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WoodwardMIL:1WWD 89 ROC (Joel Greenblatt) % is 47.49% as of Jun. 2026, which is 130% above its 10-year median of 20.63. GuruFocus rates MIL:1WWD with a GF Score™ of 89/100 and a GF Value™ of €154.23. The stock has 2 warning signs investors should review. Among 359 Aerospace & Defense companies, Woodward ranks better than 83.01% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Woodward's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 47.49%.
The historical rank and industry rank for Woodward's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:1WWD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.82 Med: 20.63 Max: 44.95
Current: 44.95
During the past 13 years, Woodward's highest ROC (Joel Greenblatt) % was 44.95%. The lowest was 16.82%. And the median was 20.63%.
MIL:1WWD's ROC (Joel Greenblatt) % is ranked better than 83.01% of 359
companies
in the Aerospace & Defense industry
Industry Median: 10.68
vs MIL:1WWD: 44.95
Woodward's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.10% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
The historical data trend for Woodward's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIL:1WWD vs CW, FTAI, ARXS: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Woodward's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Woodward ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Woodward's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Woodward's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 47.49% mean?
Woodward (MIL:1WWD) has a ROC (Joel Greenblatt) % of 47.49% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Woodward and its competitors. This is 130% above median its historical median of 20.63. Over the past decade, Woodward's ROC (Joel Greenblatt) % has ranged from 16.82 to 44.95. According to the industry distribution chart, Woodward ranks #61 out of 359 companies in the Aerospace & Defense industry, placing it in the top 17%.
Is Woodward's ROC (Joel Greenblatt) % too high?
Woodward's current ROC (Joel Greenblatt) % of 47.49% is 130% above median its 10-year median of 20.63. Over the past 10 years, this metric has ranged from a low of 16.82 to a high of 44.95. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.68. Woodward's value of 47.49% is 344.7% above this industry median. Based on the distribution chart, Woodward ranks #61 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Woodward has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Woodward's ROC (Joel Greenblatt) % compare to CW and FTAI?
According to the Aerospace & Defense industry distribution chart, Woodward ranks #61 out of 359 companies for ROC (Joel Greenblatt) %. This places Woodward in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.68. Woodward's value of 47.49% is 344.7% above this benchmark. Historically, Woodward's own ROC (Joel Greenblatt) % has ranged from 16.82 to 44.95 over the past decade. While the company's 10-year median is 20.63 vs. the industry median of 10.68, Woodward has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.68, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Woodward's current ROC (Joel Greenblatt) % of 47.49% is 344.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Woodward and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Woodward's current ROC (Joel Greenblatt) % is 47.49%, which is 130% above median its own 10-year median of 20.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woodward stock overvalued right now?
Woodward (MIL:1WWD) has a current ROC (Joel Greenblatt) % of 47.49%. The stock's GF Value™ is €154.23, compared to a current price of €232.00 — trading 50.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.49%, which is 130% above median its 10-year median of 20.63 and 344.7% above the Aerospace & Defense industry median of 10.68. Woodward's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Woodward (MIL:1WWD), the current ROC (Joel Greenblatt) % is 47.49% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Woodward (MIL:1WWD) Overvalued in 2026?
Based on GuruFocus' analysis, Woodward stock appears to be overvalued.
The current stock price of €232.00 is trading 50.4% above its estimated GF Value™ of €154.23.
Key valuation signals for MIL:1WWD:
ROC (Joel Greenblatt) %: 47.49% (130% above median its 10-year median of 20.63)
GF Value™: €154.23 vs. price of €232.00 (50.4% above fair value)
Industry Position: 344.7% above the Aerospace & Defense median (#61 of 359)
No single metric tells the full story. See the MIL:1WWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Woodward Inc is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. It designs, produces, and services reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servo controls, motors, and sensors for aircraft. The Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors.
89GF Score
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