Cembre SpAMIL:CMB -1.34%84 ROC (Joel Greenblatt) % is 33.80% as of Mar. 2026, which is 47% above its 10-year median of 23.04. GuruFocus rates MIL:CMB with a GF Score™ of 84/100 and a GF Value™ of €48.31 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,061 Industrial Products companies, Cembre SpA ranks better than 77.23% 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. Cembre SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.80%.
The historical rank and industry rank for Cembre SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:CMB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.98 Med: 23.04 Max: 31.32
Current: 28.68
During the past 13 years, Cembre SpA's highest ROC (Joel Greenblatt) % was 31.32%. The lowest was 16.98%. And the median was 23.04%.
MIL:CMB's ROC (Joel Greenblatt) % is ranked better than 77.23% of 3061
companies
in the Industrial Products industry
Industry Median: 11.69
vs MIL:CMB: 28.68
Cembre SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.10% 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.
Cembre SpA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Cembre SpA'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:CMB vs VRT, BE, HUBB: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Cembre SpA'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.
Cembre SpA ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cembre SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cembre SpA'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 (Mar. 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 33.80% mean?
Cembre SpA (MIL:CMB) has a ROC (Joel Greenblatt) % of 33.80% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Cembre SpA and its competitors. This is 47% above median its historical median of 23.04. Over the past decade, Cembre SpA's ROC (Joel Greenblatt) % has ranged from 16.98 to 31.32. According to the industry distribution chart, Cembre SpA ranks #697 out of 3061 companies in the Industrial Products industry, placing it in the top 22.8%.
Is Cembre SpA's ROC (Joel Greenblatt) % too high?
Cembre SpA's current ROC (Joel Greenblatt) % of 33.80% is 47% above median its 10-year median of 23.04. Over the past 10 years, this metric has ranged from a low of 16.98 to a high of 31.32. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Cembre SpA's value of 33.80% is 189.1% above this industry median. Based on the distribution chart, Cembre SpA ranks #697 out of 3061 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Cembre SpA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cembre SpA's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cembre SpA ranks #697 out of 3061 companies for ROC (Joel Greenblatt) %. This places Cembre SpA in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. Cembre SpA's value of 33.80% is 189.1% above this benchmark. Historically, Cembre SpA's own ROC (Joel Greenblatt) % has ranged from 16.98 to 31.32 over the past decade. While the company's 10-year median is 23.04 vs. the industry median of 11.69, Cembre SpA 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,061 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. Cembre SpA's current ROC (Joel Greenblatt) % of 33.80% is 189.1% 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 Cembre SpA and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cembre SpA's current ROC (Joel Greenblatt) % is 33.80%, which is 47% above median its own 10-year median of 23.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cembre SpA stock overvalued right now?
Based on GuruFocus' analysis, Cembre SpA (MIL:CMB) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.31, compared to a current price of €88.10 — trading 82.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 33.80%, which is 47% above median its 10-year median of 23.04 and 189.1% above the Industrial Products industry median of 11.69. Cembre SpA's overall GF Score™ is 84/100 with 4 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 Cembre SpA (MIL:CMB), the current ROC (Joel Greenblatt) % is 33.80% as of Mar. 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 Cembre SpA (MIL:CMB) Overvalued in 2026?
Based on GuruFocus' analysis, Cembre SpA stock appears to be overvalued.
The current stock price of €88.10 is trading 82.4% above its estimated GF Value™ of €48.31.
GuruFocus considers Cembre SpA to be Significantly Overvalued.
Key valuation signals for MIL:CMB:
ROC (Joel Greenblatt) %: 33.80% (47% above median its 10-year median of 23.04)
GF Value™: €48.31 vs. price of €88.10 (82.4% above fair value)
Industry Position: 189.1% above the Industrial Products median (#697 of 3061)
No single metric tells the full story. See the MIL:CMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cembre SpA specializes in the design, manufacture, and marketing of solutions for the connection and termination of electrical conductors, along with wiring tools. The Group mainly operates in the industrial, railway, and power & utilities markets, offering a comprehensive portfolio across six main categories: electrical connectors and cable accessories; hydraulic, mechanical, and pneumatic tools; cable glands and ducts; terminals and terminal blocks; industrial marking products; and railway-specific equipment. Its key product categories include cable lugs, tools, marking systems, cable glands and cable entry systems, and wiring accessories. The company operates in Italy, the rest of Europe (which generates the majority of its revenue), and the rest of the world.
84GF Score
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