Maire SpAMIL:MAIRE +2.64%91 ROC (Joel Greenblatt) % is 283.36% as of Mar. 2026, which is 64% above its 10-year median of 172.81. GuruFocus rates MIL:MAIRE with a GF Score™ of 91/100 and a GF Value™ of €11.98 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,775 Construction companies, Maire SpA ranks better than 94.14% 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. Maire SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 283.36%.
The historical rank and industry rank for Maire SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:MAIRE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 49.03 Med: 172.81 Max: 589.57
Current: 264.58
During the past 13 years, Maire SpA's highest ROC (Joel Greenblatt) % was 589.57%. The lowest was 49.03%. And the median was 172.81%.
MIL:MAIRE's ROC (Joel Greenblatt) % is ranked better than 94.14% of 1775
companies
in the Construction industry
Industry Median: 19.38
vs MIL:MAIRE: 264.58
Maire SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 38.00% 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 Maire 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:MAIRE vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Maire 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.
Maire SpA ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Maire SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Maire 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 283.36% mean?
Maire SpA (MIL:MAIRE) has a ROC (Joel Greenblatt) % of 283.36% 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 Maire SpA and its competitors. This is 64% above median its historical median of 172.81. Over the past decade, Maire SpA's ROC (Joel Greenblatt) % has ranged from 49.03 to 589.57. According to the industry distribution chart, Maire SpA ranks #104 out of 1775 companies in the Construction industry, placing it in the top 5.9%.
Is Maire SpA's ROC (Joel Greenblatt) % too high?
Maire SpA's current ROC (Joel Greenblatt) % of 283.36% is 64% above median its 10-year median of 172.81. Over the past 10 years, this metric has ranged from a low of 49.03 to a high of 589.57. The Construction industry median ROC (Joel Greenblatt) % is 19.38. Maire SpA's value of 283.36% is 1362.1% above this industry median. Based on the distribution chart, Maire SpA ranks #104 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Maire SpA has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maire SpA's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Maire SpA ranks #104 out of 1775 companies for ROC (Joel Greenblatt) %. This places Maire SpA in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. Maire SpA's value of 283.36% is 1362.1% above this benchmark. Historically, Maire SpA's own ROC (Joel Greenblatt) % has ranged from 49.03 to 589.57 over the past decade. While the company's 10-year median is 172.81 vs. the industry median of 19.38, Maire 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 a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,775 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. Maire SpA's current ROC (Joel Greenblatt) % of 283.36% is 1362.1% 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 Maire SpA and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maire SpA's current ROC (Joel Greenblatt) % is 283.36%, which is 64% above median its own 10-year median of 172.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maire SpA stock overvalued right now?
Based on GuruFocus' analysis, Maire SpA (MIL:MAIRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.98, compared to a current price of €14.78 — trading 23.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 283.36%, which is 64% above median its 10-year median of 172.81 and 1362.1% above the Construction industry median of 19.38. Maire SpA's overall GF Score™ is 91/100 with 8 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 Maire SpA (MIL:MAIRE), the current ROC (Joel Greenblatt) % is 283.36% 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 Maire SpA (MIL:MAIRE) Overvalued in 2026?
Based on GuruFocus' analysis, Maire SpA stock appears to be overvalued.
The current stock price of €14.78 is trading 23.4% above its estimated GF Value™ of €11.98.
GuruFocus considers Maire SpA to be Modestly Overvalued.
Key valuation signals for MIL:MAIRE:
ROC (Joel Greenblatt) %: 283.36% (64% above median its 10-year median of 172.81)
GF Value™: €11.98 vs. price of €14.78 (23.4% above fair value)
Industry Position: 1362.1% above the Construction median (#104 of 1775)
No single metric tells the full story. See the MIL:MAIRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maire SpA is an Italy-based company that offers sustainable technological solutions for fertilizers, hydrogen, CO2 capture, fuels, chemicals, and polymers.
91GF Score
Get the complete analysis for MIL:MAIRE
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:MAIRE has been successfully added to your 
