Melexis NVMLXSF 89 ROC (Joel Greenblatt) % is 22.48% as of Mar. 2026, which is 59% below its 10-year median of 55.10. GuruFocus rates MLXSF with a GF Score™ of 89/100 and a GF Value™ of $65.67. The stock has 10 warning signs investors should review. Among 1,025 Semiconductors companies, Melexis NV ranks better than 64.88% 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. Melexis NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.48%.
The historical rank and industry rank for Melexis NV's ROC (Joel Greenblatt) % or its related term are showing as below:
MLXSF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.65 Med: 55.1 Max: 76.48
Current: 19.65
During the past 13 years, Melexis NV's highest ROC (Joel Greenblatt) % was 76.48%. The lowest was 19.65%. And the median was 55.10%.
MLXSF's ROC (Joel Greenblatt) % is ranked better than 64.88% of 1025
companies
in the Semiconductors industry
Industry Median: 8.35
vs MLXSF: 19.65
Melexis NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.70% 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.
Melexis NV ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Melexis NV'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.
MLXSF vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Melexis NV'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.
Melexis NV ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Melexis NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Melexis NV'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 22.48% mean?
Melexis NV (MLXSF) has a ROC (Joel Greenblatt) % of 22.48% 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 Melexis NV and its competitors. This is 59% below median its historical median of 55.10. Over the past decade, Melexis NV's ROC (Joel Greenblatt) % has ranged from 19.65 to 76.48. According to the industry distribution chart, Melexis NV ranks #360 out of 1025 companies in the Semiconductors industry, placing it in the top 35.1%.
Is Melexis NV's ROC (Joel Greenblatt) % too high?
Melexis NV's current ROC (Joel Greenblatt) % of 22.48% is 59% below median its 10-year median of 55.10. Over the past 10 years, this metric has ranged from a low of 19.65 to a high of 76.48. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.35. Melexis NV's value of 22.48% is 169.2% above this industry median. Based on the distribution chart, Melexis NV ranks #360 out of 1025 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Melexis NV has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Melexis NV's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Melexis NV ranks #360 out of 1025 companies for ROC (Joel Greenblatt) %. This puts Melexis NV in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.35. Melexis NV's value of 22.48% is 169.2% above this benchmark. Historically, Melexis NV's own ROC (Joel Greenblatt) % has ranged from 19.65 to 76.48 over the past decade. While the company's 10-year median is 55.10 vs. the industry median of 8.35, Melexis NV 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.35, based on 1,025 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. Melexis NV's current ROC (Joel Greenblatt) % of 22.48% is 169.2% 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 Melexis NV and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melexis NV's current ROC (Joel Greenblatt) % is 22.48%, which is 59% below median its own 10-year median of 55.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melexis NV stock overvalued right now?
Melexis NV (MLXSF) has a current ROC (Joel Greenblatt) % of 22.48%. The stock's GF Value™ is $65.67, compared to a current price of $76.00 — trading 15.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.48%, which is 59% below median its 10-year median of 55.10 and 169.2% above the Semiconductors industry median of 8.35. Melexis NV's overall GF Score™ is 89/100 with 10 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 Melexis NV (MLXSF), the current ROC (Joel Greenblatt) % is 22.48% 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 Melexis NV (MLXSF) Overvalued in 2026?
Based on GuruFocus' analysis, Melexis NV stock appears to be overvalued.
The current stock price of $76.00 is trading 15.7% above its estimated GF Value™ of $65.67.
Key valuation signals for MLXSF:
ROC (Joel Greenblatt) %: 22.48% (59% below median its 10-year median of 55.10)
GF Value™: $65.67 vs. price of $76.00 (15.7% above fair value)
Industry Position: 169.2% above the Semiconductors median (#360 of 1025)
No single metric tells the full story. See the MLXSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melexis designs analog/mixed-signal automotive semiconductors for the automobile industry. Its chips measure position, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among others.
89GF Score
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