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Carbacid InvestmentsNAI:CARB -0.94%83 ROC (Joel Greenblatt) % is 25.89% as of Jan. 2026, which is 32% below its 10-year median of 38.17. GuruFocus rates NAI:CARB with a GF Score™ of 83/100 and a GF Value™ of KES22.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,617 Chemicals companies, Carbacid Investments ranks better than 92.58% 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. Carbacid Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 25.89%.
The historical rank and industry rank for Carbacid Investments's ROC (Joel Greenblatt) % or its related term are showing as below:
NAI:CARB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.58 Med: 38.17 Max: 90.05
Current: 44.53
During the past 13 years, Carbacid Investments's highest ROC (Joel Greenblatt) % was 90.05%. The lowest was 17.58%. And the median was 38.17%.
NAI:CARB's ROC (Joel Greenblatt) % is ranked better than 92.58% of 1617
companies
in the Chemicals industry
Industry Median: 10.62
vs NAI:CARB: 44.53
Carbacid Investments's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.50% 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.
Carbacid Investments ROC (Joel Greenblatt) % Related Terms
Carbacid Investments ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Carbacid Investments'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.
NAI:CARB vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Carbacid Investments'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.
Carbacid Investments ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Carbacid Investments's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Carbacid Investments'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 two times the semi-annual (Jan. 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 25.89% mean?
Carbacid Investments (NAI:CARB) has a ROC (Joel Greenblatt) % of 25.89% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Carbacid Investments and its competitors. This is 32% below median its historical median of 38.17. Over the past decade, Carbacid Investments' ROC (Joel Greenblatt) % has ranged from 17.58 to 90.05. According to the industry distribution chart, Carbacid Investments ranks #120 out of 1617 companies in the Chemicals industry, placing it in the top 7.4%.
Is Carbacid Investments' ROC (Joel Greenblatt) % too high?
Carbacid Investments' current ROC (Joel Greenblatt) % of 25.89% is 32% below median its 10-year median of 38.17. Over the past 10 years, this metric has ranged from a low of 17.58 to a high of 90.05. The Chemicals industry median ROC (Joel Greenblatt) % is 10.62. Carbacid Investments' value of 25.89% is 143.8% above this industry median. Based on the distribution chart, Carbacid Investments ranks #120 out of 1617 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Carbacid Investments has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carbacid Investments' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Carbacid Investments ranks #120 out of 1617 companies for ROC (Joel Greenblatt) %. This places Carbacid Investments in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.62. Carbacid Investments' value of 25.89% is 143.8% above this benchmark. Historically, Carbacid Investments' own ROC (Joel Greenblatt) % has ranged from 17.58 to 90.05 over the past decade. While the company's 10-year median is 38.17 vs. the industry median of 10.62, Carbacid Investments 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.62, based on 1,617 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. Carbacid Investments's current ROC (Joel Greenblatt) % of 25.89% is 143.8% 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 Carbacid Investments and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carbacid Investments's current ROC (Joel Greenblatt) % is 25.89%, which is 32% below median its own 10-year median of 38.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carbacid Investments stock overvalued right now?
Based on GuruFocus' analysis, Carbacid Investments (NAI:CARB) is currently considered Significantly Overvalued. The stock's GF Value™ is KES22.59, compared to a current price of KES42.00 — trading 85.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.89%, which is 32% below median its 10-year median of 38.17 and 143.8% above the Chemicals industry median of 10.62. Carbacid Investments' overall GF Score™ is 83/100 with 3 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 Carbacid Investments (NAI:CARB), the current ROC (Joel Greenblatt) % is 25.89% as of Jan. 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 Carbacid Investments (NAI:CARB) Overvalued in 2026?
Based on GuruFocus' analysis, Carbacid Investments stock appears to be overvalued.
The current stock price of KES42.00 is trading 85.9% above its estimated GF Value™ of KES22.59.
GuruFocus considers Carbacid Investments to be Significantly Overvalued.
Key valuation signals for NAI:CARB:
ROC (Joel Greenblatt) %: 25.89% (32% below median its 10-year median of 38.17)
GF Value™: KES22.59 vs. price of KES42.00 (85.9% above fair value)
Industry Position: 143.8% above the Chemicals median (#120 of 1617)
No single metric tells the full story. See the NAI:CARB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carbacid Investments PLC is an investment and holding company with three subsidiaries. The main activities of the business are mining and marketing of carbon dioxide gas, and investment. These are organized in the following operating segments: Trading and Investment. It derives substantial revenue from trading activities. It caters to domestic and overseas markets. Key revenue is derived from the sale of Carbon dioxide gas.
83GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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