Glunz & Jensen Holding AS (OCSE:GJ) ROC (Joel Greenblatt) %: 28.78% (As of Dec. 2025) — 659% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OCSE:GJ Glunz & Jensen Holding AS OCSE:GJ
56 GF Score
Price kr85.50
GF Value kr70.92
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Glunz & Jensen Holding AS ROC (Joel Greenblatt) %?

Glunz & Jensen Holding AS OCSE:GJ 56 ROC (Joel Greenblatt) % is 28.78% as of Dec. 2025, which is 659% above its 10-year median of 3.79. GuruFocus rates OCSE:GJ with a GF Score™ of 56/100 and a GF Value™ of kr70.92 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,065 Industrial Products companies, Glunz & Jensen Holding AS ranks better than 82.87% 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. Glunz & Jensen Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 28.78%.

The historical rank and industry rank for Glunz & Jensen Holding AS's ROC (Joel Greenblatt) % or its related term are showing as below:

OCSE:GJ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -63.35   Med: 3.79   Max: 44.24
Current: 35.08

During the past 13 years, Glunz & Jensen Holding AS's highest ROC (Joel Greenblatt) % was 44.24%. The lowest was -63.35%. And the median was 3.79%.

OCSE:GJ's ROC (Joel Greenblatt) % is ranked better than
82.87% of 3065 companies
in the Industrial Products industry
Industry Median: 11.67 vs OCSE:GJ: 35.08

Glunz & Jensen Holding AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Glunz & Jensen Holding AS  (OCSE:GJ) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Glunz & Jensen Holding AS ROC (Joel Greenblatt) % Related Terms


Glunz & Jensen Holding AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Glunz & Jensen Holding AS'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.

Glunz & Jensen Holding AS ROC (Joel Greenblatt) % Chart

Glunz & Jensen Holding AS Annual Data
Trend May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 44.24 20.40 17.53 33.77

Glunz & Jensen Holding AS Semi-Annual Data
Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 16.00 20.70 43.38 28.78

OCSE:GJ vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding AS'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.


Glunz & Jensen Holding AS ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding AS's ROC (Joel Greenblatt) % falls into.


OCSE:GJ
56GF Score
Glunz & Jensen Holding AS OCSE:GJ
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glunz & Jensen Holding AS ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.4 + 37.6 + 1.7) - (19.1 + 0 + 5.6)
=33

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.621 + 38.595 + 4.439) - (10.517 + 0 + 13.699)
=40.439

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Glunz & Jensen Holding AS for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.678/( ( (6.8 + max(33, 0)) + (7.865 + max(40.439, 0)) )/ 2 )
=12.678/( ( 39.8 + 48.304 )/ 2 )
=12.678/44.052
=28.78 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 28.78% mean?
Glunz & Jensen Holding AS (OCSE:GJ) has a ROC (Joel Greenblatt) % of 28.78% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Glunz & Jensen Holding AS and its competitors. This is 659% above median its historical median of 3.79. According to the industry distribution chart, Glunz & Jensen Holding AS ranks #525 out of 3065 companies in the Industrial Products industry, placing it in the top 17.1%.
Is Glunz & Jensen Holding AS's ROC (Joel Greenblatt) % too high?
Glunz & Jensen Holding AS's current ROC (Joel Greenblatt) % of 28.78% is 659% above median its 10-year median of 3.79. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.67. Glunz & Jensen Holding AS's value of 28.78% is 146.6% above this industry median. Based on the distribution chart, Glunz & Jensen Holding AS ranks #525 out of 3065 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Glunz & Jensen Holding AS has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glunz & Jensen Holding AS's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Glunz & Jensen Holding AS ranks #525 out of 3065 companies for ROC (Joel Greenblatt) %. This places Glunz & Jensen Holding AS in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.67. Glunz & Jensen Holding AS's value of 28.78% is 146.6% above this benchmark. While the company's 10-year median is 3.79 vs. the industry median of 11.67, Glunz & Jensen Holding AS 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 11.67, based on 3,065 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. Glunz & Jensen Holding AS's current ROC (Joel Greenblatt) % of 28.78% is 146.6% 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 Glunz & Jensen Holding AS and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glunz & Jensen Holding AS's current ROC (Joel Greenblatt) % is 28.78%, which is 659% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glunz & Jensen Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Glunz & Jensen Holding AS (OCSE:GJ) is currently considered Modestly Overvalued. The stock's GF Value™ is kr70.92, compared to a current price of kr85.50 — trading 20.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 28.78%, which is 659% above median its 10-year median of 3.79 and 146.6% above the Industrial Products industry median of 11.67. Glunz & Jensen Holding AS's overall GF Score™ is 56/100 with 5 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 Glunz & Jensen Holding AS (OCSE:GJ), the current ROC (Joel Greenblatt) % is 28.78% as of Dec. 2025. 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 Glunz & Jensen Holding AS (OCSE:GJ) Overvalued in 2026?

Based on GuruFocus' analysis, Glunz & Jensen Holding AS stock appears to be overvalued. The current stock price of kr85.50 is trading 20.6% above its estimated GF Value™ of kr70.92. GuruFocus considers Glunz & Jensen Holding AS to be Modestly Overvalued.

Key valuation signals for OCSE:GJ:

  • ROC (Joel Greenblatt) %: 28.78% (659% above median its 10-year median of 3.79)
  • GF Value™: kr70.92 vs. price of kr85.50 (20.6% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 146.6% above the Industrial Products median (#525 of 3065)

No single metric tells the full story. See the OCSE:GJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glunz & Jensen Holding AS Business Description

Address Selandia Park 1, Ringsted, DNK, 4100
Glunz & Jensen Holding AS is a supplier of plate-making equipment and solutions for the prepress industry. In addition to developing and producing processing equipment for Offset and Flexo printing technologies, it also offers customer support as well as a full range of spare parts, wear parts, and consumable products. Its diverse product portfolio includes inkjet imaging systems, exposure units, washout units (processors), dryers, light finishers, fully automatic plate-making (inline) systems, mounting tables, plate stackers & turners. It presents two reportable segments: the prepress market and the rental of the Selandia Park properties. It has a geographic presence in EMEA, the Americas, Asia, and the Pacific. It generates the majority of its revenue from EMEA.
56GF Score

Get the complete analysis for OCSE:GJ

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr85.50
Price
kr70.92
GF Value