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Orion Energy SystemsOESX 58 ROC (Joel Greenblatt) % is 108.25% as of Jun. 2026. GuruFocus rates OESX with a GF Score™ of 58/100 and a GF Value™ of $8.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,076 Industrial Products companies, Orion Energy Systems ranks worse than 54.75% 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. Orion Energy Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 108.25%.
The historical rank and industry rank for Orion Energy Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
OESX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -86.92 Med: -48.1 Max: 101.22
Current: 10.12
During the past 13 years, Orion Energy Systems's highest ROC (Joel Greenblatt) % was 101.22%. The lowest was -86.92%. And the median was -48.10%.
OESX's ROC (Joel Greenblatt) % is ranked worse than 54.75% of 3076
companies
in the Industrial Products industry
Industry Median: 12.14
vs OESX: 10.12
Orion Energy Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Orion Energy Systems (NAS:OESX) 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.
Orion Energy Systems ROC (Joel Greenblatt) % Related Terms
Orion Energy Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Orion Energy Systems'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.
Orion Energy Systems ROC (Joel Greenblatt) % Chart
OESX vs CBAT, PPSI, STI: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Orion Energy Systems'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.
Orion Energy Systems ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Orion Energy Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Orion Energy Systems's ROC (Joel Greenblatt) % falls into.
Orion Energy Systems 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:
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 (Jun. 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 108.25% mean?
Orion Energy Systems (OESX) has a ROC (Joel Greenblatt) % of 108.25% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Orion Energy Systems and its competitors. According to the industry distribution chart, Orion Energy Systems ranks #1684 out of 3076 companies in the Industrial Products industry, placing it in the top 54.7%.
Is Orion Energy Systems' ROC (Joel Greenblatt) % too high?
Orion Energy Systems' current ROC (Joel Greenblatt) % is 108.25%. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.14. Orion Energy Systems' value of 108.25% is 791.7% above this industry median. Based on the distribution chart, Orion Energy Systems ranks #1684 out of 3076 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Orion Energy Systems has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orion Energy Systems' ROC (Joel Greenblatt) % compare to CBAT and PPSI?
According to the Industrial Products industry distribution chart, Orion Energy Systems ranks #1684 out of 3076 companies for ROC (Joel Greenblatt) %. This places Orion Energy Systems in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.14. Orion Energy Systems' value of 108.25% is 791.7% above this benchmark. 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 12.14, based on 3,076 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. Orion Energy Systems's current ROC (Joel Greenblatt) % of 108.25% is 791.7% 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 Orion Energy Systems and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Energy Systems's current ROC (Joel Greenblatt) % is 108.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Orion Energy Systems (OESX) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.83, compared to a current price of $26.54 — trading 200.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 108.25% and 791.7% above the Industrial Products industry median of 12.14. Orion Energy Systems' overall GF Score™ is 58/100 with 6 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 Orion Energy Systems (OESX), the current ROC (Joel Greenblatt) % is 108.25% as of Jun. 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 Orion Energy Systems (OESX) Overvalued in 2026?
Based on GuruFocus' analysis, Orion Energy Systems stock appears to be overvalued.
The current stock price of $26.54 is trading 200.6% above its estimated GF Value™ of $8.83.
GuruFocus considers Orion Energy Systems to be Significantly Overvalued.
Key valuation signals for OESX:
ROC (Joel Greenblatt) %: 108.25%
GF Value™: $8.83 vs. price of $26.54 (200.6% above fair value)
Industry Position: 791.7% above the Industrial Products median (#1684 of 3076)
No single metric tells the full story. See the OESX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orion Energy Systems Inc provide light emitting diode (LED) lighting systems, wireless Internet of Things (IoT) enabled control solutions, commercial and industrial electric vehicle charging infrastructure solutions and lighting and electrical maintenance services. It help its customers achieve their sustainability, energy savings and carbon footprint reduction goals through technology and exceptional service. It sell its products and services into many vertical markets within the broader commercial and industrial market segment. Primary verticals include box retail, manufacturing, warehousing/logistics, federal and municipal government, healthcare and schools. It has three segments Lighting, Maintenance, and EV segment. It generates majority of revenue from Lighting segment.
58GF Score
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