OMTK (OmniTek Engineering) ROC (Joel Greenblatt) %: -382.91% (As of Mar. 2026)

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What is OmniTek Engineering ROC (Joel Greenblatt) %?

OmniTek Engineering OMTK ROC (Joel Greenblatt) % is -382.91% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,332 Vehicles & Parts companies, OmniTek Engineering ranks better than 99.1% 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. OmniTek Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -382.91%.

The historical rank and industry rank for OmniTek Engineering's ROC (Joel Greenblatt) % or its related term are showing as below:

OMTK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31266.67   Med: -56.69   Max: 238.1
Current: 238.1

During the past 13 years, OmniTek Engineering's highest ROC (Joel Greenblatt) % was 238.10%. The lowest was -31266.67%. And the median was -56.69%.

OMTK's ROC (Joel Greenblatt) % is ranked better than
99.1% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs OMTK: 238.10

OmniTek Engineering's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


OmniTek Engineering  (OTCPK:OMTK) 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.


OmniTek Engineering ROC (Joel Greenblatt) % Related Terms


OmniTek Engineering ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for OmniTek Engineering'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.

OmniTek Engineering ROC (Joel Greenblatt) % Chart

OmniTek Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.12 -31.99 -45.97 -51.05 204.70

OmniTek Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -39.31 319.05 454.55 175.92 -382.91

OMTK vs BINI, MCOM, EICCF: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, OmniTek Engineering'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.


OmniTek Engineering ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, OmniTek Engineering's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where OmniTek Engineering's ROC (Joel Greenblatt) % falls into.



OmniTek Engineering 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.024 + 0.296 + 0.33) - (0.304 + 0.388 + 0.637)
=-0.679

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 0.303 + 0.438) - (0.314 + 0.579 + 0.636)
=-0.758

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of OmniTek Engineering for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.224/( ( (0.077 + max(-0.679, 0)) + (0.04 + max(-0.758, 0)) )/ 2 )
=-0.224/( ( 0.077 + 0.04 )/ 2 )
=-0.224/0.0585
=-382.91 %

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 -382.91% mean?
OmniTek Engineering (OMTK) has a ROC (Joel Greenblatt) % of -382.91% 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 OmniTek Engineering and its competitors. According to the industry distribution chart, OmniTek Engineering ranks #12 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 0.90000000000001%.
Is OmniTek Engineering's ROC (Joel Greenblatt) % too high?
OmniTek Engineering's current ROC (Joel Greenblatt) % is -382.91%. Based on the distribution chart, OmniTek Engineering ranks #12 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does OmniTek Engineering's ROC (Joel Greenblatt) % compare to BINI and MCOM?
According to the Vehicles & Parts industry distribution chart, OmniTek Engineering ranks #12 out of 1332 companies for ROC (Joel Greenblatt) %. This places OmniTek Engineering in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.02. 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. 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 OmniTek Engineering and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OmniTek Engineering's current ROC (Joel Greenblatt) % is -382.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniTek Engineering stock overvalued right now?
Based on GuruFocus' analysis, OmniTek Engineering (OMTK) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.01 — trading 45.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -382.91%. 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 OmniTek Engineering (OMTK), the current ROC (Joel Greenblatt) % is -382.91% 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.

OmniTek Engineering Business Description

Address 1345 Specialty Drive, No. E, Vista, CA, USA, 92081
OmniTek Engineering Corp is a developer or manufacturer of patented hotwires spark plug wires. It develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the company's technology. Omnitek products are available for stationary applications in the transportation industry, which includes light commercial vehicles, minibuses, heavy-duty trucks, municipal buses, as well as rail and marine applications. Omnitek's current product line includes: A kit for converting diesel engines to run on an alternative fuel; New complete natural gas engines; A high-pressure natural gas coalescing filter; and Natural gas engine components.