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.
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.
Spec ProductsROCO:7718 44 ROC (Joel Greenblatt) % is 31.80% as of Mar. 2026, which is 4% below its 10-year median of 33.11. GuruFocus rates ROCO:7718 with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 3,062 Industrial Products companies, Spec Products ranks better than 75.54% 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. Spec Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.80%.
The historical rank and industry rank for Spec Products's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:7718'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.19 Med: 33.11 Max: 48.7
Current: 27.71
During the past 6 years, Spec Products's highest ROC (Joel Greenblatt) % was 48.70%. The lowest was 12.19%. And the median was 33.11%.
ROCO:7718's ROC (Joel Greenblatt) % is ranked better than 75.54% of 3062
companies
in the Industrial Products industry
Industry Median: 11.585
vs ROCO:7718: 27.71
Spec Products's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.00% 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.
Spec Products ROC (Joel Greenblatt) % Related Terms
Spec Products ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Spec Products'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.
ROCO:7718 vs SNA, RBC, SWK: ROC (Joel Greenblatt) % Comparison
For the Tools & Accessories subindustry, Spec Products'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.
Spec Products ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spec Products's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Spec Products'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 31.80% mean?
Spec Products (ROCO:7718) has a ROC (Joel Greenblatt) % of 31.80% 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 Spec Products and its competitors. This is near median its historical median of 33.11. Over the past decade, Spec Products' ROC (Joel Greenblatt) % has ranged from 12.19 to 48.70. According to the industry distribution chart, Spec Products ranks #749 out of 3062 companies in the Industrial Products industry, placing it in the top 24.5%.
Is Spec Products' ROC (Joel Greenblatt) % too high?
Spec Products' current ROC (Joel Greenblatt) % of 31.80% is near median its 10-year median of 33.11. Over the past 10 years, this metric has ranged from a low of 12.19 to a high of 48.70. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. Spec Products' value of 31.80% is 174.5% above this industry median. Based on the distribution chart, Spec Products ranks #749 out of 3062 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Spec Products has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Spec Products' ROC (Joel Greenblatt) % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Spec Products ranks #749 out of 3062 companies for ROC (Joel Greenblatt) %. This places Spec Products in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.59. Spec Products' value of 31.80% is 174.5% above this benchmark. Historically, Spec Products' own ROC (Joel Greenblatt) % has ranged from 12.19 to 48.70 over the past decade. While the company's 10-year median is 33.11 vs. the industry median of 11.59, Spec Products 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 11.59, based on 3,062 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. Spec Products's current ROC (Joel Greenblatt) % of 31.80% is 174.5% 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 Spec Products and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spec Products's current ROC (Joel Greenblatt) % is 31.80%, which is near median its own 10-year median of 33.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spec Products stock overvalued right now?
Spec Products (ROCO:7718) has a current ROC (Joel Greenblatt) % of 31.80%. The current ROC (Joel Greenblatt) % is 31.80%, which is near median its 10-year median of 33.11 and 174.5% above the Industrial Products industry median of 11.59. Spec Products' overall GF Score™ is 44/100 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 Spec Products (ROCO:7718), the current ROC (Joel Greenblatt) % is 31.80% 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.
Spec Products Corp is engaged in the manufacture of screws and nuts, wholesale of metalware, and international trade. Its product patents includes Nordic Bolt & Nut (Wedge Locking Fastener), Spec Locking Washer, Aluminum H.T Processes and some assembly devices, etc.
44GF Score
Get the complete analysis for ROCO:7718
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:7718 has been successfully added to your 
