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Progen HoldingsSGX:583 ROC (Joel Greenblatt) % is 3.40% as of Jun. 2026. The stock has 3 warning signs investors should review. Among 1,787 Construction companies, Progen Holdings ranks worse than 81.76% 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. Progen Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.40%.
The historical rank and industry rank for Progen Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
SGX:583'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1221.85 Med: -124.99 Max: 84.18
Current: -3.28
During the past 13 years, Progen Holdings's highest ROC (Joel Greenblatt) % was 84.18%. The lowest was -1221.85%. And the median was -124.99%.
SGX:583's ROC (Joel Greenblatt) % is ranked worse than 81.76% of 1787
companies
in the Construction industry
Industry Median: 19.65
vs SGX:583: -3.28
Progen Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Progen Holdings ROC (Joel Greenblatt) % Related Terms
Progen Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Progen Holdings'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.
SGX:583 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Progen Holdings'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.
Progen Holdings ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Progen Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Progen Holdings'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 (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 3.40% mean?
Progen Holdings (SGX:583) has a ROC (Joel Greenblatt) % of 3.40% 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 Progen Holdings and its competitors. According to the industry distribution chart, Progen Holdings ranks #1461 out of 1787 companies in the Construction industry, placing it in the top 81.8%.
Is Progen Holdings' ROC (Joel Greenblatt) % too high?
Progen Holdings' current ROC (Joel Greenblatt) % is 3.40%. The Construction industry median ROC (Joel Greenblatt) % is 19.65. Progen Holdings' value of 3.40% is 82.7% below this industry median. Based on the distribution chart, Progen Holdings ranks #1461 out of 1787 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Progen Holdings' ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #1461 out of 1787 companies for ROC (Joel Greenblatt) %. This places Progen Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.65. Progen Holdings' value of 3.40% is 82.7% below 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 a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.65, based on 1,787 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. Progen Holdings's current ROC (Joel Greenblatt) % of 3.40% is 82.7% below 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 Progen Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progen Holdings's current ROC (Joel Greenblatt) % is 3.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Progen Holdings (SGX:583) has a current ROC (Joel Greenblatt) % of 3.40%. The current ROC (Joel Greenblatt) % is 3.40% and 82.7% below the Construction industry median of 19.65. 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 Progen Holdings (SGX:583), the current ROC (Joel Greenblatt) % is 3.40% 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.
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.
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