SHIM (Shimmick) ROC (Joel Greenblatt) %: -33.87% (As of Mar. 2026)


SHIM Shimmick Corp SHIM
20 GF Score
Price $4.23
GF Value $2.09
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shimmick ROC (Joel Greenblatt) %?

Shimmick SHIM -2.76% 20 ROC (Joel Greenblatt) % is -33.87% as of Mar. 2026. GuruFocus rates SHIM with a GF Score™ of 20/100 and a GF Value™ of $2.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,775 Construction companies, Shimmick ranks worse than 89.92% 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. Shimmick's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -33.87%.

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

SHIM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -252.22   Med: -132.55   Max: -37.81
Current: -37.81

During the past 5 years, Shimmick's highest ROC (Joel Greenblatt) % was -37.81%. The lowest was -252.22%. And the median was -132.55%.

SHIM's ROC (Joel Greenblatt) % is ranked worse than
89.92% of 1775 companies
in the Construction industry
Industry Median: 19.37 vs SHIM: -37.81

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


Shimmick  (NAS:SHIM) 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.


Shimmick ROC (Joel Greenblatt) % Related Terms


Shimmick ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shimmick'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.

Shimmick ROC (Joel Greenblatt) % Chart

Shimmick Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
-252.22 -48.74 0.00 -211.78 -53.31

Shimmick Quarterly Data
Dec21 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 -83.19 -72.33 -34.95 0.28 -33.87

SHIM vs BLNK, VATE, KAZR: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Shimmick'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.


Shimmick ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Shimmick's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SHIM
20GF Score
Shimmick Corp SHIM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shimmick 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)
=(30.179 + 0 + 14.957) - (103.714 + 53.76 + 34.499)
=-146.837

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.94 + 0 + 14.424) - (104.947 + 35.744 + 34.387)
=-136.714

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shimmick 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 )
=-9/( ( (27.037 + max(-146.837, 0)) + (26.105 + max(-136.714, 0)) )/ 2 )
=-9/( ( 27.037 + 26.105 )/ 2 )
=-9/26.571
=-33.87 %

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 -33.87% mean?
Shimmick (SHIM) has a ROC (Joel Greenblatt) % of -33.87% 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 Shimmick and its competitors. According to the industry distribution chart, Shimmick ranks #1596 out of 1775 companies in the Construction industry, placing it in the top 89.9%.
Is Shimmick's ROC (Joel Greenblatt) % too high?
Shimmick's current ROC (Joel Greenblatt) % is -33.87%. Based on the distribution chart, Shimmick ranks #1596 out of 1775 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shimmick has a GF Score™ of 20/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shimmick's ROC (Joel Greenblatt) % compare to BLNK and VATE?
According to the Construction industry distribution chart, Shimmick ranks #1596 out of 1775 companies for ROC (Joel Greenblatt) %. This places Shimmick in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.37. 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 19.37, based on 1,775 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 Shimmick and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimmick's current ROC (Joel Greenblatt) % is -33.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick stock overvalued right now?
Based on GuruFocus' analysis, Shimmick (SHIM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.09, compared to a current price of $4.23 — trading 102.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is -33.87%. Shimmick's overall GF Score™ is 20/100 with 4 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 Shimmick (SHIM), the current ROC (Joel Greenblatt) % is -33.87% 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.

Is Shimmick (SHIM) Overvalued in 2026?

Based on GuruFocus' analysis, Shimmick stock appears to be overvalued. The current stock price of $4.23 is trading 102.4% above its estimated GF Value™ of $2.09. GuruFocus considers Shimmick to be Significantly Overvalued.

Key valuation signals for SHIM:

  • ROC (Joel Greenblatt) %: -33.87%
  • GF Value™: $2.09 vs. price of $4.23 (102.4% above fair value)
  • GF Score™: 20/100 with 4 warning signs

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


Shimmick Business Description

Address 530 Technology Drive, Suite 300, Irvine, CA, USA, 92618
Shimmick Corp is engaged in delivering turnkey infrastructure solutions that strengthen critical markets across water, energy, climate resiliency, and sustainable transportation. It selectively focuses on the following types of infrastructure projects: Water Treatment, Water Resources, and Other Critical Infrastructure. In water treatment projects the company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure. In Other Critical Infrastructure projects, It builds, retrofits, expands, rehabilitates, operates, and maintains critical infrastructure, including mass transit, bridges, and military infrastructure. The company has one operating and reportable segment: infrastructure solutions. All of its revenue is derived from the United States.
20GF Score

Get the complete analysis for SHIM

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

$4.23
Price
$2.09
GF Value