Hexagon Purus ASA (STU:0QJ0) ROC (Joel Greenblatt) %: -41.35% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STU:0QJ0 Hexagon Purus ASA STU:0QJ0
47 GF Score
Price €0.85
GF Value €1.68
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Hexagon Purus ASA ROC (Joel Greenblatt) %?

Hexagon Purus ASA STU:0QJ0 -0.47% 47 ROC (Joel Greenblatt) % is -41.35% as of Jun. 2026. GuruFocus rates STU:0QJ0 with a GF Score™ of 47/100 and a GF Value™ of €1.68 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 158 Industrial Distribution companies, Hexagon Purus ASA ranks worse than 96.84% 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. Hexagon Purus ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -41.35%.

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

STU:0QJ0' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -145.05   Med: -77.33   Max: -44.11
Current: -44.11

During the past 8 years, Hexagon Purus ASA's highest ROC (Joel Greenblatt) % was -44.11%. The lowest was -145.05%. And the median was -77.33%.

STU:0QJ0's ROC (Joel Greenblatt) % is ranked worse than
96.84% of 158 companies
in the Industrial Distribution industry
Industry Median: 14.895 vs STU:0QJ0: -44.11

Hexagon Purus ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.00% per year.


Hexagon Purus ASA  (STU:0QJ0) 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.


Hexagon Purus ASA ROC (Joel Greenblatt) % Related Terms


Hexagon Purus ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hexagon Purus ASA'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.

Hexagon Purus ASA ROC (Joel Greenblatt) % Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -109.55 -76.34 -48.27 -46.82 -59.41

Hexagon Purus ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -34.60 -31.84 -84.76 -10.51 -41.35

STU:0QJ0 vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison

For the Industrial Distribution subindustry, Hexagon Purus ASA'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.


Hexagon Purus ASA ROC (Joel Greenblatt) % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


STU:0QJ0
47GF Score
Hexagon Purus ASA STU:0QJ0
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon Purus ASA 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.345 + 34.768 + 8.383) - (10.143 + 0 + 23.092)
=31.261

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.331 + 34.571 + 7.129) - (9.918 + 0 + 21.45)
=26.663

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hexagon Purus ASA for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-47.5/( ( (86.007 + max(31.261, 0)) + (85.839 + max(26.663, 0)) )/ 2 )
=-47.5/( ( 117.268 + 112.502 )/ 2 )
=-47.5/114.885
=-41.35 %

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 -41.35% mean?
Hexagon Purus ASA (STU:0QJ0) has a ROC (Joel Greenblatt) % of -41.35% 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 Hexagon Purus ASA and its competitors. According to the industry distribution chart, Hexagon Purus ASA ranks #153 out of 158 companies in the Industrial Distribution industry, placing it in the top 96.8%.
Is Hexagon Purus ASA's ROC (Joel Greenblatt) % too high?
Hexagon Purus ASA's current ROC (Joel Greenblatt) % is -41.35%. Based on the distribution chart, Hexagon Purus ASA ranks #153 out of 158 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Hexagon Purus ASA has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hexagon Purus ASA's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hexagon Purus ASA ranks #153 out of 158 companies for ROC (Joel Greenblatt) %. This places Hexagon Purus ASA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.90. 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 Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.90, based on 158 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 Hexagon Purus ASA and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon Purus ASA's current ROC (Joel Greenblatt) % is -41.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Purus ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Purus ASA (STU:0QJ0) is currently considered Possible Value Trap. The stock's GF Value™ is €1.68, compared to a current price of €0.85 — trading 49.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is -41.35%. Hexagon Purus ASA's overall GF Score™ is 47/100 with 5 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 Hexagon Purus ASA (STU:0QJ0), the current ROC (Joel Greenblatt) % is -41.35% 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 Hexagon Purus ASA (STU:0QJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Purus ASA stock appears to be undervalued. The current stock price of €0.85 is trading 49.6% below its estimated GF Value™ of €1.68. GuruFocus considers Hexagon Purus ASA to be Possible Value Trap.

Key valuation signals for STU:0QJ0:

  • ROC (Joel Greenblatt) %: -41.35%
  • GF Value™: €1.68 vs. price of €0.85 (49.6% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the STU:0QJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon Purus ASA Business Description

Address Haakon VII gate 2, Oslo, NOR, 0161
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. It has divided its operations into two segments, Hydrogen Mobility and Infrastructure (HMI) and Battery Systems and Vehicle Integration (BVI). The company has a geographic presence in Norway, Europe, North America, and Others. Majority of revenue is from Hydrogen Mobility and Infrastructure (HMI). Geographically, it operates in Norway, Europe, excluding Norway, North America, Asia, and Others. It derives maximum revenue from Europe, excluding Norway.
47GF Score

Get the complete analysis for STU:0QJ0

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

€0.85
Price
€1.68
GF Value