Munters Group AB (STU:1MS) ROC (Joel Greenblatt) %: 40.77% (As of Jun. 2026) — 42% Below Median

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STU:1MS Munters Group AB STU:1MS
90 GF Score
Price €16.36
GF Value €15.83
Valuation Fairly Valued
! 5 Warning Signs
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What is Munters Group AB ROC (Joel Greenblatt) %?

Munters Group AB STU:1MS +8.92% 90 ROC (Joel Greenblatt) % is 40.77% as of Jun. 2026, which is 42% below its 10-year median of 70.57. GuruFocus rates STU:1MS with a GF Score™ of 90/100 and a GF Value™ of €15.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,060 Industrial Products companies, Munters Group AB ranks better than 80.69% 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. Munters Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 40.77%.

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

STU:1MS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 32.47   Med: 70.57   Max: 115.88
Current: 32.47

During the past 12 years, Munters Group AB's highest ROC (Joel Greenblatt) % was 115.88%. The lowest was 32.47%. And the median was 70.57%.

STU:1MS's ROC (Joel Greenblatt) % is ranked better than
80.69% of 3060 companies
in the Industrial Products industry
Industry Median: 11.73 vs STU:1MS: 32.47

Munters Group AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.00% per year.


Munters Group AB  (STU:1MS) 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.


Munters Group AB ROC (Joel Greenblatt) % Related Terms


Munters Group AB ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Munters Group AB'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.

Munters Group AB ROC (Joel Greenblatt) % Chart

Munters Group AB 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 78.69 66.02 93.22 76.10 39.88

Munters Group AB 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 42.40 45.36 12.12 31.11 40.77

STU:1MS vs VLTO, ZWS, CECO: ROC (Joel Greenblatt) % Comparison

For the Pollution & Treatment Controls subindustry, Munters Group AB'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.


Munters Group AB ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's ROC (Joel Greenblatt) % distribution charts can be found below:

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


STU:1MS
90GF Score
Munters Group AB STU:1MS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munters Group AB 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)
=(198.026 + 190.042 + 15.503) - (155.97 + 0 + 388.253)
=-140.652

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(210.444 + 277.125 + 17.424) - (195.484 + 0 + 498.059)
=-188.55

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Munters Group AB 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 )
=138.652/( ( (335.242 + max(-140.652, 0)) + (344.992 + max(-188.55, 0)) )/ 2 )
=138.652/( ( 335.242 + 344.992 )/ 2 )
=138.652/340.117
=40.77 %

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 40.77% mean?
Munters Group AB (STU:1MS) has a ROC (Joel Greenblatt) % of 40.77% 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 Munters Group AB and its competitors. This is 42% below median its historical median of 70.57. Over the past decade, Munters Group AB's ROC (Joel Greenblatt) % has ranged from 32.47 to 115.88. According to the industry distribution chart, Munters Group AB ranks #591 out of 3060 companies in the Industrial Products industry, placing it in the top 19.3%.
Is Munters Group AB's ROC (Joel Greenblatt) % too high?
Munters Group AB's current ROC (Joel Greenblatt) % of 40.77% is 42% below median its 10-year median of 70.57. Over the past 10 years, this metric has ranged from a low of 32.47 to a high of 115.88. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Munters Group AB's value of 40.77% is 247.6% above this industry median. Based on the distribution chart, Munters Group AB ranks #591 out of 3060 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Munters Group AB has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munters Group AB's ROC (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Munters Group AB ranks #591 out of 3060 companies for ROC (Joel Greenblatt) %. This places Munters Group AB in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.73. Munters Group AB's value of 40.77% is 247.6% above this benchmark. Historically, Munters Group AB's own ROC (Joel Greenblatt) % has ranged from 32.47 to 115.88 over the past decade. While the company's 10-year median is 70.57 vs. the industry median of 11.73, Munters Group AB 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 11.73, based on 3,060 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. Munters Group AB's current ROC (Joel Greenblatt) % of 40.77% is 247.6% 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 Munters Group AB and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munters Group AB's current ROC (Joel Greenblatt) % is 40.77%, which is 42% below median its own 10-year median of 70.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munters Group AB stock overvalued right now?
Based on GuruFocus' analysis, Munters Group AB (STU:1MS) is currently considered Fairly Valued. The stock's GF Value™ is €15.83, compared to a current price of €16.36 — trading 3.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 40.77%, which is 42% below median its 10-year median of 70.57 and 247.6% above the Industrial Products industry median of 11.73. Munters Group AB's overall GF Score™ is 90/100 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 Munters Group AB (STU:1MS), the current ROC (Joel Greenblatt) % is 40.77% 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 Munters Group AB (STU:1MS) Overvalued in 2026?

Based on GuruFocus' analysis, Munters Group AB stock appears to be overvalued. The current stock price of €16.36 is trading 3.3% above its estimated GF Value™ of €15.83. GuruFocus considers Munters Group AB to be Fairly Valued.

Key valuation signals for STU:1MS:

  • ROC (Joel Greenblatt) %: 40.77% (42% below median its 10-year median of 70.57)
  • GF Value™: €15.83 vs. price of €16.36 (3.3% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 247.6% above the Industrial Products median (#591 of 3060)

No single metric tells the full story. See the STU:1MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munters Group AB Business Description

Address Borgarfjordsgatan 16, Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments, which are: AirTech, Data Center Technologies, and FoodTech. The majority of the revenue is generated from its AirTech segment, which manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from the United States and the rest from China, Germany, the United Kingdom, Canada, Sweden, Australia, France, Denmark, Poland, Mexico, and other markets.
90GF Score

Get the complete analysis for STU:1MS

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

€16.36
Price
€15.83
GF Value