United States Lime & MineralsUSLM +1.90%93 ROC (Joel Greenblatt) % is 48.13% as of Mar. 2026, which is 121% above its 10-year median of 21.76. GuruFocus rates USLM with a GF Score™ of 93/100 and a GF Value™ of $113.87 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 408 Building Materials companies, United States Lime & Minerals ranks better than 94.85% 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. United States Lime & Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 48.13%.
The historical rank and industry rank for United States Lime & Minerals's ROC (Joel Greenblatt) % or its related term are showing as below:
USLM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.43 Med: 21.76 Max: 58.83
Current: 54.65
During the past 13 years, United States Lime & Minerals's highest ROC (Joel Greenblatt) % was 58.83%. The lowest was 14.43%. And the median was 21.76%.
USLM's ROC (Joel Greenblatt) % is ranked better than 94.85% of 408
companies
in the Building Materials industry
Industry Median: 8.565
vs USLM: 54.65
United States Lime & Minerals (NAS:USLM) 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.
* 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.
United States Lime & Minerals ROC (Joel Greenblatt) % Chart
USLM vs TTAM, TGLS, RMIX: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, United States Lime & Minerals'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.
United States Lime & Minerals ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where United States Lime & Minerals's ROC (Joel Greenblatt) % falls into.
United States Lime & Minerals 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:
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 48.13% mean?
United States Lime & Minerals (USLM) has a ROC (Joel Greenblatt) % of 48.13% 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 United States Lime & Minerals and its competitors. This is 121% above median its historical median of 21.76. Over the past decade, United States Lime & Minerals' ROC (Joel Greenblatt) % has ranged from 14.43 to 58.83. According to the industry distribution chart, United States Lime & Minerals ranks #21 out of 408 companies in the Building Materials industry, placing it in the top 5.1%.
Is United States Lime & Minerals' ROC (Joel Greenblatt) % too high?
United States Lime & Minerals' current ROC (Joel Greenblatt) % of 48.13% is 121% above median its 10-year median of 21.76. Over the past 10 years, this metric has ranged from a low of 14.43 to a high of 58.83. The Building Materials industry median ROC (Joel Greenblatt) % is 8.57. United States Lime & Minerals' value of 48.13% is 461.9% above this industry median. Based on the distribution chart, United States Lime & Minerals ranks #21 out of 408 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, United States Lime & Minerals has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United States Lime & Minerals' ROC (Joel Greenblatt) % compare to TTAM and TGLS?
According to the Building Materials industry distribution chart, United States Lime & Minerals ranks #21 out of 408 companies for ROC (Joel Greenblatt) %. This places United States Lime & Minerals in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.57. United States Lime & Minerals' value of 48.13% is 461.9% above this benchmark. Historically, United States Lime & Minerals' own ROC (Joel Greenblatt) % has ranged from 14.43 to 58.83 over the past decade. While the company's 10-year median is 21.76 vs. the industry median of 8.57, United States Lime & Minerals 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 a Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.57, based on 408 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. United States Lime & Minerals's current ROC (Joel Greenblatt) % of 48.13% is 461.9% 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 United States Lime & Minerals and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United States Lime & Minerals's current ROC (Joel Greenblatt) % is 48.13%, which is 121% above median its own 10-year median of 21.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Lime & Minerals stock overvalued right now?
Based on GuruFocus' analysis, United States Lime & Minerals (USLM) is currently considered Modestly Undervalued. The stock's GF Value™ is $113.87, compared to a current price of $101.07 — trading 11.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 48.13%, which is 121% above median its 10-year median of 21.76 and 461.9% above the Building Materials industry median of 8.57. United States Lime & Minerals' overall GF Score™ is 93/100 with 1 warning sign 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 United States Lime & Minerals (USLM), the current ROC (Joel Greenblatt) % is 48.13% 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 United States Lime & Minerals (USLM) Overvalued in 2026?
Based on GuruFocus' analysis, United States Lime & Minerals stock appears to be undervalued.
The current stock price of $101.07 is trading 11.2% below its estimated GF Value™ of $113.87.
GuruFocus considers United States Lime & Minerals to be Modestly Undervalued.
Key valuation signals for USLM:
ROC (Joel Greenblatt) %: 48.13% (121% above median its 10-year median of 21.76)
GF Value™: $113.87 vs. price of $101.07 (11.2% below fair value)
Industry Position: 461.9% above the Building Materials median (#21 of 408)
No single metric tells the full story. See the USLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United States Lime & Minerals Business Description
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime and lime slurry. The company supplies its products predominantly to the construction including highway, road, and building contractors, industrial including paper and glass manufacturers, environmental including municipal sanitation and water treatment facilities and flue gas treatment processes, metals including steel producers, oil and gas services, roof shingle manufacturers and agriculture including poultry industries. The company operates through its Lime and Limestone Operations segment.
93GF Score
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