VDEVF (Van de Velde NV) ROC (Joel Greenblatt) %: 36.59% (As of Dec. 2025) — 30% Below Median


VDEVF Van de Velde NV VDEVF
82 GF Score
Price $35.66
GF Value $38.16
! 3 Warning Signs
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What is Van de Velde NV ROC (Joel Greenblatt) %?

Van de Velde NV VDEVF 82 ROC (Joel Greenblatt) % is 36.59% as of Dec. 2025, which is 30% below its 10-year median of 52.27. GuruFocus rates VDEVF with a GF Score™ of 82/100 and a GF Value™ of $38.16. The stock has 3 warning signs investors should review. Among 1,060 Manufacturing - Apparel & Accessories companies, Van de Velde NV ranks better than 92.26% 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. Van de Velde NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 36.59%.

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

VDEVF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.07   Med: 52.27   Max: 75.81
Current: 45.93

During the past 13 years, Van de Velde NV's highest ROC (Joel Greenblatt) % was 75.81%. The lowest was 22.07%. And the median was 52.27%.

VDEVF's ROC (Joel Greenblatt) % is ranked better than
92.26% of 1060 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.44 vs VDEVF: 45.93

Van de Velde NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.20% per year.


Van de Velde NV  (OTCPK:VDEVF) 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.


Van de Velde NV ROC (Joel Greenblatt) % Related Terms


Van de Velde NV ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Van de Velde NV'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.

Van de Velde NV ROC (Joel Greenblatt) % Chart

Van de Velde NV 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 55.54 61.87 54.11 50.16 48.24

Van de Velde NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 30.15 59.53 39.24 58.45 36.59

VDEVF vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison

For the Apparel Manufacturing subindustry, Van de Velde NV'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.


Van de Velde NV ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Van de Velde NV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Van de Velde NV's ROC (Joel Greenblatt) % falls into.


VDEVF
82GF Score
Van de Velde NV VDEVF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Van de Velde NV 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 126.644) - (0 + 0 + 37.947)
=88.697

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.539 + 56.377 + 7.598) - (22.961 + 0 + 11.499)
=46.054

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Van de Velde NV for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=32.852/( ( (0 + max(88.697, 0)) + (44.81 + max(46.054, 0)) )/ 2 )
=32.852/( ( 88.697 + 90.864 )/ 2 )
=32.852/89.7805
=36.59 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 36.59% mean?
Van de Velde NV (VDEVF) has a ROC (Joel Greenblatt) % of 36.59% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Van de Velde NV and its competitors. This is 30% below median its historical median of 52.27. Over the past decade, Van de Velde NV's ROC (Joel Greenblatt) % has ranged from 22.07 to 75.81. According to the industry distribution chart, Van de Velde NV ranks #82 out of 1060 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.7%.
Is Van de Velde NV's ROC (Joel Greenblatt) % too high?
Van de Velde NV's current ROC (Joel Greenblatt) % of 36.59% is 30% below median its 10-year median of 52.27. Over the past 10 years, this metric has ranged from a low of 22.07 to a high of 75.81. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.44. Van de Velde NV's value of 36.59% is 333.5% above this industry median. Based on the distribution chart, Van de Velde NV ranks #82 out of 1060 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Van de Velde NV has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Van de Velde NV's ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Van de Velde NV ranks #82 out of 1060 companies for ROC (Joel Greenblatt) %. This places Van de Velde NV in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.44. Van de Velde NV's value of 36.59% is 333.5% above this benchmark. Historically, Van de Velde NV's own ROC (Joel Greenblatt) % has ranged from 22.07 to 75.81 over the past decade. While the company's 10-year median is 52.27 vs. the industry median of 8.44, Van de Velde NV 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.44, based on 1,060 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. Van de Velde NV's current ROC (Joel Greenblatt) % of 36.59% is 333.5% 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 Van de Velde NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Van de Velde NV's current ROC (Joel Greenblatt) % is 36.59%, which is 30% below median its own 10-year median of 52.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Van de Velde NV stock overvalued right now?
Van de Velde NV (VDEVF) has a current ROC (Joel Greenblatt) % of 36.59%. The stock's GF Value™ is $38.16, compared to a current price of $35.66 — trading 6.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 36.59%, which is 30% below median its 10-year median of 52.27 and 333.5% above the Manufacturing - Apparel & Accessories industry median of 8.44. Van de Velde NV's overall GF Score™ is 82/100 with 3 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 Van de Velde NV (VDEVF), the current ROC (Joel Greenblatt) % is 36.59% as of Dec. 2025. 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 Van de Velde NV (VDEVF) Overvalued in 2026?

Based on GuruFocus' analysis, Van de Velde NV stock appears to be undervalued. The current stock price of $35.66 is trading 6.6% below its estimated GF Value™ of $38.16.

Key valuation signals for VDEVF:

  • ROC (Joel Greenblatt) %: 36.59% (30% below median its 10-year median of 52.27)
  • GF Value™: $38.16 vs. price of $35.66 (6.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 333.5% above the Manufacturing - Apparel & Accessories median (#82 of 1060)

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


Van de Velde NV Business Description

Address Lageweg 4, Schellebelle, BEL, 9260
Van de Velde NV designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. The company distinguishes two operational segments based on the operating model: the B2B (business to business) and the D2C (direct to consumer) distribution channel. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are through retail stores the company owns or franchises. Van de Velde sells its products globally, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai.
82GF Score

Get the complete analysis for VDEVF

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

$35.66
Price
$38.16
GF Value