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Advanced Medical EquipmentWAR:AME +1.00%16 ROC (Joel Greenblatt) % is 66.67% as of Mar. 2026, which is 54% below its 10-year median of 144.00. GuruFocus rates WAR:AME with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 838 Medical Devices & Instruments companies, Advanced Medical Equipment ranks better than 84.84% 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. Advanced Medical Equipment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 66.67%.
The historical rank and industry rank for Advanced Medical Equipment's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:AME'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 39.34 Med: 144 Max: 275
Current: 39.34
During the past 3 years, Advanced Medical Equipment's highest ROC (Joel Greenblatt) % was 275.00%. The lowest was 39.34%. And the median was 144.00%.
WAR:AME's ROC (Joel Greenblatt) % is ranked better than 84.84% of 838
companies
in the Medical Devices & Instruments industry
Industry Median: 4.145
vs WAR:AME: 39.34
Advanced Medical Equipment (WAR:AME) 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.
Advanced Medical Equipment ROC (Joel Greenblatt) % Chart
WAR:AME vs ABT, SYK, MDT: ROC (Joel Greenblatt) % Comparison
For the Medical Devices subindustry, Advanced Medical Equipment'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.
Advanced Medical Equipment ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Advanced Medical Equipment's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Advanced Medical Equipment's ROC (Joel Greenblatt) % falls into.
Advanced Medical Equipment 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 66.67% mean?
Advanced Medical Equipment (WAR:AME) has a ROC (Joel Greenblatt) % of 66.67% 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 Advanced Medical Equipment and its competitors. This is 54% below median its historical median of 144.00. Over the past decade, Advanced Medical Equipment's ROC (Joel Greenblatt) % has ranged from 39.34 to 275.00. According to the industry distribution chart, Advanced Medical Equipment ranks #127 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 15.2%.
Is Advanced Medical Equipment's ROC (Joel Greenblatt) % too high?
Advanced Medical Equipment's current ROC (Joel Greenblatt) % of 66.67% is 54% below median its 10-year median of 144.00. Over the past 10 years, this metric has ranged from a low of 39.34 to a high of 275.00. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.15. Advanced Medical Equipment's value of 66.67% is 1508.4% above this industry median. Based on the distribution chart, Advanced Medical Equipment ranks #127 out of 838 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Advanced Medical Equipment has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Advanced Medical Equipment's ROC (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Advanced Medical Equipment ranks #127 out of 838 companies for ROC (Joel Greenblatt) %. This places Advanced Medical Equipment in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.15. Advanced Medical Equipment's value of 66.67% is 1508.4% above this benchmark. Historically, Advanced Medical Equipment's own ROC (Joel Greenblatt) % has ranged from 39.34 to 275.00 over the past decade. While the company's 10-year median is 144.00 vs. the industry median of 4.15, Advanced Medical Equipment 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.15, based on 838 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. Advanced Medical Equipment's current ROC (Joel Greenblatt) % of 66.67% is 1508.4% 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 Advanced Medical Equipment and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Medical Equipment's current ROC (Joel Greenblatt) % is 66.67%, which is 54% below median its own 10-year median of 144.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Medical Equipment stock overvalued right now?
Advanced Medical Equipment (WAR:AME) has a current ROC (Joel Greenblatt) % of 66.67%. The current ROC (Joel Greenblatt) % is 66.67%, which is 54% below median its 10-year median of 144.00 and 1508.4% above the Medical Devices & Instruments industry median of 4.15. Advanced Medical Equipment's overall GF Score™ is 16/100 with 2 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 Advanced Medical Equipment (WAR:AME), the current ROC (Joel Greenblatt) % is 66.67% 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.
Advanced Medical Equipment SA operates in the vitro diagnostic medical device industry. It specializes in creating advanced diagnostic solutions that aim to improve the quality of life of patients around the world. It is a company that combines advanced engineering with medical science. The company develops technologies that transform traditional diagnostic methods into modern, precise tools.
16GF Score
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