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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. Automatyka Pomiary Sterowanie's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -49.51%.
The historical rank and industry rank for Automatyka Pomiary Sterowanie's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:APS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.28 Med: 34.73 Max: 93.24
Current: 62.18
During the past 13 years, Automatyka Pomiary Sterowanie's highest ROC (Joel Greenblatt) % was 93.24%. The lowest was 1.28%. And the median was 34.73%.
WAR:APS's ROC (Joel Greenblatt) % is ranked better than 91.97% of 3063
companies
in the Industrial Products industry
Industry Median: 11.71
vs WAR:APS: 62.18
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.
WAR:APS vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Automatyka Pomiary Sterowanie'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.
Automatyka Pomiary Sterowanie ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Automatyka Pomiary Sterowanie's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Automatyka Pomiary Sterowanie's ROC (Joel Greenblatt) % falls into.
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 -49.51% mean?
Automatyka Pomiary Sterowanie (WAR:APS) has a ROC (Joel Greenblatt) % of -49.51% 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 Automatyka Pomiary Sterowanie and its competitors. Over the past decade, Automatyka Pomiary Sterowanie's ROC (Joel Greenblatt) % has ranged from 1.28 to 93.24. According to the industry distribution chart, Automatyka Pomiary Sterowanie ranks #246 out of 3063 companies in the Industrial Products industry, placing it in the top 8%.
Is Automatyka Pomiary Sterowanie's ROC (Joel Greenblatt) % too high?
Automatyka Pomiary Sterowanie's current ROC (Joel Greenblatt) % is -49.51%. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 93.24. Based on the distribution chart, Automatyka Pomiary Sterowanie ranks #246 out of 3063 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Automatyka Pomiary Sterowanie has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Automatyka Pomiary Sterowanie's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Automatyka Pomiary Sterowanie ranks #246 out of 3063 companies for ROC (Joel Greenblatt) %. This places Automatyka Pomiary Sterowanie in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.71. Historically, Automatyka Pomiary Sterowanie's own ROC (Joel Greenblatt) % has ranged from 1.28 to 93.24 over the past decade. 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 11.71, based on 3,063 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 Automatyka Pomiary Sterowanie and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automatyka Pomiary Sterowanie's current ROC (Joel Greenblatt) % is -49.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automatyka Pomiary Sterowanie stock overvalued right now?
Based on GuruFocus' analysis, Automatyka Pomiary Sterowanie (WAR:APS) is currently considered Significantly Overvalued. The stock's GF Value™ is zł4.18, compared to a current price of zł6.15 — trading 47.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is -49.51%. Automatyka Pomiary Sterowanie's overall GF Score™ is 65/100 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 Automatyka Pomiary Sterowanie (WAR:APS), the current ROC (Joel Greenblatt) % is -49.51% 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 Automatyka Pomiary Sterowanie (WAR:APS) Overvalued in 2026?
Based on GuruFocus' analysis, Automatyka Pomiary Sterowanie stock appears to be overvalued.
The current stock price of zł6.15 is trading 47.1% above its estimated GF Value™ of zł4.18.
GuruFocus considers Automatyka Pomiary Sterowanie to be Significantly Overvalued.
Key valuation signals for WAR:APS:
ROC (Joel Greenblatt) %: -49.51%
GF Value™: zł4.18 vs. price of zł6.15 (47.1% above fair value)
No single metric tells the full story. See the WAR:APS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Automatyka Pomiary Sterowanie Business Description
Automatyka Pomiary Sterowanie SA is specialized in the provision of industrial automation and power engineering solutions. The company produces and distributes switchgears and control cabinets for industry and construction. It provides design tools, programming and technological solutions.
65GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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