PCC Exol (WAR:PCX) ROC (Joel Greenblatt) %: 11.05% (As of Mar. 2026) — 30% Below Median


WAR:PCX PCC Exol SA WAR:PCX
73 GF Score
Price zł1.90
GF Value zł2.91
Valuation Significantly Undervalued
! 7 Warning Signs
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What is PCC Exol ROC (Joel Greenblatt) %?

PCC Exol WAR:PCX -0.26% 73 ROC (Joel Greenblatt) % is 11.05% as of Mar. 2026, which is 30% below its 10-year median of 15.85. GuruFocus rates WAR:PCX with a GF Score™ of 73/100 and a GF Value™ of zł2.91 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,602 Chemicals companies, PCC Exol ranks better than 60.11% 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. PCC Exol's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.05%.

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

WAR:PCX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.72   Med: 15.85   Max: 45.03
Current: 12.72

During the past 13 years, PCC Exol's highest ROC (Joel Greenblatt) % was 45.03%. The lowest was 12.72%. And the median was 15.85%.

WAR:PCX's ROC (Joel Greenblatt) % is ranked better than
60.11% of 1602 companies
in the Chemicals industry
Industry Median: 9.385 vs WAR:PCX: 12.72

PCC Exol's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.90% per year.


PCC Exol  (WAR:PCX) 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.


PCC Exol ROC (Joel Greenblatt) % Related Terms


PCC Exol ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PCC Exol'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.

PCC Exol ROC (Joel Greenblatt) % Chart

PCC Exol 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 26.86 45.03 16.91 14.02 14.58

PCC Exol Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.27 14.10 14.79 10.75 11.05

WAR:PCX vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, PCC Exol'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.


PCC Exol ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCC Exol's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PCC Exol's ROC (Joel Greenblatt) % falls into.


WAR:PCX
73GF Score
PCC Exol SA WAR:PCX
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCC Exol 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.64 + 132.127 + 2.9930000000001) - (136.828 + 0 + 21.711)
=111.221

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(176.288 + 111.804 + 6.455) - (166.738 + 0 + 23.056)
=104.753

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PCC Exol for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.092/( ( (337.385 + max(111.221, 0)) + (335.243 + max(104.753, 0)) )/ 2 )
=49.092/( ( 448.606 + 439.996 )/ 2 )
=49.092/444.301
=11.05 %

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 11.05% mean?
PCC Exol (WAR:PCX) has a ROC (Joel Greenblatt) % of 11.05% 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 PCC Exol and its competitors. This is 30% below median its historical median of 15.85. Over the past decade, PCC Exol's ROC (Joel Greenblatt) % has ranged from 12.72 to 45.03. According to the industry distribution chart, PCC Exol ranks #639 out of 1602 companies in the Chemicals industry, placing it in the top 39.9%.
Is PCC Exol's ROC (Joel Greenblatt) % too high?
PCC Exol's current ROC (Joel Greenblatt) % of 11.05% is 30% below median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 12.72 to a high of 45.03. The Chemicals industry median ROC (Joel Greenblatt) % is 9.39. PCC Exol's value of 11.05% is 17.7% above this industry median. Based on the distribution chart, PCC Exol ranks #639 out of 1602 companies in the Chemicals industry, which is above the industry midpoint. Overall, PCC Exol has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PCC Exol's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, PCC Exol ranks #639 out of 1602 companies for ROC (Joel Greenblatt) %. This puts PCC Exol in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.39. PCC Exol's value of 11.05% is 17.7% above this benchmark. Historically, PCC Exol's own ROC (Joel Greenblatt) % has ranged from 12.72 to 45.03 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 9.39, PCC Exol 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.39, based on 1,602 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. PCC Exol's current ROC (Joel Greenblatt) % of 11.05% is 17.7% 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 PCC Exol and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCC Exol's current ROC (Joel Greenblatt) % is 11.05%, which is 30% below median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCC Exol stock overvalued right now?
Based on GuruFocus' analysis, PCC Exol (WAR:PCX) is currently considered Significantly Undervalued. The stock's GF Value™ is zł2.91, compared to a current price of zł1.90 — trading 34.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.05%, which is 30% below median its 10-year median of 15.85 and 17.7% above the Chemicals industry median of 9.39. PCC Exol's overall GF Score™ is 73/100 with 7 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 PCC Exol (WAR:PCX), the current ROC (Joel Greenblatt) % is 11.05% 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 PCC Exol (WAR:PCX) Overvalued in 2026?

Based on GuruFocus' analysis, PCC Exol stock appears to be undervalued. The current stock price of zł1.90 is trading 34.7% below its estimated GF Value™ of zł2.91. GuruFocus considers PCC Exol to be Significantly Undervalued.

Key valuation signals for WAR:PCX:

  • ROC (Joel Greenblatt) %: 11.05% (30% below median its 10-year median of 15.85)
  • GF Value™: zł2.91 vs. price of zł1.90 (34.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 17.7% above the Chemicals median (#639 of 1602)

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


PCC Exol Business Description

Address Ulica Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Exol SA is engaged in the production and distribution of chemical products. The company operates internationally in three divisions: Chemicals, Energy and Logistics.
73GF Score

Get the complete analysis for WAR:PCX

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

zł1.90
Price
zł2.91
GF Value