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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. Winland Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 50.22%.
The historical rank and industry rank for Winland Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
WELX's ROC (Joel Greenblatt) % is not ranked *
in the Hardware industry.
Industry Median: 10.445 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
Winland Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Winland Holdings ROC (Joel Greenblatt) % Related Terms
Winland Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Winland Holdings'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.
WELX vs TRCK, IMLE, EMRN: ROC (Joel Greenblatt) % Comparison
For the Scientific & Technical Instruments subindustry, Winland Holdings'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.
Winland Holdings ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Winland Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Winland Holdings'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 (Jun. 2017) 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 50.22% mean?
Winland Holdings (WELX) has a ROC (Joel Greenblatt) % of 50.22% as of Jun. 2017. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Winland Holdings and its competitors.
Is Winland Holdings' ROC (Joel Greenblatt) % too high?
Winland Holdings' current ROC (Joel Greenblatt) % is 50.22%. The Hardware industry median ROC (Joel Greenblatt) % is 10.45. Winland Holdings' value of 50.22% is 380.8% above this industry median.
How does Winland Holdings' ROC (Joel Greenblatt) % compare to TRCK and IMLE?
Winland Holdings' ROC (Joel Greenblatt) % of 50.22% can be compared against companies in the Hardware industry. The industry median ROC (Joel Greenblatt) % is 10.45. Winland Holdings' value of 50.22% is 380.8% above this benchmark. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.45, based on 2,492 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. Winland Holdings's current ROC (Joel Greenblatt) % of 50.22% is 380.8% 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 Winland Holdings and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winland Holdings's current ROC (Joel Greenblatt) % is 50.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winland Holdings stock overvalued right now?
Winland Holdings (WELX) has a current ROC (Joel Greenblatt) % of 50.22%. The current ROC (Joel Greenblatt) % is 50.22% and 380.8% above the Hardware industry median of 10.45. 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 Winland Holdings (WELX), the current ROC (Joel Greenblatt) % is 50.22% as of Jun. 2017. 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.
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.
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