WHTAF (WashTec AG) ROC (Joel Greenblatt) %: 18.67% (As of Mar. 2026) — 67% Below Median


WHTAF WashTec AG WHTAF
82 GF Score
Price $57.30
GF Value $60.64
! 1 Warning Sign
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What is WashTec AG ROC (Joel Greenblatt) %?

WashTec AG WHTAF 82 ROC (Joel Greenblatt) % is 18.67% as of Mar. 2026, which is 67% below its 10-year median of 57.37. GuruFocus rates WHTAF with a GF Score™ of 82/100 and a GF Value™ of $60.64. The stock has 1 warning sign investors should review. Among 3,055 Industrial Products companies, WashTec AG ranks better than 91.59% 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. WashTec AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.67%.

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

WHTAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.07   Med: 57.37   Max: 91.68
Current: 60.9

During the past 13 years, WashTec AG's highest ROC (Joel Greenblatt) % was 91.68%. The lowest was 24.07%. And the median was 57.37%.

WHTAF's ROC (Joel Greenblatt) % is ranked better than
91.59% of 3055 companies
in the Industrial Products industry
Industry Median: 11.75 vs WHTAF: 60.90

WashTec AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.60% per year.


WashTec AG  (OTCPK:WHTAF) 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.


WashTec AG ROC (Joel Greenblatt) % Related Terms


WashTec AG ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for WashTec AG'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.

WashTec AG ROC (Joel Greenblatt) % Chart

WashTec AG 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 60.82 45.50 49.91 54.87 62.06

WashTec AG 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 26.22 71.51 75.93 80.68 18.67

WHTAF vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, WashTec AG'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.


WashTec AG ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, WashTec AG's ROC (Joel Greenblatt) % distribution charts can be found below:

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


WHTAF
82GF Score
WashTec AG WHTAF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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WashTec AG 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)
=(88.851 + 68.782 + 16.343) - (49.025 + 0 + 91.602)
=33.349

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.492 + 82.807 + 14.788) - (39.96 + 0 + 110.023)
=31.104

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of WashTec AG 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 )
=18.188/( ( (64.407 + max(33.349, 0)) + (65.985 + max(31.104, 0)) )/ 2 )
=18.188/( ( 97.756 + 97.089 )/ 2 )
=18.188/97.4225
=18.67 %

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 18.67% mean?
WashTec AG (WHTAF) has a ROC (Joel Greenblatt) % of 18.67% 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 WashTec AG and its competitors. This is 67% below median its historical median of 57.37. Over the past decade, WashTec AG's ROC (Joel Greenblatt) % has ranged from 24.07 to 91.68. According to the industry distribution chart, WashTec AG ranks #257 out of 3055 companies in the Industrial Products industry, placing it in the top 8.4%.
Is WashTec AG's ROC (Joel Greenblatt) % too high?
WashTec AG's current ROC (Joel Greenblatt) % of 18.67% is 67% below median its 10-year median of 57.37. Over the past 10 years, this metric has ranged from a low of 24.07 to a high of 91.68. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. WashTec AG's value of 18.67% is 58.9% above this industry median. Based on the distribution chart, WashTec AG ranks #257 out of 3055 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, WashTec AG has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does WashTec AG's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, WashTec AG ranks #257 out of 3055 companies for ROC (Joel Greenblatt) %. This places WashTec AG in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. WashTec AG's value of 18.67% is 58.9% above this benchmark. Historically, WashTec AG's own ROC (Joel Greenblatt) % has ranged from 24.07 to 91.68 over the past decade. While the company's 10-year median is 57.37 vs. the industry median of 11.75, WashTec AG 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.75, based on 3,055 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. WashTec AG's current ROC (Joel Greenblatt) % of 18.67% is 58.9% 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 WashTec AG and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WashTec AG's current ROC (Joel Greenblatt) % is 18.67%, which is 67% below median its own 10-year median of 57.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WashTec AG stock overvalued right now?
WashTec AG (WHTAF) has a current ROC (Joel Greenblatt) % of 18.67%. The stock's GF Value™ is $60.64, compared to a current price of $57.30 — trading 5.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.67%, which is 67% below median its 10-year median of 57.37 and 58.9% above the Industrial Products industry median of 11.75. WashTec AG's overall GF Score™ is 82/100 with 1 warning sign 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 WashTec AG (WHTAF), the current ROC (Joel Greenblatt) % is 18.67% 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.

Is WashTec AG (WHTAF) Overvalued in 2026?

Based on GuruFocus' analysis, WashTec AG stock appears to be undervalued. The current stock price of $57.30 is trading 5.5% below its estimated GF Value™ of $60.64.

Key valuation signals for WHTAF:

  • ROC (Joel Greenblatt) %: 18.67% (67% below median its 10-year median of 57.37)
  • GF Value™: $60.64 vs. price of $57.30 (5.5% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 58.9% above the Industrial Products median (#257 of 3055)

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


WashTec AG Business Description

Address Argonstrasse 7, Augsburg, DEU, 86153
WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.
82GF Score

Get the complete analysis for WHTAF

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

$57.30
Price
$60.64
GF Value