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Alcomet ADXBUL:ALCM 45 ROC (Joel Greenblatt) % is -0.85% as of Dec. 2025. GuruFocus rates XBUL:ALCM with a GF Score™ of 45/100 and a GF Value™ of €6.45 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,504 Metals & Mining companies, Alcomet AD ranks better than 73.76% 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. Alcomet AD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.85%.
The historical rank and industry rank for Alcomet AD's ROC (Joel Greenblatt) % or its related term are showing as below:
XBUL:ALCM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.85 Med: 1.83 Max: 15.17
Current: -0.85
During the past 13 years, Alcomet AD's highest ROC (Joel Greenblatt) % was 15.17%. The lowest was -0.85%. And the median was 1.83%.
XBUL:ALCM's ROC (Joel Greenblatt) % is ranked better than 73.76% of 2504
companies
in the Metals & Mining industry
Industry Median: -22.14
vs XBUL:ALCM: -0.85
Alcomet AD's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Alcomet AD (XBUL:ALCM) 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.
Alcomet AD ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Alcomet AD'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.
XBUL:ALCM vs AA, CENX, CSTM: ROC (Joel Greenblatt) % Comparison
For the Aluminum subindustry, Alcomet AD'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.
Alcomet AD ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcomet AD's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alcomet AD'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 one times the annual (Dec. 2025) 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 -0.85% mean?
Alcomet AD (XBUL:ALCM) has a ROC (Joel Greenblatt) % of -0.85% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alcomet AD and its competitors. According to the industry distribution chart, Alcomet AD ranks #657 out of 2504 companies in the Metals & Mining industry, placing it in the top 26.2%.
Is Alcomet AD's ROC (Joel Greenblatt) % too high?
Alcomet AD's current ROC (Joel Greenblatt) % is -0.85%. Based on the distribution chart, Alcomet AD ranks #657 out of 2504 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Alcomet AD has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alcomet AD's ROC (Joel Greenblatt) % compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Alcomet AD ranks #657 out of 2504 companies for ROC (Joel Greenblatt) %. This puts Alcomet AD in the upper half of its industry. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. 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 Alcomet AD and its competitors. Alcomet AD's current ROC (Joel Greenblatt) % is -0.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcomet AD stock overvalued right now?
Based on GuruFocus' analysis, Alcomet AD (XBUL:ALCM) is currently considered Possible Value Trap. The stock's GF Value™ is €6.45, compared to a current price of €3.00 — trading 53.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -0.85%. Alcomet AD's overall GF Score™ is 45/100 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 Alcomet AD (XBUL:ALCM), the current ROC (Joel Greenblatt) % is -0.85% as of Dec. 2025. 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 Alcomet AD (XBUL:ALCM) Overvalued in 2026?
Based on GuruFocus' analysis, Alcomet AD stock appears to be undervalued.
The current stock price of €3.00 is trading 53.5% below its estimated GF Value™ of €6.45.
GuruFocus considers Alcomet AD to be Possible Value Trap.
Key valuation signals for XBUL:ALCM:
ROC (Joel Greenblatt) %: -0.85%
GF Value™: €6.45 vs. price of €3.00 (53.5% below fair value)
No single metric tells the full story. See the XBUL:ALCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.
45GF Score
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