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Elhim Iskra ADXBUL:ELHM 26 ROC (Joel Greenblatt) % is -9.45% as of Mar. 2026. GuruFocus rates XBUL:ELHM with a GF Score™ of 26/100 and a GF Value™ of €0.65 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 3,068 Industrial Products companies, Elhim Iskra AD ranks worse than 81.13% 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. Elhim Iskra AD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.45%.
The historical rank and industry rank for Elhim Iskra AD's ROC (Joel Greenblatt) % or its related term are showing as below:
XBUL:ELHM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.78 Med: 1.36 Max: 4.36
Current: -4.47
During the past 13 years, Elhim Iskra AD's highest ROC (Joel Greenblatt) % was 4.36%. The lowest was -10.78%. And the median was 1.36%.
XBUL:ELHM's ROC (Joel Greenblatt) % is ranked worse than 81.13% of 3068
companies
in the Industrial Products industry
Industry Median: 12.06
vs XBUL:ELHM: -4.47
Elhim Iskra AD's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Elhim Iskra AD (XBUL:ELHM) 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.
Elhim Iskra AD ROC (Joel Greenblatt) % Related Terms
Elhim Iskra AD ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Elhim Iskra 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:ELHM vs VRT, BE, HUBB: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Elhim Iskra 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.
Elhim Iskra AD ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elhim Iskra AD's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Elhim Iskra AD's ROC (Joel Greenblatt) % falls into.
Elhim Iskra AD 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:
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 -9.45% mean?
Elhim Iskra AD (XBUL:ELHM) has a ROC (Joel Greenblatt) % of -9.45% 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 Elhim Iskra AD and its competitors. According to the industry distribution chart, Elhim Iskra AD ranks #2489 out of 3068 companies in the Industrial Products industry, placing it in the top 81.1%.
Is Elhim Iskra AD's ROC (Joel Greenblatt) % too high?
Elhim Iskra AD's current ROC (Joel Greenblatt) % is -9.45%. Based on the distribution chart, Elhim Iskra AD ranks #2489 out of 3068 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Elhim Iskra AD has a GF Score™ of 26/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elhim Iskra AD's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Elhim Iskra AD ranks #2489 out of 3068 companies for ROC (Joel Greenblatt) %. This places Elhim Iskra AD in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.06. 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 12.06, based on 3,068 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 Elhim Iskra AD and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elhim Iskra AD's current ROC (Joel Greenblatt) % is -9.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elhim Iskra AD stock overvalued right now?
Based on GuruFocus' analysis, Elhim Iskra AD (XBUL:ELHM) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.65, compared to a current price of €0.19 — trading 71.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is -9.45%. Elhim Iskra AD's overall GF Score™ is 26/100 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 Elhim Iskra AD (XBUL:ELHM), the current ROC (Joel Greenblatt) % is -9.45% 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 Elhim Iskra AD (XBUL:ELHM) Overvalued in 2026?
Based on GuruFocus' analysis, Elhim Iskra AD stock appears to be undervalued.
The current stock price of €0.19 is trading 71.1% below its estimated GF Value™ of €0.65.
GuruFocus considers Elhim Iskra AD to be Significantly Undervalued.
Key valuation signals for XBUL:ELHM:
ROC (Joel Greenblatt) %: -9.45%
GF Value™: €0.65 vs. price of €0.19 (71.1% below fair value)
No single metric tells the full story. See the XBUL:ELHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elhim Iskra AD manufactures lead-acid starter and traction batteries. The batteries are used in the equipment of motor vehicles, agricultural machinery, warehousing equipment, road construction machinery, under-floating equipment, railway transport, electric cars and golf carts, photovoltaic and wind power plants, among others.
26GF 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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