Arteche Lantegi ElekarteaXMAD:ART +4.01%74 ROC (Joel Greenblatt) % is 121.78% as of Jun. 2025, which is 177% above its 10-year median of 43.89. GuruFocus rates XMAD:ART with a GF Score™ of 74/100 and a GF Value™ of €6.65 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,493 Hardware companies, Arteche Lantegi Elekartea ranks better than 95.15% 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. Arteche Lantegi Elekartea's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 121.78%.
The historical rank and industry rank for Arteche Lantegi Elekartea's ROC (Joel Greenblatt) % or its related term are showing as below:
XMAD:ART'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.96 Med: 43.89 Max: 114.61
Current: 114.61
During the past 6 years, Arteche Lantegi Elekartea's highest ROC (Joel Greenblatt) % was 114.61%. The lowest was 28.96%. And the median was 43.89%.
XMAD:ART's ROC (Joel Greenblatt) % is ranked better than 95.15% of 2493
companies
in the Hardware industry
Industry Median: 10.35
vs XMAD:ART: 114.61
Arteche Lantegi Elekartea's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.30% 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.
Arteche Lantegi Elekartea ROC (Joel Greenblatt) % Related Terms
Arteche Lantegi Elekartea ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Arteche Lantegi Elekartea'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.
XMAD:ART vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.
Arteche Lantegi Elekartea ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Arteche Lantegi Elekartea'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 two times the semi-annual (Jun. 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 121.78% mean?
Arteche Lantegi Elekartea (XMAD:ART) has a ROC (Joel Greenblatt) % of 121.78% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Arteche Lantegi Elekartea and its competitors. This is 177% above median its historical median of 43.89. Over the past decade, Arteche Lantegi Elekartea's ROC (Joel Greenblatt) % has ranged from 28.96 to 114.61. According to the industry distribution chart, Arteche Lantegi Elekartea ranks #121 out of 2493 companies in the Hardware industry, placing it in the top 4.9%.
Is Arteche Lantegi Elekartea's ROC (Joel Greenblatt) % too high?
Arteche Lantegi Elekartea's current ROC (Joel Greenblatt) % of 121.78% is 177% above median its 10-year median of 43.89. Over the past 10 years, this metric has ranged from a low of 28.96 to a high of 114.61. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Arteche Lantegi Elekartea's value of 121.78% is 1076.6% above this industry median. Based on the distribution chart, Arteche Lantegi Elekartea ranks #121 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Arteche Lantegi Elekartea has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arteche Lantegi Elekartea's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Arteche Lantegi Elekartea ranks #121 out of 2493 companies for ROC (Joel Greenblatt) %. This places Arteche Lantegi Elekartea in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.35. Arteche Lantegi Elekartea's value of 121.78% is 1076.6% above this benchmark. Historically, Arteche Lantegi Elekartea's own ROC (Joel Greenblatt) % has ranged from 28.96 to 114.61 over the past decade. While the company's 10-year median is 43.89 vs. the industry median of 10.35, Arteche Lantegi Elekartea 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,493 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. Arteche Lantegi Elekartea's current ROC (Joel Greenblatt) % of 121.78% is 1076.6% 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 Arteche Lantegi Elekartea and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arteche Lantegi Elekartea's current ROC (Joel Greenblatt) % is 121.78%, which is 177% above median its own 10-year median of 43.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arteche Lantegi Elekartea stock overvalued right now?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea (XMAD:ART) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.65, compared to a current price of €33.70 — trading 406.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 121.78%, which is 177% above median its 10-year median of 43.89 and 1076.6% above the Hardware industry median of 10.35. Arteche Lantegi Elekartea's overall GF Score™ is 74/100 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 Arteche Lantegi Elekartea (XMAD:ART), the current ROC (Joel Greenblatt) % is 121.78% as of Jun. 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 Arteche Lantegi Elekartea (XMAD:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea stock appears to be overvalued.
The current stock price of €33.70 is trading 406.8% above its estimated GF Value™ of €6.65.
GuruFocus considers Arteche Lantegi Elekartea to be Significantly Overvalued.
Key valuation signals for XMAD:ART:
ROC (Joel Greenblatt) %: 121.78% (177% above median its 10-year median of 43.89)
GF Value™: €6.65 vs. price of €33.70 (406.8% above fair value)
Industry Position: 1076.6% above the Hardware median (#121 of 2493)
No single metric tells the full story. See the XMAD:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arteche Lantegi Elekartea SA is a company specializing in electrical equipment and solutions for power generation, transmission, and distribution. It designs and manufactures products such as instrument transformers, relays, and protection systems. The group operates in over 175 countries world-wide. It focuses on innovation, reliability, and supporting the transition to more efficient and sustainable energy systems.
74GF Score
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