Draegerwerk AG KGaA (XSWX:DRW3) ROC (Joel Greenblatt) %: 6.66% (As of Mar. 2026) — 58% Below Median


XSWX:DRW3 Draegerwerk AG & Co KGaA XSWX:DRW3
75 GF Score
Price CHF78.20
GF Value CHF54.56
! 3 Warning Signs
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What is Draegerwerk AG KGaA ROC (Joel Greenblatt) %?

Draegerwerk AG KGaA XSWX:DRW3 75 ROC (Joel Greenblatt) % is 6.66% as of Mar. 2026, which is 58% below its 10-year median of 15.82. GuruFocus rates XSWX:DRW3 with a GF Score™ of 75/100 and a GF Value™ of CHF54.56. The stock has 3 warning signs investors should review. Among 840 Medical Devices & Instruments companies, Draegerwerk AG KGaA ranks better than 72.86% 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. Draegerwerk AG KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.66%.

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

XSWX:DRW3' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.63   Med: 15.82   Max: 37.82
Current: 22.12

During the past 13 years, Draegerwerk AG KGaA's highest ROC (Joel Greenblatt) % was 37.82%. The lowest was -7.63%. And the median was 15.82%.

XSWX:DRW3's ROC (Joel Greenblatt) % is ranked better than
72.86% of 840 companies
in the Medical Devices & Instruments industry
Industry Median: 4.24 vs XSWX:DRW3: 22.12

Draegerwerk AG KGaA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Draegerwerk AG KGaA  (XSWX:DRW3) 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.


Draegerwerk AG KGaA ROC (Joel Greenblatt) % Related Terms


Draegerwerk AG KGaA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA ROC (Joel Greenblatt) % Chart

Draegerwerk AG KGaA 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 26.15 -7.42 15.19 16.34 19.24

Draegerwerk AG KGaA 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 0.85 7.41 20.23 53.13 6.66

XSWX:DRW3 vs ABT, SYK, MDT: ROC (Joel Greenblatt) % Comparison

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XSWX:DRW3
75GF Score
Draegerwerk AG & Co KGaA XSWX:DRW3
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Draegerwerk AG KGaA 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)
=(753.602 + 581.668 + 118.029) - (376.752 + 0 + 400.248)
=676.299

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(624.55 + 636.761 + 131.792) - (299.079 + 0 + 517.255)
=576.769

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Draegerwerk AG KGaA 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 )
=76.06/( ( (522.067 + max(676.299, 0)) + (509.444 + max(576.769, 0)) )/ 2 )
=76.06/( ( 1198.366 + 1086.213 )/ 2 )
=76.06/1142.2895
=6.66 %

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 6.66% mean?
Draegerwerk AG KGaA (XSWX:DRW3) has a ROC (Joel Greenblatt) % of 6.66% 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 Draegerwerk AG KGaA and its competitors. This is 58% below median its historical median of 15.82. According to the industry distribution chart, Draegerwerk AG KGaA ranks #228 out of 840 companies in the Medical Devices & Instruments industry, placing it in the top 27.1%.
Is Draegerwerk AG KGaA's ROC (Joel Greenblatt) % too high?
Draegerwerk AG KGaA's current ROC (Joel Greenblatt) % of 6.66% is 58% below median its 10-year median of 15.82. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.24. Draegerwerk AG KGaA's value of 6.66% is 57.1% above this industry median. Based on the distribution chart, Draegerwerk AG KGaA ranks #228 out of 840 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Draegerwerk AG KGaA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Draegerwerk AG KGaA's ROC (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Draegerwerk AG KGaA ranks #228 out of 840 companies for ROC (Joel Greenblatt) %. This puts Draegerwerk AG KGaA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 4.24. Draegerwerk AG KGaA's value of 6.66% is 57.1% above this benchmark. While the company's 10-year median is 15.82 vs. the industry median of 4.24, Draegerwerk AG KGaA 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.24, based on 840 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. Draegerwerk AG KGaA's current ROC (Joel Greenblatt) % of 6.66% is 57.1% 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 Draegerwerk AG KGaA and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draegerwerk AG KGaA's current ROC (Joel Greenblatt) % is 6.66%, which is 58% below median its own 10-year median of 15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draegerwerk AG KGaA stock overvalued right now?
Draegerwerk AG KGaA (XSWX:DRW3) has a current ROC (Joel Greenblatt) % of 6.66%. The stock's GF Value™ is CHF54.56, compared to a current price of CHF78.20 — trading 43.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.66%, which is 58% below median its 10-year median of 15.82 and 57.1% above the Medical Devices & Instruments industry median of 4.24. Draegerwerk AG KGaA's overall GF Score™ is 75/100 with 3 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 Draegerwerk AG KGaA (XSWX:DRW3), the current ROC (Joel Greenblatt) % is 6.66% 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 Draegerwerk AG KGaA (XSWX:DRW3) Overvalued in 2026?

Based on GuruFocus' analysis, Draegerwerk AG KGaA stock appears to be overvalued. The current stock price of CHF78.20 is trading 43.3% above its estimated GF Value™ of CHF54.56.

Key valuation signals for XSWX:DRW3:

  • ROC (Joel Greenblatt) %: 6.66% (58% below median its 10-year median of 15.82)
  • GF Value™: CHF54.56 vs. price of CHF78.20 (43.3% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 57.1% above the Medical Devices & Instruments median (#228 of 840)

No single metric tells the full story. See the XSWX:DRW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Draegerwerk AG KGaA Business Description

Address Moislinger Allee 53 - 55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.
75GF Score

Get the complete analysis for XSWX:DRW3

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

CHF78.20
Price
CHF54.56
GF Value