Evonik Industries AGXSWX:EVK 16 ROC (Joel Greenblatt) % is 11.32% as of Mar. 2026, which is 10% below its 10-year median of 12.51. GuruFocus rates XSWX:EVK with a GF Score™ of 16/100 and a GF Value™ of CHF14.69 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,601 Chemicals companies, Evonik Industries AG ranks worse than 58.53% 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. Evonik Industries AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.32%.
The historical rank and industry rank for Evonik Industries AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:EVK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.14 Med: 12.51 Max: 19.8
Current: 6.87
During the past 13 years, Evonik Industries AG's highest ROC (Joel Greenblatt) % was 19.80%. The lowest was -1.14%. And the median was 12.51%.
XSWX:EVK's ROC (Joel Greenblatt) % is ranked worse than 58.53% of 1601
companies
in the Chemicals industry
Industry Median: 9.38
vs XSWX:EVK: 6.87
Evonik Industries AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Evonik Industries AG (XSWX:EVK) 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.
Evonik Industries AG ROC (Joel Greenblatt) % Related Terms
Evonik Industries AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Evonik Industries 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.
Evonik Industries AG ROC (Joel Greenblatt) % Chart
XSWX:EVK vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Evonik Industries 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.
Evonik Industries AG ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Evonik Industries AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Evonik Industries AG's ROC (Joel Greenblatt) % falls into.
Evonik Industries 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:
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 11.32% mean?
Evonik Industries AG (XSWX:EVK) has a ROC (Joel Greenblatt) % of 11.32% 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 Evonik Industries AG and its competitors. This is 10% below median its historical median of 12.51. According to the industry distribution chart, Evonik Industries AG ranks #937 out of 1601 companies in the Chemicals industry, placing it in the top 58.5%.
Is Evonik Industries AG's ROC (Joel Greenblatt) % too high?
Evonik Industries AG's current ROC (Joel Greenblatt) % of 11.32% is 10% below median its 10-year median of 12.51. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. Evonik Industries AG's value of 11.32% is 20.7% above this industry median. Based on the distribution chart, Evonik Industries AG ranks #937 out of 1601 companies in the Chemicals industry, which is below the industry midpoint. Overall, Evonik Industries AG has a GF Score™ of 16/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evonik Industries AG's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Evonik Industries AG ranks #937 out of 1601 companies for ROC (Joel Greenblatt) %. This places Evonik Industries AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.38. Evonik Industries AG's value of 11.32% is 20.7% above this benchmark. While the company's 10-year median is 12.51 vs. the industry median of 9.38, Evonik Industries 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 a Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.38, based on 1,601 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. Evonik Industries AG's current ROC (Joel Greenblatt) % of 11.32% is 20.7% 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 Evonik Industries AG and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evonik Industries AG's current ROC (Joel Greenblatt) % is 11.32%, which is 10% below median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evonik Industries AG stock overvalued right now?
Based on GuruFocus' analysis, Evonik Industries AG (XSWX:EVK) is currently considered Fairly Valued. The stock's GF Value™ is CHF14.69, compared to a current price of CHF14.54 — trading 1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.32%, which is 10% below median its 10-year median of 12.51 and 20.7% above the Chemicals industry median of 9.38. Evonik Industries AG's overall GF Score™ is 16/100 with 8 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 Evonik Industries AG (XSWX:EVK), the current ROC (Joel Greenblatt) % is 11.32% 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 Evonik Industries AG (XSWX:EVK) Overvalued in 2026?
Based on GuruFocus' analysis, Evonik Industries AG stock appears to be undervalued.
The current stock price of CHF14.54 is trading 1% below its estimated GF Value™ of CHF14.69.
GuruFocus considers Evonik Industries AG to be Fairly Valued.
Key valuation signals for XSWX:EVK:
ROC (Joel Greenblatt) %: 11.32% (10% below median its 10-year median of 12.51)
GF Value™: CHF14.69 vs. price of CHF14.54 (1% below fair value)
Industry Position: 20.7% above the Chemicals median (#937 of 1601)
No single metric tells the full story. See the XSWX:EVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evonik Industries AG is a chemicals company that develops and manufactures specialty chemicals and solutions for a wide range of industries. Its products include high-performance polymers, hydrogen peroxide, silicas, additives for coatings and adhesives, and amino acids for animal nutrition. It operates through three segments: Advanced Technologies, which focuses on technology-driven businesses such as high-performance polymers, silicas, and hydrogen peroxide; Custom Solutions, which develops additives, catalysts, and ingredients for personal care and pharmaceutical applications; and Infrastructure, which provides site-related infrastructure services and includes the Oxeno C4 chemicals business. It generates sales across Europe, Middle East & Africa, the Americas, and Asia-Pacific.
16GF Score
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