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GEM CoXSWX:GEM 84 ROC (Joel Greenblatt) % is 5.64% as of Jun. 2026, which is 37% below its 10-year median of 8.93. GuruFocus rates XSWX:GEM with a GF Score™ of 84/100 and a GF Value™ of $16.21. The stock has 8 warning signs investors should review. Among 248 Waste Management companies, GEM Co ranks worse than 59.68% 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. GEM Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.64%.
The historical rank and industry rank for GEM Co's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:GEM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.24 Med: 8.93 Max: 11.68
Current: 7.58
During the past 13 years, GEM Co's highest ROC (Joel Greenblatt) % was 11.68%. The lowest was 7.24%. And the median was 8.93%.
XSWX:GEM's ROC (Joel Greenblatt) % is ranked worse than 59.68% of 248
companies
in the Waste Management industry
Industry Median: 11.115
vs XSWX:GEM: 7.58
GEM Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.20% per year.
GEM Co (XSWX:GEM) 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.
The historical data trend for GEM Co'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.
XSWX:GEM vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, GEM Co'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.
GEM Co ROC (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, GEM Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GEM Co'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 four times the quarterly (Jun. 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 5.64% mean?
GEM Co (XSWX:GEM) has a ROC (Joel Greenblatt) % of 5.64% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on GEM Co and its competitors. This is 37% below median its historical median of 8.93. Over the past decade, GEM Co's ROC (Joel Greenblatt) % has ranged from 7.24 to 11.68. According to the industry distribution chart, GEM Co ranks #148 out of 248 companies in the Waste Management industry, placing it in the top 59.7%.
Is GEM Co's ROC (Joel Greenblatt) % too high?
GEM Co's current ROC (Joel Greenblatt) % of 5.64% is 37% below median its 10-year median of 8.93. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 11.68. The Waste Management industry median ROC (Joel Greenblatt) % is 11.12. GEM Co's value of 5.64% is 49.3% below this industry median. Based on the distribution chart, GEM Co ranks #148 out of 248 companies in the Waste Management industry, which is below the industry midpoint. Overall, GEM Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does GEM Co's ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, GEM Co ranks #148 out of 248 companies for ROC (Joel Greenblatt) %. This places GEM Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.12. GEM Co's value of 5.64% is 49.3% below this benchmark. Historically, GEM Co's own ROC (Joel Greenblatt) % has ranged from 7.24 to 11.68 over the past decade. While the company's 10-year median is 8.93 vs. the industry median of 11.12, GEM Co has consistently been below 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.12, based on 248 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. GEM Co's current ROC (Joel Greenblatt) % of 5.64% is 49.3% below 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 GEM Co and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GEM Co's current ROC (Joel Greenblatt) % is 5.64%, which is 37% below median its own 10-year median of 8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEM Co stock overvalued right now?
GEM Co (XSWX:GEM) has a current ROC (Joel Greenblatt) % of 5.64%. The stock's GF Value™ is $16.21, compared to a current price of $12.00 — trading 26% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.64%, which is 37% below median its 10-year median of 8.93 and 49.3% below the Waste Management industry median of 11.12. GEM Co's overall GF Score™ is 84/100 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 GEM Co (XSWX:GEM), the current ROC (Joel Greenblatt) % is 5.64% as of Jun. 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 GEM Co (XSWX:GEM) Overvalued in 2026?
Based on GuruFocus' analysis, GEM Co stock appears to be undervalued.
The current stock price of $12.00 is trading 26% below its estimated GF Value™ of $16.21.
Key valuation signals for XSWX:GEM:
ROC (Joel Greenblatt) %: 5.64% (37% below median its 10-year median of 8.93)
GF Value™: $16.21 vs. price of $12.00 (26% below fair value)
Industry Position: 49.3% below the Waste Management median (#148 of 248)
No single metric tells the full story. See the XSWX:GEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GEM Co Ltd is engaged in Waste battery recycling and power battery material manufacturing business, cobalt, nickel, and tungsten recycling and cemented carbide manufacturing business, renewable resources business, and environmental management business.
84GF Score
Get the complete analysis for XSWX:GEM
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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