HELLA GmbH KGaAXSWX:HLE 76 ROC (Joel Greenblatt) % is 13.58% as of Mar. 2026, which is 38% below its 10-year median of 22.03. GuruFocus rates XSWX:HLE with a GF Score™ of 76/100 and a GF Value™ of CHF73.73 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,336 Vehicles & Parts companies, HELLA GmbH KGaA ranks better than 59.51% 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. HELLA GmbH KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.58%.
The historical rank and industry rank for HELLA GmbH KGaA's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:HLE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.8 Med: 22.03 Max: 32.35
Current: 15.29
During the past 13 years, HELLA GmbH KGaA's highest ROC (Joel Greenblatt) % was 32.35%. The lowest was -16.80%. And the median was 22.03%.
XSWX:HLE's ROC (Joel Greenblatt) % is ranked better than 59.51% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 11.97
vs XSWX:HLE: 15.29
HELLA GmbH KGaA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
HELLA GmbH KGaA ROC (Joel Greenblatt) % Related Terms
HELLA GmbH KGaA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for HELLA GmbH 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.
XSWX:HLE vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, HELLA GmbH 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.
HELLA GmbH KGaA ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HELLA GmbH KGaA'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 (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 13.58% mean?
HELLA GmbH KGaA (XSWX:HLE) has a ROC (Joel Greenblatt) % of 13.58% 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 HELLA GmbH KGaA and its competitors. This is 38% below median its historical median of 22.03. According to the industry distribution chart, HELLA GmbH KGaA ranks #541 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 40.5%.
Is HELLA GmbH KGaA's ROC (Joel Greenblatt) % too high?
HELLA GmbH KGaA's current ROC (Joel Greenblatt) % of 13.58% is 38% below median its 10-year median of 22.03. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. HELLA GmbH KGaA's value of 13.58% is 13.5% above this industry median. Based on the distribution chart, HELLA GmbH KGaA ranks #541 out of 1336 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, HELLA GmbH KGaA has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HELLA GmbH KGaA's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, HELLA GmbH KGaA ranks #541 out of 1336 companies for ROC (Joel Greenblatt) %. This puts HELLA GmbH KGaA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. HELLA GmbH KGaA's value of 13.58% is 13.5% above this benchmark. While the company's 10-year median is 22.03 vs. the industry median of 11.97, HELLA GmbH 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,336 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. HELLA GmbH KGaA's current ROC (Joel Greenblatt) % of 13.58% is 13.5% 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 HELLA GmbH KGaA and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HELLA GmbH KGaA's current ROC (Joel Greenblatt) % is 13.58%, which is 38% below median its own 10-year median of 22.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HELLA GmbH KGaA stock overvalued right now?
Based on GuruFocus' analysis, HELLA GmbH KGaA (XSWX:HLE) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF73.73, compared to a current price of CHF65.70 — trading 10.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.58%, which is 38% below median its 10-year median of 22.03 and 13.5% above the Vehicles & Parts industry median of 11.97. HELLA GmbH KGaA's overall GF Score™ is 76/100 with 7 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 HELLA GmbH KGaA (XSWX:HLE), the current ROC (Joel Greenblatt) % is 13.58% 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 HELLA GmbH KGaA (XSWX:HLE) Overvalued in 2026?
Based on GuruFocus' analysis, HELLA GmbH KGaA stock appears to be undervalued.
The current stock price of CHF65.70 is trading 10.9% below its estimated GF Value™ of CHF73.73.
GuruFocus considers HELLA GmbH KGaA to be Modestly Undervalued.
Key valuation signals for XSWX:HLE:
ROC (Joel Greenblatt) %: 13.58% (38% below median its 10-year median of 22.03)
GF Value™: CHF73.73 vs. price of CHF65.70 (10.9% below fair value)
Industry Position: 13.5% above the Vehicles & Parts median (#541 of 1336)
No single metric tells the full story. See the XSWX:HLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments, which are Lighting, Electronics, and Lifecycle Solutions. The company generates the majority of its revenue from the Lighting segment.
76GF Score
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