Knorr-Bremse AGXSWX:KBX -0.80%83 ROC (Joel Greenblatt) % is 43.41% as of Mar. 2026, which is 21% below its 10-year median of 54.81. GuruFocus rates XSWX:KBX with a GF Score™ of 83/100 and a GF Value™ of CHF68.93. The stock has 3 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Knorr-Bremse AG ranks better than 89.45% 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. Knorr-Bremse AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.41%.
The historical rank and industry rank for Knorr-Bremse AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:KBX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 35.72 Med: 54.81 Max: 82.29
Current: 40.12
During the past 11 years, Knorr-Bremse AG's highest ROC (Joel Greenblatt) % was 82.29%. The lowest was 35.72%. And the median was 54.81%.
XSWX:KBX's ROC (Joel Greenblatt) % is ranked better than 89.45% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 11.97
vs XSWX:KBX: 40.12
Knorr-Bremse AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.30% per year.
Knorr-Bremse AG (XSWX:KBX) 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.
Knorr-Bremse AG ROC (Joel Greenblatt) % Related Terms
Knorr-Bremse AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Knorr-Bremse 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.
XSWX:KBX vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Knorr-Bremse 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.
Knorr-Bremse AG ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Knorr-Bremse AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Knorr-Bremse AG's ROC (Joel Greenblatt) % falls into.
Knorr-Bremse 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 43.41% mean?
Knorr-Bremse AG (XSWX:KBX) has a ROC (Joel Greenblatt) % of 43.41% 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 Knorr-Bremse AG and its competitors. This is 21% below median its historical median of 54.81. Over the past decade, Knorr-Bremse AG's ROC (Joel Greenblatt) % has ranged from 35.72 to 82.29. According to the industry distribution chart, Knorr-Bremse AG ranks #141 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 10.6%.
Is Knorr-Bremse AG's ROC (Joel Greenblatt) % too high?
Knorr-Bremse AG's current ROC (Joel Greenblatt) % of 43.41% is 21% below median its 10-year median of 54.81. Over the past 10 years, this metric has ranged from a low of 35.72 to a high of 82.29. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. Knorr-Bremse AG's value of 43.41% is 262.7% above this industry median. Based on the distribution chart, Knorr-Bremse AG ranks #141 out of 1336 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Knorr-Bremse AG has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Knorr-Bremse AG's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Knorr-Bremse AG ranks #141 out of 1336 companies for ROC (Joel Greenblatt) %. This places Knorr-Bremse AG in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.97. Knorr-Bremse AG's value of 43.41% is 262.7% above this benchmark. Historically, Knorr-Bremse AG's own ROC (Joel Greenblatt) % has ranged from 35.72 to 82.29 over the past decade. While the company's 10-year median is 54.81 vs. the industry median of 11.97, Knorr-Bremse 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 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. Knorr-Bremse AG's current ROC (Joel Greenblatt) % of 43.41% is 262.7% 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 Knorr-Bremse AG 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. Knorr-Bremse AG's current ROC (Joel Greenblatt) % is 43.41%, which is 21% below median its own 10-year median of 54.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knorr-Bremse AG stock overvalued right now?
Knorr-Bremse AG (XSWX:KBX) has a current ROC (Joel Greenblatt) % of 43.41%. The stock's GF Value™ is CHF68.93, compared to a current price of CHF92.60 — trading 34.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.41%, which is 21% below median its 10-year median of 54.81 and 262.7% above the Vehicles & Parts industry median of 11.97. Knorr-Bremse AG's overall GF Score™ is 83/100 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 Knorr-Bremse AG (XSWX:KBX), the current ROC (Joel Greenblatt) % is 43.41% 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 Knorr-Bremse AG (XSWX:KBX) Overvalued in 2026?
Based on GuruFocus' analysis, Knorr-Bremse AG stock appears to be overvalued.
The current stock price of CHF92.60 is trading 34.3% above its estimated GF Value™ of CHF68.93.
Key valuation signals for XSWX:KBX:
ROC (Joel Greenblatt) %: 43.41% (21% below median its 10-year median of 54.81)
GF Value™: CHF68.93 vs. price of CHF92.60 (34.3% above fair value)
Industry Position: 262.7% above the Vehicles & Parts median (#141 of 1336)
No single metric tells the full story. See the XSWX:KBX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Knorr-Bremse AG is engaged in the development, production, marketing, and servicing of Automotive parts. It operates its business activities in two divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Its product portfolio comprises Braking, entrance, and HVAC systems; power electric and control technology; digital solutions; couplers; signal systems; pneumatic braking systems; energy supply and distribution systems; wiper and wash systems; and others. Maximum of revenue is from Rail Vehicle System. Its geographical segments are Europe/Africa, North America, South America, and Asia-Pacific. The majority of its revenue is from Europe/Africa.
83GF Score
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