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Mikron Holding AGXSWX:MIKN -0.31%72 ROC (Joel Greenblatt) % is 25.89% as of Dec. 2025, which is 52% above its 10-year median of 16.99. GuruFocus rates XSWX:MIKN with a GF Score™ of 72/100 and a GF Value™ of CHF16.36 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,063 Industrial Products companies, Mikron Holding AG ranks better than 80.67% 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. Mikron Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.89%.
The historical rank and industry rank for Mikron Holding AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:MIKN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.12 Med: 16.99 Max: 33.06
Current: 32.47
During the past 13 years, Mikron Holding AG's highest ROC (Joel Greenblatt) % was 33.06%. The lowest was -22.12%. And the median was 16.99%.
XSWX:MIKN's ROC (Joel Greenblatt) % is ranked better than 80.67% of 3063
companies
in the Industrial Products industry
Industry Median: 11.69
vs XSWX:MIKN: 32.47
Mikron Holding AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mikron Holding AG (XSWX:MIKN) 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.
Mikron Holding AG ROC (Joel Greenblatt) % Related Terms
Mikron Holding AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mikron Holding 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:MIKN vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Mikron Holding 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.
Mikron Holding AG ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mikron Holding AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mikron Holding AG's ROC (Joel Greenblatt) % falls into.
Mikron Holding 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 two times the semi-annual (Dec. 2025) 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 25.89% mean?
Mikron Holding AG (XSWX:MIKN) has a ROC (Joel Greenblatt) % of 25.89% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mikron Holding AG and its competitors. This is 52% above median its historical median of 16.99. According to the industry distribution chart, Mikron Holding AG ranks #592 out of 3063 companies in the Industrial Products industry, placing it in the top 19.3%.
Is Mikron Holding AG's ROC (Joel Greenblatt) % too high?
Mikron Holding AG's current ROC (Joel Greenblatt) % of 25.89% is 52% above median its 10-year median of 16.99. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Mikron Holding AG's value of 25.89% is 121.5% above this industry median. Based on the distribution chart, Mikron Holding AG ranks #592 out of 3063 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mikron Holding AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mikron Holding AG's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mikron Holding AG ranks #592 out of 3063 companies for ROC (Joel Greenblatt) %. This places Mikron Holding AG in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. Mikron Holding AG's value of 25.89% is 121.5% above this benchmark. While the company's 10-year median is 16.99 vs. the industry median of 11.69, Mikron Holding 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,063 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. Mikron Holding AG's current ROC (Joel Greenblatt) % of 25.89% is 121.5% 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 Mikron Holding AG and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikron Holding AG's current ROC (Joel Greenblatt) % is 25.89%, which is 52% above median its own 10-year median of 16.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikron Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Mikron Holding AG (XSWX:MIKN) is currently considered Fairly Valued. The stock's GF Value™ is CHF16.36, compared to a current price of CHF16.30 — trading 0.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25.89%, which is 52% above median its 10-year median of 16.99 and 121.5% above the Industrial Products industry median of 11.69. Mikron Holding AG's overall GF Score™ is 72/100 with 2 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 Mikron Holding AG (XSWX:MIKN), the current ROC (Joel Greenblatt) % is 25.89% as of Dec. 2025. 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 Mikron Holding AG (XSWX:MIKN) Overvalued in 2026?
Based on GuruFocus' analysis, Mikron Holding AG stock appears to be undervalued.
The current stock price of CHF16.30 is trading 0.4% below its estimated GF Value™ of CHF16.36.
GuruFocus considers Mikron Holding AG to be Fairly Valued.
Key valuation signals for XSWX:MIKN:
ROC (Joel Greenblatt) %: 25.89% (52% above median its 10-year median of 16.99)
GF Value™: CHF16.36 vs. price of CHF16.30 (0.4% below fair value)
Industry Position: 121.5% above the Industrial Products median (#592 of 3063)
No single metric tells the full story. See the XSWX:MIKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mikron Holding AG develops and markets automation solutions, machining systems, and cutting tools that are precise, productive, and adaptable. It operates in two segments, Mikron Automation the partner for scalable and customized assembly systems-from the first idea to the highest performance solutions; and Mikron Machining Solutions segment comprises the two divisions Mikron Machining the supplier of customized, productive machining systems for the manufacturing of complex high-precision components made of metal such as turbocharger housings, injection nozzles and ballpoint pen tips, and The Mikron Tool division develops and produces the therefore necessary high-performance cutting tools.
72GF Score
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