NIBE Industrier ABXSWX:NIBEB -0.39%88 ROC (Joel Greenblatt) % is 16.50% as of Mar. 2026, which is 60% below its 10-year median of 41.56. GuruFocus rates XSWX:NIBEB with a GF Score™ of 88/100 and a GF Value™ of CHF3.76 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,776 Construction companies, NIBE Industrier AB ranks worse than 50.06% 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. NIBE Industrier AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.50%.
The historical rank and industry rank for NIBE Industrier AB's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:NIBEB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.19 Med: 41.56 Max: 47.3
Current: 19.38
During the past 13 years, NIBE Industrier AB's highest ROC (Joel Greenblatt) % was 47.30%. The lowest was 14.19%. And the median was 41.56%.
XSWX:NIBEB's ROC (Joel Greenblatt) % is ranked worse than 50.06% of 1776
companies
in the Construction industry
Industry Median: 19.425
vs XSWX:NIBEB: 19.38
NIBE Industrier AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.80% per year.
NIBE Industrier AB (XSWX:NIBEB) 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.
NIBE Industrier AB ROC (Joel Greenblatt) % Related Terms
NIBE Industrier AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for NIBE Industrier AB'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:NIBEB vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, NIBE Industrier AB'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.
NIBE Industrier AB ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, NIBE Industrier AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NIBE Industrier AB's ROC (Joel Greenblatt) % falls into.
NIBE Industrier AB 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 16.50% mean?
NIBE Industrier AB (XSWX:NIBEB) has a ROC (Joel Greenblatt) % of 16.50% 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 NIBE Industrier AB and its competitors. This is 60% below median its historical median of 41.56. Over the past decade, NIBE Industrier AB's ROC (Joel Greenblatt) % has ranged from 14.19 to 47.30. According to the industry distribution chart, NIBE Industrier AB ranks #889 out of 1776 companies in the Construction industry, placing it in the top 50.1%.
Is NIBE Industrier AB's ROC (Joel Greenblatt) % too high?
NIBE Industrier AB's current ROC (Joel Greenblatt) % of 16.50% is 60% below median its 10-year median of 41.56. Over the past 10 years, this metric has ranged from a low of 14.19 to a high of 47.30. The Construction industry median ROC (Joel Greenblatt) % is 19.43. NIBE Industrier AB's value of 16.50% is 15.1% below this industry median. Based on the distribution chart, NIBE Industrier AB ranks #889 out of 1776 companies in the Construction industry, which is below the industry midpoint. Overall, NIBE Industrier AB has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, NIBE Industrier AB ranks #889 out of 1776 companies for ROC (Joel Greenblatt) %. This places NIBE Industrier AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.43. NIBE Industrier AB's value of 16.50% is 15.1% below this benchmark. Historically, NIBE Industrier AB's own ROC (Joel Greenblatt) % has ranged from 14.19 to 47.30 over the past decade. While the company's 10-year median is 41.56 vs. the industry median of 19.43, NIBE Industrier AB 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.43, based on 1,776 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. NIBE Industrier AB's current ROC (Joel Greenblatt) % of 16.50% is 15.1% 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 NIBE Industrier AB and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIBE Industrier AB's current ROC (Joel Greenblatt) % is 16.50%, which is 60% below median its own 10-year median of 41.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIBE Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, NIBE Industrier AB (XSWX:NIBEB) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF3.76, compared to a current price of CHF3.04 — trading 19.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.50%, which is 60% below median its 10-year median of 41.56 and 15.1% below the Construction industry median of 19.43. NIBE Industrier AB's overall GF Score™ is 88/100 with 6 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 NIBE Industrier AB (XSWX:NIBEB), the current ROC (Joel Greenblatt) % is 16.50% 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 NIBE Industrier AB (XSWX:NIBEB) Overvalued in 2026?
Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued.
The current stock price of CHF3.04 is trading 19.1% below its estimated GF Value™ of CHF3.76.
GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.
Key valuation signals for XSWX:NIBEB:
ROC (Joel Greenblatt) %: 16.50% (60% below median its 10-year median of 41.56)
GF Value™: CHF3.76 vs. price of CHF3.04 (19.1% below fair value)
Industry Position: 15.1% below the Construction median (#889 of 1776)
No single metric tells the full story. See the XSWX:NIBEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.
88GF Score
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