Parker HannifinXSWX:PH -0.97%92 ROC (Joel Greenblatt) % is 84.11% as of Mar. 2026, which is 48% above its 10-year median of 56.88. GuruFocus rates XSWX:PH with a GF Score™ of 92/100 and a GF Value™ of CHF545.89. The stock has 6 warning signs investors should review. Among 3,061 Industrial Products companies, Parker Hannifin ranks better than 95.49% 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. Parker Hannifin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 84.11%.
The historical rank and industry rank for Parker Hannifin's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:PH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 29.63 Med: 56.88 Max: 89.55
Current: 85.85
During the past 13 years, Parker Hannifin's highest ROC (Joel Greenblatt) % was 89.55%. The lowest was 29.63%. And the median was 56.88%.
XSWX:PH's ROC (Joel Greenblatt) % is ranked better than 95.49% of 3061
companies
in the Industrial Products industry
Industry Median: 11.69
vs XSWX:PH: 85.85
Parker Hannifin's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.20% 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.
Parker Hannifin ROC (Joel Greenblatt) % Related Terms
Parker Hannifin ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Parker Hannifin'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.
For the Specialty Industrial Machinery subindustry, Parker Hannifin'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.
Parker Hannifin ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parker Hannifin's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Parker Hannifin'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 84.11% mean?
Parker Hannifin (XSWX:PH) has a ROC (Joel Greenblatt) % of 84.11% 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 Parker Hannifin and its competitors. This is 48% above median its historical median of 56.88. Over the past decade, Parker Hannifin's ROC (Joel Greenblatt) % has ranged from 29.63 to 89.55. According to the industry distribution chart, Parker Hannifin ranks #138 out of 3061 companies in the Industrial Products industry, placing it in the top 4.5%.
Is Parker Hannifin's ROC (Joel Greenblatt) % too high?
Parker Hannifin's current ROC (Joel Greenblatt) % of 84.11% is 48% above median its 10-year median of 56.88. Over the past 10 years, this metric has ranged from a low of 29.63 to a high of 89.55. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Parker Hannifin's value of 84.11% is 619.5% above this industry median. Based on the distribution chart, Parker Hannifin ranks #138 out of 3061 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Parker Hannifin has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Parker Hannifin's ROC (Joel Greenblatt) % compare to ?
According to the Industrial Products industry distribution chart, Parker Hannifin ranks #138 out of 3061 companies for ROC (Joel Greenblatt) %. This places Parker Hannifin in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. Parker Hannifin's value of 84.11% is 619.5% above this benchmark. Historically, Parker Hannifin's own ROC (Joel Greenblatt) % has ranged from 29.63 to 89.55 over the past decade. While the company's 10-year median is 56.88 vs. the industry median of 11.69, Parker Hannifin 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 3,061 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. Parker Hannifin's current ROC (Joel Greenblatt) % of 84.11% is 619.5% 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 Parker Hannifin 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. Parker Hannifin's current ROC (Joel Greenblatt) % is 84.11%, which is 48% above median its own 10-year median of 56.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parker Hannifin stock overvalued right now?
Parker Hannifin (XSWX:PH) has a current ROC (Joel Greenblatt) % of 84.11%. The stock's GF Value™ is CHF545.89, compared to a current price of CHF773.70 — trading 41.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 84.11%, which is 48% above median its 10-year median of 56.88 and 619.5% above the Industrial Products industry median of 11.69. Parker Hannifin's overall GF Score™ is 92/100 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 Parker Hannifin (XSWX:PH), the current ROC (Joel Greenblatt) % is 84.11% 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 Parker Hannifin (XSWX:PH) Overvalued in 2026?
Based on GuruFocus' analysis, Parker Hannifin stock appears to be overvalued.
The current stock price of CHF773.70 is trading 41.7% above its estimated GF Value™ of CHF545.89.
Key valuation signals for XSWX:PH:
ROC (Joel Greenblatt) %: 84.11% (48% above median its 10-year median of 56.88)
GF Value™: CHF545.89 vs. price of CHF773.70 (41.7% above fair value)
Industry Position: 619.5% above the Industrial Products median (#138 of 3061)
No single metric tells the full story. See the XSWX:PH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
92GF Score
Get the complete analysis for XSWX:PH
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:PH has been successfully added to your 
