VAT Group AGXSWX:VACN +2.87%88 ROC (Joel Greenblatt) % is 44.86% as of Dec. 2025, which is 30% below its 10-year median of 64.27. GuruFocus rates XSWX:VACN with a GF Score™ of 88/100 and a GF Value™ of CHF428.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,058 Industrial Products companies, VAT Group AG ranks better than 89.86% 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. VAT Group AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 44.86%.
The historical rank and industry rank for VAT Group AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:VACN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 40.15 Med: 64.27 Max: 108.31
Current: 52.21
During the past 11 years, VAT Group AG's highest ROC (Joel Greenblatt) % was 108.31%. The lowest was 40.15%. And the median was 64.27%.
XSWX:VACN's ROC (Joel Greenblatt) % is ranked better than 89.86% of 3058
companies
in the Industrial Products industry
Industry Median: 11.7
vs XSWX:VACN: 52.21
VAT Group AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.20% per year.
VAT Group AG (XSWX:VACN) 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.
VAT Group AG ROC (Joel Greenblatt) % Related Terms
VAT Group AG ROC (Joel Greenblatt) % Historical Data
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The historical data trend for VAT Group 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:VACN vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, VAT Group 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.
VAT Group AG ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, VAT Group AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where VAT Group AG'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 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 44.86% mean?
VAT Group AG (XSWX:VACN) has a ROC (Joel Greenblatt) % of 44.86% 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 VAT Group AG and its competitors. This is 30% below median its historical median of 64.27. Over the past decade, VAT Group AG's ROC (Joel Greenblatt) % has ranged from 40.15 to 108.31. According to the industry distribution chart, VAT Group AG ranks #310 out of 3058 companies in the Industrial Products industry, placing it in the top 10.1%.
Is VAT Group AG's ROC (Joel Greenblatt) % too high?
VAT Group AG's current ROC (Joel Greenblatt) % of 44.86% is 30% below median its 10-year median of 64.27. Over the past 10 years, this metric has ranged from a low of 40.15 to a high of 108.31. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.70. VAT Group AG's value of 44.86% is 283.4% above this industry median. Based on the distribution chart, VAT Group AG ranks #310 out of 3058 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, VAT Group AG has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VAT Group AG's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, VAT Group AG ranks #310 out of 3058 companies for ROC (Joel Greenblatt) %. This places VAT Group AG in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. VAT Group AG's value of 44.86% is 283.4% above this benchmark. Historically, VAT Group AG's own ROC (Joel Greenblatt) % has ranged from 40.15 to 108.31 over the past decade. While the company's 10-year median is 64.27 vs. the industry median of 11.70, VAT Group 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 11.70, based on 3,058 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. VAT Group AG's current ROC (Joel Greenblatt) % of 44.86% is 283.4% 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 VAT Group AG and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VAT Group AG's current ROC (Joel Greenblatt) % is 44.86%, which is 30% below median its own 10-year median of 64.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAT Group AG stock overvalued right now?
Based on GuruFocus' analysis, VAT Group AG (XSWX:VACN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF428.70, compared to a current price of CHF709.40 — trading 65.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 44.86%, which is 30% below median its 10-year median of 64.27 and 283.4% above the Industrial Products industry median of 11.70. VAT Group AG's overall GF Score™ is 88/100 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 VAT Group AG (XSWX:VACN), the current ROC (Joel Greenblatt) % is 44.86% 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 VAT Group AG (XSWX:VACN) Overvalued in 2026?
Based on GuruFocus' analysis, VAT Group AG stock appears to be overvalued.
The current stock price of CHF709.40 is trading 65.5% above its estimated GF Value™ of CHF428.70.
GuruFocus considers VAT Group AG to be Significantly Overvalued.
Key valuation signals for XSWX:VACN:
ROC (Joel Greenblatt) %: 44.86% (30% below median its 10-year median of 64.27)
GF Value™: CHF428.70 vs. price of CHF709.40 (65.5% above fair value)
Industry Position: 283.4% above the Industrial Products median (#310 of 3058)
No single metric tells the full story. See the XSWX:VACN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VAT Group AG is a developer and manufacturer of vacuum valves and related solutions used in vacuum environments required for the manufacturing of semiconductors, photovoltaic solar cells, digital displays, and other industrial and research applications. Its products are mission-critical components that enable high-precision processes in near-perfect vacuum environments. It operates through two segments: valves, which earn maximum revenue and focus on the design and manufacture of vacuum valves and related components, and service, which provides spare parts, repairs, upgrades, and support services for installed products. The company maintains a production footprint across multiple locations and serves customers internationally, earning a majority of its revenue from China.
88GF Score
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