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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. El-Mor Electric Installation & Services (1986)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 107.91%.
XTAE:ELMR's ROC (Joel Greenblatt) % is ranked better than 90.82% of 1787
companies
in the Construction industry
Industry Median: 19.37
vs XTAE:ELMR: 147.56
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.
* 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.
XTAE:ELMR vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, El-Mor Electric Installation & Services (1986)'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.
El-Mor Electric Installation & Services (1986) ROC (Joel Greenblatt) % vs Construction Industry
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 (Jun. 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 107.91% mean?
El-Mor Electric Installation & Services (1986) (XTAE:ELMR) has a ROC (Joel Greenblatt) % of 107.91% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on El-Mor Electric Installation & Services (1986) and its competitors. This is 49% below median its historical median of 210.31. Over the past decade, El-Mor Electric Installation & Services (1986)'s ROC (Joel Greenblatt) % has ranged from 147.56 to 405.85. According to the industry distribution chart, El-Mor Electric Installation & Services (1986) ranks #164 out of 1787 companies in the Construction industry, placing it in the top 9.2%.
Is El-Mor Electric Installation & Services (1986)'s ROC (Joel Greenblatt) % too high?
El-Mor Electric Installation & Services (1986)'s current ROC (Joel Greenblatt) % of 107.91% is 49% below median its 10-year median of 210.31. Over the past 10 years, this metric has ranged from a low of 147.56 to a high of 405.85. The Construction industry median ROC (Joel Greenblatt) % is 19.37. El-Mor Electric Installation & Services (1986)'s value of 107.91% is 457.1% above this industry median. Based on the distribution chart, El-Mor Electric Installation & Services (1986) ranks #164 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, El-Mor Electric Installation & Services (1986) has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does El-Mor Electric Installation & Services (1986)'s ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, El-Mor Electric Installation & Services (1986) ranks #164 out of 1787 companies for ROC (Joel Greenblatt) %. This places El-Mor Electric Installation & Services (1986) in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.37. El-Mor Electric Installation & Services (1986)'s value of 107.91% is 457.1% above this benchmark. Historically, El-Mor Electric Installation & Services (1986)'s own ROC (Joel Greenblatt) % has ranged from 147.56 to 405.85 over the past decade. While the company's 10-year median is 210.31 vs. the industry median of 19.37, El-Mor Electric Installation & Services (1986) 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.37, based on 1,787 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. El-Mor Electric Installation & Services (1986)'s current ROC (Joel Greenblatt) % of 107.91% is 457.1% 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 El-Mor Electric Installation & Services (1986) and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. El-Mor Electric Installation & Services (1986)'s current ROC (Joel Greenblatt) % is 107.91%, which is 49% below median its own 10-year median of 210.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El-Mor Electric Installation & Services (1986) stock overvalued right now?
Based on GuruFocus' analysis, El-Mor Electric Installation & Services (1986) (XTAE:ELMR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪15.03, compared to a current price of ₪22.83 — trading 51.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 107.91%, which is 49% below median its 10-year median of 210.31 and 457.1% above the Construction industry median of 19.37. El-Mor Electric Installation & Services (1986)'s overall GF Score™ is 82/100 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 El-Mor Electric Installation & Services (1986) (XTAE:ELMR), the current ROC (Joel Greenblatt) % is 107.91% as of Jun. 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 El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Overvalued in 2026?
Based on GuruFocus' analysis, El-Mor Electric Installation & Services (1986) stock appears to be overvalued.
The current stock price of ₪22.83 is trading 51.9% above its estimated GF Value™ of ₪15.03.
GuruFocus considers El-Mor Electric Installation & Services (1986) to be Significantly Overvalued.
Key valuation signals for XTAE:ELMR:
ROC (Joel Greenblatt) %: 107.91% (49% below median its 10-year median of 210.31)
GF Value™: ₪15.03 vs. price of ₪22.83 (51.9% above fair value)
Industry Position: 457.1% above the Construction median (#164 of 1787)
No single metric tells the full story. See the XTAE:ELMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.
82GF Score
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