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FORTEC Elektronik AGXTER:FEV -0.39%75 ROC (Joel Greenblatt) % is 3.00% as of Mar. 2026, which is 87% below its 10-year median of 23.07. GuruFocus rates XTER:FEV with a GF Score™ of 75/100 and a GF Value™ of €15.80 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,494 Hardware companies, FORTEC Elektronik AG ranks worse than 63.83% 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. FORTEC Elektronik AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.00%.
The historical rank and industry rank for FORTEC Elektronik AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XTER:FEV'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.46 Med: 23.07 Max: 27.93
Current: 3.46
During the past 13 years, FORTEC Elektronik AG's highest ROC (Joel Greenblatt) % was 27.93%. The lowest was 3.46%. And the median was 23.07%.
XTER:FEV's ROC (Joel Greenblatt) % is ranked worse than 63.83% of 2494
companies
in the Hardware industry
Industry Median: 10.42
vs XTER:FEV: 3.46
FORTEC Elektronik AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.60% per year.
FORTEC Elektronik AG (XTER:FEV) 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.
FORTEC Elektronik AG ROC (Joel Greenblatt) % Related Terms
FORTEC Elektronik AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for FORTEC Elektronik 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.
FORTEC Elektronik AG ROC (Joel Greenblatt) % Chart
XTER:FEV vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, FORTEC Elektronik 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.
FORTEC Elektronik AG ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, FORTEC Elektronik AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where FORTEC Elektronik AG's ROC (Joel Greenblatt) % falls into.
FORTEC Elektronik 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 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 3.00% mean?
FORTEC Elektronik AG (XTER:FEV) has a ROC (Joel Greenblatt) % of 3.00% 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 FORTEC Elektronik AG and its competitors. This is 87% below median its historical median of 23.07. Over the past decade, FORTEC Elektronik AG's ROC (Joel Greenblatt) % has ranged from 3.46 to 27.93. According to the industry distribution chart, FORTEC Elektronik AG ranks #1592 out of 2494 companies in the Hardware industry, placing it in the top 63.8%.
Is FORTEC Elektronik AG's ROC (Joel Greenblatt) % too high?
FORTEC Elektronik AG's current ROC (Joel Greenblatt) % of 3.00% is 87% below median its 10-year median of 23.07. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 27.93. The Hardware industry median ROC (Joel Greenblatt) % is 10.42. FORTEC Elektronik AG's value of 3.00% is 71.2% below this industry median. Based on the distribution chart, FORTEC Elektronik AG ranks #1592 out of 2494 companies in the Hardware industry, which is below the industry midpoint. Overall, FORTEC Elektronik AG has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FORTEC Elektronik AG's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, FORTEC Elektronik AG ranks #1592 out of 2494 companies for ROC (Joel Greenblatt) %. This places FORTEC Elektronik AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.42. FORTEC Elektronik AG's value of 3.00% is 71.2% below this benchmark. Historically, FORTEC Elektronik AG's own ROC (Joel Greenblatt) % has ranged from 3.46 to 27.93 over the past decade. While the company's 10-year median is 23.07 vs. the industry median of 10.42, FORTEC Elektronik AG 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.42, based on 2,494 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. FORTEC Elektronik AG's current ROC (Joel Greenblatt) % of 3.00% is 71.2% 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 FORTEC Elektronik AG and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FORTEC Elektronik AG's current ROC (Joel Greenblatt) % is 3.00%, which is 87% below median its own 10-year median of 23.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORTEC Elektronik AG stock overvalued right now?
Based on GuruFocus' analysis, FORTEC Elektronik AG (XTER:FEV) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.80, compared to a current price of €12.75 — trading 19.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.00%, which is 87% below median its 10-year median of 23.07 and 71.2% below the Hardware industry median of 10.42. FORTEC Elektronik AG's overall GF Score™ is 75/100 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 FORTEC Elektronik AG (XTER:FEV), the current ROC (Joel Greenblatt) % is 3.00% 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 FORTEC Elektronik AG (XTER:FEV) Overvalued in 2026?
Based on GuruFocus' analysis, FORTEC Elektronik AG stock appears to be undervalued.
The current stock price of €12.75 is trading 19.3% below its estimated GF Value™ of €15.80.
GuruFocus considers FORTEC Elektronik AG to be Modestly Undervalued.
Key valuation signals for XTER:FEV:
ROC (Joel Greenblatt) %: 3.00% (87% below median its 10-year median of 23.07)
GF Value™: €15.80 vs. price of €12.75 (19.3% below fair value)
Industry Position: 71.2% below the Hardware median (#1592 of 2494)
No single metric tells the full story. See the XTER:FEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others. It has two operating segments: Data visualisation and Power Supplies.
75GF Score
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