ZTFMF (Zotefoams) ROC (Joel Greenblatt) %: 13.15% (As of Dec. 2025) — 20% Above Median


ZTFMF Zotefoams PLC ZTFMF
74 GF Score
Price $5.55
GF Value $6.04
Valuation Fairly Valued
! 10 Warning Signs
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What is Zotefoams ROC (Joel Greenblatt) %?

Zotefoams ZTFMF 74 ROC (Joel Greenblatt) % is 13.15% as of Dec. 2025, which is 20% above its 10-year median of 10.99. GuruFocus rates ZTFMF with a GF Score™ of 74/100 and a GF Value™ of $6.04 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,611 Chemicals companies, Zotefoams ranks better than 66.85% 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. Zotefoams's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.15%.

The historical rank and industry rank for Zotefoams's ROC (Joel Greenblatt) % or its related term are showing as below:

ZTFMF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.37   Med: 10.99   Max: 15.67
Current: 15.47

During the past 13 years, Zotefoams's highest ROC (Joel Greenblatt) % was 15.67%. The lowest was 2.37%. And the median was 10.99%.

ZTFMF's ROC (Joel Greenblatt) % is ranked better than
66.85% of 1611 companies
in the Chemicals industry
Industry Median: 9.38 vs ZTFMF: 15.47

Zotefoams's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.60% per year.


Zotefoams  (OTCPK:ZTFMF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Zotefoams ROC (Joel Greenblatt) % Related Terms


Zotefoams ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Zotefoams'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.

Zotefoams ROC (Joel Greenblatt) % Chart

Zotefoams Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.21 10.25 11.46 2.37 16.10

Zotefoams Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.67 13.50 -9.02 18.15 13.15

ZTFMF vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Zotefoams'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.


Zotefoams ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zotefoams's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Zotefoams's ROC (Joel Greenblatt) % falls into.


ZTFMF
74GF Score
Zotefoams PLC ZTFMF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zotefoams 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.461 + 38.844 + 3.933) - (22.328 + 0 + 0.18899999999999)
=68.721

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.352 + 36.506 + 1.618) - (24.679 + 0 + 14.749)
=42.048

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Zotefoams for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25.626/( ( (129.243 + max(68.721, 0)) + (149.763 + max(42.048, 0)) )/ 2 )
=25.626/( ( 197.964 + 191.811 )/ 2 )
=25.626/194.8875
=13.15 %

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 13.15% mean?
Zotefoams (ZTFMF) has a ROC (Joel Greenblatt) % of 13.15% 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 Zotefoams and its competitors. This is 20% above median its historical median of 10.99. Over the past decade, Zotefoams' ROC (Joel Greenblatt) % has ranged from 2.37 to 15.67. According to the industry distribution chart, Zotefoams ranks #534 out of 1611 companies in the Chemicals industry, placing it in the top 33.1%.
Is Zotefoams' ROC (Joel Greenblatt) % too high?
Zotefoams' current ROC (Joel Greenblatt) % of 13.15% is 20% above median its 10-year median of 10.99. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 15.67. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. Zotefoams' value of 13.15% is 40.2% above this industry median. Based on the distribution chart, Zotefoams ranks #534 out of 1611 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zotefoams has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zotefoams' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zotefoams ranks #534 out of 1611 companies for ROC (Joel Greenblatt) %. This puts Zotefoams in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.38. Zotefoams' value of 13.15% is 40.2% above this benchmark. Historically, Zotefoams' own ROC (Joel Greenblatt) % has ranged from 2.37 to 15.67 over the past decade. While the company's 10-year median is 10.99 vs. the industry median of 9.38, Zotefoams 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.38, based on 1,611 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. Zotefoams's current ROC (Joel Greenblatt) % of 13.15% is 40.2% 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 Zotefoams and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zotefoams's current ROC (Joel Greenblatt) % is 13.15%, which is 20% above median its own 10-year median of 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zotefoams stock overvalued right now?
Based on GuruFocus' analysis, Zotefoams (ZTFMF) is currently considered Fairly Valued. The stock's GF Value™ is $6.04, compared to a current price of $5.55 — trading 8.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.15%, which is 20% above median its 10-year median of 10.99 and 40.2% above the Chemicals industry median of 9.38. Zotefoams' overall GF Score™ is 74/100 with 10 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 Zotefoams (ZTFMF), the current ROC (Joel Greenblatt) % is 13.15% 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 Zotefoams (ZTFMF) Overvalued in 2026?

Based on GuruFocus' analysis, Zotefoams stock appears to be undervalued. The current stock price of $5.55 is trading 8.1% below its estimated GF Value™ of $6.04. GuruFocus considers Zotefoams to be Fairly Valued.

Key valuation signals for ZTFMF:

  • ROC (Joel Greenblatt) %: 13.15% (20% above median its 10-year median of 10.99)
  • GF Value™: $6.04 vs. price of $5.55 (8.1% below fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 40.2% above the Chemicals median (#534 of 1611)

No single metric tells the full story. See the ZTFMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zotefoams Business Description

Other Exchanges ZTFl:UKZTF:UK23Z:Germany
Address 602-3 Salisbury House, 29 Finsbury Circus, London, GBR, EC2M 7AQ
Zotefoams PLC is engaged in the manufacturing of polymer foam using bespoke autoclave technology to produce foams with attributes. Its block foams are sold under the AZOTE, T-FIT, ZOTEK, and other brand names. The company serves automotive, aerospace, packaging, industrial parts, marine, building and construction, military, medical, and sports and leisure industries. It has three main operating segments Polyolefin foams, High-Performance Products, and MuCell Extrusion LLC. The maximum revenue to the company is generated from the High-Performance Products.
74GF Score

Get the complete analysis for ZTFMF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.55
Price
$6.04
GF Value