Zurn Elkay Water SolutionsZWS +0.31%88 ROC (Joel Greenblatt) % is 74.97% as of Mar. 2026, which is 120% above its 10-year median of 34.07. GuruFocus rates ZWS with a GF Scoreâ„¢ of 88/100 and a GF Valueâ„¢ of $40.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,061 Industrial Products companies, Zurn Elkay Water Solutions ranks better than 93.14% 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. Zurn Elkay Water Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 74.97%.
The historical rank and industry rank for Zurn Elkay Water Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
ZWS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.61 Med: 34.07 Max: 67.99
Current: 67.99
During the past 13 years, Zurn Elkay Water Solutions's highest ROC (Joel Greenblatt) % was 67.99%. The lowest was 11.61%. And the median was 34.07%.
ZWS's ROC (Joel Greenblatt) % is ranked better than 93.14% of 3061
companies
in the Industrial Products industry
Industry Median: 11.69
vs ZWS: 67.99
Zurn Elkay Water Solutions (NYSE:ZWS) 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.
* 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.
Zurn Elkay Water Solutions ROC (Joel Greenblatt) % Chart
ZWS vs CECO, PCT, ERII: ROC (Joel Greenblatt) % Comparison
For the Pollution & Treatment Controls subindustry, Zurn Elkay Water Solutions'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.
Zurn Elkay Water Solutions ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zurn Elkay Water Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Zurn Elkay Water Solutions's ROC (Joel Greenblatt) % falls into.
Zurn Elkay Water Solutions 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 74.97% mean?
Zurn Elkay Water Solutions (ZWS) has a ROC (Joel Greenblatt) % of 74.97% 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 Zurn Elkay Water Solutions and its competitors. This is 120% above median its historical median of 34.07. Over the past decade, Zurn Elkay Water Solutions' ROC (Joel Greenblatt) % has ranged from 11.61 to 67.99. According to the industry distribution chart, Zurn Elkay Water Solutions ranks #210 out of 3061 companies in the Industrial Products industry, placing it in the top 6.9%.
Is Zurn Elkay Water Solutions' ROC (Joel Greenblatt) % too high?
Zurn Elkay Water Solutions' current ROC (Joel Greenblatt) % of 74.97% is 120% above median its 10-year median of 34.07. Over the past 10 years, this metric has ranged from a low of 11.61 to a high of 67.99. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Zurn Elkay Water Solutions' value of 74.97% is 541.3% above this industry median. Based on the distribution chart, Zurn Elkay Water Solutions ranks #210 out of 3061 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zurn Elkay Water Solutions has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurn Elkay Water Solutions' ROC (Joel Greenblatt) % compare to CECO and PCT?
According to the Industrial Products industry distribution chart, Zurn Elkay Water Solutions ranks #210 out of 3061 companies for ROC (Joel Greenblatt) %. This places Zurn Elkay Water Solutions in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. Zurn Elkay Water Solutions' value of 74.97% is 541.3% above this benchmark. Historically, Zurn Elkay Water Solutions' own ROC (Joel Greenblatt) % has ranged from 11.61 to 67.99 over the past decade. While the company's 10-year median is 34.07 vs. the industry median of 11.69, Zurn Elkay Water Solutions 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. Zurn Elkay Water Solutions's current ROC (Joel Greenblatt) % of 74.97% is 541.3% 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 Zurn Elkay Water Solutions 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. Zurn Elkay Water Solutions's current ROC (Joel Greenblatt) % is 74.97%, which is 120% above median its own 10-year median of 34.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurn Elkay Water Solutions stock overvalued right now?
Based on GuruFocus' analysis, Zurn Elkay Water Solutions (ZWS) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.37, compared to a current price of $49.16 — trading 21.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 74.97%, which is 120% above median its 10-year median of 34.07 and 541.3% above the Industrial Products industry median of 11.69. Zurn Elkay Water Solutions' overall GF Score™ is 88/100 with 4 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 Zurn Elkay Water Solutions (ZWS), the current ROC (Joel Greenblatt) % is 74.97% 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 Zurn Elkay Water Solutions (ZWS) Overvalued in 2026?
Based on GuruFocus' analysis, Zurn Elkay Water Solutions stock appears to be overvalued.
The current stock price of $49.16 is trading 21.8% above its estimated GF Value™ of $40.37.
GuruFocus considers Zurn Elkay Water Solutions to be Modestly Overvalued.
Key valuation signals for ZWS:
ROC (Joel Greenblatt) %: 74.97% (120% above median its 10-year median of 34.07)
GF Value™: $40.37 vs. price of $49.16 (21.8% above fair value)
Industry Position: 541.3% above the Industrial Products median (#210 of 3061)
No single metric tells the full story. See the ZWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zurn Elkay Water Solutions Corp is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety and the environment. Its product portfolio includes professional grade water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water products for public and private spaces that deliver superior value to building owners, positively impact the environment and human hygiene and reduce product installation time.
88GF Score
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