Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Airship AI HoldingsAISP +2.27%12 ROC (Joel Greenblatt) % is -521.90% as of Mar. 2026. GuruFocus rates AISP with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 2,819 Software companies, Airship AI Holdings ranks worse than 88.19% 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. Airship AI Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -521.90%.
The historical rank and industry rank for Airship AI Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
AISP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15946.88 Med: -554.86 Max: 1704.05
Current: -650.86
During the past 5 years, Airship AI Holdings's highest ROC (Joel Greenblatt) % was 1704.05%. The lowest was -15946.88%. And the median was -554.86%.
AISP's ROC (Joel Greenblatt) % is ranked worse than 88.19% of 2819
companies
in the Software industry
Industry Median: 19.59
vs AISP: -650.86
Airship AI Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Airship AI Holdings (NAS:AISP) 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.
Airship AI Holdings ROC (Joel Greenblatt) % Related Terms
Airship AI Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Airship AI Holdings'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.
AISP vs GOAI, RPMT, FATN: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Airship AI Holdings'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.
Airship AI Holdings ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Airship AI Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Airship AI Holdings's ROC (Joel Greenblatt) % falls into.
Airship AI Holdings 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 -521.90% mean?
Airship AI Holdings (AISP) has a ROC (Joel Greenblatt) % of -521.90% 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 Airship AI Holdings and its competitors. According to the industry distribution chart, Airship AI Holdings ranks #2486 out of 2819 companies in the Software industry, placing it in the top 88.2%.
Is Airship AI Holdings' ROC (Joel Greenblatt) % too high?
Airship AI Holdings' current ROC (Joel Greenblatt) % is -521.90%. Based on the distribution chart, Airship AI Holdings ranks #2486 out of 2819 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Airship AI Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Airship AI Holdings' ROC (Joel Greenblatt) % compare to GOAI and RPMT?
According to the Software industry distribution chart, Airship AI Holdings ranks #2486 out of 2819 companies for ROC (Joel Greenblatt) %. This places Airship AI Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.59. 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 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. 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 Airship AI Holdings and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airship AI Holdings's current ROC (Joel Greenblatt) % is -521.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airship AI Holdings stock overvalued right now?
Airship AI Holdings (AISP) has a current ROC (Joel Greenblatt) % of -521.90%. The current ROC (Joel Greenblatt) % is -521.90%. Airship AI Holdings' overall GF Score™ is 12/100 with 3 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 Airship AI Holdings (AISP), the current ROC (Joel Greenblatt) % is -521.90% 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.
Airship AI Holdings Inc is a robust AI-driven data management platform that solves complex data challenges for large institutions operating in dynamic and mission-critical environments with rapidly increasing volumes of data being ingested from a similarly rapidly growing number of data sources. Its primary offerings include Outpost AI, Acropolis, and Airship Command. Its offerings allow customers to manage their data across the full data lifecycle, when and where need it, using a secure permission-based architecture. Airship AI's software allows customers to view structured data both in real-time as well as to conduct searches on the structured data at a later point in time.
12GF Score
Get the complete analysis for AISP
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AISP has been successfully added to your 
