Asure SoftwareASUR +0.80%73 ROC (Joel Greenblatt) % is 28.30% as of Mar. 2026. GuruFocus rates ASUR with a GF Score™ of 73/100 and a GF Value™ of $9.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,807 Software companies, Asure Software ranks worse than 65.98% 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. Asure Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.30%.
The historical rank and industry rank for Asure Software's ROC (Joel Greenblatt) % or its related term are showing as below:
ASUR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -458.24 Med: -36.47 Max: 60
Current: -9.87
During the past 13 years, Asure Software's highest ROC (Joel Greenblatt) % was 60.00%. The lowest was -458.24%. And the median was -36.47%.
ASUR's ROC (Joel Greenblatt) % is ranked worse than 65.98% of 2807
companies
in the Software industry
Industry Median: 19.62
vs ASUR: -9.87
Asure Software's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Asure Software ROC (Joel Greenblatt) % Related Terms
Asure Software ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Asure Software'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.
ASUR vs IMMR, SMRT, LAW: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Asure Software'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.
Asure Software ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Asure Software's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asure Software's ROC (Joel Greenblatt) % falls into.
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 28.30% mean?
Asure Software (ASUR) has a ROC (Joel Greenblatt) % of 28.30% 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 Asure Software and its competitors. According to the industry distribution chart, Asure Software ranks #1852 out of 2807 companies in the Software industry, placing it in the top 66%.
Is Asure Software's ROC (Joel Greenblatt) % too high?
Asure Software's current ROC (Joel Greenblatt) % is 28.30%. The Software industry median ROC (Joel Greenblatt) % is 19.62. Asure Software's value of 28.30% is 44.2% above this industry median. Based on the distribution chart, Asure Software ranks #1852 out of 2807 companies in the Software industry, which is below the industry midpoint. Overall, Asure Software has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asure Software's ROC (Joel Greenblatt) % compare to IMMR and SMRT?
According to the Software industry distribution chart, Asure Software ranks #1852 out of 2807 companies for ROC (Joel Greenblatt) %. This places Asure Software in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.62. Asure Software's value of 28.30% is 44.2% above this benchmark. 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 19.62, based on 2,807 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. Asure Software's current ROC (Joel Greenblatt) % of 28.30% is 44.2% 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 Asure Software and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asure Software's current ROC (Joel Greenblatt) % is 28.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asure Software stock overvalued right now?
Based on GuruFocus' analysis, Asure Software (ASUR) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.87, compared to a current price of $8.16 — trading 17.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 28.30% and 44.2% above the Software industry median of 19.62. Asure Software's overall GF Score™ is 73/100 with 2 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 Asure Software (ASUR), the current ROC (Joel Greenblatt) % is 28.30% 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 Asure Software (ASUR) Overvalued in 2026?
Based on GuruFocus' analysis, Asure Software stock appears to be undervalued.
The current stock price of $8.16 is trading 17.3% below its estimated GF Value™ of $9.87.
GuruFocus considers Asure Software to be Modestly Undervalued.
Key valuation signals for ASUR:
ROC (Joel Greenblatt) %: 28.30%
GF Value™: $9.87 vs. price of $8.16 (17.3% below fair value)
Industry Position: 44.2% above the Software median (#1852 of 2807)
No single metric tells the full story. See the ASUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money, and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its products majorly in the United States.
73GF Score
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