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Excite Technology ServicesASX:EXT ROC (Joel Greenblatt) % is -202.36% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 2,809 Software companies, Excite Technology Services ranks worse than 81.59% 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. Excite Technology Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -202.36%.
The historical rank and industry rank for Excite Technology Services's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:EXT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -110480 Med: -833.68 Max: -194.81
Current: -194.81
During the past 13 years, Excite Technology Services's highest ROC (Joel Greenblatt) % was -194.81%. The lowest was -110480.00%. And the median was -833.68%.
ASX:EXT's ROC (Joel Greenblatt) % is ranked worse than 81.59% of 2809
companies
in the Software industry
Industry Median: 19.63
vs ASX:EXT: -194.81
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.
ASX:EXT vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Excite Technology Services'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.
Excite Technology Services ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Excite Technology Services's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Excite Technology Services'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 two times the semi-annual (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 -202.36% mean?
Excite Technology Services (ASX:EXT) has a ROC (Joel Greenblatt) % of -202.36% 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 Excite Technology Services and its competitors. According to the industry distribution chart, Excite Technology Services ranks #2292 out of 2809 companies in the Software industry, placing it in the top 81.6%.
Is Excite Technology Services' ROC (Joel Greenblatt) % too high?
Excite Technology Services' current ROC (Joel Greenblatt) % is -202.36%. Based on the distribution chart, Excite Technology Services ranks #2292 out of 2809 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Excite Technology Services' ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Excite Technology Services ranks #2292 out of 2809 companies for ROC (Joel Greenblatt) %. This places Excite Technology Services in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. 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 19.63, based on 2,809 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 Excite Technology Services and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excite Technology Services's current ROC (Joel Greenblatt) % is -202.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excite Technology Services stock overvalued right now?
Based on GuruFocus' analysis, Excite Technology Services (ASX:EXT) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 30% below its estimated fair value. The current ROC (Joel Greenblatt) % is -202.36%. 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 Excite Technology Services (ASX:EXT), the current ROC (Joel Greenblatt) % is -202.36% 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.
Excite Technology Services Ltd is a provider of software solutions. It is engaged in the development and commercialization of intellectual property in the field of data security technology. It helps businesses to discover, protect, and control sensitive information through platforms. The company serves the defense, education, financial services, government, healthcare, human resources, and legal industries. The group has a business presence in the USA, Australasia, the UK, Germany, and Singapore.
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