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BIO-key InternationalBKYI -0.84%31 ROC (Joel Greenblatt) % is -678.10% as of Mar. 2026. GuruFocus rates BKYI with a GF Score™ of 31/100 and a GF Value™ of $2.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,081 Business Services companies, BIO-key International ranks worse than 99.07% 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. BIO-key International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -678.10%.
The historical rank and industry rank for BIO-key International's ROC (Joel Greenblatt) % or its related term are showing as below:
BKYI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4685 Med: -334.8 Max: -99.08
Current: -4685
During the past 13 years, BIO-key International's highest ROC (Joel Greenblatt) % was -99.08%. The lowest was -4685.00%. And the median was -334.80%.
BKYI's ROC (Joel Greenblatt) % is ranked worse than 99.07% of 1081
companies
in the Business Services industry
Industry Median: 21.22
vs BKYI: -4685.00
BIO-key International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -53.40% per year.
BIO-key International (NAS:BKYI) 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.
BIO-key International ROC (Joel Greenblatt) % Related Terms
BIO-key International ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for BIO-key International'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.
BIO-key International ROC (Joel Greenblatt) % Chart
BKYI vs IVDA, SUGP, AGSS: ROC (Joel Greenblatt) % Comparison
For the Security & Protection Services subindustry, BIO-key International'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.
BIO-key International ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, BIO-key International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BIO-key International's ROC (Joel Greenblatt) % falls into.
BIO-key International 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 -678.10% mean?
BIO-key International (BKYI) has a ROC (Joel Greenblatt) % of -678.10% 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 BIO-key International and its competitors. According to the industry distribution chart, BIO-key International ranks #1071 out of 1081 companies in the Business Services industry, placing it in the top 99.1%.
Is BIO-key International's ROC (Joel Greenblatt) % too high?
BIO-key International's current ROC (Joel Greenblatt) % is -678.10%. Based on the distribution chart, BIO-key International ranks #1071 out of 1081 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BIO-key International has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BIO-key International's ROC (Joel Greenblatt) % compare to IVDA and SUGP?
According to the Business Services industry distribution chart, BIO-key International ranks #1071 out of 1081 companies for ROC (Joel Greenblatt) %. This places BIO-key International in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.22. 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.22, based on 1,081 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 BIO-key International and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BIO-key International's current ROC (Joel Greenblatt) % is -678.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BIO-key International stock overvalued right now?
Based on GuruFocus' analysis, BIO-key International (BKYI) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.53, compared to a current price of $4.71 — trading 86.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is -678.10%. BIO-key International's overall GF Score™ is 31/100 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 BIO-key International (BKYI), the current ROC (Joel Greenblatt) % is -678.10% 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 BIO-key International (BKYI) Overvalued in 2026?
Based on GuruFocus' analysis, BIO-key International stock appears to be overvalued.
The current stock price of $4.71 is trading 86.2% above its estimated GF Value™ of $2.53.
GuruFocus considers BIO-key International to be Significantly Overvalued.
Key valuation signals for BKYI:
ROC (Joel Greenblatt) %: -678.10%
GF Value™: $2.53 vs. price of $4.71 (86.2% above fair value)
No single metric tells the full story. See the BKYI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BIO-key International Inc is a identity and access management (IAM) platform provider enabling secure work-from-anywhere for enterprise, education, and government customers using secure multi-factor authentication (MFA). Its products include PortalGuard and PortalGuard Identity-as-a-Service (IDaaS) enterprise IAM, WEB-key biometric civil and large-scale ID infrastructure, MobileAuth mobile phone authentication application for iOS and Android, and high-quality, low-cost accessory fingerprint scanner and FIDO-compliant hardware to provide a full and complete solution for identity-innovating customers. The company operates as one operating segment. Its solutions are Passwordless Authentication, Secure Roving Employees, Education, Financial Services, Government, Healthcare, Manufacturing, etc.
31GF Score
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