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ACE Software ExportsBOM:890230 +8.71%57 ROC (Joel Greenblatt) % is 26.17% as of Mar. 2026, which is 228% above its 10-year median of 7.98. GuruFocus rates BOM:890230 with a GF Score™ of 57/100 and a GF Value™ of ₹70.62 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,815 Software companies, ACE Software Exports ranks better than 51.97% 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. ACE Software Exports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.17%.
The historical rank and industry rank for ACE Software Exports's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:890230'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.02 Med: 7.98 Max: 110.35
Current: 24.33
During the past 13 years, ACE Software Exports's highest ROC (Joel Greenblatt) % was 110.35%. The lowest was -23.02%. And the median was 7.98%.
BOM:890230's ROC (Joel Greenblatt) % is ranked better than 51.97% of 2815
companies
in the Software industry
Industry Median: 19.89
vs BOM:890230: 24.33
ACE Software Exports'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.
ACE Software Exports ROC (Joel Greenblatt) % Related Terms
ACE Software Exports ROC (Joel Greenblatt) % Historical Data
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The historical data trend for ACE Software Exports'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.
BOM:890230 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, ACE Software Exports'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.
ACE Software Exports ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, ACE Software Exports's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ACE Software Exports'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 26.17% mean?
ACE Software Exports (BOM:890230) has a ROC (Joel Greenblatt) % of 26.17% 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 ACE Software Exports and its competitors. This is 228% above median its historical median of 7.98. According to the industry distribution chart, ACE Software Exports ranks #1352 out of 2815 companies in the Software industry, placing it in the top 48%.
Is ACE Software Exports' ROC (Joel Greenblatt) % too high?
ACE Software Exports' current ROC (Joel Greenblatt) % of 26.17% is 228% above median its 10-year median of 7.98. The Software industry median ROC (Joel Greenblatt) % is 19.89. ACE Software Exports' value of 26.17% is 31.6% above this industry median. Based on the distribution chart, ACE Software Exports ranks #1352 out of 2815 companies in the Software industry, which is above the industry midpoint. Overall, ACE Software Exports has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACE Software Exports' ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, ACE Software Exports ranks #1352 out of 2815 companies for ROC (Joel Greenblatt) %. This puts ACE Software Exports in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.89. ACE Software Exports' value of 26.17% is 31.6% above this benchmark. While the company's 10-year median is 7.98 vs. the industry median of 19.89, ACE Software Exports 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 a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.89, based on 2,815 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. ACE Software Exports's current ROC (Joel Greenblatt) % of 26.17% is 31.6% 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 ACE Software Exports and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACE Software Exports's current ROC (Joel Greenblatt) % is 26.17%, which is 228% above median its own 10-year median of 7.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACE Software Exports stock overvalued right now?
Based on GuruFocus' analysis, ACE Software Exports (BOM:890230) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹70.62, compared to a current price of ₹80.00 — trading 13.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 26.17%, which is 228% above median its 10-year median of 7.98 and 31.6% above the Software industry median of 19.89. ACE Software Exports' overall GF Score™ is 57/100 with 7 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 ACE Software Exports (BOM:890230), the current ROC (Joel Greenblatt) % is 26.17% 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 ACE Software Exports (BOM:890230) Overvalued in 2026?
Based on GuruFocus' analysis, ACE Software Exports stock appears to be overvalued.
The current stock price of ₹80.00 is trading 13.3% above its estimated GF Value™ of ₹70.62.
GuruFocus considers ACE Software Exports to be Modestly Overvalued.
Key valuation signals for BOM:890230:
ROC (Joel Greenblatt) %: 26.17% (228% above median its 10-year median of 7.98)
GF Value™: ₹70.62 vs. price of ₹80.00 (13.3% above fair value)
Industry Position: 31.6% above the Software median (#1352 of 2815)
No single metric tells the full story. See the BOM:890230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACE Software Exports Ltd operates in the business of software database creation. It provides document management, digital publishing, and data conversion solutions using process engineering and cost-effective and flexible conversion systems. The firm operates under a single segment namely Computer Software and Services Exports. The company is engaged in the exports of computer software and service. The company's business relates to database creation pertaining to Information technology-enabled services, which include creating large volume full text, and image-based databases. The company derives the majority of its revenue from the sale of software.
57GF Score
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