Unifique Telecomunicacoes (BSP:FIQE3) ROC (Joel Greenblatt) %: 38.07% (As of Jun. 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:FIQE3 Unifique Telecomunicacoes SA BSP:FIQE3
93 GF Score
Price R$4.74
GF Value R$5.38
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Unifique Telecomunicacoes ROC (Joel Greenblatt) %?

Unifique Telecomunicacoes BSP:FIQE3 +1.94% 93 ROC (Joel Greenblatt) % is 38.07% as of Jun. 2026, which is 26% below its 10-year median of 51.61. GuruFocus rates BSP:FIQE3 with a GF Score™ of 93/100 and a GF Value™ of R$5.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 368 Telecommunication Services companies, Unifique Telecomunicacoes ranks better than 79.62% 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. Unifique Telecomunicacoes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 38.07%.

The historical rank and industry rank for Unifique Telecomunicacoes's ROC (Joel Greenblatt) % or its related term are showing as below:

BSP:FIQE3' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 40.03   Med: 51.61   Max: 58.65
Current: 40.03

During the past 7 years, Unifique Telecomunicacoes's highest ROC (Joel Greenblatt) % was 58.65%. The lowest was 40.03%. And the median was 51.61%.

BSP:FIQE3's ROC (Joel Greenblatt) % is ranked better than
79.62% of 368 companies
in the Telecommunication Services industry
Industry Median: 16.76 vs BSP:FIQE3: 40.03

Unifique Telecomunicacoes's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.80% per year.


Unifique Telecomunicacoes  (BSP:FIQE3) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Unifique Telecomunicacoes ROC (Joel Greenblatt) % Related Terms


Unifique Telecomunicacoes ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Unifique Telecomunicacoes'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.

Unifique Telecomunicacoes ROC (Joel Greenblatt) % Chart

Unifique Telecomunicacoes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 51.61 56.43 46.85 41.37 40.67

Unifique Telecomunicacoes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.06 43.58 42.09 37.39 38.07

BSP:FIQE3 vs VZ, TMUS, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Unifique Telecomunicacoes'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.


Unifique Telecomunicacoes ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Unifique Telecomunicacoes's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Unifique Telecomunicacoes's ROC (Joel Greenblatt) % falls into.


BSP:FIQE3
93GF Score
Unifique Telecomunicacoes SA BSP:FIQE3
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unifique Telecomunicacoes 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.245 + 12.141 + 51.648) - (275.399 + 0 + 23.617)
=-192.982

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.409 + 13.935 + 48.394) - (282.686 + 0 + 29.635)
=-208.583

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Unifique Telecomunicacoes for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=434.384/( ( (1095.152 + max(-192.982, 0)) + (1186.935 + max(-208.583, 0)) )/ 2 )
=434.384/( ( 1095.152 + 1186.935 )/ 2 )
=434.384/1141.0435
=38.07 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 38.07% mean?
Unifique Telecomunicacoes (BSP:FIQE3) has a ROC (Joel Greenblatt) % of 38.07% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Unifique Telecomunicacoes and its competitors. This is 26% below median its historical median of 51.61. Over the past decade, Unifique Telecomunicacoes' ROC (Joel Greenblatt) % has ranged from 40.03 to 58.65. According to the industry distribution chart, Unifique Telecomunicacoes ranks #75 out of 368 companies in the Telecommunication Services industry, placing it in the top 20.4%.
Is Unifique Telecomunicacoes' ROC (Joel Greenblatt) % too high?
Unifique Telecomunicacoes' current ROC (Joel Greenblatt) % of 38.07% is 26% below median its 10-year median of 51.61. Over the past 10 years, this metric has ranged from a low of 40.03 to a high of 58.65. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 16.76. Unifique Telecomunicacoes' value of 38.07% is 127.1% above this industry median. Based on the distribution chart, Unifique Telecomunicacoes ranks #75 out of 368 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Unifique Telecomunicacoes has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unifique Telecomunicacoes' ROC (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Unifique Telecomunicacoes ranks #75 out of 368 companies for ROC (Joel Greenblatt) %. This places Unifique Telecomunicacoes in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 16.76. Unifique Telecomunicacoes' value of 38.07% is 127.1% above this benchmark. Historically, Unifique Telecomunicacoes' own ROC (Joel Greenblatt) % has ranged from 40.03 to 58.65 over the past decade. While the company's 10-year median is 51.61 vs. the industry median of 16.76, Unifique Telecomunicacoes 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 16.76, based on 368 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. Unifique Telecomunicacoes's current ROC (Joel Greenblatt) % of 38.07% is 127.1% 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 Unifique Telecomunicacoes and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 16.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unifique Telecomunicacoes's current ROC (Joel Greenblatt) % is 38.07%, which is 26% below median its own 10-year median of 51.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unifique Telecomunicacoes stock overvalued right now?
Based on GuruFocus' analysis, Unifique Telecomunicacoes (BSP:FIQE3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.38, compared to a current price of R$4.74 — trading 11.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 38.07%, which is 26% below median its 10-year median of 51.61 and 127.1% above the Telecommunication Services industry median of 16.76. Unifique Telecomunicacoes' overall GF Score™ is 93/100 with 4 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 Unifique Telecomunicacoes (BSP:FIQE3), the current ROC (Joel Greenblatt) % is 38.07% as of Jun. 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 Unifique Telecomunicacoes (BSP:FIQE3) Overvalued in 2026?

Based on GuruFocus' analysis, Unifique Telecomunicacoes stock appears to be undervalued. The current stock price of R$4.74 is trading 11.9% below its estimated GF Value™ of R$5.38. GuruFocus considers Unifique Telecomunicacoes to be Modestly Undervalued.

Key valuation signals for BSP:FIQE3:

  • ROC (Joel Greenblatt) %: 38.07% (26% below median its 10-year median of 51.61)
  • GF Value™: R$5.38 vs. price of R$4.74 (11.9% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 127.1% above the Telecommunication Services median (#75 of 368)

No single metric tells the full story. See the BSP:FIQE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unifique Telecomunicacoes Business Description

Address R Duque De Caxias, 831, CENTRO, Timbo, SC, BRA, 89120-000
Unifique Telecomunicacoes SA is a fixed broadband operator in Brazil. Its services include internet, fixed-line telephony, mobile telephony, HD Pay TV, data ceter among others.
93GF Score

Get the complete analysis for BSP:FIQE3

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$4.74
Price
R$5.38
GF Value