Grupo Multi (BSP:MLAS3) ROC (Joel Greenblatt) %: 27.49% (As of Mar. 2026) — 84% Above Median


BSP:MLAS3 Grupo Multi SA BSP:MLAS3
73 GF Score
Price R$1.68
GF Value R$1.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Grupo Multi ROC (Joel Greenblatt) %?

Grupo Multi BSP:MLAS3 -1.18% 73 ROC (Joel Greenblatt) % is 27.49% as of Mar. 2026, which is 84% above its 10-year median of 14.90. GuruFocus rates BSP:MLAS3 with a GF Score™ of 73/100 and a GF Value™ of R$1.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,493 Hardware companies, Grupo Multi ranks better than 53.71% 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. Grupo Multi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.49%.

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

BSP:MLAS3' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.54   Med: 14.9   Max: 34.67
Current: 12.02

During the past 8 years, Grupo Multi's highest ROC (Joel Greenblatt) % was 34.67%. The lowest was -23.54%. And the median was 14.90%.

BSP:MLAS3's ROC (Joel Greenblatt) % is ranked better than
53.71% of 2493 companies
in the Hardware industry
Industry Median: 10.35 vs BSP:MLAS3: 12.02

Grupo Multi's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Grupo Multi  (BSP:MLAS3) 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.


Grupo Multi ROC (Joel Greenblatt) % Related Terms


Grupo Multi ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Grupo Multi'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.

Grupo Multi ROC (Joel Greenblatt) % Chart

Grupo Multi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 34.67 5.30 -23.54 -8.74 10.21

Grupo Multi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.83 7.12 16.43 -2.06 27.49

BSP:MLAS3 vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison

For the Electronics & Computer Distribution subindustry, Grupo Multi'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.


Grupo Multi ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Grupo Multi's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BSP:MLAS3
73GF Score
Grupo Multi SA BSP:MLAS3
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Multi 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1355.728 + 1301.451 + 340.173) - (1357.236 + 0 + 145.795)
=1494.321

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1274.831 + 1404.204 + 390.525) - (1337.448 + 0 + 121.262)
=1610.85

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Grupo Multi for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=539.416/( ( (411.669 + max(1494.321, 0)) + (407.826 + max(1610.85, 0)) )/ 2 )
=539.416/( ( 1905.99 + 2018.676 )/ 2 )
=539.416/1962.333
=27.49 %

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 27.49% mean?
Grupo Multi (BSP:MLAS3) has a ROC (Joel Greenblatt) % of 27.49% 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 Grupo Multi and its competitors. This is 84% above median its historical median of 14.90. According to the industry distribution chart, Grupo Multi ranks #1154 out of 2493 companies in the Hardware industry, placing it in the top 46.3%.
Is Grupo Multi's ROC (Joel Greenblatt) % too high?
Grupo Multi's current ROC (Joel Greenblatt) % of 27.49% is 84% above median its 10-year median of 14.90. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Grupo Multi's value of 27.49% is 165.6% above this industry median. Based on the distribution chart, Grupo Multi ranks #1154 out of 2493 companies in the Hardware industry, which is above the industry midpoint. Overall, Grupo Multi has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Multi's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, Grupo Multi ranks #1154 out of 2493 companies for ROC (Joel Greenblatt) %. This puts Grupo Multi in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.35. Grupo Multi's value of 27.49% is 165.6% above this benchmark. While the company's 10-year median is 14.90 vs. the industry median of 10.35, Grupo Multi 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,493 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. Grupo Multi's current ROC (Joel Greenblatt) % of 27.49% is 165.6% 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 Grupo Multi and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Multi's current ROC (Joel Greenblatt) % is 27.49%, which is 84% above median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Multi stock overvalued right now?
Based on GuruFocus' analysis, Grupo Multi (BSP:MLAS3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.84, compared to a current price of R$1.68 — trading 8.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.49%, which is 84% above median its 10-year median of 14.90 and 165.6% above the Hardware industry median of 10.35. Grupo Multi's overall GF Score™ is 73/100 with 8 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 Grupo Multi (BSP:MLAS3), the current ROC (Joel Greenblatt) % is 27.49% 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 Grupo Multi (BSP:MLAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Multi stock appears to be undervalued. The current stock price of R$1.68 is trading 8.7% below its estimated GF Value™ of R$1.84. GuruFocus considers Grupo Multi to be Fairly Valued.

Key valuation signals for BSP:MLAS3:

  • ROC (Joel Greenblatt) %: 27.49% (84% above median its 10-year median of 14.90)
  • GF Value™: R$1.84 vs. price of R$1.68 (8.7% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 165.6% above the Hardware median (#1154 of 2493)

No single metric tells the full story. See the BSP:MLAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Multi Business Description

Address Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Grupo Multi SA, formerly Multilaser Industrial Ltd is involved in the electronics and computer supplies segment. The company offers cell phones, smartphones, telecommunications, tools and electronics segments, and others.
73GF Score

Get the complete analysis for BSP:MLAS3

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

R$1.68
Price
R$1.84
GF Value