Padtec HoldingBSP:PDTC3 +5.97%66 ROC (Joel Greenblatt) % is 29.31% as of Mar. 2026, which is 43% below its 10-year median of 51.33. GuruFocus rates BSP:PDTC3 with a GF Score™ of 66/100 and a GF Value™ of R$1.52 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,487 Hardware companies, Padtec Holding ranks better than 67.03% 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. Padtec Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.31%.
The historical rank and industry rank for Padtec Holding's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:PDTC3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.62 Med: 51.33 Max: 24792.68
Current: 20.02
During the past 13 years, Padtec Holding's highest ROC (Joel Greenblatt) % was 24792.68%. The lowest was -4.62%. And the median was 51.33%.
BSP:PDTC3's ROC (Joel Greenblatt) % is ranked better than 67.03% of 2487
companies
in the Hardware industry
Industry Median: 10.44
vs BSP:PDTC3: 20.02
Padtec Holding'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.
Padtec Holding ROC (Joel Greenblatt) % Related Terms
Padtec Holding ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Padtec Holding'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.
BSP:PDTC3 vs CSCO, CIEN, MSI: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, Padtec Holding'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.
Padtec Holding ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Padtec Holding's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Padtec Holding'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 29.31% mean?
Padtec Holding (BSP:PDTC3) has a ROC (Joel Greenblatt) % of 29.31% 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 Padtec Holding and its competitors. This is 43% below median its historical median of 51.33. According to the industry distribution chart, Padtec Holding ranks #820 out of 2487 companies in the Hardware industry, placing it in the top 33%.
Is Padtec Holding's ROC (Joel Greenblatt) % too high?
Padtec Holding's current ROC (Joel Greenblatt) % of 29.31% is 43% below median its 10-year median of 51.33. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Padtec Holding's value of 29.31% is 180.7% above this industry median. Based on the distribution chart, Padtec Holding ranks #820 out of 2487 companies in the Hardware industry, which is above the industry midpoint. Overall, Padtec Holding has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Padtec Holding's ROC (Joel Greenblatt) % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Padtec Holding ranks #820 out of 2487 companies for ROC (Joel Greenblatt) %. This puts Padtec Holding in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. Padtec Holding's value of 29.31% is 180.7% above this benchmark. While the company's 10-year median is 51.33 vs. the industry median of 10.44, Padtec Holding 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 10.44, based on 2,487 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. Padtec Holding's current ROC (Joel Greenblatt) % of 29.31% is 180.7% 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 Padtec Holding and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Padtec Holding's current ROC (Joel Greenblatt) % is 29.31%, which is 43% below median its own 10-year median of 51.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Padtec Holding stock overvalued right now?
Based on GuruFocus' analysis, Padtec Holding (BSP:PDTC3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.52, compared to a current price of R$1.42 — trading 6.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.31%, which is 43% below median its 10-year median of 51.33 and 180.7% above the Hardware industry median of 10.44. Padtec Holding's overall GF Score™ is 66/100 with 6 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 Padtec Holding (BSP:PDTC3), the current ROC (Joel Greenblatt) % is 29.31% 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 Padtec Holding (BSP:PDTC3) Overvalued in 2026?
Based on GuruFocus' analysis, Padtec Holding stock appears to be undervalued.
The current stock price of R$1.42 is trading 6.6% below its estimated GF Value™ of R$1.52.
GuruFocus considers Padtec Holding to be Fairly Valued.
Key valuation signals for BSP:PDTC3:
ROC (Joel Greenblatt) %: 29.31% (43% below median its 10-year median of 51.33)
GF Value™: R$1.52 vs. price of R$1.42 (6.6% below fair value)
Industry Position: 180.7% above the Hardware median (#820 of 2487)
No single metric tells the full story. See the BSP:PDTC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Padtec Holding SA offers optical transmission solutions, based on DWDM technology. Its solutions and platform include Network backbones, Metropolitan Networks, SAN Extension, and DCI, MultiPad MPD-1200, LightPad i6400G, and others. The company provides its services to Government, Financial, Utilities and Integrator, IT and Multimedia, and others.
66GF Score
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