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. Precise Biometrics AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -200.51%.
The historical rank and industry rank for Precise Biometrics AB's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:PRECs'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2194.56 Med: -151.42 Max: 803.03
Current: -152.41
During the past 13 years, Precise Biometrics AB's highest ROC (Joel Greenblatt) % was 803.03%. The lowest was -2194.56%. And the median was -151.42%.
CHIX:PRECs's ROC (Joel Greenblatt) % is ranked worse than 93.52% of 1080
companies
in the Business Services industry
Industry Median: 20.91
vs CHIX:PRECs: -152.41
Precise Biometrics AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.70% per year.
Precise Biometrics AB (CHIX:PRECs) 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.
Precise Biometrics AB ROC (Joel Greenblatt) % Related Terms
Precise Biometrics AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Precise Biometrics AB'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.
Precise Biometrics AB ROC (Joel Greenblatt) % Chart
CHIX:PRECS vs ALLE, MSA, ADT: ROC (Joel Greenblatt) % Comparison
For the Security & Protection Services subindustry, Precise Biometrics AB'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.
Precise Biometrics AB ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Precise Biometrics AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Precise Biometrics AB's ROC (Joel Greenblatt) % falls into.
Precise Biometrics AB 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 -200.51% mean?
Precise Biometrics AB (CHIX:PRECS) has a ROC (Joel Greenblatt) % of -200.51% 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 Precise Biometrics AB and its competitors. According to the industry distribution chart, Precise Biometrics AB ranks #1010 out of 1080 companies in the Business Services industry, placing it in the top 93.5%.
Is Precise Biometrics AB's ROC (Joel Greenblatt) % too high?
Precise Biometrics AB's current ROC (Joel Greenblatt) % is -200.51%. Based on the distribution chart, Precise Biometrics AB ranks #1010 out of 1080 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Precise Biometrics AB has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Precise Biometrics AB's ROC (Joel Greenblatt) % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Precise Biometrics AB ranks #1010 out of 1080 companies for ROC (Joel Greenblatt) %. This places Precise Biometrics AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.91. 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 20.91, based on 1,080 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 Precise Biometrics AB and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precise Biometrics AB's current ROC (Joel Greenblatt) % is -200.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precise Biometrics AB stock overvalued right now?
Precise Biometrics AB (CHIX:PRECS) has a current ROC (Joel Greenblatt) % of -200.51%. The stock's GF Value™ is kr9.36, compared to a current price of kr8.02 — trading 14.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -200.51%. Precise Biometrics AB's overall GF Score™ is 48/100 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 Precise Biometrics AB (CHIX:PRECS), the current ROC (Joel Greenblatt) % is -200.51% 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 Precise Biometrics AB (CHIX:PRECS) Overvalued in 2026?
Based on GuruFocus' analysis, Precise Biometrics AB stock appears to be undervalued.
The current stock price of kr8.02 is trading 14.3% below its estimated GF Value™ of kr9.36.
Key valuation signals for CHIX:PRECS:
ROC (Joel Greenblatt) %: -200.51%
GF Value™: kr9.36 vs. price of kr8.02 (14.3% below fair value)
No single metric tells the full story. See the CHIX:PRECS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precise Biometrics AB is engaged in the business of developing and selling identification software for the authentication of people's identity in mobile phones, laptops, smart cards, and products with sensors. The company has two product segments: Digital Identity and Biometric Technologies. In the Biometric Technologies segment which generates key revenue, the company licenses, among other things, its fingerprint software to sensor manufacturers and includes products like BioMatch, BioLive, and BioEnhance. The Digital Identity segment offers system solutions for visitor management and physical biometric access. The company provides premium solutions that enable secure and seamless access to data, mobile devices, premises, and trusted identities.
48GF Score
Get the complete analysis for CHIX:PRECS
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:PRECS has been successfully added to your 
