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. SNP Schneider-Neureither & Partner SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 165.71%.
CHIX:SHFd'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -45.93 Med: 22.35 Max: 202.91
Current: 202.91
During the past 13 years, SNP Schneider-Neureither & Partner SE's highest ROC (Joel Greenblatt) % was 202.91%. The lowest was -45.93%. And the median was 22.35%.
CHIX:SHFd's ROC (Joel Greenblatt) % is ranked better than 84.11% of 2807
companies
in the Software industry
Industry Median: 19.62
vs CHIX:SHFd: 202.91
SNP Schneider-Neureither & Partner SE (CHIX:SHFd) 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.
* 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.
SNP Schneider-Neureither & Partner SE ROC (Joel Greenblatt) % Chart
CHIX:SHFD vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, SNP Schneider-Neureither & Partner SE'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.
SNP Schneider-Neureither & Partner SE ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, SNP Schneider-Neureither & Partner SE's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SNP Schneider-Neureither & Partner SE's ROC (Joel Greenblatt) % falls into.
SNP Schneider-Neureither & Partner SE 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 165.71% mean?
SNP Schneider-Neureither & Partner SE (CHIX:SHFD) has a ROC (Joel Greenblatt) % of 165.71% 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 SNP Schneider-Neureither & Partner SE and its competitors. This is 641% above median its historical median of 22.35. According to the industry distribution chart, SNP Schneider-Neureither & Partner SE ranks #446 out of 2807 companies in the Software industry, placing it in the top 15.9%.
Is SNP Schneider-Neureither & Partner SE's ROC (Joel Greenblatt) % too high?
SNP Schneider-Neureither & Partner SE's current ROC (Joel Greenblatt) % of 165.71% is 641% above median its 10-year median of 22.35. The Software industry median ROC (Joel Greenblatt) % is 19.62. SNP Schneider-Neureither & Partner SE's value of 165.71% is 744.6% above this industry median. Based on the distribution chart, SNP Schneider-Neureither & Partner SE ranks #446 out of 2807 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SNP Schneider-Neureither & Partner SE has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does SNP Schneider-Neureither & Partner SE's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, SNP Schneider-Neureither & Partner SE ranks #446 out of 2807 companies for ROC (Joel Greenblatt) %. This places SNP Schneider-Neureither & Partner SE in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.62. SNP Schneider-Neureither & Partner SE's value of 165.71% is 744.6% above this benchmark. While the company's 10-year median is 22.35 vs. the industry median of 19.62, SNP Schneider-Neureither & Partner SE 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 19.62, based on 2,807 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. SNP Schneider-Neureither & Partner SE's current ROC (Joel Greenblatt) % of 165.71% is 744.6% 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 SNP Schneider-Neureither & Partner SE and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SNP Schneider-Neureither & Partner SE's current ROC (Joel Greenblatt) % is 165.71%, which is 641% above median its own 10-year median of 22.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNP Schneider-Neureither & Partner SE stock overvalued right now?
SNP Schneider-Neureither & Partner SE (CHIX:SHFD) has a current ROC (Joel Greenblatt) % of 165.71%. The stock's GF Value™ is €25.04, compared to a current price of €25.00 — trading 0.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 165.71%, which is 641% above median its 10-year median of 22.35 and 744.6% above the Software industry median of 19.62. SNP Schneider-Neureither & Partner SE's overall GF Score™ is 83/100 with 2 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 SNP Schneider-Neureither & Partner SE (CHIX:SHFD), the current ROC (Joel Greenblatt) % is 165.71% 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 SNP Schneider-Neureither & Partner SE (CHIX:SHFD) Overvalued in 2026?
Based on GuruFocus' analysis, SNP Schneider-Neureither & Partner SE stock appears to be undervalued.
The current stock price of €25.00 is trading 0.2% below its estimated GF Value™ of €25.04.
Key valuation signals for CHIX:SHFD:
ROC (Joel Greenblatt) %: 165.71% (641% above median its 10-year median of 22.35)
GF Value™: €25.04 vs. price of €25.00 (0.2% below fair value)
Industry Position: 744.6% above the Software median (#446 of 2807)
No single metric tells the full story. See the CHIX:SHFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SNP Schneider-Neureither & Partner SE Business Description
SNP Schneider-Neureither & Partner SE is a software-oriented business consulting firm that specializes in the delivery of services in the area of data processing. It operates in three segments: Service, Software, and EXA. The service segment offers consulting and training services for corporate transformation processes. These services are offered in the context of IT data transformation projects, with the goal of changing and adapting enterprise resource planning systems. The software segment offers customers planning reliability and project transparency with its Data Transformation platform known as CrystalBridge. EXA segment provides transformation solutions in the area of financial management. The company generates majority of its revenue from the Service segment.
83GF Score
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