CommVault SystemsCVLT +0.05%81 ROC (Joel Greenblatt) % is 209.86% as of Mar. 2026, which is 2717% above its 10-year median of 7.45. GuruFocus rates CVLT with a GF Score™ of 81/100 and a GF Value™ of $158.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,800 Software companies, CommVault Systems ranks better than 86.96% 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. CommVault Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 209.86%.
The historical rank and industry rank for CommVault Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
CVLT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21.05 Med: 7.45 Max: 441.28
Current: 253.02
During the past 13 years, CommVault Systems's highest ROC (Joel Greenblatt) % was 441.28%. The lowest was -21.05%. And the median was 7.45%.
CVLT's ROC (Joel Greenblatt) % is ranked better than 86.96% of 2800
companies
in the Software industry
Industry Median: 19.625
vs CVLT: 253.02
CommVault Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
CommVault Systems (NAS:CVLT) 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.
CommVault Systems ROC (Joel Greenblatt) % Related Terms
CommVault Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for CommVault Systems'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.
CVLT vs NAVN, ESTC, PCTY: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, CommVault Systems'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.
CommVault Systems ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, CommVault Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CommVault Systems's ROC (Joel Greenblatt) % falls into.
CommVault Systems 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 209.86% mean?
CommVault Systems (CVLT) has a ROC (Joel Greenblatt) % of 209.86% 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 CommVault Systems and its competitors. This is 2717% above median its historical median of 7.45. According to the industry distribution chart, CommVault Systems ranks #365 out of 2800 companies in the Software industry, placing it in the top 13%.
Is CommVault Systems' ROC (Joel Greenblatt) % too high?
CommVault Systems' current ROC (Joel Greenblatt) % of 209.86% is 2717% above median its 10-year median of 7.45. The Software industry median ROC (Joel Greenblatt) % is 19.63. CommVault Systems' value of 209.86% is 969.4% above this industry median. Based on the distribution chart, CommVault Systems ranks #365 out of 2800 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CommVault Systems has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CommVault Systems' ROC (Joel Greenblatt) % compare to NAVN and ESTC?
According to the Software industry distribution chart, CommVault Systems ranks #365 out of 2800 companies for ROC (Joel Greenblatt) %. This places CommVault Systems in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. CommVault Systems' value of 209.86% is 969.4% above this benchmark. While the company's 10-year median is 7.45 vs. the industry median of 19.63, CommVault Systems 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 19.63, based on 2,800 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. CommVault Systems's current ROC (Joel Greenblatt) % of 209.86% is 969.4% 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 CommVault Systems and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CommVault Systems's current ROC (Joel Greenblatt) % is 209.86%, which is 2717% above median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CommVault Systems stock overvalued right now?
Based on GuruFocus' analysis, CommVault Systems (CVLT) is currently considered Fairly Valued. The stock's GF Value™ is $158.71, compared to a current price of $150.05 — trading 5.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 209.86%, which is 2717% above median its 10-year median of 7.45 and 969.4% above the Software industry median of 19.63. CommVault Systems' overall GF Score™ is 81/100 with 5 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 CommVault Systems (CVLT), the current ROC (Joel Greenblatt) % is 209.86% 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 CommVault Systems (CVLT) Overvalued in 2026?
Based on GuruFocus' analysis, CommVault Systems stock appears to be undervalued.
The current stock price of $150.05 is trading 5.5% below its estimated GF Value™ of $158.71.
GuruFocus considers CommVault Systems to be Fairly Valued.
Key valuation signals for CVLT:
ROC (Joel Greenblatt) %: 209.86% (2717% above median its 10-year median of 7.45)
GF Value™: $158.71 vs. price of $150.05 (5.5% below fair value)
Industry Position: 969.4% above the Software median (#365 of 2800)
No single metric tells the full story. See the CVLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services.
81GF Score
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