ECHO (EchoStar) ROC (Joel Greenblatt) %: 69.63% (As of Mar. 2026) — 1454% Above Median


ECHO EchoStar Corp ECHO
48 GF Score
Price $99.86
GF Value $19.76
Valuation Significantly Overvalued
! 10 Warning Signs
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What is EchoStar ROC (Joel Greenblatt) %?

EchoStar ECHO -0.42% 48 ROC (Joel Greenblatt) % is 69.63% as of Mar. 2026, which is 1454% above its 10-year median of 4.48. GuruFocus rates ECHO with a GF Score™ of 48/100 and a GF Value™ of $19.76 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 369 Telecommunication Services companies, EchoStar ranks worse than 94.04% 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. EchoStar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 69.63%.

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

ECHO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -261.27   Med: 4.48   Max: 138.27
Current: -261.27

During the past 13 years, EchoStar's highest ROC (Joel Greenblatt) % was 138.27%. The lowest was -261.27%. And the median was 4.48%.

ECHO's ROC (Joel Greenblatt) % is ranked worse than
94.04% of 369 companies
in the Telecommunication Services industry
Industry Median: 14.98 vs ECHO: -261.27

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


EchoStar  (NAS:ECHO) 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.


EchoStar ROC (Joel Greenblatt) % Related Terms


EchoStar ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for EchoStar'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.

EchoStar ROC (Joel Greenblatt) % Chart

EchoStar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.27 51.67 -15.77 3.24 -233.08

EchoStar 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 0.61 -3.73 -862.02 -98.41 69.63

ECHO vs CHTR, TIGO, LUMN: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, EchoStar'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.


EchoStar ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, EchoStar's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ECHO
48GF Score
EchoStar Corp ECHO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EchoStar 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)
=(1273.849 + 380.647 + 494.71) - (4402.977 + 639.173 + 0)
=-2892.944

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1258.708 + 395.123 + 379.506) - (4907.715 + 620.733 + 0)
=-3495.111

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of EchoStar 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 )
=1697.76/( ( (2458.064 + max(-2892.944, 0)) + (2418.206 + max(-3495.111, 0)) )/ 2 )
=1697.76/( ( 2458.064 + 2418.206 )/ 2 )
=1697.76/2438.135
=69.63 %

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 69.63% mean?
EchoStar (ECHO) has a ROC (Joel Greenblatt) % of 69.63% 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 EchoStar and its competitors. This is 1454% above median its historical median of 4.48. According to the industry distribution chart, EchoStar ranks #347 out of 369 companies in the Telecommunication Services industry, placing it in the top 94%.
Is EchoStar's ROC (Joel Greenblatt) % too high?
EchoStar's current ROC (Joel Greenblatt) % of 69.63% is 1454% above median its 10-year median of 4.48. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.98. EchoStar's value of 69.63% is 364.8% above this industry median. Based on the distribution chart, EchoStar ranks #347 out of 369 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, EchoStar has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EchoStar's ROC (Joel Greenblatt) % compare to CHTR and TIGO?
According to the Telecommunication Services industry distribution chart, EchoStar ranks #347 out of 369 companies for ROC (Joel Greenblatt) %. This places EchoStar in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.98. EchoStar's value of 69.63% is 364.8% above this benchmark. While the company's 10-year median is 4.48 vs. the industry median of 14.98, EchoStar 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.98, based on 369 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. EchoStar's current ROC (Joel Greenblatt) % of 69.63% is 364.8% 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 EchoStar and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EchoStar's current ROC (Joel Greenblatt) % is 69.63%, which is 1454% above median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EchoStar stock overvalued right now?
Based on GuruFocus' analysis, EchoStar (ECHO) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.76, compared to a current price of $99.86 — trading 405.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 69.63%, which is 1454% above median its 10-year median of 4.48 and 364.8% above the Telecommunication Services industry median of 14.98. EchoStar's overall GF Score™ is 48/100 with 10 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 EchoStar (ECHO), the current ROC (Joel Greenblatt) % is 69.63% 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 EchoStar (ECHO) Overvalued in 2026?

Based on GuruFocus' analysis, EchoStar stock appears to be overvalued. The current stock price of $99.86 is trading 405.4% above its estimated GF Value™ of $19.76. GuruFocus considers EchoStar to be Significantly Overvalued.

Key valuation signals for ECHO:

  • ROC (Joel Greenblatt) %: 69.63% (1454% above median its 10-year median of 4.48)
  • GF Value™: $19.76 vs. price of $99.86 (405.4% above fair value)
  • GF Score™: 48/100 with 10 warning signs
  • Industry Position: 364.8% above the Telecommunication Services median (#347 of 369)

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


EchoStar Business Description

Other Exchanges 1SATS:ItalyE20:Germany
Address 9601 South Meridian Boulevard, Englewood, CO, USA, 80112
Satellite television provides the bulk of EchoStar's revenue. The firm serves about 5 million US satellite customers, about 10% of the traditional television market. It also serves 2 million customers under the Sling brand. EchoStar has also amassed an extensive portfolio of spectrum licenses. It acquired Sprint's prepaid business, serving approximately 7 million customers, primarily under the Boost brand. The firm has agreed to sell a portion of its wireless licenses to AT&T and SpaceX, and will rely heavily on the AT&T network to serve customers. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 700,000 internet customers.
48GF Score

Get the complete analysis for ECHO

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

$99.86
Price
$19.76
GF Value