EVTZF (Evertz Technologies) ROC (Joel Greenblatt) %: 62.35% (As of Apr. 2026) — 25% Above Median

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EVTZF Evertz Technologies Ltd EVTZF
76 GF Score
Price $12.17
GF Value $9.96
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Evertz Technologies ROC (Joel Greenblatt) %?

Evertz Technologies EVTZF 76 ROC (Joel Greenblatt) % is 62.35% as of Apr. 2026, which is 25% above its 10-year median of 49.72. GuruFocus rates EVTZF with a GF Score™ of 76/100 and a GF Value™ of $9.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,494 Hardware companies, Evertz Technologies ranks better than 91.78% 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. Evertz Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 62.35%.

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

EVTZF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 29.27   Med: 49.72   Max: 69.24
Current: 69.24

During the past 13 years, Evertz Technologies's highest ROC (Joel Greenblatt) % was 69.24%. The lowest was 29.27%. And the median was 49.72%.

EVTZF's ROC (Joel Greenblatt) % is ranked better than
91.78% of 2494 companies
in the Hardware industry
Industry Median: 10.42 vs EVTZF: 69.24

Evertz Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.00% per year.


Evertz Technologies  (OTCPK:EVTZF) 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.


Evertz Technologies ROC (Joel Greenblatt) % Related Terms


Evertz Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Evertz Technologies'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.

Evertz Technologies ROC (Joel Greenblatt) % Chart

Evertz Technologies Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.51 45.04 52.56 56.76 66.91

Evertz Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 55.60 54.92 84.80 78.46 62.35

EVTZF vs CSCO, CIEN, MSI: ROC (Joel Greenblatt) % Comparison

For the Communication Equipment subindustry, Evertz Technologies'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.


Evertz Technologies ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Evertz Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

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


EVTZF
76GF Score
Evertz Technologies Ltd EVTZF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evertz Technologies 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.012 + 141.905 + 10.187) - (56.62 + 79.987 + 7.505)
=60.992

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56.943 + 145.567 + 10.887) - (69.307 + 72.468 + 7.538)
=64.084

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Evertz Technologies for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=62.656/( ( (37.776 + max(60.992, 0)) + (38.126 + max(64.084, 0)) )/ 2 )
=62.656/( ( 98.768 + 102.21 )/ 2 )
=62.656/100.489
=62.35 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 62.35% mean?
Evertz Technologies (EVTZF) has a ROC (Joel Greenblatt) % of 62.35% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Evertz Technologies and its competitors. This is 25% above median its historical median of 49.72. Over the past decade, Evertz Technologies' ROC (Joel Greenblatt) % has ranged from 29.27 to 69.24. According to the industry distribution chart, Evertz Technologies ranks #205 out of 2494 companies in the Hardware industry, placing it in the top 8.2%.
Is Evertz Technologies' ROC (Joel Greenblatt) % too high?
Evertz Technologies' current ROC (Joel Greenblatt) % of 62.35% is 25% above median its 10-year median of 49.72. Over the past 10 years, this metric has ranged from a low of 29.27 to a high of 69.24. The Hardware industry median ROC (Joel Greenblatt) % is 10.42. Evertz Technologies' value of 62.35% is 498.4% above this industry median. Based on the distribution chart, Evertz Technologies ranks #205 out of 2494 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Evertz Technologies has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evertz Technologies' ROC (Joel Greenblatt) % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Evertz Technologies ranks #205 out of 2494 companies for ROC (Joel Greenblatt) %. This places Evertz Technologies in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.42. Evertz Technologies' value of 62.35% is 498.4% above this benchmark. Historically, Evertz Technologies' own ROC (Joel Greenblatt) % has ranged from 29.27 to 69.24 over the past decade. While the company's 10-year median is 49.72 vs. the industry median of 10.42, Evertz Technologies 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 10.42, based on 2,494 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. Evertz Technologies's current ROC (Joel Greenblatt) % of 62.35% is 498.4% 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 Evertz Technologies and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evertz Technologies's current ROC (Joel Greenblatt) % is 62.35%, which is 25% above median its own 10-year median of 49.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evertz Technologies (EVTZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.96, compared to a current price of $12.17 — trading 22.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 62.35%, which is 25% above median its 10-year median of 49.72 and 498.4% above the Hardware industry median of 10.42. Evertz Technologies' overall GF Score™ is 76/100 with 8 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 Evertz Technologies (EVTZF), the current ROC (Joel Greenblatt) % is 62.35% as of Apr. 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 Evertz Technologies (EVTZF) Overvalued in 2026?

Based on GuruFocus' analysis, Evertz Technologies stock appears to be overvalued. The current stock price of $12.17 is trading 22.2% above its estimated GF Value™ of $9.96. GuruFocus considers Evertz Technologies to be Modestly Overvalued.

Key valuation signals for EVTZF:

  • ROC (Joel Greenblatt) %: 62.35% (25% above median its 10-year median of 49.72)
  • GF Value™: $9.96 vs. price of $12.17 (22.2% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 498.4% above the Hardware median (#205 of 2494)

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


Evertz Technologies Business Description

Other Exchanges 74E:GermanyET:Canada
Address 5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
76GF Score

Get the complete analysis for EVTZF

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

$12.17
Price
$9.96
GF Value