Evolution ABEVVTY +1.73%94 ROC (Joel Greenblatt) % is 423.12% as of Mar. 2026, which is 37% above its 10-year median of 308.46. GuruFocus rates EVVTY with a GF Score™ of 94/100 and a GF Value™ of $113.63 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 847 Travel & Leisure companies, Evolution AB ranks better than 96.69% 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. Evolution AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 423.12%.
The historical rank and industry rank for Evolution AB's ROC (Joel Greenblatt) % or its related term are showing as below:
EVVTY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 158.65 Med: 308.46 Max: 462.33
Current: 455.8
During the past 13 years, Evolution AB's highest ROC (Joel Greenblatt) % was 462.33%. The lowest was 158.65%. And the median was 308.46%.
EVVTY's ROC (Joel Greenblatt) % is ranked better than 96.69% of 847
companies
in the Travel & Leisure industry
Industry Median: 9.92
vs EVVTY: 455.80
Evolution AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.40% per year.
Evolution AB (OTCPK:EVVTY) 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.
Evolution AB ROC (Joel Greenblatt) % Related Terms
Evolution AB ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Evolution 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.
EVVTY vs FLUT, DKNG, SGHC: ROC (Joel Greenblatt) % Comparison
For the Gambling subindustry, Evolution 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.
Evolution AB ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Evolution AB's ROC (Joel Greenblatt) % falls into.
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 423.12% mean?
Evolution AB (EVVTY) has a ROC (Joel Greenblatt) % of 423.12% 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 Evolution AB and its competitors. This is 37% above median its historical median of 308.46. Over the past decade, Evolution AB's ROC (Joel Greenblatt) % has ranged from 158.65 to 462.33. According to the industry distribution chart, Evolution AB ranks #28 out of 847 companies in the Travel & Leisure industry, placing it in the top 3.3%.
Is Evolution AB's ROC (Joel Greenblatt) % too high?
Evolution AB's current ROC (Joel Greenblatt) % of 423.12% is 37% above median its 10-year median of 308.46. Over the past 10 years, this metric has ranged from a low of 158.65 to a high of 462.33. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.92. Evolution AB's value of 423.12% is 4165.3% above this industry median. Based on the distribution chart, Evolution AB ranks #28 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution AB has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's ROC (Joel Greenblatt) % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #28 out of 847 companies for ROC (Joel Greenblatt) %. This places Evolution AB in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.92. Evolution AB's value of 423.12% is 4165.3% above this benchmark. Historically, Evolution AB's own ROC (Joel Greenblatt) % has ranged from 158.65 to 462.33 over the past decade. While the company's 10-year median is 308.46 vs. the industry median of 9.92, Evolution AB 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.92, based on 847 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. Evolution AB's current ROC (Joel Greenblatt) % of 423.12% is 4165.3% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current ROC (Joel Greenblatt) % is 423.12%, which is 37% above median its own 10-year median of 308.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (EVVTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $113.63, compared to a current price of $70.12 — trading 38.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 423.12%, which is 37% above median its 10-year median of 308.46 and 4165.3% above the Travel & Leisure industry median of 9.92. Evolution AB's overall GF Score™ is 94/100 with 1 warning sign 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 Evolution AB (EVVTY), the current ROC (Joel Greenblatt) % is 423.12% 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 Evolution AB (EVVTY) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued.
The current stock price of $70.12 is trading 38.3% below its estimated GF Value™ of $113.63.
GuruFocus considers Evolution AB to be Significantly Undervalued.
Key valuation signals for EVVTY:
ROC (Joel Greenblatt) %: 423.12% (37% above median its 10-year median of 308.46)
GF Value™: $113.63 vs. price of $70.12 (38.3% below fair value)
Industry Position: 4165.3% above the Travel & Leisure median (#28 of 847)
No single metric tells the full story. See the EVVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
94GF Score
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