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Holding Co ADMIE (IPTO)FRA:08M -3.12%78 ROC (Joel Greenblatt) % is 6.62% as of Mar. 2026, which is 12% above its 10-year median of 5.90. GuruFocus rates FRA:08M with a GF Score™ of 78/100 and a GF Value™ of €2.92 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, Holding Co ADMIE (IPTO) ranks worse than 68.12% 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. Holding Co ADMIE (IPTO)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.62%.
The historical rank and industry rank for Holding Co ADMIE (IPTO)'s ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:08M'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.66 Med: 5.9 Max: 461220
Current: 2.66
During the past 9 years, Holding Co ADMIE (IPTO)'s highest ROC (Joel Greenblatt) % was 461220.00%. The lowest was 2.66%. And the median was 5.90%.
FRA:08M's ROC (Joel Greenblatt) % is ranked worse than 68.12% of 436
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.525
vs FRA:08M: 2.66
Holding Co ADMIE (IPTO)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.20% per year.
Holding Co ADMIE (IPTO) (FRA:08M) 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.
Holding Co ADMIE (IPTO) ROC (Joel Greenblatt) % Related Terms
Holding Co ADMIE (IPTO) ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Holding Co ADMIE (IPTO)'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.
Holding Co ADMIE (IPTO) ROC (Joel Greenblatt) % Chart
FRA:08M vs CEG, VST, NRG: ROC (Joel Greenblatt) % Comparison
For the Utilities - Independent Power Producers subindustry, Holding Co ADMIE (IPTO)'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.
Holding Co ADMIE (IPTO) ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Holding Co ADMIE (IPTO)'s ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Holding Co ADMIE (IPTO)'s ROC (Joel Greenblatt) % falls into.
Holding Co ADMIE (IPTO) 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 6.62% mean?
Holding Co ADMIE (IPTO) (FRA:08M) has a ROC (Joel Greenblatt) % of 6.62% 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 Holding Co ADMIE (IPTO) and its competitors. This is 12% above median its historical median of 5.90. Over the past decade, Holding Co ADMIE (IPTO)'s ROC (Joel Greenblatt) % has ranged from 2.66 to 461,220.00. According to the industry distribution chart, Holding Co ADMIE (IPTO) ranks #297 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 68.1%.
Is Holding Co ADMIE (IPTO)'s ROC (Joel Greenblatt) % too high?
Holding Co ADMIE (IPTO)'s current ROC (Joel Greenblatt) % of 6.62% is 12% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 461,220.00. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.53. Holding Co ADMIE (IPTO)'s value of 6.62% is 1.5% above this industry median. Based on the distribution chart, Holding Co ADMIE (IPTO) ranks #297 out of 436 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Holding Co ADMIE (IPTO) has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Holding Co ADMIE (IPTO)'s ROC (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Holding Co ADMIE (IPTO) ranks #297 out of 436 companies for ROC (Joel Greenblatt) %. This places Holding Co ADMIE (IPTO) in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.53. Holding Co ADMIE (IPTO)'s value of 6.62% is 1.5% above this benchmark. Historically, Holding Co ADMIE (IPTO)'s own ROC (Joel Greenblatt) % has ranged from 2.66 to 461,220.00 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 6.53, Holding Co ADMIE (IPTO) 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 an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.53, based on 436 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. Holding Co ADMIE (IPTO)'s current ROC (Joel Greenblatt) % of 6.62% is 1.5% 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 Holding Co ADMIE (IPTO) and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holding Co ADMIE (IPTO)'s current ROC (Joel Greenblatt) % is 6.62%, which is 12% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holding Co ADMIE (IPTO) stock overvalued right now?
Based on GuruFocus' analysis, Holding Co ADMIE (IPTO) (FRA:08M) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.92, compared to a current price of €4.35 — trading 49% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.62%, which is 12% above median its 10-year median of 5.90 and 1.5% above the Utilities - Independent Power Producers industry median of 6.53. Holding Co ADMIE (IPTO)'s overall GF Score™ is 78/100 with 12 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 Holding Co ADMIE (IPTO) (FRA:08M), the current ROC (Joel Greenblatt) % is 6.62% 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 Holding Co ADMIE (IPTO) (FRA:08M) Overvalued in 2026?
Based on GuruFocus' analysis, Holding Co ADMIE (IPTO) stock appears to be overvalued.
The current stock price of €4.35 is trading 49% above its estimated GF Value™ of €2.92.
GuruFocus considers Holding Co ADMIE (IPTO) to be Significantly Overvalued.
Key valuation signals for FRA:08M:
ROC (Joel Greenblatt) %: 6.62% (12% above median its 10-year median of 5.90)
GF Value™: €2.92 vs. price of €4.35 (49% above fair value)
Industry Position: 1.5% above the Utilities - Independent Power Producers median (#297 of 436)
No single metric tells the full story. See the FRA:08M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holding Co ADMIE (IPTO) SA, through its subsidiary, operates, maintains, and develops the Greek Electricity Transmission System to ensure the supply of electricity in the country in a safe, efficient and reliable manner. The firm defines its activity as System (Management of the Hellenic Electricity Transmission System); Market (Operation of the electricity markets that fall under the responsibilities of the System Operator); Cyprus-Greece Interconnection (Management of the Cyprus-Greece Interconnection). The company generates the majority of its revenue from the System segment.
78GF Score
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