Yubico AB (FRA:0FE) ROC (Joel Greenblatt) %: 9.21% (As of Mar. 2026) — 62% Below Median

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FRA:0FE Yubico AB FRA:0FE
58 GF Score
Price €5.38
GF Value €10.95
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Yubico AB ROC (Joel Greenblatt) %?

Yubico AB FRA:0FE 58 ROC (Joel Greenblatt) % is 9.21% as of Mar. 2026, which is 62% below its 10-year median of 24.48. GuruFocus rates FRA:0FE with a GF Score™ of 58/100 and a GF Value™ of €10.95 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,811 Software companies, Yubico AB ranks worse than 51.23% 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. Yubico AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.21%.

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

FRA:0FE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.23   Med: 24.48   Max: 78
Current: 17.23

During the past 6 years, Yubico AB's highest ROC (Joel Greenblatt) % was 78.00%. The lowest was -0.23%. And the median was 24.48%.

FRA:0FE's ROC (Joel Greenblatt) % is ranked worse than
51.23% of 2811 companies
in the Software industry
Industry Median: 19.63 vs FRA:0FE: 17.23

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


Yubico AB  (FRA:0FE) 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.


Yubico AB ROC (Joel Greenblatt) % Related Terms


Yubico AB ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Yubico 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.

Yubico AB ROC (Joel Greenblatt) % Chart

Yubico AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -0.23 12.16 45.82 77.10 25.17

Yubico AB 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 53.58 8.91 47.29 3.86 9.21

FRA:0FE vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Yubico 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.


Yubico AB ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Yubico AB's ROC (Joel Greenblatt) % distribution charts can be found below:

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


FRA:0FE
58GF Score
Yubico AB FRA:0FE
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yubico AB 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)
=(29.194 + 65.767 + 7.306) - (3.694 + 0 + 42.703)
=55.87

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.849 + 65.071 + 10.686) - (2.952 + 0 + 42.419)
=50.235

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yubico AB 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 )
=5.496/( ( (6.736 + max(55.87, 0)) + (6.517 + max(50.235, 0)) )/ 2 )
=5.496/( ( 62.606 + 56.752 )/ 2 )
=5.496/59.679
=9.21 %

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 9.21% mean?
Yubico AB (FRA:0FE) has a ROC (Joel Greenblatt) % of 9.21% 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 Yubico AB and its competitors. This is 62% below median its historical median of 24.48. According to the industry distribution chart, Yubico AB ranks #1440 out of 2811 companies in the Software industry, placing it in the top 51.2%.
Is Yubico AB's ROC (Joel Greenblatt) % too high?
Yubico AB's current ROC (Joel Greenblatt) % of 9.21% is 62% below median its 10-year median of 24.48. The Software industry median ROC (Joel Greenblatt) % is 19.63. Yubico AB's value of 9.21% is 53.1% below this industry median. Based on the distribution chart, Yubico AB ranks #1440 out of 2811 companies in the Software industry, which is below the industry midpoint. Overall, Yubico AB has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yubico AB's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Yubico AB ranks #1440 out of 2811 companies for ROC (Joel Greenblatt) %. This places Yubico AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Yubico AB's value of 9.21% is 53.1% below this benchmark. While the company's 10-year median is 24.48 vs. the industry median of 19.63, Yubico AB has consistently been below 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 2,811 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. Yubico AB's current ROC (Joel Greenblatt) % of 9.21% is 53.1% below 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 Yubico AB 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. Yubico AB's current ROC (Joel Greenblatt) % is 9.21%, which is 62% below median its own 10-year median of 24.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yubico AB stock overvalued right now?
Based on GuruFocus' analysis, Yubico AB (FRA:0FE) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.95, compared to a current price of €5.38 — trading 50.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.21%, which is 62% below median its 10-year median of 24.48 and 53.1% below the Software industry median of 19.63. Yubico AB's overall GF Score™ is 58/100 with 2 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 Yubico AB (FRA:0FE), the current ROC (Joel Greenblatt) % is 9.21% 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 Yubico AB (FRA:0FE) Overvalued in 2026?

Based on GuruFocus' analysis, Yubico AB stock appears to be undervalued. The current stock price of €5.38 is trading 50.9% below its estimated GF Value™ of €10.95. GuruFocus considers Yubico AB to be Significantly Undervalued.

Key valuation signals for FRA:0FE:

  • ROC (Joel Greenblatt) %: 9.21% (62% below median its 10-year median of 24.48)
  • GF Value™: €10.95 vs. price of €5.38 (50.9% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 53.1% below the Software median (#1440 of 2811)

No single metric tells the full story. See the FRA:0FE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yubico AB Business Description

Address Gavlegatan 22, Stockholm, SWE, 113 30
Yubico AB is a cybersecurity company specializing in secure authentication and identification solutions. The company's solutions are used by individuals, businesses, and organizations world-wide to protect against various types of cyberattacks such as phishing and account takeovers. Geographically, the company generates the majority of its revenue from the USA, and a smaller portion of revenue is derived from Germany and Sweden.
58GF Score

Get the complete analysis for FRA:0FE

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

€5.38
Price
€10.95
GF Value