Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Donnelley Financial Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 440.04%.
The historical rank and industry rank for Donnelley Financial Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:1DN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.01 Med: 270.68 Max: 548.73
Current: 125.42
During the past 13 years, Donnelley Financial Solutions's highest ROC (Joel Greenblatt) % was 548.73%. The lowest was 8.01%. And the median was 270.68%.
FRA:1DN's ROC (Joel Greenblatt) % is ranked better than 76.51% of 2814
companies
in the Software industry
Industry Median: 20
vs FRA:1DN: 125.42
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.
* 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.
FRA:1DN vs AMPL, MITK, RDVT: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Donnelley Financial Solutions'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.
Donnelley Financial Solutions ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Donnelley Financial Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Donnelley Financial Solutions'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 440.04% mean?
Donnelley Financial Solutions (FRA:1DN) has a ROC (Joel Greenblatt) % of 440.04% 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 Donnelley Financial Solutions and its competitors. This is 63% above median its historical median of 270.68. Over the past decade, Donnelley Financial Solutions' ROC (Joel Greenblatt) % has ranged from 8.01 to 548.73. According to the industry distribution chart, Donnelley Financial Solutions ranks #661 out of 2814 companies in the Software industry, placing it in the top 23.5%.
Is Donnelley Financial Solutions' ROC (Joel Greenblatt) % too high?
Donnelley Financial Solutions' current ROC (Joel Greenblatt) % of 440.04% is 63% above median its 10-year median of 270.68. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 548.73. The Software industry median ROC (Joel Greenblatt) % is 20.00. Donnelley Financial Solutions' value of 440.04% is 2100.2% above this industry median. Based on the distribution chart, Donnelley Financial Solutions ranks #661 out of 2814 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Donnelley Financial Solutions has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Donnelley Financial Solutions' ROC (Joel Greenblatt) % compare to AMPL and MITK?
According to the Software industry distribution chart, Donnelley Financial Solutions ranks #661 out of 2814 companies for ROC (Joel Greenblatt) %. This places Donnelley Financial Solutions in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.00. Donnelley Financial Solutions' value of 440.04% is 2100.2% above this benchmark. Historically, Donnelley Financial Solutions' own ROC (Joel Greenblatt) % has ranged from 8.01 to 548.73 over the past decade. While the company's 10-year median is 270.68 vs. the industry median of 20.00, Donnelley Financial Solutions 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.00, based on 2,814 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. Donnelley Financial Solutions's current ROC (Joel Greenblatt) % of 440.04% is 2100.2% 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 Donnelley Financial Solutions and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donnelley Financial Solutions's current ROC (Joel Greenblatt) % is 440.04%, which is 63% above median its own 10-year median of 270.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donnelley Financial Solutions stock overvalued right now?
Donnelley Financial Solutions (FRA:1DN) has a current ROC (Joel Greenblatt) % of 440.04%. The stock's GF Value™ is €52.00, compared to a current price of €42.40 — trading 18.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 440.04%, which is 63% above median its 10-year median of 270.68 and 2100.2% above the Software industry median of 20.00. Donnelley Financial Solutions' overall GF Score™ is 64/100. 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 Donnelley Financial Solutions (FRA:1DN), the current ROC (Joel Greenblatt) % is 440.04% 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 Donnelley Financial Solutions (FRA:1DN) Overvalued in 2026?
Based on GuruFocus' analysis, Donnelley Financial Solutions stock appears to be undervalued.
The current stock price of €42.40 is trading 18.5% below its estimated GF Value™ of €52.00.
Key valuation signals for FRA:1DN:
ROC (Joel Greenblatt) %: 440.04% (63% above median its 10-year median of 270.68)
GF Value™: €52.00 vs. price of €42.40 (18.5% below fair value)
Industry Position: 2100.2% above the Software median (#661 of 2814)
No single metric tells the full story. See the FRA:1DN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Donnelley Financial Solutions Business Description
Donnelley Financial Solutions Inc is a risk and compliance software solutions and related services provider. The company provides regulatory filing and deal solutions via its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms. It operates in four reportable segments: Capital Markets - Software Solutions, Capital Markets - Compliance and Communications Management (its key revenue-generating segment), Investment Companies - Software Solutions, and Investment Companies - Compliance and Communications Management. Its geographical segments are the United States (USA), Europe, Asia, Canada, and Others, of which the USA accounts for the vast majority of its total revenue.
64GF Score
Get the complete analysis for FRA:1DN
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:1DN has been successfully added to your 
