Societatea Nationala Nuclearelectrica (FRA:53V) ROC (Joel Greenblatt) %: 32.74% (As of Mar. 2026) — 102% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:53V Societatea Nationala Nuclearelectrica SA FRA:53V
68 GF Score
Price €13.58
GF Value €9.05
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Societatea Nationala Nuclearelectrica ROC (Joel Greenblatt) %?

Societatea Nationala Nuclearelectrica FRA:53V +2.26% 68 ROC (Joel Greenblatt) % is 32.74% as of Mar. 2026, which is 102% above its 10-year median of 16.21. GuruFocus rates FRA:53V with a GF Score™ of 68/100 and a GF Value™ of €9.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 506 Utilities - Regulated companies, Societatea Nationala Nuclearelectrica ranks better than 81.62% 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. Societatea Nationala Nuclearelectrica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.74%.

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

FRA:53V' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.88   Med: 16.21   Max: 50.56
Current: 30.49

During the past 13 years, Societatea Nationala Nuclearelectrica's highest ROC (Joel Greenblatt) % was 50.56%. The lowest was 1.88%. And the median was 16.21%.

FRA:53V's ROC (Joel Greenblatt) % is ranked better than
81.62% of 506 companies
in the Utilities - Regulated industry
Industry Median: 10.845 vs FRA:53V: 30.49

Societatea Nationala Nuclearelectrica's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.20% per year.


Societatea Nationala Nuclearelectrica  (FRA:53V) 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.


Societatea Nationala Nuclearelectrica ROC (Joel Greenblatt) % Related Terms


Societatea Nationala Nuclearelectrica ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Societatea Nationala Nuclearelectrica'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.

Societatea Nationala Nuclearelectrica ROC (Joel Greenblatt) % Chart

Societatea Nationala Nuclearelectrica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.38 50.56 40.69 25.99 27.27

Societatea Nationala Nuclearelectrica Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 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 31.42 17.59 40.03 30.51 32.74

FRA:53V vs NEE, SO, DUK: ROC (Joel Greenblatt) % Comparison

For the Utilities - Regulated Electric subindustry, Societatea Nationala Nuclearelectrica'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.


Societatea Nationala Nuclearelectrica ROC (Joel Greenblatt) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Nationala Nuclearelectrica's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Societatea Nationala Nuclearelectrica's ROC (Joel Greenblatt) % falls into.


FRA:53V
68GF Score
Societatea Nationala Nuclearelectrica SA FRA:53V
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Societatea Nationala Nuclearelectrica 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)
=(63.166 + 309.938 + 37.295) - (198.518 + 0 + 69.363)
=142.518

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.838 + 298.122 + 30.619) - (256.342 + 0 + 70.073)
=65.164

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Societatea Nationala Nuclearelectrica 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 )
=776.268/( ( (2215.707 + max(142.518, 0)) + (2318.541 + max(65.164, 0)) )/ 2 )
=776.268/( ( 2358.225 + 2383.705 )/ 2 )
=776.268/2370.965
=32.74 %

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 32.74% mean?
Societatea Nationala Nuclearelectrica (FRA:53V) has a ROC (Joel Greenblatt) % of 32.74% 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 Societatea Nationala Nuclearelectrica and its competitors. This is 102% above median its historical median of 16.21. Over the past decade, Societatea Nationala Nuclearelectrica's ROC (Joel Greenblatt) % has ranged from 1.88 to 50.56. According to the industry distribution chart, Societatea Nationala Nuclearelectrica ranks #93 out of 506 companies in the Utilities - Regulated industry, placing it in the top 18.4%.
Is Societatea Nationala Nuclearelectrica's ROC (Joel Greenblatt) % too high?
Societatea Nationala Nuclearelectrica's current ROC (Joel Greenblatt) % of 32.74% is 102% above median its 10-year median of 16.21. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 50.56. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.85. Societatea Nationala Nuclearelectrica's value of 32.74% is 201.9% above this industry median. Based on the distribution chart, Societatea Nationala Nuclearelectrica ranks #93 out of 506 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Societatea Nationala Nuclearelectrica has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societatea Nationala Nuclearelectrica's ROC (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Societatea Nationala Nuclearelectrica ranks #93 out of 506 companies for ROC (Joel Greenblatt) %. This places Societatea Nationala Nuclearelectrica in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.85. Societatea Nationala Nuclearelectrica's value of 32.74% is 201.9% above this benchmark. Historically, Societatea Nationala Nuclearelectrica's own ROC (Joel Greenblatt) % has ranged from 1.88 to 50.56 over the past decade. While the company's 10-year median is 16.21 vs. the industry median of 10.85, Societatea Nationala Nuclearelectrica 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 - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.85, based on 506 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. Societatea Nationala Nuclearelectrica's current ROC (Joel Greenblatt) % of 32.74% is 201.9% 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 Societatea Nationala Nuclearelectrica and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societatea Nationala Nuclearelectrica's current ROC (Joel Greenblatt) % is 32.74%, which is 102% above median its own 10-year median of 16.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societatea Nationala Nuclearelectrica stock overvalued right now?
Based on GuruFocus' analysis, Societatea Nationala Nuclearelectrica (FRA:53V) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.05, compared to a current price of €13.58 — trading 50.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.74%, which is 102% above median its 10-year median of 16.21 and 201.9% above the Utilities - Regulated industry median of 10.85. Societatea Nationala Nuclearelectrica's overall GF Score™ is 68/100 with 5 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 Societatea Nationala Nuclearelectrica (FRA:53V), the current ROC (Joel Greenblatt) % is 32.74% 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 Societatea Nationala Nuclearelectrica (FRA:53V) Overvalued in 2026?

Based on GuruFocus' analysis, Societatea Nationala Nuclearelectrica stock appears to be overvalued. The current stock price of €13.58 is trading 50.1% above its estimated GF Value™ of €9.05. GuruFocus considers Societatea Nationala Nuclearelectrica to be Significantly Overvalued.

Key valuation signals for FRA:53V:

  • ROC (Joel Greenblatt) %: 32.74% (102% above median its 10-year median of 16.21)
  • GF Value™: €9.05 vs. price of €13.58 (50.1% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 201.9% above the Utilities - Regulated median (#93 of 506)

No single metric tells the full story. See the FRA:53V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Societatea Nationala Nuclearelectrica Business Description

Other Exchanges SNN:Romania0QHP:UK
Address Bulevardul Iancu de Hunedoara, Nr. 48, Sector 1, Bucharest, ROU, 010494
Societatea Nationala Nuclearelectrica SA is a Romania-based company whose core business is the production and delivery of electricity and heat. The Company acts as an electric and thermal energy producer, with its main activity being electricity generation. It also produces nuclear fuel in the form of CANDU (Canada Deuterium Uranium) fuel bundles used in its nuclear reactors. The Company sells electricity in Romania and abroad.
68GF Score

Get the complete analysis for FRA:53V

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

€13.58
Price
€9.05
GF Value