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Bellsystem24 HoldingsFRA:B24 +0.69%71 ROC (Joel Greenblatt) % is 52.77% as of May. 2026, which is 26% above its 10-year median of 41.96. GuruFocus rates FRA:B24 with a GF Score™ of 71/100 and a GF Value™ of €7.41. The stock has 4 warning signs investors should review. Among 1,080 Business Services companies, Bellsystem24 Holdings ranks better than 69.26% 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. Bellsystem24 Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 52.77%.
The historical rank and industry rank for Bellsystem24 Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:B24'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 32.02 Med: 41.96 Max: 114.16
Current: 49.4
During the past 13 years, Bellsystem24 Holdings's highest ROC (Joel Greenblatt) % was 114.16%. The lowest was 32.02%. And the median was 41.96%.
FRA:B24's ROC (Joel Greenblatt) % is ranked better than 69.26% of 1080
companies
in the Business Services industry
Industry Median: 21.085
vs FRA:B24: 49.40
Bellsystem24 Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.30% per year.
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.
Bellsystem24 Holdings ROC (Joel Greenblatt) % Related Terms
Bellsystem24 Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Bellsystem24 Holdings'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.
FRA:B24 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Bellsystem24 Holdings'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.
Bellsystem24 Holdings ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Bellsystem24 Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bellsystem24 Holdings'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 (May. 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 52.77% mean?
Bellsystem24 Holdings (FRA:B24) has a ROC (Joel Greenblatt) % of 52.77% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bellsystem24 Holdings and its competitors. This is 26% above median its historical median of 41.96. Over the past decade, Bellsystem24 Holdings' ROC (Joel Greenblatt) % has ranged from 32.02 to 114.16. According to the industry distribution chart, Bellsystem24 Holdings ranks #332 out of 1080 companies in the Business Services industry, placing it in the top 30.7%.
Is Bellsystem24 Holdings' ROC (Joel Greenblatt) % too high?
Bellsystem24 Holdings' current ROC (Joel Greenblatt) % of 52.77% is 26% above median its 10-year median of 41.96. Over the past 10 years, this metric has ranged from a low of 32.02 to a high of 114.16. The Business Services industry median ROC (Joel Greenblatt) % is 21.09. Bellsystem24 Holdings' value of 52.77% is 150.3% above this industry median. Based on the distribution chart, Bellsystem24 Holdings ranks #332 out of 1080 companies in the Business Services industry, which is above the industry midpoint. Overall, Bellsystem24 Holdings has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Bellsystem24 Holdings' ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bellsystem24 Holdings ranks #332 out of 1080 companies for ROC (Joel Greenblatt) %. This puts Bellsystem24 Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.09. Bellsystem24 Holdings' value of 52.77% is 150.3% above this benchmark. Historically, Bellsystem24 Holdings' own ROC (Joel Greenblatt) % has ranged from 32.02 to 114.16 over the past decade. While the company's 10-year median is 41.96 vs. the industry median of 21.09, Bellsystem24 Holdings 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.09, based on 1,080 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. Bellsystem24 Holdings's current ROC (Joel Greenblatt) % of 52.77% is 150.3% 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 Bellsystem24 Holdings and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellsystem24 Holdings's current ROC (Joel Greenblatt) % is 52.77%, which is 26% above median its own 10-year median of 41.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellsystem24 Holdings stock overvalued right now?
Bellsystem24 Holdings (FRA:B24) has a current ROC (Joel Greenblatt) % of 52.77%. The stock's GF Value™ is €7.41, compared to a current price of €7.25 — trading 2.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 52.77%, which is 26% above median its 10-year median of 41.96 and 150.3% above the Business Services industry median of 21.09. Bellsystem24 Holdings' overall GF Score™ is 71/100 with 4 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 Bellsystem24 Holdings (FRA:B24), the current ROC (Joel Greenblatt) % is 52.77% as of May. 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 Bellsystem24 Holdings (FRA:B24) Overvalued in 2026?
Based on GuruFocus' analysis, Bellsystem24 Holdings stock appears to be undervalued.
The current stock price of €7.25 is trading 2.2% below its estimated GF Value™ of €7.41.
Key valuation signals for FRA:B24:
ROC (Joel Greenblatt) %: 52.77% (26% above median its 10-year median of 41.96)
GF Value™: €7.41 vs. price of €7.25 (2.2% below fair value)
Industry Position: 150.3% above the Business Services median (#332 of 1080)
No single metric tells the full story. See the FRA:B24 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bellsystem24 Holdings Inc is a holding company engaged in the business of contact center services. The company through its subsidiaries involves in various businesses which includes formulating group strategies, control group companies and distribute group's management resources. It also operates as a specialized research organization (SRO) that supports the development of pharmaceutical products and medical equipment.
71GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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