Danieli & C. Officine Meccaniche SpA (FRA:DAS0) ROC (Joel Greenblatt) %: 35.32% (As of Dec. 2025) — 140% Above Median


FRA:DAS0 Danieli & C. Officine Meccaniche SpA FRA:DAS0
67 GF Score
Price €46.50
GF Value €22.49
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Danieli & C. Officine Meccaniche SpA ROC (Joel Greenblatt) %?

Danieli & C. Officine Meccaniche SpA FRA:DAS0 +1.88% 67 ROC (Joel Greenblatt) % is 35.32% as of Dec. 2025, which is 140% above its 10-year median of 14.70. GuruFocus rates FRA:DAS0 with a GF Score™ of 67/100 and a GF Value™ of €22.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,061 Industrial Products companies, Danieli & C. Officine Meccaniche SpA ranks better than 79.65% 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. Danieli & C. Officine Meccaniche SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 35.32%.

The historical rank and industry rank for Danieli & C. Officine Meccaniche SpA's ROC (Joel Greenblatt) % or its related term are showing as below:

FRA:DAS0' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.85   Med: 14.7   Max: 32.29
Current: 31.49

During the past 13 years, Danieli & C. Officine Meccaniche SpA's highest ROC (Joel Greenblatt) % was 32.29%. The lowest was 7.85%. And the median was 14.70%.

FRA:DAS0's ROC (Joel Greenblatt) % is ranked better than
79.65% of 3061 companies
in the Industrial Products industry
Industry Median: 11.69 vs FRA:DAS0: 31.49

Danieli & C. Officine Meccaniche SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.00% per year.


Danieli & C. Officine Meccaniche SpA  (FRA:DAS0) 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.


Danieli & C. Officine Meccaniche SpA ROC (Joel Greenblatt) % Related Terms


Danieli & C. Officine Meccaniche SpA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Danieli & C. Officine Meccaniche SpA'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.

Danieli & C. Officine Meccaniche SpA ROC (Joel Greenblatt) % Chart

Danieli & C. Officine Meccaniche SpA Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.05 29.74 30.09 32.29 31.49

Danieli & C. Officine Meccaniche SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 25.37 40.03 34.00 27.77 35.32

FRA:DAS0 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Danieli & C. Officine Meccaniche SpA'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.


Danieli & C. Officine Meccaniche SpA ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Danieli & C. Officine Meccaniche SpA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Danieli & C. Officine Meccaniche SpA's ROC (Joel Greenblatt) % falls into.


FRA:DAS0
67GF Score
Danieli & C. Officine Meccaniche SpA FRA:DAS0
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Danieli & C. Officine Meccaniche SpA 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1310.759 + 650.011 + 446.819) - (1476.382 + 0 + 2922.965)
=-1991.758

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1058.097 + 659.98 + 423.19) - (1272.992 + 0 + 3160.266)
=-2291.991

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Danieli & C. Officine Meccaniche SpA for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=373.578/( ( (1070.349 + max(-1991.758, 0)) + (1045.116 + max(-2291.991, 0)) )/ 2 )
=373.578/( ( 1070.349 + 1045.116 )/ 2 )
=373.578/1057.7325
=35.32 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 35.32% mean?
Danieli & C. Officine Meccaniche SpA (FRA:DAS0) has a ROC (Joel Greenblatt) % of 35.32% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Danieli & C. Officine Meccaniche SpA and its competitors. This is 140% above median its historical median of 14.70. Over the past decade, Danieli & C. Officine Meccaniche SpA's ROC (Joel Greenblatt) % has ranged from 7.85 to 32.29. According to the industry distribution chart, Danieli & C. Officine Meccaniche SpA ranks #623 out of 3061 companies in the Industrial Products industry, placing it in the top 20.4%.
Is Danieli & C. Officine Meccaniche SpA's ROC (Joel Greenblatt) % too high?
Danieli & C. Officine Meccaniche SpA's current ROC (Joel Greenblatt) % of 35.32% is 140% above median its 10-year median of 14.70. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 32.29. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Danieli & C. Officine Meccaniche SpA's value of 35.32% is 202.1% above this industry median. Based on the distribution chart, Danieli & C. Officine Meccaniche SpA ranks #623 out of 3061 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Danieli & C. Officine Meccaniche SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danieli & C. Officine Meccaniche SpA's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Danieli & C. Officine Meccaniche SpA ranks #623 out of 3061 companies for ROC (Joel Greenblatt) %. This places Danieli & C. Officine Meccaniche SpA in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. Danieli & C. Officine Meccaniche SpA's value of 35.32% is 202.1% above this benchmark. Historically, Danieli & C. Officine Meccaniche SpA's own ROC (Joel Greenblatt) % has ranged from 7.85 to 32.29 over the past decade. While the company's 10-year median is 14.70 vs. the industry median of 11.69, Danieli & C. Officine Meccaniche SpA 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,061 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. Danieli & C. Officine Meccaniche SpA's current ROC (Joel Greenblatt) % of 35.32% is 202.1% 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 Danieli & C. Officine Meccaniche SpA and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danieli & C. Officine Meccaniche SpA's current ROC (Joel Greenblatt) % is 35.32%, which is 140% above median its own 10-year median of 14.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danieli & C. Officine Meccaniche SpA stock overvalued right now?
Based on GuruFocus' analysis, Danieli & C. Officine Meccaniche SpA (FRA:DAS0) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.49, compared to a current price of €46.50 — trading 106.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 35.32%, which is 140% above median its 10-year median of 14.70 and 202.1% above the Industrial Products industry median of 11.69. Danieli & C. Officine Meccaniche SpA's overall GF Score™ is 67/100 with 6 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 Danieli & C. Officine Meccaniche SpA (FRA:DAS0), the current ROC (Joel Greenblatt) % is 35.32% as of Dec. 2025. 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 Danieli & C. Officine Meccaniche SpA (FRA:DAS0) Overvalued in 2026?

Based on GuruFocus' analysis, Danieli & C. Officine Meccaniche SpA stock appears to be overvalued. The current stock price of €46.50 is trading 106.8% above its estimated GF Value™ of €22.49. GuruFocus considers Danieli & C. Officine Meccaniche SpA to be Significantly Overvalued.

Key valuation signals for FRA:DAS0:

  • ROC (Joel Greenblatt) %: 35.32% (140% above median its 10-year median of 14.70)
  • GF Value™: €22.49 vs. price of €46.50 (106.8% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 202.1% above the Industrial Products median (#623 of 3061)

No single metric tells the full story. See the FRA:DAS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Danieli & C. Officine Meccaniche SpA Business Description

Address Via Nazionale 41, Buttrio, Udine, ITA, 33042
Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.
67GF Score

Get the complete analysis for FRA:DAS0

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

€46.50
Price
€22.49
GF Value