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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. Daily Journal's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2,624.67%.
The historical rank and industry rank for Daily Journal's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:DJ1'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1020.68 Med: 10.48 Max: 1664.67
Current: 216.41
During the past 13 years, Daily Journal's highest ROC (Joel Greenblatt) % was 1664.67%. The lowest was -1020.68%. And the median was 10.48%.
FRA:DJ1's ROC (Joel Greenblatt) % is ranked better than 84.94% of 2815
companies
in the Software industry
Industry Median: 19.89
vs FRA:DJ1: 216.41
Daily Journal's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Daily Journal ROC (Joel Greenblatt) % Related Terms
Daily Journal ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Daily Journal'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:DJ1 vs MITK, RDVT, GTM: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Daily Journal'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.
Daily Journal ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Daily Journal's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Daily Journal'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 -2,624.67% mean?
Daily Journal (FRA:DJ1) has a ROC (Joel Greenblatt) % of -2,624.67% 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 Daily Journal and its competitors. According to the industry distribution chart, Daily Journal ranks #424 out of 2815 companies in the Software industry, placing it in the top 15.1%.
Is Daily Journal's ROC (Joel Greenblatt) % too high?
Daily Journal's current ROC (Joel Greenblatt) % is -2,624.67%. Based on the distribution chart, Daily Journal ranks #424 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Daily Journal has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Daily Journal's ROC (Joel Greenblatt) % compare to MITK and RDVT?
According to the Software industry distribution chart, Daily Journal ranks #424 out of 2815 companies for ROC (Joel Greenblatt) %. This places Daily Journal in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.89. 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 19.89, based on 2,815 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. 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 Daily Journal and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daily Journal's current ROC (Joel Greenblatt) % is -2,624.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daily Journal stock overvalued right now?
Daily Journal (FRA:DJ1) has a current ROC (Joel Greenblatt) % of -2,624.67%. The stock's GF Value™ is €437.62, compared to a current price of €466.00 — trading 6.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -2,624.67%. Daily Journal's overall GF Score™ is 72/100 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 Daily Journal (FRA:DJ1), the current ROC (Joel Greenblatt) % is -2,624.67% 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 Daily Journal (FRA:DJ1) Overvalued in 2026?
Based on GuruFocus' analysis, Daily Journal stock appears to be overvalued.
The current stock price of €466.00 is trading 6.5% above its estimated GF Value™ of €437.62.
Key valuation signals for FRA:DJ1:
ROC (Joel Greenblatt) %: -2,624.67%
GF Value™: €437.62 vs. price of €466.00 (6.5% above fair value)
No single metric tells the full story. See the FRA:DJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daily Journal Corp publishes newspapers and websites covering California and Arizona and produces several specialized information services. The company operates in two segments: Traditional business and Journal Technologies which includes Journal Technologies, Inc. and Journal Technologies (Canada) Inc. It also serves as a newspaper representative specializing in public notice advertising. The majority of revenue is generated from the Traditional segment.
72GF Score
Get the complete analysis for FRA:DJ1
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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