Societatea Energetica ElectricaFRA:ECEB +0.55%40 ROC (Joel Greenblatt) % is 185.72% as of Mar. 2026, which is 267% above its 10-year median of 50.55. GuruFocus rates FRA:ECEB with a GF Score™ of 40/100 and a GF Value™ of €3.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 505 Utilities - Regulated companies, Societatea Energetica Electrica ranks better than 93.07% 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 Energetica Electrica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 185.72%.
The historical rank and industry rank for Societatea Energetica Electrica's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:ECEB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.16 Med: 50.55 Max: 176.02
Current: 150.76
During the past 13 years, Societatea Energetica Electrica's highest ROC (Joel Greenblatt) % was 176.02%. The lowest was -71.16%. And the median was 50.55%.
FRA:ECEB's ROC (Joel Greenblatt) % is ranked better than 93.07% of 505
companies
in the Utilities - Regulated industry
Industry Median: 10.71
vs FRA:ECEB: 150.76
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:ECEB vs NEE, SO, DUK: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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 Energetica Electrica ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Societatea Energetica Electrica'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 185.72% mean?
Societatea Energetica Electrica (FRA:ECEB) has a ROC (Joel Greenblatt) % of 185.72% 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 Energetica Electrica and its competitors. This is 267% above median its historical median of 50.55. According to the industry distribution chart, Societatea Energetica Electrica ranks #35 out of 505 companies in the Utilities - Regulated industry, placing it in the top 6.9%.
Is Societatea Energetica Electrica's ROC (Joel Greenblatt) % too high?
Societatea Energetica Electrica's current ROC (Joel Greenblatt) % of 185.72% is 267% above median its 10-year median of 50.55. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.71. Societatea Energetica Electrica's value of 185.72% is 1634.1% above this industry median. Based on the distribution chart, Societatea Energetica Electrica ranks #35 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Societatea Energetica Electrica has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societatea Energetica Electrica's ROC (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Societatea Energetica Electrica ranks #35 out of 505 companies for ROC (Joel Greenblatt) %. This places Societatea Energetica Electrica in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.71. Societatea Energetica Electrica's value of 185.72% is 1634.1% above this benchmark. While the company's 10-year median is 50.55 vs. the industry median of 10.71, Societatea Energetica Electrica 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 10.71, based on 505 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 Energetica Electrica's current ROC (Joel Greenblatt) % of 185.72% is 1634.1% 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 Societatea Energetica Electrica and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societatea Energetica Electrica's current ROC (Joel Greenblatt) % is 185.72%, which is 267% above median its own 10-year median of 50.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societatea Energetica Electrica stock overvalued right now?
Based on GuruFocus' analysis, Societatea Energetica Electrica (FRA:ECEB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.33, compared to a current price of €7.34 — trading 120.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 185.72%, which is 267% above median its 10-year median of 50.55 and 1634.1% above the Utilities - Regulated industry median of 10.71. Societatea Energetica Electrica's overall GF Score™ is 40/100 with 9 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 Energetica Electrica (FRA:ECEB), the current ROC (Joel Greenblatt) % is 185.72% 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 Energetica Electrica (FRA:ECEB) Overvalued in 2026?
Based on GuruFocus' analysis, Societatea Energetica Electrica stock appears to be overvalued.
The current stock price of €7.34 is trading 120.4% above its estimated GF Value™ of €3.33.
GuruFocus considers Societatea Energetica Electrica to be Significantly Overvalued.
Key valuation signals for FRA:ECEB:
ROC (Joel Greenblatt) %: 185.72% (267% above median its 10-year median of 50.55)
GF Value™: €3.33 vs. price of €7.34 (120.4% above fair value)
Industry Position: 1634.1% above the Utilities - Regulated median (#35 of 505)
No single metric tells the full story. See the FRA:ECEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societatea Energetica Electrica Business Description
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.
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