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Interactive Brokers GroupFRA:KY6 -0.41%85 ROC (Joel Greenblatt) % is 57.64% as of Mar. 2026, which is 23% below its 10-year median of 75.29. GuruFocus rates FRA:KY6 with a GF Score™ of 85/100 and a GF Value™ of €35.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 677 Capital Markets companies, Interactive Brokers Group ranks better than 54.21% 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. Interactive Brokers Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 57.64%.
The historical rank and industry rank for Interactive Brokers Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:KY6'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.62 Med: 75.29 Max: 173.24
Current: 53.63
During the past 13 years, Interactive Brokers Group's highest ROC (Joel Greenblatt) % was 173.24%. The lowest was 31.62%. And the median was 75.29%.
FRA:KY6's ROC (Joel Greenblatt) % is ranked better than 54.21% of 677
companies
in the Capital Markets industry
Industry Median: 35.03
vs FRA:KY6: 53.63
Interactive Brokers Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.00% per year.
Interactive Brokers Group (FRA:KY6) 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.
Interactive Brokers Group ROC (Joel Greenblatt) % Related Terms
Interactive Brokers Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Interactive Brokers Group'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.
Interactive Brokers Group ROC (Joel Greenblatt) % Chart
FRA:KY6 vs LPLA, TW, CRCL: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Interactive Brokers Group'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.
Interactive Brokers Group ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Interactive Brokers Group's ROC (Joel Greenblatt) % falls into.
Interactive Brokers Group 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:
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 57.64% mean?
Interactive Brokers Group (FRA:KY6) has a ROC (Joel Greenblatt) % of 57.64% 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 Interactive Brokers Group and its competitors. This is 23% below median its historical median of 75.29. Over the past decade, Interactive Brokers Group's ROC (Joel Greenblatt) % has ranged from 31.62 to 173.24. According to the industry distribution chart, Interactive Brokers Group ranks #310 out of 677 companies in the Capital Markets industry, placing it in the top 45.8%.
Is Interactive Brokers Group's ROC (Joel Greenblatt) % too high?
Interactive Brokers Group's current ROC (Joel Greenblatt) % of 57.64% is 23% below median its 10-year median of 75.29. Over the past 10 years, this metric has ranged from a low of 31.62 to a high of 173.24. The Capital Markets industry median ROC (Joel Greenblatt) % is 35.03. Interactive Brokers Group's value of 57.64% is 64.5% above this industry median. Based on the distribution chart, Interactive Brokers Group ranks #310 out of 677 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Interactive Brokers Group has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Interactive Brokers Group's ROC (Joel Greenblatt) % compare to LPLA and TW?
According to the Capital Markets industry distribution chart, Interactive Brokers Group ranks #310 out of 677 companies for ROC (Joel Greenblatt) %. This puts Interactive Brokers Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 35.03. Interactive Brokers Group's value of 57.64% is 64.5% above this benchmark. Historically, Interactive Brokers Group's own ROC (Joel Greenblatt) % has ranged from 31.62 to 173.24 over the past decade. While the company's 10-year median is 75.29 vs. the industry median of 35.03, Interactive Brokers Group 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 35.03, based on 677 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. Interactive Brokers Group's current ROC (Joel Greenblatt) % of 57.64% is 64.5% 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 Interactive Brokers Group and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 35.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interactive Brokers Group's current ROC (Joel Greenblatt) % is 57.64%, which is 23% below median its own 10-year median of 75.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interactive Brokers Group stock overvalued right now?
Based on GuruFocus' analysis, Interactive Brokers Group (FRA:KY6) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.62, compared to a current price of €77.49 — trading 117.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 57.64%, which is 23% below median its 10-year median of 75.29 and 64.5% above the Capital Markets industry median of 35.03. Interactive Brokers Group's overall GF Score™ is 85/100 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 Interactive Brokers Group (FRA:KY6), the current ROC (Joel Greenblatt) % is 57.64% 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 Interactive Brokers Group (FRA:KY6) Overvalued in 2026?
Based on GuruFocus' analysis, Interactive Brokers Group stock appears to be overvalued.
The current stock price of €77.49 is trading 117.5% above its estimated GF Value™ of €35.62.
GuruFocus considers Interactive Brokers Group to be Significantly Overvalued.
Key valuation signals for FRA:KY6:
ROC (Joel Greenblatt) %: 57.64% (23% below median its 10-year median of 75.29)
GF Value™: €35.62 vs. price of €77.49 (117.5% above fair value)
Industry Position: 64.5% above the Capital Markets median (#310 of 677)
No single metric tells the full story. See the FRA:KY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 170 electronic exchanges, 40 countries, and 29 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.
85GF Score
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