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Terra Innovatum Global NVFRA:M2W -2.70%19 ROC (Joel Greenblatt) % is -10,246.43% as of Mar. 2026. GuruFocus rates FRA:M2W with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 505 Utilities - Regulated companies, Terra Innovatum Global NV ranks better than 99.8% 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. Terra Innovatum Global NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10,246.43%.
The historical rank and industry rank for Terra Innovatum Global NV's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:M2W'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -240 Med: 482871.07 Max: 965982.14
Current: 260501.62
During the past 3 years, Terra Innovatum Global NV's highest ROC (Joel Greenblatt) % was 965982.14%. The lowest was -240.00%. And the median was 482871.07%.
FRA:M2W's ROC (Joel Greenblatt) % is ranked better than 99.8% of 505
companies
in the Utilities - Regulated industry
Industry Median: 10.84
vs FRA:M2W: 260501.62
Terra Innovatum Global NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Terra Innovatum Global NV (FRA:M2W) 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.
Terra Innovatum Global NV ROC (Joel Greenblatt) % Related Terms
Terra Innovatum Global NV ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Terra Innovatum Global NV'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.
Terra Innovatum Global NV ROC (Joel Greenblatt) % Chart
FRA:M2W vs GNE, IMSR, SUME: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, Terra Innovatum Global NV'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.
Terra Innovatum Global NV ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Terra Innovatum Global NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Terra Innovatum Global NV's ROC (Joel Greenblatt) % falls into.
Terra Innovatum Global NV 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 -10,246.43% mean?
Terra Innovatum Global NV (FRA:M2W) has a ROC (Joel Greenblatt) % of -10,246.43% 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 Terra Innovatum Global NV and its competitors. According to the industry distribution chart, Terra Innovatum Global NV ranks #1 out of 505 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Terra Innovatum Global NV's ROC (Joel Greenblatt) % too high?
Terra Innovatum Global NV's current ROC (Joel Greenblatt) % is -10,246.43%. Based on the distribution chart, Terra Innovatum Global NV ranks #1 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Terra Innovatum Global NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Terra Innovatum Global NV's ROC (Joel Greenblatt) % compare to GNE and IMSR?
According to the Utilities - Regulated industry distribution chart, Terra Innovatum Global NV ranks #1 out of 505 companies for ROC (Joel Greenblatt) %. This places Terra Innovatum Global NV in the top 0% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.84. 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 10.84, 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. 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 Terra Innovatum Global NV and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terra Innovatum Global NV's current ROC (Joel Greenblatt) % is -10,246.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terra Innovatum Global NV stock overvalued right now?
Terra Innovatum Global NV (FRA:M2W) has a current ROC (Joel Greenblatt) % of -10,246.43%. The current ROC (Joel Greenblatt) % is -10,246.43%. Terra Innovatum Global NV's overall GF Score™ is 19/100 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 Terra Innovatum Global NV (FRA:M2W), the current ROC (Joel Greenblatt) % is -10,246.43% 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.
Terra Innovatum Global NV is a micro modular nuclear solutions company that aims to deliver reliable, low-cost, and zero-carbon power wherever energy demand is present through its first-of-a-kind reactor, SOLO. SOLO is compact yet extremely powerful, with one unit generating 1MWe of power, while designed with the strictest safety characteristics and the ability to run 24/7 without the need to refuel for 15 years. Its modular design aims to achieve maximum energy efficiency while significantly reducing the levelized cost of energy (LCOE). SOLO is built using off-the-shelf components and widely available fuel, low-enriched uranium (LEU), which de-risks its regulatory and commercial pathway.
19GF Score
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