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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. MAG Interactive AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was -15.12%.
The historical rank and industry rank for MAG Interactive AB's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:MHK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2342.44 Med: -0.95 Max: 267.09
Current: -34.51
During the past 11 years, MAG Interactive AB's highest ROC (Joel Greenblatt) % was 267.09%. The lowest was -2342.44%. And the median was -0.95%.
FRA:MHK's ROC (Joel Greenblatt) % is ranked worse than 66.85% of 549
companies
in the Interactive Media industry
Industry Median: 16.47
vs FRA:MHK: -34.51
MAG Interactive AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
MAG Interactive AB (FRA:MHK) 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.
MAG Interactive AB ROC (Joel Greenblatt) % Related Terms
MAG Interactive AB ROC (Joel Greenblatt) % Historical Data
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The historical data trend for MAG Interactive AB'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:MHK vs NTES, EA, TTWO: ROC (Joel Greenblatt) % Comparison
For the Electronic Gaming & Multimedia subindustry, MAG Interactive AB'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.
MAG Interactive AB ROC (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, MAG Interactive AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MAG Interactive AB's ROC (Joel Greenblatt) % falls into.
MAG Interactive AB 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 (May. 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 -15.12% mean?
MAG Interactive AB (FRA:MHK) has a ROC (Joel Greenblatt) % of -15.12% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on MAG Interactive AB and its competitors. According to the industry distribution chart, MAG Interactive AB ranks #367 out of 549 companies in the Interactive Media industry, placing it in the top 66.8%.
Is MAG Interactive AB's ROC (Joel Greenblatt) % too high?
MAG Interactive AB's current ROC (Joel Greenblatt) % is -15.12%. Based on the distribution chart, MAG Interactive AB ranks #367 out of 549 companies in the Interactive Media industry, which is below the industry midpoint. Overall, MAG Interactive AB has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does MAG Interactive AB's ROC (Joel Greenblatt) % compare to NTES and EA?
According to the Interactive Media industry distribution chart, MAG Interactive AB ranks #367 out of 549 companies for ROC (Joel Greenblatt) %. This places MAG Interactive AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 16.47. 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 Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 16.47, based on 549 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 MAG Interactive AB and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 16.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAG Interactive AB's current ROC (Joel Greenblatt) % is -15.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAG Interactive AB stock overvalued right now?
MAG Interactive AB (FRA:MHK) has a current ROC (Joel Greenblatt) % of -15.12%. The stock's GF Value™ is €0.72, compared to a current price of €0.65 — trading 10.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -15.12%. MAG Interactive AB's overall GF Score™ is 67/100 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 MAG Interactive AB (FRA:MHK), the current ROC (Joel Greenblatt) % is -15.12% as of May. 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 MAG Interactive AB (FRA:MHK) Overvalued in 2026?
Based on GuruFocus' analysis, MAG Interactive AB stock appears to be undervalued.
The current stock price of €0.65 is trading 10.3% below its estimated GF Value™ of €0.72.
Key valuation signals for FRA:MHK:
ROC (Joel Greenblatt) %: -15.12%
GF Value™: €0.72 vs. price of €0.65 (10.3% below fair value)
No single metric tells the full story. See the FRA:MHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAG Interactive AB is a Sweden based company that operates in the international games market as a developer and publisher of casual mobile games. The company's portfolio of games contains word games, puzzle game, and trivia games. The games of the company include ruzzle, word domination, wordbrain, wordbrain2, paint hit, quiz duel, qordalot, and ruzzle adventure. It generates revenue from In-app purchases and Advertising sales. Geographically, it derives a majority of revenue from Sweden.
67GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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