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Mensch und Maschine Software SEFRA:MUM +0.57%81 ROC (Joel Greenblatt) % is 206.26% as of Jun. 2026, which is 19% below its 10-year median of 253.11. GuruFocus rates FRA:MUM with a GF Score™ of 81/100 and a GF Value™ of €40.96 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,817 Software companies, Mensch und Maschine Software SE ranks better than 87.58% 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. Mensch und Maschine Software SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 206.26%.
The historical rank and industry rank for Mensch und Maschine Software SE's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:MUM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 135.93 Med: 253.11 Max: 441.71
Current: 272.43
During the past 13 years, Mensch und Maschine Software SE's highest ROC (Joel Greenblatt) % was 441.71%. The lowest was 135.93%. And the median was 253.11%.
FRA:MUM's ROC (Joel Greenblatt) % is ranked better than 87.58% of 2817
companies
in the Software industry
Industry Median: 20.25
vs FRA:MUM: 272.43
Mensch und Maschine Software SE (FRA:MUM) 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.
* 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.
Mensch und Maschine Software SE ROC (Joel Greenblatt) % Chart
FRA:MUM vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Mensch und Maschine Software SE'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.
Mensch und Maschine Software SE ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Mensch und Maschine Software SE's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mensch und Maschine Software SE's ROC (Joel Greenblatt) % falls into.
Mensch und Maschine Software SE 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 (Jun. 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 206.26% mean?
Mensch und Maschine Software SE (FRA:MUM) has a ROC (Joel Greenblatt) % of 206.26% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mensch und Maschine Software SE and its competitors. This is 19% below median its historical median of 253.11. Over the past decade, Mensch und Maschine Software SE's ROC (Joel Greenblatt) % has ranged from 135.93 to 441.71. According to the industry distribution chart, Mensch und Maschine Software SE ranks #350 out of 2817 companies in the Software industry, placing it in the top 12.4%.
Is Mensch und Maschine Software SE's ROC (Joel Greenblatt) % too high?
Mensch und Maschine Software SE's current ROC (Joel Greenblatt) % of 206.26% is 19% below median its 10-year median of 253.11. Over the past 10 years, this metric has ranged from a low of 135.93 to a high of 441.71. The Software industry median ROC (Joel Greenblatt) % is 20.25. Mensch und Maschine Software SE's value of 206.26% is 918.6% above this industry median. Based on the distribution chart, Mensch und Maschine Software SE ranks #350 out of 2817 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mensch und Maschine Software SE has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mensch und Maschine Software SE's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Mensch und Maschine Software SE ranks #350 out of 2817 companies for ROC (Joel Greenblatt) %. This places Mensch und Maschine Software SE in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.25. Mensch und Maschine Software SE's value of 206.26% is 918.6% above this benchmark. Historically, Mensch und Maschine Software SE's own ROC (Joel Greenblatt) % has ranged from 135.93 to 441.71 over the past decade. While the company's 10-year median is 253.11 vs. the industry median of 20.25, Mensch und Maschine Software SE 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.25, based on 2,817 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. Mensch und Maschine Software SE's current ROC (Joel Greenblatt) % of 206.26% is 918.6% 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 Mensch und Maschine Software SE and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mensch und Maschine Software SE's current ROC (Joel Greenblatt) % is 206.26%, which is 19% below median its own 10-year median of 253.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mensch und Maschine Software SE stock overvalued right now?
Based on GuruFocus' analysis, Mensch und Maschine Software SE (FRA:MUM) is currently considered Modestly Undervalued. The stock's GF Value™ is €40.96, compared to a current price of €35.00 — trading 14.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 206.26%, which is 19% below median its 10-year median of 253.11 and 918.6% above the Software industry median of 20.25. Mensch und Maschine Software SE's overall GF Score™ is 81/100 with 4 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 Mensch und Maschine Software SE (FRA:MUM), the current ROC (Joel Greenblatt) % is 206.26% as of Jun. 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 Mensch und Maschine Software SE (FRA:MUM) Overvalued in 2026?
Based on GuruFocus' analysis, Mensch und Maschine Software SE stock appears to be undervalued.
The current stock price of €35.00 is trading 14.6% below its estimated GF Value™ of €40.96.
GuruFocus considers Mensch und Maschine Software SE to be Modestly Undervalued.
Key valuation signals for FRA:MUM:
ROC (Joel Greenblatt) %: 206.26% (19% below median its 10-year median of 253.11)
GF Value™: €40.96 vs. price of €35.00 (14.6% below fair value)
Industry Position: 918.6% above the Software median (#350 of 2817)
No single metric tells the full story. See the FRA:MUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mensch und Maschine Software SE Business Description
Mensch und Maschine Software SE is a Germany-based company engaged in the provision of technical software and digitization solutions in the CAD/CAM/CAE (Computer Aided Design, Manufacturing & Engineering) and PDM/PLM (Product Data /Lifecycle Management) and BIM (Building Information Modeling / Management) areas. The company's business model is based on two segments: i) M+M Digitization: It develops software solutions for customers in several European countries, and ii) M+M software: The M+M software segment develops standard software for CAD/CAM, BIM/Engineering, Garden/ Landscaping, and CAE. The majority of the company's revenue is generated from the M+M Digitization segment.
81GF Score
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