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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. Tenet Fintech Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4,650.41%.
The historical rank and industry rank for Tenet Fintech Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:P0T'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14233.33 Med: -391.71 Max: -61.39
Current: -378.11
During the past 13 years, Tenet Fintech Group's highest ROC (Joel Greenblatt) % was -61.39%. The lowest was -14233.33%. And the median was -391.71%.
FRA:P0T's ROC (Joel Greenblatt) % is ranked worse than 85.65% of 2816
companies
in the Software industry
Industry Median: 20.03
vs FRA:P0T: -378.11
Tenet Fintech Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -39.70% per year.
Tenet Fintech Group (FRA:P0T) 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.
Tenet Fintech Group ROC (Joel Greenblatt) % Related Terms
Tenet Fintech Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Tenet Fintech 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.
FRA:P0T vs SSGC, RKTO, AUID: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Tenet Fintech 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.
Tenet Fintech Group ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Tenet Fintech Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tenet Fintech Group's ROC (Joel Greenblatt) % falls into.
Tenet Fintech 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 4,650.41% mean?
Tenet Fintech Group (FRA:P0T) has a ROC (Joel Greenblatt) % of 4,650.41% 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 Tenet Fintech Group and its competitors. According to the industry distribution chart, Tenet Fintech Group ranks #2412 out of 2816 companies in the Software industry, placing it in the top 85.7%.
Is Tenet Fintech Group's ROC (Joel Greenblatt) % too high?
Tenet Fintech Group's current ROC (Joel Greenblatt) % is 4,650.41%. The Software industry median ROC (Joel Greenblatt) % is 20.03. Tenet Fintech Group's value of 4,650.41% is 23117.2% above this industry median. Based on the distribution chart, Tenet Fintech Group ranks #2412 out of 2816 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tenet Fintech Group has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Fintech Group's ROC (Joel Greenblatt) % compare to SSGC and RKTO?
According to the Software industry distribution chart, Tenet Fintech Group ranks #2412 out of 2816 companies for ROC (Joel Greenblatt) %. This places Tenet Fintech Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.03. Tenet Fintech Group's value of 4,650.41% is 23117.2% above this benchmark. 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 20.03, based on 2,816 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. Tenet Fintech Group's current ROC (Joel Greenblatt) % of 4,650.41% is 23117.2% 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 Tenet Fintech Group and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Fintech Group's current ROC (Joel Greenblatt) % is 4,650.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Fintech Group stock overvalued right now?
Based on GuruFocus' analysis, Tenet Fintech Group (FRA:P0T) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.09 — trading 185% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4,650.41% and 23117.2% above the Software industry median of 20.03. Tenet Fintech Group's overall GF Score™ is 34/100 with 6 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 Tenet Fintech Group (FRA:P0T), the current ROC (Joel Greenblatt) % is 4,650.41% 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 Tenet Fintech Group (FRA:P0T) Overvalued in 2026?
Based on GuruFocus' analysis, Tenet Fintech Group stock appears to be overvalued.
The current stock price of €0.09 is trading 185% above its estimated GF Value™ of €0.03.
GuruFocus considers Tenet Fintech Group to be Significantly Overvalued.
Key valuation signals for FRA:P0T:
ROC (Joel Greenblatt) %: 4,650.41%
GF Value™: €0.03 vs. price of €0.09 (185% above fair value)
Industry Position: 23117.2% above the Software median (#2412 of 2816)
No single metric tells the full story. See the FRA:P0T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenet Fintech Group Inc is the parent company of a group of FinTech and AI companies. Together with its subsidiaries, It provides various analytics and AI-based services to businesses and financial institutions through the Business Hub, a ecosystem where analytics and AI are used to create opportunities and facilitate business-to-business transactions among its members.
34GF Score
Get the complete analysis for FRA:P0T
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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