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Columbus ASFRA:P1F -0.78%70 ROC (Joel Greenblatt) % is 61.29% as of Mar. 2026, which is 7% above its 10-year median of 57.42. GuruFocus rates FRA:P1F with a GF Score™ of 70/100 and a GF Value™ of €1.24. The stock has 5 warning signs investors should review. Among 2,810 Software companies, Columbus AS ranks better than 58.04% 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. Columbus AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 61.29%.
The historical rank and industry rank for Columbus AS's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:P1F'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.74 Med: 57.42 Max: 725.17
Current: 40.58
During the past 13 years, Columbus AS's highest ROC (Joel Greenblatt) % was 725.17%. The lowest was 15.74%. And the median was 57.42%.
FRA:P1F's ROC (Joel Greenblatt) % is ranked better than 58.04% of 2810
companies
in the Software industry
Industry Median: 19.94
vs FRA:P1F: 40.58
Columbus AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.20% per year.
Columbus AS (FRA:P1F) 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.
Columbus AS ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Columbus AS'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:P1F vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Columbus AS'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.
Columbus AS ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Columbus AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Columbus AS's ROC (Joel Greenblatt) % falls into.
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 61.29% mean?
Columbus AS (FRA:P1F) has a ROC (Joel Greenblatt) % of 61.29% 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 Columbus AS and its competitors. This is near median its historical median of 57.42. Over the past decade, Columbus AS's ROC (Joel Greenblatt) % has ranged from 15.74 to 725.17. According to the industry distribution chart, Columbus AS ranks #1179 out of 2810 companies in the Software industry, placing it in the top 42%.
Is Columbus AS's ROC (Joel Greenblatt) % too high?
Columbus AS's current ROC (Joel Greenblatt) % of 61.29% is near median its 10-year median of 57.42. Over the past 10 years, this metric has ranged from a low of 15.74 to a high of 725.17. The Software industry median ROC (Joel Greenblatt) % is 19.94. Columbus AS's value of 61.29% is 207.4% above this industry median. Based on the distribution chart, Columbus AS ranks #1179 out of 2810 companies in the Software industry, which is above the industry midpoint. Overall, Columbus AS has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Columbus AS's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Columbus AS ranks #1179 out of 2810 companies for ROC (Joel Greenblatt) %. This puts Columbus AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.94. Columbus AS's value of 61.29% is 207.4% above this benchmark. Historically, Columbus AS's own ROC (Joel Greenblatt) % has ranged from 15.74 to 725.17 over the past decade. While the company's 10-year median is 57.42 vs. the industry median of 19.94, Columbus AS 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 19.94, based on 2,810 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. Columbus AS's current ROC (Joel Greenblatt) % of 61.29% is 207.4% 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 Columbus AS and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Columbus AS's current ROC (Joel Greenblatt) % is 61.29%, which is near median its own 10-year median of 57.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbus AS stock overvalued right now?
Columbus AS (FRA:P1F) has a current ROC (Joel Greenblatt) % of 61.29%. The stock's GF Value™ is €1.24, compared to a current price of €1.28 — trading 2.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 61.29%, which is near median its 10-year median of 57.42 and 207.4% above the Software industry median of 19.94. Columbus AS's overall GF Score™ is 70/100 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 Columbus AS (FRA:P1F), the current ROC (Joel Greenblatt) % is 61.29% 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 Columbus AS (FRA:P1F) Overvalued in 2026?
Based on GuruFocus' analysis, Columbus AS stock appears to be overvalued.
The current stock price of €1.28 is trading 2.8% above its estimated GF Value™ of €1.24.
Key valuation signals for FRA:P1F:
ROC (Joel Greenblatt) %: 61.29% (near median its 10-year median of 57.42)
GF Value™: €1.24 vs. price of €1.28 (2.8% above fair value)
Industry Position: 207.4% above the Software median (#1179 of 2810)
No single metric tells the full story. See the FRA:P1F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Columbus AS is a digital consultancy company. The group specialises in solving complex challenges for customers in the manufacturing, retail and distribution, food and beverage, and life science industries. It delivers business-critical solutions in areas such as CloudERP, Data & Analytics, Application Management, Digital Commerce, Cybersecurity, AI Innovation, and ESG. The company's geographical segments include Sweden, Denmark, Norway, the UK, the U.S., and Other.
70GF Score
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