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Roper TechnologiesFRA:ROP +0.61%78 ROC (Joel Greenblatt) % is 1,876.17% as of Mar. 2026, which is 40% above its 10-year median of 1,340.24. GuruFocus rates FRA:ROP with a GF Score™ of 78/100 and a GF Value™ of €598.77 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,811 Software companies, Roper Technologies ranks better than 97.97% 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. Roper Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,876.17%.
The historical rank and industry rank for Roper Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:ROP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 806.12 Med: 1340.24 Max: 1862.18
Current: 1613.51
During the past 13 years, Roper Technologies's highest ROC (Joel Greenblatt) % was 1862.18%. The lowest was 806.12%. And the median was 1340.24%.
FRA:ROP's ROC (Joel Greenblatt) % is ranked better than 97.97% of 2811
companies
in the Software industry
Industry Median: 19.63
vs FRA:ROP: 1613.51
Roper Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.20% per year.
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.
Roper Technologies ROC (Joel Greenblatt) % Related Terms
Roper Technologies ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Roper Technologies'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:ROP vs PAYX, WDAY, MSTR: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Roper Technologies'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.
Roper Technologies ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Roper Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Roper Technologies'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 1,876.17% mean?
Roper Technologies (FRA:ROP) has a ROC (Joel Greenblatt) % of 1,876.17% 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 Roper Technologies and its competitors. This is 40% above median its historical median of 1,340.24. Over the past decade, Roper Technologies' ROC (Joel Greenblatt) % has ranged from 806.12 to 1,862.18. According to the industry distribution chart, Roper Technologies ranks #57 out of 2811 companies in the Software industry, placing it in the top 2%.
Is Roper Technologies' ROC (Joel Greenblatt) % too high?
Roper Technologies' current ROC (Joel Greenblatt) % of 1,876.17% is 40% above median its 10-year median of 1,340.24. Over the past 10 years, this metric has ranged from a low of 806.12 to a high of 1,862.18. The Software industry median ROC (Joel Greenblatt) % is 19.63. Roper Technologies' value of 1,876.17% is 9457.7% above this industry median. Based on the distribution chart, Roper Technologies ranks #57 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Roper Technologies has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Roper Technologies' ROC (Joel Greenblatt) % compare to PAYX and WDAY?
According to the Software industry distribution chart, Roper Technologies ranks #57 out of 2811 companies for ROC (Joel Greenblatt) %. This places Roper Technologies in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. Roper Technologies' value of 1,876.17% is 9457.7% above this benchmark. Historically, Roper Technologies' own ROC (Joel Greenblatt) % has ranged from 806.12 to 1,862.18 over the past decade. While the company's 10-year median is 1,340.24 vs. the industry median of 19.63, Roper Technologies 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 19.63, based on 2,811 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. Roper Technologies's current ROC (Joel Greenblatt) % of 1,876.17% is 9457.7% 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 Roper Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Roper Technologies's current ROC (Joel Greenblatt) % is 1,876.17%, which is 40% above median its own 10-year median of 1,340.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roper Technologies stock overvalued right now?
Based on GuruFocus' analysis, Roper Technologies (FRA:ROP) is currently considered Significantly Undervalued. The stock's GF Value™ is €598.77, compared to a current price of €313.00 — trading 47.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,876.17%, which is 40% above median its 10-year median of 1,340.24 and 9457.7% above the Software industry median of 19.63. Roper Technologies' overall GF Score™ is 78/100 with 3 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 Roper Technologies (FRA:ROP), the current ROC (Joel Greenblatt) % is 1,876.17% 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 Roper Technologies (FRA:ROP) Overvalued in 2026?
Based on GuruFocus' analysis, Roper Technologies stock appears to be undervalued.
The current stock price of €313.00 is trading 47.7% below its estimated GF Value™ of €598.77.
GuruFocus considers Roper Technologies to be Significantly Undervalued.
Key valuation signals for FRA:ROP:
ROC (Joel Greenblatt) %: 1,876.17% (40% above median its 10-year median of 1,340.24)
GF Value™: €598.77 vs. price of €313.00 (47.7% below fair value)
Industry Position: 9457.7% above the Software median (#57 of 2811)
No single metric tells the full story. See the FRA:ROP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Roper Technologies is a holding company focused on acquiring, managing, and developing niche market-leading technology businesses. The company operates a decentralized business model whereby each portfolio company operates independently from the others. Roper positions itself as a free cash flow compounder, whereby excess free cash flow generated by its portfolio businesses is repatriated to the parent company, which is then utilized to acquire additional businesses. Presently, the company operates 30 distinct businesses with over three-fourths of the revenue coming from software products and over two-thirds of revenue coming from recurring and reoccurring sources.
78GF Score
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