Directa Sim SpAFRA:ZP7 56 ROC (Joel Greenblatt) % is 26.34% as of Dec. 2025, which is 43% below its 10-year median of 45.93. GuruFocus rates FRA:ZP7 with a GF Score™ of 56/100 and a GF Value™ of €4.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 678 Capital Markets companies, Directa Sim SpA ranks worse than 51.92% 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. Directa Sim SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.34%.
The historical rank and industry rank for Directa Sim SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:ZP7'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.22 Med: 45.93 Max: 71.14
Current: 30.69
During the past 7 years, Directa Sim SpA's highest ROC (Joel Greenblatt) % was 71.14%. The lowest was 18.22%. And the median was 45.93%.
FRA:ZP7's ROC (Joel Greenblatt) % is ranked worse than 51.92% of 678
companies
in the Capital Markets industry
Industry Median: 34.64
vs FRA:ZP7: 30.69
Directa Sim SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.60% 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.
Directa Sim SpA ROC (Joel Greenblatt) % Related Terms
Directa Sim SpA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Directa Sim SpA'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:ZP7 vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Directa Sim SpA'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.
Directa Sim SpA ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Directa Sim SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Directa Sim SpA'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 two times the semi-annual (Dec. 2025) 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 26.34% mean?
Directa Sim SpA (FRA:ZP7) has a ROC (Joel Greenblatt) % of 26.34% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Directa Sim SpA and its competitors. This is 43% below median its historical median of 45.93. Over the past decade, Directa Sim SpA's ROC (Joel Greenblatt) % has ranged from 18.22 to 71.14. According to the industry distribution chart, Directa Sim SpA ranks #352 out of 678 companies in the Capital Markets industry, placing it in the top 51.9%.
Is Directa Sim SpA's ROC (Joel Greenblatt) % too high?
Directa Sim SpA's current ROC (Joel Greenblatt) % of 26.34% is 43% below median its 10-year median of 45.93. Over the past 10 years, this metric has ranged from a low of 18.22 to a high of 71.14. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.64. Directa Sim SpA's value of 26.34% is 24% below this industry median. Based on the distribution chart, Directa Sim SpA ranks #352 out of 678 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Directa Sim SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Directa Sim SpA's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Directa Sim SpA ranks #352 out of 678 companies for ROC (Joel Greenblatt) %. This places Directa Sim SpA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 34.64. Directa Sim SpA's value of 26.34% is 24% below this benchmark. Historically, Directa Sim SpA's own ROC (Joel Greenblatt) % has ranged from 18.22 to 71.14 over the past decade. While the company's 10-year median is 45.93 vs. the industry median of 34.64, Directa Sim SpA has consistently been below 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.64, based on 678 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. Directa Sim SpA's current ROC (Joel Greenblatt) % of 26.34% is 24% below 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 Directa Sim SpA and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Directa Sim SpA's current ROC (Joel Greenblatt) % is 26.34%, which is 43% below median its own 10-year median of 45.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Directa Sim SpA stock overvalued right now?
Based on GuruFocus' analysis, Directa Sim SpA (FRA:ZP7) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.52, compared to a current price of €7.50 — trading 65.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 26.34%, which is 43% below median its 10-year median of 45.93 and 24% below the Capital Markets industry median of 34.64. Directa Sim SpA's overall GF Score™ is 56/100 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 Directa Sim SpA (FRA:ZP7), the current ROC (Joel Greenblatt) % is 26.34% as of Dec. 2025. 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 Directa Sim SpA (FRA:ZP7) Overvalued in 2026?
Based on GuruFocus' analysis, Directa Sim SpA stock appears to be overvalued.
The current stock price of €7.50 is trading 65.9% above its estimated GF Value™ of €4.52.
GuruFocus considers Directa Sim SpA to be Significantly Overvalued.
Key valuation signals for FRA:ZP7:
ROC (Joel Greenblatt) %: 26.34% (43% below median its 10-year median of 45.93)
GF Value™: €4.52 vs. price of €7.50 (65.9% above fair value)
Industry Position: 24% below the Capital Markets median (#352 of 678)
No single metric tells the full story. See the FRA:ZP7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Directa Sim SpA is an online brokerage firm that allows private investors to operate directly on financial markets. The financial products of the company include Stocks, Bonds, Futures, Funds, Options, and Certificates & CW, among others.
56GF Score
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