Zeta Global Holdings (HAM:8EO) ROC (Joel Greenblatt) %: -104.77% (As of Mar. 2026)

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HAM:8EO Zeta Global Holdings Corp HAM:8EO
79 GF Score
Price €19.70
GF Value €17.06
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Zeta Global Holdings ROC (Joel Greenblatt) %?

Zeta Global Holdings HAM:8EO +2.93% 79 ROC (Joel Greenblatt) % is -104.77% as of Mar. 2026. GuruFocus rates HAM:8EO with a GF Score™ of 79/100 and a GF Value™ of €17.06 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,811 Software companies, Zeta Global Holdings ranks worse than 74.28% 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. Zeta Global Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -104.77%.

The historical rank and industry rank for Zeta Global Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

HAM:8EO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4139.41   Med: -440.56   Max: -54.24
Current: -54.24

During the past 7 years, Zeta Global Holdings's highest ROC (Joel Greenblatt) % was -54.24%. The lowest was -4139.41%. And the median was -440.56%.

HAM:8EO's ROC (Joel Greenblatt) % is ranked worse than
74.28% of 2811 companies
in the Software industry
Industry Median: 19.89 vs HAM:8EO: -54.24

Zeta Global Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 44.00% per year.


Zeta Global Holdings  (HAM:8EO) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Zeta Global Holdings ROC (Joel Greenblatt) % Related Terms


Zeta Global Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Zeta Global Holdings'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.

Zeta Global Holdings ROC (Joel Greenblatt) % Chart

Zeta Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -4,298.63 -2,932.63 -1,191.74 -161.86 -58.77

Zeta Global Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -107.52 -53.25 63.93 -182.12 -104.77

HAM:8EO vs RELY, WEX, VRNS: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Zeta Global Holdings'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.


Zeta Global Holdings ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Zeta Global Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Zeta Global Holdings's ROC (Joel Greenblatt) % falls into.


HAM:8EO
79GF Score
Zeta Global Holdings Corp HAM:8EO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeta Global Holdings 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(275.322 + 0 + 37.259) - (187.216 + 30.23 + 149.331)
=-54.196

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(278.236 + 0 + 33.625) - (177.49 + 32.377 + 61.925)
=40.069

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Zeta Global Holdings for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-52.116/( ( (29.458 + max(-54.196, 0)) + (29.956 + max(40.069, 0)) )/ 2 )
=-52.116/( ( 29.458 + 70.025 )/ 2 )
=-52.116/49.7415
=-104.77 %

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 -104.77% mean?
Zeta Global Holdings (HAM:8EO) has a ROC (Joel Greenblatt) % of -104.77% 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 Zeta Global Holdings and its competitors. According to the industry distribution chart, Zeta Global Holdings ranks #2088 out of 2811 companies in the Software industry, placing it in the top 74.3%.
Is Zeta Global Holdings' ROC (Joel Greenblatt) % too high?
Zeta Global Holdings' current ROC (Joel Greenblatt) % is -104.77%. Based on the distribution chart, Zeta Global Holdings ranks #2088 out of 2811 companies in the Software industry, which is below the industry midpoint. Overall, Zeta Global Holdings has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zeta Global Holdings' ROC (Joel Greenblatt) % compare to RELY and WEX?
According to the Software industry distribution chart, Zeta Global Holdings ranks #2088 out of 2811 companies for ROC (Joel Greenblatt) %. This places Zeta Global Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.89. 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 19.89, 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. 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 Zeta Global Holdings and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeta Global Holdings's current ROC (Joel Greenblatt) % is -104.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeta Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zeta Global Holdings (HAM:8EO) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.06, compared to a current price of €19.70 — trading 15.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -104.77%. Zeta Global Holdings' overall GF Score™ is 79/100 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 Zeta Global Holdings (HAM:8EO), the current ROC (Joel Greenblatt) % is -104.77% 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 Zeta Global Holdings (HAM:8EO) Overvalued in 2026?

Based on GuruFocus' analysis, Zeta Global Holdings stock appears to be overvalued. The current stock price of €19.70 is trading 15.5% above its estimated GF Value™ of €17.06. GuruFocus considers Zeta Global Holdings to be Modestly Overvalued.

Key valuation signals for HAM:8EO:

  • ROC (Joel Greenblatt) %: -104.77%
  • GF Value™: €17.06 vs. price of €19.70 (15.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the HAM:8EO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeta Global Holdings Business Description

Address 3 Park Avenue, 33rd Floor, New York, NY, USA, 10016
Zeta Global Holdings Corp is an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software. It serves enterprise customers across multiple industries, including financial services, insurance, telecommunications, automotive, travel and hospitality, and retail. Its Zeta Marketing Platform, or ZMP, is an omnichannel marketing platform with identity data at its core. The ZMP can analyze billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing. The company operates in U.S, where it generates maximum revenue and Internationally as well.
79GF Score

Get the complete analysis for HAM:8EO

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.70
Price
€17.06
GF Value