Edel SE KGaA (HAM:EDL) ROC (Joel Greenblatt) %: 15.03% (As of Mar. 2026) — 10% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:EDL Edel SE & Co KGaA HAM:EDL
84 GF Score
Price €4.78
GF Value €4.56
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Edel SE KGaA ROC (Joel Greenblatt) %?

Edel SE KGaA HAM:EDL 84 ROC (Joel Greenblatt) % is 15.03% as of Mar. 2026, which is 10% above its 10-year median of 13.71. GuruFocus rates HAM:EDL with a GF Score™ of 84/100 and a GF Value™ of €4.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,015 Media - Diversified companies, Edel SE KGaA ranks better than 58.52% 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. Edel SE KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.03%.

The historical rank and industry rank for Edel SE KGaA's ROC (Joel Greenblatt) % or its related term are showing as below:

HAM:EDL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.12   Med: 13.71   Max: 18.94
Current: 17.3

During the past 13 years, Edel SE KGaA's highest ROC (Joel Greenblatt) % was 18.94%. The lowest was 6.12%. And the median was 13.71%.

HAM:EDL's ROC (Joel Greenblatt) % is ranked better than
58.52% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.81 vs HAM:EDL: 17.30

Edel SE KGaA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.40% per year.


Edel SE KGaA  (HAM:EDL) 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.


Edel SE KGaA ROC (Joel Greenblatt) % Related Terms


Edel SE KGaA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Edel SE KGaA'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.

Edel SE KGaA ROC (Joel Greenblatt) % Chart

Edel SE KGaA Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.59 18.94 18.00 16.29 16.75

Edel SE KGaA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.45 15.97 15.23 19.12 15.03

HAM:EDL vs NFLX, DIS, WBD: ROC (Joel Greenblatt) % Comparison

For the Entertainment subindustry, Edel SE KGaA'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.


Edel SE KGaA ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Edel SE KGaA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Edel SE KGaA's ROC (Joel Greenblatt) % falls into.


HAM:EDL
84GF Score
Edel SE & Co KGaA HAM:EDL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edel SE KGaA 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.296 + 16.055 + 19.495) - (34.405 + 0 + 3.524)
=60.917

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.026 + 16.158 + 23.363) - (37.679 + 0 + 1.577)
=52.291

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Edel SE KGaA 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.542/( ( (87.473 + max(60.917, 0)) + (86.067 + max(52.291, 0)) )/ 2 )
=21.542/( ( 148.39 + 138.358 )/ 2 )
=21.542/143.374
=15.03 %

Note: The EBIT data used here is two times the semi-annual (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 15.03% mean?
Edel SE KGaA (HAM:EDL) has a ROC (Joel Greenblatt) % of 15.03% 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 Edel SE KGaA and its competitors. This is 10% above median its historical median of 13.71. Over the past decade, Edel SE KGaA's ROC (Joel Greenblatt) % has ranged from 6.12 to 18.94. According to the industry distribution chart, Edel SE KGaA ranks #421 out of 1015 companies in the Media - Diversified industry, placing it in the top 41.5%.
Is Edel SE KGaA's ROC (Joel Greenblatt) % too high?
Edel SE KGaA's current ROC (Joel Greenblatt) % of 15.03% is 10% above median its 10-year median of 13.71. Over the past 10 years, this metric has ranged from a low of 6.12 to a high of 18.94. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.81. Edel SE KGaA's value of 15.03% is 53.2% above this industry median. Based on the distribution chart, Edel SE KGaA ranks #421 out of 1015 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Edel SE KGaA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Edel SE KGaA's ROC (Joel Greenblatt) % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Edel SE KGaA ranks #421 out of 1015 companies for ROC (Joel Greenblatt) %. This puts Edel SE KGaA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.81. Edel SE KGaA's value of 15.03% is 53.2% above this benchmark. Historically, Edel SE KGaA's own ROC (Joel Greenblatt) % has ranged from 6.12 to 18.94 over the past decade. While the company's 10-year median is 13.71 vs. the industry median of 9.81, Edel SE KGaA 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.81, based on 1,015 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. Edel SE KGaA's current ROC (Joel Greenblatt) % of 15.03% is 53.2% 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 Edel SE KGaA and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edel SE KGaA's current ROC (Joel Greenblatt) % is 15.03%, which is 10% above median its own 10-year median of 13.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edel SE KGaA stock overvalued right now?
Based on GuruFocus' analysis, Edel SE KGaA (HAM:EDL) is currently considered Fairly Valued. The stock's GF Value™ is €4.56, compared to a current price of €4.78 — trading 4.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.03%, which is 10% above median its 10-year median of 13.71 and 53.2% above the Media - Diversified industry median of 9.81. Edel SE KGaA's overall GF Score™ is 84/100 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 Edel SE KGaA (HAM:EDL), the current ROC (Joel Greenblatt) % is 15.03% 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 Edel SE KGaA (HAM:EDL) Overvalued in 2026?

Based on GuruFocus' analysis, Edel SE KGaA stock appears to be overvalued. The current stock price of €4.78 is trading 4.8% above its estimated GF Value™ of €4.56. GuruFocus considers Edel SE KGaA to be Fairly Valued.

Key valuation signals for HAM:EDL:

  • ROC (Joel Greenblatt) %: 15.03% (10% above median its 10-year median of 13.71)
  • GF Value™: €4.56 vs. price of €4.78 (4.8% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 53.2% above the Media - Diversified median (#421 of 1015)

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


Edel SE KGaA Business Description

Address Neumuehlen 17, Hamburg, SH, DEU, 22763
Edel SE & Co KGaA is an independent media company. The Edel Group divides its operational business into three business areas which are Manufacturing & Distribution, Music & Entertainment, and Books. The company offers artists, authors, labels, publishers, and other rights holders, different types of products and services. The company has two reportable segments which are Manufacturing and logistics and Marketing and sales. The company generates the majority of its revenue from Manufacturing and logistics. Geographically company generates revenues from Great Britain, Germany, Ireland, USA, France, and others.
84GF Score

Get the complete analysis for HAM:EDL

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

€4.78
Price
€4.56
GF Value