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OVB Holding AGHAM:O4B -0.54%87 ROC (Joel Greenblatt) % is 54.45% as of Mar. 2026, which is 63% below its 10-year median of 146.55. GuruFocus rates HAM:O4B with a GF Score™ of 87/100 and a GF Value™ of €23.00. The stock has 6 warning signs investors should review. Among 677 Capital Markets companies, OVB Holding AG ranks better than 62.48% 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. OVB Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 54.45%.
The historical rank and industry rank for OVB Holding AG's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:O4B'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 89.21 Med: 146.55 Max: 413.54
Current: 94.13
During the past 13 years, OVB Holding AG's highest ROC (Joel Greenblatt) % was 413.54%. The lowest was 89.21%. And the median was 146.55%.
HAM:O4B's ROC (Joel Greenblatt) % is ranked better than 62.48% of 677
companies
in the Capital Markets industry
Industry Median: 35.03
vs HAM:O4B: 94.13
OVB Holding AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.10% per year.
OVB Holding AG (HAM:O4B) 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.
OVB Holding AG ROC (Joel Greenblatt) % Related Terms
OVB Holding AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for OVB Holding AG'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.
HAM:O4B vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, OVB Holding AG'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.
OVB Holding AG ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, OVB Holding AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OVB Holding AG's ROC (Joel Greenblatt) % falls into.
OVB Holding AG 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:
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 54.45% mean?
OVB Holding AG (HAM:O4B) has a ROC (Joel Greenblatt) % of 54.45% 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 OVB Holding AG and its competitors. This is 63% below median its historical median of 146.55. Over the past decade, OVB Holding AG's ROC (Joel Greenblatt) % has ranged from 89.21 to 413.54. According to the industry distribution chart, OVB Holding AG ranks #254 out of 677 companies in the Capital Markets industry, placing it in the top 37.5%.
Is OVB Holding AG's ROC (Joel Greenblatt) % too high?
OVB Holding AG's current ROC (Joel Greenblatt) % of 54.45% is 63% below median its 10-year median of 146.55. Over the past 10 years, this metric has ranged from a low of 89.21 to a high of 413.54. The Capital Markets industry median ROC (Joel Greenblatt) % is 35.03. OVB Holding AG's value of 54.45% is 55.4% above this industry median. Based on the distribution chart, OVB Holding AG ranks #254 out of 677 companies in the Capital Markets industry, which is above the industry midpoint. Overall, OVB Holding AG has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does OVB Holding AG's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, OVB Holding AG ranks #254 out of 677 companies for ROC (Joel Greenblatt) %. This puts OVB Holding AG in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 35.03. OVB Holding AG's value of 54.45% is 55.4% above this benchmark. Historically, OVB Holding AG's own ROC (Joel Greenblatt) % has ranged from 89.21 to 413.54 over the past decade. While the company's 10-year median is 146.55 vs. the industry median of 35.03, OVB Holding AG 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 35.03, based on 677 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. OVB Holding AG's current ROC (Joel Greenblatt) % of 54.45% is 55.4% 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 OVB Holding AG and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 35.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OVB Holding AG's current ROC (Joel Greenblatt) % is 54.45%, which is 63% below median its own 10-year median of 146.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OVB Holding AG stock overvalued right now?
OVB Holding AG (HAM:O4B) has a current ROC (Joel Greenblatt) % of 54.45%. The stock's GF Value™ is €23.00, compared to a current price of €18.30 — trading 20.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 54.45%, which is 63% below median its 10-year median of 146.55 and 55.4% above the Capital Markets industry median of 35.03. OVB Holding AG's overall GF Score™ is 87/100 with 6 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 OVB Holding AG (HAM:O4B), the current ROC (Joel Greenblatt) % is 54.45% 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 OVB Holding AG (HAM:O4B) Overvalued in 2026?
Based on GuruFocus' analysis, OVB Holding AG stock appears to be undervalued.
The current stock price of €18.30 is trading 20.4% below its estimated GF Value™ of €23.00.
Key valuation signals for HAM:O4B:
ROC (Joel Greenblatt) %: 54.45% (63% below median its 10-year median of 146.55)
GF Value™: €23.00 vs. price of €18.30 (20.4% below fair value)
Industry Position: 55.4% above the Capital Markets median (#254 of 677)
No single metric tells the full story. See the HAM:O4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OVB Holding AG business focuses on providing long-term, comprehensive, and customer-oriented financial advice to private households. The Company activities include the management of entities involved in advisory and brokerage services related to capital investments, building society savings contracts, insurance contracts, and real estate of any kind. Its segments include Central and Eastern Europe, which generates maximum revenue, as well as Germany and Southern and Western Europe.
87GF Score
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