Net digital AGHAM:VRL -1.35% ROC (Joel Greenblatt) % is 281.35% as of Jun. 2025. The stock has 4 warning signs investors should review. Among 2,807 Software companies, Net digital AG ranks better than 55.5% 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. Net digital AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 281.35%.
The historical rank and industry rank for Net digital AG's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:VRL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14550 Med: -1430.77 Max: 32.88
Current: 32.88
During the past 9 years, Net digital AG's highest ROC (Joel Greenblatt) % was 32.88%. The lowest was -14550.00%. And the median was -1430.77%.
HAM:VRL's ROC (Joel Greenblatt) % is ranked better than 55.5% of 2807
companies
in the Software industry
Industry Median: 19.62
vs HAM:VRL: 32.88
Net digital AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.80% per year.
Net digital AG (HAM:VRL) 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.
Net digital AG ROC (Joel Greenblatt) % Related Terms
Net digital AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Net digital 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:VRL vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Net digital 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.
Net digital AG ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Net digital AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Net digital AG's ROC (Joel Greenblatt) % falls into.
Net digital 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 two times the semi-annual (Jun. 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 281.35% mean?
Net digital AG (HAM:VRL) has a ROC (Joel Greenblatt) % of 281.35% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Net digital AG and its competitors. According to the industry distribution chart, Net digital AG ranks #1249 out of 2807 companies in the Software industry, placing it in the top 44.5%.
Is Net digital AG's ROC (Joel Greenblatt) % too high?
Net digital AG's current ROC (Joel Greenblatt) % is 281.35%. The Software industry median ROC (Joel Greenblatt) % is 19.62. Net digital AG's value of 281.35% is 1334% above this industry median. Based on the distribution chart, Net digital AG ranks #1249 out of 2807 companies in the Software industry, which is above the industry midpoint.
How does Net digital AG's ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, Net digital AG ranks #1249 out of 2807 companies for ROC (Joel Greenblatt) %. This puts Net digital AG in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.62. Net digital AG's value of 281.35% is 1334% above this benchmark. 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 19.62, based on 2,807 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. Net digital AG's current ROC (Joel Greenblatt) % of 281.35% is 1334% 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 Net digital AG and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net digital AG's current ROC (Joel Greenblatt) % is 281.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net digital AG stock overvalued right now?
Based on GuruFocus' analysis, Net digital AG (HAM:VRL) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.97, compared to a current price of €14.65 — trading 194.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 281.35% and 1334% above the Software industry median of 19.62. 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 Net digital AG (HAM:VRL), the current ROC (Joel Greenblatt) % is 281.35% as of Jun. 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.
Net digital AG is a group of companies that partners with numerous medium-sized and large companies in the telecommunications, media, and entertainment sectors, as well as public transport companies. The group develops technology platforms for Global and customized digital payment solutions with a focus on digital content distribution. Its services include Global Payment Services, Mobile Payment Services, Content Distribution Services, Artificial Intelligence Solutions, Communication Services, and TV Enabling Services.
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