Hansen TechnologiesHANOF 89 ROC (Joel Greenblatt) % is 131.61% as of Dec. 2025, which is 7% below its 10-year median of 141.04. GuruFocus rates HANOF with a GF Score™ of 89/100 and a GF Value™ of $2.61. The stock has 1 warning sign investors should review. Among 2,799 Software companies, Hansen Technologies ranks better than 82.39% 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. Hansen Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 131.61%.
The historical rank and industry rank for Hansen Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
HANOF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 80.76 Med: 141.04 Max: 506.16
Current: 174.99
During the past 13 years, Hansen Technologies's highest ROC (Joel Greenblatt) % was 506.16%. The lowest was 80.76%. And the median was 141.04%.
HANOF's ROC (Joel Greenblatt) % is ranked better than 82.39% of 2799
companies
in the Software industry
Industry Median: 19.62
vs HANOF: 174.99
Hansen Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.60% 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.
Hansen Technologies ROC (Joel Greenblatt) % Related Terms
Hansen Technologies ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hansen Technologies'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.
HANOF vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Hansen Technologies'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.
Hansen Technologies ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Hansen Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hansen Technologies'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 131.61% mean?
Hansen Technologies (HANOF) has a ROC (Joel Greenblatt) % of 131.61% 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 Hansen Technologies and its competitors. This is near median its historical median of 141.04. Over the past decade, Hansen Technologies' ROC (Joel Greenblatt) % has ranged from 80.76 to 506.16. According to the industry distribution chart, Hansen Technologies ranks #493 out of 2799 companies in the Software industry, placing it in the top 17.6%.
Is Hansen Technologies' ROC (Joel Greenblatt) % too high?
Hansen Technologies' current ROC (Joel Greenblatt) % of 131.61% is near median its 10-year median of 141.04. Over the past 10 years, this metric has ranged from a low of 80.76 to a high of 506.16. The Software industry median ROC (Joel Greenblatt) % is 19.62. Hansen Technologies' value of 131.61% is 570.8% above this industry median. Based on the distribution chart, Hansen Technologies ranks #493 out of 2799 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hansen Technologies has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Hansen Technologies' ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, Hansen Technologies ranks #493 out of 2799 companies for ROC (Joel Greenblatt) %. This places Hansen Technologies in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.62. Hansen Technologies' value of 131.61% is 570.8% above this benchmark. Historically, Hansen Technologies' own ROC (Joel Greenblatt) % has ranged from 80.76 to 506.16 over the past decade. While the company's 10-year median is 141.04 vs. the industry median of 19.62, Hansen Technologies 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.62, based on 2,799 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. Hansen Technologies's current ROC (Joel Greenblatt) % of 131.61% is 570.8% 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 Hansen Technologies 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. Hansen Technologies's current ROC (Joel Greenblatt) % is 131.61%, which is near median its own 10-year median of 141.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hansen Technologies stock overvalued right now?
Hansen Technologies (HANOF) has a current ROC (Joel Greenblatt) % of 131.61%. The stock's GF Value™ is $2.61, compared to a current price of $1.92 — trading 26.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 131.61%, which is near median its 10-year median of 141.04 and 570.8% above the Software industry median of 19.62. Hansen Technologies' overall GF Score™ is 89/100 with 1 warning sign 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 Hansen Technologies (HANOF), the current ROC (Joel Greenblatt) % is 131.61% 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 Hansen Technologies (HANOF) Overvalued in 2026?
Based on GuruFocus' analysis, Hansen Technologies stock appears to be undervalued.
The current stock price of $1.92 is trading 26.4% below its estimated GF Value™ of $2.61.
Key valuation signals for HANOF:
ROC (Joel Greenblatt) %: 131.61% (near median its 10-year median of 141.04)
GF Value™: $2.61 vs. price of $1.92 (26.4% below fair value)
Industry Position: 570.8% above the Software median (#493 of 2799)
No single metric tells the full story. See the HANOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hansen is a technology company providing software and services to the energy and utilities, and communications sectors throughout the developed world. Hansen's products primarily relate to billings and adjacent functions, such as customer quotes, order capture, customer data management, and customer service. Additionally, Hansen has products assisting companies with developing new products, fulfilling orders, and managing various other operational processes.
89GF Score
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