ICOSF (Intercos SpA) ROC (Joel Greenblatt) %: 20.19% (As of Dec. 2025) — 22% Below Median


ICOSF Intercos SpA ICOSF
81 GF Score
Price $14.44
GF Value $19.52
! 1 Warning Sign
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What is Intercos SpA ROC (Joel Greenblatt) %?

Intercos SpA ICOSF 81 ROC (Joel Greenblatt) % is 20.19% as of Dec. 2025, which is 22% below its 10-year median of 25.74. GuruFocus rates ICOSF with a GF Score™ of 81/100 and a GF Value™ of $19.52. The stock has 1 warning sign investors should review. Among 1,971 Consumer Packaged Goods companies, Intercos SpA ranks better than 74.07% 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. Intercos SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 20.19%.

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

ICOSF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.68   Med: 25.74   Max: 29.35
Current: 24.52

During the past 8 years, Intercos SpA's highest ROC (Joel Greenblatt) % was 29.35%. The lowest was 15.68%. And the median was 25.74%.

ICOSF's ROC (Joel Greenblatt) % is ranked better than
74.07% of 1971 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs ICOSF: 24.52

Intercos SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.10% per year.


Intercos SpA  (OTCPK:ICOSF) 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.


Intercos SpA ROC (Joel Greenblatt) % Related Terms


Intercos SpA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Intercos SpA'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.

Intercos SpA ROC (Joel Greenblatt) % Chart

Intercos SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 15.12 23.75 26.57 25.96 26.67

Intercos SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 23.55 27.47 29.59 20.19

ICOSF vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison

For the Household & Personal Products subindustry, Intercos SpA'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.


Intercos SpA ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Intercos SpA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Intercos SpA's ROC (Joel Greenblatt) % falls into.


ICOSF
81GF Score
Intercos SpA ICOSF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercos SpA 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201.615 + 233.218 + 22.607) - (226.528 + 0 + 77.279)
=153.633

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(165.884 + 201.636 + 1.939) - (229.334 + 0 + 27.443)
=112.682

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Intercos SpA for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=85.388/( ( (284.083 + max(153.633, 0)) + (295.242 + max(112.682, 0)) )/ 2 )
=85.388/( ( 437.716 + 407.924 )/ 2 )
=85.388/422.82
=20.19 %

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 20.19% mean?
Intercos SpA (ICOSF) has a ROC (Joel Greenblatt) % of 20.19% 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 Intercos SpA and its competitors. This is 22% below median its historical median of 25.74. Over the past decade, Intercos SpA's ROC (Joel Greenblatt) % has ranged from 15.68 to 29.35. According to the industry distribution chart, Intercos SpA ranks #511 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 25.9%.
Is Intercos SpA's ROC (Joel Greenblatt) % too high?
Intercos SpA's current ROC (Joel Greenblatt) % of 20.19% is 22% below median its 10-year median of 25.74. Over the past 10 years, this metric has ranged from a low of 15.68 to a high of 29.35. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Intercos SpA's value of 20.19% is 68.4% above this industry median. Based on the distribution chart, Intercos SpA ranks #511 out of 1971 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Intercos SpA has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Intercos SpA's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Intercos SpA ranks #511 out of 1971 companies for ROC (Joel Greenblatt) %. This puts Intercos SpA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Intercos SpA's value of 20.19% is 68.4% above this benchmark. Historically, Intercos SpA's own ROC (Joel Greenblatt) % has ranged from 15.68 to 29.35 over the past decade. While the company's 10-year median is 25.74 vs. the industry median of 11.99, Intercos SpA 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,971 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. Intercos SpA's current ROC (Joel Greenblatt) % of 20.19% is 68.4% 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 Intercos SpA and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercos SpA's current ROC (Joel Greenblatt) % is 20.19%, which is 22% below median its own 10-year median of 25.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercos SpA stock overvalued right now?
Intercos SpA (ICOSF) has a current ROC (Joel Greenblatt) % of 20.19%. The stock's GF Value™ is $19.52, compared to a current price of $14.44 — trading 26% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.19%, which is 22% below median its 10-year median of 25.74 and 68.4% above the Consumer Packaged Goods industry median of 11.99. Intercos SpA's overall GF Score™ is 81/100 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 Intercos SpA (ICOSF), the current ROC (Joel Greenblatt) % is 20.19% 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 Intercos SpA (ICOSF) Overvalued in 2026?

Based on GuruFocus' analysis, Intercos SpA stock appears to be undervalued. The current stock price of $14.44 is trading 26% below its estimated GF Value™ of $19.52.

Key valuation signals for ICOSF:

  • ROC (Joel Greenblatt) %: 20.19% (22% below median its 10-year median of 25.74)
  • GF Value™: $19.52 vs. price of $14.44 (26% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 68.4% above the Consumer Packaged Goods median (#511 of 1971)

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


Intercos SpA Business Description

Other Exchanges ICOS:Italy0AAR:UK
Address Via Marconi 84, Agrate Brianza, ITA, 20864
Intercos SpA is engaged in the manufacturing of cosmetics. Its offerings include color cosmetics, pencils, nail polish, skincare, and personal care products. The turnover is divided across the following product families: make up products, hair and body care products, skincare products.
81GF Score

Get the complete analysis for ICOSF

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

$14.44
Price
$19.52
GF Value