KNNNF (Kainos Group) ROC (Joel Greenblatt) %: 327.73% (As of Mar. 2026) — 10% Below 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.

KNNNF Kainos Group PLC KNNNF
76 GF Score
Price $9.35
GF Value $16.13
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kainos Group ROC (Joel Greenblatt) %?

Kainos Group KNNNF 76 ROC (Joel Greenblatt) % is 327.73% as of Mar. 2026, which is 10% below its 10-year median of 366.02. GuruFocus rates KNNNF with a GF Score™ of 76/100 and a GF Value™ of $16.13 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,811 Software companies, Kainos Group ranks better than 89.75% 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. Kainos Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 327.73%.

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

KNNNF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 268.34   Med: 366.02   Max: 830.55
Current: 330.15

During the past 13 years, Kainos Group's highest ROC (Joel Greenblatt) % was 830.55%. The lowest was 268.34%. And the median was 366.02%.

KNNNF's ROC (Joel Greenblatt) % is ranked better than
89.75% of 2811 companies
in the Software industry
Industry Median: 19.63 vs KNNNF: 330.15

Kainos Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.40% per year.


Kainos Group  (OTCPK:KNNNF) 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.


Kainos Group ROC (Joel Greenblatt) % Related Terms


Kainos Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kainos Group'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.

Kainos Group ROC (Joel Greenblatt) % Chart

Kainos Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.85 358.58 468.60 287.44 337.52

Kainos Group 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 419.99 400.49 167.93 335.12 327.73

KNNNF vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Kainos Group'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.


Kainos Group ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Kainos Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


KNNNF
76GF Score
Kainos Group PLC KNNNF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kainos Group 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)
=(46.324 + 0 + 10.366) - (126.819 + 0 + 81.123)
=-151.252

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.427 + 0 + 10.214) - (134.209 + 0 + 82.072)
=-147.64

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kainos Group 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 )
=79.818/( ( (24.282 + max(-151.252, 0)) + (24.428 + max(-147.64, 0)) )/ 2 )
=79.818/( ( 24.282 + 24.428 )/ 2 )
=79.818/24.355
=327.73 %

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 327.73% mean?
Kainos Group (KNNNF) has a ROC (Joel Greenblatt) % of 327.73% 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 Kainos Group and its competitors. This is 10% below median its historical median of 366.02. Over the past decade, Kainos Group's ROC (Joel Greenblatt) % has ranged from 268.34 to 830.55. According to the industry distribution chart, Kainos Group ranks #288 out of 2811 companies in the Software industry, placing it in the top 10.2%.
Is Kainos Group's ROC (Joel Greenblatt) % too high?
Kainos Group's current ROC (Joel Greenblatt) % of 327.73% is 10% below median its 10-year median of 366.02. Over the past 10 years, this metric has ranged from a low of 268.34 to a high of 830.55. The Software industry median ROC (Joel Greenblatt) % is 19.63. Kainos Group's value of 327.73% is 1569.5% above this industry median. Based on the distribution chart, Kainos Group ranks #288 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kainos Group has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kainos Group's ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, Kainos Group ranks #288 out of 2811 companies for ROC (Joel Greenblatt) %. This places Kainos Group in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. Kainos Group's value of 327.73% is 1569.5% above this benchmark. Historically, Kainos Group's own ROC (Joel Greenblatt) % has ranged from 268.34 to 830.55 over the past decade. While the company's 10-year median is 366.02 vs. the industry median of 19.63, Kainos Group 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 19.63, based on 2,811 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. Kainos Group's current ROC (Joel Greenblatt) % of 327.73% is 1569.5% 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 Kainos Group and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kainos Group's current ROC (Joel Greenblatt) % is 327.73%, which is 10% below median its own 10-year median of 366.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kainos Group stock overvalued right now?
Based on GuruFocus' analysis, Kainos Group (KNNNF) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.13, compared to a current price of $9.35 — trading 42% below its estimated fair value. The current ROC (Joel Greenblatt) % is 327.73%, which is 10% below median its 10-year median of 366.02 and 1569.5% above the Software industry median of 19.63. Kainos Group's overall GF Score™ is 76/100 with 2 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 Kainos Group (KNNNF), the current ROC (Joel Greenblatt) % is 327.73% 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 Kainos Group (KNNNF) Overvalued in 2026?

Based on GuruFocus' analysis, Kainos Group stock appears to be undervalued. The current stock price of $9.35 is trading 42% below its estimated GF Value™ of $16.13. GuruFocus considers Kainos Group to be Significantly Undervalued.

Key valuation signals for KNNNF:

  • ROC (Joel Greenblatt) %: 327.73% (10% below median its 10-year median of 366.02)
  • GF Value™: $16.13 vs. price of $9.35 (42% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 1569.5% above the Software median (#288 of 2811)

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


Kainos Group Business Description

Other Exchanges KNOSl:UKKNOS:UK
Address 4-6 Upper Crescent, Kainos House, Northern Ireland, Belfast, GBR, BT7 1NT
Kainos Group PLC provides information technology services, consulting, and software solutions. It is structured into three divisions namely Digital Services, Workday Services, and Workday Products. Digital Services which derives key revenue, includes full life cycle development and support of digital solutions for government and commercial customers. The Workday Services division specializes in deploying and supporting Workday's Finance, HR, and Planning products. The Workday Products division develops products that complement Workday such as the smart product suite, including Smart Test, Smart Audit, and Smart Shield. Geographically, the company's maximum revenue is generated from the United Kingdom and Ireland and the rest from North America, Central Europe, and the Rest of the world.
76GF Score

Get the complete analysis for KNNNF

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

$9.35
Price
$16.13
GF Value