BATM Advanced CommunicationsLSE:BVC -3.97%40 ROC (Joel Greenblatt) % is 70.75% as of Dec. 2025, which is 508% above its 10-year median of 11.63. GuruFocus rates LSE:BVC with a GF Score™ of 40/100 and a GF Value™ of £0.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 841 Medical Devices & Instruments companies, BATM Advanced Communications ranks better than 84.3% 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. BATM Advanced Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 70.75%.
The historical rank and industry rank for BATM Advanced Communications's ROC (Joel Greenblatt) % or its related term are showing as below:
LSE:BVC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.2 Med: 11.63 Max: 75.38
Current: 38.5
During the past 13 years, BATM Advanced Communications's highest ROC (Joel Greenblatt) % was 75.38%. The lowest was -10.20%. And the median was 11.63%.
LSE:BVC's ROC (Joel Greenblatt) % is ranked better than 84.3% of 841
companies
in the Medical Devices & Instruments industry
Industry Median: 3.94
vs LSE:BVC: 38.50
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.
* 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.
LSE:BVC vs ISRG, BDX, MDLN: ROC (Joel Greenblatt) % Comparison
For the Medical Instruments & Supplies subindustry, BATM Advanced Communications'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.
BATM Advanced Communications ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, BATM Advanced Communications's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BATM Advanced Communications'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 70.75% mean?
BATM Advanced Communications (LSE:BVC) has a ROC (Joel Greenblatt) % of 70.75% 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 BATM Advanced Communications and its competitors. This is 508% above median its historical median of 11.63. According to the industry distribution chart, BATM Advanced Communications ranks #132 out of 841 companies in the Medical Devices & Instruments industry, placing it in the top 15.7%.
Is BATM Advanced Communications' ROC (Joel Greenblatt) % too high?
BATM Advanced Communications' current ROC (Joel Greenblatt) % of 70.75% is 508% above median its 10-year median of 11.63. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 3.94. BATM Advanced Communications' value of 70.75% is 1695.7% above this industry median. Based on the distribution chart, BATM Advanced Communications ranks #132 out of 841 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, BATM Advanced Communications has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BATM Advanced Communications' ROC (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, BATM Advanced Communications ranks #132 out of 841 companies for ROC (Joel Greenblatt) %. This places BATM Advanced Communications in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 3.94. BATM Advanced Communications' value of 70.75% is 1695.7% above this benchmark. While the company's 10-year median is 11.63 vs. the industry median of 3.94, BATM Advanced Communications 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 3.94, based on 841 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. BATM Advanced Communications's current ROC (Joel Greenblatt) % of 70.75% is 1695.7% 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 BATM Advanced Communications and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BATM Advanced Communications's current ROC (Joel Greenblatt) % is 70.75%, which is 508% above median its own 10-year median of 11.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BATM Advanced Communications stock overvalued right now?
Based on GuruFocus' analysis, BATM Advanced Communications (LSE:BVC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.17, compared to a current price of £0.15 — trading 14.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 70.75%, which is 508% above median its 10-year median of 11.63 and 1695.7% above the Medical Devices & Instruments industry median of 3.94. BATM Advanced Communications' overall GF Score™ is 40/100 with 5 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 BATM Advanced Communications (LSE:BVC), the current ROC (Joel Greenblatt) % is 70.75% 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 BATM Advanced Communications (LSE:BVC) Overvalued in 2026?
Based on GuruFocus' analysis, BATM Advanced Communications stock appears to be undervalued.
The current stock price of £0.15 is trading 14.7% below its estimated GF Value™ of £0.17.
GuruFocus considers BATM Advanced Communications to be Modestly Undervalued.
Key valuation signals for LSE:BVC:
ROC (Joel Greenblatt) %: 70.75% (508% above median its 10-year median of 11.63)
GF Value™: £0.17 vs. price of £0.15 (14.7% below fair value)
Industry Position: 1695.7% above the Medical Devices & Instruments median (#132 of 841)
No single metric tells the full story. See the LSE:BVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BATM Advanced Communications Ltd is an Israel-based technology company. It is engaged in the development, production and supply of real-time technologies and associated services in three core application areas: Networks, Cyber and Diagnostics. In addition, the Group's non-core activities comprised the production and supply of pharmaceutical applications and the distribution of third-party pharmaceutical and environmental monitoring products. The company organizes its business operations into three divisions: Networking, Cyber Division, and Diagnostics Division. It generates majority of revenue from Diagnostics mainly engaged in sales and distribution of in vitro diagnostics reagents and instruments. It operates in three geographical areas: the United States of America, Israel and Europe.
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