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Jack Henry & AssociatesLTS:0A6D -2.26%90 ROC (Joel Greenblatt) % is 146.79% as of Mar. 2026, which is 1% above its 10-year median of 145.78. GuruFocus rates LTS:0A6D with a GF Score™ of 90/100 and a GF Value™ of $196.31 (Modestly Undervalued). Among 2,819 Software companies, Jack Henry & Associates ranks better than 81.13% 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. Jack Henry & Associates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 146.79%.
The historical rank and industry rank for Jack Henry & Associates's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0A6D'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 117.62 Med: 145.78 Max: 221.87
Current: 172.3
During the past 13 years, Jack Henry & Associates's highest ROC (Joel Greenblatt) % was 221.87%. The lowest was 117.62%. And the median was 145.78%.
LTS:0A6D's ROC (Joel Greenblatt) % is ranked better than 81.13% of 2819
companies
in the Software industry
Industry Median: 20.81
vs LTS:0A6D: 172.30
Jack Henry & Associates's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.30% per year.
Jack Henry & Associates (LTS:0A6D) 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.
Jack Henry & Associates ROC (Joel Greenblatt) % Related Terms
Jack Henry & Associates ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Jack Henry & Associates'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.
Jack Henry & Associates ROC (Joel Greenblatt) % Chart
LTS:0A6D vs CACI, WSE, CIFR: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Jack Henry & Associates'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.
Jack Henry & Associates ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Jack Henry & Associates's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jack Henry & Associates's ROC (Joel Greenblatt) % falls into.
Jack Henry & Associates 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 four times the quarterly (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 146.79% mean?
Jack Henry & Associates (LTS:0A6D) has a ROC (Joel Greenblatt) % of 146.79% 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 Jack Henry & Associates and its competitors. This is near median its historical median of 145.78. Over the past decade, Jack Henry & Associates' ROC (Joel Greenblatt) % has ranged from 117.62 to 221.87. According to the industry distribution chart, Jack Henry & Associates ranks #532 out of 2819 companies in the Software industry, placing it in the top 18.9%.
Is Jack Henry & Associates' ROC (Joel Greenblatt) % too high?
Jack Henry & Associates' current ROC (Joel Greenblatt) % of 146.79% is near median its 10-year median of 145.78. Over the past 10 years, this metric has ranged from a low of 117.62 to a high of 221.87. The Software industry median ROC (Joel Greenblatt) % is 20.81. Jack Henry & Associates' value of 146.79% is 605.4% above this industry median. Based on the distribution chart, Jack Henry & Associates ranks #532 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Jack Henry & Associates has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jack Henry & Associates' ROC (Joel Greenblatt) % compare to CACI and WSE?
According to the Software industry distribution chart, Jack Henry & Associates ranks #532 out of 2819 companies for ROC (Joel Greenblatt) %. This places Jack Henry & Associates in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.81. Jack Henry & Associates' value of 146.79% is 605.4% above this benchmark. Historically, Jack Henry & Associates' own ROC (Joel Greenblatt) % has ranged from 117.62 to 221.87 over the past decade. While the company's 10-year median is 145.78 vs. the industry median of 20.81, Jack Henry & Associates 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 20.81, based on 2,819 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. Jack Henry & Associates's current ROC (Joel Greenblatt) % of 146.79% is 605.4% 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 Jack Henry & Associates and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jack Henry & Associates's current ROC (Joel Greenblatt) % is 146.79%, which is near median its own 10-year median of 145.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jack Henry & Associates stock overvalued right now?
Based on GuruFocus' analysis, Jack Henry & Associates (LTS:0A6D) is currently considered Modestly Undervalued. The stock's GF Value™ is $196.31, compared to a current price of $151.56 — trading 22.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 146.79%, which is near median its 10-year median of 145.78 and 605.4% above the Software industry median of 20.81. Jack Henry & Associates' overall GF Score™ is 90/100. 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 Jack Henry & Associates (LTS:0A6D), the current ROC (Joel Greenblatt) % is 146.79% 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 Jack Henry & Associates (LTS:0A6D) Overvalued in 2026?
Based on GuruFocus' analysis, Jack Henry & Associates stock appears to be undervalued.
The current stock price of $151.56 is trading 22.8% below its estimated GF Value™ of $196.31.
GuruFocus considers Jack Henry & Associates to be Modestly Undervalued.
Key valuation signals for LTS:0A6D:
ROC (Joel Greenblatt) %: 146.79% (near median its 10-year median of 145.78)
GF Value™: $196.31 vs. price of $151.56 (22.8% below fair value)
Industry Position: 605.4% above the Software median (#532 of 2819)
No single metric tells the full story. See the LTS:0A6D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jack Henry is a leading provider of core processing and complementary services, including electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.
90GF Score
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