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. Alfio Bardolla Training Group SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -65.43%.
The historical rank and industry rank for Alfio Bardolla Training Group SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0DEF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.39 Med: 13.92 Max: 124.03
Current: 8.04
During the past 10 years, Alfio Bardolla Training Group SpA's highest ROC (Joel Greenblatt) % was 124.03%. The lowest was -40.39%. And the median was 13.92%.
LTS:0DEF's ROC (Joel Greenblatt) % is ranked worse than 63.88% of 263
companies
in the Education industry
Industry Median: 18.32
vs LTS:0DEF: 8.04
Alfio Bardolla Training Group SpA (LTS:0DEF) 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.
* 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.
Alfio Bardolla Training Group SpA ROC (Joel Greenblatt) % Chart
LTS:0DEF vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, Alfio Bardolla Training Group 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.
Alfio Bardolla Training Group SpA ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, Alfio Bardolla Training Group SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alfio Bardolla Training Group SpA's ROC (Joel Greenblatt) % falls into.
Alfio Bardolla Training Group 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:
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 -65.43% mean?
Alfio Bardolla Training Group SpA (LTS:0DEF) has a ROC (Joel Greenblatt) % of -65.43% 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 Alfio Bardolla Training Group SpA and its competitors. According to the industry distribution chart, Alfio Bardolla Training Group SpA ranks #168 out of 263 companies in the Education industry, placing it in the top 63.9%.
Is Alfio Bardolla Training Group SpA's ROC (Joel Greenblatt) % too high?
Alfio Bardolla Training Group SpA's current ROC (Joel Greenblatt) % is -65.43%. Based on the distribution chart, Alfio Bardolla Training Group SpA ranks #168 out of 263 companies in the Education industry, which is below the industry midpoint. Overall, Alfio Bardolla Training Group SpA has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Alfio Bardolla Training Group SpA's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Alfio Bardolla Training Group SpA ranks #168 out of 263 companies for ROC (Joel Greenblatt) %. This places Alfio Bardolla Training Group SpA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 18.32. 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.32, based on 263 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. 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 Alfio Bardolla Training Group SpA and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfio Bardolla Training Group SpA's current ROC (Joel Greenblatt) % is -65.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfio Bardolla Training Group SpA stock overvalued right now?
Alfio Bardolla Training Group SpA (LTS:0DEF) has a current ROC (Joel Greenblatt) % of -65.43%. The stock's GF Value™ is €2.71, compared to a current price of €1.57 — trading 42.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -65.43%. Alfio Bardolla Training Group SpA's overall GF Score™ is 79/100 with 6 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 Alfio Bardolla Training Group SpA (LTS:0DEF), the current ROC (Joel Greenblatt) % is -65.43% 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 Alfio Bardolla Training Group SpA (LTS:0DEF) Overvalued in 2026?
Based on GuruFocus' analysis, Alfio Bardolla Training Group SpA stock appears to be undervalued.
The current stock price of €1.57 is trading 42.3% below its estimated GF Value™ of €2.71.
Key valuation signals for LTS:0DEF:
ROC (Joel Greenblatt) %: -65.43%
GF Value™: €2.71 vs. price of €1.57 (42.3% below fair value)
No single metric tells the full story. See the LTS:0DEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alfio Bardolla Training Group SpA Business Description
Alfio Bardolla Training Group SpA is a personal finance training company that provides finance books, e-books, and coaching related to economic problems, money management, and wealth creation among others.
79GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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