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GogoLTS:0IYQ -6.59%68 ROC (Joel Greenblatt) % is 42.48% as of Jun. 2026, which is 51% above its 10-year median of 28.08. GuruFocus rates LTS:0IYQ with a GF Score™ of 68/100 and a GF Value™ of $16.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 367 Telecommunication Services companies, Gogo ranks better than 82.02% 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. Gogo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 42.48%.
The historical rank and industry rank for Gogo's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0IYQ'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.75 Med: 28.08 Max: 81.41
Current: 42.29
During the past 13 years, Gogo's highest ROC (Joel Greenblatt) % was 81.41%. The lowest was -12.75%. And the median was 28.08%.
LTS:0IYQ's ROC (Joel Greenblatt) % is ranked better than 82.02% of 367
companies
in the Telecommunication Services industry
Industry Median: 16.81
vs LTS:0IYQ: 42.29
Gogo's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.70% per year.
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.
The historical data trend for Gogo'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.
LTS:0IYQ vs CCOI, SHEN, ATNI: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, Gogo'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.
Gogo ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Gogo's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gogo'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 four times the quarterly (Jun. 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 42.48% mean?
Gogo (LTS:0IYQ) has a ROC (Joel Greenblatt) % of 42.48% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Gogo and its competitors. This is 51% above median its historical median of 28.08. According to the industry distribution chart, Gogo ranks #66 out of 367 companies in the Telecommunication Services industry, placing it in the top 18%.
Is Gogo's ROC (Joel Greenblatt) % too high?
Gogo's current ROC (Joel Greenblatt) % of 42.48% is 51% above median its 10-year median of 28.08. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 16.81. Gogo's value of 42.48% is 152.7% above this industry median. Based on the distribution chart, Gogo ranks #66 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Gogo has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gogo's ROC (Joel Greenblatt) % compare to CCOI and SHEN?
According to the Telecommunication Services industry distribution chart, Gogo ranks #66 out of 367 companies for ROC (Joel Greenblatt) %. This places Gogo in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 16.81. Gogo's value of 42.48% is 152.7% above this benchmark. While the company's 10-year median is 28.08 vs. the industry median of 16.81, Gogo 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 16.81, based on 367 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. Gogo's current ROC (Joel Greenblatt) % of 42.48% is 152.7% 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 Gogo and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 16.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gogo's current ROC (Joel Greenblatt) % is 42.48%, which is 51% above median its own 10-year median of 28.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gogo stock overvalued right now?
Based on GuruFocus' analysis, Gogo (LTS:0IYQ) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.00, compared to a current price of $2.54 — trading 84.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 42.48%, which is 51% above median its 10-year median of 28.08 and 152.7% above the Telecommunication Services industry median of 16.81. Gogo's overall GF Score™ is 68/100 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 Gogo (LTS:0IYQ), the current ROC (Joel Greenblatt) % is 42.48% as of Jun. 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 Gogo (LTS:0IYQ) Overvalued in 2026?
Based on GuruFocus' analysis, Gogo stock appears to be undervalued.
The current stock price of $2.54 is trading 84.1% below its estimated GF Value™ of $16.00.
GuruFocus considers Gogo to be Significantly Undervalued.
Key valuation signals for LTS:0IYQ:
ROC (Joel Greenblatt) %: 42.48% (51% above median its 10-year median of 28.08)
GF Value™: $16.00 vs. price of $2.54 (84.1% below fair value)
Industry Position: 152.7% above the Telecommunication Services median (#66 of 367)
No single metric tells the full story. See the LTS:0IYQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services, and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped. Geographically, it operates in United States; and International as well.
68GF Score
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