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.
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.
High CoLTS:0O9Y +1.14%72 ROC (Joel Greenblatt) % is 77.97% as of Dec. 2025, which is 34% below its 10-year median of 119.01. GuruFocus rates LTS:0O9Y with a GF Score™ of 72/100 and a GF Value™ of €3.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,013 Media - Diversified companies, High Co ranks better than 87.86% 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. High Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 77.97%.
The historical rank and industry rank for High Co's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0O9Y'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 43.57 Med: 119.01 Max: 584.84
Current: 129.62
During the past 13 years, High Co's highest ROC (Joel Greenblatt) % was 584.84%. The lowest was 43.57%. And the median was 119.01%.
LTS:0O9Y's ROC (Joel Greenblatt) % is ranked better than 87.86% of 1013
companies
in the Media - Diversified industry
Industry Median: 9.89
vs LTS:0O9Y: 129.62
High Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.20% per year.
High Co (LTS:0O9Y) 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.
The historical data trend for High Co'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:0O9Y vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison
For the Advertising Agencies subindustry, High Co'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.
High Co ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, High Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where High Co'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 77.97% mean?
High Co (LTS:0O9Y) has a ROC (Joel Greenblatt) % of 77.97% 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 High Co and its competitors. This is 34% below median its historical median of 119.01. Over the past decade, High Co's ROC (Joel Greenblatt) % has ranged from 43.57 to 584.84. According to the industry distribution chart, High Co ranks #123 out of 1013 companies in the Media - Diversified industry, placing it in the top 12.1%.
Is High Co's ROC (Joel Greenblatt) % too high?
High Co's current ROC (Joel Greenblatt) % of 77.97% is 34% below median its 10-year median of 119.01. Over the past 10 years, this metric has ranged from a low of 43.57 to a high of 584.84. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.89. High Co's value of 77.97% is 688.4% above this industry median. Based on the distribution chart, High Co ranks #123 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, High Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does High Co's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, High Co ranks #123 out of 1013 companies for ROC (Joel Greenblatt) %. This places High Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.89. High Co's value of 77.97% is 688.4% above this benchmark. Historically, High Co's own ROC (Joel Greenblatt) % has ranged from 43.57 to 584.84 over the past decade. While the company's 10-year median is 119.01 vs. the industry median of 9.89, High Co 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.89, based on 1,013 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. High Co's current ROC (Joel Greenblatt) % of 77.97% is 688.4% 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 High Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Co's current ROC (Joel Greenblatt) % is 77.97%, which is 34% below median its own 10-year median of 119.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Co stock overvalued right now?
Based on GuruFocus' analysis, High Co (LTS:0O9Y) is currently considered Fairly Valued. The stock's GF Value™ is €3.90, compared to a current price of €3.56 — trading 8.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 77.97%, which is 34% below median its 10-year median of 119.01 and 688.4% above the Media - Diversified industry median of 9.89. High Co's overall GF Score™ is 72/100 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 High Co (LTS:0O9Y), the current ROC (Joel Greenblatt) % is 77.97% 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 High Co (LTS:0O9Y) Overvalued in 2026?
Based on GuruFocus' analysis, High Co stock appears to be undervalued.
The current stock price of €3.56 is trading 8.7% below its estimated GF Value™ of €3.90.
GuruFocus considers High Co to be Fairly Valued.
Key valuation signals for LTS:0O9Y:
ROC (Joel Greenblatt) %: 77.97% (34% below median its 10-year median of 119.01)
GF Value™: €3.90 vs. price of €3.56 (8.7% below fair value)
Industry Position: 688.4% above the Media - Diversified median (#123 of 1013)
No single metric tells the full story. See the LTS:0O9Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Co is a France based company engaged in offering marketing solutions for various brands and stores worldwide. The company provides drive to store solutions to generate traffic and develop a preference for the brand and store; in-store solutions to boost sales at physical points of sale and online, and data analysis and management solutions to enhance understanding of shoppers and target actions with a focus on R.O.I.
72GF Score
Get the complete analysis for LTS:0O9Y
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0O9Y has been successfully added to your 
