MaximusMEX:MMS 77 ROC (Joel Greenblatt) % is 94.24% as of Mar. 2026, which is 18% below its 10-year median of 115.45. GuruFocus rates MEX:MMS with a GF Score™ of 77/100 and a GF Value™ of MXN2,728.17. The stock has 2 warning signs investors should review. Among 1,081 Business Services companies, Maximus ranks better than 82.24% 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. Maximus's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 94.24%.
The historical rank and industry rank for Maximus's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:MMS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 65.41 Med: 115.45 Max: 168.73
Current: 111.28
During the past 13 years, Maximus's highest ROC (Joel Greenblatt) % was 168.73%. The lowest was 65.41%. And the median was 115.45%.
MEX:MMS's ROC (Joel Greenblatt) % is ranked better than 82.24% of 1081
companies
in the Business Services industry
Industry Median: 20.97
vs MEX:MMS: 111.28
Maximus's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.20% per year.
Maximus (MEX:MMS) 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 Maximus'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.
MEX:MMS vs FA, ABM, CMPR: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Maximus'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.
Maximus ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Maximus's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Maximus'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 (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 94.24% mean?
Maximus (MEX:MMS) has a ROC (Joel Greenblatt) % of 94.24% 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 Maximus and its competitors. This is 18% below median its historical median of 115.45. Over the past decade, Maximus' ROC (Joel Greenblatt) % has ranged from 65.41 to 168.73. According to the industry distribution chart, Maximus ranks #192 out of 1081 companies in the Business Services industry, placing it in the top 17.8%.
Is Maximus' ROC (Joel Greenblatt) % too high?
Maximus' current ROC (Joel Greenblatt) % of 94.24% is 18% below median its 10-year median of 115.45. Over the past 10 years, this metric has ranged from a low of 65.41 to a high of 168.73. The Business Services industry median ROC (Joel Greenblatt) % is 20.97. Maximus' value of 94.24% is 349.4% above this industry median. Based on the distribution chart, Maximus ranks #192 out of 1081 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maximus has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Maximus' ROC (Joel Greenblatt) % compare to FA and ABM?
According to the Business Services industry distribution chart, Maximus ranks #192 out of 1081 companies for ROC (Joel Greenblatt) %. This places Maximus in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.97. Maximus' value of 94.24% is 349.4% above this benchmark. Historically, Maximus' own ROC (Joel Greenblatt) % has ranged from 65.41 to 168.73 over the past decade. While the company's 10-year median is 115.45 vs. the industry median of 20.97, Maximus 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 20.97, based on 1,081 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. Maximus's current ROC (Joel Greenblatt) % of 94.24% is 349.4% 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 Maximus and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus's current ROC (Joel Greenblatt) % is 94.24%, which is 18% below median its own 10-year median of 115.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Maximus (MEX:MMS) has a current ROC (Joel Greenblatt) % of 94.24%. The stock's GF Value™ is MXN2,728.17, compared to a current price of MXN1,630.00 — trading 40.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 94.24%, which is 18% below median its 10-year median of 115.45 and 349.4% above the Business Services industry median of 20.97. Maximus' overall GF Score™ is 77/100 with 2 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 Maximus (MEX:MMS), the current ROC (Joel Greenblatt) % is 94.24% 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 Maximus (MEX:MMS) Overvalued in 2026?
Based on GuruFocus' analysis, Maximus stock appears to be undervalued.
The current stock price of MXN1,630.00 is trading 40.3% below its estimated GF Value™ of MXN2,728.17.
Key valuation signals for MEX:MMS:
ROC (Joel Greenblatt) %: 94.24% (18% below median its 10-year median of 115.45)
GF Value™: MXN2,728.17 vs. price of MXN1,630.00 (40.3% below fair value)
Industry Position: 349.4% above the Business Services median (#192 of 1081)
No single metric tells the full story. See the MEX:MMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
77GF Score
Get the complete analysis for MEX:MMS
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
MEX:MMS has been successfully added to your 
