DO AGMIL:1DOC 67 ROC (Joel Greenblatt) % is 32.73% as of Mar. 2026, which is 44% above its 10-year median of 22.71. GuruFocus rates MIL:1DOC with a GF Score™ of 67/100 and a GF Value™ of €202.72 (Fairly Valued). The stock has 5 warning signs investors should review. Among 996 Transportation companies, DO AG ranks better than 87.85% 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. DO AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.73%.
The historical rank and industry rank for DO AG's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:1DOC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.59 Med: 22.71 Max: 39.21
Current: 39.13
During the past 13 years, DO AG's highest ROC (Joel Greenblatt) % was 39.21%. The lowest was -5.59%. And the median was 22.71%.
MIL:1DOC's ROC (Joel Greenblatt) % is ranked better than 87.85% of 996
companies
in the Transportation industry
Industry Median: 11.695
vs MIL:1DOC: 39.13
DO AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
DO AG (MIL:1DOC) 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 DO AG'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.
MIL:1DOC vs JOBY, CAAP: ROC (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, DO AG'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.
DO AG ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, DO AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where DO AG'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 32.73% mean?
DO AG (MIL:1DOC) has a ROC (Joel Greenblatt) % of 32.73% 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 DO AG and its competitors. This is 44% above median its historical median of 22.71. According to the industry distribution chart, DO AG ranks #121 out of 996 companies in the Transportation industry, placing it in the top 12.1%.
Is DO AG's ROC (Joel Greenblatt) % too high?
DO AG's current ROC (Joel Greenblatt) % of 32.73% is 44% above median its 10-year median of 22.71. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. DO AG's value of 32.73% is 179.9% above this industry median. Based on the distribution chart, DO AG ranks #121 out of 996 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, DO AG has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DO AG's ROC (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, DO AG ranks #121 out of 996 companies for ROC (Joel Greenblatt) %. This places DO AG in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. DO AG's value of 32.73% is 179.9% above this benchmark. While the company's 10-year median is 22.71 vs. the industry median of 11.70, DO AG 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 996 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. DO AG's current ROC (Joel Greenblatt) % of 32.73% is 179.9% 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 DO AG and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DO AG's current ROC (Joel Greenblatt) % is 32.73%, which is 44% above median its own 10-year median of 22.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DO AG stock overvalued right now?
Based on GuruFocus' analysis, DO AG (MIL:1DOC) is currently considered Fairly Valued. The stock's GF Value™ is €202.72, compared to a current price of €222.00 — trading 9.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.73%, which is 44% above median its 10-year median of 22.71 and 179.9% above the Transportation industry median of 11.70. DO AG's overall GF Score™ is 67/100 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 DO AG (MIL:1DOC), the current ROC (Joel Greenblatt) % is 32.73% 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 DO AG (MIL:1DOC) Overvalued in 2026?
Based on GuruFocus' analysis, DO AG stock appears to be overvalued.
The current stock price of €222.00 is trading 9.5% above its estimated GF Value™ of €202.72.
GuruFocus considers DO AG to be Fairly Valued.
Key valuation signals for MIL:1DOC:
ROC (Joel Greenblatt) %: 32.73% (44% above median its 10-year median of 22.71)
GF Value™: €202.72 vs. price of €222.00 (9.5% above fair value)
Industry Position: 179.9% above the Transportation median (#121 of 996)
No single metric tells the full story. See the MIL:1DOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DO & Co AG is a gourmet entertainment company. It is active in three business segments: Airline Catering, International Events Catering, and Restaurants, Lounges, and Hotels. The majority of its revenue is generated from the Airline Catering segment, which includes operating gourmet kitchens at various international airports. Its clientele includes players such as Austrian Airlines, British Airways, Cathay Pacific, China Airlines, Delta Air Lines, Emirates, Etihad Airways, EVA Air, Egypt Air, Iberia, Iberia Express, JetBlue, Korean Air, LOT Polish Airlines, Oman Air, Pegasus Airlines, Qatar Airways, Singapore Airlines, Thai Airways and Turkish Airlines. It has presence in Turkiye, Austria, Great Britain, Germany, USA, Spain, other countries of which majority of revenue is from Turkiye.
67GF 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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