BasicNet SpA (MIL:BAN) ROC (Joel Greenblatt) %: 19.44% (As of Dec. 2025) — 12% Below Median

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MIL:BAN BasicNet SpA MIL:BAN
73 GF Score
Price €6.27
GF Value €6.83
Valuation Fairly Valued
! 3 Warning Signs
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What is BasicNet SpA ROC (Joel Greenblatt) %?

BasicNet SpA MIL:BAN -1.57% 73 ROC (Joel Greenblatt) % is 19.44% as of Dec. 2025, which is 12% below its 10-year median of 22.17. GuruFocus rates MIL:BAN with a GF Score™ of 73/100 and a GF Value™ of €6.83 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,128 Retail - Cyclical companies, BasicNet SpA ranks worse than 70.39% 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. BasicNet SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.44%.

The historical rank and industry rank for BasicNet SpA's ROC (Joel Greenblatt) % or its related term are showing as below:

MIL:BAN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.08   Med: 22.17   Max: 33.44
Current: 3.17

During the past 13 years, BasicNet SpA's highest ROC (Joel Greenblatt) % was 33.44%. The lowest was 3.08%. And the median was 22.17%.

MIL:BAN's ROC (Joel Greenblatt) % is ranked worse than
70.39% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 11.6 vs MIL:BAN: 3.17

BasicNet SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.60% per year.


BasicNet SpA  (MIL:BAN) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


BasicNet SpA ROC (Joel Greenblatt) % Related Terms


BasicNet SpA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BasicNet SpA'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.

BasicNet SpA ROC (Joel Greenblatt) % Chart

BasicNet SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.64 33.44 21.54 22.79 3.08

BasicNet SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.53 9.82 35.70 -15.60 19.44

MIL:BAN vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison

For the Apparel Retail subindustry, BasicNet 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.


BasicNet SpA ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BasicNet SpA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BasicNet SpA's ROC (Joel Greenblatt) % falls into.


MIL:BAN
73GF Score
BasicNet SpA MIL:BAN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BasicNet 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.809 + 142.654 + 21.043) - (113.229 + 0 + 21.821)
=95.456

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(88.779 + 159.629 + 17.382) - (142.76 + 0 + 31.377)
=91.653

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BasicNet SpA for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=44.346/( ( (106.645 + max(95.456, 0)) + (162.578 + max(91.653, 0)) )/ 2 )
=44.346/( ( 202.101 + 254.231 )/ 2 )
=44.346/228.166
=19.44 %

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 19.44% mean?
BasicNet SpA (MIL:BAN) has a ROC (Joel Greenblatt) % of 19.44% 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 BasicNet SpA and its competitors. This is 12% below median its historical median of 22.17. Over the past decade, BasicNet SpA's ROC (Joel Greenblatt) % has ranged from 3.08 to 33.44. According to the industry distribution chart, BasicNet SpA ranks #794 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 70.4%.
Is BasicNet SpA's ROC (Joel Greenblatt) % too high?
BasicNet SpA's current ROC (Joel Greenblatt) % of 19.44% is 12% below median its 10-year median of 22.17. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 33.44. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.60. BasicNet SpA's value of 19.44% is 67.6% above this industry median. Based on the distribution chart, BasicNet SpA ranks #794 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, BasicNet SpA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BasicNet SpA's ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, BasicNet SpA ranks #794 out of 1128 companies for ROC (Joel Greenblatt) %. This places BasicNet SpA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.60. BasicNet SpA's value of 19.44% is 67.6% above this benchmark. Historically, BasicNet SpA's own ROC (Joel Greenblatt) % has ranged from 3.08 to 33.44 over the past decade. While the company's 10-year median is 22.17 vs. the industry median of 11.60, BasicNet SpA 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.60, based on 1,128 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. BasicNet SpA's current ROC (Joel Greenblatt) % of 19.44% is 67.6% 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 BasicNet SpA and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BasicNet SpA's current ROC (Joel Greenblatt) % is 19.44%, which is 12% below median its own 10-year median of 22.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BasicNet SpA stock overvalued right now?
Based on GuruFocus' analysis, BasicNet SpA (MIL:BAN) is currently considered Fairly Valued. The stock's GF Value™ is €6.83, compared to a current price of €6.27 — trading 8.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.44%, which is 12% below median its 10-year median of 22.17 and 67.6% above the Retail - Cyclical industry median of 11.60. BasicNet SpA's overall GF Score™ is 73/100 with 3 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 BasicNet SpA (MIL:BAN), the current ROC (Joel Greenblatt) % is 19.44% 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 BasicNet SpA (MIL:BAN) Overvalued in 2026?

Based on GuruFocus' analysis, BasicNet SpA stock appears to be undervalued. The current stock price of €6.27 is trading 8.2% below its estimated GF Value™ of €6.83. GuruFocus considers BasicNet SpA to be Fairly Valued.

Key valuation signals for MIL:BAN:

  • ROC (Joel Greenblatt) %: 19.44% (12% below median its 10-year median of 22.17)
  • GF Value™: €6.83 vs. price of €6.27 (8.2% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 67.6% above the Retail - Cyclical median (#794 of 1128)

No single metric tells the full story. See the MIL:BAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BasicNet SpA Business Description

Other Exchanges 0N6O:UKBCJ:Germany
Address Largo Maurizio Vitale, 1, Torino, ITA, 10152
BasicNet SpA Group activities involve driving brand enhancement and product distribution directly or through a world'wide network of licensees. This business network is defined as the Network And from which the name BasicNet derives. The Network of licensees encompasses all key markets world'wide. The company has Two operating segments apparel, footwear and accessories, and Real Estate. The company has presence in Italy, EU countries other than Italy, and Rest of the world. The majority of revenue comes from Italy.
73GF Score

Get the complete analysis for MIL:BAN

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.27
Price
€6.83
GF Value