Copernico Sim SpAMIL:COP 65 ROC (Joel Greenblatt) % is 18.04% as of Dec. 2025, which is 276% above its 10-year median of 4.80. GuruFocus rates MIL:COP with a GF Score™ of 65/100 and a GF Value™ of €6.39 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 628 Asset Management companies, Copernico Sim SpA ranks worse than 61.15% 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. Copernico Sim SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.04%.
The historical rank and industry rank for Copernico Sim SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:COP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.1 Med: 4.8 Max: 29.71
Current: 13.6
During the past 10 years, Copernico Sim SpA's highest ROC (Joel Greenblatt) % was 29.71%. The lowest was -16.10%. And the median was 4.80%.
MIL:COP's ROC (Joel Greenblatt) % is ranked worse than 61.15% of 628
companies
in the Asset Management industry
Industry Median: 63.66
vs MIL:COP: 13.60
Copernico Sim SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Copernico Sim SpA ROC (Joel Greenblatt) % Related Terms
Copernico Sim SpA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Copernico Sim 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.
MIL:COP vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Copernico Sim 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.
Copernico Sim SpA ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Copernico Sim SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Copernico Sim SpA'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 18.04% mean?
Copernico Sim SpA (MIL:COP) has a ROC (Joel Greenblatt) % of 18.04% 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 Copernico Sim SpA and its competitors. This is 276% above median its historical median of 4.80. According to the industry distribution chart, Copernico Sim SpA ranks #384 out of 628 companies in the Asset Management industry, placing it in the top 61.1%.
Is Copernico Sim SpA's ROC (Joel Greenblatt) % too high?
Copernico Sim SpA's current ROC (Joel Greenblatt) % of 18.04% is 276% above median its 10-year median of 4.80. The Asset Management industry median ROC (Joel Greenblatt) % is 63.66. Copernico Sim SpA's value of 18.04% is 71.7% below this industry median. Based on the distribution chart, Copernico Sim SpA ranks #384 out of 628 companies in the Asset Management industry, which is below the industry midpoint. Overall, Copernico Sim SpA has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Copernico Sim SpA's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Copernico Sim SpA ranks #384 out of 628 companies for ROC (Joel Greenblatt) %. This places Copernico Sim SpA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.66. Copernico Sim SpA's value of 18.04% is 71.7% below this benchmark. While the company's 10-year median is 4.80 vs. the industry median of 63.66, Copernico Sim SpA has consistently been below 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.66, based on 628 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. Copernico Sim SpA's current ROC (Joel Greenblatt) % of 18.04% is 71.7% below 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 Copernico Sim SpA and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copernico Sim SpA's current ROC (Joel Greenblatt) % is 18.04%, which is 276% above median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copernico Sim SpA stock overvalued right now?
Based on GuruFocus' analysis, Copernico Sim SpA (MIL:COP) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.39, compared to a current price of €8.00 — trading 25.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 18.04%, which is 276% above median its 10-year median of 4.80 and 71.7% below the Asset Management industry median of 63.66. Copernico Sim SpA's overall GF Score™ is 65/100 with 7 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 Copernico Sim SpA (MIL:COP), the current ROC (Joel Greenblatt) % is 18.04% 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 Copernico Sim SpA (MIL:COP) Overvalued in 2026?
Based on GuruFocus' analysis, Copernico Sim SpA stock appears to be overvalued.
The current stock price of €8.00 is trading 25.2% above its estimated GF Value™ of €6.39.
GuruFocus considers Copernico Sim SpA to be Modestly Overvalued.
Key valuation signals for MIL:COP:
ROC (Joel Greenblatt) %: 18.04% (276% above median its 10-year median of 4.80)
GF Value™: €6.39 vs. price of €8.00 (25.2% above fair value)
Industry Position: 71.7% below the Asset Management median (#384 of 628)
No single metric tells the full story. See the MIL:COP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Copernico Sim SpA is an Italy-based financial consulting firm. It focuses on providing the following services; investment advisory services in Italy with the placement of financial and insurance products, spot analysis, portfolio analysis, wealth consulting, and personalized investment consultancy services.
65GF Score
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