De'Longhi SpA (MIL:DLG) ROC (Joel Greenblatt) %: 72.63% (As of Mar. 2026) — 24% Above Median


MIL:DLG De'Longhi SpA MIL:DLG
85 GF Score
Price €37.22
GF Value €34.79
Valuation Fairly Valued
! 4 Warning Signs
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What is De'Longhi SpA ROC (Joel Greenblatt) %?

De'Longhi SpA MIL:DLG -0.85% 85 ROC (Joel Greenblatt) % is 72.63% as of Mar. 2026, which is 24% above its 10-year median of 58.43. GuruFocus rates MIL:DLG with a GF Score™ of 85/100 and a GF Value™ of €34.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, De'Longhi SpA ranks better than 95.83% 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. De'Longhi SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 72.63%.

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

MIL:DLG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.86   Med: 58.43   Max: 108.59
Current: 83.83

During the past 13 years, De'Longhi SpA's highest ROC (Joel Greenblatt) % was 108.59%. The lowest was 36.86%. And the median was 58.43%.

MIL:DLG's ROC (Joel Greenblatt) % is ranked better than
95.83% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.4 vs MIL:DLG: 83.83

De'Longhi SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.20% per year.


De'Longhi SpA  (MIL:DLG) 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.


De'Longhi SpA ROC (Joel Greenblatt) % Related Terms


De'Longhi SpA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for De'Longhi 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.

De'Longhi SpA ROC (Joel Greenblatt) % Chart

De'Longhi 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 108.59 54.80 65.20 88.15 87.23

De'Longhi SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 56.74 59.60 81.31 120.02 72.63

MIL:DLG vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, De'Longhi 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.


De'Longhi SpA ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SpA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


MIL:DLG
85GF Score
De'Longhi SpA MIL:DLG
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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De'Longhi 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(351.569 + 605.95 + 46.407) - (1162.346 + 0 + 21.86)
=-180.28

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(256.9 + 729.3 + 0) - (991.9 + 0 + -12.8)
=7.0999999999999

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of De'Longhi SpA for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=381.6/( ( (523.07 + max(-180.28, 0)) + (520.6 + max(7.0999999999999, 0)) )/ 2 )
=381.6/( ( 523.07 + 527.7 )/ 2 )
=381.6/525.385
=72.63 %

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 72.63% mean?
De'Longhi SpA (MIL:DLG) has a ROC (Joel Greenblatt) % of 72.63% 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 De'Longhi SpA and its competitors. This is 24% above median its historical median of 58.43. Over the past decade, De'Longhi SpA's ROC (Joel Greenblatt) % has ranged from 36.86 to 108.59. According to the industry distribution chart, De'Longhi SpA ranks #18 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 4.2%.
Is De'Longhi SpA's ROC (Joel Greenblatt) % too high?
De'Longhi SpA's current ROC (Joel Greenblatt) % of 72.63% is 24% above median its 10-year median of 58.43. Over the past 10 years, this metric has ranged from a low of 36.86 to a high of 108.59. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.40. De'Longhi SpA's value of 72.63% is 672.7% above this industry median. Based on the distribution chart, De'Longhi SpA ranks #18 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, De'Longhi SpA has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does De'Longhi SpA's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, De'Longhi SpA ranks #18 out of 432 companies for ROC (Joel Greenblatt) %. This places De'Longhi SpA in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.40. De'Longhi SpA's value of 72.63% is 672.7% above this benchmark. Historically, De'Longhi SpA's own ROC (Joel Greenblatt) % has ranged from 36.86 to 108.59 over the past decade. While the company's 10-year median is 58.43 vs. the industry median of 9.40, De'Longhi 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.40, based on 432 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. De'Longhi SpA's current ROC (Joel Greenblatt) % of 72.63% is 672.7% 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 De'Longhi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De'Longhi SpA's current ROC (Joel Greenblatt) % is 72.63%, which is 24% above median its own 10-year median of 58.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De'Longhi SpA stock overvalued right now?
Based on GuruFocus' analysis, De'Longhi SpA (MIL:DLG) is currently considered Fairly Valued. The stock's GF Value™ is €34.79, compared to a current price of €37.22 — trading 7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 72.63%, which is 24% above median its 10-year median of 58.43 and 672.7% above the Furnishings, Fixtures & Appliances industry median of 9.40. De'Longhi SpA's overall GF Score™ is 85/100 with 4 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 De'Longhi SpA (MIL:DLG), the current ROC (Joel Greenblatt) % is 72.63% 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 De'Longhi SpA (MIL:DLG) Overvalued in 2026?

Based on GuruFocus' analysis, De'Longhi SpA stock appears to be overvalued. The current stock price of €37.22 is trading 7% above its estimated GF Value™ of €34.79. GuruFocus considers De'Longhi SpA to be Fairly Valued.

Key valuation signals for MIL:DLG:

  • ROC (Joel Greenblatt) %: 72.63% (24% above median its 10-year median of 58.43)
  • GF Value™: €34.79 vs. price of €37.22 (7% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 672.7% above the Furnishings, Fixtures & Appliances median (#18 of 432)

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


De'Longhi SpA Business Description

Address Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, home-care products, air conditioners and air treatment products, electric heaters, and others. The company offers products under four brands: De'Longhi, Kenwood, Braun, and Ariete. It has two business segment Household and Professional divisions. Key revenue is generated from Household segment. The company has a business presence across the world, including Europe, America, MEIA Asia Pacific, and others, The company generates maximum revenue from Europe.
85GF Score

Get the complete analysis for MIL:DLG

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

€37.22
Price
€34.79
GF Value