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Eviso SpAMIL:EVISO -1.96%84 ROC (Joel Greenblatt) % is 83.97% as of Dec. 2025, which is 19% below its 10-year median of 103.98. GuruFocus rates MIL:EVISO with a GF Score™ of 84/100 and a GF Value™ of €8.63 (Fairly Valued). The stock has 8 warning signs investors should review. Among 504 Utilities - Regulated companies, Eviso SpA ranks better than 89.68% 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. Eviso SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 83.97%.
The historical rank and industry rank for Eviso SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:EVISO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.44 Med: 103.98 Max: 438.57
Current: 63.44
During the past 8 years, Eviso SpA's highest ROC (Joel Greenblatt) % was 438.57%. The lowest was -4.44%. And the median was 103.98%.
MIL:EVISO's ROC (Joel Greenblatt) % is ranked better than 89.68% of 504
companies
in the Utilities - Regulated industry
Industry Median: 10.81
vs MIL:EVISO: 63.44
Eviso 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.
The historical data trend for Eviso 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:EVISO vs NEE, SO, DUK: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, Eviso 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.
Eviso SpA ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eviso SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eviso 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 83.97% mean?
Eviso SpA (MIL:EVISO) has a ROC (Joel Greenblatt) % of 83.97% 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 Eviso SpA and its competitors. This is 19% below median its historical median of 103.98. According to the industry distribution chart, Eviso SpA ranks #52 out of 504 companies in the Utilities - Regulated industry, placing it in the top 10.3%.
Is Eviso SpA's ROC (Joel Greenblatt) % too high?
Eviso SpA's current ROC (Joel Greenblatt) % of 83.97% is 19% below median its 10-year median of 103.98. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.81. Eviso SpA's value of 83.97% is 676.8% above this industry median. Based on the distribution chart, Eviso SpA ranks #52 out of 504 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Eviso SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eviso SpA's ROC (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Eviso SpA ranks #52 out of 504 companies for ROC (Joel Greenblatt) %. This places Eviso SpA in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.81. Eviso SpA's value of 83.97% is 676.8% above this benchmark. While the company's 10-year median is 103.98 vs. the industry median of 10.81, Eviso 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 an Utilities - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.81, based on 504 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. Eviso SpA's current ROC (Joel Greenblatt) % of 83.97% is 676.8% 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 Eviso SpA and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eviso SpA's current ROC (Joel Greenblatt) % is 83.97%, which is 19% below median its own 10-year median of 103.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eviso SpA stock overvalued right now?
Based on GuruFocus' analysis, Eviso SpA (MIL:EVISO) is currently considered Fairly Valued. The stock's GF Value™ is €8.63, compared to a current price of €9.50 — trading 10.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 83.97%, which is 19% below median its 10-year median of 103.98 and 676.8% above the Utilities - Regulated industry median of 10.81. Eviso SpA's overall GF Score™ is 84/100 with 8 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 Eviso SpA (MIL:EVISO), the current ROC (Joel Greenblatt) % is 83.97% 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 Eviso SpA (MIL:EVISO) Overvalued in 2026?
Based on GuruFocus' analysis, Eviso SpA stock appears to be overvalued.
The current stock price of €9.50 is trading 10.1% above its estimated GF Value™ of €8.63.
GuruFocus considers Eviso SpA to be Fairly Valued.
Key valuation signals for MIL:EVISO:
ROC (Joel Greenblatt) %: 83.97% (19% below median its 10-year median of 103.98)
GF Value™: €8.63 vs. price of €9.50 (10.1% above fair value)
Industry Position: 676.8% above the Utilities - Regulated median (#52 of 504)
No single metric tells the full story. See the MIL:EVISO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eviso SpA specializes in the supply of electricity for small and medium-sized enterprises, farms, shops and restaurants in low voltage and medium voltage. The coverage for the supply of electricity is active in all regions of Italy.
84GF Score
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