Lindbergh SpA (MIL:LDB) ROC (Joel Greenblatt) %: 58.33% (As of Dec. 2025) — 97% Above Median


MIL:LDB Lindbergh SpA MIL:LDB
78 GF Score
Price €14.65
GF Value €6.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Lindbergh SpA ROC (Joel Greenblatt) %?

Lindbergh SpA MIL:LDB -1.01% 78 ROC (Joel Greenblatt) % is 58.33% as of Dec. 2025, which is 97% above its 10-year median of 29.57. GuruFocus rates MIL:LDB with a GF Score™ of 78/100 and a GF Value™ of €6.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 998 Transportation companies, Lindbergh SpA ranks better than 90.68% 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. Lindbergh SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 58.33%.

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

MIL:LDB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.87   Med: 29.57   Max: 52
Current: 52

During the past 7 years, Lindbergh SpA's highest ROC (Joel Greenblatt) % was 52.00%. The lowest was 23.87%. And the median was 29.57%.

MIL:LDB's ROC (Joel Greenblatt) % is ranked better than
90.68% of 998 companies
in the Transportation industry
Industry Median: 11.695 vs MIL:LDB: 52.00

Lindbergh SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.70% per year.


Lindbergh SpA  (MIL:LDB) 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.


Lindbergh SpA ROC (Joel Greenblatt) % Related Terms


Lindbergh SpA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Lindbergh 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.

Lindbergh SpA ROC (Joel Greenblatt) % Chart

Lindbergh SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 24.20 23.87 29.14 33.59 48.56

Lindbergh SpA Semi-Annual Data
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 22.57 37.09 32.72 49.17 58.33

MIL:LDB vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Lindbergh 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.


Lindbergh SpA ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Lindbergh SpA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


MIL:LDB
78GF Score
Lindbergh SpA MIL:LDB
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lindbergh 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)
=(6.157 + 1.643 + 0.898) - (8.609 + 0 + 1.005)
=-0.916

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.249 + 2.622 + 2.703) - (12.779 + 0 + 1.046)
=-0.251

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lindbergh 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 )
=4.13/( ( (6.093 + max(-0.916, 0)) + (8.069 + max(-0.251, 0)) )/ 2 )
=4.13/( ( 6.093 + 8.069 )/ 2 )
=4.13/7.081
=58.33 %

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 58.33% mean?
Lindbergh SpA (MIL:LDB) has a ROC (Joel Greenblatt) % of 58.33% 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 Lindbergh SpA and its competitors. This is 97% above median its historical median of 29.57. Over the past decade, Lindbergh SpA's ROC (Joel Greenblatt) % has ranged from 23.87 to 52.00. According to the industry distribution chart, Lindbergh SpA ranks #93 out of 998 companies in the Transportation industry, placing it in the top 9.3%.
Is Lindbergh SpA's ROC (Joel Greenblatt) % too high?
Lindbergh SpA's current ROC (Joel Greenblatt) % of 58.33% is 97% above median its 10-year median of 29.57. Over the past 10 years, this metric has ranged from a low of 23.87 to a high of 52.00. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. Lindbergh SpA's value of 58.33% is 398.8% above this industry median. Based on the distribution chart, Lindbergh SpA ranks #93 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Lindbergh SpA has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindbergh SpA's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Lindbergh SpA ranks #93 out of 998 companies for ROC (Joel Greenblatt) %. This places Lindbergh SpA in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. Lindbergh SpA's value of 58.33% is 398.8% above this benchmark. Historically, Lindbergh SpA's own ROC (Joel Greenblatt) % has ranged from 23.87 to 52.00 over the past decade. While the company's 10-year median is 29.57 vs. the industry median of 11.70, Lindbergh 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 998 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. Lindbergh SpA's current ROC (Joel Greenblatt) % of 58.33% is 398.8% 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 Lindbergh SpA 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. Lindbergh SpA's current ROC (Joel Greenblatt) % is 58.33%, which is 97% above median its own 10-year median of 29.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindbergh SpA stock overvalued right now?
Based on GuruFocus' analysis, Lindbergh SpA (MIL:LDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.10, compared to a current price of €14.65 — trading 140.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 58.33%, which is 97% above median its 10-year median of 29.57 and 398.8% above the Transportation industry median of 11.70. Lindbergh SpA's overall GF Score™ is 78/100 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 Lindbergh SpA (MIL:LDB), the current ROC (Joel Greenblatt) % is 58.33% 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 Lindbergh SpA (MIL:LDB) Overvalued in 2026?

Based on GuruFocus' analysis, Lindbergh SpA stock appears to be overvalued. The current stock price of €14.65 is trading 140.2% above its estimated GF Value™ of €6.10. GuruFocus considers Lindbergh SpA to be Significantly Overvalued.

Key valuation signals for MIL:LDB:

  • ROC (Joel Greenblatt) %: 58.33% (97% above median its 10-year median of 29.57)
  • GF Value™: €6.10 vs. price of €14.65 (140.2% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 398.8% above the Transportation median (#93 of 998)

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


Lindbergh SpA Business Description

Other Exchanges D8M:Germany
Address Via Guarneri Zanetti 22, Pescarolo Ed Uniti, ITA, 26033
Lindbergh SpA offers value-added logistics services to customers in a variety of industries through networks of technical assistance and field operations management. Additionally, it operates two other business units: Waste Management/Circular Economy and HVAC (heating, ventilation, and air-conditioning) services. Maximum revenue is generated from the HVAC business unit, which is mainly engaged in servicing and installing HVAC equipment. The Circular Economy services unit manages the entire flow of industrial waste and acts as a single point of contact for large customers with special needs and requirements relating to waste disposal and recovery. Geographically, the Group generates maximum revenue from its business in Italy, and the rest from the EU (excluding Italy) and Non-EU countries.
78GF Score

Get the complete analysis for MIL:LDB

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

€14.65
Price
€6.10
GF Value