Next Geosolutions Europe SpAMIL:NXT 20 ROC (Joel Greenblatt) % is 52.73% as of Dec. 2025, which is 25% below its 10-year median of 70.72. GuruFocus rates MIL:NXT with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 998 Oil & Gas companies, Next Geosolutions Europe SpA ranks better than 94.29% 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. Next Geosolutions Europe SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 52.73%.
The historical rank and industry rank for Next Geosolutions Europe SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:NXT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.04 Med: 70.72 Max: 84.54
Current: 60.89
During the past 4 years, Next Geosolutions Europe SpA's highest ROC (Joel Greenblatt) % was 84.54%. The lowest was 25.04%. And the median was 70.72%.
MIL:NXT's ROC (Joel Greenblatt) % is ranked better than 94.29% of 998
companies
in the Oil & Gas industry
Industry Median: 8.415
vs MIL:NXT: 60.89
Next Geosolutions Europe SpA (MIL:NXT) 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.
* 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.
Next Geosolutions Europe SpA ROC (Joel Greenblatt) % Chart
MIL:NXT vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Next Geosolutions Europe 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.
Next Geosolutions Europe SpA ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Next Geosolutions Europe SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Next Geosolutions Europe SpA's ROC (Joel Greenblatt) % falls into.
Next Geosolutions Europe 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:
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 52.73% mean?
Next Geosolutions Europe SpA (MIL:NXT) has a ROC (Joel Greenblatt) % of 52.73% 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 Next Geosolutions Europe SpA and its competitors. This is 25% below median its historical median of 70.72. Over the past decade, Next Geosolutions Europe SpA's ROC (Joel Greenblatt) % has ranged from 25.04 to 84.54. According to the industry distribution chart, Next Geosolutions Europe SpA ranks #57 out of 998 companies in the Oil & Gas industry, placing it in the top 5.7%.
Is Next Geosolutions Europe SpA's ROC (Joel Greenblatt) % too high?
Next Geosolutions Europe SpA's current ROC (Joel Greenblatt) % of 52.73% is 25% below median its 10-year median of 70.72. Over the past 10 years, this metric has ranged from a low of 25.04 to a high of 84.54. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.42. Next Geosolutions Europe SpA's value of 52.73% is 526.6% above this industry median. Based on the distribution chart, Next Geosolutions Europe SpA ranks #57 out of 998 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Next Geosolutions Europe SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Next Geosolutions Europe SpA's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Next Geosolutions Europe SpA ranks #57 out of 998 companies for ROC (Joel Greenblatt) %. This places Next Geosolutions Europe SpA in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.42. Next Geosolutions Europe SpA's value of 52.73% is 526.6% above this benchmark. Historically, Next Geosolutions Europe SpA's own ROC (Joel Greenblatt) % has ranged from 25.04 to 84.54 over the past decade. While the company's 10-year median is 70.72 vs. the industry median of 8.42, Next Geosolutions Europe 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.42, 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. Next Geosolutions Europe SpA's current ROC (Joel Greenblatt) % of 52.73% is 526.6% 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 Next Geosolutions Europe SpA and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Geosolutions Europe SpA's current ROC (Joel Greenblatt) % is 52.73%, which is 25% below median its own 10-year median of 70.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Geosolutions Europe SpA stock overvalued right now?
Next Geosolutions Europe SpA (MIL:NXT) has a current ROC (Joel Greenblatt) % of 52.73%. The current ROC (Joel Greenblatt) % is 52.73%, which is 25% below median its 10-year median of 70.72 and 526.6% above the Oil & Gas industry median of 8.42. Next Geosolutions Europe SpA's overall GF Score™ is 20/100 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 Next Geosolutions Europe SpA (MIL:NXT), the current ROC (Joel Greenblatt) % is 52.73% 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.
Next Geosolutions Europe SpA operates in the underwater survey sector, offering marine geoscience services to support the engineering and construction of infrastructures in the EMEA market in favor of companies operating mainly in the sectors of submarine electrical cables and energy renewables (in particular, wind energy) and, to a lesser extent, in the sector Offshore Oil&Gas. The Group operates in different geographical areas; in particular: in the area of the Mediterranean Sea, with particular reference to the area of the Eastern Mediterranean, the Baltic Sea, the North Sea, and the Eastern Atlantic Ocean.
20GF Score
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