Redelfi SpAMIL:RDF -1.44%41 ROC (Joel Greenblatt) % is 29.10% as of Dec. 2025, which is 70% below its 10-year median of 95.81. GuruFocus rates MIL:RDF with a GF Score™ of 41/100 and a GF Value™ of €2.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 435 Utilities - Independent Power Producers companies, Redelfi SpA ranks better than 90.57% 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. Redelfi SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.10%.
The historical rank and industry rank for Redelfi SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:RDF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 50.2 Med: 95.81 Max: 291.49
Current: 52.52
During the past 5 years, Redelfi SpA's highest ROC (Joel Greenblatt) % was 291.49%. The lowest was 50.20%. And the median was 95.81%.
MIL:RDF's ROC (Joel Greenblatt) % is ranked better than 90.57% of 435
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.58
vs MIL:RDF: 52.52
Redelfi 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.
Redelfi SpA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Redelfi 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.
For the Utilities - Renewable subindustry, Redelfi 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.
Redelfi SpA ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Redelfi SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Redelfi 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 29.10% mean?
Redelfi SpA (MIL:RDF) has a ROC (Joel Greenblatt) % of 29.10% 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 Redelfi SpA and its competitors. This is 70% below median its historical median of 95.81. Over the past decade, Redelfi SpA's ROC (Joel Greenblatt) % has ranged from 50.20 to 291.49. According to the industry distribution chart, Redelfi SpA ranks #41 out of 435 companies in the Utilities - Independent Power Producers industry, placing it in the top 9.4%.
Is Redelfi SpA's ROC (Joel Greenblatt) % too high?
Redelfi SpA's current ROC (Joel Greenblatt) % of 29.10% is 70% below median its 10-year median of 95.81. Over the past 10 years, this metric has ranged from a low of 50.20 to a high of 291.49. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.58. Redelfi SpA's value of 29.10% is 342.2% above this industry median. Based on the distribution chart, Redelfi SpA ranks #41 out of 435 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Redelfi SpA has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redelfi SpA's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Redelfi SpA ranks #41 out of 435 companies for ROC (Joel Greenblatt) %. This places Redelfi SpA in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.58. Redelfi SpA's value of 29.10% is 342.2% above this benchmark. Historically, Redelfi SpA's own ROC (Joel Greenblatt) % has ranged from 50.20 to 291.49 over the past decade. While the company's 10-year median is 95.81 vs. the industry median of 6.58, Redelfi 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 - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.58, based on 435 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. Redelfi SpA's current ROC (Joel Greenblatt) % of 29.10% is 342.2% 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 Redelfi SpA and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redelfi SpA's current ROC (Joel Greenblatt) % is 29.10%, which is 70% below median its own 10-year median of 95.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redelfi SpA stock overvalued right now?
Based on GuruFocus' analysis, Redelfi SpA (MIL:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.23, compared to a current price of €10.94 — trading 390.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.10%, which is 70% below median its 10-year median of 95.81 and 342.2% above the Utilities - Independent Power Producers industry median of 6.58. Redelfi SpA's overall GF Score™ is 41/100 with 3 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 Redelfi SpA (MIL:RDF), the current ROC (Joel Greenblatt) % is 29.10% 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 Redelfi SpA (MIL:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redelfi SpA stock appears to be overvalued.
The current stock price of €10.94 is trading 390.6% above its estimated GF Value™ of €2.23.
GuruFocus considers Redelfi SpA to be Significantly Overvalued.
Key valuation signals for MIL:RDF:
ROC (Joel Greenblatt) %: 29.10% (70% below median its 10-year median of 95.81)
GF Value™: €2.23 vs. price of €10.94 (390.6% above fair value)
Industry Position: 342.2% above the Utilities - Independent Power Producers median (#41 of 435)
No single metric tells the full story. See the MIL:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redelfi SpA operates as an industrial ESG management company. It specializes in the deployment of technological solutions related to the digital and ecological transition. The company's different business units are; Green which is engaged in the installation of renewable energy infrastructures (solar, wind, and hydroelectric), solar parks, mini hydroelectric power plants, energy storage parks, etc; MarTech which is oriented towards product and process innovation related to the IT market; and GreenTech which is engaged in the development of digital solutions (blockchain, crypto-currencies, etc.) for environmental projects such as reduction of CO2 emissions, fight against climate change, reforestation, etc.
41GF Score
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