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Sys-Dat SpAMIL:SYS +0.68%21 ROC (Joel Greenblatt) % is 148.36% as of Mar. 2026, which is 12% above its 10-year median of 131.96. GuruFocus rates MIL:SYS with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 2,816 Software companies, Sys-Dat SpA ranks better than 77.06% 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. Sys-Dat SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 148.36%.
The historical rank and industry rank for Sys-Dat SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:SYS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 109.91 Med: 131.96 Max: 165.5
Current: 129
During the past 6 years, Sys-Dat SpA's highest ROC (Joel Greenblatt) % was 165.50%. The lowest was 109.91%. And the median was 131.96%.
MIL:SYS's ROC (Joel Greenblatt) % is ranked better than 77.06% of 2816
companies
in the Software industry
Industry Median: 20.03
vs MIL:SYS: 129.00
Sys-Dat 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.
Sys-Dat SpA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sys-Dat 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:SYS vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Sys-Dat 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.
Sys-Dat SpA ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Sys-Dat SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sys-Dat 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 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 148.36% mean?
Sys-Dat SpA (MIL:SYS) has a ROC (Joel Greenblatt) % of 148.36% 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 Sys-Dat SpA and its competitors. This is 12% above median its historical median of 131.96. Over the past decade, Sys-Dat SpA's ROC (Joel Greenblatt) % has ranged from 109.91 to 165.50. According to the industry distribution chart, Sys-Dat SpA ranks #646 out of 2816 companies in the Software industry, placing it in the top 22.9%.
Is Sys-Dat SpA's ROC (Joel Greenblatt) % too high?
Sys-Dat SpA's current ROC (Joel Greenblatt) % of 148.36% is 12% above median its 10-year median of 131.96. Over the past 10 years, this metric has ranged from a low of 109.91 to a high of 165.50. The Software industry median ROC (Joel Greenblatt) % is 20.03. Sys-Dat SpA's value of 148.36% is 640.7% above this industry median. Based on the distribution chart, Sys-Dat SpA ranks #646 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sys-Dat SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Sys-Dat SpA's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Sys-Dat SpA ranks #646 out of 2816 companies for ROC (Joel Greenblatt) %. This places Sys-Dat SpA in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.03. Sys-Dat SpA's value of 148.36% is 640.7% above this benchmark. Historically, Sys-Dat SpA's own ROC (Joel Greenblatt) % has ranged from 109.91 to 165.50 over the past decade. While the company's 10-year median is 131.96 vs. the industry median of 20.03, Sys-Dat 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.03, based on 2,816 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. Sys-Dat SpA's current ROC (Joel Greenblatt) % of 148.36% is 640.7% 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 Sys-Dat SpA and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sys-Dat SpA's current ROC (Joel Greenblatt) % is 148.36%, which is 12% above median its own 10-year median of 131.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sys-Dat SpA stock overvalued right now?
Sys-Dat SpA (MIL:SYS) has a current ROC (Joel Greenblatt) % of 148.36%. The current ROC (Joel Greenblatt) % is 148.36%, which is 12% above median its 10-year median of 131.96 and 640.7% above the Software industry median of 20.03. Sys-Dat SpA's overall GF Score™ is 21/100 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 Sys-Dat SpA (MIL:SYS), the current ROC (Joel Greenblatt) % is 148.36% 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.
Sys-Dat SpA is an IT solution company in Italy. The Group offers IT solutions for its clients such as fashion & luxury, manufacturing, ceramics, food & beverage, healthcare, logistics, publishing, banking, and professional services (law firms), retail, and distribution. Geographically, it generates the majority of its revenue from Italy. The solutions provided by the company consist of Business Intelligence, Servizi Cloud, CRM, Retail & Sales Digital Suite, Controllo energetico, Digital Marketing, EDI, Gestione HR, and GDPR & Privacy.
21GF Score
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