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. MACOM Technology Solutions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.31%.
The historical rank and industry rank for MACOM Technology Solutions Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
MTSI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -136.01 Med: -3.31 Max: 106.4
Current: 43.15
During the past 13 years, MACOM Technology Solutions Holdings's highest ROC (Joel Greenblatt) % was 106.40%. The lowest was -136.01%. And the median was -3.31%.
MTSI's ROC (Joel Greenblatt) % is ranked better than 82.83% of 1025
companies
in the Semiconductors industry
Industry Median: 8.19
vs MTSI: 43.15
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.
MTSI vs ON, LSCC, SITM: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, MACOM Technology Solutions Holdings'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.
MACOM Technology Solutions Holdings ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MACOM Technology Solutions Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MACOM Technology Solutions Holdings'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 43.31% mean?
MACOM Technology Solutions Holdings (MTSI) has a ROC (Joel Greenblatt) % of 43.31% 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 MACOM Technology Solutions Holdings and its competitors. According to the industry distribution chart, MACOM Technology Solutions Holdings ranks #176 out of 1025 companies in the Semiconductors industry, placing it in the top 17.2%.
Is MACOM Technology Solutions Holdings' ROC (Joel Greenblatt) % too high?
MACOM Technology Solutions Holdings' current ROC (Joel Greenblatt) % is 43.31%. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.19. MACOM Technology Solutions Holdings' value of 43.31% is 428.8% above this industry median. Based on the distribution chart, MACOM Technology Solutions Holdings ranks #176 out of 1025 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, MACOM Technology Solutions Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MACOM Technology Solutions Holdings' ROC (Joel Greenblatt) % compare to ON and LSCC?
According to the Semiconductors industry distribution chart, MACOM Technology Solutions Holdings ranks #176 out of 1025 companies for ROC (Joel Greenblatt) %. This places MACOM Technology Solutions Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.19. MACOM Technology Solutions Holdings' value of 43.31% is 428.8% above this benchmark. 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.19, based on 1,025 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. MACOM Technology Solutions Holdings's current ROC (Joel Greenblatt) % of 43.31% is 428.8% 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 MACOM Technology Solutions Holdings and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MACOM Technology Solutions Holdings's current ROC (Joel Greenblatt) % is 43.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MACOM Technology Solutions Holdings stock overvalued right now?
Based on GuruFocus' analysis, MACOM Technology Solutions Holdings (MTSI) is currently considered Significantly Overvalued. The stock's GF Value™ is $170.88, compared to a current price of $372.59 — trading 118% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.31% and 428.8% above the Semiconductors industry median of 8.19. MACOM Technology Solutions Holdings' overall GF Score™ is 74/100 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 MACOM Technology Solutions Holdings (MTSI), the current ROC (Joel Greenblatt) % is 43.31% 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.
Is MACOM Technology Solutions Holdings (MTSI) Overvalued in 2026?
Based on GuruFocus' analysis, MACOM Technology Solutions Holdings stock appears to be overvalued.
The current stock price of $372.59 is trading 118% above its estimated GF Value™ of $170.88.
GuruFocus considers MACOM Technology Solutions Holdings to be Significantly Overvalued.
Key valuation signals for MTSI:
ROC (Joel Greenblatt) %: 43.31%
GF Value™: $170.88 vs. price of $372.59 (118% above fair value)
Industry Position: 428.8% above the Semiconductors median (#176 of 1025)
No single metric tells the full story. See the MTSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MACOM Technology Solutions Holdings Business Description
MACOM Technology Solutions Holdings Inc is a provider of analog, digital, and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems.
74GF Score
Get the complete analysis for MTSI
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MTSI has been successfully added to your 
