Briox AB (NGM:BRIX) ROC (Joel Greenblatt) %: 0.00% (As of Mar. 2026)

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NGM:BRIX Briox AB NGM:BRIX
53 GF Score
Price kr18.60
GF Value kr5.39
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Briox AB ROC (Joel Greenblatt) %?

Briox AB NGM:BRIX -1.90% 53 ROC (Joel Greenblatt) % is 0.00% as of Mar. 2026. GuruFocus rates NGM:BRIX with a GF Score™ of 53/100 and a GF Value™ of kr5.39 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,810 Software companies, Briox AB ranks worse than 35587.15% 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. Briox AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.

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

During the past 13 years, Briox AB's highest ROC (Joel Greenblatt) % was -3962.48%. The lowest was -79200.00%. And the median was -14605.60%.

NGM:BRIX's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 19.94
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Briox AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Briox AB  (NGM:BRIX) 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.


Briox AB ROC (Joel Greenblatt) % Related Terms


Briox AB ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Briox AB'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.

Briox AB ROC (Joel Greenblatt) % Chart

Briox AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17,470.22 -52,881.40 -79,200.00 0.00 0.00

Briox AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NGM:BRIX vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Briox AB'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.


Briox AB ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Briox AB's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NGM:BRIX
53GF Score
Briox AB NGM:BRIX
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Briox AB 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2 + 0 + 0.856) - (1.237 + 0 + 10.083)
=-8.464

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.064 + 0 + -0.0010000000000012) - (0.794 + 0 + 9.916)
=-7.647

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Briox AB for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-37.892/( ( (0 + max(-8.464, 0)) + (0 + max(-7.647, 0)) )/ 1 )
=-37.892/( ( 0 + 0 )/ 1 )
=-37.892/0
= %

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 0.00% mean?
Briox AB (NGM:BRIX) has a ROC (Joel Greenblatt) % of 0.00% 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 Briox AB and its competitors. According to the industry distribution chart, Briox AB ranks #999999 out of 2810 companies in the Software industry.
Is Briox AB's ROC (Joel Greenblatt) % too high?
Briox AB's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Briox AB ranks #999999 out of 2810 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Briox AB has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Briox AB's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Briox AB ranks #999999 out of 2810 companies for ROC (Joel Greenblatt) %. This places Briox AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.94. 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 19.94, based on 2,810 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. 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 Briox AB and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Briox AB's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Briox AB stock overvalued right now?
Based on GuruFocus' analysis, Briox AB (NGM:BRIX) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.39, compared to a current price of kr18.60 — trading 245.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Briox AB's overall GF Score™ is 53/100 with 1 warning sign 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 Briox AB (NGM:BRIX), the current ROC (Joel Greenblatt) % is 0.00% 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 Briox AB (NGM:BRIX) Overvalued in 2026?

Based on GuruFocus' analysis, Briox AB stock appears to be overvalued. The current stock price of kr18.60 is trading 245.1% above its estimated GF Value™ of kr5.39. GuruFocus considers Briox AB to be Significantly Overvalued.

Key valuation signals for NGM:BRIX:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: kr5.39 vs. price of kr18.60 (245.1% above fair value)
  • GF Score™: 53/100 with 1 warning sign

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


Briox AB Business Description

Address Sodra Jarnvagsgatan 4A, Vaxjo, SWE, 352 29
Briox AB is a SaaS company. The company offers solutions to manage the smallest businesses finances. The solutions are being sold online and through Accounting Agencies and Accountants. Briox software connects the Accountant with the business owner, and the customers are to be found within multiple industries with a focus on the service segment. Its software is available in Finland, Estonia, Latvia and Lithuania.
53GF Score

Get the complete analysis for NGM:BRIX

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

kr18.60
Price
kr5.39
GF Value