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Seamless Distribution Systems ABNGM:SDS 14 ROC (Joel Greenblatt) % is 433.02% as of Mar. 2026, which is 792% above its 10-year median of 48.53. GuruFocus rates NGM:SDS with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 2,809 Software companies, Seamless Distribution Systems AB ranks worse than 88.47% 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. Seamless Distribution Systems AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 433.02%.
The historical rank and industry rank for Seamless Distribution Systems AB's ROC (Joel Greenblatt) % or its related term are showing as below:
NGM:SDS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -667.34 Med: 48.53 Max: 371.8
Current: -667.34
During the past 11 years, Seamless Distribution Systems AB's highest ROC (Joel Greenblatt) % was 371.80%. The lowest was -667.34%. And the median was 48.53%.
NGM:SDS's ROC (Joel Greenblatt) % is ranked worse than 88.47% of 2809
companies
in the Software industry
Industry Median: 19.63
vs NGM:SDS: -667.34
Seamless Distribution Systems AB (NGM:SDS) 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.
Seamless Distribution Systems AB ROC (Joel Greenblatt) % Chart
NGM:SDS vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Seamless Distribution Systems 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.
Seamless Distribution Systems AB ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Seamless Distribution Systems AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Seamless Distribution Systems AB's ROC (Joel Greenblatt) % falls into.
Seamless Distribution Systems 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:
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 433.02% mean?
Seamless Distribution Systems AB (NGM:SDS) has a ROC (Joel Greenblatt) % of 433.02% 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 Seamless Distribution Systems AB and its competitors. This is 792% above median its historical median of 48.53. According to the industry distribution chart, Seamless Distribution Systems AB ranks #2485 out of 2809 companies in the Software industry, placing it in the top 88.5%.
Is Seamless Distribution Systems AB's ROC (Joel Greenblatt) % too high?
Seamless Distribution Systems AB's current ROC (Joel Greenblatt) % of 433.02% is 792% above median its 10-year median of 48.53. The Software industry median ROC (Joel Greenblatt) % is 19.63. Seamless Distribution Systems AB's value of 433.02% is 2105.9% above this industry median. Based on the distribution chart, Seamless Distribution Systems AB ranks #2485 out of 2809 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Seamless Distribution Systems AB has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Seamless Distribution Systems AB's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Seamless Distribution Systems AB ranks #2485 out of 2809 companies for ROC (Joel Greenblatt) %. This places Seamless Distribution Systems AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Seamless Distribution Systems AB's value of 433.02% is 2105.9% above this benchmark. While the company's 10-year median is 48.53 vs. the industry median of 19.63, Seamless Distribution Systems AB 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 19.63, based on 2,809 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. Seamless Distribution Systems AB's current ROC (Joel Greenblatt) % of 433.02% is 2105.9% 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 Seamless Distribution Systems AB and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seamless Distribution Systems AB's current ROC (Joel Greenblatt) % is 433.02%, which is 792% above median its own 10-year median of 48.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seamless Distribution Systems AB stock overvalued right now?
Seamless Distribution Systems AB (NGM:SDS) has a current ROC (Joel Greenblatt) % of 433.02%. The current ROC (Joel Greenblatt) % is 433.02%, which is 792% above median its 10-year median of 48.53 and 2105.9% above the Software industry median of 19.63. Seamless Distribution Systems AB's overall GF Score™ is 14/100 with 6 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 Seamless Distribution Systems AB (NGM:SDS), the current ROC (Joel Greenblatt) % is 433.02% 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.
Seamless Distribution Systems AB Business Description
Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.
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