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Fondia OyjOHEL:FONDIA -0.20%86 ROC (Joel Greenblatt) % is 892.53% as of Dec. 2025, which is 35% above its 10-year median of 659.27. GuruFocus rates OHEL:FONDIA with a GF Score™ of 86/100 and a GF Value™ of €5.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,079 Business Services companies, Fondia Oyj ranks better than 94.53% 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. Fondia Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 892.53%.
The historical rank and industry rank for Fondia Oyj's ROC (Joel Greenblatt) % or its related term are showing as below:
OHEL:FONDIA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 117.7 Med: 659.27 Max: 2312.12
Current: 489.9
During the past 12 years, Fondia Oyj's highest ROC (Joel Greenblatt) % was 2312.12%. The lowest was 117.70%. And the median was 659.27%.
OHEL:FONDIA's ROC (Joel Greenblatt) % is ranked better than 94.53% of 1079
companies
in the Business Services industry
Industry Median: 21.8
vs OHEL:FONDIA: 489.90
Fondia Oyj's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.60% 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.
Fondia Oyj ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Fondia Oyj'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.
OHEL:FONDIA vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Fondia Oyj'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.
Fondia Oyj ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Fondia Oyj's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fondia Oyj'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 892.53% mean?
Fondia Oyj (OHEL:FONDIA) has a ROC (Joel Greenblatt) % of 892.53% 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 Fondia Oyj and its competitors. This is 35% above median its historical median of 659.27. Over the past decade, Fondia Oyj's ROC (Joel Greenblatt) % has ranged from 117.70 to 2,312.12. According to the industry distribution chart, Fondia Oyj ranks #59 out of 1079 companies in the Business Services industry, placing it in the top 5.5%.
Is Fondia Oyj's ROC (Joel Greenblatt) % too high?
Fondia Oyj's current ROC (Joel Greenblatt) % of 892.53% is 35% above median its 10-year median of 659.27. Over the past 10 years, this metric has ranged from a low of 117.70 to a high of 2,312.12. The Business Services industry median ROC (Joel Greenblatt) % is 21.80. Fondia Oyj's value of 892.53% is 3994.2% above this industry median. Based on the distribution chart, Fondia Oyj ranks #59 out of 1079 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fondia Oyj has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fondia Oyj's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fondia Oyj ranks #59 out of 1079 companies for ROC (Joel Greenblatt) %. This places Fondia Oyj in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.80. Fondia Oyj's value of 892.53% is 3994.2% above this benchmark. Historically, Fondia Oyj's own ROC (Joel Greenblatt) % has ranged from 117.70 to 2,312.12 over the past decade. While the company's 10-year median is 659.27 vs. the industry median of 21.80, Fondia Oyj 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.80, based on 1,079 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. Fondia Oyj's current ROC (Joel Greenblatt) % of 892.53% is 3994.2% 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 Fondia Oyj and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fondia Oyj's current ROC (Joel Greenblatt) % is 892.53%, which is 35% above median its own 10-year median of 659.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fondia Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fondia Oyj (OHEL:FONDIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.85, compared to a current price of €4.94 — trading 15.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 892.53%, which is 35% above median its 10-year median of 659.27 and 3994.2% above the Business Services industry median of 21.80. Fondia Oyj's overall GF Score™ is 86/100 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 Fondia Oyj (OHEL:FONDIA), the current ROC (Joel Greenblatt) % is 892.53% 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 Fondia Oyj (OHEL:FONDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Fondia Oyj stock appears to be undervalued.
The current stock price of €4.94 is trading 15.6% below its estimated GF Value™ of €5.85.
GuruFocus considers Fondia Oyj to be Modestly Undervalued.
Key valuation signals for OHEL:FONDIA:
ROC (Joel Greenblatt) %: 892.53% (35% above median its 10-year median of 659.27)
GF Value™: €5.85 vs. price of €4.94 (15.6% below fair value)
Industry Position: 3994.2% above the Business Services median (#59 of 1079)
No single metric tells the full story. See the OHEL:FONDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fondia Oyj is a full-service business law firm and a pioneer in exploiting new types of service models and technologies. Fondia offers customers pre-packaged fixed-priced service concepts as well as new ways to purchase case-based legal services and utilize digital environments in its service models. It provides Legal Department as a Service (LDaaS), other ongoing legal services, and assignment-based legal support to business customers across the Nordics and Baltics. Fondia's concept delivers business-oriented, technology-enabled, proactive, and scalable legal services for businesses, without the fixed costs of an inhouse legal department.
86GF Score
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