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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. Binero Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 23.98%.
The historical rank and industry rank for Binero Group AB's ROC (Joel Greenblatt) % or its related term are showing as below:
OSTO:BINERO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -224.1 Med: -42.95 Max: 189.96
Current: -76.48
During the past 13 years, Binero Group AB's highest ROC (Joel Greenblatt) % was 189.96%. The lowest was -224.10%. And the median was -42.95%.
OSTO:BINERO's ROC (Joel Greenblatt) % is ranked worse than 76.29% of 2813
companies
in the Software industry
Industry Median: 21.08
vs OSTO:BINERO: -76.48
Binero Group AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Binero Group AB (OSTO:BINERO) 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.
Binero Group AB ROC (Joel Greenblatt) % Related Terms
Binero Group AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Binero Group 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.
OSTO:BINERO vs MSFT, PLTR, ORCL: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Binero Group 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.
Binero Group AB ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Binero Group AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Binero Group AB's ROC (Joel Greenblatt) % falls into.
Binero Group 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 two times the semi-annual (Jun. 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 23.98% mean?
Binero Group AB (OSTO:BINERO) has a ROC (Joel Greenblatt) % of 23.98% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Binero Group AB and its competitors. According to the industry distribution chart, Binero Group AB ranks #2146 out of 2813 companies in the Software industry, placing it in the top 76.3%.
Is Binero Group AB's ROC (Joel Greenblatt) % too high?
Binero Group AB's current ROC (Joel Greenblatt) % is 23.98%. The Software industry median ROC (Joel Greenblatt) % is 21.08. Binero Group AB's value of 23.98% is 13.8% above this industry median. Based on the distribution chart, Binero Group AB ranks #2146 out of 2813 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Binero Group AB has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Binero Group AB's ROC (Joel Greenblatt) % compare to MSFT and PLTR?
According to the Software industry distribution chart, Binero Group AB ranks #2146 out of 2813 companies for ROC (Joel Greenblatt) %. This places Binero Group AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.08. Binero Group AB's value of 23.98% is 13.8% 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 21.08, based on 2,813 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. Binero Group AB's current ROC (Joel Greenblatt) % of 23.98% is 13.8% 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 Binero Group AB and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 21.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binero Group AB's current ROC (Joel Greenblatt) % is 23.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binero Group AB stock overvalued right now?
Based on GuruFocus' analysis, Binero Group AB (OSTO:BINERO) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.69, compared to a current price of kr1.61 — trading 40.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.98% and 13.8% above the Software industry median of 21.08. Binero Group AB's overall GF Score™ is 68/100 with 8 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 Binero Group AB (OSTO:BINERO), the current ROC (Joel Greenblatt) % is 23.98% as of Jun. 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 Binero Group AB (OSTO:BINERO) Overvalued in 2026?
Based on GuruFocus' analysis, Binero Group AB stock appears to be undervalued.
The current stock price of kr1.61 is trading 40.1% below its estimated GF Value™ of kr2.69.
GuruFocus considers Binero Group AB to be Possible Value Trap.
Key valuation signals for OSTO:BINERO:
ROC (Joel Greenblatt) %: 23.98%
GF Value™: kr2.69 vs. price of kr1.61 (40.1% below fair value)
Industry Position: 13.8% above the Software median (#2146 of 2813)
No single metric tells the full story. See the OSTO:BINERO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Binero Group AB is a Swedish provider of open, secure and sustainable cloud services. With data centres in Sweden and a total focus on control, the company offers a cloud platform that meets both European and national requirements. Its product and service portfolio offers, among other things, digital media distribution, project management of network services, Swedish cloud and container services, climate-certified server operation and consulting services.
68GF Score
Get the complete analysis for OSTO:BINERO
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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