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Sleep Cycle ABOSTO:SLEEP 84 ROC (Joel Greenblatt) % is 358.89% as of Mar. 2026, which is 55% below its 10-year median of 791.01. GuruFocus rates OSTO:SLEEP with a GF Score™ of 84/100 and a GF Value™ of kr30.10 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,814 Software companies, Sleep Cycle AB 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. Sleep Cycle AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 358.89%.
The historical rank and industry rank for Sleep Cycle AB's ROC (Joel Greenblatt) % or its related term are showing as below:
OSTO:SLEEP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 443.99 Med: 791.01 Max: 3777.23
Current: 614.75
During the past 9 years, Sleep Cycle AB's highest ROC (Joel Greenblatt) % was 3777.23%. The lowest was 443.99%. And the median was 791.01%.
OSTO:SLEEP's ROC (Joel Greenblatt) % is ranked better than 94.53% of 2814
companies
in the Software industry
Industry Median: 20
vs OSTO:SLEEP: 614.75
Sleep Cycle AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -23.00% per year.
Sleep Cycle AB (OSTO:SLEEP) 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.
Sleep Cycle AB ROC (Joel Greenblatt) % Related Terms
Sleep Cycle AB ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sleep Cycle 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:SLEEP vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Sleep Cycle 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.
Sleep Cycle AB ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Sleep Cycle AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sleep Cycle AB's ROC (Joel Greenblatt) % falls into.
Sleep Cycle 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 358.89% mean?
Sleep Cycle AB (OSTO:SLEEP) has a ROC (Joel Greenblatt) % of 358.89% 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 Sleep Cycle AB and its competitors. This is 55% below median its historical median of 791.01. Over the past decade, Sleep Cycle AB's ROC (Joel Greenblatt) % has ranged from 443.99 to 3,777.23. According to the industry distribution chart, Sleep Cycle AB ranks #154 out of 2814 companies in the Software industry, placing it in the top 5.5%.
Is Sleep Cycle AB's ROC (Joel Greenblatt) % too high?
Sleep Cycle AB's current ROC (Joel Greenblatt) % of 358.89% is 55% below median its 10-year median of 791.01. Over the past 10 years, this metric has ranged from a low of 443.99 to a high of 3,777.23. The Software industry median ROC (Joel Greenblatt) % is 20.00. Sleep Cycle AB's value of 358.89% is 1694.5% above this industry median. Based on the distribution chart, Sleep Cycle AB ranks #154 out of 2814 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sleep Cycle AB has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sleep Cycle AB's ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, Sleep Cycle AB ranks #154 out of 2814 companies for ROC (Joel Greenblatt) %. This places Sleep Cycle AB in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.00. Sleep Cycle AB's value of 358.89% is 1694.5% above this benchmark. Historically, Sleep Cycle AB's own ROC (Joel Greenblatt) % has ranged from 443.99 to 3,777.23 over the past decade. While the company's 10-year median is 791.01 vs. the industry median of 20.00, Sleep Cycle 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 20.00, based on 2,814 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. Sleep Cycle AB's current ROC (Joel Greenblatt) % of 358.89% is 1694.5% 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 Sleep Cycle AB and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sleep Cycle AB's current ROC (Joel Greenblatt) % is 358.89%, which is 55% below median its own 10-year median of 791.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Cycle AB stock overvalued right now?
Based on GuruFocus' analysis, Sleep Cycle AB (OSTO:SLEEP) is currently considered Modestly Undervalued. The stock's GF Value™ is kr30.10, compared to a current price of kr24.75 — trading 17.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 358.89%, which is 55% below median its 10-year median of 791.01 and 1694.5% above the Software industry median of 20.00. Sleep Cycle AB's overall GF Score™ is 84/100 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 Sleep Cycle AB (OSTO:SLEEP), the current ROC (Joel Greenblatt) % is 358.89% 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 Sleep Cycle AB (OSTO:SLEEP) Overvalued in 2026?
Based on GuruFocus' analysis, Sleep Cycle AB stock appears to be undervalued.
The current stock price of kr24.75 is trading 17.8% below its estimated GF Value™ of kr30.10.
GuruFocus considers Sleep Cycle AB to be Modestly Undervalued.
Key valuation signals for OSTO:SLEEP:
ROC (Joel Greenblatt) %: 358.89% (55% below median its 10-year median of 791.01)
GF Value™: kr30.10 vs. price of kr24.75 (17.8% below fair value)
Industry Position: 1694.5% above the Software median (#154 of 2814)
No single metric tells the full story. See the OSTO:SLEEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sleep Cycle AB is a sleep tracker application. It helps people understand their sleep habits and improve their sleep. The mobile application helps users fall asleep more easily, tracks sleep patterns through the night and wakes up users in the light-sleep phase, providing valuable insights designed to improve sleep quality. Geographically group operates in Sweden and other countries in which all of revenue is generated from Sweden.
84GF Score
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