AS Bercman Technologies (OTSE:BERCM) ROC (Joel Greenblatt) %: -5,150.00% (As of Dec. 2025)

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OTSE:BERCM AS Bercman Technologies OTSE:BERCM
56 GF Score
Price €1.17
GF Value €1.89
Valuation Possible Value Trap
! 4 Warning Signs
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What is AS Bercman Technologies ROC (Joel Greenblatt) %?

AS Bercman Technologies OTSE:BERCM -0.43% 56 ROC (Joel Greenblatt) % is -5,150.00% as of Dec. 2025. GuruFocus rates OTSE:BERCM with a GF Score™ of 56/100 and a GF Value™ of €1.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,814 Software companies, AS Bercman Technologies ranks worse than 93.71% 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. AS Bercman Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5,150.00%.

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

OTSE:BERCM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3061.11   Med: -1692.75   Max: -194.44
Current: -2979.31

During the past 7 years, AS Bercman Technologies's highest ROC (Joel Greenblatt) % was -194.44%. The lowest was -3061.11%. And the median was -1692.75%.

OTSE:BERCM's ROC (Joel Greenblatt) % is ranked worse than
93.71% of 2814 companies
in the Software industry
Industry Median: 20 vs OTSE:BERCM: -2979.31

AS Bercman Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -50.60% per year.


AS Bercman Technologies  (OTSE:BERCM) 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.


AS Bercman Technologies ROC (Joel Greenblatt) % Related Terms


AS Bercman Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for AS Bercman Technologies'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.

AS Bercman Technologies ROC (Joel Greenblatt) % Chart

AS Bercman Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -1,692.75 -2,200.00 -872.73 -3,061.11 -2,880.00

AS Bercman Technologies Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -729.41 -3,365.85 -1,070.97 -1,490.91 -5,150.00

OTSE:BERCM vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, AS Bercman Technologies'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.


AS Bercman Technologies ROC (Joel Greenblatt) % vs Software Industry

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

* The bar in red indicates where AS Bercman Technologies's ROC (Joel Greenblatt) % falls into.


OTSE:BERCM
56GF Score
AS Bercman Technologies OTSE:BERCM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AS Bercman Technologies 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.378 + 0.044 + 0.027) - (0.656 + 0 + 0.246)
=-0.453

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.371 + 0.039 + 0.029) - (1.017 + 0 + 0.199)
=-0.777

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AS Bercman Technologies for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.412/( ( (0.009 + max(-0.453, 0)) + (0.007 + max(-0.777, 0)) )/ 2 )
=-0.412/( ( 0.009 + 0.007 )/ 2 )
=-0.412/0.008
=-5,150.00 %

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 -5,150.00% mean?
AS Bercman Technologies (OTSE:BERCM) has a ROC (Joel Greenblatt) % of -5,150.00% 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 AS Bercman Technologies and its competitors. According to the industry distribution chart, AS Bercman Technologies ranks #2637 out of 2814 companies in the Software industry, placing it in the top 93.7%.
Is AS Bercman Technologies' ROC (Joel Greenblatt) % too high?
AS Bercman Technologies' current ROC (Joel Greenblatt) % is -5,150.00%. Based on the distribution chart, AS Bercman Technologies ranks #2637 out of 2814 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AS Bercman Technologies has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AS Bercman Technologies' ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, AS Bercman Technologies ranks #2637 out of 2814 companies for ROC (Joel Greenblatt) %. This places AS Bercman Technologies in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.00. 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. 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 AS Bercman Technologies 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. AS Bercman Technologies's current ROC (Joel Greenblatt) % is -5,150.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS Bercman Technologies stock overvalued right now?
Based on GuruFocus' analysis, AS Bercman Technologies (OTSE:BERCM) is currently considered Possible Value Trap. The stock's GF Value™ is €1.89, compared to a current price of €1.17 — trading 38.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -5,150.00%. AS Bercman Technologies' overall GF Score™ is 56/100 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 AS Bercman Technologies (OTSE:BERCM), the current ROC (Joel Greenblatt) % is -5,150.00% 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 AS Bercman Technologies (OTSE:BERCM) Overvalued in 2026?

Based on GuruFocus' analysis, AS Bercman Technologies stock appears to be undervalued. The current stock price of €1.17 is trading 38.4% below its estimated GF Value™ of €1.89. GuruFocus considers AS Bercman Technologies to be Possible Value Trap.

Key valuation signals for OTSE:BERCM:

  • ROC (Joel Greenblatt) %: -5,150.00%
  • GF Value™: €1.89 vs. price of €1.17 (38.4% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


AS Bercman Technologies Business Description

Address Riia 26, Tartu maakond, Tartu, EST, 50405
AS Bercman Technologies is a technology company. It is engaged in the development and sale of Smart City and mobility-related technologies and products to European markets. The company offers solutions related to traffic and public transportation such as Smart Pedestrian Crosswalks, Smart Mobility Hubs, Traffic Sensing with V2X, Automatic giving way detection, Smart Intersection Control, and Railway Management Systems. The company's main target market is the European Union Member States, mainly due to the similarities of the Union-wide regulations.
56GF Score

Get the complete analysis for OTSE:BERCM

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

€1.17
Price
€1.89
GF Value