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Plover Bay TechnologiesPBTDF 71 ROC (Joel Greenblatt) % is 733.71% as of Jun. 2026, which is 319% above its 10-year median of 175.31. GuruFocus rates PBTDF with a GF Score™ of 71/100 and a GF Value™ of $0.94 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,490 Hardware companies, Plover Bay Technologies ranks better than 99.36% 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. Plover Bay Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 733.71%.
The historical rank and industry rank for Plover Bay Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
PBTDF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 110.04 Med: 175.31 Max: 1148.95
Current: 688.07
During the past 13 years, Plover Bay Technologies's highest ROC (Joel Greenblatt) % was 1148.95%. The lowest was 110.04%. And the median was 175.31%.
PBTDF's ROC (Joel Greenblatt) % is ranked better than 99.36% of 2490
companies
in the Hardware industry
Industry Median: 10.51
vs PBTDF: 688.07
Plover Bay Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 41.60% per year.
Plover Bay Technologies (OTCPK:PBTDF) 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.
Plover Bay Technologies ROC (Joel Greenblatt) % Related Terms
Plover Bay Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Plover Bay 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.
Plover Bay Technologies ROC (Joel Greenblatt) % Chart
PBTDF vs CSCO, MSI, HPE: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, Plover Bay 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.
Plover Bay Technologies ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Plover Bay Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Plover Bay Technologies's ROC (Joel Greenblatt) % falls into.
Plover Bay 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:
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 733.71% mean?
Plover Bay Technologies (PBTDF) has a ROC (Joel Greenblatt) % of 733.71% 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 Plover Bay Technologies and its competitors. This is 319% above median its historical median of 175.31. Over the past decade, Plover Bay Technologies' ROC (Joel Greenblatt) % has ranged from 110.04 to 1,148.95. According to the industry distribution chart, Plover Bay Technologies ranks #16 out of 2490 companies in the Hardware industry, placing it in the top 0.59999999999999%.
Is Plover Bay Technologies' ROC (Joel Greenblatt) % too high?
Plover Bay Technologies' current ROC (Joel Greenblatt) % of 733.71% is 319% above median its 10-year median of 175.31. Over the past 10 years, this metric has ranged from a low of 110.04 to a high of 1,148.95. The Hardware industry median ROC (Joel Greenblatt) % is 10.51. Plover Bay Technologies' value of 733.71% is 6881.1% above this industry median. Based on the distribution chart, Plover Bay Technologies ranks #16 out of 2490 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Plover Bay Technologies has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plover Bay Technologies' ROC (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Plover Bay Technologies ranks #16 out of 2490 companies for ROC (Joel Greenblatt) %. This places Plover Bay Technologies in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.51. Plover Bay Technologies' value of 733.71% is 6881.1% above this benchmark. Historically, Plover Bay Technologies' own ROC (Joel Greenblatt) % has ranged from 110.04 to 1,148.95 over the past decade. While the company's 10-year median is 175.31 vs. the industry median of 10.51, Plover Bay Technologies 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.51, based on 2,490 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. Plover Bay Technologies's current ROC (Joel Greenblatt) % of 733.71% is 6881.1% 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 Plover Bay Technologies and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plover Bay Technologies's current ROC (Joel Greenblatt) % is 733.71%, which is 319% above median its own 10-year median of 175.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plover Bay Technologies stock overvalued right now?
Based on GuruFocus' analysis, Plover Bay Technologies (PBTDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.94, compared to a current price of $1.07 — trading 13.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 733.71%, which is 319% above median its 10-year median of 175.31 and 6881.1% above the Hardware industry median of 10.51. Plover Bay Technologies' overall GF Score™ is 71/100 with 2 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 Plover Bay Technologies (PBTDF), the current ROC (Joel Greenblatt) % is 733.71% 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 Plover Bay Technologies (PBTDF) Overvalued in 2026?
Based on GuruFocus' analysis, Plover Bay Technologies stock appears to be overvalued.
The current stock price of $1.07 is trading 13.8% above its estimated GF Value™ of $0.94.
GuruFocus considers Plover Bay Technologies to be Modestly Overvalued.
Key valuation signals for PBTDF:
ROC (Joel Greenblatt) %: 733.71% (319% above median its 10-year median of 175.31)
GF Value™: $0.94 vs. price of $1.07 (13.8% above fair value)
Industry Position: 6881.1% above the Hardware median (#16 of 2490)
No single metric tells the full story. See the PBTDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plover Bay Technologies Ltd is an investment holding company. It is a vendor of connectivity hardware, software, and services. The company's products include wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals that support customer's networks. It also engages in the sales of software licences and the provision of warranty and support services. Companies' segments consist mainly of the following categories: SD-WAN routers; Mobile First Connectivity, which denotes products connected through mobile networks; warranty and support services; and software licences. The Mobile First Connectivity has the highest revenue. Geographical regions: North America, EMEA, Asia, and other regions.
71GF Score
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