Poste Italiane SpAPITAF 60 ROC (Joel Greenblatt) % is 101.63% as of Mar. 2026, which is 46% above its 10-year median of 69.62. GuruFocus rates PITAF with a GF Score™ of 60/100 and a GF Value™ of $10.12. The stock has 8 warning signs investors should review. Among 558 Conglomerates companies, Poste Italiane SpA ranks better than 91.76% 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. Poste Italiane SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 101.63%.
The historical rank and industry rank for Poste Italiane SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
PITAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 48.89 Med: 69.62 Max: 84.55
Current: 84.55
During the past 13 years, Poste Italiane SpA's highest ROC (Joel Greenblatt) % was 84.55%. The lowest was 48.89%. And the median was 69.62%.
PITAF's ROC (Joel Greenblatt) % is ranked better than 91.76% of 558
companies
in the Conglomerates industry
Industry Median: 14.645
vs PITAF: 84.55
Poste Italiane SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.90% per year.
Poste Italiane SpA (OTCPK:PITAF) 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.
Poste Italiane SpA ROC (Joel Greenblatt) % Related Terms
Poste Italiane SpA ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Poste Italiane SpA'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.
PITAF vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Poste Italiane SpA'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.
Poste Italiane SpA ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Poste Italiane SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Poste Italiane SpA's ROC (Joel Greenblatt) % falls into.
Poste Italiane SpA 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 101.63% mean?
Poste Italiane SpA (PITAF) has a ROC (Joel Greenblatt) % of 101.63% 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 Poste Italiane SpA and its competitors. This is 46% above median its historical median of 69.62. Over the past decade, Poste Italiane SpA's ROC (Joel Greenblatt) % has ranged from 48.89 to 84.55. According to the industry distribution chart, Poste Italiane SpA ranks #46 out of 558 companies in the Conglomerates industry, placing it in the top 8.2%.
Is Poste Italiane SpA's ROC (Joel Greenblatt) % too high?
Poste Italiane SpA's current ROC (Joel Greenblatt) % of 101.63% is 46% above median its 10-year median of 69.62. Over the past 10 years, this metric has ranged from a low of 48.89 to a high of 84.55. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.65. Poste Italiane SpA's value of 101.63% is 594% above this industry median. Based on the distribution chart, Poste Italiane SpA ranks #46 out of 558 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Poste Italiane SpA has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Poste Italiane SpA's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Poste Italiane SpA ranks #46 out of 558 companies for ROC (Joel Greenblatt) %. This places Poste Italiane SpA in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.65. Poste Italiane SpA's value of 101.63% is 594% above this benchmark. Historically, Poste Italiane SpA's own ROC (Joel Greenblatt) % has ranged from 48.89 to 84.55 over the past decade. While the company's 10-year median is 69.62 vs. the industry median of 14.65, Poste Italiane SpA 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.65, based on 558 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. Poste Italiane SpA's current ROC (Joel Greenblatt) % of 101.63% is 594% 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 Poste Italiane SpA and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Poste Italiane SpA's current ROC (Joel Greenblatt) % is 101.63%, which is 46% above median its own 10-year median of 69.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poste Italiane SpA stock overvalued right now?
Poste Italiane SpA (PITAF) has a current ROC (Joel Greenblatt) % of 101.63%. The stock's GF Value™ is $10.12, compared to a current price of $23.45 — trading 131.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 101.63%, which is 46% above median its 10-year median of 69.62 and 594% above the Conglomerates industry median of 14.65. Poste Italiane SpA's overall GF Score™ is 60/100 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 Poste Italiane SpA (PITAF), the current ROC (Joel Greenblatt) % is 101.63% 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 Poste Italiane SpA (PITAF) Overvalued in 2026?
Based on GuruFocus' analysis, Poste Italiane SpA stock appears to be overvalued.
The current stock price of $23.45 is trading 131.7% above its estimated GF Value™ of $10.12.
Key valuation signals for PITAF:
ROC (Joel Greenblatt) %: 101.63% (46% above median its 10-year median of 69.62)
GF Value™: $10.12 vs. price of $23.45 (131.7% above fair value)
Industry Position: 594% above the Conglomerates median (#46 of 558)
No single metric tells the full story. See the PITAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Poste Italiane SpA is an Italian diversified financial-services company. The company's operating segments are Mail, parcels, and distribution; Postepay services; Financial services; and Insurance services. The Postepay services segment generates maximum revenue. It encompasses payment management and e-money services, also carried out through the LIS point-of-sale network, as well as mobile and fixed-line telephony services and electricity and gas marketing. Geographically, the company has a presence in Italy, but also elsewhere in Europe, the Americas, and Asia.
60GF Score
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