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. Sivers Semiconductors AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -153.00%.
The historical rank and industry rank for Sivers Semiconductors AB's ROC (Joel Greenblatt) % or its related term are showing as below:
SIVEF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -608.07 Med: -166.69 Max: -83.95
Current: -171.64
During the past 13 years, Sivers Semiconductors AB's highest ROC (Joel Greenblatt) % was -83.95%. The lowest was -608.07%. And the median was -166.69%.
SIVEF's ROC (Joel Greenblatt) % is ranked worse than 94.44% of 1025
companies
in the Semiconductors industry
Industry Median: 8.19
vs SIVEF: -171.64
Sivers Semiconductors AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.60% per year.
Sivers Semiconductors AB (OTCPK:SIVEF) 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.
Sivers Semiconductors AB ROC (Joel Greenblatt) % Related Terms
Sivers Semiconductors AB ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sivers Semiconductors 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.
Sivers Semiconductors AB ROC (Joel Greenblatt) % Chart
SIVEF vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Sivers Semiconductors 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.
Sivers Semiconductors AB ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sivers Semiconductors AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sivers Semiconductors AB's ROC (Joel Greenblatt) % falls into.
Sivers Semiconductors 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 -153.00% mean?
Sivers Semiconductors AB (SIVEF) has a ROC (Joel Greenblatt) % of -153.00% 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 Sivers Semiconductors AB and its competitors. According to the industry distribution chart, Sivers Semiconductors AB ranks #968 out of 1025 companies in the Semiconductors industry, placing it in the top 94.4%.
Is Sivers Semiconductors AB's ROC (Joel Greenblatt) % too high?
Sivers Semiconductors AB's current ROC (Joel Greenblatt) % is -153.00%. Based on the distribution chart, Sivers Semiconductors AB ranks #968 out of 1025 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Sivers Semiconductors AB has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sivers Semiconductors AB's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sivers Semiconductors AB ranks #968 out of 1025 companies for ROC (Joel Greenblatt) %. This places Sivers Semiconductors AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.19. 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.19, based on 1,025 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 Sivers Semiconductors AB and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sivers Semiconductors AB's current ROC (Joel Greenblatt) % is -153.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sivers Semiconductors AB stock overvalued right now?
Based on GuruFocus' analysis, Sivers Semiconductors AB (SIVEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.53, compared to a current price of $6.78 — trading 1179.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is -153.00%. Sivers Semiconductors AB's overall GF Score™ is 35/100 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 Sivers Semiconductors AB (SIVEF), the current ROC (Joel Greenblatt) % is -153.00% 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 Sivers Semiconductors AB (SIVEF) Overvalued in 2026?
Based on GuruFocus' analysis, Sivers Semiconductors AB stock appears to be overvalued.
The current stock price of $6.78 is trading 1179.2% above its estimated GF Value™ of $0.53.
GuruFocus considers Sivers Semiconductors AB to be Significantly Overvalued.
Key valuation signals for SIVEF:
ROC (Joel Greenblatt) %: -153.00%
GF Value™: $0.53 vs. price of $6.78 (1179.2% above fair value)
No single metric tells the full story. See the SIVEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sivers Semiconductors AB and its subsidiaries, develop, manufacture, and sell chips, components, modules, and subsystems based on proprietary semiconductor technology in the microwave, millimeter wave, and optical semiconductors. The company operates in the business areas of Wireless and Photonics. The Wireless business area which generates key revenue develops, manufactures, and sells chips, components, modules, and subsystems based on 5G mmWave technology. The Photonics business area develops, designs, manufactures, and sells compound semiconductor laser devices for optical communication, optical sensing/sensors, and optical wireless networks. Geographically, it derives key revenue from the USA and United Kingdom.
35GF Score
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