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XSpray Pharma ABSTU:6XP +1.53%40 ROC (Joel Greenblatt) % is -156.89% as of Mar. 2026. GuruFocus rates STU:6XP with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 1,322 Biotechnology companies, XSpray Pharma AB ranks better than 55.6% 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. XSpray Pharma AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -156.89%.
The historical rank and industry rank for XSpray Pharma AB's ROC (Joel Greenblatt) % or its related term are showing as below:
STU:6XP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -939.54 Med: -231.36 Max: -122.3
Current: -186.74
During the past 11 years, XSpray Pharma AB's highest ROC (Joel Greenblatt) % was -122.30%. The lowest was -939.54%. And the median was -231.36%.
STU:6XP's ROC (Joel Greenblatt) % is ranked better than 55.6% of 1322
companies
in the Biotechnology industry
Industry Median: -291.605
vs STU:6XP: -186.74
XSpray Pharma AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.90% per year.
XSpray Pharma AB (STU:6XP) 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.
XSpray Pharma AB ROC (Joel Greenblatt) % Related Terms
XSpray Pharma AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for XSpray Pharma 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.
STU:6XP vs VRTX, REGN, RVMD: ROC (Joel Greenblatt) % Comparison
For the Biotechnology subindustry, XSpray Pharma 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.
XSpray Pharma AB ROC (Joel Greenblatt) % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, XSpray Pharma AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where XSpray Pharma AB's ROC (Joel Greenblatt) % falls into.
XSpray Pharma 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 -156.89% mean?
XSpray Pharma AB (STU:6XP) has a ROC (Joel Greenblatt) % of -156.89% 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 XSpray Pharma AB and its competitors. According to the industry distribution chart, XSpray Pharma AB ranks #587 out of 1322 companies in the Biotechnology industry, placing it in the top 44.4%.
Is XSpray Pharma AB's ROC (Joel Greenblatt) % too high?
XSpray Pharma AB's current ROC (Joel Greenblatt) % is -156.89%. Based on the distribution chart, XSpray Pharma AB ranks #587 out of 1322 companies in the Biotechnology industry, which is above the industry midpoint. Overall, XSpray Pharma AB has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does XSpray Pharma AB's ROC (Joel Greenblatt) % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, XSpray Pharma AB ranks #587 out of 1322 companies for ROC (Joel Greenblatt) %. This puts XSpray Pharma AB in the upper half of its industry. 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 Biotechnology company?
A good ROC (Joel Greenblatt) % depends on the Biotechnology industry context. 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 XSpray Pharma AB and its competitors. XSpray Pharma AB's current ROC (Joel Greenblatt) % is -156.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XSpray Pharma AB stock overvalued right now?
XSpray Pharma AB (STU:6XP) has a current ROC (Joel Greenblatt) % of -156.89%. The current ROC (Joel Greenblatt) % is -156.89%. XSpray Pharma AB's overall GF Score™ is 40/100 with 1 warning sign 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 XSpray Pharma AB (STU:6XP), the current ROC (Joel Greenblatt) % is -156.89% 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.
XSpray Pharma AB is a pharmaceutical company focused on developing improved PKIs for cancer treatment, leveraging its proprietary HyNap technology platform. The company aims to enhance clinical outcomes for cancer patients by improving the efficacy, safety, and patient experience of existing cancer therapies. Its product portfolio includes Dasynoc and other product candidates in different stages of development such as XS003 nilotinib, XS008 axitinib, and other.
40GF Score
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