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Progress Technologies GroupTSE:339A -0.68%19 ROC (Joel Greenblatt) % is 133.80% as of Feb. 2026, which is 33% below its 10-year median of 200.32. GuruFocus rates TSE:339A with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,820 Software companies, Progress Technologies Group ranks better than 76.84% 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. Progress Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 133.80%.
The historical rank and industry rank for Progress Technologies Group's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:339A'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 122.21 Med: 200.32 Max: 396.21
Current: 127.02
During the past 5 years, Progress Technologies Group's highest ROC (Joel Greenblatt) % was 396.21%. The lowest was 122.21%. And the median was 200.32%.
TSE:339A's ROC (Joel Greenblatt) % is ranked better than 76.84% of 2820
companies
in the Software industry
Industry Median: 19.52
vs TSE:339A: 127.02
Progress Technologies Group (TSE:339A) 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.
* 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.
Progress Technologies Group ROC (Joel Greenblatt) % Chart
TSE:339A vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Progress Technologies Group'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.
Progress Technologies Group ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Progress Technologies Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Progress Technologies Group's ROC (Joel Greenblatt) % falls into.
Progress Technologies Group 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 (Feb. 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 133.80% mean?
Progress Technologies Group (TSE:339A) has a ROC (Joel Greenblatt) % of 133.80% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Progress Technologies Group and its competitors. This is 33% below median its historical median of 200.32. Over the past decade, Progress Technologies Group's ROC (Joel Greenblatt) % has ranged from 122.21 to 396.21. According to the industry distribution chart, Progress Technologies Group ranks #653 out of 2820 companies in the Software industry, placing it in the top 23.2%.
Is Progress Technologies Group's ROC (Joel Greenblatt) % too high?
Progress Technologies Group's current ROC (Joel Greenblatt) % of 133.80% is 33% below median its 10-year median of 200.32. Over the past 10 years, this metric has ranged from a low of 122.21 to a high of 396.21. The Software industry median ROC (Joel Greenblatt) % is 19.52. Progress Technologies Group's value of 133.80% is 585.5% above this industry median. Based on the distribution chart, Progress Technologies Group ranks #653 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Progress Technologies Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Progress Technologies Group's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Progress Technologies Group ranks #653 out of 2820 companies for ROC (Joel Greenblatt) %. This places Progress Technologies Group in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.52. Progress Technologies Group's value of 133.80% is 585.5% above this benchmark. Historically, Progress Technologies Group's own ROC (Joel Greenblatt) % has ranged from 122.21 to 396.21 over the past decade. While the company's 10-year median is 200.32 vs. the industry median of 19.52, Progress Technologies Group 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.52, based on 2,820 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. Progress Technologies Group's current ROC (Joel Greenblatt) % of 133.80% is 585.5% 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 Progress Technologies Group and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Technologies Group's current ROC (Joel Greenblatt) % is 133.80%, which is 33% below median its own 10-year median of 200.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Technologies Group stock overvalued right now?
Progress Technologies Group (TSE:339A) has a current ROC (Joel Greenblatt) % of 133.80%. The current ROC (Joel Greenblatt) % is 133.80%, which is 33% below median its 10-year median of 200.32 and 585.5% above the Software industry median of 19.52. Progress Technologies Group's overall GF Score™ is 19/100 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 Progress Technologies Group (TSE:339A), the current ROC (Joel Greenblatt) % is 133.80% as of Feb. 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.
Progress Technologies Group Inc Providing cutting-edge technology at a one-stop service for the design and R&D departments of major manufacturing companies, and offering solutions that lead to successful digital transformation for companies.
19GF Score
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