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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. Carrier Connect Data Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -43.13%.
The historical rank and industry rank for Carrier Connect Data Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
TSXV:CCDS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -77.87 Med: -7.44 Max: -4.03
Current: -41.93
During the past 3 years, Carrier Connect Data Solutions's highest ROC (Joel Greenblatt) % was -4.03%. The lowest was -77.87%. And the median was -7.44%.
TSXV:CCDS's ROC (Joel Greenblatt) % is ranked worse than 72.62% of 2816
companies
in the Software industry
Industry Median: 20.03
vs TSXV:CCDS: -41.93
Carrier Connect Data Solutions (TSXV:CCDS) 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.
Carrier Connect Data Solutions ROC (Joel Greenblatt) % Chart
TSXV:CCDS vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Carrier Connect Data Solutions'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.
Carrier Connect Data Solutions ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Carrier Connect Data Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Carrier Connect Data Solutions's ROC (Joel Greenblatt) % falls into.
Carrier Connect Data Solutions 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 -43.13% mean?
Carrier Connect Data Solutions (TSXV:CCDS) has a ROC (Joel Greenblatt) % of -43.13% 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 Carrier Connect Data Solutions and its competitors. According to the industry distribution chart, Carrier Connect Data Solutions ranks #2045 out of 2816 companies in the Software industry, placing it in the top 72.6%.
Is Carrier Connect Data Solutions' ROC (Joel Greenblatt) % too high?
Carrier Connect Data Solutions' current ROC (Joel Greenblatt) % is -43.13%. Based on the distribution chart, Carrier Connect Data Solutions ranks #2045 out of 2816 companies in the Software industry, which is below the industry midpoint. Overall, Carrier Connect Data Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Connect Data Solutions' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Carrier Connect Data Solutions ranks #2045 out of 2816 companies for ROC (Joel Greenblatt) %. This places Carrier Connect Data Solutions in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.03. 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 20.03, based on 2,816 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 Carrier Connect Data Solutions and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Connect Data Solutions's current ROC (Joel Greenblatt) % is -43.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrier Connect Data Solutions stock overvalued right now?
Carrier Connect Data Solutions (TSXV:CCDS) has a current ROC (Joel Greenblatt) % of -43.13%. The current ROC (Joel Greenblatt) % is -43.13%. Carrier Connect Data Solutions' overall GF Score™ is 11/100 with 3 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 Carrier Connect Data Solutions (TSXV:CCDS), the current ROC (Joel Greenblatt) % is -43.13% 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.
Carrier Connect Data Solutions Business Description
Carrier Connect Data Solutions Inc operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Carrier's systems are fully independent and owned outright within its leased space. The current principal market for Carrier is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary data center or as an ancillary site depending on their needs.
11GF Score
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