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IFIRMA Spolka AkcyjnaWAR:IFI +1.36%96 ROC (Joel Greenblatt) % is 1,383.70% as of Mar. 2026, which is 177% above its 10-year median of 498.95. GuruFocus rates WAR:IFI with a GF Score™ of 96/100 and a GF Value™ of zł31.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,816 Software companies, IFIRMA Spolka Akcyjna ranks better than 98.19% 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. IFIRMA Spolka Akcyjna's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,383.70%.
The historical rank and industry rank for IFIRMA Spolka Akcyjna's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:IFI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 235.13 Med: 498.95 Max: 1845.9
Current: 1810.04
During the past 13 years, IFIRMA Spolka Akcyjna's highest ROC (Joel Greenblatt) % was 1845.90%. The lowest was 235.13%. And the median was 498.95%.
WAR:IFI's ROC (Joel Greenblatt) % is ranked better than 98.19% of 2816
companies
in the Software industry
Industry Median: 20.03
vs WAR:IFI: 1810.04
IFIRMA Spolka Akcyjna's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.40% per year.
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.
IFIRMA Spolka Akcyjna ROC (Joel Greenblatt) % Related Terms
IFIRMA Spolka Akcyjna ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for IFIRMA Spolka Akcyjna'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.
WAR:IFI vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, IFIRMA Spolka Akcyjna'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.
IFIRMA Spolka Akcyjna ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, IFIRMA Spolka Akcyjna's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IFIRMA Spolka Akcyjna's ROC (Joel Greenblatt) % falls into.
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 1,383.70% mean?
IFIRMA Spolka Akcyjna (WAR:IFI) has a ROC (Joel Greenblatt) % of 1,383.70% 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 IFIRMA Spolka Akcyjna and its competitors. This is 177% above median its historical median of 498.95. Over the past decade, IFIRMA Spolka Akcyjna's ROC (Joel Greenblatt) % has ranged from 235.13 to 1,845.90. According to the industry distribution chart, IFIRMA Spolka Akcyjna ranks #51 out of 2816 companies in the Software industry, placing it in the top 1.8%.
Is IFIRMA Spolka Akcyjna's ROC (Joel Greenblatt) % too high?
IFIRMA Spolka Akcyjna's current ROC (Joel Greenblatt) % of 1,383.70% is 177% above median its 10-year median of 498.95. Over the past 10 years, this metric has ranged from a low of 235.13 to a high of 1,845.90. The Software industry median ROC (Joel Greenblatt) % is 20.03. IFIRMA Spolka Akcyjna's value of 1,383.70% is 6808.1% above this industry median. Based on the distribution chart, IFIRMA Spolka Akcyjna ranks #51 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, IFIRMA Spolka Akcyjna has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFIRMA Spolka Akcyjna's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, IFIRMA Spolka Akcyjna ranks #51 out of 2816 companies for ROC (Joel Greenblatt) %. This places IFIRMA Spolka Akcyjna in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.03. IFIRMA Spolka Akcyjna's value of 1,383.70% is 6808.1% above this benchmark. Historically, IFIRMA Spolka Akcyjna's own ROC (Joel Greenblatt) % has ranged from 235.13 to 1,845.90 over the past decade. While the company's 10-year median is 498.95 vs. the industry median of 20.03, IFIRMA Spolka Akcyjna 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 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. IFIRMA Spolka Akcyjna's current ROC (Joel Greenblatt) % of 1,383.70% is 6808.1% 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 IFIRMA Spolka Akcyjna 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. IFIRMA Spolka Akcyjna's current ROC (Joel Greenblatt) % is 1,383.70%, which is 177% above median its own 10-year median of 498.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFIRMA Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna (WAR:IFI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł31.15, compared to a current price of zł26.15 — trading 16.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,383.70%, which is 177% above median its 10-year median of 498.95 and 6808.1% above the Software industry median of 20.03. IFIRMA Spolka Akcyjna's overall GF Score™ is 96/100 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 IFIRMA Spolka Akcyjna (WAR:IFI), the current ROC (Joel Greenblatt) % is 1,383.70% 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 IFIRMA Spolka Akcyjna (WAR:IFI) Overvalued in 2026?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna stock appears to be undervalued.
The current stock price of zł26.15 is trading 16.1% below its estimated GF Value™ of zł31.15.
GuruFocus considers IFIRMA Spolka Akcyjna to be Modestly Undervalued.
Key valuation signals for WAR:IFI:
ROC (Joel Greenblatt) %: 1,383.70% (177% above median its 10-year median of 498.95)
GF Value™: zł31.15 vs. price of zł26.15 (16.1% below fair value)
Industry Position: 6808.1% above the Software median (#51 of 2816)
No single metric tells the full story. See the WAR:IFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFIRMA Spolka Akcyjna provides services in the field of software development as well as recruitment and outsourcing of IT staff. Its services include internet accounting, accounting office, invoices application, and warehousing software. The company is working on www.firmbee.com - a project management software which manages firm's tasks, finances, supports remote team work and HR processes.
96GF Score
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