Maxcom Spolka Akcyjna (WAR:MXC) ROC (Joel Greenblatt) %: -7.77% (As of Mar. 2026)

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WAR:MXC Maxcom Spolka Akcyjna WAR:MXC
73 GF Score
Price zł5.92
GF Value zł6.19
Valuation Fairly Valued
! 2 Warning Signs
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What is Maxcom Spolka Akcyjna ROC (Joel Greenblatt) %?

Maxcom Spolka Akcyjna WAR:MXC 73 ROC (Joel Greenblatt) % is -7.77% as of Mar. 2026. GuruFocus rates WAR:MXC with a GF Score™ of 73/100 and a GF Value™ of zł6.19 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,492 Hardware companies, Maxcom Spolka Akcyjna ranks worse than 66.97% 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. Maxcom Spolka Akcyjna's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.77%.

The historical rank and industry rank for Maxcom Spolka Akcyjna's ROC (Joel Greenblatt) % or its related term are showing as below:

WAR:MXC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.76   Med: 6.6   Max: 62.45
Current: 1.91

During the past 12 years, Maxcom Spolka Akcyjna's highest ROC (Joel Greenblatt) % was 62.45%. The lowest was -3.76%. And the median was 6.60%.

WAR:MXC's ROC (Joel Greenblatt) % is ranked worse than
66.97% of 2492 companies
in the Hardware industry
Industry Median: 10.435 vs WAR:MXC: 1.91

Maxcom Spolka Akcyjna's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Maxcom Spolka Akcyjna  (WAR:MXC) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Maxcom Spolka Akcyjna ROC (Joel Greenblatt) % Related Terms


Maxcom Spolka Akcyjna ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Maxcom 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.

Maxcom Spolka Akcyjna ROC (Joel Greenblatt) % Chart

Maxcom Spolka Akcyjna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 -3.76 6.15 1.00 0.51

Maxcom Spolka Akcyjna Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.34 -3.47 5.63 13.30 -7.77

WAR:MXC vs AAPL: ROC (Joel Greenblatt) % Comparison

For the Consumer Electronics subindustry, Maxcom 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.


Maxcom Spolka Akcyjna ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Maxcom Spolka Akcyjna's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Maxcom Spolka Akcyjna's ROC (Joel Greenblatt) % falls into.


WAR:MXC
73GF Score
Maxcom Spolka Akcyjna WAR:MXC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxcom Spolka Akcyjna 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.425 + 35.195 + 5.007) - (9.123 + 0 + 2.014)
=46.49

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.05 + 38.376 + 7.105427357601E-15) - (5.283 + 0 + 2.462)
=50.681

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Maxcom Spolka Akcyjna for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.104/( ( (4.34 + max(46.49, 0)) + (4.144 + max(50.681, 0)) )/ 2 )
=-4.104/( ( 50.83 + 54.825 )/ 2 )
=-4.104/52.8275
=-7.77 %

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 -7.77% mean?
Maxcom Spolka Akcyjna (WAR:MXC) has a ROC (Joel Greenblatt) % of -7.77% 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 Maxcom Spolka Akcyjna and its competitors. According to the industry distribution chart, Maxcom Spolka Akcyjna ranks #1669 out of 2492 companies in the Hardware industry, placing it in the top 67%.
Is Maxcom Spolka Akcyjna's ROC (Joel Greenblatt) % too high?
Maxcom Spolka Akcyjna's current ROC (Joel Greenblatt) % is -7.77%. Based on the distribution chart, Maxcom Spolka Akcyjna ranks #1669 out of 2492 companies in the Hardware industry, which is below the industry midpoint. Overall, Maxcom Spolka Akcyjna has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxcom Spolka Akcyjna's ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Maxcom Spolka Akcyjna ranks #1669 out of 2492 companies for ROC (Joel Greenblatt) %. This places Maxcom Spolka Akcyjna in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,492 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 Maxcom Spolka Akcyjna and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxcom Spolka Akcyjna's current ROC (Joel Greenblatt) % is -7.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxcom Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, Maxcom Spolka Akcyjna (WAR:MXC) is currently considered Fairly Valued. The stock's GF Value™ is zł6.19, compared to a current price of zł5.92 — trading 4.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -7.77%. Maxcom Spolka Akcyjna's overall GF Score™ is 73/100 with 2 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 Maxcom Spolka Akcyjna (WAR:MXC), the current ROC (Joel Greenblatt) % is -7.77% 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 Maxcom Spolka Akcyjna (WAR:MXC) Overvalued in 2026?

Based on GuruFocus' analysis, Maxcom Spolka Akcyjna stock appears to be undervalued. The current stock price of zł5.92 is trading 4.4% below its estimated GF Value™ of zł6.19. GuruFocus considers Maxcom Spolka Akcyjna to be Fairly Valued.

Key valuation signals for WAR:MXC:

  • ROC (Joel Greenblatt) %: -7.77%
  • GF Value™: zł6.19 vs. price of zł5.92 (4.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the WAR:MXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxcom Spolka Akcyjna Business Description

Address Towarowa Street 23a, Tychy, POL, 43-100
Maxcom Spolka Akcyjna is engaged in the production and distribution of consumer electronics. The company's product portfolio includes, among others, mobile phones, including smartphones, wireless speakers, sports watches and bands, electric scooters, cleaning robots, LED lights, photovoltaic products and Smart Home.
73GF Score

Get the complete analysis for WAR:MXC

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł5.92
Price
zł6.19
GF Value