Fastned BV (WBO:FSTN) ROC (Joel Greenblatt) %: -1.73% (As of Dec. 2025)


WBO:FSTN Fastned BV WBO:FSTN
48 GF Score
Price €28.30
GF Value €48.74
Valuation Possible Value Trap
! 7 Warning Signs
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What is Fastned BV ROC (Joel Greenblatt) %?

Fastned BV WBO:FSTN +0.53% 48 ROC (Joel Greenblatt) % is -1.73% as of Dec. 2025. GuruFocus rates WBO:FSTN with a GF Score™ of 48/100 and a GF Value™ of €48.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Fastned BV ranks worse than 81.48% 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. Fastned BV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1.73%.

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

WBO:FSTN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31.73   Med: -21.61   Max: -3.64
Current: -3.69

During the past 9 years, Fastned BV's highest ROC (Joel Greenblatt) % was -3.64%. The lowest was -31.73%. And the median was -21.61%.

WBO:FSTN's ROC (Joel Greenblatt) % is ranked worse than
81.48% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 11.57 vs WBO:FSTN: -3.69

Fastned BV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 35.50% per year.


Fastned BV  (WBO:FSTN) 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.


Fastned BV ROC (Joel Greenblatt) % Related Terms


Fastned BV ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fastned BV'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.

Fastned BV ROC (Joel Greenblatt) % Chart

Fastned BV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -30.90 -13.40 -5.35 -4.92 -3.64

Fastned BV Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -3.18 -4.16 -5.75 -6.01 -1.73

WBO:FSTN vs CASY, WSM, DKS: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Fastned BV'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.


Fastned BV ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fastned BV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fastned BV's ROC (Joel Greenblatt) % falls into.


WBO:FSTN
48GF Score
Fastned BV WBO:FSTN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fastned BV 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.324 + 0 + 15.349) - (25.492 + 0 + -7.105427357601E-15)
=11.181

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.457 + 9.411 + 16.456) - (31.346 + 0 + -0.00099999999999767)
=22.979

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fastned BV for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.976/( ( (304.944 + max(11.181, 0)) + (351.989 + max(22.979, 0)) )/ 2 )
=-5.976/( ( 316.125 + 374.968 )/ 2 )
=-5.976/345.5465
=-1.73 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -1.73% mean?
Fastned BV (WBO:FSTN) has a ROC (Joel Greenblatt) % of -1.73% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fastned BV and its competitors. According to the industry distribution chart, Fastned BV ranks #915 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 81.5%.
Is Fastned BV's ROC (Joel Greenblatt) % too high?
Fastned BV's current ROC (Joel Greenblatt) % is -1.73%. Based on the distribution chart, Fastned BV ranks #915 out of 1123 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Fastned BV has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fastned BV's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Fastned BV ranks #915 out of 1123 companies for ROC (Joel Greenblatt) %. This places Fastned BV in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.57. 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.57, based on 1,123 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 Fastned BV and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastned BV's current ROC (Joel Greenblatt) % is -1.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastned BV stock overvalued right now?
Based on GuruFocus' analysis, Fastned BV (WBO:FSTN) is currently considered Possible Value Trap. The stock's GF Value™ is €48.74, compared to a current price of €28.30 — trading 41.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is -1.73%. Fastned BV's overall GF Score™ is 48/100 with 7 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 Fastned BV (WBO:FSTN), the current ROC (Joel Greenblatt) % is -1.73% as of Dec. 2025. 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 Fastned BV (WBO:FSTN) Overvalued in 2026?

Based on GuruFocus' analysis, Fastned BV stock appears to be undervalued. The current stock price of €28.30 is trading 41.9% below its estimated GF Value™ of €48.74. GuruFocus considers Fastned BV to be Possible Value Trap.

Key valuation signals for WBO:FSTN:

  • ROC (Joel Greenblatt) %: -1.73%
  • GF Value™: €48.74 vs. price of €28.30 (41.9% below fair value)
  • GF Score™: 48/100 with 7 warning signs

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


Fastned BV Business Description

Address Amstelplein 44, Floor 21 and 22, Mondriaantoren, Amsterdam, NH, NLD, 1096 BC
Fastned BV specializes in the construction and operation of fast charging stations for fully electric vehicles. Its fast charging stations are capable of providing services to all types of electric vehicles, such as Tesla Model 3/S/X, Nissan Leaf, BMW i3, and Hyundai Ioniq, among others. The company generates revenue from the sale of electricity to EV drivers, plus other revenues from sales of renewable energy units and maintenance fees. It has six operating segments: the Netherlands, Germany, the United Kingdom, Belgium, France, and Other Europe. Other Europe consists of Switzerland, Italy, Spain, and Denmark. Maximum revenue is generated from the Netherlands.
48GF Score

Get the complete analysis for WBO:FSTN

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

€28.30
Price
€48.74
GF Value