Ctac NV (XAMS:CTAC) ROC (Joel Greenblatt) %: 56.44% (As of Dec. 2025) — Near Median


XAMS:CTAC Ctac NV XAMS:CTAC
79 GF Score
Price €3.00
GF Value €3.45
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ctac NV ROC (Joel Greenblatt) %?

Ctac NV XAMS:CTAC -1.64% 79 ROC (Joel Greenblatt) % is 56.44% as of Dec. 2025, which is 2% above its 10-year median of 55.38. GuruFocus rates XAMS:CTAC with a GF Score™ of 79/100 and a GF Value™ of €3.45 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,811 Software companies, Ctac NV ranks better than 60.26% 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. Ctac NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 56.44%.

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

XAMS:CTAC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 37.07   Med: 55.38   Max: 182.39
Current: 46.03

During the past 13 years, Ctac NV's highest ROC (Joel Greenblatt) % was 182.39%. The lowest was 37.07%. And the median was 55.38%.

XAMS:CTAC's ROC (Joel Greenblatt) % is ranked better than
60.26% of 2811 companies
in the Software industry
Industry Median: 19.63 vs XAMS:CTAC: 46.03

Ctac NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.40% per year.


Ctac NV  (XAMS:CTAC) 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.


Ctac NV ROC (Joel Greenblatt) % Related Terms


Ctac NV ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ctac NV'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.

Ctac NV ROC (Joel Greenblatt) % Chart

Ctac NV 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 55.91 60.63 37.07 50.14 45.91

Ctac NV Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 32.65 34.64 66.73 36.24 56.44

XAMS:CTAC vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Ctac NV'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.


Ctac NV ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Ctac NV's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XAMS:CTAC
79GF Score
Ctac NV XAMS:CTAC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ctac NV 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)
=(16.168 + 0.112 + 0.89900000000001) - (25.81 + 0 + 0.070999999999998)
=-8.702

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.523 + 0.086 + 1.071) - (12.04 + 0 + 15.767)
=-12.127

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ctac NV 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 )
=5.926/( ( (10.716 + max(-8.702, 0)) + (10.283 + max(-12.127, 0)) )/ 2 )
=5.926/( ( 10.716 + 10.283 )/ 2 )
=5.926/10.4995
=56.44 %

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 56.44% mean?
Ctac NV (XAMS:CTAC) has a ROC (Joel Greenblatt) % of 56.44% 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 Ctac NV and its competitors. This is near median its historical median of 55.38. Over the past decade, Ctac NV's ROC (Joel Greenblatt) % has ranged from 37.07 to 182.39. According to the industry distribution chart, Ctac NV ranks #1117 out of 2811 companies in the Software industry, placing it in the top 39.7%.
Is Ctac NV's ROC (Joel Greenblatt) % too high?
Ctac NV's current ROC (Joel Greenblatt) % of 56.44% is near median its 10-year median of 55.38. Over the past 10 years, this metric has ranged from a low of 37.07 to a high of 182.39. The Software industry median ROC (Joel Greenblatt) % is 19.63. Ctac NV's value of 56.44% is 187.5% above this industry median. Based on the distribution chart, Ctac NV ranks #1117 out of 2811 companies in the Software industry, which is above the industry midpoint. Overall, Ctac NV has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ctac NV's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Ctac NV ranks #1117 out of 2811 companies for ROC (Joel Greenblatt) %. This puts Ctac NV in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Ctac NV's value of 56.44% is 187.5% above this benchmark. Historically, Ctac NV's own ROC (Joel Greenblatt) % has ranged from 37.07 to 182.39 over the past decade. While the company's 10-year median is 55.38 vs. the industry median of 19.63, Ctac NV 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 19.63, based on 2,811 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. Ctac NV's current ROC (Joel Greenblatt) % of 56.44% is 187.5% 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 Ctac NV and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ctac NV's current ROC (Joel Greenblatt) % is 56.44%, which is near median its own 10-year median of 55.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ctac NV stock overvalued right now?
Based on GuruFocus' analysis, Ctac NV (XAMS:CTAC) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.45, compared to a current price of €3.00 — trading 13% below its estimated fair value. The current ROC (Joel Greenblatt) % is 56.44%, which is near median its 10-year median of 55.38 and 187.5% above the Software industry median of 19.63. Ctac NV's overall GF Score™ is 79/100 with 4 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 Ctac NV (XAMS:CTAC), the current ROC (Joel Greenblatt) % is 56.44% 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 Ctac NV (XAMS:CTAC) Overvalued in 2026?

Based on GuruFocus' analysis, Ctac NV stock appears to be undervalued. The current stock price of €3.00 is trading 13% below its estimated GF Value™ of €3.45. GuruFocus considers Ctac NV to be Modestly Undervalued.

Key valuation signals for XAMS:CTAC:

  • ROC (Joel Greenblatt) %: 56.44% (near median its 10-year median of 55.38)
  • GF Value™: €3.45 vs. price of €3.00 (13% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 187.5% above the Software median (#1117 of 2811)

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


Ctac NV Business Description

Other Exchanges TAC:Germany
Address Meerendonkweg 11, ’s-Hertogenbosch, NB, NLD, 5216 TZ
Ctac NV is a group of specialist IT companies offering expertise and services. The group offers a full range of IT services: from strategic advice and transformation through to the supply of specialist IT professionals via staffing services. The group provides services to the retail, manufacturing, wholesale, third-party logistics, and consumer products industries. The essential product of the company is the XV retail suite. The company classifies its business under geographical segments, including the Netherlands, Belgium, and Others. The Netherlands region generates the majority of revenue for the company.
79GF Score

Get the complete analysis for XAMS:CTAC

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

€3.00
Price
€3.45
GF Value