Altia Consultores (XMAD:ALC) ROC (Joel Greenblatt) %: 193.15% (As of Dec. 2025) — 154% Above Median

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XMAD:ALC Altia Consultores SA XMAD:ALC
85 GF Score
Price €6.60
GF Value €6.85
Valuation Fairly Valued
! 1 Warning Sign
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What is Altia Consultores ROC (Joel Greenblatt) %?

Altia Consultores XMAD:ALC 85 ROC (Joel Greenblatt) % is 193.15% as of Dec. 2025, which is 154% above its 10-year median of 76.00. GuruFocus rates XMAD:ALC with a GF Score™ of 85/100 and a GF Value™ of €6.85 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,811 Software companies, Altia Consultores ranks better than 82% 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. Altia Consultores's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 193.15%.

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

XMAD:ALC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 48.85   Med: 76   Max: 186.29
Current: 172.58

During the past 13 years, Altia Consultores's highest ROC (Joel Greenblatt) % was 186.29%. The lowest was 48.85%. And the median was 76.00%.

XMAD:ALC's ROC (Joel Greenblatt) % is ranked better than
82% of 2811 companies
in the Software industry
Industry Median: 19.63 vs XMAD:ALC: 172.58

Altia Consultores's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 22.90% per year.


Altia Consultores  (XMAD:ALC) 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.


Altia Consultores ROC (Joel Greenblatt) % Related Terms


Altia Consultores ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Altia Consultores'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.

Altia Consultores ROC (Joel Greenblatt) % Chart

Altia Consultores 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 88.87 117.71 144.36 143.58 186.29

Altia Consultores 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 116.25 152.53 223.74 136.05 193.15

XMAD:ALC vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Altia Consultores'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.


Altia Consultores ROC (Joel Greenblatt) % vs Software Industry

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

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


XMAD:ALC
85GF Score
Altia Consultores SA XMAD:ALC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Altia Consultores 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)
=(76.207 + 1.715 + 0.10999999999999) - (35.824 + 0 + 28.718)
=13.49

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.878 + 2.711 + 0.824) - (32.749 + 0 + 37.429)
=12.235

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Altia Consultores 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 )
=34.418/( ( (5.021 + max(13.49, 0)) + (4.893 + max(12.235, 0)) )/ 2 )
=34.418/( ( 18.511 + 17.128 )/ 2 )
=34.418/17.8195
=193.15 %

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 193.15% mean?
Altia Consultores (XMAD:ALC) has a ROC (Joel Greenblatt) % of 193.15% 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 Altia Consultores and its competitors. This is 154% above median its historical median of 76.00. Over the past decade, Altia Consultores' ROC (Joel Greenblatt) % has ranged from 48.85 to 186.29. According to the industry distribution chart, Altia Consultores ranks #506 out of 2811 companies in the Software industry, placing it in the top 18%.
Is Altia Consultores' ROC (Joel Greenblatt) % too high?
Altia Consultores' current ROC (Joel Greenblatt) % of 193.15% is 154% above median its 10-year median of 76.00. Over the past 10 years, this metric has ranged from a low of 48.85 to a high of 186.29. The Software industry median ROC (Joel Greenblatt) % is 19.63. Altia Consultores' value of 193.15% is 884% above this industry median. Based on the distribution chart, Altia Consultores ranks #506 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Altia Consultores has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altia Consultores' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Altia Consultores ranks #506 out of 2811 companies for ROC (Joel Greenblatt) %. This places Altia Consultores in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. Altia Consultores' value of 193.15% is 884% above this benchmark. Historically, Altia Consultores' own ROC (Joel Greenblatt) % has ranged from 48.85 to 186.29 over the past decade. While the company's 10-year median is 76.00 vs. the industry median of 19.63, Altia Consultores 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. Altia Consultores's current ROC (Joel Greenblatt) % of 193.15% is 884% 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 Altia Consultores 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. Altia Consultores's current ROC (Joel Greenblatt) % is 193.15%, which is 154% above median its own 10-year median of 76.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altia Consultores stock overvalued right now?
Based on GuruFocus' analysis, Altia Consultores (XMAD:ALC) is currently considered Fairly Valued. The stock's GF Value™ is €6.85, compared to a current price of €6.60 — trading 3.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 193.15%, which is 154% above median its 10-year median of 76.00 and 884% above the Software industry median of 19.63. Altia Consultores' overall GF Score™ is 85/100 with 1 warning sign 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 Altia Consultores (XMAD:ALC), the current ROC (Joel Greenblatt) % is 193.15% 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 Altia Consultores (XMAD:ALC) Overvalued in 2026?

Based on GuruFocus' analysis, Altia Consultores stock appears to be undervalued. The current stock price of €6.60 is trading 3.6% below its estimated GF Value™ of €6.85. GuruFocus considers Altia Consultores to be Fairly Valued.

Key valuation signals for XMAD:ALC:

  • ROC (Joel Greenblatt) %: 193.15% (154% above median its 10-year median of 76.00)
  • GF Value™: €6.85 vs. price of €6.60 (3.6% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 884% above the Software median (#506 of 2811)

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


Altia Consultores Business Description

Address Passage Avenue, No. 32, Coruna, ESP, 15006
Altia Consultores SA is engaged in providing consultancy and ICT services in Spain. It consulting services includes study, report, strategic plan preparation, streamlining processes, security, develops computer application and outsourcing services.
85GF Score

Get the complete analysis for XMAD:ALC

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

€6.60
Price
€6.85
GF Value