Aeternal Mentis (XMAD:AMEN) ROC (Joel Greenblatt) %: -36.35% (As of Dec. 2025)


XMAD:AMEN Aeternal Mentis SA XMAD:AMEN
14 GF Score
Price €8.55
GF Value €1.13
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Aeternal Mentis ROC (Joel Greenblatt) %?

Aeternal Mentis XMAD:AMEN 14 ROC (Joel Greenblatt) % is -36.35% as of Dec. 2025. GuruFocus rates XMAD:AMEN with a GF Score™ of 14/100 and a GF Value™ of €1.13 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,800 Software companies, Aeternal Mentis ranks worse than 71.71% 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. Aeternal Mentis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -36.35%.

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

XMAD:AMEN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.35   Med: 6.22   Max: 15.45
Current: -36.35

During the past 6 years, Aeternal Mentis's highest ROC (Joel Greenblatt) % was 15.45%. The lowest was -36.35%. And the median was 6.22%.

XMAD:AMEN's ROC (Joel Greenblatt) % is ranked worse than
71.71% of 2800 companies
in the Software industry
Industry Median: 19.625 vs XMAD:AMEN: -36.35

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


Aeternal Mentis  (XMAD:AMEN) 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.


Aeternal Mentis ROC (Joel Greenblatt) % Related Terms


Aeternal Mentis ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aeternal Mentis'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.

Aeternal Mentis ROC (Joel Greenblatt) % Chart

Aeternal Mentis Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 6.22 15.45 10.63 -13.90 -36.35

Aeternal Mentis Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 6.22 15.45 10.63 -13.90 -36.35

XMAD:AMEN vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Aeternal Mentis'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.


Aeternal Mentis ROC (Joel Greenblatt) % vs Software Industry

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

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


XMAD:AMEN
14GF Score
Aeternal Mentis SA XMAD:AMEN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeternal Mentis 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.062 + 0 + 0.448) - (0.036 + 0 + 0.572)
=-0.098

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.159 + 0 + 0.416) - (0.053 + 0 + 0.09)
=0.432

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aeternal Mentis 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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.598/( ( (4.884 + max(-0.098, 0)) + (3.476 + max(0.432, 0)) )/ 2 )
=-1.598/( ( 4.884 + 3.908 )/ 2 )
=-1.598/4.396
=-36.35 %

Note: The EBIT data used here is one times the 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 -36.35% mean?
Aeternal Mentis (XMAD:AMEN) has a ROC (Joel Greenblatt) % of -36.35% 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 Aeternal Mentis and its competitors. According to the industry distribution chart, Aeternal Mentis ranks #2008 out of 2800 companies in the Software industry, placing it in the top 71.7%.
Is Aeternal Mentis' ROC (Joel Greenblatt) % too high?
Aeternal Mentis' current ROC (Joel Greenblatt) % is -36.35%. Based on the distribution chart, Aeternal Mentis ranks #2008 out of 2800 companies in the Software industry, which is below the industry midpoint. Overall, Aeternal Mentis has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aeternal Mentis' ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Aeternal Mentis ranks #2008 out of 2800 companies for ROC (Joel Greenblatt) %. This places Aeternal Mentis in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. 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 2,800 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 Aeternal Mentis 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. Aeternal Mentis's current ROC (Joel Greenblatt) % is -36.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeternal Mentis stock overvalued right now?
Based on GuruFocus' analysis, Aeternal Mentis (XMAD:AMEN) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.13, compared to a current price of €8.55 — trading 656.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is -36.35%. Aeternal Mentis' overall GF Score™ is 14/100 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 Aeternal Mentis (XMAD:AMEN), the current ROC (Joel Greenblatt) % is -36.35% 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 Aeternal Mentis (XMAD:AMEN) Overvalued in 2026?

Based on GuruFocus' analysis, Aeternal Mentis stock appears to be overvalued. The current stock price of €8.55 is trading 656.6% above its estimated GF Value™ of €1.13. GuruFocus considers Aeternal Mentis to be Significantly Overvalued.

Key valuation signals for XMAD:AMEN:

  • ROC (Joel Greenblatt) %: -36.35%
  • GF Value™: €1.13 vs. price of €8.55 (656.6% above fair value)
  • GF Score™: 14/100 with 2 warning signs

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


Aeternal Mentis Business Description

Address Calle arca 2, Vitoria-Gasteiz, Araba, ESP
Aeternal Mentis SA is a technology services company dedicated to providing other businesses with the infrastructure and services needed for the development of AI models and their subsequent implementation for everyday use. Its business activity is centered around the leasing of computational capacity for the generation and training of Artificial Intelligence models, as well as aiding and advising in their development. Its services include Computing Capacity, Model Generation and Training, Development Support, and Consulting.
14GF Score

Get the complete analysis for XMAD:AMEN

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

€8.55
Price
€1.13
GF Value