MFE-MediaForEuropeXMAD:MFEA +0.99%75 ROC (Joel Greenblatt) % is 6.30% as of Mar. 2026, which is 92% below its 10-year median of 75.70. GuruFocus rates XMAD:MFEA with a GF Score™ of 75/100 and a GF Value™ of €4.72 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,017 Media - Diversified companies, MFE-MediaForEurope ranks better than 85.64% 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. MFE-MediaForEurope's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.30%.
The historical rank and industry rank for MFE-MediaForEurope's ROC (Joel Greenblatt) % or its related term are showing as below:
XMAD:MFEA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -49.68 Med: 75.7 Max: 146.84
Current: 94.44
During the past 13 years, MFE-MediaForEurope's highest ROC (Joel Greenblatt) % was 146.84%. The lowest was -49.68%. And the median was 75.70%.
XMAD:MFEA's ROC (Joel Greenblatt) % is ranked better than 85.64% of 1017
companies
in the Media - Diversified industry
Industry Median: 9.36
vs XMAD:MFEA: 94.44
MFE-MediaForEurope's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.90% per year.
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.
MFE-MediaForEurope ROC (Joel Greenblatt) % Related Terms
MFE-MediaForEurope ROC (Joel Greenblatt) % Historical Data
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The historical data trend for MFE-MediaForEurope'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.
XMAD:MFEA vs NXST: ROC (Joel Greenblatt) % Comparison
For the Broadcasting subindustry, MFE-MediaForEurope'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.
MFE-MediaForEurope ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, MFE-MediaForEurope's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MFE-MediaForEurope's ROC (Joel Greenblatt) % falls into.
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:
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.
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 6.30% mean?
MFE-MediaForEurope (XMAD:MFEA) has a ROC (Joel Greenblatt) % of 6.30% 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 MFE-MediaForEurope and its competitors. This is 92% below median its historical median of 75.70. According to the industry distribution chart, MFE-MediaForEurope ranks #146 out of 1017 companies in the Media - Diversified industry, placing it in the top 14.4%.
Is MFE-MediaForEurope's ROC (Joel Greenblatt) % too high?
MFE-MediaForEurope's current ROC (Joel Greenblatt) % of 6.30% is 92% below median its 10-year median of 75.70. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.36. MFE-MediaForEurope's value of 6.30% is 32.7% below this industry median. Based on the distribution chart, MFE-MediaForEurope ranks #146 out of 1017 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, MFE-MediaForEurope has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MFE-MediaForEurope's ROC (Joel Greenblatt) % compare to NXST?
According to the Media - Diversified industry distribution chart, MFE-MediaForEurope ranks #146 out of 1017 companies for ROC (Joel Greenblatt) %. This places MFE-MediaForEurope in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.36. MFE-MediaForEurope's value of 6.30% is 32.7% below this benchmark. While the company's 10-year median is 75.70 vs. the industry median of 9.36, MFE-MediaForEurope has consistently been below 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.36, based on 1,017 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. MFE-MediaForEurope's current ROC (Joel Greenblatt) % of 6.30% is 32.7% below 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 MFE-MediaForEurope and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFE-MediaForEurope's current ROC (Joel Greenblatt) % is 6.30%, which is 92% below median its own 10-year median of 75.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFE-MediaForEurope stock overvalued right now?
Based on GuruFocus' analysis, MFE-MediaForEurope (XMAD:MFEA) is currently considered Possible Value Trap. The stock's GF Value™ is €4.72, compared to a current price of €2.85 — trading 39.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.30%, which is 92% below median its 10-year median of 75.70 and 32.7% below the Media - Diversified industry median of 9.36. MFE-MediaForEurope's overall GF Score™ is 75/100 with 6 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 MFE-MediaForEurope (XMAD:MFEA), the current ROC (Joel Greenblatt) % is 6.30% 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 MFE-MediaForEurope (XMAD:MFEA) Overvalued in 2026?
Based on GuruFocus' analysis, MFE-MediaForEurope stock appears to be undervalued.
The current stock price of €2.85 is trading 39.7% below its estimated GF Value™ of €4.72.
GuruFocus considers MFE-MediaForEurope to be Possible Value Trap.
Key valuation signals for XMAD:MFEA:
ROC (Joel Greenblatt) %: 6.30% (92% below median its 10-year median of 75.70)
GF Value™: €4.72 vs. price of €2.85 (39.7% below fair value)
Industry Position: 32.7% below the Media - Diversified median (#146 of 1017)
No single metric tells the full story. See the XMAD:MFEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MFE-MediaForEurope is a commercial TV operator in the Italian and Spanish commercial TV sector, offering free-to-air television programming on general interest channels (Canale 5, Italia 1 and Rete 4 in Italy, and Tele5 and Cuatro in Spain) and a wide portfolio of semigeneralist and thematic channels available in linear and on-demand OTT services comprising a broad range of cinema, TV series and children's channel content. The group generates maximum revenue from TV advertising, and the rest from sales of TV rights and productions, pay streaming service, movie distribution, construction, rental, and maintenance of TV equipment, etc. The company's operating segments are: Italy, which is its key revenue-generating market, and Spain.
75GF Score
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