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Mare NostrumXPAR:ALMAR -1.38%45 ROC (Joel Greenblatt) % is 4,303.36% as of Dec. 2025. GuruFocus rates XPAR:ALMAR with a GF Score™ of 45/100 and a GF Value™ of €0.45 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,085 Business Services companies, Mare Nostrum ranks better than 98.89% 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. Mare Nostrum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4,303.36%.
The historical rank and industry rank for Mare Nostrum's ROC (Joel Greenblatt) % or its related term are showing as below:
XPAR:ALMAR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -752.56 Med: -1.8 Max: 1507.49
Current: 1507.49
During the past 9 years, Mare Nostrum's highest ROC (Joel Greenblatt) % was 1507.49%. The lowest was -752.56%. And the median was -1.80%.
XPAR:ALMAR's ROC (Joel Greenblatt) % is ranked better than 98.89% of 1085
companies
in the Business Services industry
Industry Median: 21.24
vs XPAR:ALMAR: 1507.49
Mare Nostrum's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mare Nostrum (XPAR:ALMAR) 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.
Mare Nostrum ROC (Joel Greenblatt) % Related Terms
Mare Nostrum ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mare Nostrum'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.
XPAR:ALMAR vs KFY, RHI, TNET: ROC (Joel Greenblatt) % Comparison
For the Staffing & Employment Services subindustry, Mare Nostrum'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.
Mare Nostrum ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Mare Nostrum's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mare Nostrum'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 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 4,303.36% mean?
Mare Nostrum (XPAR:ALMAR) has a ROC (Joel Greenblatt) % of 4,303.36% 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 Mare Nostrum and its competitors. According to the industry distribution chart, Mare Nostrum ranks #12 out of 1085 companies in the Business Services industry, placing it in the top 1.1%.
Is Mare Nostrum's ROC (Joel Greenblatt) % too high?
Mare Nostrum's current ROC (Joel Greenblatt) % is 4,303.36%. The Business Services industry median ROC (Joel Greenblatt) % is 21.24. Mare Nostrum's value of 4,303.36% is 20160.6% above this industry median. Based on the distribution chart, Mare Nostrum ranks #12 out of 1085 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mare Nostrum has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mare Nostrum's ROC (Joel Greenblatt) % compare to KFY and RHI?
According to the Business Services industry distribution chart, Mare Nostrum ranks #12 out of 1085 companies for ROC (Joel Greenblatt) %. This places Mare Nostrum in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.24. Mare Nostrum's value of 4,303.36% is 20160.6% above this benchmark. 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.24, based on 1,085 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. Mare Nostrum's current ROC (Joel Greenblatt) % of 4,303.36% is 20160.6% 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 Mare Nostrum and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mare Nostrum's current ROC (Joel Greenblatt) % is 4,303.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mare Nostrum stock overvalued right now?
Based on GuruFocus' analysis, Mare Nostrum (XPAR:ALMAR) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.45, compared to a current price of €0.57 — trading 26.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4,303.36% and 20160.6% above the Business Services industry median of 21.24. Mare Nostrum's overall GF Score™ is 45/100 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 Mare Nostrum (XPAR:ALMAR), the current ROC (Joel Greenblatt) % is 4,303.36% 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 Mare Nostrum (XPAR:ALMAR) Overvalued in 2026?
Based on GuruFocus' analysis, Mare Nostrum stock appears to be overvalued.
The current stock price of €0.57 is trading 26.7% above its estimated GF Value™ of €0.45.
GuruFocus considers Mare Nostrum to be Modestly Overvalued.
Key valuation signals for XPAR:ALMAR:
ROC (Joel Greenblatt) %: 4,303.36%
GF Value™: €0.45 vs. price of €0.57 (26.7% above fair value)
Industry Position: 20160.6% above the Business Services median (#12 of 1085)
No single metric tells the full story. See the XPAR:ALMAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mare Nostrum is engaged in human resources management. The company provides temporary work, recruitment, training as well as payroll and professional mobility.
45GF Score
Get the complete analysis for XPAR:ALMAR
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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