Ascom Holding AG (XSWX:ASCN) ROC (Joel Greenblatt) %: 137.50% (As of Dec. 2025) — 124% Above Median


XSWX:ASCN Ascom Holding AG XSWX:ASCN
69 GF Score
Price CHF5.91
GF Value CHF5.82
Valuation Fairly Valued
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What is Ascom Holding AG ROC (Joel Greenblatt) %?

Ascom Holding AG XSWX:ASCN -0.67% 69 ROC (Joel Greenblatt) % is 137.50% as of Dec. 2025, which is 124% above its 10-year median of 61.37. GuruFocus rates XSWX:ASCN with a GF Score™ of 69/100 and a GF Value™ of CHF5.82 (Fairly Valued). Among 670 Healthcare Providers & Services companies, Ascom Holding AG ranks better than 87.61% 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. Ascom Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 137.50%.

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

XSWX:ASCN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -780.8   Med: 61.37   Max: 172.59
Current: 81.62

During the past 13 years, Ascom Holding AG's highest ROC (Joel Greenblatt) % was 172.59%. The lowest was -780.80%. And the median was 61.37%.

XSWX:ASCN's ROC (Joel Greenblatt) % is ranked better than
87.61% of 670 companies
in the Healthcare Providers & Services industry
Industry Median: 12.47 vs XSWX:ASCN: 81.62

Ascom Holding AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.60% per year.


Ascom Holding AG  (XSWX:ASCN) 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.


Ascom Holding AG ROC (Joel Greenblatt) % Related Terms


Ascom Holding AG ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ascom Holding AG'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.

Ascom Holding AG ROC (Joel Greenblatt) % Chart

Ascom Holding AG 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 106.51 58.94 79.39 28.07 63.79

Ascom Holding AG 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 188.49 54.75 21.05 53.54 137.50

XSWX:ASCN vs VEEV, BTSG, TEM: ROC (Joel Greenblatt) % Comparison

For the Health Information Services subindustry, Ascom Holding AG'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.


Ascom Holding AG ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ascom Holding AG's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ascom Holding AG's ROC (Joel Greenblatt) % falls into.


XSWX:ASCN
69GF Score
Ascom Holding AG XSWX:ASCN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascom Holding AG 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)
=(51.8 + 36.3 + 0) - (11.4 + 0 + 76.5)
=0.19999999999999

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.4 + 35 + 7.4) - (24.5 + 0 + 64.3)
=19

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ascom Holding AG 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 )
=26.4/( ( (9.8 + max(0.19999999999999, 0)) + (9.4 + max(19, 0)) )/ 2 )
=26.4/( ( 10 + 28.4 )/ 2 )
=26.4/19.2
=137.50 %

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 137.50% mean?
Ascom Holding AG (XSWX:ASCN) has a ROC (Joel Greenblatt) % of 137.50% 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 Ascom Holding AG and its competitors. This is 124% above median its historical median of 61.37. According to the industry distribution chart, Ascom Holding AG ranks #83 out of 670 companies in the Healthcare Providers & Services industry, placing it in the top 12.4%.
Is Ascom Holding AG's ROC (Joel Greenblatt) % too high?
Ascom Holding AG's current ROC (Joel Greenblatt) % of 137.50% is 124% above median its 10-year median of 61.37. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.47. Ascom Holding AG's value of 137.50% is 1002.6% above this industry median. Based on the distribution chart, Ascom Holding AG ranks #83 out of 670 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ascom Holding AG has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ascom Holding AG's ROC (Joel Greenblatt) % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Ascom Holding AG ranks #83 out of 670 companies for ROC (Joel Greenblatt) %. This places Ascom Holding AG in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.47. Ascom Holding AG's value of 137.50% is 1002.6% above this benchmark. While the company's 10-year median is 61.37 vs. the industry median of 12.47, Ascom Holding AG 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.47, based on 670 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. Ascom Holding AG's current ROC (Joel Greenblatt) % of 137.50% is 1002.6% 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 Ascom Holding AG and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascom Holding AG's current ROC (Joel Greenblatt) % is 137.50%, which is 124% above median its own 10-year median of 61.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascom Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Ascom Holding AG (XSWX:ASCN) is currently considered Fairly Valued. The stock's GF Value™ is CHF5.82, compared to a current price of CHF5.91 — trading 1.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 137.50%, which is 124% above median its 10-year median of 61.37 and 1002.6% above the Healthcare Providers & Services industry median of 12.47. Ascom Holding AG's overall GF Score™ is 69/100. 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 Ascom Holding AG (XSWX:ASCN), the current ROC (Joel Greenblatt) % is 137.50% 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 Ascom Holding AG (XSWX:ASCN) Overvalued in 2026?

Based on GuruFocus' analysis, Ascom Holding AG stock appears to be overvalued. The current stock price of CHF5.91 is trading 1.5% above its estimated GF Value™ of CHF5.82. GuruFocus considers Ascom Holding AG to be Fairly Valued.

Key valuation signals for XSWX:ASCN:

  • ROC (Joel Greenblatt) %: 137.50% (124% above median its 10-year median of 61.37)
  • GF Value™: CHF5.82 vs. price of CHF5.91 (1.5% above fair value)
  • GF Score™: 69/100
  • Industry Position: 1002.6% above the Healthcare Providers & Services median (#83 of 670)

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


Ascom Holding AG Business Description

Address Zugerstrasse 32, Baar, CHE, 6340
Ascom Holding AG is a solutions provider of ICT and mobile workflow solutions in the healthcare and enterprise sectors. The company consists of a business unit, the purpose of which is to use its product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide digitalized, complete, and efficient workflows for healthcare as well as for industry, security, and retail sectors. The company has three segments OEM, Enterprise, and Healthcare. It derives a majority of revenue from the healthcare segment.
69GF Score

Get the complete analysis for XSWX:ASCN

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

CHF5.91
Price
CHF5.82
GF Value