CTS Eventim AG. KGaAXSWX:EVD -3.60%77 ROC (Joel Greenblatt) % is 64.51% as of Mar. 2026, which is 65% below its 10-year median of 183.28. GuruFocus rates XSWX:EVD with a GF Score™ of 77/100 and a GF Value™ of CHF91.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,028 Media - Diversified companies, CTS Eventim AG. KGaA ranks better than 84.63% 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. CTS Eventim AG. KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 64.51%.
The historical rank and industry rank for CTS Eventim AG. KGaA's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:EVD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55.81 Med: 183.28 Max: 700.59
Current: 86.45
During the past 13 years, CTS Eventim AG. KGaA's highest ROC (Joel Greenblatt) % was 700.59%. The lowest was -55.81%. And the median was 183.28%.
XSWX:EVD's ROC (Joel Greenblatt) % is ranked better than 84.63% of 1028
companies
in the Media - Diversified industry
Industry Median: 9.285
vs XSWX:EVD: 86.45
CTS Eventim AG. KGaA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
CTS Eventim AG. KGaA ROC (Joel Greenblatt) % Related Terms
CTS Eventim AG. KGaA ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CTS Eventim AG. KGaA'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.
XSWX:EVD vs NFLX, DIS, WBD: ROC (Joel Greenblatt) % Comparison
For the Entertainment subindustry, CTS Eventim AG. KGaA'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.
CTS Eventim AG. KGaA ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, CTS Eventim AG. KGaA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CTS Eventim AG. KGaA'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 64.51% mean?
CTS Eventim AG. KGaA (XSWX:EVD) has a ROC (Joel Greenblatt) % of 64.51% 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 CTS Eventim AG. KGaA and its competitors. This is 65% below median its historical median of 183.28. According to the industry distribution chart, CTS Eventim AG. KGaA ranks #158 out of 1028 companies in the Media - Diversified industry, placing it in the top 15.4%.
Is CTS Eventim AG. KGaA's ROC (Joel Greenblatt) % too high?
CTS Eventim AG. KGaA's current ROC (Joel Greenblatt) % of 64.51% is 65% below median its 10-year median of 183.28. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.29. CTS Eventim AG. KGaA's value of 64.51% is 594.8% above this industry median. Based on the distribution chart, CTS Eventim AG. KGaA ranks #158 out of 1028 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, CTS Eventim AG. KGaA has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS Eventim AG. KGaA's ROC (Joel Greenblatt) % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, CTS Eventim AG. KGaA ranks #158 out of 1028 companies for ROC (Joel Greenblatt) %. This places CTS Eventim AG. KGaA in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.29. CTS Eventim AG. KGaA's value of 64.51% is 594.8% above this benchmark. While the company's 10-year median is 183.28 vs. the industry median of 9.29, CTS Eventim AG. KGaA 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.29, based on 1,028 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. CTS Eventim AG. KGaA's current ROC (Joel Greenblatt) % of 64.51% is 594.8% 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 CTS Eventim AG. KGaA and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTS Eventim AG. KGaA's current ROC (Joel Greenblatt) % is 64.51%, which is 65% below median its own 10-year median of 183.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS Eventim AG. KGaA stock overvalued right now?
Based on GuruFocus' analysis, CTS Eventim AG. KGaA (XSWX:EVD) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF91.59, compared to a current price of CHF45.58 — trading 50.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 64.51%, which is 65% below median its 10-year median of 183.28 and 594.8% above the Media - Diversified industry median of 9.29. CTS Eventim AG. KGaA's overall GF Score™ is 77/100 with 3 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 CTS Eventim AG. KGaA (XSWX:EVD), the current ROC (Joel Greenblatt) % is 64.51% 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 CTS Eventim AG. KGaA (XSWX:EVD) Overvalued in 2026?
Based on GuruFocus' analysis, CTS Eventim AG. KGaA stock appears to be undervalued.
The current stock price of CHF45.58 is trading 50.2% below its estimated GF Value™ of CHF91.59.
GuruFocus considers CTS Eventim AG. KGaA to be Significantly Undervalued.
Key valuation signals for XSWX:EVD:
ROC (Joel Greenblatt) %: 64.51% (65% below median its 10-year median of 183.28)
GF Value™: CHF91.59 vs. price of CHF45.58 (50.2% below fair value)
Industry Position: 594.8% above the Media - Diversified median (#158 of 1028)
No single metric tells the full story. See the XSWX:EVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTS Eventim AG & Co. KGaA is a diversified media company that focuses on ticketing and live entertainment. The business is divided into two segments: ticketing and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, and theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.
77GF Score
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