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Elad Software SystemsXTAE:ELAD +2.72%16 ROC (Joel Greenblatt) % is 67.00% as of Jun. 2026, which is 21% below its 10-year median of 84.94. GuruFocus rates XTAE:ELAD with a GF Score™ of 16/100. Among 2,816 Software companies, Elad Software Systems ranks better than 62.22% 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. Elad Software Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 67.00%.
The historical rank and industry rank for Elad Software Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
XTAE:ELAD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 53.79 Med: 84.94 Max: 101.07
Current: 53.79
During the past 2 years, Elad Software Systems's highest ROC (Joel Greenblatt) % was 101.07%. The lowest was 53.79%. And the median was 84.94%.
XTAE:ELAD's ROC (Joel Greenblatt) % is ranked better than 62.22% of 2816
companies
in the Software industry
Industry Median: 21.27
vs XTAE:ELAD: 53.79
Elad Software Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Elad Software Systems (XTAE:ELAD) 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.
Elad Software Systems ROC (Joel Greenblatt) % Related Terms
Elad Software Systems ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Elad Software Systems'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.
Elad Software Systems ROC (Joel Greenblatt) % Chart
Elad Software Systems Annual Data
Trend
Dec24
Dec25
ROC (Joel Greenblatt) %
68.81
101.07
Elad Software Systems Semi-Annual Data
Jun24
Dec24
Jun25
Dec25
Jun26
ROC (Joel Greenblatt) %
0.00
86.75
43.04
62.60
67.00
XTAE:ELAD vs CRM, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Elad Software Systems'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.
Elad Software Systems ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Elad Software Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Elad Software Systems's ROC (Joel Greenblatt) % falls into.
Elad Software Systems 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:
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 (Jun. 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 67.00% mean?
Elad Software Systems (XTAE:ELAD) has a ROC (Joel Greenblatt) % of 67.00% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Elad Software Systems and its competitors. This is 21% below median its historical median of 84.94. Over the past decade, Elad Software Systems' ROC (Joel Greenblatt) % has ranged from 53.79 to 101.07. According to the industry distribution chart, Elad Software Systems ranks #1064 out of 2816 companies in the Software industry, placing it in the top 37.8%.
Is Elad Software Systems' ROC (Joel Greenblatt) % too high?
Elad Software Systems' current ROC (Joel Greenblatt) % of 67.00% is 21% below median its 10-year median of 84.94. Over the past 10 years, this metric has ranged from a low of 53.79 to a high of 101.07. The Software industry median ROC (Joel Greenblatt) % is 21.27. Elad Software Systems' value of 67.00% is 215% above this industry median. Based on the distribution chart, Elad Software Systems ranks #1064 out of 2816 companies in the Software industry, which is above the industry midpoint. Overall, Elad Software Systems has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Elad Software Systems' ROC (Joel Greenblatt) % compare to CRM and SHOP?
According to the Software industry distribution chart, Elad Software Systems ranks #1064 out of 2816 companies for ROC (Joel Greenblatt) %. This puts Elad Software Systems in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.27. Elad Software Systems' value of 67.00% is 215% above this benchmark. Historically, Elad Software Systems' own ROC (Joel Greenblatt) % has ranged from 53.79 to 101.07 over the past decade. While the company's 10-year median is 84.94 vs. the industry median of 21.27, Elad Software Systems 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 21.27, based on 2,816 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. Elad Software Systems's current ROC (Joel Greenblatt) % of 67.00% is 215% 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 Elad Software Systems and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elad Software Systems's current ROC (Joel Greenblatt) % is 67.00%, which is 21% below median its own 10-year median of 84.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elad Software Systems stock overvalued right now?
Elad Software Systems (XTAE:ELAD) has a current ROC (Joel Greenblatt) % of 67.00%. The current ROC (Joel Greenblatt) % is 67.00%, which is 21% below median its 10-year median of 84.94 and 215% above the Software industry median of 21.27. Elad Software Systems' overall GF Score™ is 16/100. 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 Elad Software Systems (XTAE:ELAD), the current ROC (Joel Greenblatt) % is 67.00% as of Jun. 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.
Elad Software Systems specializes in managing and executing end-to-end projects and offers business solutions for strengthening communication with clients through three different channels: Data, CRM, and Digital. Its Data helps managers overcome complex business challenges by implementing data-based management and control tools using various technologies. Its CRM has long-term relationships with its clients and is a partner in the three multinational platforms: Salesforce, Dynamic 365, and Pega, as well as in the automation and integration company. Elad Digital is Israel's customer engagement company, helping businesses achieve its business needs and strengthen relationships with its clients by offering a range of end-to-end solutions.
16GF Score
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