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ad pepper media International NVXTER:APM 69 ROC (Joel Greenblatt) % is 123.71% as of Mar. 2026, which is 33% below its 10-year median of 185.54. GuruFocus rates XTER:APM with a GF Score™ of 69/100 and a GF Value™ of €2.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,016 Media - Diversified companies, ad pepper media International NV ranks better than 90.06% 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. ad pepper media International NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 123.71%.
The historical rank and industry rank for ad pepper media International NV's ROC (Joel Greenblatt) % or its related term are showing as below:
XTER:APM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.28 Med: 185.54 Max: 934.81
Current: 139.28
During the past 13 years, ad pepper media International NV's highest ROC (Joel Greenblatt) % was 934.81%. The lowest was -40.28%. And the median was 185.54%.
XTER:APM's ROC (Joel Greenblatt) % is ranked better than 90.06% of 1016
companies
in the Media - Diversified industry
Industry Median: 9.83
vs XTER:APM: 139.28
ad pepper media International NV (XTER:APM) 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.
* 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.
ad pepper media International NV ROC (Joel Greenblatt) % Chart
XTER:APM vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison
For the Advertising Agencies subindustry, ad pepper media International NV'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.
ad pepper media International NV ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, ad pepper media International NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ad pepper media International NV's ROC (Joel Greenblatt) % falls into.
ad pepper media International NV 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 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 123.71% mean?
ad pepper media International NV (XTER:APM) has a ROC (Joel Greenblatt) % of 123.71% 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 ad pepper media International NV and its competitors. This is 33% below median its historical median of 185.54. According to the industry distribution chart, ad pepper media International NV ranks #101 out of 1016 companies in the Media - Diversified industry, placing it in the top 9.9%.
Is ad pepper media International NV's ROC (Joel Greenblatt) % too high?
ad pepper media International NV's current ROC (Joel Greenblatt) % of 123.71% is 33% below median its 10-year median of 185.54. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.83. ad pepper media International NV's value of 123.71% is 1158.5% above this industry median. Based on the distribution chart, ad pepper media International NV ranks #101 out of 1016 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, ad pepper media International NV has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ad pepper media International NV's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, ad pepper media International NV ranks #101 out of 1016 companies for ROC (Joel Greenblatt) %. This places ad pepper media International NV in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.83. ad pepper media International NV's value of 123.71% is 1158.5% above this benchmark. While the company's 10-year median is 185.54 vs. the industry median of 9.83, ad pepper media International NV 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 9.83, based on 1,016 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. ad pepper media International NV's current ROC (Joel Greenblatt) % of 123.71% is 1158.5% 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 ad pepper media International NV and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ad pepper media International NV's current ROC (Joel Greenblatt) % is 123.71%, which is 33% below median its own 10-year median of 185.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ad pepper media International NV stock overvalued right now?
Based on GuruFocus' analysis, ad pepper media International NV (XTER:APM) is currently considered Fairly Valued. The stock's GF Value™ is €2.43, compared to a current price of €2.66 — trading 9.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 123.71%, which is 33% below median its 10-year median of 185.54 and 1158.5% above the Media - Diversified industry median of 9.83. ad pepper media International NV's overall GF Score™ is 69/100 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 ad pepper media International NV (XTER:APM), the current ROC (Joel Greenblatt) % is 123.71% 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 ad pepper media International NV (XTER:APM) Overvalued in 2026?
Based on GuruFocus' analysis, ad pepper media International NV stock appears to be overvalued.
The current stock price of €2.66 is trading 9.5% above its estimated GF Value™ of €2.43.
GuruFocus considers ad pepper media International NV to be Fairly Valued.
Key valuation signals for XTER:APM:
ROC (Joel Greenblatt) %: 123.71% (33% below median its 10-year median of 185.54)
GF Value™: €2.43 vs. price of €2.66 (9.5% above fair value)
Industry Position: 1158.5% above the Media - Diversified median (#101 of 1016)
No single metric tells the full story. See the XTER:APM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ad pepper media International NV is in the business of advertising and marketing sector. The company's segment includes Ad pepper media, Ad Agents, and Webgains. The ad pepper media segment specializes in lead generation. The ad agents segment design, control and optimize results-oriented marketing and sales solutions in all digital channels. In addition, it also specializes in search engine marketing, search engine optimization, affiliate management, social media advertising, and performance display and product data management. The web gains segment offers solutions to all of its affiliate management. The company operates in geographical areas which include the United Kingdom, Netherlands, Germany, Spain, the USA, and others.
69GF Score
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