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. Brockhaus Technologies AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.20%.
The historical rank and industry rank for Brockhaus Technologies AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XTER:BKHT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -162.37 Med: -12.32 Max: 94.38
Current: -23.3
During the past 7 years, Brockhaus Technologies AG's highest ROC (Joel Greenblatt) % was 94.38%. The lowest was -162.37%. And the median was -12.32%.
XTER:BKHT's ROC (Joel Greenblatt) % is ranked worse than 84.97% of 2489
companies
in the Hardware industry
Industry Median: 10.36
vs XTER:BKHT: -23.30
Brockhaus Technologies AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Brockhaus Technologies AG (XTER:BKHT) 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.
Brockhaus Technologies AG ROC (Joel Greenblatt) % Related Terms
Brockhaus Technologies AG ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Brockhaus Technologies 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.
Brockhaus Technologies AG ROC (Joel Greenblatt) % Chart
XTER:BKHT vs SNDK, DELL, STX: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Brockhaus Technologies 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.
Brockhaus Technologies AG ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Brockhaus Technologies AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Brockhaus Technologies AG's ROC (Joel Greenblatt) % falls into.
Brockhaus Technologies 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:
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 -7.20% mean?
Brockhaus Technologies AG (XTER:BKHT) has a ROC (Joel Greenblatt) % of -7.20% 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 Brockhaus Technologies AG and its competitors. According to the industry distribution chart, Brockhaus Technologies AG ranks #2115 out of 2489 companies in the Hardware industry, placing it in the top 85%.
Is Brockhaus Technologies AG's ROC (Joel Greenblatt) % too high?
Brockhaus Technologies AG's current ROC (Joel Greenblatt) % is -7.20%. Based on the distribution chart, Brockhaus Technologies AG ranks #2115 out of 2489 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Brockhaus Technologies AG has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brockhaus Technologies AG's ROC (Joel Greenblatt) % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Brockhaus Technologies AG ranks #2115 out of 2489 companies for ROC (Joel Greenblatt) %. This places Brockhaus Technologies AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.36. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.36, based on 2,489 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. 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 Brockhaus Technologies AG and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brockhaus Technologies AG's current ROC (Joel Greenblatt) % is -7.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brockhaus Technologies AG stock overvalued right now?
Based on GuruFocus' analysis, Brockhaus Technologies AG (XTER:BKHT) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.14, compared to a current price of €20.60 — trading 397.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is -7.20%. Brockhaus Technologies AG's overall GF Score™ is 54/100 with 2 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 Brockhaus Technologies AG (XTER:BKHT), the current ROC (Joel Greenblatt) % is -7.20% 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 Brockhaus Technologies AG (XTER:BKHT) Overvalued in 2026?
Based on GuruFocus' analysis, Brockhaus Technologies AG stock appears to be overvalued.
The current stock price of €20.60 is trading 397.6% above its estimated GF Value™ of €4.14.
GuruFocus considers Brockhaus Technologies AG to be Significantly Overvalued.
Key valuation signals for XTER:BKHT:
ROC (Joel Greenblatt) %: -7.20%
GF Value™: €4.14 vs. price of €20.60 (397.6% above fair value)
No single metric tells the full story. See the XTER:BKHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brockhaus Technologies AG is a technology holding company engaged in acquiring high-margin, fast-growing technology companies. The firm provides active, strategic support to make them more valuable and more successful. It offers the companies its expertise and gives them access to its network across sectors and international borders. The company offers its investors an opportunity to participate in the growth of these acquired technology companies. Its business activities consist of its two operating segments of Security Technologies and Central Functions. The Security Technologies segment includes companies that develop, produce, and distribute KVM (keyboard, video, and mouse) technology for high-security, reduced-latency, and loss-free data transmission in mission-critical applications.
54GF Score
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