Zedge (ZDGE) ROC (Joel Greenblatt) %: 348.98% (As of Apr. 2026)

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ZDGE Zedge Inc ZDGE
74 GF Score
Price $2.99
GF Value $3.06
Valuation Fairly Valued
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What is Zedge ROC (Joel Greenblatt) %?

Zedge ZDGE +0.67% 74 ROC (Joel Greenblatt) % is 348.98% as of Apr. 2026. GuruFocus rates ZDGE with a GF Score™ of 74/100 and a GF Value™ of $3.06 (Fairly Valued). Among 549 Interactive Media companies, Zedge ranks better than 78.14% 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. Zedge's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 348.98%.

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

ZDGE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -77.75   Med: -10.04   Max: 432.8
Current: 207.93

During the past 12 years, Zedge's highest ROC (Joel Greenblatt) % was 432.80%. The lowest was -77.75%. And the median was -10.04%.

ZDGE's ROC (Joel Greenblatt) % is ranked better than
78.14% of 549 companies
in the Interactive Media industry
Industry Median: 16.47 vs ZDGE: 207.93

Zedge's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Zedge  (AMEX:ZDGE) 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.


Zedge ROC (Joel Greenblatt) % Related Terms


Zedge ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Zedge'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.

Zedge ROC (Joel Greenblatt) % Chart

Zedge Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 341.94 432.80 -6.60 6.81 -43.33

Zedge Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 231.40 -45.81 274.17 251.78 348.98

ZDGE vs SJ, AREN, MNY: ROC (Joel Greenblatt) % Comparison

For the Internet Content & Information subindustry, Zedge'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.


Zedge ROC (Joel Greenblatt) % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ZDGE
74GF Score
Zedge Inc ZDGE
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zedge 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.765 + 0 + 0) - (2.969 + 3.994 + 0.546)
=-3.744

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.908 + 0 + 0.799) - (2.655 + 4.159 + 0.587)
=-2.694

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Zedge for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.296/( ( (1.238 + max(-3.744, 0)) + (1.224 + max(-2.694, 0)) )/ 2 )
=4.296/( ( 1.238 + 1.224 )/ 2 )
=4.296/1.231
=348.98 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 348.98% mean?
Zedge (ZDGE) has a ROC (Joel Greenblatt) % of 348.98% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Zedge and its competitors. According to the industry distribution chart, Zedge ranks #120 out of 549 companies in the Interactive Media industry, placing it in the top 21.9%.
Is Zedge's ROC (Joel Greenblatt) % too high?
Zedge's current ROC (Joel Greenblatt) % is 348.98%. The Interactive Media industry median ROC (Joel Greenblatt) % is 16.47. Zedge's value of 348.98% is 2018.9% above this industry median. Based on the distribution chart, Zedge ranks #120 out of 549 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Zedge has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zedge's ROC (Joel Greenblatt) % compare to SJ and AREN?
According to the Interactive Media industry distribution chart, Zedge ranks #120 out of 549 companies for ROC (Joel Greenblatt) %. This places Zedge in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 16.47. Zedge's value of 348.98% is 2018.9% above this benchmark. 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 an Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 16.47, based on 549 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. Zedge's current ROC (Joel Greenblatt) % of 348.98% is 2018.9% 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 Zedge and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 16.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedge's current ROC (Joel Greenblatt) % is 348.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedge stock overvalued right now?
Based on GuruFocus' analysis, Zedge (ZDGE) is currently considered Fairly Valued. The stock's GF Value™ is $3.06, compared to a current price of $2.99 — trading 2.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 348.98% and 2018.9% above the Interactive Media industry median of 16.47. Zedge's overall GF Score™ is 74/100. 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 Zedge (ZDGE), the current ROC (Joel Greenblatt) % is 348.98% as of Apr. 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 Zedge (ZDGE) Overvalued in 2026?

Based on GuruFocus' analysis, Zedge stock appears to be undervalued. The current stock price of $2.99 is trading 2.3% below its estimated GF Value™ of $3.06. GuruFocus considers Zedge to be Fairly Valued.

Key valuation signals for ZDGE:

  • ROC (Joel Greenblatt) %: 348.98%
  • GF Value™: $3.06 vs. price of $2.99 (2.3% below fair value)
  • GF Score™: 74/100
  • Industry Position: 2018.9% above the Interactive Media median (#120 of 549)

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


Zedge Business Description

Other Exchanges 34Z:Germany
Address 1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc builds digital marketplaces and competitive games centered on content that people use for self-expression. Its products include the Zedge App, a freemium digital content marketplace offering mobile wallpapers, video wallpapers, ringtones, and notification sounds, along with pAInt, a generative AI wallpaper and ringtone maker, GuruShots, a skill-based photo challenge game, and Emojipedia, a trusted source for emoji information. The Zedge App is available on Google Play and the App Store. The company operates two segments: Zedge Marketplace and GuruShots, with the majority of revenue generated from the Zedge Marketplace.
74GF Score

Get the complete analysis for ZDGE

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

$2.99
Price
$3.06
GF Value