Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AMTD IDEA GroupAMTD -1.95%42 ROC (Joel Greenblatt) % is 2.53% as of Dec. 2025, which is 98% below its 10-year median of 132.19. GuruFocus rates AMTD with a GF Score™ of 42/100 and a GF Value™ of $0.55 (Fairly Valued). The stock has 10 warning signs investors should review. Among 629 Asset Management companies, AMTD IDEA Group ranks worse than 57.23% 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. AMTD IDEA Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.53%.
The historical rank and industry rank for AMTD IDEA Group's ROC (Joel Greenblatt) % or its related term are showing as below:
AMTD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.41 Med: 132.19 Max: 214116.83
Current: 25.41
During the past 10 years, AMTD IDEA Group's highest ROC (Joel Greenblatt) % was 214116.83%. The lowest was 25.41%. And the median was 132.19%.
AMTD's ROC (Joel Greenblatt) % is ranked worse than 57.23% of 629
companies
in the Asset Management industry
Industry Median: 62.71
vs AMTD: 25.41
AMTD IDEA Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.50% per year.
AMTD IDEA Group (NYSE:AMTD) 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.
AMTD IDEA Group ROC (Joel Greenblatt) % Related Terms
AMTD IDEA Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for AMTD IDEA Group'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.
AMTD vs GAM, CET, TRIN: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, AMTD IDEA Group'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.
AMTD IDEA Group ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AMTD IDEA Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AMTD IDEA Group's ROC (Joel Greenblatt) % falls into.
AMTD IDEA Group 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 (Dec. 2025) 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 2.53% mean?
AMTD IDEA Group (AMTD) has a ROC (Joel Greenblatt) % of 2.53% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on AMTD IDEA Group and its competitors. This is 98% below median its historical median of 132.19. Over the past decade, AMTD IDEA Group's ROC (Joel Greenblatt) % has ranged from 25.41 to 214,116.83. According to the industry distribution chart, AMTD IDEA Group ranks #360 out of 629 companies in the Asset Management industry, placing it in the top 57.2%.
Is AMTD IDEA Group's ROC (Joel Greenblatt) % too high?
AMTD IDEA Group's current ROC (Joel Greenblatt) % of 2.53% is 98% below median its 10-year median of 132.19. Over the past 10 years, this metric has ranged from a low of 25.41 to a high of 214,116.83. The Asset Management industry median ROC (Joel Greenblatt) % is 62.71. AMTD IDEA Group's value of 2.53% is 96% below this industry median. Based on the distribution chart, AMTD IDEA Group ranks #360 out of 629 companies in the Asset Management industry, which is below the industry midpoint. Overall, AMTD IDEA Group has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AMTD IDEA Group's ROC (Joel Greenblatt) % compare to GAM and CET?
According to the Asset Management industry distribution chart, AMTD IDEA Group ranks #360 out of 629 companies for ROC (Joel Greenblatt) %. This places AMTD IDEA Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 62.71. AMTD IDEA Group's value of 2.53% is 96% below this benchmark. Historically, AMTD IDEA Group's own ROC (Joel Greenblatt) % has ranged from 25.41 to 214,116.83 over the past decade. While the company's 10-year median is 132.19 vs. the industry median of 62.71, AMTD IDEA Group has consistently been below 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.71, based on 629 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. AMTD IDEA Group's current ROC (Joel Greenblatt) % of 2.53% is 96% below 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 AMTD IDEA Group and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMTD IDEA Group's current ROC (Joel Greenblatt) % is 2.53%, which is 98% below median its own 10-year median of 132.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMTD IDEA Group stock overvalued right now?
Based on GuruFocus' analysis, AMTD IDEA Group (AMTD) is currently considered Fairly Valued. The stock's GF Value™ is $0.55, compared to a current price of $0.75 — trading 36.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 2.53%, which is 98% below median its 10-year median of 132.19 and 96% below the Asset Management industry median of 62.71. AMTD IDEA Group's overall GF Score™ is 42/100 with 10 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 AMTD IDEA Group (AMTD), the current ROC (Joel Greenblatt) % is 2.53% as of Dec. 2025. 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 AMTD IDEA Group (AMTD) Overvalued in 2026?
Based on GuruFocus' analysis, AMTD IDEA Group stock appears to be overvalued.
The current stock price of $0.75 is trading 36.8% above its estimated GF Value™ of $0.55.
GuruFocus considers AMTD IDEA Group to be Fairly Valued.
Key valuation signals for AMTD:
ROC (Joel Greenblatt) %: 2.53% (98% below median its 10-year median of 132.19)
GF Value™: $0.55 vs. price of $0.75 (36.8% above fair value)
Industry Position: 96% below the Asset Management median (#360 of 629)
No single metric tells the full story. See the AMTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AMTD IDEA Group is a diversified institution and digital solutions conglomerate group, connecting companies and investors with world-wide markets. The group operates its businesses in five reportable and operating segments: capital market solutions segment, digital solutions and other services segment, media and entertainment segment, hotel operations, hospitality and VIP services segment, and strategic investment segment. The group generates the majority of its revenue from the strategic investment segment that engages in proprietary investments and management of world-wide investment portfolio (including listed and unlisted equity shares investments and movie rights investments). Its geographic areas are China, Europe, America, and Southeast Asia.
42GF Score
Get the complete analysis for AMTD
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AMTD has been successfully added to your 
