Abacus Storage King (ASX:ASK) ROC (Joel Greenblatt) %: 527.83% (As of Dec. 2025) — 12% Above Median


ASX:ASK Abacus Storage King ASX:ASK
41 GF Score
Price A$1.35
GF Value A$1.53
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Abacus Storage King ROC (Joel Greenblatt) %?

Abacus Storage King ASX:ASK 41 ROC (Joel Greenblatt) % is 527.83% as of Dec. 2025, which is 12% above its 10-year median of 472.56. GuruFocus rates ASX:ASK with a GF Score™ of 41/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 587 REITs companies, Abacus Storage King ranks better than 75.98% 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. Abacus Storage King's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 527.83%.

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

ASX:ASK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 232.29   Med: 472.56   Max: 1014.21
Current: 1000.22

During the past 4 years, Abacus Storage King's highest ROC (Joel Greenblatt) % was 1014.21%. The lowest was 232.29%. And the median was 472.56%.

ASX:ASK's ROC (Joel Greenblatt) % is ranked better than
75.98% of 587 companies
in the REITs industry
Industry Median: 174.41 vs ASX:ASK: 1000.22

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


Abacus Storage King  (ASX:ASK) 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.


Abacus Storage King ROC (Joel Greenblatt) % Related Terms


Abacus Storage King ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Abacus Storage King'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.

Abacus Storage King ROC (Joel Greenblatt) % Chart

Abacus Storage King Annual Data
Trend Jun21 Jun22 Jun24 Jun25
ROC (Joel Greenblatt) %
232.29 331.39 613.73 1,014.21

Abacus Storage King Semi-Annual Data
Jun21 Jun22 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 98.41 933.91 554.31 1,475.06 527.83

ASX:ASK vs PLD, PSA, EXR: ROC (Joel Greenblatt) % Comparison

For the REIT - Industrial subindustry, Abacus Storage King'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.


Abacus Storage King ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Abacus Storage King's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ASX:ASK
41GF Score
Abacus Storage King ASX:ASK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abacus Storage King 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.428 + 0 + 10.679) - (88.252 + 0 + 6.314)
=-52.459

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.327 + 0 + 11.745) - (73.484 + 0 + 8.519)
=-30.931

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Abacus Storage King for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=173.804/( ( (32.875 + max(-52.459, 0)) + (32.981 + max(-30.931, 0)) )/ 2 )
=173.804/( ( 32.875 + 32.981 )/ 2 )
=173.804/32.928
=527.83 %

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 527.83% mean?
Abacus Storage King (ASX:ASK) has a ROC (Joel Greenblatt) % of 527.83% 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 Abacus Storage King and its competitors. This is 12% above median its historical median of 472.56. Over the past decade, Abacus Storage King's ROC (Joel Greenblatt) % has ranged from 232.29 to 1,014.21. According to the industry distribution chart, Abacus Storage King ranks #141 out of 587 companies in the REITs industry, placing it in the top 24%.
Is Abacus Storage King's ROC (Joel Greenblatt) % too high?
Abacus Storage King's current ROC (Joel Greenblatt) % of 527.83% is 12% above median its 10-year median of 472.56. Over the past 10 years, this metric has ranged from a low of 232.29 to a high of 1,014.21. The REITs industry median ROC (Joel Greenblatt) % is 174.41. Abacus Storage King's value of 527.83% is 202.6% above this industry median. Based on the distribution chart, Abacus Storage King ranks #141 out of 587 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Abacus Storage King has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abacus Storage King's ROC (Joel Greenblatt) % compare to PLD and PSA?
According to the REITs industry distribution chart, Abacus Storage King ranks #141 out of 587 companies for ROC (Joel Greenblatt) %. This places Abacus Storage King in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 174.41. Abacus Storage King's value of 527.83% is 202.6% above this benchmark. Historically, Abacus Storage King's own ROC (Joel Greenblatt) % has ranged from 232.29 to 1,014.21 over the past decade. While the company's 10-year median is 472.56 vs. the industry median of 174.41, Abacus Storage King 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 174.41, based on 587 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. Abacus Storage King's current ROC (Joel Greenblatt) % of 527.83% is 202.6% 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 Abacus Storage King and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 174.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abacus Storage King's current ROC (Joel Greenblatt) % is 527.83%, which is 12% above median its own 10-year median of 472.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abacus Storage King stock overvalued right now?
Based on GuruFocus' analysis, Abacus Storage King (ASX:ASK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.35 — trading 12.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 527.83%, which is 12% above median its 10-year median of 472.56 and 202.6% above the REITs industry median of 174.41. Abacus Storage King's overall GF Score™ is 41/100 with 4 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 Abacus Storage King (ASX:ASK), the current ROC (Joel Greenblatt) % is 527.83% 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 Abacus Storage King (ASX:ASK) Overvalued in 2026?

Based on GuruFocus' analysis, Abacus Storage King stock appears to be undervalued. The current stock price of A$1.35 is trading 12.1% below its estimated GF Value™ of A$1.53. GuruFocus considers Abacus Storage King to be Modestly Undervalued.

Key valuation signals for ASX:ASK:

  • ROC (Joel Greenblatt) %: 527.83% (12% above median its 10-year median of 472.56)
  • GF Value™: A$1.53 vs. price of A$1.35 (12.1% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 202.6% above the REITs median (#141 of 587)

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


Abacus Storage King Business Description

Industry Real EstateREITs
Address 77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
41GF Score

Get the complete analysis for ASX:ASK

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

A$1.35
Price
A$1.53
GF Value