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.
Desane Group HoldingsASX:DGH 43 ROC (Joel Greenblatt) % is 52.30% as of Dec. 2025, which is 53% below its 10-year median of 112.19. GuruFocus rates ASX:DGH with a GF Score™ of 43/100 and a GF Value™ of A$0.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,749 Real Estate companies, Desane Group Holdings ranks better than 76.39% 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. Desane Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 52.30%.
The historical rank and industry rank for Desane Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:DGH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 29.59 Med: 112.19 Max: 3149.52
Current: 83.94
During the past 13 years, Desane Group Holdings's highest ROC (Joel Greenblatt) % was 3149.52%. The lowest was 29.59%. And the median was 112.19%.
ASX:DGH's ROC (Joel Greenblatt) % is ranked better than 76.39% of 1749
companies
in the Real Estate industry
Industry Median: 12.68
vs ASX:DGH: 83.94
Desane Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.80% per year.
Desane Group Holdings (ASX:DGH) 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.
Desane Group Holdings ROC (Joel Greenblatt) % Related Terms
Desane Group Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Desane Group Holdings'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.
Desane Group Holdings ROC (Joel Greenblatt) % Chart
ASX:DGH vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Desane Group Holdings'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.
Desane Group Holdings ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Desane Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Desane Group Holdings's ROC (Joel Greenblatt) % falls into.
Desane Group Holdings 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 52.30% mean?
Desane Group Holdings (ASX:DGH) has a ROC (Joel Greenblatt) % of 52.30% 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 Desane Group Holdings and its competitors. This is 53% below median its historical median of 112.19. Over the past decade, Desane Group Holdings' ROC (Joel Greenblatt) % has ranged from 29.59 to 3,149.52. According to the industry distribution chart, Desane Group Holdings ranks #413 out of 1749 companies in the Real Estate industry, placing it in the top 23.6%.
Is Desane Group Holdings' ROC (Joel Greenblatt) % too high?
Desane Group Holdings' current ROC (Joel Greenblatt) % of 52.30% is 53% below median its 10-year median of 112.19. Over the past 10 years, this metric has ranged from a low of 29.59 to a high of 3,149.52. The Real Estate industry median ROC (Joel Greenblatt) % is 12.68. Desane Group Holdings' value of 52.30% is 312.5% above this industry median. Based on the distribution chart, Desane Group Holdings ranks #413 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Desane Group Holdings has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Desane Group Holdings' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Desane Group Holdings ranks #413 out of 1749 companies for ROC (Joel Greenblatt) %. This places Desane Group Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.68. Desane Group Holdings' value of 52.30% is 312.5% above this benchmark. Historically, Desane Group Holdings' own ROC (Joel Greenblatt) % has ranged from 29.59 to 3,149.52 over the past decade. While the company's 10-year median is 112.19 vs. the industry median of 12.68, Desane Group Holdings 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.68, based on 1,749 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. Desane Group Holdings's current ROC (Joel Greenblatt) % of 52.30% is 312.5% 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 Desane Group Holdings and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desane Group Holdings's current ROC (Joel Greenblatt) % is 52.30%, which is 53% below median its own 10-year median of 112.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desane Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Desane Group Holdings (ASX:DGH) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.93, compared to a current price of A$0.80 — trading 14% below its estimated fair value. The current ROC (Joel Greenblatt) % is 52.30%, which is 53% below median its 10-year median of 112.19 and 312.5% above the Real Estate industry median of 12.68. Desane Group Holdings' overall GF Score™ is 43/100 with 5 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 Desane Group Holdings (ASX:DGH), the current ROC (Joel Greenblatt) % is 52.30% 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 Desane Group Holdings (ASX:DGH) Overvalued in 2026?
Based on GuruFocus' analysis, Desane Group Holdings stock appears to be undervalued.
The current stock price of A$0.80 is trading 14% below its estimated GF Value™ of A$0.93.
GuruFocus considers Desane Group Holdings to be Modestly Undervalued.
Key valuation signals for ASX:DGH:
ROC (Joel Greenblatt) %: 52.30% (53% below median its 10-year median of 112.19)
GF Value™: A$0.93 vs. price of A$0.80 (14% below fair value)
Industry Position: 312.5% above the Real Estate median (#413 of 1749)
No single metric tells the full story. See the ASX:DGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Desane Group Holdings Ltd operates in the real estate industry. The company's operating segments include Property Investment, Property Development, Property Project Management and Resale, Property Services, and Others. The company generates maximum revenue from the Property Investment segment, which includes rental income from prime real estate investments. Geographically, it operates only in New South Wales Australia.
43GF Score
Get the complete analysis for ASX:DGH
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
ASX:DGH has been successfully added to your 
