National Australia Bank (ASX:NAB) ROC (Joel Greenblatt) %: % (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:NAB National Australia Bank Ltd ASX:NAB
65 GF Score
Price A$39.71
GF Value A$42.29
Valuation Fairly Valued
! 3 Warning Signs
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What is National Australia Bank ROC (Joel Greenblatt) %?

National Australia Bank ASX:NAB -0.85% 65 ROC (Joel Greenblatt) % is % as of Mar. 2026. GuruFocus rates ASX:NAB with a GF Score™ of 65/100 and a GF Value™ of A$42.29 (Fairly Valued). The stock has 3 warning signs investors should review. Among 46 Banks companies, National Australia Bank ranks worse than 2173910.87% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

ASX:NAB
65GF Score
National Australia Bank Ltd ASX:NAB
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a ROC (Joel Greenblatt) % of % mean?
National Australia Bank (ASX:NAB) has a ROC (Joel Greenblatt) % of % 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 National Australia Bank and its competitors. According to the industry distribution chart, National Australia Bank ranks #999999 out of 46 companies in the Banks industry.
Is National Australia Bank's ROC (Joel Greenblatt) % too high?
National Australia Bank's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, National Australia Bank ranks #999999 out of 46 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, National Australia Bank has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Australia Bank's ROC (Joel Greenblatt) % compare to JPM and BAC?
According to the Banks industry distribution chart, National Australia Bank ranks #999999 out of 46 companies for ROC (Joel Greenblatt) %. This places National Australia Bank in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.39. 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 Banks company?
The median ROC (Joel Greenblatt) % among Banks companies is 63.39, based on 46 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 National Australia Bank and its competitors. For the Banks industry, the median ROC (Joel Greenblatt) % is 63.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Australia Bank's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Australia Bank stock overvalued right now?
Based on GuruFocus' analysis, National Australia Bank (ASX:NAB) is currently considered Fairly Valued. The stock's GF Value™ is A$42.29, compared to a current price of A$39.71 — trading 6.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. National Australia Bank's overall GF Score™ is 65/100 with 3 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 National Australia Bank (ASX:NAB), the current ROC (Joel Greenblatt) % is % 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 National Australia Bank (ASX:NAB) Overvalued in 2026?

Based on GuruFocus' analysis, National Australia Bank stock appears to be undervalued. The current stock price of A$39.71 is trading 6.1% below its estimated GF Value™ of A$42.29. GuruFocus considers National Australia Bank to be Fairly Valued.

Key valuation signals for ASX:NAB:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: A$42.29 vs. price of A$39.71 (6.1% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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

National Australia Bank Business Description

Address 395 Bourke Street, Level 28, Melbourne, VIC, AUS, 3000
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the second-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.
65GF Score

Get the complete analysis for ASX:NAB

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

A$39.71
Price
A$42.29
GF Value