oOh mediaASX:OML -1.01%82 ROC (Joel Greenblatt) % is 8.80% as of Dec. 2025, which is 19% above its 10-year median of 7.37. GuruFocus rates ASX:OML with a GF Score™ of 82/100 and a GF Value™ of A$1.67 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,018 Media - Diversified companies, oOh media ranks worse than 55.3% 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. oOh media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.80%.
The historical rank and industry rank for oOh media's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:OML'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.38 Med: 7.37 Max: 41.33
Current: 4.61
During the past 12 years, oOh media's highest ROC (Joel Greenblatt) % was 41.33%. The lowest was 1.38%. And the median was 7.37%.
ASX:OML's ROC (Joel Greenblatt) % is ranked worse than 55.3% of 1018
companies
in the Media - Diversified industry
Industry Median: 9.685
vs ASX:OML: 4.61
oOh media's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.70% per year.
oOh media (ASX:OML) 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.
The historical data trend for oOh media'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.
ASX:OML vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison
For the Advertising Agencies subindustry, oOh media'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.
oOh media ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, oOh media's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where oOh media's ROC (Joel Greenblatt) % falls into.
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 8.80% mean?
oOh media (ASX:OML) has a ROC (Joel Greenblatt) % of 8.80% 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 oOh media and its competitors. This is 19% above median its historical median of 7.37. Over the past decade, oOh media's ROC (Joel Greenblatt) % has ranged from 1.38 to 41.33. According to the industry distribution chart, oOh media ranks #563 out of 1018 companies in the Media - Diversified industry, placing it in the top 55.3%.
Is oOh media's ROC (Joel Greenblatt) % too high?
oOh media's current ROC (Joel Greenblatt) % of 8.80% is 19% above median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 41.33. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.69. oOh media's value of 8.80% is 9.1% below this industry median. Based on the distribution chart, oOh media ranks #563 out of 1018 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, oOh media has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does oOh media's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, oOh media ranks #563 out of 1018 companies for ROC (Joel Greenblatt) %. This places oOh media in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.69. oOh media's value of 8.80% is 9.1% below this benchmark. Historically, oOh media's own ROC (Joel Greenblatt) % has ranged from 1.38 to 41.33 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 9.69, oOh media 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 a Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.69, based on 1,018 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. oOh media's current ROC (Joel Greenblatt) % of 8.80% is 9.1% 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 oOh media and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. oOh media's current ROC (Joel Greenblatt) % is 8.80%, which is 19% above median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is oOh media stock overvalued right now?
Based on GuruFocus' analysis, oOh media (ASX:OML) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.67, compared to a current price of A$1.48 — trading 11.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.80%, which is 19% above median its 10-year median of 7.37 and 9.1% below the Media - Diversified industry median of 9.69. oOh media's overall GF Score™ is 82/100 with 7 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 oOh media (ASX:OML), the current ROC (Joel Greenblatt) % is 8.80% 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 oOh media (ASX:OML) Overvalued in 2026?
Based on GuruFocus' analysis, oOh media stock appears to be undervalued.
The current stock price of A$1.48 is trading 11.7% below its estimated GF Value™ of A$1.67.
GuruFocus considers oOh media to be Modestly Undervalued.
Key valuation signals for ASX:OML:
ROC (Joel Greenblatt) %: 8.80% (19% above median its 10-year median of 7.37)
GF Value™: A$1.67 vs. price of A$1.48 (11.7% below fair value)
Industry Position: 9.1% below the Media - Diversified median (#563 of 1018)
No single metric tells the full story. See the ASX:OML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OOh media operates a network of out-of-home advertising sites with a commanding 35% share of the Australian market, and also has a sizable presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of out-of-home marketers, and is particularly strong in the roadside billboard, street furniture and rail, and retail (shopping malls) segments. OOh!media offers these advertising services by entering into space lease arrangements with owners of out-of-home sites, and extracting margins on those lease concessions from firms advertising on those sites. oOh!media is effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas.
82GF Score
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