PlaySide Studios (ASX:PLY) ROC (Joel Greenblatt) %: 586.41% (As of Dec. 2025)


ASX:PLY PlaySide Studios Ltd ASX:PLY
34 GF Score
Price A$0.12
GF Value A$0.45
Valuation Possible Value Trap
! 3 Warning Signs
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What is PlaySide Studios ROC (Joel Greenblatt) %?

PlaySide Studios ASX:PLY -4.17% 34 ROC (Joel Greenblatt) % is 586.41% as of Dec. 2025. GuruFocus rates ASX:PLY with a GF Score™ of 34/100 and a GF Value™ of A$0.45 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 549 Interactive Media companies, PlaySide Studios ranks better than 57.38% 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. PlaySide Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 586.41%.

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

ASX:PLY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -426.05   Med: -227.57   Max: 258.77
Current: 45.15

During the past 6 years, PlaySide Studios's highest ROC (Joel Greenblatt) % was 258.77%. The lowest was -426.05%. And the median was -227.57%.

ASX:PLY's ROC (Joel Greenblatt) % is ranked better than
57.38% of 549 companies
in the Interactive Media industry
Industry Median: 20.1 vs ASX:PLY: 45.15

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


PlaySide Studios  (ASX:PLY) 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.


PlaySide Studios ROC (Joel Greenblatt) % Related Terms


PlaySide Studios ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PlaySide Studios'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.

PlaySide Studios ROC (Joel Greenblatt) % Chart

PlaySide Studios Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -426.05 197.18 -227.57 258.77 -354.35

PlaySide Studios Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 513.66 2.50 -329.17 -357.60 586.41

ASX:PLY vs NTES, EA, TTWO: ROC (Joel Greenblatt) % Comparison

For the Electronic Gaming & Multimedia subindustry, PlaySide Studios'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.


PlaySide Studios ROC (Joel Greenblatt) % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PlaySide Studios's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PlaySide Studios's ROC (Joel Greenblatt) % falls into.


ASX:PLY
34GF Score
PlaySide Studios Ltd ASX:PLY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PlaySide Studios 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)
=(4.224 + 0 + 2.735) - (9.123 + 1.064 + 2.153)
=-5.381

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.032 + 0 + 2.229) - (10.592 + 1.035 + 2)
=-0.366

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PlaySide Studios 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 )
=15.748/( ( (3.272 + max(-5.381, 0)) + (2.099 + max(-0.366, 0)) )/ 2 )
=15.748/( ( 3.272 + 2.099 )/ 2 )
=15.748/2.6855
=586.41 %

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 586.41% mean?
PlaySide Studios (ASX:PLY) has a ROC (Joel Greenblatt) % of 586.41% 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 PlaySide Studios and its competitors. According to the industry distribution chart, PlaySide Studios ranks #234 out of 549 companies in the Interactive Media industry, placing it in the top 42.6%.
Is PlaySide Studios' ROC (Joel Greenblatt) % too high?
PlaySide Studios' current ROC (Joel Greenblatt) % is 586.41%. The Interactive Media industry median ROC (Joel Greenblatt) % is 20.10. PlaySide Studios' value of 586.41% is 2817.5% above this industry median. Based on the distribution chart, PlaySide Studios ranks #234 out of 549 companies in the Interactive Media industry, which is above the industry midpoint. Overall, PlaySide Studios has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PlaySide Studios' ROC (Joel Greenblatt) % compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlaySide Studios ranks #234 out of 549 companies for ROC (Joel Greenblatt) %. This puts PlaySide Studios in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.10. PlaySide Studios' value of 586.41% is 2817.5% above this benchmark. 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 Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 20.10, based on 549 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. PlaySide Studios's current ROC (Joel Greenblatt) % of 586.41% is 2817.5% 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 PlaySide Studios and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 20.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlaySide Studios's current ROC (Joel Greenblatt) % is 586.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlaySide Studios stock overvalued right now?
Based on GuruFocus' analysis, PlaySide Studios (ASX:PLY) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.45, compared to a current price of A$0.12 — trading 74.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 586.41% and 2817.5% above the Interactive Media industry median of 20.10. PlaySide Studios' overall GF Score™ is 34/100 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 PlaySide Studios (ASX:PLY), the current ROC (Joel Greenblatt) % is 586.41% 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 PlaySide Studios (ASX:PLY) Overvalued in 2026?

Based on GuruFocus' analysis, PlaySide Studios stock appears to be undervalued. The current stock price of A$0.12 is trading 74.4% below its estimated GF Value™ of A$0.45. GuruFocus considers PlaySide Studios to be Possible Value Trap.

Key valuation signals for ASX:PLY:

  • ROC (Joel Greenblatt) %: 586.41%
  • GF Value™: A$0.45 vs. price of A$0.12 (74.4% below fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 2817.5% above the Interactive Media median (#234 of 549)

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


PlaySide Studios Business Description

Other Exchanges QJ9:Germany
Address 75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207
PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR), and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb Ways to Dash, and many others. The company has one reportable segment, the development and monetization of mobile, PC, and console video games.
34GF Score

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

A$0.12
Price
A$0.45
GF Value