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. Sports Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 56.80%.
The historical rank and industry rank for Sports Entertainment Group's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:SEG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -428.44 Med: -14.16 Max: 78.35
Current: 14.01
During the past 13 years, Sports Entertainment Group's highest ROC (Joel Greenblatt) % was 78.35%. The lowest was -428.44%. And the median was -14.16%.
ASX:SEG's ROC (Joel Greenblatt) % is ranked better than 55.16% of 1017
companies
in the Media - Diversified industry
Industry Median: 9.36
vs ASX:SEG: 14.01
Sports Entertainment Group (ASX:SEG) 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.
* 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.
Sports Entertainment Group ROC (Joel Greenblatt) % Chart
ASX:SEG vs NXST: ROC (Joel Greenblatt) % Comparison
For the Broadcasting subindustry, Sports Entertainment Group'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.
Sports Entertainment Group ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sports Entertainment Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sports Entertainment Group's ROC (Joel Greenblatt) % falls into.
Sports Entertainment Group 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 56.80% mean?
Sports Entertainment Group (ASX:SEG) has a ROC (Joel Greenblatt) % of 56.80% 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 Sports Entertainment Group and its competitors. According to the industry distribution chart, Sports Entertainment Group ranks #456 out of 1017 companies in the Media - Diversified industry, placing it in the top 44.8%.
Is Sports Entertainment Group's ROC (Joel Greenblatt) % too high?
Sports Entertainment Group's current ROC (Joel Greenblatt) % is 56.80%. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.36. Sports Entertainment Group's value of 56.80% is 506.8% above this industry median. Based on the distribution chart, Sports Entertainment Group ranks #456 out of 1017 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Sports Entertainment Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sports Entertainment Group's ROC (Joel Greenblatt) % compare to NXST?
According to the Media - Diversified industry distribution chart, Sports Entertainment Group ranks #456 out of 1017 companies for ROC (Joel Greenblatt) %. This puts Sports Entertainment Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.36. Sports Entertainment Group's value of 56.80% is 506.8% 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 a Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.36, based on 1,017 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. Sports Entertainment Group's current ROC (Joel Greenblatt) % of 56.80% is 506.8% 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 Sports Entertainment Group and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sports Entertainment Group's current ROC (Joel Greenblatt) % is 56.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sports Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Sports Entertainment Group (ASX:SEG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.24, compared to a current price of A$0.35 — trading 43.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 56.80% and 506.8% above the Media - Diversified industry median of 9.36. Sports Entertainment Group's overall GF Score™ is 64/100 with 10 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 Sports Entertainment Group (ASX:SEG), the current ROC (Joel Greenblatt) % is 56.80% 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 Sports Entertainment Group (ASX:SEG) Overvalued in 2026?
Based on GuruFocus' analysis, Sports Entertainment Group stock appears to be overvalued.
The current stock price of A$0.35 is trading 43.8% above its estimated GF Value™ of A$0.24.
GuruFocus considers Sports Entertainment Group to be Significantly Overvalued.
Key valuation signals for ASX:SEG:
ROC (Joel Greenblatt) %: 56.80%
GF Value™: A$0.24 vs. price of A$0.35 (43.8% above fair value)
Industry Position: 506.8% above the Media - Diversified median (#456 of 1017)
No single metric tells the full story. See the ASX:SEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sports Entertainment Group Ltd is a multi-platform content and entertainment group with interests in broadcasting, publishing, and other digital assets. The company delivers brand stories to national, metropolitan, and regional audiences via multiple platforms, including radio, print, television, and other events.
64GF Score
Get the complete analysis for ASX:SEG
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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