StreamPlay Studio (ASX:SP8) ROC (Joel Greenblatt) %: 1,015.21% (As of Dec. 2025)


What is StreamPlay Studio ROC (Joel Greenblatt) %?

StreamPlay Studio ASX:SP8 ROC (Joel Greenblatt) % is 1,015.21% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 550 Interactive Media companies, StreamPlay Studio ranks better than 90.73% 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. StreamPlay Studio's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,015.21%.

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

ASX:SP8' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -141500   Med: -2383.33   Max: 10167.48
Current: 655.94

During the past 13 years, StreamPlay Studio's highest ROC (Joel Greenblatt) % was 10167.48%. The lowest was -141500.00%. And the median was -2383.33%.

ASX:SP8's ROC (Joel Greenblatt) % is ranked better than
90.73% of 550 companies
in the Interactive Media industry
Industry Median: 19.1 vs ASX:SP8: 655.94

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


StreamPlay Studio  (ASX:SP8) 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.


StreamPlay Studio ROC (Joel Greenblatt) % Related Terms


StreamPlay Studio ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for StreamPlay Studio'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.

StreamPlay Studio ROC (Joel Greenblatt) % Chart

StreamPlay Studio Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,494.44 10,167.48 -8,472.53 0.00 -1,142.41

StreamPlay Studio Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -247.21 -17.04 -7,050.00 53.82 1,015.21

ASX:SP8 vs NTES, EA, TTWO: ROC (Joel Greenblatt) % Comparison

For the Electronic Gaming & Multimedia subindustry, StreamPlay Studio'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.


StreamPlay Studio ROC (Joel Greenblatt) % vs Interactive Media Industry

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

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



StreamPlay Studio 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)
=(0.954 + 0 + 0.211) - (1.29 + 3.905 + -0.982)
=-3.048

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.386 + 0 + 0.147) - (1.662 + 1.169 + 1.84)
=-2.138

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of StreamPlay Studio 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 )
=1.802/( ( (0.201 + max(-3.048, 0)) + (0.154 + max(-2.138, 0)) )/ 2 )
=1.802/( ( 0.201 + 0.154 )/ 2 )
=1.802/0.1775
=1,015.21 %

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 1,015.21% mean?
StreamPlay Studio (ASX:SP8) has a ROC (Joel Greenblatt) % of 1,015.21% 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 StreamPlay Studio and its competitors. According to the industry distribution chart, StreamPlay Studio ranks #51 out of 550 companies in the Interactive Media industry, placing it in the top 9.3%.
Is StreamPlay Studio's ROC (Joel Greenblatt) % too high?
StreamPlay Studio's current ROC (Joel Greenblatt) % is 1,015.21%. The Interactive Media industry median ROC (Joel Greenblatt) % is 19.10. StreamPlay Studio's value of 1,015.21% is 5215.2% above this industry median. Based on the distribution chart, StreamPlay Studio ranks #51 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers.
How does StreamPlay Studio's ROC (Joel Greenblatt) % compare to NTES and EA?
According to the Interactive Media industry distribution chart, StreamPlay Studio ranks #51 out of 550 companies for ROC (Joel Greenblatt) %. This places StreamPlay Studio in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.10. StreamPlay Studio's value of 1,015.21% is 5215.2% 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 19.10, based on 550 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. StreamPlay Studio's current ROC (Joel Greenblatt) % of 1,015.21% is 5215.2% 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 StreamPlay Studio and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 19.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StreamPlay Studio's current ROC (Joel Greenblatt) % is 1,015.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StreamPlay Studio stock overvalued right now?
Based on GuruFocus' analysis, StreamPlay Studio (ASX:SP8) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.04, compared to a current price of A$0.01 — trading 80% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,015.21% and 5215.2% above the Interactive Media industry median of 19.10. 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 StreamPlay Studio (ASX:SP8), the current ROC (Joel Greenblatt) % is 1,015.21% 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.

StreamPlay Studio Business Description

Other Exchanges GIX0:Germany
Address 126 - 130 Philip Street, Level 5, Sydney, NSW, AUS, 2000
StreamPlay Studio Ltd is engaged in the acquisition and development of an online gaming platform. The company is engaged in the development of online eSport and gaming tournament platform technology branded ArcadeX. The firm's principal objective is to acquire several assets that provide an online gaming portal that allows users to engage in skill-based competitive gaming competitions in eSports, including peer-to-peer matches and tournaments.