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. Boyaa Interactive International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -96.00%.
The historical rank and industry rank for Boyaa Interactive International's ROC (Joel Greenblatt) % or its related term are showing as below:
BOYAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -38.06 Med: 156.54 Max: 604.38
Current: -22.06
During the past 13 years, Boyaa Interactive International's highest ROC (Joel Greenblatt) % was 604.38%. The lowest was -38.06%. And the median was 156.54%.
BOYAF's ROC (Joel Greenblatt) % is ranked worse than 65.27% of 550
companies
in the Interactive Media industry
Industry Median: 19.1
vs BOYAF: -22.06
Boyaa Interactive International (OTCPK:BOYAF) 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.
Boyaa Interactive International ROC (Joel Greenblatt) % Chart
BOYAF vs NTES, EA, TTWO: ROC (Joel Greenblatt) % Comparison
For the Electronic Gaming & Multimedia subindustry, Boyaa Interactive International'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.
Boyaa Interactive International ROC (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Boyaa Interactive International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Boyaa Interactive International's ROC (Joel Greenblatt) % falls into.
Boyaa Interactive International 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 four times the quarterly (Mar. 2026) 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 -96.00% mean?
Boyaa Interactive International (BOYAF) has a ROC (Joel Greenblatt) % of -96.00% 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 Boyaa Interactive International and its competitors. According to the industry distribution chart, Boyaa Interactive International ranks #359 out of 550 companies in the Interactive Media industry, placing it in the top 65.3%.
Is Boyaa Interactive International's ROC (Joel Greenblatt) % too high?
Boyaa Interactive International's current ROC (Joel Greenblatt) % is -96.00%. Based on the distribution chart, Boyaa Interactive International ranks #359 out of 550 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Boyaa Interactive International has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Boyaa Interactive International's ROC (Joel Greenblatt) % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Boyaa Interactive International ranks #359 out of 550 companies for ROC (Joel Greenblatt) %. This places Boyaa Interactive International in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.10. 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. 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 Boyaa Interactive International 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. Boyaa Interactive International's current ROC (Joel Greenblatt) % is -96.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boyaa Interactive International stock overvalued right now?
Boyaa Interactive International (BOYAF) has a current ROC (Joel Greenblatt) % of -96.00%. The stock's GF Value™ is $0.60, compared to a current price of $0.45 — trading 25% below its estimated fair value. The current ROC (Joel Greenblatt) % is -96.00%. Boyaa Interactive International's overall GF Score™ is 69/100 with 1 warning sign 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 Boyaa Interactive International (BOYAF), the current ROC (Joel Greenblatt) % is -96.00% 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 Boyaa Interactive International (BOYAF) Overvalued in 2026?
Based on GuruFocus' analysis, Boyaa Interactive International stock appears to be undervalued.
The current stock price of $0.45 is trading 25% below its estimated GF Value™ of $0.60.
Key valuation signals for BOYAF:
ROC (Joel Greenblatt) %: -96.00%
GF Value™: $0.60 vs. price of $0.45 (25% below fair value)
No single metric tells the full story. See the BOYAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boyaa Interactive International Business Description
Boyaa Interactive International Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the development and operation of online card and board games, and is committed to promoting and developing Web3 game-related business. The group's reportable segments are the Online game related business, the Web3 related business, and the Property investment business. A majority of its revenue is generated from the Online game related business segment, which is engaged in mobile and computer games development, operations, and related advisory services. Geographically, the group's operations are substantially located in Hong Kong.
69GF Score
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