BYLOF (Big Yellow Group) ROC (Joel Greenblatt) %: 530.25% (As of Mar. 2026) — 15% Below Median


BYLOF Big Yellow Group PLC BYLOF
74 GF Score
Price $12.36
GF Value $14.84
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Big Yellow Group ROC (Joel Greenblatt) %?

Big Yellow Group BYLOF +3.15% 74 ROC (Joel Greenblatt) % is 530.25% as of Mar. 2026, which is 15% below its 10-year median of 623.58. GuruFocus rates BYLOF with a GF Score™ of 74/100 and a GF Value™ of $14.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 587 REITs companies, Big Yellow Group ranks better than 70.53% 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. Big Yellow Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 530.25%.

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

BYLOF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 404.9   Med: 623.58   Max: 3255.62
Current: 661.98

During the past 13 years, Big Yellow Group's highest ROC (Joel Greenblatt) % was 3255.62%. The lowest was 404.90%. And the median was 623.58%.

BYLOF's ROC (Joel Greenblatt) % is ranked better than
70.53% of 587 companies
in the REITs industry
Industry Median: 174.41 vs BYLOF: 661.98

Big Yellow Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.40% per year.


Big Yellow Group  (OTCPK:BYLOF) 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.


Big Yellow Group ROC (Joel Greenblatt) % Related Terms


Big Yellow Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Big Yellow Group'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.

Big Yellow Group ROC (Joel Greenblatt) % Chart

Big Yellow Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,176.63 387.96 1,251.73 1,095.11 683.37

Big Yellow Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1,242.64 1,536.10 645.72 803.29 530.25

BYLOF vs PLD, PSA, EXR: ROC (Joel Greenblatt) % Comparison

For the REIT - Industrial subindustry, Big Yellow 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.


Big Yellow Group ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Big Yellow Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Big Yellow Group's ROC (Joel Greenblatt) % falls into.


BYLOF
74GF Score
Big Yellow Group PLC BYLOF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Big Yellow 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:

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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.855 + 0.523 + 0) - (32.508 + 0 + 42.717)
=-72.847

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.841 + 0.503 + -0.0010000000000012) - (28.035 + 0 + 42.392)
=-67.084

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Big Yellow Group for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=156.144/( ( (29.501 + max(-72.847, 0)) + (29.393 + max(-67.084, 0)) )/ 2 )
=156.144/( ( 29.501 + 29.393 )/ 2 )
=156.144/29.447
=530.25 %

Note: The EBIT data used here is two times the semi-annual (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 530.25% mean?
Big Yellow Group (BYLOF) has a ROC (Joel Greenblatt) % of 530.25% 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 Big Yellow Group and its competitors. This is 15% below median its historical median of 623.58. Over the past decade, Big Yellow Group's ROC (Joel Greenblatt) % has ranged from 404.90 to 3,255.62. According to the industry distribution chart, Big Yellow Group ranks #173 out of 587 companies in the REITs industry, placing it in the top 29.5%.
Is Big Yellow Group's ROC (Joel Greenblatt) % too high?
Big Yellow Group's current ROC (Joel Greenblatt) % of 530.25% is 15% below median its 10-year median of 623.58. Over the past 10 years, this metric has ranged from a low of 404.90 to a high of 3,255.62. The REITs industry median ROC (Joel Greenblatt) % is 174.41. Big Yellow Group's value of 530.25% is 204% above this industry median. Based on the distribution chart, Big Yellow Group ranks #173 out of 587 companies in the REITs industry, which is above the industry midpoint. Overall, Big Yellow Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Big Yellow Group's ROC (Joel Greenblatt) % compare to PLD and PSA?
According to the REITs industry distribution chart, Big Yellow Group ranks #173 out of 587 companies for ROC (Joel Greenblatt) %. This puts Big Yellow Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 174.41. Big Yellow Group's value of 530.25% is 204% above this benchmark. Historically, Big Yellow Group's own ROC (Joel Greenblatt) % has ranged from 404.90 to 3,255.62 over the past decade. While the company's 10-year median is 623.58 vs. the industry median of 174.41, Big Yellow Group has consistently been above 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 174.41, based on 587 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. Big Yellow Group's current ROC (Joel Greenblatt) % of 530.25% is 204% 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 Big Yellow Group and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 174.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Yellow Group's current ROC (Joel Greenblatt) % is 530.25%, which is 15% below median its own 10-year median of 623.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Yellow Group stock overvalued right now?
Based on GuruFocus' analysis, Big Yellow Group (BYLOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.84, compared to a current price of $12.36 — trading 16.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 530.25%, which is 15% below median its 10-year median of 623.58 and 204% above the REITs industry median of 174.41. Big Yellow Group's overall GF Score™ is 74/100 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 Big Yellow Group (BYLOF), the current ROC (Joel Greenblatt) % is 530.25% 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 Big Yellow Group (BYLOF) Overvalued in 2026?

Based on GuruFocus' analysis, Big Yellow Group stock appears to be undervalued. The current stock price of $12.36 is trading 16.7% below its estimated GF Value™ of $14.84. GuruFocus considers Big Yellow Group to be Modestly Undervalued.

Key valuation signals for BYLOF:

  • ROC (Joel Greenblatt) %: 530.25% (15% below median its 10-year median of 623.58)
  • GF Value™: $14.84 vs. price of $12.36 (16.7% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 204% above the REITs median (#173 of 587)

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


Big Yellow Group Business Description

Industry Real EstateREITs
Other Exchanges BYGl:UKBYG:UKB9Y:Germany
Address Bridge Road, 2 The Deans, Bagshot, London, Surrey, GBR, GU19 5AT
Big Yellow Group PLC operates a portfolio of modern, purpose-built self-storage stores. The Group provides self storage solutions for domestic and business customers, including storage space, flexi offices, dedicated office space, delivery acceptance, forklifting, courier arrangement services, and the sale of boxes and packing materials. The Group operates Big Yellow stores and Armadillo stores across the United Kingdom, with a focus on London and the South East. The Group operates in one segment, the provision of self-storage and related services.
74GF Score

Get the complete analysis for BYLOF

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

$12.36
Price
$14.84
GF Value