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. Foresight Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Foresight Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:FSGl'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.35 Med: 218.82 Max: 389.65
Current: 218.82
During the past 9 years, Foresight Group Holdings's highest ROC (Joel Greenblatt) % was 389.65%. The lowest was 17.35%. And the median was 218.82%.
CHIX:FSGl's ROC (Joel Greenblatt) % is ranked better than 64.06% of 626
companies
in the Asset Management industry
Industry Median: 62.7
vs CHIX:FSGl: 218.82
Foresight Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.90% per year.
Foresight Group Holdings (CHIX:FSGl) 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.
Foresight Group Holdings ROC (Joel Greenblatt) % Related Terms
Foresight Group Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Foresight Group Holdings'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.
Foresight Group Holdings ROC (Joel Greenblatt) % Chart
CHIX:FSGL vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Foresight Group Holdings'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.
Foresight Group Holdings ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Foresight Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Foresight Group Holdings's ROC (Joel Greenblatt) % falls into.
Foresight Group Holdings 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 (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 0.00% mean?
Foresight Group Holdings (CHIX:FSGL) has a ROC (Joel Greenblatt) % of 0.00% 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 Foresight Group Holdings and its competitors. Over the past decade, Foresight Group Holdings' ROC (Joel Greenblatt) % has ranged from 17.35 to 389.65. According to the industry distribution chart, Foresight Group Holdings ranks #225 out of 626 companies in the Asset Management industry, placing it in the top 35.9%.
Is Foresight Group Holdings' ROC (Joel Greenblatt) % too high?
Foresight Group Holdings' current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 17.35 to a high of 389.65. Based on the distribution chart, Foresight Group Holdings ranks #225 out of 626 companies in the Asset Management industry, which is above the industry midpoint. Overall, Foresight Group Holdings has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foresight Group Holdings' ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Foresight Group Holdings ranks #225 out of 626 companies for ROC (Joel Greenblatt) %. This puts Foresight Group Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 62.70. Historically, Foresight Group Holdings' own ROC (Joel Greenblatt) % has ranged from 17.35 to 389.65 over the past decade. 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 Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.70, based on 626 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 Foresight Group Holdings and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foresight Group Holdings's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresight Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Foresight Group Holdings (CHIX:FSGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £5.44, compared to a current price of £4.53 — trading 16.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Foresight Group Holdings' overall GF Score™ is 98/100 with 2 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 Foresight Group Holdings (CHIX:FSGL), the current ROC (Joel Greenblatt) % is 0.00% 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 Foresight Group Holdings (CHIX:FSGL) Overvalued in 2026?
Based on GuruFocus' analysis, Foresight Group Holdings stock appears to be undervalued.
The current stock price of £4.53 is trading 16.8% below its estimated GF Value™ of £5.44.
GuruFocus considers Foresight Group Holdings to be Modestly Undervalued.
Key valuation signals for CHIX:FSGL:
ROC (Joel Greenblatt) %: 0.00%
GF Value™: £5.44 vs. price of £4.53 (16.8% below fair value)
No single metric tells the full story. See the CHIX:FSGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foresight Group Holdings Ltd is an asset management company. The company is an independent infrastructure and private equity investment manager. It invests in renewable energy businesses and social infrastructure projects.
98GF Score
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