Future (CHIX:FUTRL) ROC (Joel Greenblatt) %: 212.23% (As of Mar. 2026) — 45% Below Median


CHIX:FUTRL Future PLC CHIX:FUTRL
63 GF Score
Price £2.94
GF Value £7.97
Valuation Possible Value Trap
! 6 Warning Signs
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What is Future ROC (Joel Greenblatt) %?

Future CHIX:FUTRL -1.54% 63 ROC (Joel Greenblatt) % is 212.23% as of Mar. 2026, which is 45% below its 10-year median of 385.30. GuruFocus rates CHIX:FUTRL with a GF Score™ of 63/100 and a GF Value™ of £7.97 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,016 Media - Diversified companies, Future ranks better than 93.31% 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. Future's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 212.23%.

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

CHIX:FUTRl' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2690.91   Med: 385.3   Max: 733.33
Current: 268.7

During the past 13 years, Future's highest ROC (Joel Greenblatt) % was 733.33%. The lowest was -2690.91%. And the median was 385.30%.

CHIX:FUTRl's ROC (Joel Greenblatt) % is ranked better than
93.31% of 1016 companies
in the Media - Diversified industry
Industry Median: 9.365 vs CHIX:FUTRl: 268.70

Future's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.70% per year.


Future  (CHIX:FUTRl) 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.


Future ROC (Joel Greenblatt) % Related Terms


Future ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Future'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.

Future ROC (Joel Greenblatt) % Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 333.53 370.32 391.53 390.18 380.42

Future 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 372.46 422.70 424.26 329.84 212.23

CHIX:FUTRL vs NYT, WLY: ROC (Joel Greenblatt) % Comparison

For the Publishing subindustry, Future'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.


Future ROC (Joel Greenblatt) % vs Media - Diversified Industry

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

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


CHIX:FUTRL
63GF Score
Future PLC CHIX:FUTRL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future 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)
=(60.3 + 1.3 + 34.5) - (41.6 + 0 + 108.9)
=-54.4

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.8 + 0 + 42.3) - (64.7 + 0 + 107)
=-76.6

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Future 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 )
=64.2/( ( (29.5 + max(-54.4, 0)) + (31 + max(-76.6, 0)) )/ 2 )
=64.2/( ( 29.5 + 31 )/ 2 )
=64.2/30.25
=212.23 %

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 212.23% mean?
Future (CHIX:FUTRL) has a ROC (Joel Greenblatt) % of 212.23% 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 Future and its competitors. This is 45% below median its historical median of 385.30. According to the industry distribution chart, Future ranks #68 out of 1016 companies in the Media - Diversified industry, placing it in the top 6.7%.
Is Future's ROC (Joel Greenblatt) % too high?
Future's current ROC (Joel Greenblatt) % of 212.23% is 45% below median its 10-year median of 385.30. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.37. Future's value of 212.23% is 2166.2% above this industry median. Based on the distribution chart, Future ranks #68 out of 1016 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Future has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's ROC (Joel Greenblatt) % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #68 out of 1016 companies for ROC (Joel Greenblatt) %. This places Future in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.37. Future's value of 212.23% is 2166.2% above this benchmark. While the company's 10-year median is 385.30 vs. the industry median of 9.37, Future 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.37, based on 1,016 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. Future's current ROC (Joel Greenblatt) % of 212.23% is 2166.2% 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 Future and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current ROC (Joel Greenblatt) % is 212.23%, which is 45% below median its own 10-year median of 385.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (CHIX:FUTRL) is currently considered Possible Value Trap. The stock's GF Value™ is £7.97, compared to a current price of £2.94 — trading 63.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 212.23%, which is 45% below median its 10-year median of 385.30 and 2166.2% above the Media - Diversified industry median of 9.37. Future's overall GF Score™ is 63/100 with 6 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 Future (CHIX:FUTRL), the current ROC (Joel Greenblatt) % is 212.23% 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 Future (CHIX:FUTRL) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of £2.94 is trading 63.1% below its estimated GF Value™ of £7.97. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for CHIX:FUTRL:

  • ROC (Joel Greenblatt) %: 212.23% (45% below median its 10-year median of 385.30)
  • GF Value™: £7.97 vs. price of £2.94 (63.1% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 2166.2% above the Media - Diversified median (#68 of 1016)

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


Future Business Description

Other Exchanges FUTR:UKFNWA:Germany
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
63GF Score

Get the complete analysis for CHIX:FUTRL

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

£2.94
Price
£7.97
GF Value