Helical (CHIX:HLCLL) ROC (Joel Greenblatt) %: 829.79% (As of Mar. 2026) — 101% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:HLCLL Helical PLC CHIX:HLCLL
64 GF Score
Price £2.05
GF Value £1.83
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Helical ROC (Joel Greenblatt) %?

Helical CHIX:HLCLL +1.44% 64 ROC (Joel Greenblatt) % is 829.79% as of Mar. 2026, which is 101% above its 10-year median of 411.92. GuruFocus rates CHIX:HLCLL with a GF Score™ of 64/100 and a GF Value™ of £1.83 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,752 Real Estate companies, Helical ranks better than 90.87% 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. Helical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 829.79%.

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

CHIX:HLCLl' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1190.09   Med: 411.92   Max: 2760.85
Current: 658.09

During the past 13 years, Helical's highest ROC (Joel Greenblatt) % was 2760.85%. The lowest was -1190.09%. And the median was 411.92%.

CHIX:HLCLl's ROC (Joel Greenblatt) % is ranked better than
90.87% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs CHIX:HLCLl: 658.09

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


Helical  (CHIX:HLCLl) 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.


Helical ROC (Joel Greenblatt) % Related Terms


Helical ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Helical'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.

Helical ROC (Joel Greenblatt) % Chart

Helical 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 1,726.01 -1,190.09 -1,008.03 207.59 659.03

Helical 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 -1,048.83 86.51 2,231.60 506.03 829.79

CHIX:HLCLL vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Helical'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.


Helical ROC (Joel Greenblatt) % vs Real Estate Industry

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

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


CHIX:HLCLL
64GF Score
Helical PLC CHIX:HLCLL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helical 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)
=(1.761 + 0.499 + 5.837) - (13.95 + 0 + 6.943)
=-12.796

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.026 + 0.028 + 7.134) - (15.912 + 0 + 9.022)
=-16.746

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Helical 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 )
=14.538/( ( (1.875 + max(-12.796, 0)) + (1.629 + max(-16.746, 0)) )/ 2 )
=14.538/( ( 1.875 + 1.629 )/ 2 )
=14.538/1.752
=829.79 %

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 829.79% mean?
Helical (CHIX:HLCLL) has a ROC (Joel Greenblatt) % of 829.79% 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 Helical and its competitors. This is 101% above median its historical median of 411.92. According to the industry distribution chart, Helical ranks #160 out of 1752 companies in the Real Estate industry, placing it in the top 9.1%.
Is Helical's ROC (Joel Greenblatt) % too high?
Helical's current ROC (Joel Greenblatt) % of 829.79% is 101% above median its 10-year median of 411.92. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Helical's value of 829.79% is 6357.5% above this industry median. Based on the distribution chart, Helical ranks #160 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Helical has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Helical's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Helical ranks #160 out of 1752 companies for ROC (Joel Greenblatt) %. This places Helical in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.85. Helical's value of 829.79% is 6357.5% above this benchmark. While the company's 10-year median is 411.92 vs. the industry median of 12.85, Helical 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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. Helical's current ROC (Joel Greenblatt) % of 829.79% is 6357.5% 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 Helical and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helical's current ROC (Joel Greenblatt) % is 829.79%, which is 101% above median its own 10-year median of 411.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helical stock overvalued right now?
Based on GuruFocus' analysis, Helical (CHIX:HLCLL) is currently considered Modestly Overvalued. The stock's GF Value™ is £1.83, compared to a current price of £2.05 — trading 11.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 829.79%, which is 101% above median its 10-year median of 411.92 and 6357.5% above the Real Estate industry median of 12.85. Helical's overall GF Score™ is 64/100 with 8 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 Helical (CHIX:HLCLL), the current ROC (Joel Greenblatt) % is 829.79% 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 Helical (CHIX:HLCLL) Overvalued in 2026?

Based on GuruFocus' analysis, Helical stock appears to be overvalued. The current stock price of £2.05 is trading 11.7% above its estimated GF Value™ of £1.83. GuruFocus considers Helical to be Modestly Overvalued.

Key valuation signals for CHIX:HLCLL:

  • ROC (Joel Greenblatt) %: 829.79% (101% above median its 10-year median of 411.92)
  • GF Value™: £1.83 vs. price of £2.05 (11.7% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 6357.5% above the Real Estate median (#160 of 1752)

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


Helical Business Description

Other Exchanges HLICF:USAHLCL:UK1Y7:Germany
Address 22 Ganton Street, London, GBR, W1F 7FD
Helical PLC is a United Kingdom-based property investment and development company that operates across many sectors of the property industry. Its principal areas of business include high-yielding retail investments, central London office investments, central London office refurbishment, and development projects, regional pre-let food store developments, and retirement villages. The company operates in two segments including investment properties which are owned or leased by the Group for long-term income and for capital appreciation and development properties. It generates a majority of its revenue from Investment properties, which are owned or leased by the company for long-term income and capital appreciation.
64GF Score

Get the complete analysis for CHIX:HLCLL

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

£2.05
Price
£1.83
GF Value