Aramex PJSC (DFM:ARMX) ROC (Joel Greenblatt) %: 10.52% (As of Mar. 2026) — 43% Below Median


DFM:ARMX Aramex PJSC DFM:ARMX
75 GF Score
Price د.إ1.67
GF Value د.إ2.75
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Aramex PJSC ROC (Joel Greenblatt) %?

Aramex PJSC DFM:ARMX -1.76% 75 ROC (Joel Greenblatt) % is 10.52% as of Mar. 2026, which is 43% below its 10-year median of 18.32. GuruFocus rates DFM:ARMX with a GF Score™ of 75/100 and a GF Value™ of د.إ2.75 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 997 Transportation companies, Aramex PJSC ranks worse than 61.18% 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. Aramex PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.52%.

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

DFM:ARMX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.71   Med: 18.32   Max: 65.36
Current: 8.71

During the past 13 years, Aramex PJSC's highest ROC (Joel Greenblatt) % was 65.36%. The lowest was 8.71%. And the median was 18.32%.

DFM:ARMX's ROC (Joel Greenblatt) % is ranked worse than
61.18% of 997 companies
in the Transportation industry
Industry Median: 11.75 vs DFM:ARMX: 8.71

Aramex PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.90% per year.


Aramex PJSC  (DFM:ARMX) 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.


Aramex PJSC ROC (Joel Greenblatt) % Related Terms


Aramex PJSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aramex PJSC'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.

Aramex PJSC ROC (Joel Greenblatt) % Chart

Aramex PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.52 12.98 14.43 15.80 9.04

Aramex PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 11.17 3.36 10.58 10.40 10.52

DFM:ARMX vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Aramex PJSC'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.


Aramex PJSC ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Aramex PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:

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


DFM:ARMX
75GF Score
Aramex PJSC DFM:ARMX
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aramex PJSC 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1109.344 + 0 + 188.824) - (482.207 + 0 + 641.549)
=174.412

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1124.372 + 0 + 348.771) - (404.089 + 0 + 782.851)
=286.203

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aramex PJSC 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=210.972/( ( (1782.807 + max(174.412, 0)) + (1766.592 + max(286.203, 0)) )/ 2 )
=210.972/( ( 1957.219 + 2052.795 )/ 2 )
=210.972/2005.007
=10.52 %

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 10.52% mean?
Aramex PJSC (DFM:ARMX) has a ROC (Joel Greenblatt) % of 10.52% 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 Aramex PJSC and its competitors. This is 43% below median its historical median of 18.32. Over the past decade, Aramex PJSC's ROC (Joel Greenblatt) % has ranged from 8.71 to 65.36. According to the industry distribution chart, Aramex PJSC ranks #610 out of 997 companies in the Transportation industry, placing it in the top 61.2%.
Is Aramex PJSC's ROC (Joel Greenblatt) % too high?
Aramex PJSC's current ROC (Joel Greenblatt) % of 10.52% is 43% below median its 10-year median of 18.32. Over the past 10 years, this metric has ranged from a low of 8.71 to a high of 65.36. The Transportation industry median ROC (Joel Greenblatt) % is 11.75. Aramex PJSC's value of 10.52% is 10.5% below this industry median. Based on the distribution chart, Aramex PJSC ranks #610 out of 997 companies in the Transportation industry, which is below the industry midpoint. Overall, Aramex PJSC has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aramex PJSC's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Aramex PJSC ranks #610 out of 997 companies for ROC (Joel Greenblatt) %. This places Aramex PJSC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. Aramex PJSC's value of 10.52% is 10.5% below this benchmark. Historically, Aramex PJSC's own ROC (Joel Greenblatt) % has ranged from 8.71 to 65.36 over the past decade. While the company's 10-year median is 18.32 vs. the industry median of 11.75, Aramex PJSC has consistently been below 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.75, based on 997 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. Aramex PJSC's current ROC (Joel Greenblatt) % of 10.52% is 10.5% below 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 Aramex PJSC and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aramex PJSC's current ROC (Joel Greenblatt) % is 10.52%, which is 43% below median its own 10-year median of 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aramex PJSC stock overvalued right now?
Based on GuruFocus' analysis, Aramex PJSC (DFM:ARMX) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ2.75, compared to a current price of د.إ1.67 — trading 39.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.52%, which is 43% below median its 10-year median of 18.32 and 10.5% below the Transportation industry median of 11.75. Aramex PJSC's overall GF Score™ is 75/100 with 5 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 Aramex PJSC (DFM:ARMX), the current ROC (Joel Greenblatt) % is 10.52% 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 Aramex PJSC (DFM:ARMX) Overvalued in 2026?

Based on GuruFocus' analysis, Aramex PJSC stock appears to be undervalued. The current stock price of د.إ1.67 is trading 39.3% below its estimated GF Value™ of د.إ2.75. GuruFocus considers Aramex PJSC to be Significantly Undervalued.

Key valuation signals for DFM:ARMX:

  • ROC (Joel Greenblatt) %: 10.52% (43% below median its 10-year median of 18.32)
  • GF Value™: د.إ2.75 vs. price of د.إ1.67 (39.3% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 10.5% below the Transportation median (#610 of 997)

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


Aramex PJSC Business Description

Address Plot WF 07, Jebel Ali, P.O. Box: 95946, Dubai Logistics City, Dubai, ARE, 2302A
Aramex PJSC is a logistics company domiciled in the United Arab Emirates. The company organizes itself into four segments: Courier, Freight Forwarding, Logistics, and Other operations. The Courier segment, which contributes the majority of revenue, delivers small packages across the globe. Freight forwarding is the forward freight through air, land, and ocean transport. The Logistics segment offers warehousing, supply-chain management, and inventory management. The Other operations segment includes catalog shipping services, document storage, airline ticketing and travel, and visa services. The company operates globally, especially in Gulf Cooperation Council (GCC), Middle East, North Africa and Turkey, East and South Africa, Europe, North America, South Asia, North Asia and Oceania.
75GF Score

Get the complete analysis for DFM:ARMX

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

د.إ1.67
Price
د.إ2.75
GF Value