DIN (Dine Brands Global) ROC (Joel Greenblatt) %: 25.46% (As of Mar. 2026) — 30% Below Median


DIN Dine Brands Global Inc DIN
75 GF Score
Price $34.16
GF Value $39.57
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Dine Brands Global ROC (Joel Greenblatt) %?

Dine Brands Global DIN -3.56% 75 ROC (Joel Greenblatt) % is 25.46% as of Mar. 2026, which is 30% below its 10-year median of 36.18. GuruFocus rates DIN with a GF Score™ of 75/100 and a GF Value™ of $39.57 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 361 Restaurants companies, Dine Brands Global ranks better than 70.36% 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. Dine Brands Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.46%.

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

DIN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -181.04   Med: 36.18   Max: 103.29
Current: 21.14

During the past 13 years, Dine Brands Global's highest ROC (Joel Greenblatt) % was 103.29%. The lowest was -181.04%. And the median was 36.18%.

DIN's ROC (Joel Greenblatt) % is ranked better than
70.36% of 361 companies
in the Restaurants industry
Industry Median: 8.67 vs DIN: 21.14

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


Dine Brands Global  (NYSE:DIN) 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.


Dine Brands Global ROC (Joel Greenblatt) % Related Terms


Dine Brands Global ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dine Brands Global'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.

Dine Brands Global ROC (Joel Greenblatt) % Chart

Dine Brands Global 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 35.32 37.03 41.70 35.26 21.30

Dine Brands Global 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 25.21 29.86 25.12 4.17 25.46

DIN vs LOCO, NATH, PTLO: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, Dine Brands Global'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.


Dine Brands Global ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Dine Brands Global's ROC (Joel Greenblatt) % distribution charts can be found below:

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


DIN
75GF Score
Dine Brands Global Inc DIN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dine Brands Global 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)
=(119 + 0 + 104.6) - (103 + 188.3 + 0.10000000000002)
=-67.8

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.5 + 0 + 90) - (84.2 + 5.4 + 156.4)
=-66.5

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dine Brands Global 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 )
=127.6/( ( (489.2 + max(-67.8, 0)) + (513.2 + max(-66.5, 0)) )/ 2 )
=127.6/( ( 489.2 + 513.2 )/ 2 )
=127.6/501.2
=25.46 %

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 25.46% mean?
Dine Brands Global (DIN) has a ROC (Joel Greenblatt) % of 25.46% 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 Dine Brands Global and its competitors. This is 30% below median its historical median of 36.18. According to the industry distribution chart, Dine Brands Global ranks #107 out of 361 companies in the Restaurants industry, placing it in the top 29.6%.
Is Dine Brands Global's ROC (Joel Greenblatt) % too high?
Dine Brands Global's current ROC (Joel Greenblatt) % of 25.46% is 30% below median its 10-year median of 36.18. The Restaurants industry median ROC (Joel Greenblatt) % is 8.67. Dine Brands Global's value of 25.46% is 193.7% above this industry median. Based on the distribution chart, Dine Brands Global ranks #107 out of 361 companies in the Restaurants industry, which is above the industry midpoint. Overall, Dine Brands Global has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dine Brands Global's ROC (Joel Greenblatt) % compare to LOCO and NATH?
According to the Restaurants industry distribution chart, Dine Brands Global ranks #107 out of 361 companies for ROC (Joel Greenblatt) %. This puts Dine Brands Global in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.67. Dine Brands Global's value of 25.46% is 193.7% above this benchmark. While the company's 10-year median is 36.18 vs. the industry median of 8.67, Dine Brands Global 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.67, based on 361 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. Dine Brands Global's current ROC (Joel Greenblatt) % of 25.46% is 193.7% 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 Dine Brands Global and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dine Brands Global's current ROC (Joel Greenblatt) % is 25.46%, which is 30% below median its own 10-year median of 36.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dine Brands Global stock overvalued right now?
Based on GuruFocus' analysis, Dine Brands Global (DIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.57, compared to a current price of $34.16 — trading 13.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25.46%, which is 30% below median its 10-year median of 36.18 and 193.7% above the Restaurants industry median of 8.67. Dine Brands Global's overall GF Score™ is 75/100 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 Dine Brands Global (DIN), the current ROC (Joel Greenblatt) % is 25.46% 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 Dine Brands Global (DIN) Overvalued in 2026?

Based on GuruFocus' analysis, Dine Brands Global stock appears to be undervalued. The current stock price of $34.16 is trading 13.7% below its estimated GF Value™ of $39.57. GuruFocus considers Dine Brands Global to be Modestly Undervalued.

Key valuation signals for DIN:

  • ROC (Joel Greenblatt) %: 25.46% (30% below median its 10-year median of 36.18)
  • GF Value™: $39.57 vs. price of $34.16 (13.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 193.7% above the Restaurants median (#107 of 361)

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


Dine Brands Global Business Description

Other Exchanges IHP:Germany
Address 10 West Walnut Street, 5th Floor, Pasadena, CA, USA, 91103
Dine Brands Global Inc owns and franchises thousands of restaurants under the International House of Pancakes (IHOP), Applebee's Neighborhood Grill + Bar (Applebee's), and the Fuzzy's Taco Shop (Fuzzy's) names. The company conducts its business through three reportable segments: Franchise, Company-owned restaurants, and Rental. The majority of its revenue is generated from the Franchise segment, which consists of IHOP, Applebee's, and Fuzzy's franchise operations and generates revenue mainly from royalties and advertising fees from several IHOP, Applebee's, and Fuzzy's franchised restaurants, in addition to revenues from the sale of proprietary IHOP and Fuzzy's products to its franchisees. Geographically, the majority of the company's revenues is generated from its domestic market.
75GF Score

Get the complete analysis for DIN

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

$34.16
Price
$39.57
GF Value