DNEMF (Dunelm Group) ROC (Joel Greenblatt) %: 57.46% (As of Dec. 2025) — 18% Above Median


DNEMF Dunelm Group PLC DNEMF
65 GF Score
Price $10.54
GF Value $15.58
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Dunelm Group ROC (Joel Greenblatt) %?

Dunelm Group DNEMF 65 ROC (Joel Greenblatt) % is 57.46% as of Dec. 2025, which is 18% above its 10-year median of 48.74. GuruFocus rates DNEMF with a GF Score™ of 65/100 and a GF Value™ of $15.58 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Dunelm Group ranks better than 88.12% 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. Dunelm Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 57.46%.

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

DNEMF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 35.53   Med: 48.74   Max: 69.31
Current: 52.4

During the past 13 years, Dunelm Group's highest ROC (Joel Greenblatt) % was 69.31%. The lowest was 35.53%. And the median was 48.74%.

DNEMF's ROC (Joel Greenblatt) % is ranked better than
88.12% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 11.545 vs DNEMF: 52.40

Dunelm Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.80% per year.


Dunelm Group  (OTCPK:DNEMF) 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.


Dunelm Group ROC (Joel Greenblatt) % Related Terms


Dunelm Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dunelm Group'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.

Dunelm Group ROC (Joel Greenblatt) % Chart

Dunelm Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.32 47.03 47.89 52.24 54.60

Dunelm Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 63.01 41.44 63.30 47.68 57.46

DNEMF vs CASY, WSM, ULTA: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Dunelm Group'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.


Dunelm Group ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dunelm Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


DNEMF
65GF Score
Dunelm Group PLC DNEMF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dunelm Group 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.026 + 307.056 + 21.166) - (169.064 + 0 + 147.489)
=24.695

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.788 + 305.622 + 1.473) - (307.229 + 0 + 123.963)
=-110.309

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dunelm Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=322.088/( ( (542.469 + max(24.695, 0)) + (553.949 + max(-110.309, 0)) )/ 2 )
=322.088/( ( 567.164 + 553.949 )/ 2 )
=322.088/560.5565
=57.46 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 57.46% mean?
Dunelm Group (DNEMF) has a ROC (Joel Greenblatt) % of 57.46% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Dunelm Group and its competitors. This is 18% above median its historical median of 48.74. Over the past decade, Dunelm Group's ROC (Joel Greenblatt) % has ranged from 35.53 to 69.31. According to the industry distribution chart, Dunelm Group ranks #134 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 11.9%.
Is Dunelm Group's ROC (Joel Greenblatt) % too high?
Dunelm Group's current ROC (Joel Greenblatt) % of 57.46% is 18% above median its 10-year median of 48.74. Over the past 10 years, this metric has ranged from a low of 35.53 to a high of 69.31. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.55. Dunelm Group's value of 57.46% is 397.7% above this industry median. Based on the distribution chart, Dunelm Group ranks #134 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Dunelm Group has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dunelm Group's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Dunelm Group ranks #134 out of 1128 companies for ROC (Joel Greenblatt) %. This places Dunelm Group in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.55. Dunelm Group's value of 57.46% is 397.7% above this benchmark. Historically, Dunelm Group's own ROC (Joel Greenblatt) % has ranged from 35.53 to 69.31 over the past decade. While the company's 10-year median is 48.74 vs. the industry median of 11.55, Dunelm Group 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.55, based on 1,128 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. Dunelm Group's current ROC (Joel Greenblatt) % of 57.46% is 397.7% 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 Dunelm Group and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dunelm Group's current ROC (Joel Greenblatt) % is 57.46%, which is 18% above median its own 10-year median of 48.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunelm Group stock overvalued right now?
Based on GuruFocus' analysis, Dunelm Group (DNEMF) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.58, compared to a current price of $10.54 — trading 32.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 57.46%, which is 18% above median its 10-year median of 48.74 and 397.7% above the Retail - Cyclical industry median of 11.55. Dunelm Group's overall GF Score™ is 65/100 with 4 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 Dunelm Group (DNEMF), the current ROC (Joel Greenblatt) % is 57.46% as of Dec. 2025. 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 Dunelm Group (DNEMF) Overvalued in 2026?

Based on GuruFocus' analysis, Dunelm Group stock appears to be undervalued. The current stock price of $10.54 is trading 32.4% below its estimated GF Value™ of $15.58. GuruFocus considers Dunelm Group to be Significantly Undervalued.

Key valuation signals for DNEMF:

  • ROC (Joel Greenblatt) %: 57.46% (18% above median its 10-year median of 48.74)
  • GF Value™: $15.58 vs. price of $10.54 (32.4% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 397.7% above the Retail - Cyclical median (#134 of 1128)

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


Dunelm Group Business Description

Address Watermead Business Park, Dunelm Store Support Centre, Syston, Leicester, Leicestershire, GBR, LE7 1AD
Dunelm Group PLC is a UK home-furnishing retailer. The company operates superstores, high street stores, and multichannel retail formats, such as online and telephone ordering. The diverse product offering ranges from textiles, such as bedding, curtains, cushions, quilts, and pillows, to kitchenware and dining. The products have exclusive designs and are sold under premium brands such as Dorma. Dunelm offers customers high-quality products in a broad price spectrum, supported by customer service and support. The group has one reportable segment, which is the operations to enable the retail of homewares in the UK and Ireland.
65GF Score

Get the complete analysis for DNEMF

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

$10.54
Price
$15.58
GF Value