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. Funding Circle Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 346.63%.
The historical rank and industry rank for Funding Circle Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FDCHF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -997.94 Med: -195.29 Max: 265.04
Current: 234.48
During the past 11 years, Funding Circle Holdings's highest ROC (Joel Greenblatt) % was 265.04%. The lowest was -997.94%. And the median was -195.29%.
FDCHF's ROC (Joel Greenblatt) % is ranked better than 68.61% of 411
companies
in the Credit Services industry
Industry Median: 38.99
vs FDCHF: 234.48
Funding Circle Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Funding Circle Holdings (OTCPK:FDCHF) 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.
Funding Circle Holdings ROC (Joel Greenblatt) % Related Terms
Funding Circle Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Funding Circle Holdings'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.
Funding Circle Holdings ROC (Joel Greenblatt) % Chart
FDCHF vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, Funding Circle Holdings'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.
Funding Circle Holdings ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Funding Circle Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Funding Circle Holdings's ROC (Joel Greenblatt) % falls into.
Funding Circle Holdings 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:
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.
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 346.63% mean?
Funding Circle Holdings (FDCHF) has a ROC (Joel Greenblatt) % of 346.63% 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 Funding Circle Holdings and its competitors. According to the industry distribution chart, Funding Circle Holdings ranks #129 out of 411 companies in the Credit Services industry, placing it in the top 31.4%.
Is Funding Circle Holdings' ROC (Joel Greenblatt) % too high?
Funding Circle Holdings' current ROC (Joel Greenblatt) % is 346.63%. The Credit Services industry median ROC (Joel Greenblatt) % is 38.99. Funding Circle Holdings' value of 346.63% is 789% above this industry median. Based on the distribution chart, Funding Circle Holdings ranks #129 out of 411 companies in the Credit Services industry, which is above the industry midpoint. Overall, Funding Circle Holdings has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Funding Circle Holdings' ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Funding Circle Holdings ranks #129 out of 411 companies for ROC (Joel Greenblatt) %. This puts Funding Circle Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 38.99. Funding Circle Holdings' value of 346.63% is 789% above this benchmark. 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.99, based on 411 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. Funding Circle Holdings's current ROC (Joel Greenblatt) % of 346.63% is 789% 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 Funding Circle Holdings and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Funding Circle Holdings's current ROC (Joel Greenblatt) % is 346.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Funding Circle Holdings stock overvalued right now?
Funding Circle Holdings (FDCHF) has a current ROC (Joel Greenblatt) % of 346.63%. The stock's GF Value™ is $2.24, compared to a current price of $2.18 — trading 2.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 346.63% and 789% above the Credit Services industry median of 38.99. Funding Circle Holdings' overall GF Score™ is 73/100 with 11 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 Funding Circle Holdings (FDCHF), the current ROC (Joel Greenblatt) % is 346.63% 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 Funding Circle Holdings (FDCHF) Overvalued in 2026?
Based on GuruFocus' analysis, Funding Circle Holdings stock appears to be undervalued.
The current stock price of $2.18 is trading 2.7% below its estimated GF Value™ of $2.24.
Key valuation signals for FDCHF:
ROC (Joel Greenblatt) %: 346.63%
GF Value™: $2.24 vs. price of $2.18 (2.7% below fair value)
Industry Position: 789% above the Credit Services median (#129 of 411)
No single metric tells the full story. See the FDCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Funding Circle Holdings PLC provides an online lending platform through which borrower loans are originated and allocated to investors and comprising the different online lending platforms across the company's geographies. Company's segment includes: Term Loans and FlexiPay. The sectors includes: Wholesale & retail, Real Estate, Health & other service activities, Other manufacturing, IT & telecommunication The company's geographical segment include the United Kingdom and developing markets. It derives the majority of its revenue from the United Kingdom region.
73GF Score
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