Angler Gaming (FRA:0QM) ROC (Joel Greenblatt) %: 110.75% (As of Mar. 2026) — 96% Below Median

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FRA:0QM Angler Gaming PLC FRA:0QM
55 GF Score
Price €0.42
GF Value €0.23
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Angler Gaming ROC (Joel Greenblatt) %?

Angler Gaming FRA:0QM 55 ROC (Joel Greenblatt) % is 110.75% as of Mar. 2026, which is 96% below its 10-year median of 3,083.43. GuruFocus rates FRA:0QM with a GF Score™ of 55/100 and a GF Value™ of €0.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 847 Travel & Leisure companies, Angler Gaming ranks better than 88.78% 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. Angler Gaming's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 110.75%.

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

FRA:0QM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16131.09   Med: 3083.43   Max: 63143.08
Current: 80.94

During the past 13 years, Angler Gaming's highest ROC (Joel Greenblatt) % was 63143.08%. The lowest was -16131.09%. And the median was 3083.43%.

FRA:0QM's ROC (Joel Greenblatt) % is ranked better than
88.78% of 847 companies
in the Travel & Leisure industry
Industry Median: 10.04 vs FRA:0QM: 80.94

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


Angler Gaming  (FRA:0QM) 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.


Angler Gaming ROC (Joel Greenblatt) % Related Terms


Angler Gaming ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Angler Gaming'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.

Angler Gaming ROC (Joel Greenblatt) % Chart

Angler Gaming 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 45,306.25 -15,765.96 6,405.88 4,769.23 118.71

Angler Gaming 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 173.40 46.01 82.67 87.74 110.75

FRA:0QM vs FLUT, DKNG, SGHC: ROC (Joel Greenblatt) % Comparison

For the Gambling subindustry, Angler Gaming'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.


Angler Gaming ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Angler Gaming's ROC (Joel Greenblatt) % distribution charts can be found below:

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


FRA:0QM
55GF Score
Angler Gaming PLC FRA:0QM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angler Gaming 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)
=(11.943 + 0 + 0.308) - (0.589 + 0 + 3.478)
=8.184

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.408 + 0 + -3.5527136788005E-15) - (3.669 + 0 + 0)
=12.739

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Angler Gaming 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 )
=11.644/( ( (0.052 + max(8.184, 0)) + (0.053 + max(12.739, 0)) )/ 2 )
=11.644/( ( 8.236 + 12.792 )/ 2 )
=11.644/10.514
=110.75 %

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 110.75% mean?
Angler Gaming (FRA:0QM) has a ROC (Joel Greenblatt) % of 110.75% 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 Angler Gaming and its competitors. This is 96% below median its historical median of 3,083.43. According to the industry distribution chart, Angler Gaming ranks #95 out of 847 companies in the Travel & Leisure industry, placing it in the top 11.2%.
Is Angler Gaming's ROC (Joel Greenblatt) % too high?
Angler Gaming's current ROC (Joel Greenblatt) % of 110.75% is 96% below median its 10-year median of 3,083.43. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.04. Angler Gaming's value of 110.75% is 1003.1% above this industry median. Based on the distribution chart, Angler Gaming ranks #95 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Angler Gaming has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Angler Gaming's ROC (Joel Greenblatt) % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Angler Gaming ranks #95 out of 847 companies for ROC (Joel Greenblatt) %. This places Angler Gaming in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.04. Angler Gaming's value of 110.75% is 1003.1% above this benchmark. While the company's 10-year median is 3,083.43 vs. the industry median of 10.04, Angler Gaming 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.04, based on 847 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. Angler Gaming's current ROC (Joel Greenblatt) % of 110.75% is 1003.1% 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 Angler Gaming and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angler Gaming's current ROC (Joel Greenblatt) % is 110.75%, which is 96% below median its own 10-year median of 3,083.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angler Gaming stock overvalued right now?
Based on GuruFocus' analysis, Angler Gaming (FRA:0QM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.23, compared to a current price of €0.42 — trading 82.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 110.75%, which is 96% below median its 10-year median of 3,083.43 and 1003.1% above the Travel & Leisure industry median of 10.04. Angler Gaming's overall GF Score™ is 55/100 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 Angler Gaming (FRA:0QM), the current ROC (Joel Greenblatt) % is 110.75% 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 Angler Gaming (FRA:0QM) Overvalued in 2026?

Based on GuruFocus' analysis, Angler Gaming stock appears to be overvalued. The current stock price of €0.42 is trading 82.6% above its estimated GF Value™ of €0.23. GuruFocus considers Angler Gaming to be Significantly Overvalued.

Key valuation signals for FRA:0QM:

  • ROC (Joel Greenblatt) %: 110.75% (96% below median its 10-year median of 3,083.43)
  • GF Value™: €0.23 vs. price of €0.42 (82.6% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 1003.1% above the Travel & Leisure median (#95 of 847)

No single metric tells the full story. See the FRA:0QM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angler Gaming Business Description

Other Exchanges ANGL:Sweden
Address The Strand, ST Business Centre 120, Level 4, Gzira, MLT
Angler Gaming PLC is a holding company in Malta that invests in companies that offer gaming services over the Internet. The core business activities of the company are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of the company is generated from Casino revenue, Marketing, and SEO revenue, and Dividend received.
55GF Score

Get the complete analysis for FRA:0QM

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

€0.42
Price
€0.23
GF Value