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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. Six Flags Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -30.11%.
The historical rank and industry rank for Six Flags Entertainment's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:6FE0'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31.46 Med: 16.89 Max: 30.57
Current: -30.29
During the past 13 years, Six Flags Entertainment's highest ROC (Joel Greenblatt) % was 30.57%. The lowest was -31.46%. And the median was 16.89%.
FRA:6FE0's ROC (Joel Greenblatt) % is ranked worse than 90.17% of 844
companies
in the Travel & Leisure industry
Industry Median: 10.02
vs FRA:6FE0: -30.29
Six Flags Entertainment's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Six Flags Entertainment (FRA:6FE0) 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.
Six Flags Entertainment ROC (Joel Greenblatt) % Related Terms
Six Flags Entertainment ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Six Flags Entertainment'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.
Six Flags Entertainment ROC (Joel Greenblatt) % Chart
FRA:6FE0 vs PRKS, PTON, OSW: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, Six Flags Entertainment'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.
Six Flags Entertainment ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Six Flags Entertainment's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Six Flags Entertainment's ROC (Joel Greenblatt) % falls into.
Six Flags Entertainment 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 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 -30.11% mean?
Six Flags Entertainment (FRA:6FE0) has a ROC (Joel Greenblatt) % of -30.11% 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 Six Flags Entertainment and its competitors. According to the industry distribution chart, Six Flags Entertainment ranks #761 out of 844 companies in the Travel & Leisure industry, placing it in the top 90.2%.
Is Six Flags Entertainment's ROC (Joel Greenblatt) % too high?
Six Flags Entertainment's current ROC (Joel Greenblatt) % is -30.11%. Based on the distribution chart, Six Flags Entertainment ranks #761 out of 844 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Six Flags Entertainment has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Six Flags Entertainment's ROC (Joel Greenblatt) % compare to PRKS and PTON?
According to the Travel & Leisure industry distribution chart, Six Flags Entertainment ranks #761 out of 844 companies for ROC (Joel Greenblatt) %. This places Six Flags Entertainment in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.02. 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 10.02, based on 844 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. 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 Six Flags Entertainment and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Six Flags Entertainment's current ROC (Joel Greenblatt) % is -30.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Six Flags Entertainment stock overvalued right now?
Six Flags Entertainment (FRA:6FE0) has a current ROC (Joel Greenblatt) % of -30.11%. The stock's GF Value™ is €29.26, compared to a current price of €14.80 — trading 49.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -30.11%. Six Flags Entertainment's overall GF Score™ is 68/100 with 8 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 Six Flags Entertainment (FRA:6FE0), the current ROC (Joel Greenblatt) % is -30.11% 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 Six Flags Entertainment (FRA:6FE0) Overvalued in 2026?
Based on GuruFocus' analysis, Six Flags Entertainment stock appears to be undervalued.
The current stock price of €14.80 is trading 49.4% below its estimated GF Value™ of €29.26.
Key valuation signals for FRA:6FE0:
ROC (Joel Greenblatt) %: -30.11%
GF Value™: €29.26 vs. price of €14.80 (49.4% below fair value)
No single metric tells the full story. See the FRA:6FE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Six Flags Entertainment Corp is North America's regional amusement resort operator with approximately 27 amusement parks, around 15 separately gated water parks, and nine resort properties across the U.S., Canada, and Mexico. It provides coasters, themed rides, thrilling water parks, resorts, and a portfolio of beloved intellectual properties such as Looney Tunes, DC Comics, and PEANUTS. The parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with exciting rides and immersive entertainment. The Company generates revenue from sales of admission to the amusement parks and water parks, from purchases of food, merchandise and games both inside and outside the parks, from the sale of accommodations and other extra-charge.
68GF Score
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