Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lumi Education Group ASFRA:8KS -2.44%69 ROC (Joel Greenblatt) % is 44.66% as of Dec. 2025, which is 1% below its 10-year median of 45.17. GuruFocus rates FRA:8KS with a GF Score™ of 69/100 and a GF Value™ of €1.26. The stock has 6 warning signs investors should review. Among 263 Education companies, Lumi Education Group AS ranks better than 66.16% 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. Lumi Education Group AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 44.66%.
The historical rank and industry rank for Lumi Education Group AS's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:8KS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -146.76 Med: 45.17 Max: 78.02
Current: 34.76
During the past 6 years, Lumi Education Group AS's highest ROC (Joel Greenblatt) % was 78.02%. The lowest was -146.76%. And the median was 45.17%.
FRA:8KS's ROC (Joel Greenblatt) % is ranked better than 66.16% of 263
companies
in the Education industry
Industry Median: 18.42
vs FRA:8KS: 34.76
Lumi Education Group AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Lumi Education Group AS (FRA:8KS) 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.
Lumi Education Group AS ROC (Joel Greenblatt) % Related Terms
Lumi Education Group AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Lumi Education Group AS'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.
Lumi Education Group AS ROC (Joel Greenblatt) % Chart
FRA:8KS vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, Lumi Education Group AS'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.
Lumi Education Group AS ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, Lumi Education Group AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lumi Education Group AS's ROC (Joel Greenblatt) % falls into.
Lumi Education Group AS 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 44.66% mean?
Lumi Education Group AS (FRA:8KS) has a ROC (Joel Greenblatt) % of 44.66% 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 Lumi Education Group AS and its competitors. This is near median its historical median of 45.17. According to the industry distribution chart, Lumi Education Group AS ranks #89 out of 263 companies in the Education industry, placing it in the top 33.8%.
Is Lumi Education Group AS's ROC (Joel Greenblatt) % too high?
Lumi Education Group AS's current ROC (Joel Greenblatt) % of 44.66% is near median its 10-year median of 45.17. The Education industry median ROC (Joel Greenblatt) % is 18.42. Lumi Education Group AS's value of 44.66% is 142.5% above this industry median. Based on the distribution chart, Lumi Education Group AS ranks #89 out of 263 companies in the Education industry, which is above the industry midpoint. Overall, Lumi Education Group AS has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Lumi Education Group AS's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Lumi Education Group AS ranks #89 out of 263 companies for ROC (Joel Greenblatt) %. This puts Lumi Education Group AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 18.42. Lumi Education Group AS's value of 44.66% is 142.5% above this benchmark. While the company's 10-year median is 45.17 vs. the industry median of 18.42, Lumi Education Group AS 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.42, based on 263 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. Lumi Education Group AS's current ROC (Joel Greenblatt) % of 44.66% is 142.5% 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 Lumi Education Group AS and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumi Education Group AS's current ROC (Joel Greenblatt) % is 44.66%, which is near median its own 10-year median of 45.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumi Education Group AS stock overvalued right now?
Lumi Education Group AS (FRA:8KS) has a current ROC (Joel Greenblatt) % of 44.66%. The stock's GF Value™ is €1.26, compared to a current price of €1.60 — trading 27% above its estimated fair value. The current ROC (Joel Greenblatt) % is 44.66%, which is near median its 10-year median of 45.17 and 142.5% above the Education industry median of 18.42. Lumi Education Group AS's overall GF Score™ is 69/100 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 Lumi Education Group AS (FRA:8KS), the current ROC (Joel Greenblatt) % is 44.66% 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 Lumi Education Group AS (FRA:8KS) Overvalued in 2026?
Based on GuruFocus' analysis, Lumi Education Group AS stock appears to be overvalued.
The current stock price of €1.60 is trading 27% above its estimated GF Value™ of €1.26.
Key valuation signals for FRA:8KS:
ROC (Joel Greenblatt) %: 44.66% (near median its 10-year median of 45.17)
GF Value™: €1.26 vs. price of €1.60 (27% above fair value)
Industry Position: 142.5% above the Education median (#89 of 263)
No single metric tells the full story. See the FRA:8KS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumi Education Group AS is a Norwegian education provider. Its three main operations include: Sonans, Oslo Nye Høyskole, and EnkelEksamen. Sonans provides private candidate exam preparation courses in Norway, while Oslo Nye Høyskole offers bachelor's degree programs in health, social sciences, psychology, and business administration through on-campus and online formats. EnkelEksamen is a digital learning platform that provides online video courses and AI-based learning tools for exam preparation.
69GF Score
Get the complete analysis for FRA:8KS
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:8KS has been successfully added to your 
