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.
Ranger Energy ServicesFRA:97L +0.73%75 ROC (Joel Greenblatt) % is 5.52% as of Mar. 2026, which is 168% above its 10-year median of 2.06. GuruFocus rates FRA:97L with a GF Score™ of 75/100 and a GF Value™ of €11.31 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 998 Oil & Gas companies, Ranger Energy Services ranks worse than 51.4% 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. Ranger Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.52%.
The historical rank and industry rank for Ranger Energy Services's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:97L'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.64 Med: 2.06 Max: 12.39
Current: 7.77
During the past 11 years, Ranger Energy Services's highest ROC (Joel Greenblatt) % was 12.39%. The lowest was -13.64%. And the median was 2.06%.
FRA:97L's ROC (Joel Greenblatt) % is ranked worse than 51.4% of 998
companies
in the Oil & Gas industry
Industry Median: 8.505
vs FRA:97L: 7.77
Ranger Energy Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Ranger Energy Services (FRA:97L) 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.
Ranger Energy Services ROC (Joel Greenblatt) % Related Terms
Ranger Energy Services ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ranger Energy Services'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.
Ranger Energy Services ROC (Joel Greenblatt) % Chart
FRA:97L vs OIS, CLB, EROK: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Ranger Energy Services'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.
Ranger Energy Services ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ranger Energy Services's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ranger Energy Services's ROC (Joel Greenblatt) % falls into.
Ranger Energy Services 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 5.52% mean?
Ranger Energy Services (FRA:97L) has a ROC (Joel Greenblatt) % of 5.52% 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 Ranger Energy Services and its competitors. This is 168% above median its historical median of 2.06. According to the industry distribution chart, Ranger Energy Services ranks #513 out of 998 companies in the Oil & Gas industry, placing it in the top 51.4%.
Is Ranger Energy Services' ROC (Joel Greenblatt) % too high?
Ranger Energy Services' current ROC (Joel Greenblatt) % of 5.52% is 168% above median its 10-year median of 2.06. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.51. Ranger Energy Services' value of 5.52% is 35.1% below this industry median. Based on the distribution chart, Ranger Energy Services ranks #513 out of 998 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ranger Energy Services has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ranger Energy Services' ROC (Joel Greenblatt) % compare to OIS and CLB?
According to the Oil & Gas industry distribution chart, Ranger Energy Services ranks #513 out of 998 companies for ROC (Joel Greenblatt) %. This places Ranger Energy Services in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.51. Ranger Energy Services' value of 5.52% is 35.1% below this benchmark. While the company's 10-year median is 2.06 vs. the industry median of 8.51, Ranger Energy Services has consistently been below 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.51, based on 998 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. Ranger Energy Services's current ROC (Joel Greenblatt) % of 5.52% is 35.1% below 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 Ranger Energy Services and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranger Energy Services's current ROC (Joel Greenblatt) % is 5.52%, which is 168% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranger Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ranger Energy Services (FRA:97L) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.31, compared to a current price of €13.80 — trading 22% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.52%, which is 168% above median its 10-year median of 2.06 and 35.1% below the Oil & Gas industry median of 8.51. Ranger Energy Services' overall GF Score™ is 75/100 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 Ranger Energy Services (FRA:97L), the current ROC (Joel Greenblatt) % is 5.52% 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 Ranger Energy Services (FRA:97L) Overvalued in 2026?
Based on GuruFocus' analysis, Ranger Energy Services stock appears to be overvalued.
The current stock price of €13.80 is trading 22% above its estimated GF Value™ of €11.31.
GuruFocus considers Ranger Energy Services to be Modestly Overvalued.
Key valuation signals for FRA:97L:
ROC (Joel Greenblatt) %: 5.52% (168% above median its 10-year median of 2.06)
GF Value™: €11.31 vs. price of €13.80 (22% above fair value)
Industry Position: 35.1% below the Oil & Gas median (#513 of 998)
No single metric tells the full story. See the FRA:97L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ranger Energy Services Inc offers high specification mobile rig well services, cased hole wireline services, and ancillary services in the U.S. oil and gas industry. Its services facilitate operations throughout the lifecycle of a well, including the completion, production, maintenance, intervention, workover, and abandonment phases. The company's reportable segments are: High Specification Rigs, Wireline Services, Processing Solutions and Ancillary Services. Maximum revenue is generated from the High Specification Rigs segment, which offers high specification well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. The high specification rig services consist of well completion support, workovers, and well maintenance services.
75GF Score
Get the complete analysis for FRA:97L
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:97L has been successfully added to your 
