Abercrombie & Fitch CoFRA:AFT -1.51%86 ROC (Joel Greenblatt) % is 21.31% as of Apr. 2026, which is 60% above its 10-year median of 13.34. GuruFocus rates FRA:AFT with a GF Score™ of 86/100 and a GF Value™ of €97.61 (Modestly Undervalued). Among 1,122 Retail - Cyclical companies, Abercrombie & Fitch Co ranks better than 85.29% 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. Abercrombie & Fitch Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 21.31%.
The historical rank and industry rank for Abercrombie & Fitch Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:AFT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1 Med: 13.34 Max: 60.17
Current: 42.48
During the past 13 years, Abercrombie & Fitch Co's highest ROC (Joel Greenblatt) % was 60.17%. The lowest was -1.00%. And the median was 13.34%.
FRA:AFT's ROC (Joel Greenblatt) % is ranked better than 85.29% of 1122
companies
in the Retail - Cyclical industry
Industry Median: 11.5
vs FRA:AFT: 42.48
Abercrombie & Fitch Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Abercrombie & Fitch Co (FRA:AFT) 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.
Abercrombie & Fitch Co ROC (Joel Greenblatt) % Related Terms
Abercrombie & Fitch Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Abercrombie & Fitch Co'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.
Abercrombie & Fitch Co ROC (Joel Greenblatt) % Chart
FRA:AFT vs AEO, BOOT, BKE: ROC (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, Abercrombie & Fitch Co'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.
Abercrombie & Fitch Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Abercrombie & Fitch Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Abercrombie & Fitch Co's ROC (Joel Greenblatt) % falls into.
Abercrombie & Fitch Co 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 (Apr. 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 21.31% mean?
Abercrombie & Fitch Co (FRA:AFT) has a ROC (Joel Greenblatt) % of 21.31% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Abercrombie & Fitch Co and its competitors. This is 60% above median its historical median of 13.34. According to the industry distribution chart, Abercrombie & Fitch Co ranks #165 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 14.7%.
Is Abercrombie & Fitch Co's ROC (Joel Greenblatt) % too high?
Abercrombie & Fitch Co's current ROC (Joel Greenblatt) % of 21.31% is 60% above median its 10-year median of 13.34. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.50. Abercrombie & Fitch Co's value of 21.31% is 85.3% above this industry median. Based on the distribution chart, Abercrombie & Fitch Co ranks #165 out of 1122 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Abercrombie & Fitch Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abercrombie & Fitch Co's ROC (Joel Greenblatt) % compare to AEO and BOOT?
According to the Retail - Cyclical industry distribution chart, Abercrombie & Fitch Co ranks #165 out of 1122 companies for ROC (Joel Greenblatt) %. This places Abercrombie & Fitch Co in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.50. Abercrombie & Fitch Co's value of 21.31% is 85.3% above this benchmark. While the company's 10-year median is 13.34 vs. the industry median of 11.50, Abercrombie & Fitch Co 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.50, based on 1,122 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. Abercrombie & Fitch Co's current ROC (Joel Greenblatt) % of 21.31% is 85.3% 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 Abercrombie & Fitch Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abercrombie & Fitch Co's current ROC (Joel Greenblatt) % is 21.31%, which is 60% above median its own 10-year median of 13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abercrombie & Fitch Co stock overvalued right now?
Based on GuruFocus' analysis, Abercrombie & Fitch Co (FRA:AFT) is currently considered Modestly Undervalued. The stock's GF Value™ is €97.61, compared to a current price of €78.20 — trading 19.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.31%, which is 60% above median its 10-year median of 13.34 and 85.3% above the Retail - Cyclical industry median of 11.50. Abercrombie & Fitch Co's overall GF Score™ is 86/100. 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 Abercrombie & Fitch Co (FRA:AFT), the current ROC (Joel Greenblatt) % is 21.31% as of Apr. 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 Abercrombie & Fitch Co (FRA:AFT) Overvalued in 2026?
Based on GuruFocus' analysis, Abercrombie & Fitch Co stock appears to be undervalued.
The current stock price of €78.20 is trading 19.9% below its estimated GF Value™ of €97.61.
GuruFocus considers Abercrombie & Fitch Co to be Modestly Undervalued.
Key valuation signals for FRA:AFT:
ROC (Joel Greenblatt) %: 21.31% (60% above median its 10-year median of 13.34)
GF Value™: €97.61 vs. price of €78.20 (19.9% below fair value)
Industry Position: 85.3% above the Retail - Cyclical median (#165 of 1122)
No single metric tells the full story. See the FRA:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abercrombie & Fitch Co is a digitally led, omnichannel retailer offering apparel, personal care products, and accessories for men, women, and kids through company-owned stores, digital channels, and third-party arrangements. The company operates through three geographic segments: Americas, the maximum revenue generator; Europe, the Middle East and Africa (EMEA); and Asia-Pacific (APAC). Its brand families include Abercrombie brands and Hollister brands. The Americas segment covers North and South America, EMEA includes Europe, the Middle East and Africa, and APAC includes the Asia-Pacific region, including Asia and Oceania.
86GF Score
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