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Grand Canyon EducationFRA:GKD +1.03%87 ROC (Joel Greenblatt) % is 138.26% as of Mar. 2026, which is 31% above its 10-year median of 105.78. GuruFocus rates FRA:GKD with a GF Score™ of 87/100 and a GF Value™ of €153.11. The stock has 2 warning signs investors should review. Among 263 Education companies, Grand Canyon Education ranks better than 84.79% 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. Grand Canyon Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 138.26%.
The historical rank and industry rank for Grand Canyon Education's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:GKD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.18 Med: 105.78 Max: 200.21
Current: 110.87
During the past 13 years, Grand Canyon Education's highest ROC (Joel Greenblatt) % was 200.21%. The lowest was 31.18%. And the median was 105.78%.
FRA:GKD's ROC (Joel Greenblatt) % is ranked better than 84.79% of 263
companies
in the Education industry
Industry Median: 18.42
vs FRA:GKD: 110.87
Grand Canyon Education's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -12.70% per year.
Grand Canyon Education (FRA:GKD) 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.
Grand Canyon Education ROC (Joel Greenblatt) % Related Terms
Grand Canyon Education ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Grand Canyon Education'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.
Grand Canyon Education ROC (Joel Greenblatt) % Chart
FRA:GKD vs LRN, CVSA, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, Grand Canyon Education'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.
Grand Canyon Education ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, Grand Canyon Education's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grand Canyon Education's ROC (Joel Greenblatt) % falls into.
Grand Canyon Education 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 138.26% mean?
Grand Canyon Education (FRA:GKD) has a ROC (Joel Greenblatt) % of 138.26% 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 Grand Canyon Education and its competitors. This is 31% above median its historical median of 105.78. Over the past decade, Grand Canyon Education's ROC (Joel Greenblatt) % has ranged from 31.18 to 200.21. According to the industry distribution chart, Grand Canyon Education ranks #40 out of 263 companies in the Education industry, placing it in the top 15.2%.
Is Grand Canyon Education's ROC (Joel Greenblatt) % too high?
Grand Canyon Education's current ROC (Joel Greenblatt) % of 138.26% is 31% above median its 10-year median of 105.78. Over the past 10 years, this metric has ranged from a low of 31.18 to a high of 200.21. The Education industry median ROC (Joel Greenblatt) % is 18.42. Grand Canyon Education's value of 138.26% is 650.6% above this industry median. Based on the distribution chart, Grand Canyon Education ranks #40 out of 263 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Canyon Education has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Grand Canyon Education's ROC (Joel Greenblatt) % compare to LRN and CVSA?
According to the Education industry distribution chart, Grand Canyon Education ranks #40 out of 263 companies for ROC (Joel Greenblatt) %. This places Grand Canyon Education in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 18.42. Grand Canyon Education's value of 138.26% is 650.6% above this benchmark. Historically, Grand Canyon Education's own ROC (Joel Greenblatt) % has ranged from 31.18 to 200.21 over the past decade. While the company's 10-year median is 105.78 vs. the industry median of 18.42, Grand Canyon Education 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. Grand Canyon Education's current ROC (Joel Greenblatt) % of 138.26% is 650.6% 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 Grand Canyon Education 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. Grand Canyon Education's current ROC (Joel Greenblatt) % is 138.26%, which is 31% above median its own 10-year median of 105.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Canyon Education stock overvalued right now?
Grand Canyon Education (FRA:GKD) has a current ROC (Joel Greenblatt) % of 138.26%. The stock's GF Value™ is €153.11, compared to a current price of €122.05 — trading 20.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 138.26%, which is 31% above median its 10-year median of 105.78 and 650.6% above the Education industry median of 18.42. Grand Canyon Education's overall GF Score™ is 87/100 with 2 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 Grand Canyon Education (FRA:GKD), the current ROC (Joel Greenblatt) % is 138.26% 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 Grand Canyon Education (FRA:GKD) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Canyon Education stock appears to be undervalued.
The current stock price of €122.05 is trading 20.3% below its estimated GF Value™ of €153.11.
Key valuation signals for FRA:GKD:
ROC (Joel Greenblatt) %: 138.26% (31% above median its 10-year median of 105.78)
GF Value™: €153.11 vs. price of €122.05 (20.3% below fair value)
Industry Position: 650.6% above the Education median (#40 of 263)
No single metric tells the full story. See the FRA:GKD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Canyon Education Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases, and certificates across nine colleges, both online and on the ground at its campus in Phoenix, Arizona, and at four off-site classroom andlaboratory sites. The Company generates all of its revenue through service agreements with its university partners.
87GF Score
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