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Red Rock ResortsFRA:RRK -1.75%82 ROC (Joel Greenblatt) % is 19.23% as of Mar. 2026, which is 29% above its 10-year median of 14.94. GuruFocus rates FRA:RRK with a GF Score™ of 82/100 and a GF Value™ of €63.83 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 844 Travel & Leisure companies, Red Rock Resorts ranks better than 67.77% 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. Red Rock Resorts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.23%.
The historical rank and industry rank for Red Rock Resorts's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:RRK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.3 Med: 14.94 Max: 26.86
Current: 20.44
During the past 13 years, Red Rock Resorts's highest ROC (Joel Greenblatt) % was 26.86%. The lowest was 2.30%. And the median was 14.94%.
FRA:RRK's ROC (Joel Greenblatt) % is ranked better than 67.77% of 844
companies
in the Travel & Leisure industry
Industry Median: 9.955
vs FRA:RRK: 20.44
Red Rock Resorts's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.00% per year.
Red Rock Resorts (FRA:RRK) 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.
Red Rock Resorts ROC (Joel Greenblatt) % Related Terms
Red Rock Resorts ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Red Rock Resorts'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.
FRA:RRK vs HGV, VAC, MTN: ROC (Joel Greenblatt) % Comparison
For the Resorts & Casinos subindustry, Red Rock Resorts'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.
Red Rock Resorts ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Red Rock Resorts's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Red Rock Resorts's ROC (Joel Greenblatt) % falls into.
Red Rock Resorts 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 19.23% mean?
Red Rock Resorts (FRA:RRK) has a ROC (Joel Greenblatt) % of 19.23% 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 Red Rock Resorts and its competitors. This is 29% above median its historical median of 14.94. Over the past decade, Red Rock Resorts' ROC (Joel Greenblatt) % has ranged from 2.30 to 26.86. According to the industry distribution chart, Red Rock Resorts ranks #272 out of 844 companies in the Travel & Leisure industry, placing it in the top 32.2%.
Is Red Rock Resorts' ROC (Joel Greenblatt) % too high?
Red Rock Resorts' current ROC (Joel Greenblatt) % of 19.23% is 29% above median its 10-year median of 14.94. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 26.86. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.96. Red Rock Resorts' value of 19.23% is 93.2% above this industry median. Based on the distribution chart, Red Rock Resorts ranks #272 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Red Rock Resorts has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Red Rock Resorts' ROC (Joel Greenblatt) % compare to HGV and VAC?
According to the Travel & Leisure industry distribution chart, Red Rock Resorts ranks #272 out of 844 companies for ROC (Joel Greenblatt) %. This puts Red Rock Resorts in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.96. Red Rock Resorts' value of 19.23% is 93.2% above this benchmark. Historically, Red Rock Resorts' own ROC (Joel Greenblatt) % has ranged from 2.30 to 26.86 over the past decade. While the company's 10-year median is 14.94 vs. the industry median of 9.96, Red Rock Resorts 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.96, 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. Red Rock Resorts's current ROC (Joel Greenblatt) % of 19.23% is 93.2% 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 Red Rock Resorts and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Rock Resorts's current ROC (Joel Greenblatt) % is 19.23%, which is 29% above median its own 10-year median of 14.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Rock Resorts stock overvalued right now?
Based on GuruFocus' analysis, Red Rock Resorts (FRA:RRK) is currently considered Modestly Undervalued. The stock's GF Value™ is €63.83, compared to a current price of €56.00 — trading 12.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.23%, which is 29% above median its 10-year median of 14.94 and 93.2% above the Travel & Leisure industry median of 9.96. Red Rock Resorts' overall GF Score™ is 82/100 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 Red Rock Resorts (FRA:RRK), the current ROC (Joel Greenblatt) % is 19.23% 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 Red Rock Resorts (FRA:RRK) Overvalued in 2026?
Based on GuruFocus' analysis, Red Rock Resorts stock appears to be undervalued.
The current stock price of €56.00 is trading 12.3% below its estimated GF Value™ of €63.83.
GuruFocus considers Red Rock Resorts to be Modestly Undervalued.
Key valuation signals for FRA:RRK:
ROC (Joel Greenblatt) %: 19.23% (29% above median its 10-year median of 14.94)
GF Value™: €63.83 vs. price of €56.00 (12.3% below fair value)
Industry Position: 93.2% above the Travel & Leisure median (#272 of 844)
No single metric tells the full story. See the FRA:RRK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos, followed by Food and Beverages, Rooms and others.
82GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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