Woolworths HoldingsFRA:WN3 +2.29%74 ROC (Joel Greenblatt) % is 36.38% as of Dec. 2025, which is 34% above its 10-year median of 27.22. GuruFocus rates FRA:WN3 with a GF Score™ of 74/100 and a GF Value™ of €3.69. The stock has 4 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Woolworths Holdings ranks better than 73.24% 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. Woolworths Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 36.38%.
The historical rank and industry rank for Woolworths Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:WN3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.42 Med: 27.22 Max: 54.73
Current: 25.57
During the past 13 years, Woolworths Holdings's highest ROC (Joel Greenblatt) % was 54.73%. The lowest was -9.42%. And the median was 27.22%.
FRA:WN3's ROC (Joel Greenblatt) % is ranked better than 73.24% of 1121
companies
in the Retail - Cyclical industry
Industry Median: 11.51
vs FRA:WN3: 25.57
Woolworths Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.70% per year.
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.
Woolworths Holdings ROC (Joel Greenblatt) % Related Terms
Woolworths Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Woolworths Holdings'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:WN3 vs DDS, M: ROC (Joel Greenblatt) % Comparison
For the Department Stores subindustry, Woolworths Holdings'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.
Woolworths Holdings ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Woolworths Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Woolworths Holdings's ROC (Joel Greenblatt) % falls into.
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 36.38% mean?
Woolworths Holdings (FRA:WN3) has a ROC (Joel Greenblatt) % of 36.38% 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 Woolworths Holdings and its competitors. This is 34% above median its historical median of 27.22. According to the industry distribution chart, Woolworths Holdings ranks #300 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 26.8%.
Is Woolworths Holdings' ROC (Joel Greenblatt) % too high?
Woolworths Holdings' current ROC (Joel Greenblatt) % of 36.38% is 34% above median its 10-year median of 27.22. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.51. Woolworths Holdings' value of 36.38% is 216.1% above this industry median. Based on the distribution chart, Woolworths Holdings ranks #300 out of 1121 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Woolworths Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Woolworths Holdings' ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Woolworths Holdings ranks #300 out of 1121 companies for ROC (Joel Greenblatt) %. This puts Woolworths Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.51. Woolworths Holdings' value of 36.38% is 216.1% above this benchmark. While the company's 10-year median is 27.22 vs. the industry median of 11.51, Woolworths Holdings 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 11.51, based on 1,121 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. Woolworths Holdings's current ROC (Joel Greenblatt) % of 36.38% is 216.1% 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 Woolworths Holdings and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Woolworths Holdings's current ROC (Joel Greenblatt) % is 36.38%, which is 34% above median its own 10-year median of 27.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woolworths Holdings stock overvalued right now?
Woolworths Holdings (FRA:WN3) has a current ROC (Joel Greenblatt) % of 36.38%. The stock's GF Value™ is €3.69, compared to a current price of €2.68 — trading 27.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 36.38%, which is 34% above median its 10-year median of 27.22 and 216.1% above the Retail - Cyclical industry median of 11.51. Woolworths Holdings' overall GF Score™ is 74/100 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 Woolworths Holdings (FRA:WN3), the current ROC (Joel Greenblatt) % is 36.38% 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 Woolworths Holdings (FRA:WN3) Overvalued in 2026?
Based on GuruFocus' analysis, Woolworths Holdings stock appears to be undervalued.
The current stock price of €2.68 is trading 27.4% below its estimated GF Value™ of €3.69.
Key valuation signals for FRA:WN3:
ROC (Joel Greenblatt) %: 36.38% (34% above median its 10-year median of 27.22)
GF Value™: €3.69 vs. price of €2.68 (27.4% below fair value)
Industry Position: 216.1% above the Retail - Cyclical median (#300 of 1121)
No single metric tells the full story. See the FRA:WN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Woolworths Holdings Ltd is a southern hemisphere retail Group. Its current operations are conducted through its two operating subsidiaries. The segments involve: Fashion, Beauty and Home; Food; Logistics; Woolworths Financial Services; Country Road Group; and Treasury. It derives maximum revenue from Food Segment. Geographically, It operates iun South Africa, Australia and New Zealand and Rest of Africa.
74GF Score
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