FTUAF (Fuller Smith & Turner) ROC (Joel Greenblatt) %: 4.33% (As of Mar. 2026) — 10% Below Median


FTUAF Fuller Smith & Turner PLC FTUAF
82 GF Score
Price $8.85
GF Value $8.98
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Fuller Smith & Turner ROC (Joel Greenblatt) %?

Fuller Smith & Turner FTUAF 82 ROC (Joel Greenblatt) % is 4.33% as of Mar. 2026, which is 10% below its 10-year median of 4.83. GuruFocus rates FTUAF with a GF Score™ of 82/100 and a GF Value™ of $8.98 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 363 Restaurants companies, Fuller Smith & Turner ranks worse than 56.2% 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. Fuller Smith & Turner's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.33%.

The historical rank and industry rank for Fuller Smith & Turner's ROC (Joel Greenblatt) % or its related term are showing as below:

FTUAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.07   Med: 4.83   Max: 8.67
Current: 6.39

During the past 13 years, Fuller Smith & Turner's highest ROC (Joel Greenblatt) % was 8.67%. The lowest was -7.07%. And the median was 4.83%.

FTUAF's ROC (Joel Greenblatt) % is ranked worse than
56.2% of 363 companies
in the Restaurants industry
Industry Median: 8.45 vs FTUAF: 6.39

Fuller Smith & Turner's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Fuller Smith & Turner  (OTCPK:FTUAF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Fuller Smith & Turner ROC (Joel Greenblatt) % Related Terms


Fuller Smith & Turner ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fuller Smith & Turner'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.

Fuller Smith & Turner ROC (Joel Greenblatt) % Chart

Fuller Smith & Turner Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.34 4.55 7.49 6.48

Fuller Smith & Turner Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 11.43 3.63 8.64 4.33

FTUAF vs MCD, SBUX, CMG: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, Fuller Smith & Turner'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.


Fuller Smith & Turner ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fuller Smith & Turner's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fuller Smith & Turner's ROC (Joel Greenblatt) % falls into.


FTUAF
82GF Score
Fuller Smith & Turner PLC FTUAF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuller Smith & Turner 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.216 + 6.216 + 3.514) - (71.757 + 0 + 0.27)
=-41.081

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.8 + 6.133 + 4.134) - (42.667 + 0 + 36.4)
=-66

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fuller Smith & Turner for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.334/( ( (863.378 + max(-41.081, 0)) + (862 + max(-66, 0)) )/ 2 )
=37.334/( ( 863.378 + 862 )/ 2 )
=37.334/862.689
=4.33 %

Note: The EBIT data used here is two times the semi-annual (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 4.33% mean?
Fuller Smith & Turner (FTUAF) has a ROC (Joel Greenblatt) % of 4.33% 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 Fuller Smith & Turner and its competitors. This is 10% below median its historical median of 4.83. According to the industry distribution chart, Fuller Smith & Turner ranks #204 out of 363 companies in the Restaurants industry, placing it in the top 56.2%.
Is Fuller Smith & Turner's ROC (Joel Greenblatt) % too high?
Fuller Smith & Turner's current ROC (Joel Greenblatt) % of 4.33% is 10% below median its 10-year median of 4.83. The Restaurants industry median ROC (Joel Greenblatt) % is 8.45. Fuller Smith & Turner's value of 4.33% is 48.8% below this industry median. Based on the distribution chart, Fuller Smith & Turner ranks #204 out of 363 companies in the Restaurants industry, which is below the industry midpoint. Overall, Fuller Smith & Turner has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuller Smith & Turner's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Fuller Smith & Turner ranks #204 out of 363 companies for ROC (Joel Greenblatt) %. This places Fuller Smith & Turner in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.45. Fuller Smith & Turner's value of 4.33% is 48.8% below this benchmark. While the company's 10-year median is 4.83 vs. the industry median of 8.45, Fuller Smith & Turner 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 a Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.45, based on 363 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. Fuller Smith & Turner's current ROC (Joel Greenblatt) % of 4.33% is 48.8% 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 Fuller Smith & Turner and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuller Smith & Turner's current ROC (Joel Greenblatt) % is 4.33%, which is 10% below median its own 10-year median of 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuller Smith & Turner stock overvalued right now?
Based on GuruFocus' analysis, Fuller Smith & Turner (FTUAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.98, compared to a current price of $8.85 — trading 1.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.33%, which is 10% below median its 10-year median of 4.83 and 48.8% below the Restaurants industry median of 8.45. Fuller Smith & Turner's 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 Fuller Smith & Turner (FTUAF), the current ROC (Joel Greenblatt) % is 4.33% 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 Fuller Smith & Turner (FTUAF) Overvalued in 2026?

Based on GuruFocus' analysis, Fuller Smith & Turner stock appears to be undervalued. The current stock price of $8.85 is trading 1.4% below its estimated GF Value™ of $8.98. GuruFocus considers Fuller Smith & Turner to be Significantly Undervalued.

Key valuation signals for FTUAF:

  • ROC (Joel Greenblatt) %: 4.33% (10% below median its 10-year median of 4.83)
  • GF Value™: $8.98 vs. price of $8.85 (1.4% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 48.8% below the Restaurants median (#204 of 363)

No single metric tells the full story. See the FTUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuller Smith & Turner Business Description

Other Exchanges FSTAl:UKFSTA:UK54GW.PFD:UK
Address 86-93 Strand-on-the-Green, Pier House, London, GBR, W4 3NN
Fuller Smith & Turner PLC is a family-owned operator of pubs and hotels in the United Kingdom. The company functions through two segments: Managed Pubs and Hotels and Tenanted Inns. Managed Pubs and Hotels, which comprises managed pubs, managed hotels, Bel & The Dragon, and Cotswold Inns & Hotels. Tenanted Inns, comprises pubs operated by third parties under tenancy or lease agreements. Managed Pubs and Hotels segment generates majority of the revenue for the company. All of the Group's business is within the UK.
82GF Score

Get the complete analysis for FTUAF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.85
Price
$8.98
GF Value