Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Future Vision II AcquisitionFVN +2.92%17 ROC (Joel Greenblatt) % is -0.90% as of Jun. 2026. GuruFocus rates FVN with a GF Score™ of 17/100. Among 308 Diversified Financial Services companies, Future Vision II Acquisition ranks better than 66.23% 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. Future Vision II Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -0.90%.
The historical rank and industry rank for Future Vision II Acquisition's ROC (Joel Greenblatt) % or its related term are showing as below:
FVN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.67 Med: -0.64 Max: -0.64
Current: -0.67
During the past 2 years, Future Vision II Acquisition's highest ROC (Joel Greenblatt) % was -0.64%. The lowest was -0.67%. And the median was -0.64%.
FVN's ROC (Joel Greenblatt) % is ranked better than 66.23% of 308
companies
in the Diversified Financial Services industry
Industry Median: -254.955
vs FVN: -0.67
Future Vision II Acquisition (NAS:FVN) 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.
* 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.
Future Vision II Acquisition ROC (Joel Greenblatt) % Chart
FVN vs AASP, PHYTF, APAC: ROC (Joel Greenblatt) % Comparison
For the Shell Companies subindustry, Future Vision II Acquisition'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.
Future Vision II Acquisition ROC (Joel Greenblatt) % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Future Vision II Acquisition's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Future Vision II Acquisition's ROC (Joel Greenblatt) % falls into.
Future Vision II Acquisition 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 (Jun. 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 -0.90% mean?
Future Vision II Acquisition (FVN) has a ROC (Joel Greenblatt) % of -0.90% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Future Vision II Acquisition and its competitors. According to the industry distribution chart, Future Vision II Acquisition ranks #104 out of 308 companies in the Diversified Financial Services industry, placing it in the top 33.8%.
Is Future Vision II Acquisition's ROC (Joel Greenblatt) % too high?
Future Vision II Acquisition's current ROC (Joel Greenblatt) % is -0.90%. Based on the distribution chart, Future Vision II Acquisition ranks #104 out of 308 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Future Vision II Acquisition has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Future Vision II Acquisition's ROC (Joel Greenblatt) % compare to AASP and PHYTF?
According to the Diversified Financial Services industry distribution chart, Future Vision II Acquisition ranks #104 out of 308 companies for ROC (Joel Greenblatt) %. This puts Future Vision II Acquisition in the upper half of its industry. 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 Diversified Financial Services company?
A good ROC (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Future Vision II Acquisition and its competitors. Future Vision II Acquisition's current ROC (Joel Greenblatt) % is -0.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Vision II Acquisition stock overvalued right now?
Future Vision II Acquisition (FVN) has a current ROC (Joel Greenblatt) % of -0.90%. The current ROC (Joel Greenblatt) % is -0.90%. Future Vision II Acquisition's overall GF Score™ is 17/100. 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 Future Vision II Acquisition (FVN), the current ROC (Joel Greenblatt) % is -0.90% as of Jun. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FVN has been successfully added to your 
