GRDLF (Grindrod) ROC (Joel Greenblatt) %: 47.63% (As of Dec. 2025) — 135% Above Median


GRDLF Grindrod Ltd GRDLF
67 GF Score
Price $0.75
GF Value $0.43
! 6 Warning Signs
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What is Grindrod ROC (Joel Greenblatt) %?

Grindrod GRDLF -13.73% 67 ROC (Joel Greenblatt) % is 47.63% as of Dec. 2025, which is 135% above its 10-year median of 20.28. GuruFocus rates GRDLF with a GF Score™ of 67/100 and a GF Value™ of $0.43. The stock has 6 warning signs investors should review. Among 997 Transportation companies, Grindrod ranks better than 92.78% 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. Grindrod's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 47.63%.

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

GRDLF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.09   Med: 20.28   Max: 74.56
Current: 68.59

During the past 13 years, Grindrod's highest ROC (Joel Greenblatt) % was 74.56%. The lowest was -9.09%. And the median was 20.28%.

GRDLF's ROC (Joel Greenblatt) % is ranked better than
92.78% of 997 companies
in the Transportation industry
Industry Median: 11.75 vs GRDLF: 68.59

Grindrod's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 93.50% per year.


Grindrod  (OTCPK:GRDLF) 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.


Grindrod ROC (Joel Greenblatt) % Related Terms


Grindrod ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Grindrod'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.

Grindrod ROC (Joel Greenblatt) % Chart

Grindrod Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.64 52.14 66.52 35.17 77.00

Grindrod Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 71.39 61.35 13.17 89.51 47.63

GRDLF vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Grindrod'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.


Grindrod ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Grindrod's ROC (Joel Greenblatt) % falls into.


GRDLF
67GF Score
Grindrod Ltd GRDLF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grindrod 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126.243 + 13.137 + 11.487) - (111.086 + 0 + 5.779)
=34.002

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.694 + 13.656 + 30.127) - (98.797 + 0 + 43.613)
=-39.933

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Grindrod for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=129.474/( ( (240.867 + max(34.002, 0)) + (268.753 + max(-39.933, 0)) )/ 2 )
=129.474/( ( 274.869 + 268.753 )/ 2 )
=129.474/271.811
=47.63 %

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 47.63% mean?
Grindrod (GRDLF) has a ROC (Joel Greenblatt) % of 47.63% 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 Grindrod and its competitors. This is 135% above median its historical median of 20.28. According to the industry distribution chart, Grindrod ranks #72 out of 997 companies in the Transportation industry, placing it in the top 7.2%.
Is Grindrod's ROC (Joel Greenblatt) % too high?
Grindrod's current ROC (Joel Greenblatt) % of 47.63% is 135% above median its 10-year median of 20.28. The Transportation industry median ROC (Joel Greenblatt) % is 11.75. Grindrod's value of 47.63% is 305.4% above this industry median. Based on the distribution chart, Grindrod ranks #72 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Grindrod has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Grindrod's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Grindrod ranks #72 out of 997 companies for ROC (Joel Greenblatt) %. This places Grindrod in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. Grindrod's value of 47.63% is 305.4% above this benchmark. While the company's 10-year median is 20.28 vs. the industry median of 11.75, Grindrod 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.75, based on 997 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. Grindrod's current ROC (Joel Greenblatt) % of 47.63% is 305.4% 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 Grindrod and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindrod's current ROC (Joel Greenblatt) % is 47.63%, which is 135% above median its own 10-year median of 20.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindrod stock overvalued right now?
Grindrod (GRDLF) has a current ROC (Joel Greenblatt) % of 47.63%. The stock's GF Value™ is $0.43, compared to a current price of $0.75 — trading 74.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.63%, which is 135% above median its 10-year median of 20.28 and 305.4% above the Transportation industry median of 11.75. Grindrod's overall GF Score™ is 67/100 with 6 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 Grindrod (GRDLF), the current ROC (Joel Greenblatt) % is 47.63% 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 Grindrod (GRDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Grindrod stock appears to be overvalued. The current stock price of $0.75 is trading 74.1% above its estimated GF Value™ of $0.43.

Key valuation signals for GRDLF:

  • ROC (Joel Greenblatt) %: 47.63% (135% above median its 10-year median of 20.28)
  • GF Value™: $0.43 vs. price of $0.75 (74.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 305.4% above the Transportation median (#72 of 997)

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


Grindrod Business Description

Address 106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001
Grindrod Ltd is a provider of logistic solutions. The company provides solutions through its warehousing, distribution, container depots and transport capabilities. It also offers all-encompassing integrated solutions through a single point of contact, including multi-modal road and rail bulk solutions connecting customers via various trade corridors. It also offers freight forwarding, customs brokerage, contract logistics, project logistics and digital solutions and provides ships agency, logistics and marine technical and engineering services to the maritime, offshore and oil and gas sectors. Its segments include Port and Terminals, and The Logistics segment operates a ships agency, clearing and forwarding and rail services as well as containers handling landside operations.
67GF Score

Get the complete analysis for GRDLF

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

$0.75
Price
$0.43
GF Value