HLFDF (Halfords Group) ROC (Joel Greenblatt) %: 19.28% (As of Mar. 2026) — Near Median


HLFDF Halfords Group PLC HLFDF
70 GF Score
Price $1.71
GF Value $1.15
! 8 Warning Signs
View Full Analysis

What is Halfords Group ROC (Joel Greenblatt) %?

Halfords Group HLFDF 70 ROC (Joel Greenblatt) % is 19.28% as of Mar. 2026, which is 8% above its 10-year median of 17.77. GuruFocus rates HLFDF with a GF Score™ of 70/100 and a GF Value™ of $1.15. The stock has 8 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Halfords Group ranks better than 58.25% 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. Halfords Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.28%.

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

HLFDF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.73   Med: 17.77   Max: 69.78
Current: 16.25

During the past 13 years, Halfords Group's highest ROC (Joel Greenblatt) % was 69.78%. The lowest was -5.73%. And the median was 17.77%.

HLFDF's ROC (Joel Greenblatt) % is ranked better than
58.25% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 11.51 vs HLFDF: 16.25

Halfords Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Halfords Group  (OTCPK:HLFDF) 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.


Halfords Group ROC (Joel Greenblatt) % Related Terms


Halfords Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Halfords Group'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.

Halfords Group ROC (Joel Greenblatt) % Chart

Halfords Group 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 25.31 10.92 13.16 -5.78 16.39

Halfords Group 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 10.79 12.87 -24.60 13.54 19.28

HLFDF vs CASY, WSM, DKS: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Halfords Group'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.


Halfords Group ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Halfords Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


HLFDF
70GF Score
Halfords Group PLC HLFDF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Halfords Group 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)
=(205.27 + 317.973 + 1.6209999999999) - (525.27 + 0 + 24.73)
=-25.136

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(208.267 + 307.733 + 1.734) - (499.733 + 0 + 18.8)
=-0.79899999999992

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Halfords Group 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 )
=84.8/( ( (438.784 + max(-25.136, 0)) + (440.8 + max(-0.79899999999992, 0)) )/ 2 )
=84.8/( ( 438.784 + 440.8 )/ 2 )
=84.8/439.792
=19.28 %

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 19.28% mean?
Halfords Group (HLFDF) has a ROC (Joel Greenblatt) % of 19.28% 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 Halfords Group and its competitors. This is near median its historical median of 17.77. According to the industry distribution chart, Halfords Group ranks #468 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 41.7%.
Is Halfords Group's ROC (Joel Greenblatt) % too high?
Halfords Group's current ROC (Joel Greenblatt) % of 19.28% is near median its 10-year median of 17.77. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.51. Halfords Group's value of 19.28% is 67.5% above this industry median. Based on the distribution chart, Halfords Group ranks #468 out of 1121 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Halfords Group has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Halfords Group's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Halfords Group ranks #468 out of 1121 companies for ROC (Joel Greenblatt) %. This puts Halfords Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.51. Halfords Group's value of 19.28% is 67.5% above this benchmark. While the company's 10-year median is 17.77 vs. the industry median of 11.51, Halfords Group 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. Halfords Group's current ROC (Joel Greenblatt) % of 19.28% is 67.5% 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 Halfords Group 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. Halfords Group's current ROC (Joel Greenblatt) % is 19.28%, which is near median its own 10-year median of 17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halfords Group stock overvalued right now?
Halfords Group (HLFDF) has a current ROC (Joel Greenblatt) % of 19.28%. The stock's GF Value™ is $1.15, compared to a current price of $1.71 — trading 48.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.28%, which is near median its 10-year median of 17.77 and 67.5% above the Retail - Cyclical industry median of 11.51. Halfords Group's overall GF Score™ is 70/100 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 Halfords Group (HLFDF), the current ROC (Joel Greenblatt) % is 19.28% 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 Halfords Group (HLFDF) Overvalued in 2026?

Based on GuruFocus' analysis, Halfords Group stock appears to be overvalued. The current stock price of $1.71 is trading 48.7% above its estimated GF Value™ of $1.15.

Key valuation signals for HLFDF:

  • ROC (Joel Greenblatt) %: 19.28% (near median its 10-year median of 17.77)
  • GF Value™: $1.15 vs. price of $1.71 (48.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 67.5% above the Retail - Cyclical median (#468 of 1121)

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


Halfords Group Business Description

Other Exchanges HFDl:UKHFD:UKHDK:Germany
Address Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE
Halfords Group PLC is a retailer of automotive and cycling products. The company also provides vehicle servicing, maintenance, and repairs through garages and mobile vans. It is also engaged in the provision of software as a service. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: Retail and Autocentres. The Retail segment which derives maximum revenue, operates retail outlets for its automotive, leisure, and cycling products. The Autocentres segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.
70GF Score

Get the complete analysis for HLFDF

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

$1.71
Price
$1.15
GF Value