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IG Group HoldingsIGGRF 73 ROC (Joel Greenblatt) % is 243.08% as of May. 2025, which is 63% above its 10-year median of 149.28. GuruFocus rates IGGRF with a GF Score™ of 73/100 and a GF Value™ of $13.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 678 Capital Markets companies, IG Group Holdings ranks better than 80.09% 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. IG Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2025 was 243.08%.
The historical rank and industry rank for IG Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
IGGRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 74.32 Med: 149.28 Max: 1016.54
Current: 330.09
During the past 13 years, IG Group Holdings's highest ROC (Joel Greenblatt) % was 1016.54%. The lowest was 74.32%. And the median was 149.28%.
IGGRF's ROC (Joel Greenblatt) % is ranked better than 80.09% of 678
companies
in the Capital Markets industry
Industry Median: 34.895
vs IGGRF: 330.09
IG Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 63.30% per year.
IG Group Holdings (OTCPK:IGGRF) 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.
IG Group Holdings ROC (Joel Greenblatt) % Related Terms
IG Group Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for IG Group 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.
IGGRF vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, IG Group 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.
IG Group Holdings ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IG Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IG Group Holdings's ROC (Joel Greenblatt) % falls into.
IG Group Holdings 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 two times the semi-annual (May. 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 243.08% mean?
IG Group Holdings (IGGRF) has a ROC (Joel Greenblatt) % of 243.08% as of May. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on IG Group Holdings and its competitors. This is 63% above median its historical median of 149.28. Over the past decade, IG Group Holdings' ROC (Joel Greenblatt) % has ranged from 74.32 to 1,016.54. According to the industry distribution chart, IG Group Holdings ranks #135 out of 678 companies in the Capital Markets industry, placing it in the top 19.9%.
Is IG Group Holdings' ROC (Joel Greenblatt) % too high?
IG Group Holdings' current ROC (Joel Greenblatt) % of 243.08% is 63% above median its 10-year median of 149.28. Over the past 10 years, this metric has ranged from a low of 74.32 to a high of 1,016.54. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.90. IG Group Holdings' value of 243.08% is 596.6% above this industry median. Based on the distribution chart, IG Group Holdings ranks #135 out of 678 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IG Group Holdings has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Group Holdings' ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, IG Group Holdings ranks #135 out of 678 companies for ROC (Joel Greenblatt) %. This places IG Group Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 34.90. IG Group Holdings' value of 243.08% is 596.6% above this benchmark. Historically, IG Group Holdings' own ROC (Joel Greenblatt) % has ranged from 74.32 to 1,016.54 over the past decade. While the company's 10-year median is 149.28 vs. the industry median of 34.90, IG Group 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.90, based on 678 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. IG Group Holdings's current ROC (Joel Greenblatt) % of 243.08% is 596.6% 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 IG Group Holdings and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Group Holdings's current ROC (Joel Greenblatt) % is 243.08%, which is 63% above median its own 10-year median of 149.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IG Group Holdings (IGGRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.74, compared to a current price of $24.30 — trading 76.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 243.08%, which is 63% above median its 10-year median of 149.28 and 596.6% above the Capital Markets industry median of 34.90. IG Group Holdings' overall GF Score™ is 73/100 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 IG Group Holdings (IGGRF), the current ROC (Joel Greenblatt) % is 243.08% as of May. 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 IG Group Holdings (IGGRF) Overvalued in 2026?
Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued.
The current stock price of $24.30 is trading 76.9% above its estimated GF Value™ of $13.74.
GuruFocus considers IG Group Holdings to be Significantly Overvalued.
Key valuation signals for IGGRF:
ROC (Joel Greenblatt) %: 243.08% (63% above median its 10-year median of 149.28)
GF Value™: $13.74 vs. price of $24.30 (76.9% above fair value)
Industry Position: 596.6% above the Capital Markets median (#135 of 678)
No single metric tells the full story. See the IGGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.
73GF Score
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