iHeartMediaIHRT +1.23%56 ROC (Joel Greenblatt) % is 0.16% as of Mar. 2026, which is 96% below its 10-year median of 4.47. GuruFocus rates IHRT with a GF Score™ of 56/100 and a GF Value™ of $2.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,017 Media - Diversified companies, iHeartMedia ranks worse than 61.46% 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. iHeartMedia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.16%.
The historical rank and industry rank for iHeartMedia's ROC (Joel Greenblatt) % or its related term are showing as below:
IHRT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -50.35 Med: 4.47 Max: 61.95
Current: -1.76
During the past 13 years, iHeartMedia's highest ROC (Joel Greenblatt) % was 61.95%. The lowest was -50.35%. And the median was 4.47%.
IHRT's ROC (Joel Greenblatt) % is ranked worse than 61.46% of 1017
companies
in the Media - Diversified industry
Industry Median: 9.36
vs IHRT: -1.76
iHeartMedia's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
iHeartMedia ROC (Joel Greenblatt) % Historical Data
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The historical data trend for iHeartMedia'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.
IHRT vs GTN.A, NMAX, CAST: ROC (Joel Greenblatt) % Comparison
For the Broadcasting subindustry, iHeartMedia'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.
iHeartMedia ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, iHeartMedia's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where iHeartMedia's ROC (Joel Greenblatt) % falls into.
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 (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 0.16% mean?
iHeartMedia (IHRT) has a ROC (Joel Greenblatt) % of 0.16% 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 iHeartMedia and its competitors. This is 96% below median its historical median of 4.47. According to the industry distribution chart, iHeartMedia ranks #625 out of 1017 companies in the Media - Diversified industry, placing it in the top 61.5%.
Is iHeartMedia's ROC (Joel Greenblatt) % too high?
iHeartMedia's current ROC (Joel Greenblatt) % of 0.16% is 96% below median its 10-year median of 4.47. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.36. iHeartMedia's value of 0.16% is 98.3% below this industry median. Based on the distribution chart, iHeartMedia ranks #625 out of 1017 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, iHeartMedia has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iHeartMedia's ROC (Joel Greenblatt) % compare to GTN.A and NMAX?
According to the Media - Diversified industry distribution chart, iHeartMedia ranks #625 out of 1017 companies for ROC (Joel Greenblatt) %. This places iHeartMedia in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.36. iHeartMedia's value of 0.16% is 98.3% below this benchmark. While the company's 10-year median is 4.47 vs. the industry median of 9.36, iHeartMedia 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.36, based on 1,017 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. iHeartMedia's current ROC (Joel Greenblatt) % of 0.16% is 98.3% 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 iHeartMedia and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iHeartMedia's current ROC (Joel Greenblatt) % is 0.16%, which is 96% below median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iHeartMedia stock overvalued right now?
Based on GuruFocus' analysis, iHeartMedia (IHRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.36, compared to a current price of $4.13 — trading 75% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.16%, which is 96% below median its 10-year median of 4.47 and 98.3% below the Media - Diversified industry median of 9.36. iHeartMedia's overall GF Score™ is 56/100 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 iHeartMedia (IHRT), the current ROC (Joel Greenblatt) % is 0.16% 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 iHeartMedia (IHRT) Overvalued in 2026?
Based on GuruFocus' analysis, iHeartMedia stock appears to be overvalued.
The current stock price of $4.13 is trading 75% above its estimated GF Value™ of $2.36.
GuruFocus considers iHeartMedia to be Significantly Overvalued.
Key valuation signals for IHRT:
ROC (Joel Greenblatt) %: 0.16% (96% below median its 10-year median of 4.47)
GF Value™: $2.36 vs. price of $4.13 (75% above fair value)
Industry Position: 98.3% below the Media - Diversified median (#625 of 1017)
No single metric tells the full story. See the IHRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
iHeartMedia Inc is a United States-based audio media company. The company operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
56GF Score
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