Acsion (JSE:ACS) ROC (Joel Greenblatt) %: 167.69% (As of Feb. 2026) — 22% Below Median

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JSE:ACS Acsion Ltd JSE:ACS
82 GF Score
Price R9.00
GF Value R8.29
Valuation Fairly Valued
! 5 Warning Signs
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What is Acsion ROC (Joel Greenblatt) %?

Acsion JSE:ACS 82 ROC (Joel Greenblatt) % is 167.69% as of Feb. 2026, which is 22% below its 10-year median of 213.88. GuruFocus rates JSE:ACS with a GF Score™ of 82/100 and a GF Value™ of R8.29 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,752 Real Estate companies, Acsion ranks better than 82.08% 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. Acsion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 167.69%.

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

JSE:ACS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.72   Med: 213.88   Max: 1502.24
Current: 175.06

During the past 12 years, Acsion's highest ROC (Joel Greenblatt) % was 1502.24%. The lowest was 16.72%. And the median was 213.88%.

JSE:ACS's ROC (Joel Greenblatt) % is ranked better than
82.08% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs JSE:ACS: 175.06

Acsion's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 41.50% per year.


Acsion  (JSE:ACS) 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.


Acsion ROC (Joel Greenblatt) % Related Terms


Acsion ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Acsion'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.

Acsion ROC (Joel Greenblatt) % Chart

Acsion Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.76 150.88 185.00 263.69 173.79

Acsion Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 103.98 211.18 326.47 183.69 167.69

Acsion ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Acsion'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.


Acsion ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Acsion's ROC (Joel Greenblatt) % distribution charts can be found below:

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


JSE:ACS
82GF Score
Acsion Ltd JSE:ACS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acsion 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.913 + 56.853 + 40.823) - (438.734 + 0 + 10.248)
=-293.393

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.74 + 50.635 + 56.75) - (347.379 + 0 + 11.991)
=-227.245

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Acsion for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1407.056/( ( (830.731 + max(-293.393, 0)) + (847.439 + max(-227.245, 0)) )/ 2 )
=1407.056/( ( 830.731 + 847.439 )/ 2 )
=1407.056/839.085
=167.69 %

Note: The EBIT data used here is two times the semi-annual (Feb. 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 167.69% mean?
Acsion (JSE:ACS) has a ROC (Joel Greenblatt) % of 167.69% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Acsion and its competitors. This is 22% below median its historical median of 213.88. Over the past decade, Acsion's ROC (Joel Greenblatt) % has ranged from 16.72 to 1,502.24. According to the industry distribution chart, Acsion ranks #314 out of 1752 companies in the Real Estate industry, placing it in the top 17.9%.
Is Acsion's ROC (Joel Greenblatt) % too high?
Acsion's current ROC (Joel Greenblatt) % of 167.69% is 22% below median its 10-year median of 213.88. Over the past 10 years, this metric has ranged from a low of 16.72 to a high of 1,502.24. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Acsion's value of 167.69% is 1205% above this industry median. Based on the distribution chart, Acsion ranks #314 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Acsion has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Acsion's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Acsion ranks #314 out of 1752 companies for ROC (Joel Greenblatt) %. This places Acsion in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.85. Acsion's value of 167.69% is 1205% above this benchmark. Historically, Acsion's own ROC (Joel Greenblatt) % has ranged from 16.72 to 1,502.24 over the past decade. While the company's 10-year median is 213.88 vs. the industry median of 12.85, Acsion 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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. Acsion's current ROC (Joel Greenblatt) % of 167.69% is 1205% 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 Acsion and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acsion's current ROC (Joel Greenblatt) % is 167.69%, which is 22% below median its own 10-year median of 213.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acsion stock overvalued right now?
Based on GuruFocus' analysis, Acsion (JSE:ACS) is currently considered Fairly Valued. The stock's GF Value™ is R8.29, compared to a current price of R9.00 — trading 8.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 167.69%, which is 22% below median its 10-year median of 213.88 and 1205% above the Real Estate industry median of 12.85. Acsion's overall GF Score™ is 82/100 with 5 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 Acsion (JSE:ACS), the current ROC (Joel Greenblatt) % is 167.69% as of Feb. 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 Acsion (JSE:ACS) Overvalued in 2026?

Based on GuruFocus' analysis, Acsion stock appears to be overvalued. The current stock price of R9.00 is trading 8.6% above its estimated GF Value™ of R8.29. GuruFocus considers Acsion to be Fairly Valued.

Key valuation signals for JSE:ACS:

  • ROC (Joel Greenblatt) %: 167.69% (22% below median its 10-year median of 213.88)
  • GF Value™: R8.29 vs. price of R9.00 (8.6% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 1205% above the Real Estate median (#314 of 1752)

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


Acsion Business Description

Address Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Extension 15, Centurion, ZAF, 0157
Acsion Ltd is a property development company. The company has three main reportable segments, which are South African property operations, South African hospitality operations, and International property operations. The company generates the majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus, with a substantial part of its revenue being generated from its operations in South Africa.
82GF Score

Get the complete analysis for JSE:ACS

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

R9.00
Price
R8.29
GF Value