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African Media EntertainmentJSE:AME 85 ROC (Joel Greenblatt) % is 72.42% as of Mar. 2026, which is 11% above its 10-year median of 65.02. GuruFocus rates JSE:AME with a GF Score™ of 85/100 and a GF Value™ of R48.94 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,016 Media - Diversified companies, African Media Entertainment ranks better than 80.51% 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. African Media Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 72.42%.
The historical rank and industry rank for African Media Entertainment's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:AME'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.7 Med: 65.02 Max: 103.98
Current: 62.62
During the past 13 years, African Media Entertainment's highest ROC (Joel Greenblatt) % was 103.98%. The lowest was 17.70%. And the median was 65.02%.
JSE:AME's ROC (Joel Greenblatt) % is ranked better than 80.51% of 1016
companies
in the Media - Diversified industry
Industry Median: 9.685
vs JSE:AME: 62.62
African Media Entertainment (JSE:AME) 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.
* 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.
African Media Entertainment ROC (Joel Greenblatt) % Chart
JSE:AME vs NXST: ROC (Joel Greenblatt) % Comparison
For the Broadcasting subindustry, African Media Entertainment'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.
African Media Entertainment ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, African Media Entertainment's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where African Media Entertainment's ROC (Joel Greenblatt) % falls into.
African Media Entertainment 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 (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 72.42% mean?
African Media Entertainment (JSE:AME) has a ROC (Joel Greenblatt) % of 72.42% 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 African Media Entertainment and its competitors. This is 11% above median its historical median of 65.02. Over the past decade, African Media Entertainment's ROC (Joel Greenblatt) % has ranged from 17.70 to 103.98. According to the industry distribution chart, African Media Entertainment ranks #198 out of 1016 companies in the Media - Diversified industry, placing it in the top 19.5%.
Is African Media Entertainment's ROC (Joel Greenblatt) % too high?
African Media Entertainment's current ROC (Joel Greenblatt) % of 72.42% is 11% above median its 10-year median of 65.02. Over the past 10 years, this metric has ranged from a low of 17.70 to a high of 103.98. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.69. African Media Entertainment's value of 72.42% is 647.8% above this industry median. Based on the distribution chart, African Media Entertainment ranks #198 out of 1016 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, African Media Entertainment has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does African Media Entertainment's ROC (Joel Greenblatt) % compare to NXST?
According to the Media - Diversified industry distribution chart, African Media Entertainment ranks #198 out of 1016 companies for ROC (Joel Greenblatt) %. This places African Media Entertainment in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.69. African Media Entertainment's value of 72.42% is 647.8% above this benchmark. Historically, African Media Entertainment's own ROC (Joel Greenblatt) % has ranged from 17.70 to 103.98 over the past decade. While the company's 10-year median is 65.02 vs. the industry median of 9.69, African Media Entertainment 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.69, based on 1,016 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. African Media Entertainment's current ROC (Joel Greenblatt) % of 72.42% is 647.8% 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 African Media Entertainment and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Media Entertainment's current ROC (Joel Greenblatt) % is 72.42%, which is 11% above median its own 10-year median of 65.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Media Entertainment stock overvalued right now?
Based on GuruFocus' analysis, African Media Entertainment (JSE:AME) is currently considered Modestly Overvalued. The stock's GF Value™ is R48.94, compared to a current price of R55.00 — trading 12.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 72.42%, which is 11% above median its 10-year median of 65.02 and 647.8% above the Media - Diversified industry median of 9.69. African Media Entertainment's overall GF Score™ is 85/100 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 African Media Entertainment (JSE:AME), the current ROC (Joel Greenblatt) % is 72.42% 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 African Media Entertainment (JSE:AME) Overvalued in 2026?
Based on GuruFocus' analysis, African Media Entertainment stock appears to be overvalued.
The current stock price of R55.00 is trading 12.4% above its estimated GF Value™ of R48.94.
GuruFocus considers African Media Entertainment to be Modestly Overvalued.
Key valuation signals for JSE:AME:
ROC (Joel Greenblatt) %: 72.42% (11% above median its 10-year median of 65.02)
GF Value™: R48.94 vs. price of R55.00 (12.4% above fair value)
Industry Position: 647.8% above the Media - Diversified median (#198 of 1016)
No single metric tells the full story. See the JSE:AME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.
85GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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