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VunaniJSE:VUN 83 ROC (Joel Greenblatt) % is 153.63% as of Feb. 2026, which is 55% below its 10-year median of 340.89. GuruFocus rates JSE:VUN with a GF Score™ of 83/100 and a GF Value™ of R2.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 677 Capital Markets companies, Vunani ranks better than 72.23% 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. Vunani's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 153.63%.
The historical rank and industry rank for Vunani's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:VUN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 76.78 Med: 340.89 Max: 1092.17
Current: 185.53
During the past 13 years, Vunani's highest ROC (Joel Greenblatt) % was 1092.17%. The lowest was 76.78%. And the median was 340.89%.
JSE:VUN's ROC (Joel Greenblatt) % is ranked better than 72.23% of 677
companies
in the Capital Markets industry
Industry Median: 34.76
vs JSE:VUN: 185.53
Vunani's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.00% 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.
The historical data trend for Vunani'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.
JSE:VUN vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Vunani'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.
Vunani ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Vunani's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vunani'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 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 153.63% mean?
Vunani (JSE:VUN) has a ROC (Joel Greenblatt) % of 153.63% 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 Vunani and its competitors. This is 55% below median its historical median of 340.89. Over the past decade, Vunani's ROC (Joel Greenblatt) % has ranged from 76.78 to 1,092.17. According to the industry distribution chart, Vunani ranks #188 out of 677 companies in the Capital Markets industry, placing it in the top 27.8%.
Is Vunani's ROC (Joel Greenblatt) % too high?
Vunani's current ROC (Joel Greenblatt) % of 153.63% is 55% below median its 10-year median of 340.89. Over the past 10 years, this metric has ranged from a low of 76.78 to a high of 1,092.17. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.76. Vunani's value of 153.63% is 342% above this industry median. Based on the distribution chart, Vunani ranks #188 out of 677 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Vunani has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vunani's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Vunani ranks #188 out of 677 companies for ROC (Joel Greenblatt) %. This puts Vunani in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 34.76. Vunani's value of 153.63% is 342% above this benchmark. Historically, Vunani's own ROC (Joel Greenblatt) % has ranged from 76.78 to 1,092.17 over the past decade. While the company's 10-year median is 340.89 vs. the industry median of 34.76, Vunani 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 34.76, based on 677 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. Vunani's current ROC (Joel Greenblatt) % of 153.63% is 342% 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 Vunani and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vunani's current ROC (Joel Greenblatt) % is 153.63%, which is 55% below median its own 10-year median of 340.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vunani stock overvalued right now?
Based on GuruFocus' analysis, Vunani (JSE:VUN) is currently considered Fairly Valued. The stock's GF Value™ is R2.72, compared to a current price of R2.50 — trading 8.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 153.63%, which is 55% below median its 10-year median of 340.89 and 342% above the Capital Markets industry median of 34.76. Vunani's overall GF Score™ is 83/100 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 Vunani (JSE:VUN), the current ROC (Joel Greenblatt) % is 153.63% 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 Vunani (JSE:VUN) Overvalued in 2026?
Based on GuruFocus' analysis, Vunani stock appears to be undervalued.
The current stock price of R2.50 is trading 8.1% below its estimated GF Value™ of R2.72.
GuruFocus considers Vunani to be Fairly Valued.
Key valuation signals for JSE:VUN:
ROC (Joel Greenblatt) %: 153.63% (55% below median its 10-year median of 340.89)
GF Value™: R2.72 vs. price of R2.50 (8.1% below fair value)
Industry Position: 342% above the Capital Markets median (#188 of 677)
No single metric tells the full story. See the JSE:VUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vunani Ltd is a financial services company. The company has five reportable segments: fund management, asset administration, advisory services, institutional securities broking, and insurance. The fund management comprises institutional and retail product offerings, which include equities, bonds, inflation-linked bonds, and property. The advisory segment provides corporate advisory and investment services. The institutional securities broking provides equity, derivative, and capital market trading services for institutional clients. The insurance segment provides short-term insurance, medical aid, individual life, and employee benefits in Eswatini. The asset administration provides beneficiary fund services for minor dependents of deceased retirement fund members.
83GF Score
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