Liberty GlobalLBTYB 65 ROC (Joel Greenblatt) % is 45.43% as of Mar. 2026, which is 650% above its 10-year median of 6.06. GuruFocus rates LBTYB with a GF Score™ of 65/100 and a GF Value™ of $14.73 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 365 Telecommunication Services companies, Liberty Global ranks worse than 90.96% 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. Liberty Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.43%.
The historical rank and industry rank for Liberty Global's ROC (Joel Greenblatt) % or its related term are showing as below:
LBTYB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -139.12 Med: 6.06 Max: 203.76
Current: -90.72
During the past 13 years, Liberty Global's highest ROC (Joel Greenblatt) % was 203.76%. The lowest was -139.12%. And the median was 6.06%.
LBTYB's ROC (Joel Greenblatt) % is ranked worse than 90.96% of 365
companies
in the Telecommunication Services industry
Industry Median: 14.96
vs LBTYB: -90.72
Liberty Global's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Liberty Global (NAS:LBTYB) 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.
Liberty Global ROC (Joel Greenblatt) % Related Terms
Liberty Global ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Liberty Global'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.
LBTYB vs KYIV, TDS, AD: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, Liberty Global'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.
Liberty Global ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Liberty Global's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Liberty Global's ROC (Joel Greenblatt) % falls into.
Liberty Global 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 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 45.43% mean?
Liberty Global (LBTYB) has a ROC (Joel Greenblatt) % of 45.43% 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 Liberty Global and its competitors. This is 650% above median its historical median of 6.06. According to the industry distribution chart, Liberty Global ranks #332 out of 365 companies in the Telecommunication Services industry, placing it in the top 91%.
Is Liberty Global's ROC (Joel Greenblatt) % too high?
Liberty Global's current ROC (Joel Greenblatt) % of 45.43% is 650% above median its 10-year median of 6.06. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.96. Liberty Global's value of 45.43% is 203.7% above this industry median. Based on the distribution chart, Liberty Global ranks #332 out of 365 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Liberty Global has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liberty Global's ROC (Joel Greenblatt) % compare to KYIV and TDS?
According to the Telecommunication Services industry distribution chart, Liberty Global ranks #332 out of 365 companies for ROC (Joel Greenblatt) %. This places Liberty Global in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.96. Liberty Global's value of 45.43% is 203.7% above this benchmark. While the company's 10-year median is 6.06 vs. the industry median of 14.96, Liberty Global 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.96, based on 365 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. Liberty Global's current ROC (Joel Greenblatt) % of 45.43% is 203.7% 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 Liberty Global and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Global's current ROC (Joel Greenblatt) % is 45.43%, which is 650% above median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Global stock overvalued right now?
Based on GuruFocus' analysis, Liberty Global (LBTYB) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.73, compared to a current price of $13.20 — trading 10.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 45.43%, which is 650% above median its 10-year median of 6.06 and 203.7% above the Telecommunication Services industry median of 14.96. Liberty Global's overall GF Score™ is 65/100 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 Liberty Global (LBTYB), the current ROC (Joel Greenblatt) % is 45.43% 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 Liberty Global (LBTYB) Overvalued in 2026?
Based on GuruFocus' analysis, Liberty Global stock appears to be undervalued.
The current stock price of $13.20 is trading 10.4% below its estimated GF Value™ of $14.73.
GuruFocus considers Liberty Global to be Modestly Undervalued.
Key valuation signals for LBTYB:
ROC (Joel Greenblatt) %: 45.43% (650% above median its 10-year median of 6.06)
GF Value™: $14.73 vs. price of $13.20 (10.4% below fair value)
Industry Position: 203.7% above the Telecommunication Services median (#332 of 365)
No single metric tells the full story. See the LBTYB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liberty Global is a holding company with interests in European telecom companies in the UK, the Netherlands, Belgium, Ireland, and Slovakia. Liberty owns the main cable network in each of these geographies and has pursued a strategy since 2016 to merge or partner with mobile network operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.
65GF Score
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