LINC (Lincoln Educational Services) ROC (Joel Greenblatt) %: 7.29% (As of Mar. 2026) — 18% Below Median

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LINC Lincoln Educational Services Corp LINC
63 GF Score
Price $40.66
GF Value $18.99
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lincoln Educational Services ROC (Joel Greenblatt) %?

Lincoln Educational Services LINC +1.65% 63 ROC (Joel Greenblatt) % is 7.29% as of Mar. 2026, which is 18% below its 10-year median of 8.87. GuruFocus rates LINC with a GF Score™ of 63/100 and a GF Value™ of $18.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 263 Education companies, Lincoln Educational Services ranks worse than 60.08% 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. Lincoln Educational Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.29%.

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

LINC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.41   Med: 8.87   Max: 45.16
Current: 9.96

During the past 13 years, Lincoln Educational Services's highest ROC (Joel Greenblatt) % was 45.16%. The lowest was -34.41%. And the median was 8.87%.

LINC's ROC (Joel Greenblatt) % is ranked worse than
60.08% of 263 companies
in the Education industry
Industry Median: 18.42 vs LINC: 9.96

Lincoln Educational Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.30% per year.


Lincoln Educational Services  (NAS:LINC) 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.


Lincoln Educational Services ROC (Joel Greenblatt) % Related Terms


Lincoln Educational Services ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Lincoln Educational Services'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.

Lincoln Educational Services ROC (Joel Greenblatt) % Chart

Lincoln Educational Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.16 13.86 25.56 8.17 9.56

Lincoln Educational Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.11 3.90 7.91 19.81 7.29

LINC vs COUR, STRA, AFYA: ROC (Joel Greenblatt) % Comparison

For the Education & Training Services subindustry, Lincoln Educational Services'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.


Lincoln Educational Services ROC (Joel Greenblatt) % vs Education Industry

For the Education industry and Consumer Defensive sector, Lincoln Educational Services's ROC (Joel Greenblatt) % distribution charts can be found below:

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


LINC
63GF Score
Lincoln Educational Services Corp LINC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lincoln Educational Services 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.929 + 3.986 + 7.872) - (32.585 + 44.159 + 12.868)
=-40.825

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.734 + 2.488 + 6.863) - (42.069 + 39.287 + 0)
=-30.271

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lincoln Educational Services for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25.748/( ( (350.901 + max(-40.825, 0)) + (355.218 + max(-30.271, 0)) )/ 2 )
=25.748/( ( 350.901 + 355.218 )/ 2 )
=25.748/353.0595
=7.29 %

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 7.29% mean?
Lincoln Educational Services (LINC) has a ROC (Joel Greenblatt) % of 7.29% 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 Lincoln Educational Services and its competitors. This is 18% below median its historical median of 8.87. According to the industry distribution chart, Lincoln Educational Services ranks #158 out of 263 companies in the Education industry, placing it in the top 60.1%.
Is Lincoln Educational Services' ROC (Joel Greenblatt) % too high?
Lincoln Educational Services' current ROC (Joel Greenblatt) % of 7.29% is 18% below median its 10-year median of 8.87. The Education industry median ROC (Joel Greenblatt) % is 18.42. Lincoln Educational Services' value of 7.29% is 60.4% below this industry median. Based on the distribution chart, Lincoln Educational Services ranks #158 out of 263 companies in the Education industry, which is below the industry midpoint. Overall, Lincoln Educational Services has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Educational Services' ROC (Joel Greenblatt) % compare to COUR and STRA?
According to the Education industry distribution chart, Lincoln Educational Services ranks #158 out of 263 companies for ROC (Joel Greenblatt) %. This places Lincoln Educational Services in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 18.42. Lincoln Educational Services' value of 7.29% is 60.4% below this benchmark. While the company's 10-year median is 8.87 vs. the industry median of 18.42, Lincoln Educational Services 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.42, based on 263 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. Lincoln Educational Services's current ROC (Joel Greenblatt) % of 7.29% is 60.4% 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 Lincoln Educational Services and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Educational Services's current ROC (Joel Greenblatt) % is 7.29%, which is 18% below median its own 10-year median of 8.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Educational Services stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Educational Services (LINC) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.99, compared to a current price of $40.66 — trading 114.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.29%, which is 18% below median its 10-year median of 8.87 and 60.4% below the Education industry median of 18.42. Lincoln Educational Services' overall GF Score™ is 63/100 with 4 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 Lincoln Educational Services (LINC), the current ROC (Joel Greenblatt) % is 7.29% 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 Lincoln Educational Services (LINC) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Educational Services stock appears to be overvalued. The current stock price of $40.66 is trading 114.1% above its estimated GF Value™ of $18.99. GuruFocus considers Lincoln Educational Services to be Significantly Overvalued.

Key valuation signals for LINC:

  • ROC (Joel Greenblatt) %: 7.29% (18% below median its 10-year median of 8.87)
  • GF Value™: $18.99 vs. price of $40.66 (114.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 60.4% below the Education median (#158 of 263)

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


Lincoln Educational Services Business Description

Other Exchanges K1L:Germany
Address 14 Sylvan Way, Suite A, Parsippany, NJ, USA, 07054
Lincoln Educational Services Corp provides diversified career-oriented post-secondary education to high school graduates and working adults. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services, and business and information technology. Its reportable segments include: Campus Operations and Transitional. The majority of the revenue is generated from the Campus Operations segment, which includes all campuses that are continuing in operation and contribute to the company's core operations and performance.
63GF Score

Get the complete analysis for LINC

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

$40.66
Price
$18.99
GF Value