Andrews Sykes Group (LSE:ASY) ROC (Joel Greenblatt) %: 68.31% (As of Dec. 2025) — Near Median


LSE:ASY Andrews Sykes Group PLC LSE:ASY
78 GF Score
Price £5.60
GF Value £5.25
Valuation Fairly Valued
! 2 Warning Signs
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What is Andrews Sykes Group ROC (Joel Greenblatt) %?

Andrews Sykes Group LSE:ASY 78 ROC (Joel Greenblatt) % is 68.31% as of Dec. 2025, which is 8% above its 10-year median of 63.36. GuruFocus rates LSE:ASY with a GF Score™ of 78/100 and a GF Value™ of £5.25 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,081 Business Services companies, Andrews Sykes Group ranks better than 73.64% 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. Andrews Sykes Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 68.31%.

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

LSE:ASY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 35.24   Med: 63.36   Max: 72.76
Current: 61.28

During the past 13 years, Andrews Sykes Group's highest ROC (Joel Greenblatt) % was 72.76%. The lowest was 35.24%. And the median was 63.36%.

LSE:ASY's ROC (Joel Greenblatt) % is ranked better than
73.64% of 1081 companies
in the Business Services industry
Industry Median: 20.97 vs LSE:ASY: 61.28

Andrews Sykes Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.80% per year.


Andrews Sykes Group  (LSE:ASY) 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.


Andrews Sykes Group ROC (Joel Greenblatt) % Related Terms


Andrews Sykes Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Andrews Sykes Group'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.

Andrews Sykes Group ROC (Joel Greenblatt) % Chart

Andrews Sykes Group 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 44.02 55.35 68.04 65.14 62.10

Andrews Sykes Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 76.11 57.23 76.58 53.21 68.31

LSE:ASY vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison

For the Rental & Leasing Services subindustry, Andrews Sykes Group'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.


Andrews Sykes Group ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Andrews Sykes Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


LSE:ASY
78GF Score
Andrews Sykes Group PLC LSE:ASY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Andrews Sykes Group 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.724 + 2.754 + 0.738) - (15.345 + 0 + 0)
=3.871

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.49 + 3.78 + 4.73) - (7.864 + 0 + 8.405)
=4.731

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Andrews Sykes Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27.84/( ( (37.069 + max(3.871, 0)) + (35.834 + max(4.731, 0)) )/ 2 )
=27.84/( ( 40.94 + 40.565 )/ 2 )
=27.84/40.7525
=68.31 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 68.31% mean?
Andrews Sykes Group (LSE:ASY) has a ROC (Joel Greenblatt) % of 68.31% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Andrews Sykes Group and its competitors. This is near median its historical median of 63.36. Over the past decade, Andrews Sykes Group's ROC (Joel Greenblatt) % has ranged from 35.24 to 72.76. According to the industry distribution chart, Andrews Sykes Group ranks #285 out of 1081 companies in the Business Services industry, placing it in the top 26.4%.
Is Andrews Sykes Group's ROC (Joel Greenblatt) % too high?
Andrews Sykes Group's current ROC (Joel Greenblatt) % of 68.31% is near median its 10-year median of 63.36. Over the past 10 years, this metric has ranged from a low of 35.24 to a high of 72.76. The Business Services industry median ROC (Joel Greenblatt) % is 20.97. Andrews Sykes Group's value of 68.31% is 225.8% above this industry median. Based on the distribution chart, Andrews Sykes Group ranks #285 out of 1081 companies in the Business Services industry, which is above the industry midpoint. Overall, Andrews Sykes Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Andrews Sykes Group's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Andrews Sykes Group ranks #285 out of 1081 companies for ROC (Joel Greenblatt) %. This puts Andrews Sykes Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.97. Andrews Sykes Group's value of 68.31% is 225.8% above this benchmark. Historically, Andrews Sykes Group's own ROC (Joel Greenblatt) % has ranged from 35.24 to 72.76 over the past decade. While the company's 10-year median is 63.36 vs. the industry median of 20.97, Andrews Sykes Group 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 20.97, based on 1,081 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. Andrews Sykes Group's current ROC (Joel Greenblatt) % of 68.31% is 225.8% 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 Andrews Sykes Group and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andrews Sykes Group's current ROC (Joel Greenblatt) % is 68.31%, which is near median its own 10-year median of 63.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrews Sykes Group stock overvalued right now?
Based on GuruFocus' analysis, Andrews Sykes Group (LSE:ASY) is currently considered Fairly Valued. The stock's GF Value™ is £5.25, compared to a current price of £5.60 — trading 6.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 68.31%, which is near median its 10-year median of 63.36 and 225.8% above the Business Services industry median of 20.97. Andrews Sykes Group's overall GF Score™ is 78/100 with 2 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 Andrews Sykes Group (LSE:ASY), the current ROC (Joel Greenblatt) % is 68.31% as of Dec. 2025. 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 Andrews Sykes Group (LSE:ASY) Overvalued in 2026?

Based on GuruFocus' analysis, Andrews Sykes Group stock appears to be overvalued. The current stock price of £5.60 is trading 6.7% above its estimated GF Value™ of £5.25. GuruFocus considers Andrews Sykes Group to be Fairly Valued.

Key valuation signals for LSE:ASY:

  • ROC (Joel Greenblatt) %: 68.31% (near median its 10-year median of 63.36)
  • GF Value™: £5.25 vs. price of £5.60 (6.7% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 225.8% above the Business Services median (#285 of 1081)

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


Andrews Sykes Group Business Description

Address Bentley Road South, Unit 601, Axcess 10 Business Park, Wednesbury, West Midlands, GBR, WS10 8LQ
Andrews Sykes Group PLC engages in the rental of pumping equipment and specialist climate control products, which include air conditioning and chillers, heating and boilers, dehumidifiers, and ventilation units. Its operating segments are Hire & Sales UK, Hire and Sales Europe, Hire and Sales Middle East, and the UK installation business. The majority of the revenue is derived from the Hire & Sales UK segment. Its geographical segments are the United Kingdom, Europe, the Middle East & Africa, and the Rest of the World.
78GF Score

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

£5.60
Price
£5.25
GF Value