DSW Capital (LSE:DSW) ROC (Joel Greenblatt) %: 283.25% (As of Sep. 2025) — Near Median

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LSE:DSW DSW Capital PLC LSE:DSW
74 GF Score
Price £0.43
GF Value £1.35
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is DSW Capital ROC (Joel Greenblatt) %?

DSW Capital LSE:DSW 74 ROC (Joel Greenblatt) % is 283.25% as of Sep. 2025, which is 1% below its 10-year median of 285.71. GuruFocus rates LSE:DSW with a GF Score™ of 74/100 and a GF Value™ of £1.35 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,081 Business Services companies, DSW Capital ranks better than 92.04% 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. DSW Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 283.25%.

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

LSE:DSW' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.2   Med: 285.71   Max: 1438.71
Current: 341.61

During the past 7 years, DSW Capital's highest ROC (Joel Greenblatt) % was 1438.71%. The lowest was 2.20%. And the median was 285.71%.

LSE:DSW's ROC (Joel Greenblatt) % is ranked better than
92.04% of 1081 companies
in the Business Services industry
Industry Median: 21.22 vs LSE:DSW: 341.61

DSW Capital's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.30% per year.


DSW Capital  (LSE:DSW) 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.


DSW Capital ROC (Joel Greenblatt) % Related Terms


DSW Capital ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DSW Capital'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.

DSW Capital ROC (Joel Greenblatt) % Chart

DSW Capital Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 374.35 2.20 100.00 31.71 285.71

DSW Capital Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.81 60.99 27.01 427.44 283.25

LSE:DSW vs CTAS, CPRT, ULS: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, DSW Capital'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.


DSW Capital ROC (Joel Greenblatt) % vs Business Services Industry

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

* The bar in red indicates where DSW Capital's ROC (Joel Greenblatt) % falls into.


LSE:DSW
74GF Score
DSW Capital PLC LSE:DSW
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DSW Capital 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: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.354 + 0 + 0.050000000000001) - (1.182 + 0 + 0.553)
=-0.331

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.2 + 0 + 0.053000000000001) - (0.894 + 0 + 0.32)
=0.039000000000001

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DSW Capital for the quarter that ended in Sep. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.82/( ( (0.297 + max(-0.331, 0)) + (0.243 + max(0.039000000000001, 0)) )/ 2 )
=0.82/( ( 0.297 + 0.282 )/ 2 )
=0.82/0.2895
=283.25 %

Note: The EBIT data used here is two times the semi-annual (Sep. 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 283.25% mean?
DSW Capital (LSE:DSW) has a ROC (Joel Greenblatt) % of 283.25% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on DSW Capital and its competitors. This is near median its historical median of 285.71. Over the past decade, DSW Capital's ROC (Joel Greenblatt) % has ranged from 2.20 to 1,438.71. According to the industry distribution chart, DSW Capital ranks #86 out of 1081 companies in the Business Services industry, placing it in the top 8%.
Is DSW Capital's ROC (Joel Greenblatt) % too high?
DSW Capital's current ROC (Joel Greenblatt) % of 283.25% is near median its 10-year median of 285.71. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 1,438.71. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. DSW Capital's value of 283.25% is 1234.8% above this industry median. Based on the distribution chart, DSW Capital ranks #86 out of 1081 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, DSW Capital has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSW Capital's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, DSW Capital ranks #86 out of 1081 companies for ROC (Joel Greenblatt) %. This places DSW Capital in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.22. DSW Capital's value of 283.25% is 1234.8% above this benchmark. Historically, DSW Capital's own ROC (Joel Greenblatt) % has ranged from 2.20 to 1,438.71 over the past decade. While the company's 10-year median is 285.71 vs. the industry median of 21.22, DSW Capital 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 21.22, 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. DSW Capital's current ROC (Joel Greenblatt) % of 283.25% is 1234.8% 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 DSW Capital and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSW Capital's current ROC (Joel Greenblatt) % is 283.25%, which is near median its own 10-year median of 285.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSW Capital stock overvalued right now?
Based on GuruFocus' analysis, DSW Capital (LSE:DSW) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.35, compared to a current price of £0.43 — trading 68.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 283.25%, which is near median its 10-year median of 285.71 and 1234.8% above the Business Services industry median of 21.22. DSW Capital's overall GF Score™ is 74/100 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 DSW Capital (LSE:DSW), the current ROC (Joel Greenblatt) % is 283.25% as of Sep. 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 DSW Capital (LSE:DSW) Overvalued in 2026?

Based on GuruFocus' analysis, DSW Capital stock appears to be undervalued. The current stock price of £0.43 is trading 68.5% below its estimated GF Value™ of £1.35. GuruFocus considers DSW Capital to be Significantly Undervalued.

Key valuation signals for LSE:DSW:

  • ROC (Joel Greenblatt) %: 283.25% (near median its 10-year median of 285.71)
  • GF Value™: £1.35 vs. price of £0.43 (68.5% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 1234.8% above the Business Services median (#86 of 1081)

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


DSW Capital Business Description

Address 7400 Daresbury Park, Daresbury, Warrington, GBR, WA4 4BS
DSW Capital PLC is a challenger mid-market professional services business. It operates a licensing model and licenses the DSW and associated brand names in return for a royalty based on a percentage of fee income. The DSW network employs eighty two fee earners across England and Scotland. It recruits skilled professionals, in focused niches of expertise to run its own business and provide services to mid-market corporates, owner-managers, private equity firms, and high net-worth individuals. The Company recognizes revenue from two sources: license fee income and profit share income.
74GF Score

Get the complete analysis for LSE:DSW

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

£0.43
Price
£1.35
GF Value