Raspberry Pi HoldingsLSE:RPI -2.02%27 ROC (Joel Greenblatt) % is 29.84% as of Dec. 2025, which is 32% below its 10-year median of 44.15. GuruFocus rates LSE:RPI with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 2,487 Hardware companies, Raspberry Pi Holdings ranks better than 69.44% 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. Raspberry Pi Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.84%.
The historical rank and industry rank for Raspberry Pi Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
LSE:RPI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.48 Med: 44.15 Max: 59.37
Current: 21.56
During the past 5 years, Raspberry Pi Holdings's highest ROC (Joel Greenblatt) % was 59.37%. The lowest was 19.48%. And the median was 44.15%.
LSE:RPI's ROC (Joel Greenblatt) % is ranked better than 69.44% of 2487
companies
in the Hardware industry
Industry Median: 10.44
vs LSE:RPI: 21.56
Raspberry Pi Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Raspberry Pi Holdings (LSE:RPI) 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.
Raspberry Pi Holdings ROC (Joel Greenblatt) % Related Terms
Raspberry Pi Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Raspberry Pi Holdings'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.
Raspberry Pi Holdings ROC (Joel Greenblatt) % Chart
LSE:RPI vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Raspberry Pi Holdings'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.
Raspberry Pi Holdings ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Raspberry Pi Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Raspberry Pi Holdings's ROC (Joel Greenblatt) % falls into.
Raspberry Pi Holdings 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 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 29.84% mean?
Raspberry Pi Holdings (LSE:RPI) has a ROC (Joel Greenblatt) % of 29.84% 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 Raspberry Pi Holdings and its competitors. This is 32% below median its historical median of 44.15. Over the past decade, Raspberry Pi Holdings' ROC (Joel Greenblatt) % has ranged from 19.48 to 59.37. According to the industry distribution chart, Raspberry Pi Holdings ranks #760 out of 2487 companies in the Hardware industry, placing it in the top 30.6%.
Is Raspberry Pi Holdings' ROC (Joel Greenblatt) % too high?
Raspberry Pi Holdings' current ROC (Joel Greenblatt) % of 29.84% is 32% below median its 10-year median of 44.15. Over the past 10 years, this metric has ranged from a low of 19.48 to a high of 59.37. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Raspberry Pi Holdings' value of 29.84% is 185.8% above this industry median. Based on the distribution chart, Raspberry Pi Holdings ranks #760 out of 2487 companies in the Hardware industry, which is above the industry midpoint. Overall, Raspberry Pi Holdings has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Raspberry Pi Holdings' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Raspberry Pi Holdings ranks #760 out of 2487 companies for ROC (Joel Greenblatt) %. This puts Raspberry Pi Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. Raspberry Pi Holdings' value of 29.84% is 185.8% above this benchmark. Historically, Raspberry Pi Holdings' own ROC (Joel Greenblatt) % has ranged from 19.48 to 59.37 over the past decade. While the company's 10-year median is 44.15 vs. the industry median of 10.44, Raspberry Pi Holdings 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,487 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. Raspberry Pi Holdings's current ROC (Joel Greenblatt) % of 29.84% is 185.8% 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 Raspberry Pi Holdings and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raspberry Pi Holdings's current ROC (Joel Greenblatt) % is 29.84%, which is 32% below median its own 10-year median of 44.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raspberry Pi Holdings stock overvalued right now?
Raspberry Pi Holdings (LSE:RPI) has a current ROC (Joel Greenblatt) % of 29.84%. The current ROC (Joel Greenblatt) % is 29.84%, which is 32% below median its 10-year median of 44.15 and 185.8% above the Hardware industry median of 10.44. Raspberry Pi Holdings' overall GF Score™ is 27/100 with 1 warning sign 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 Raspberry Pi Holdings (LSE:RPI), the current ROC (Joel Greenblatt) % is 29.84% 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.
Raspberry Pi Holdings PLC is a Company involved in designing and developing high-performance, low-cost single-board computers (SBCs) and compute modules for industrial IoT customers and embedded uses, as well as for educators and enthusiasts, in extensive markets. The Group has a single operating segment- the manufacture and sale of cost-effective programmable computing devices. It is an established, full-stack engineering organization with research and development capabilities spanning the entire value chain, from semiconductor intellectual property development to the design of finished semiconductor and electronic products to software engineering and regulatory compliance.
27GF Score
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