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Onity GroupLTS:0KAS 57 ROC (Joel Greenblatt) % is 31.76% as of Mar. 2026, which is 44% above its 10-year median of 22.10. GuruFocus rates LTS:0KAS with a GF Score™ of 57/100 and a GF Value™ of $30.16 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 46 Banks companies, Onity Group ranks worse than 58.7% 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. Onity Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.76%.
The historical rank and industry rank for Onity Group's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0KAS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.36 Med: 22.1 Max: 38.21
Current: 38.21
During the past 13 years, Onity Group's highest ROC (Joel Greenblatt) % was 38.21%. The lowest was -10.36%. And the median was 22.10%.
LTS:0KAS's ROC (Joel Greenblatt) % is ranked worse than 58.7% of 46
companies
in the Banks industry
Industry Median: 63.385
vs LTS:0KAS: 38.21
Onity Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.70% per year.
Onity Group (LTS:0KAS) 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.
Onity Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Onity 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.
LTS:0KAS vs BETR, GHI, LDI: ROC (Joel Greenblatt) % Comparison
For the Mortgage Finance subindustry, Onity 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.
Onity Group ROC (Joel Greenblatt) % vs Banks Industry
For the Banks industry and Financial Services sector, Onity Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Onity Group's ROC (Joel Greenblatt) % falls into.
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 31.76% mean?
Onity Group (LTS:0KAS) has a ROC (Joel Greenblatt) % of 31.76% 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 Onity Group and its competitors. This is 44% above median its historical median of 22.10. According to the industry distribution chart, Onity Group ranks #27 out of 46 companies in the Banks industry, placing it in the top 58.7%.
Is Onity Group's ROC (Joel Greenblatt) % too high?
Onity Group's current ROC (Joel Greenblatt) % of 31.76% is 44% above median its 10-year median of 22.10. The Banks industry median ROC (Joel Greenblatt) % is 63.39. Onity Group's value of 31.76% is 49.9% below this industry median. Based on the distribution chart, Onity Group ranks #27 out of 46 companies in the Banks industry, which is below the industry midpoint. Overall, Onity Group has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Onity Group's ROC (Joel Greenblatt) % compare to BETR and GHI?
According to the Banks industry distribution chart, Onity Group ranks #27 out of 46 companies for ROC (Joel Greenblatt) %. This places Onity Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.39. Onity Group's value of 31.76% is 49.9% below this benchmark. While the company's 10-year median is 22.10 vs. the industry median of 63.39, Onity Group 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 a Banks company?
The median ROC (Joel Greenblatt) % among Banks companies is 63.39, based on 46 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. Onity Group's current ROC (Joel Greenblatt) % of 31.76% is 49.9% 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 Onity Group and its competitors. For the Banks industry, the median ROC (Joel Greenblatt) % is 63.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onity Group's current ROC (Joel Greenblatt) % is 31.76%, which is 44% above median its own 10-year median of 22.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onity Group stock overvalued right now?
Based on GuruFocus' analysis, Onity Group (LTS:0KAS) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.16, compared to a current price of $37.34 — trading 23.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.76%, which is 44% above median its 10-year median of 22.10 and 49.9% below the Banks industry median of 63.39. Onity Group's overall GF Score™ is 57/100 with 7 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 Onity Group (LTS:0KAS), the current ROC (Joel Greenblatt) % is 31.76% 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 Onity Group (LTS:0KAS) Overvalued in 2026?
Based on GuruFocus' analysis, Onity Group stock appears to be overvalued.
The current stock price of $37.34 is trading 23.8% above its estimated GF Value™ of $30.16.
GuruFocus considers Onity Group to be Modestly Overvalued.
Key valuation signals for LTS:0KAS:
ROC (Joel Greenblatt) %: 31.76% (44% above median its 10-year median of 22.10)
GF Value™: $30.16 vs. price of $37.34 (23.8% above fair value)
Industry Position: 49.9% below the Banks median (#27 of 46)
No single metric tells the full story. See the LTS:0KAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onity Group Inc is a non-bank mortgage servicer and originator providing solutions through its brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the servicers in the country that focused on delivering a variety of servicing and lending programs and Liberty is one of the nation's reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs.
57GF Score
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