DoorDash (MEX:DASH) ROC (Joel Greenblatt) %: 51.68% (As of Mar. 2026)


MEX:DASH DoorDash Inc MEX:DASH
82 GF Score
Price MXN3,232.50
GF Value MXN3,677.45
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DoorDash ROC (Joel Greenblatt) %?

DoorDash MEX:DASH +1.71% 82 ROC (Joel Greenblatt) % is 51.68% as of Mar. 2026. GuruFocus rates MEX:DASH with a GF Score™ of 82/100 and a GF Value™ of MXN3,677.45 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,123 Retail - Cyclical companies, DoorDash ranks better than 86.46% 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. DoorDash's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 51.68%.

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

MEX:DASH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -966.67   Med: -96.26   Max: 54.29
Current: 47.86

During the past 8 years, DoorDash's highest ROC (Joel Greenblatt) % was 54.29%. The lowest was -966.67%. And the median was -96.26%.

MEX:DASH's ROC (Joel Greenblatt) % is ranked better than
86.46% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 11.57 vs MEX:DASH: 47.86

DoorDash's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


DoorDash  (MEX:DASH) 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.


DoorDash ROC (Joel Greenblatt) % Related Terms


DoorDash ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DoorDash'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.

DoorDash ROC (Joel Greenblatt) % Chart

DoorDash Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -79.40 -111.60 -48.48 -3.62 50.78

DoorDash 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 51.58 49.52 55.32 29.67 51.68

MEX:DASH vs MELI, SE, PDD: ROC (Joel Greenblatt) % Comparison

For the Internet Retail subindustry, DoorDash'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.


DoorDash ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, DoorDash's ROC (Joel Greenblatt) % distribution charts can be found below:

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


MEX:DASH
82GF Score
DoorDash Inc MEX:DASH
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DoorDash 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)
=(19950.316 + 0 + 31509.975) - (60517.158 + 9849.118 + 38424.163)
=-57330.148

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18645.812 + 0 + 32855.58) - (64719.36 + 9701.593 + 32350.663)
=-55270.224

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DoorDash 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 )
=14354.028/( ( (27080.573 + max(-57330.148, 0)) + (28473.633 + max(-55270.224, 0)) )/ 2 )
=14354.028/( ( 27080.573 + 28473.633 )/ 2 )
=14354.028/27777.103
=51.68 %

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 51.68% mean?
DoorDash (MEX:DASH) has a ROC (Joel Greenblatt) % of 51.68% 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 DoorDash and its competitors. According to the industry distribution chart, DoorDash ranks #152 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 13.5%.
Is DoorDash's ROC (Joel Greenblatt) % too high?
DoorDash's current ROC (Joel Greenblatt) % is 51.68%. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. DoorDash's value of 51.68% is 346.7% above this industry median. Based on the distribution chart, DoorDash ranks #152 out of 1123 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, DoorDash has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DoorDash's ROC (Joel Greenblatt) % compare to MELI and SE?
According to the Retail - Cyclical industry distribution chart, DoorDash ranks #152 out of 1123 companies for ROC (Joel Greenblatt) %. This places DoorDash in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.57. DoorDash's value of 51.68% is 346.7% above this benchmark. 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.57, based on 1,123 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. DoorDash's current ROC (Joel Greenblatt) % of 51.68% is 346.7% 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 DoorDash and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DoorDash's current ROC (Joel Greenblatt) % is 51.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DoorDash stock overvalued right now?
Based on GuruFocus' analysis, DoorDash (MEX:DASH) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,677.45, compared to a current price of MXN3,232.50 — trading 12.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 51.68% and 346.7% above the Retail - Cyclical industry median of 11.57. DoorDash's overall GF Score™ is 82/100 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 DoorDash (MEX:DASH), the current ROC (Joel Greenblatt) % is 51.68% 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 DoorDash (MEX:DASH) Overvalued in 2026?

Based on GuruFocus' analysis, DoorDash stock appears to be undervalued. The current stock price of MXN3,232.50 is trading 12.1% below its estimated GF Value™ of MXN3,677.45. GuruFocus considers DoorDash to be Modestly Undervalued.

Key valuation signals for MEX:DASH:

  • ROC (Joel Greenblatt) %: 51.68%
  • GF Value™: MXN3,677.45 vs. price of MXN3,232.50 (12.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 346.7% above the Retail - Cyclical median (#152 of 1123)

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


DoorDash Business Description

Address 303 2nd Street, South Tower, 8th Floor, San Francisco, CA, USA, 94107
Founded in 2013 within the confines of the San Francisco application renaissance, DoorDash is an online delivery demand aggregator. Consumers can use its app to order food on demand for delivery or in-store pickup from participating merchants. Following the 2022 acquisition of Wolt, the firm also provides this service in Europe and Asia. DoorDash creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. The firm provides similar services to non-restaurant businesses, such as grocery, retail, and pet supplies. DoorDash is also rolling out emerging technologies, such as drone delivery, to continually innovate and deliver the best possible service to both supply-side and demand-side participants in its marketplace.
82GF Score

Get the complete analysis for MEX:DASH

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

MXN3,232.50
Price
MXN3,677.45
GF Value