Five BelowMEX:FIVE 97 ROC (Joel Greenblatt) % is 18.91% as of Apr. 2026, which is 5% above its 10-year median of 18.00. GuruFocus rates MEX:FIVE with a GF Score™ of 97/100 and a GF Value™ of MXN3,719.45. The stock has 1 warning sign investors should review. Among 1,123 Retail - Cyclical companies, Five Below ranks better than 58.77% 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. Five Below's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 18.91%.
The historical rank and industry rank for Five Below's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:FIVE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.21 Med: 18 Max: 68.68
Current: 16.94
During the past 13 years, Five Below's highest ROC (Joel Greenblatt) % was 68.68%. The lowest was 10.21%. And the median was 18.00%.
MEX:FIVE's ROC (Joel Greenblatt) % is ranked better than 58.77% of 1123
companies
in the Retail - Cyclical industry
Industry Median: 11.57
vs MEX:FIVE: 16.94
Five Below's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.80% per year.
Five Below (MEX:FIVE) 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.
Five Below ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Five Below'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.
MEX:FIVE vs GME, MUSA, BBWI: ROC (Joel Greenblatt) % Comparison
For the Specialty Retail subindustry, Five Below'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.
Five Below ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Five Below'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 (Apr. 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 18.91% mean?
Five Below (MEX:FIVE) has a ROC (Joel Greenblatt) % of 18.91% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Five Below and its competitors. This is near median its historical median of 18.00. Over the past decade, Five Below's ROC (Joel Greenblatt) % has ranged from 10.21 to 68.68. According to the industry distribution chart, Five Below ranks #463 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 41.2%.
Is Five Below's ROC (Joel Greenblatt) % too high?
Five Below's current ROC (Joel Greenblatt) % of 18.91% is near median its 10-year median of 18.00. Over the past 10 years, this metric has ranged from a low of 10.21 to a high of 68.68. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. Five Below's value of 18.91% is 63.4% above this industry median. Based on the distribution chart, Five Below ranks #463 out of 1123 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Five Below has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Five Below's ROC (Joel Greenblatt) % compare to GME and MUSA?
According to the Retail - Cyclical industry distribution chart, Five Below ranks #463 out of 1123 companies for ROC (Joel Greenblatt) %. This puts Five Below in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.57. Five Below's value of 18.91% is 63.4% above this benchmark. Historically, Five Below's own ROC (Joel Greenblatt) % has ranged from 10.21 to 68.68 over the past decade. While the company's 10-year median is 18.00 vs. the industry median of 11.57, Five Below 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 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. Five Below's current ROC (Joel Greenblatt) % of 18.91% is 63.4% 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 Five Below 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. Five Below's current ROC (Joel Greenblatt) % is 18.91%, which is near median its own 10-year median of 18.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Below stock overvalued right now?
Five Below (MEX:FIVE) has a current ROC (Joel Greenblatt) % of 18.91%. The stock's GF Value™ is MXN3,719.45, compared to a current price of MXN3,385.60 — trading 9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.91%, which is near median its 10-year median of 18.00 and 63.4% above the Retail - Cyclical industry median of 11.57. Five Below's overall GF Score™ is 97/100 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 Five Below (MEX:FIVE), the current ROC (Joel Greenblatt) % is 18.91% as of Apr. 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 Five Below (MEX:FIVE) Overvalued in 2026?
Based on GuruFocus' analysis, Five Below stock appears to be undervalued.
The current stock price of MXN3,385.60 is trading 9% below its estimated GF Value™ of MXN3,719.45.
Key valuation signals for MEX:FIVE:
ROC (Joel Greenblatt) %: 18.91% (near median its 10-year median of 18.00)
GF Value™: MXN3,719.45 vs. price of MXN3,385.60 (9% below fair value)
Industry Position: 63.4% above the Retail - Cyclical median (#463 of 1123)
No single metric tells the full story. See the MEX:FIVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Five Below Inc is a specialty value retailer offering a broad range of trend-right, high-quality products loved by the kid and the kid in all of customers. The Company's edited assortment of products includes select brands and licensed merchandise. The Company also sells its merchandise on the internet, through the Company's e-commerce website and mobile app, offering home delivery and the option to buy online and pick up in store. Additionally, the Company sells merchandise through on-demand third-party delivery services to enable its customers to shop online and receive convenient delivery. It derives revenue from sales of the Company's merchandise to customers.
97GF Score
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