MITFY (MITIE Group) ROC (Joel Greenblatt) %: 65.81% (As of Mar. 2026) — Near Median


MITFY MITIE Group PLC MITFY
87 GF Score
Price $8.15
GF Value $8.31
Valuation Fairly Valued
! 2 Warning Signs
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What is MITIE Group ROC (Joel Greenblatt) %?

MITIE Group MITFY 87 ROC (Joel Greenblatt) % is 65.81% as of Mar. 2026, which is 1% below its 10-year median of 66.22. GuruFocus rates MITFY with a GF Score™ of 87/100 and a GF Value™ of $8.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,081 Business Services companies, MITIE Group ranks better than 71.97% 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. MITIE Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 65.81%.

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

MITFY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -107.84   Med: 66.22   Max: 132.27
Current: 58.02

During the past 13 years, MITIE Group's highest ROC (Joel Greenblatt) % was 132.27%. The lowest was -107.84%. And the median was 66.22%.

MITFY's ROC (Joel Greenblatt) % is ranked better than
71.97% of 1081 companies
in the Business Services industry
Industry Median: 20.97 vs MITFY: 58.02

MITIE Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 80.50% per year.


MITIE Group  (OTCPK:MITFY) 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.


MITIE Group ROC (Joel Greenblatt) % Related Terms


MITIE Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for MITIE 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.

MITIE Group ROC (Joel Greenblatt) % Chart

MITIE Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.45 75.43 95.05 73.04 60.84

MITIE Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 120.85 61.21 81.58 48.69 65.81

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

For the Specialty Business Services subindustry, MITIE 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.


MITIE Group ROC (Joel Greenblatt) % vs Business Services Industry

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

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


MITFY
87GF Score
MITIE Group PLC MITFY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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MITIE Group 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1427.432 + 35.946 + 25.271) - (1478.919 + 0 + 336.757)
=-327.027

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1442.933 + 35.6 + 9.7330000000002) - (1512.267 + 0 + 234)
=-258.001

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of MITIE Group 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=239.734/( ( (378.243 + max(-327.027, 0)) + (350.267 + max(-258.001, 0)) )/ 2 )
=239.734/( ( 378.243 + 350.267 )/ 2 )
=239.734/364.255
=65.81 %

Note: The EBIT data used here is two times the semi-annual (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 65.81% mean?
MITIE Group (MITFY) has a ROC (Joel Greenblatt) % of 65.81% 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 MITIE Group and its competitors. This is near median its historical median of 66.22. According to the industry distribution chart, MITIE Group ranks #303 out of 1081 companies in the Business Services industry, placing it in the top 28%.
Is MITIE Group's ROC (Joel Greenblatt) % too high?
MITIE Group's current ROC (Joel Greenblatt) % of 65.81% is near median its 10-year median of 66.22. The Business Services industry median ROC (Joel Greenblatt) % is 20.97. MITIE Group's value of 65.81% is 213.8% above this industry median. Based on the distribution chart, MITIE Group ranks #303 out of 1081 companies in the Business Services industry, which is above the industry midpoint. Overall, MITIE Group has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MITIE Group's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MITIE Group ranks #303 out of 1081 companies for ROC (Joel Greenblatt) %. This puts MITIE Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.97. MITIE Group's value of 65.81% is 213.8% above this benchmark. While the company's 10-year median is 66.22 vs. the industry median of 20.97, MITIE Group 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 20.97, 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. MITIE Group's current ROC (Joel Greenblatt) % of 65.81% is 213.8% 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 MITIE Group and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MITIE Group's current ROC (Joel Greenblatt) % is 65.81%, which is near median its own 10-year median of 66.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITIE Group stock overvalued right now?
Based on GuruFocus' analysis, MITIE Group (MITFY) is currently considered Fairly Valued. The stock's GF Value™ is $8.31, compared to a current price of $8.15 — trading 1.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 65.81%, which is near median its 10-year median of 66.22 and 213.8% above the Business Services industry median of 20.97. MITIE Group's overall GF Score™ is 87/100 with 2 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 MITIE Group (MITFY), the current ROC (Joel Greenblatt) % is 65.81% 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 MITIE Group (MITFY) Overvalued in 2026?

Based on GuruFocus' analysis, MITIE Group stock appears to be undervalued. The current stock price of $8.15 is trading 1.9% below its estimated GF Value™ of $8.31. GuruFocus considers MITIE Group to be Fairly Valued.

Key valuation signals for MITFY:

  • ROC (Joel Greenblatt) %: 65.81% (near median its 10-year median of 66.22)
  • GF Value™: $8.31 vs. price of $8.15 (1.9% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 213.8% above the Business Services median (#303 of 1081)

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


MITIE Group Business Description

Address 32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG
MITIE Group PLC provides strategic outsourcing services. The company delivers Facilities Management, Facilities Transformation and Facilities Compliance services. It operates in two segments namely Business Services segment provides security and hygiene services across public and private sector contracts, including expertise in Central Government and Immigration & Justice, and Technical Services provides engineering facilities management services for buildings and critical assets, including for the Ministry of Defence (MoD) and in Healthcare, Local Government & Education. The division also delivers Facilities Transformation projects in high-growth areas including buildings infrastructure, decarbonisation technologies, data centres and power & grid connections.
87GF Score

Get the complete analysis for MITFY

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

$8.15
Price
$8.31
GF Value