Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Marex GroupMRX +1.25%17 ROC (Joel Greenblatt) % is 178.65% as of Mar. 2026, which is 79% below its 10-year median of 863.25. GuruFocus rates MRX with a GF Score™ of 17/100. The stock has 9 warning signs investors should review. Among 678 Capital Markets companies, Marex Group ranks better than 79.65% 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. Marex Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 178.65%.
The historical rank and industry rank for Marex Group's ROC (Joel Greenblatt) % or its related term are showing as below:
MRX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 209.27 Med: 863.25 Max: 1298.34
Current: 318.22
During the past 5 years, Marex Group's highest ROC (Joel Greenblatt) % was 1298.34%. The lowest was 209.27%. And the median was 863.25%.
MRX's ROC (Joel Greenblatt) % is ranked better than 79.65% of 678
companies
in the Capital Markets industry
Industry Median: 34.895
vs MRX: 318.22
Marex Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Marex Group (NAS:MRX) 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.
Marex Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Marex 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.
MRX vs MC, CLSK, PIPR: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Marex 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.
Marex Group ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Marex Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Marex 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 178.65% mean?
Marex Group (MRX) has a ROC (Joel Greenblatt) % of 178.65% 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 Marex Group and its competitors. This is 79% below median its historical median of 863.25. Over the past decade, Marex Group's ROC (Joel Greenblatt) % has ranged from 209.27 to 1,298.34. According to the industry distribution chart, Marex Group ranks #138 out of 678 companies in the Capital Markets industry, placing it in the top 20.4%.
Is Marex Group's ROC (Joel Greenblatt) % too high?
Marex Group's current ROC (Joel Greenblatt) % of 178.65% is 79% below median its 10-year median of 863.25. Over the past 10 years, this metric has ranged from a low of 209.27 to a high of 1,298.34. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.90. Marex Group's value of 178.65% is 412% above this industry median. Based on the distribution chart, Marex Group ranks #138 out of 678 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Marex Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Marex Group's ROC (Joel Greenblatt) % compare to MC and CLSK?
According to the Capital Markets industry distribution chart, Marex Group ranks #138 out of 678 companies for ROC (Joel Greenblatt) %. This places Marex Group in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 34.90. Marex Group's value of 178.65% is 412% above this benchmark. Historically, Marex Group's own ROC (Joel Greenblatt) % has ranged from 209.27 to 1,298.34 over the past decade. While the company's 10-year median is 863.25 vs. the industry median of 34.90, Marex 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.90, based on 678 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. Marex Group's current ROC (Joel Greenblatt) % of 178.65% is 412% 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 Marex Group and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marex Group's current ROC (Joel Greenblatt) % is 178.65%, which is 79% below median its own 10-year median of 863.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marex Group stock overvalued right now?
Marex Group (MRX) has a current ROC (Joel Greenblatt) % of 178.65%. The current ROC (Joel Greenblatt) % is 178.65%, which is 79% below median its 10-year median of 863.25 and 412% above the Capital Markets industry median of 34.90. Marex Group's overall GF Score™ is 17/100 with 9 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 Marex Group (MRX), the current ROC (Joel Greenblatt) % is 178.65% 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.
Marex Group PLC is a financial services platform, providing liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets. The Group's operating segments are: Clearing, Agency and Execution, Market Making, Hedging and Investment Solutions, and Corporate. Maximum revenue is generated from the Agency and Execution segment, which offers liquidity and execution services to clients mainly in the energy and financial securities markets by connecting buyers and sellers in the energy markets, offering liquidity and risk management solutions for financial markets, and providing clearing, custody, capital introduction, portfolio financing, and outsourced trading services. Geographically, the Group generates maximum revenue from the United States.
17GF Score
Get the complete analysis for MRX
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MRX has been successfully added to your 
