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Studio City International HoldingsMSC +0.55%51 ROC (Joel Greenblatt) % is 2.42% as of Jun. 2026, which is 591% above its 10-year median of 0.35. GuruFocus rates MSC with a GF Score™ of 51/100 and a GF Value™ of $5.19 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 847 Travel & Leisure companies, Studio City International Holdings ranks worse than 69.07% 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. Studio City International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.42%.
The historical rank and industry rank for Studio City International Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
MSC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.81 Med: 0.35 Max: 8.18
Current: 2.9
During the past 11 years, Studio City International Holdings's highest ROC (Joel Greenblatt) % was 8.18%. The lowest was -13.81%. And the median was 0.35%.
MSC's ROC (Joel Greenblatt) % is ranked worse than 69.07% of 847
companies
in the Travel & Leisure industry
Industry Median: 10.58
vs MSC: 2.90
Studio City International Holdings (NYSE:MSC) 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.
* 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.
Studio City International Holdings ROC (Joel Greenblatt) % Chart
MSC vs FLL, CPHC, BALY: ROC (Joel Greenblatt) % Comparison
For the Resorts & Casinos subindustry, Studio City International Holdings'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.
Studio City International Holdings ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Studio City International Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Studio City International Holdings's ROC (Joel Greenblatt) % falls into.
Studio City International Holdings 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:
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 (Jun. 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 2.42% mean?
Studio City International Holdings (MSC) has a ROC (Joel Greenblatt) % of 2.42% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Studio City International Holdings and its competitors. This is 591% above median its historical median of 0.35. According to the industry distribution chart, Studio City International Holdings ranks #585 out of 847 companies in the Travel & Leisure industry, placing it in the top 69.1%.
Is Studio City International Holdings' ROC (Joel Greenblatt) % too high?
Studio City International Holdings' current ROC (Joel Greenblatt) % of 2.42% is 591% above median its 10-year median of 0.35. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.58. Studio City International Holdings' value of 2.42% is 77.1% below this industry median. Based on the distribution chart, Studio City International Holdings ranks #585 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Studio City International Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Studio City International Holdings' ROC (Joel Greenblatt) % compare to FLL and CPHC?
According to the Travel & Leisure industry distribution chart, Studio City International Holdings ranks #585 out of 847 companies for ROC (Joel Greenblatt) %. This places Studio City International Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.58. Studio City International Holdings' value of 2.42% is 77.1% below this benchmark. While the company's 10-year median is 0.35 vs. the industry median of 10.58, Studio City International Holdings 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.58, based on 847 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. Studio City International Holdings's current ROC (Joel Greenblatt) % of 2.42% is 77.1% 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 Studio City International Holdings and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Studio City International Holdings's current ROC (Joel Greenblatt) % is 2.42%, which is 591% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Studio City International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Studio City International Holdings (MSC) is currently considered Possible Value Trap. The stock's GF Value™ is $5.19, compared to a current price of $1.83 — trading 64.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.42%, which is 591% above median its 10-year median of 0.35 and 77.1% below the Travel & Leisure industry median of 10.58. Studio City International Holdings' overall GF Score™ is 51/100 with 5 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 Studio City International Holdings (MSC), the current ROC (Joel Greenblatt) % is 2.42% as of Jun. 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 Studio City International Holdings (MSC) Overvalued in 2026?
Based on GuruFocus' analysis, Studio City International Holdings stock appears to be undervalued.
The current stock price of $1.83 is trading 64.7% below its estimated GF Value™ of $5.19.
GuruFocus considers Studio City International Holdings to be Possible Value Trap.
Key valuation signals for MSC:
ROC (Joel Greenblatt) %: 2.42% (591% above median its 10-year median of 0.35)
GF Value™: $5.19 vs. price of $1.83 (64.7% below fair value)
Industry Position: 77.1% below the Travel & Leisure median (#585 of 847)
No single metric tells the full story. See the MSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Studio City International Holdings Ltd is a gaming, retail, and entertainment resort located in Cotai, Macau. It operates Studio City Casino with around 250 mass-market gaming tables; including tables for VIP rolling chip operations, and 552 gaming machines. Studio City features luxury hotel rooms, diverse food and beverage establishments, and complementary retail space. In addition, the company offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a deluxe nightclub and karaoke venue, a live performance arena, an outdoor and an indoor water park. Geographically, the company derives the majority of its revenue from the Macau region.
51GF Score
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