Myer HoldingsMYGSF 42 ROC (Joel Greenblatt) % is 14.86% as of Jan. 2026. GuruFocus rates MYGSF with a GF Score™ of 42/100 and a GF Value™ of $1.53. The stock has 4 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Myer Holdings ranks worse than 86.55% 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. Myer Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 14.86%.
The historical rank and industry rank for Myer Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
MYGSF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -109.78 Med: -4.05 Max: 21.03
Current: -12.87
During the past 13 years, Myer Holdings's highest ROC (Joel Greenblatt) % was 21.03%. The lowest was -109.78%. And the median was -4.05%.
MYGSF's ROC (Joel Greenblatt) % is ranked worse than 86.55% of 1123
companies
in the Retail - Cyclical industry
Industry Median: 11.57
vs MYGSF: -12.87
Myer Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.10% per year.
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.
Myer Holdings ROC (Joel Greenblatt) % Related Terms
Myer Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Myer Holdings'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.
MYGSF vs DDS, M: ROC (Joel Greenblatt) % Comparison
For the Department Stores subindustry, Myer 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.
Myer Holdings ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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 two times the semi-annual (Jan. 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 14.86% mean?
Myer Holdings (MYGSF) has a ROC (Joel Greenblatt) % of 14.86% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Myer Holdings and its competitors. According to the industry distribution chart, Myer Holdings ranks #972 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 86.6%.
Is Myer Holdings' ROC (Joel Greenblatt) % too high?
Myer Holdings' current ROC (Joel Greenblatt) % is 14.86%. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. Myer Holdings' value of 14.86% is 28.4% above this industry median. Based on the distribution chart, Myer Holdings ranks #972 out of 1123 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #972 out of 1123 companies for ROC (Joel Greenblatt) %. This places Myer Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.57. Myer Holdings' value of 14.86% is 28.4% 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. Myer Holdings's current ROC (Joel Greenblatt) % of 14.86% is 28.4% 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 Myer Holdings 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. Myer Holdings's current ROC (Joel Greenblatt) % is 14.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Myer Holdings (MYGSF) has a current ROC (Joel Greenblatt) % of 14.86%. The stock's GF Value™ is $1.53, compared to a current price of $0.97 — trading 36.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.86% and 28.4% above the Retail - Cyclical industry median of 11.57. Myer Holdings' overall GF Score™ is 42/100 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 Myer Holdings (MYGSF), the current ROC (Joel Greenblatt) % is 14.86% as of Jan. 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 Myer Holdings (MYGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of $0.97 is trading 36.6% below its estimated GF Value™ of $1.53.
Key valuation signals for MYGSF:
ROC (Joel Greenblatt) %: 14.86%
GF Value™: $1.53 vs. price of $0.97 (36.6% below fair value)
Industry Position: 28.4% above the Retail - Cyclical median (#972 of 1123)
No single metric tells the full story. See the MYGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
Get the complete analysis for MYGSF
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
MYGSF has been successfully added to your 
