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Aradel HoldingsNSA:ARADEL 21 ROC (Joel Greenblatt) % is 56.28% as of Jun. 2026, which is 56% above its 10-year median of 36.11. GuruFocus rates NSA:ARADEL with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,004 Oil & Gas companies, Aradel Holdings ranks better than 90.04% 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. Aradel Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 56.28%.
The historical rank and industry rank for Aradel Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
NSA:ARADEL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.3 Med: 36.11 Max: 52.45
Current: 41.25
During the past 3 years, Aradel Holdings's highest ROC (Joel Greenblatt) % was 52.45%. The lowest was 15.30%. And the median was 36.11%.
NSA:ARADEL's ROC (Joel Greenblatt) % is ranked better than 90.04% of 1004
companies
in the Oil & Gas industry
Industry Median: 9.305
vs NSA:ARADEL: 41.25
Aradel Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Aradel Holdings ROC (Joel Greenblatt) % Related Terms
Aradel Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aradel 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.
NSA:ARADEL vs XOM, CVX: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Integrated subindustry, Aradel 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.
Aradel Holdings ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Aradel Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aradel 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 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 56.28% mean?
Aradel Holdings (NSA:ARADEL) has a ROC (Joel Greenblatt) % of 56.28% 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 Aradel Holdings and its competitors. This is 56% above median its historical median of 36.11. Over the past decade, Aradel Holdings' ROC (Joel Greenblatt) % has ranged from 15.30 to 52.45. According to the industry distribution chart, Aradel Holdings ranks #100 out of 1004 companies in the Oil & Gas industry, placing it in the top 10%.
Is Aradel Holdings' ROC (Joel Greenblatt) % too high?
Aradel Holdings' current ROC (Joel Greenblatt) % of 56.28% is 56% above median its 10-year median of 36.11. Over the past 10 years, this metric has ranged from a low of 15.30 to a high of 52.45. The Oil & Gas industry median ROC (Joel Greenblatt) % is 9.31. Aradel Holdings' value of 56.28% is 504.8% above this industry median. Based on the distribution chart, Aradel Holdings ranks #100 out of 1004 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Aradel Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Aradel Holdings' ROC (Joel Greenblatt) % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Aradel Holdings ranks #100 out of 1004 companies for ROC (Joel Greenblatt) %. This places Aradel Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.31. Aradel Holdings' value of 56.28% is 504.8% above this benchmark. Historically, Aradel Holdings' own ROC (Joel Greenblatt) % has ranged from 15.30 to 52.45 over the past decade. While the company's 10-year median is 36.11 vs. the industry median of 9.31, Aradel Holdings 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 9.31, based on 1,004 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. Aradel Holdings's current ROC (Joel Greenblatt) % of 56.28% is 504.8% 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 Aradel Holdings and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 9.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aradel Holdings's current ROC (Joel Greenblatt) % is 56.28%, which is 56% above median its own 10-year median of 36.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aradel Holdings stock overvalued right now?
Aradel Holdings (NSA:ARADEL) has a current ROC (Joel Greenblatt) % of 56.28%. The current ROC (Joel Greenblatt) % is 56.28%, which is 56% above median its 10-year median of 36.11 and 504.8% above the Oil & Gas industry median of 9.31. Aradel Holdings' overall GF Score™ is 21/100 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 Aradel Holdings (NSA:ARADEL), the current ROC (Joel Greenblatt) % is 56.28% 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.
Aradel Holdings PLC is an indigenous energy company in Nigeria. It engaged in the upstream, midstream, and downstream value chain of the oil and gas industry. Its operations include Energy Transition and Renewable Energy. The group's assets are OML 54, OML 53, OML 34, and OPL 227. The group's operations cover four segments: Crude Oil, Gas, Refinery & Investment Properties. The maximum revenue is from Crude Oil.
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