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Promisia HealthcareNZSE:PHL -1.33%29 ROC (Joel Greenblatt) % is 120.70% as of Mar. 2026. GuruFocus rates NZSE:PHL with a GF Score™ of 29/100 and a GF Value™ of NZ$0.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 668 Healthcare Providers & Services companies, Promisia Healthcare ranks better than 85.33% 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. Promisia Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 120.70%.
The historical rank and industry rank for Promisia Healthcare's ROC (Joel Greenblatt) % or its related term are showing as below:
NZSE:PHL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -219.17 Med: -12.65 Max: 125.68
Current: 70.27
During the past 13 years, Promisia Healthcare's highest ROC (Joel Greenblatt) % was 125.68%. The lowest was -219.17%. And the median was -12.65%.
NZSE:PHL's ROC (Joel Greenblatt) % is ranked better than 85.33% of 668
companies
in the Healthcare Providers & Services industry
Industry Median: 12.625
vs NZSE:PHL: 70.27
Promisia Healthcare'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.
Promisia Healthcare ROC (Joel Greenblatt) % Related Terms
Promisia Healthcare ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Promisia Healthcare'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.
NZSE:PHL vs HCA, THC, DVA: ROC (Joel Greenblatt) % Comparison
For the Medical Care Facilities subindustry, Promisia Healthcare'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.
Promisia Healthcare ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Promisia Healthcare's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Promisia Healthcare'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 (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 120.70% mean?
Promisia Healthcare (NZSE:PHL) has a ROC (Joel Greenblatt) % of 120.70% 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 Promisia Healthcare and its competitors. According to the industry distribution chart, Promisia Healthcare ranks #98 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 14.7%.
Is Promisia Healthcare's ROC (Joel Greenblatt) % too high?
Promisia Healthcare's current ROC (Joel Greenblatt) % is 120.70%. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.63. Promisia Healthcare's value of 120.70% is 856% above this industry median. Based on the distribution chart, Promisia Healthcare ranks #98 out of 668 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Promisia Healthcare has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Promisia Healthcare's ROC (Joel Greenblatt) % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Promisia Healthcare ranks #98 out of 668 companies for ROC (Joel Greenblatt) %. This places Promisia Healthcare in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.63. Promisia Healthcare's value of 120.70% is 856% 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.63, based on 668 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. Promisia Healthcare's current ROC (Joel Greenblatt) % of 120.70% is 856% 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 Promisia Healthcare and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promisia Healthcare's current ROC (Joel Greenblatt) % is 120.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promisia Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Promisia Healthcare (NZSE:PHL) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.42, compared to a current price of NZ$0.74 — trading 76.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 120.70% and 856% above the Healthcare Providers & Services industry median of 12.63. Promisia Healthcare's overall GF Score™ is 29/100 with 8 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 Promisia Healthcare (NZSE:PHL), the current ROC (Joel Greenblatt) % is 120.70% 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 Promisia Healthcare (NZSE:PHL) Overvalued in 2026?
Based on GuruFocus' analysis, Promisia Healthcare stock appears to be overvalued.
The current stock price of NZ$0.74 is trading 76.2% above its estimated GF Value™ of NZ$0.42.
GuruFocus considers Promisia Healthcare to be Significantly Overvalued.
Key valuation signals for NZSE:PHL:
ROC (Joel Greenblatt) %: 120.70%
GF Value™: NZ$0.42 vs. price of NZ$0.74 (76.2% above fair value)
Industry Position: 856% above the Healthcare Providers & Services median (#98 of 668)
No single metric tells the full story. See the NZSE:PHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promisia Healthcare Ltd is engaged in the provision of aged care in New Zealand. The company's services include Resthome Care, Hospital (Continuing) Care, Respite (Short Term) Care, Young Disabled Care, Dementia Care, and others. The Group operates in one operating segment: the provision of aged care in New Zealand.
29GF Score
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