ODVCI (Oil & Gas Development Co) ROC (Joel Greenblatt) %: 31.82% (As of Mar. 2026) — Near Median


What is Oil & Gas Development Co ROC (Joel Greenblatt) %?

Oil & Gas Development Co ODVCI 87 ROC (Joel Greenblatt) % is 31.82% as of Mar. 2026, which is 0% above its 10-year median of 31.78. GuruFocus rates ODVCI with a GF Score™ of 87/100. The stock has 7 warning signs investors should review. Among 997 Oil & Gas companies, Oil & Gas Development Co ranks better than 84.25% 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. Oil & Gas Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.82%.

The historical rank and industry rank for Oil & Gas Development Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ODVCI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.3   Med: 31.78   Max: 57.01
Current: 27.67

During the past 13 years, Oil & Gas Development Co's highest ROC (Joel Greenblatt) % was 57.01%. The lowest was 24.30%. And the median was 31.78%.

ODVCI's ROC (Joel Greenblatt) % is ranked better than
84.25% of 997 companies
in the Oil & Gas industry
Industry Median: 8.44 vs ODVCI: 27.67

Oil & Gas Development Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.20% per year.


Oil & Gas Development Co  (OTCPK:ODVCI) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Oil & Gas Development Co ROC (Joel Greenblatt) % Related Terms


Oil & Gas Development Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Oil & Gas Development Co'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.

Oil & Gas Development Co ROC (Joel Greenblatt) % Chart

Oil & Gas Development Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.30 39.30 57.01 41.85 32.10

Oil & Gas Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.77 26.10 27.87 23.97 31.82

ODVCI vs COP, EOG, FANG: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas E&P subindustry, Oil & Gas Development Co'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.


Oil & Gas Development Co ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oil & Gas Development Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Oil & Gas Development Co's ROC (Joel Greenblatt) % falls into.



Oil & Gas Development Co 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2098.093 + 110.136 + 624.773) - (238.549 + 0 + 173.476)
=2420.977

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2151.553 + 112.14 + 674.481) - (155.266 + 0 + 274.881)
=2508.027

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Oil & Gas Development Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=953.492/( ( (514.861 + max(2420.977, 0)) + (548.451 + max(2508.027, 0)) )/ 2 )
=953.492/( ( 2935.838 + 3056.478 )/ 2 )
=953.492/2996.158
=31.82 %

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 31.82% mean?
Oil & Gas Development Co (ODVCI) has a ROC (Joel Greenblatt) % of 31.82% 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 Oil & Gas Development Co and its competitors. This is near median its historical median of 31.78. Over the past decade, Oil & Gas Development Co's ROC (Joel Greenblatt) % has ranged from 24.30 to 57.01. According to the industry distribution chart, Oil & Gas Development Co ranks #157 out of 997 companies in the Oil & Gas industry, placing it in the top 15.7%.
Is Oil & Gas Development Co's ROC (Joel Greenblatt) % too high?
Oil & Gas Development Co's current ROC (Joel Greenblatt) % of 31.82% is near median its 10-year median of 31.78. Over the past 10 years, this metric has ranged from a low of 24.30 to a high of 57.01. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.44. Oil & Gas Development Co's value of 31.82% is 277% above this industry median. Based on the distribution chart, Oil & Gas Development Co ranks #157 out of 997 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Oil & Gas Development Co has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Oil & Gas Development Co's ROC (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Oil & Gas Development Co ranks #157 out of 997 companies for ROC (Joel Greenblatt) %. This places Oil & Gas Development Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.44. Oil & Gas Development Co's value of 31.82% is 277% above this benchmark. Historically, Oil & Gas Development Co's own ROC (Joel Greenblatt) % has ranged from 24.30 to 57.01 over the past decade. While the company's 10-year median is 31.78 vs. the industry median of 8.44, Oil & Gas Development Co 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 8.44, based on 997 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. Oil & Gas Development Co's current ROC (Joel Greenblatt) % of 31.82% is 277% 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 Oil & Gas Development Co and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil & Gas Development Co's current ROC (Joel Greenblatt) % is 31.82%, which is near median its own 10-year median of 31.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Gas Development Co stock overvalued right now?
Oil & Gas Development Co (ODVCI) has a current ROC (Joel Greenblatt) % of 31.82%. The current ROC (Joel Greenblatt) % is 31.82%, which is near median its 10-year median of 31.78 and 277% above the Oil & Gas industry median of 8.44. Oil & Gas Development Co's overall GF Score™ is 87/100 with 7 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 Oil & Gas Development Co (ODVCI), the current ROC (Joel Greenblatt) % is 31.82% 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.

Oil & Gas Development Co Business Description

Industry EnergyOil & Gas
Other Exchanges OGDC:PakistanOGDC:UK
Address Plot No. 3, Jinnah Avenue, OGDCL House, F-6/G-6, Blue Area, Islamabad, PAK
Oil & Gas Development Co Ltd is a Pakistani state-owned oil and gas exploration and production company. It operates a broad portfolio of oil and gas fields across Pakistan, focusing on exploring, developing, producing, and selling crude oil, natural gas, liquefied petroleum gas, and sulfur. The company generates revenue through the sale of these petroleum products, supplying sectors like power generation, fertilizer, and distribution companies. The company also pursues opportunities to expand domestically and internationally, including involvement in mining and energy projects beyond Pakistan.