OneSpaWorld HoldingsOSW -1.34%85 ROC (Joel Greenblatt) % is 91.79% as of Mar. 2026, which is 7% above its 10-year median of 85.73. GuruFocus rates OSW with a GF Score™ of 85/100 and a GF Value™ of $19.84 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 846 Travel & Leisure companies, OneSpaWorld Holdings ranks better than 90.54% 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. OneSpaWorld Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 91.79%.
The historical rank and industry rank for OneSpaWorld Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
OSW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -788.68 Med: 85.73 Max: 195.7
Current: 102.61
During the past 10 years, OneSpaWorld Holdings's highest ROC (Joel Greenblatt) % was 195.70%. The lowest was -788.68%. And the median was 85.73%.
OSW's ROC (Joel Greenblatt) % is ranked better than 90.54% of 846
companies
in the Travel & Leisure industry
Industry Median: 9.955
vs OSW: 102.61
OneSpaWorld 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.
OneSpaWorld Holdings ROC (Joel Greenblatt) % Related Terms
OneSpaWorld Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for OneSpaWorld 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.
OSW vs PTON, CALY, FUN: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, OneSpaWorld 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.
OneSpaWorld Holdings ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, OneSpaWorld Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OneSpaWorld 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 (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 91.79% mean?
OneSpaWorld Holdings (OSW) has a ROC (Joel Greenblatt) % of 91.79% 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 OneSpaWorld Holdings and its competitors. This is near median its historical median of 85.73. According to the industry distribution chart, OneSpaWorld Holdings ranks #80 out of 846 companies in the Travel & Leisure industry, placing it in the top 9.5%.
Is OneSpaWorld Holdings' ROC (Joel Greenblatt) % too high?
OneSpaWorld Holdings' current ROC (Joel Greenblatt) % of 91.79% is near median its 10-year median of 85.73. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.96. OneSpaWorld Holdings' value of 91.79% is 822% above this industry median. Based on the distribution chart, OneSpaWorld Holdings ranks #80 out of 846 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, OneSpaWorld Holdings has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OneSpaWorld Holdings' ROC (Joel Greenblatt) % compare to PTON and CALY?
According to the Travel & Leisure industry distribution chart, OneSpaWorld Holdings ranks #80 out of 846 companies for ROC (Joel Greenblatt) %. This places OneSpaWorld Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.96. OneSpaWorld Holdings' value of 91.79% is 822% above this benchmark. While the company's 10-year median is 85.73 vs. the industry median of 9.96, OneSpaWorld 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 a Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.96, based on 846 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. OneSpaWorld Holdings's current ROC (Joel Greenblatt) % of 91.79% is 822% 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 OneSpaWorld Holdings and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneSpaWorld Holdings's current ROC (Joel Greenblatt) % is 91.79%, which is near median its own 10-year median of 85.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneSpaWorld Holdings stock overvalued right now?
Based on GuruFocus' analysis, OneSpaWorld Holdings (OSW) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.84, compared to a current price of $27.31 — trading 37.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 91.79%, which is near median its 10-year median of 85.73 and 822% above the Travel & Leisure industry median of 9.96. OneSpaWorld Holdings' overall GF Score™ is 85/100 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 OneSpaWorld Holdings (OSW), the current ROC (Joel Greenblatt) % is 91.79% 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 OneSpaWorld Holdings (OSW) Overvalued in 2026?
Based on GuruFocus' analysis, OneSpaWorld Holdings stock appears to be overvalued.
The current stock price of $27.31 is trading 37.7% above its estimated GF Value™ of $19.84.
GuruFocus considers OneSpaWorld Holdings to be Significantly Overvalued.
Key valuation signals for OSW:
ROC (Joel Greenblatt) %: 91.79% (near median its 10-year median of 85.73)
GF Value™: $19.84 vs. price of $27.31 (37.7% above fair value)
Industry Position: 822% above the Travel & Leisure median (#80 of 846)
No single metric tells the full story. See the OSW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts all over the world. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.
85GF Score
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