PCOFF (Pico Far East Holdings) ROC (Joel Greenblatt) %: 88.72% (As of Oct. 2025) — 82% Above Median


PCOFF Pico Far East Holdings Ltd PCOFF
79 GF Score
Price $0.33
GF Value $0.36
! 1 Warning Sign
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What is Pico Far East Holdings ROC (Joel Greenblatt) %?

Pico Far East Holdings PCOFF 79 ROC (Joel Greenblatt) % is 88.72% as of Oct. 2025, which is 82% above its 10-year median of 48.88. GuruFocus rates PCOFF with a GF Score™ of 79/100 and a GF Value™ of $0.36. The stock has 1 warning sign investors should review. Among 1,021 Media - Diversified companies, Pico Far East Holdings ranks better than 84.43% 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. Pico Far East Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was 88.72%.

The historical rank and industry rank for Pico Far East Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

PCOFF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.11   Med: 48.88   Max: 84.43
Current: 84.43

During the past 13 years, Pico Far East Holdings's highest ROC (Joel Greenblatt) % was 84.43%. The lowest was 10.11%. And the median was 48.88%.

PCOFF's ROC (Joel Greenblatt) % is ranked better than
84.43% of 1021 companies
in the Media - Diversified industry
Industry Median: 9.21 vs PCOFF: 84.43

Pico Far East Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 53.10% per year.


Pico Far East Holdings  (OTCPK:PCOFF) 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.


Pico Far East Holdings ROC (Joel Greenblatt) % Related Terms


Pico Far East Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pico Far East 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.

Pico Far East Holdings ROC (Joel Greenblatt) % Chart

Pico Far East Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.51 26.22 47.67 70.13 82.48

Pico Far East Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 72.94 67.18 81.45 88.72 79.37

PCOFF vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, Pico Far East 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.


Pico Far East Holdings ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pico Far East Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pico Far East Holdings's ROC (Joel Greenblatt) % falls into.


PCOFF
79GF Score
Pico Far East Holdings Ltd PCOFF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pico Far East Holdings 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: Apr. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.411 + 1.245 + 51.137) - (49.499 + 0 + 301.476)
=-223.182

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(119.401 + 1.062 + 21.775) - (61.308 + 0 + 292.199)
=-211.269

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pico Far East Holdings for the quarter that ended in Oct. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2025  Q: Oct. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=77.654/( ( (84.311 + max(-223.182, 0)) + (90.741 + max(-211.269, 0)) )/ 2 )
=77.654/( ( 84.311 + 90.741 )/ 2 )
=77.654/87.526
=88.72 %

Note: The EBIT data used here is two times the semi-annual (Oct. 2025) 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 88.72% mean?
Pico Far East Holdings (PCOFF) has a ROC (Joel Greenblatt) % of 88.72% as of Oct. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Pico Far East Holdings and its competitors. This is 82% above median its historical median of 48.88. Over the past decade, Pico Far East Holdings' ROC (Joel Greenblatt) % has ranged from 10.11 to 84.43. According to the industry distribution chart, Pico Far East Holdings ranks #159 out of 1021 companies in the Media - Diversified industry, placing it in the top 15.6%.
Is Pico Far East Holdings' ROC (Joel Greenblatt) % too high?
Pico Far East Holdings' current ROC (Joel Greenblatt) % of 88.72% is 82% above median its 10-year median of 48.88. Over the past 10 years, this metric has ranged from a low of 10.11 to a high of 84.43. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.21. Pico Far East Holdings' value of 88.72% is 863.3% above this industry median. Based on the distribution chart, Pico Far East Holdings ranks #159 out of 1021 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Pico Far East Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Pico Far East Holdings' ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Pico Far East Holdings ranks #159 out of 1021 companies for ROC (Joel Greenblatt) %. This places Pico Far East Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.21. Pico Far East Holdings' value of 88.72% is 863.3% above this benchmark. Historically, Pico Far East Holdings' own ROC (Joel Greenblatt) % has ranged from 10.11 to 84.43 over the past decade. While the company's 10-year median is 48.88 vs. the industry median of 9.21, Pico Far East 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.21, based on 1,021 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. Pico Far East Holdings's current ROC (Joel Greenblatt) % of 88.72% is 863.3% 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 Pico Far East Holdings and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pico Far East Holdings's current ROC (Joel Greenblatt) % is 88.72%, which is 82% above median its own 10-year median of 48.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pico Far East Holdings stock overvalued right now?
Pico Far East Holdings (PCOFF) has a current ROC (Joel Greenblatt) % of 88.72%. The stock's GF Value™ is $0.36, compared to a current price of $0.33 — trading 8.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 88.72%, which is 82% above median its 10-year median of 48.88 and 863.3% above the Media - Diversified industry median of 9.21. Pico Far East Holdings' overall GF Score™ is 79/100 with 1 warning sign 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 Pico Far East Holdings (PCOFF), the current ROC (Joel Greenblatt) % is 88.72% as of Oct. 2025. 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 Pico Far East Holdings (PCOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Pico Far East Holdings stock appears to be undervalued. The current stock price of $0.33 is trading 8.3% below its estimated GF Value™ of $0.36.

Key valuation signals for PCOFF:

  • ROC (Joel Greenblatt) %: 88.72% (82% above median its 10-year median of 48.88)
  • GF Value™: $0.36 vs. price of $0.33 (8.3% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 863.3% above the Media - Diversified median (#159 of 1021)

No single metric tells the full story. See the PCOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pico Far East Holdings Business Description

Other Exchanges 00752:Hong KongPJFB:Germany
Address Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Pico Far East Holdings Ltd is in brand activation. It promotes brands and provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Brand experience activation; Museum and themed entertainment and Meeting architecture activation. It generates maximum revenue from the Brand experience activation segment. Geographically, it derives a majority of its revenue from Greater China.
79GF Score

Get the complete analysis for PCOFF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.33
Price
$0.36
GF Value