Aboitiz Equity VenturesPHS:AEV -2.08%87 ROC (Joel Greenblatt) % is 24.06% as of Mar. 2026, which is 16% above its 10-year median of 20.76. GuruFocus rates PHS:AEV with a GF Score™ of 87/100 and a GF Value™ of ₱40.96 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 505 Utilities - Regulated companies, Aboitiz Equity Ventures ranks better than 74.65% 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. Aboitiz Equity Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.06%.
The historical rank and industry rank for Aboitiz Equity Ventures's ROC (Joel Greenblatt) % or its related term are showing as below:
PHS:AEV'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.59 Med: 20.76 Max: 23.87
Current: 22.85
During the past 13 years, Aboitiz Equity Ventures's highest ROC (Joel Greenblatt) % was 23.87%. The lowest was 17.59%. And the median was 20.76%.
PHS:AEV's ROC (Joel Greenblatt) % is ranked better than 74.65% of 505
companies
in the Utilities - Regulated industry
Industry Median: 10.71
vs PHS:AEV: 22.85
Aboitiz Equity Ventures's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.60% 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.
Aboitiz Equity Ventures ROC (Joel Greenblatt) % Related Terms
Aboitiz Equity Ventures ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aboitiz Equity Ventures'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.
PHS:AEV vs NEE, SO, DUK: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, Aboitiz Equity Ventures'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.
Aboitiz Equity Ventures ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Aboitiz Equity Ventures's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aboitiz Equity Ventures'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 24.06% mean?
Aboitiz Equity Ventures (PHS:AEV) has a ROC (Joel Greenblatt) % of 24.06% 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 Aboitiz Equity Ventures and its competitors. This is 16% above median its historical median of 20.76. Over the past decade, Aboitiz Equity Ventures' ROC (Joel Greenblatt) % has ranged from 17.59 to 23.87. According to the industry distribution chart, Aboitiz Equity Ventures ranks #128 out of 505 companies in the Utilities - Regulated industry, placing it in the top 25.3%.
Is Aboitiz Equity Ventures' ROC (Joel Greenblatt) % too high?
Aboitiz Equity Ventures' current ROC (Joel Greenblatt) % of 24.06% is 16% above median its 10-year median of 20.76. Over the past 10 years, this metric has ranged from a low of 17.59 to a high of 23.87. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.71. Aboitiz Equity Ventures' value of 24.06% is 124.6% above this industry median. Based on the distribution chart, Aboitiz Equity Ventures ranks #128 out of 505 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Aboitiz Equity Ventures has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aboitiz Equity Ventures' ROC (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Aboitiz Equity Ventures ranks #128 out of 505 companies for ROC (Joel Greenblatt) %. This puts Aboitiz Equity Ventures in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.71. Aboitiz Equity Ventures' value of 24.06% is 124.6% above this benchmark. Historically, Aboitiz Equity Ventures' own ROC (Joel Greenblatt) % has ranged from 17.59 to 23.87 over the past decade. While the company's 10-year median is 20.76 vs. the industry median of 10.71, Aboitiz Equity Ventures 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 Utilities - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.71, based on 505 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. Aboitiz Equity Ventures's current ROC (Joel Greenblatt) % of 24.06% is 124.6% 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 Aboitiz Equity Ventures and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aboitiz Equity Ventures's current ROC (Joel Greenblatt) % is 24.06%, which is 16% above median its own 10-year median of 20.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aboitiz Equity Ventures stock overvalued right now?
Based on GuruFocus' analysis, Aboitiz Equity Ventures (PHS:AEV) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱40.96, compared to a current price of ₱32.90 — trading 19.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.06%, which is 16% above median its 10-year median of 20.76 and 124.6% above the Utilities - Regulated industry median of 10.71. Aboitiz Equity Ventures' overall GF Score™ is 87/100 with 6 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 Aboitiz Equity Ventures (PHS:AEV), the current ROC (Joel Greenblatt) % is 24.06% 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 Aboitiz Equity Ventures (PHS:AEV) Overvalued in 2026?
Based on GuruFocus' analysis, Aboitiz Equity Ventures stock appears to be undervalued.
The current stock price of ₱32.90 is trading 19.7% below its estimated GF Value™ of ₱40.96.
GuruFocus considers Aboitiz Equity Ventures to be Modestly Undervalued.
Key valuation signals for PHS:AEV:
ROC (Joel Greenblatt) %: 24.06% (16% above median its 10-year median of 20.76)
GF Value™: ₱40.96 vs. price of ₱32.90 (19.7% below fair value)
Industry Position: 124.6% above the Utilities - Regulated median (#128 of 505)
No single metric tells the full story. See the PHS:AEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aboitiz Equity Ventures Inc is a Philippine holding company with reportable segments of power distribution and generation, financial services, food and beverage, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds, and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.
87GF Score
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