Globe Telecom (PHS:GLO) ROC (Joel Greenblatt) %: 9.31% (As of Mar. 2026) — 46% Below Median


PHS:GLO Globe Telecom Inc PHS:GLO
79 GF Score
Price ₱1,925.00
GF Value ₱1,766.65
Valuation Fairly Valued
! 8 Warning Signs
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What is Globe Telecom ROC (Joel Greenblatt) %?

Globe Telecom PHS:GLO +6.94% 79 ROC (Joel Greenblatt) % is 9.31% as of Mar. 2026, which is 46% below its 10-year median of 17.28. GuruFocus rates PHS:GLO with a GF Score™ of 79/100 and a GF Value™ of ₱1,766.65 (Fairly Valued). The stock has 8 warning signs investors should review. Among 367 Telecommunication Services companies, Globe Telecom ranks worse than 60.49% 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. Globe Telecom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.31%.

The historical rank and industry rank for Globe Telecom's ROC (Joel Greenblatt) % or its related term are showing as below:

PHS:GLO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.4   Med: 17.28   Max: 21.95
Current: 9.4

During the past 13 years, Globe Telecom's highest ROC (Joel Greenblatt) % was 21.95%. The lowest was 9.40%. And the median was 17.28%.

PHS:GLO's ROC (Joel Greenblatt) % is ranked worse than
60.49% of 367 companies
in the Telecommunication Services industry
Industry Median: 14.96 vs PHS:GLO: 9.40

Globe Telecom's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.50% per year.


Globe Telecom  (PHS:GLO) 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.


Globe Telecom ROC (Joel Greenblatt) % Related Terms


Globe Telecom ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Globe Telecom'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.

Globe Telecom ROC (Joel Greenblatt) % Chart

Globe Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.83 17.28 12.17 10.46 9.80

Globe Telecom 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 10.86 9.24 9.22 9.85 9.31

PHS:GLO vs TMUS, VZ, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Globe Telecom'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.


Globe Telecom ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Globe Telecom's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Globe Telecom's ROC (Joel Greenblatt) % falls into.


PHS:GLO
79GF Score
Globe Telecom Inc PHS:GLO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Telecom 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)
=(17892.54 + 2318.95 + 26160.446) - (25376.866 + 0 + 58947.861)
=-37952.791

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17598.742 + 2242.372 + 28188.952) - (30400.762 + 0 + 54966.517)
=-37337.213

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Globe Telecom 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 )
=42820.82/( ( (455545.776 + max(-37952.791, 0)) + (464367.618 + max(-37337.213, 0)) )/ 2 )
=42820.82/( ( 455545.776 + 464367.618 )/ 2 )
=42820.82/459956.697
=9.31 %

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 9.31% mean?
Globe Telecom (PHS:GLO) has a ROC (Joel Greenblatt) % of 9.31% 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 Globe Telecom and its competitors. This is 46% below median its historical median of 17.28. Over the past decade, Globe Telecom's ROC (Joel Greenblatt) % has ranged from 9.40 to 21.95. According to the industry distribution chart, Globe Telecom ranks #222 out of 367 companies in the Telecommunication Services industry, placing it in the top 60.5%.
Is Globe Telecom's ROC (Joel Greenblatt) % too high?
Globe Telecom's current ROC (Joel Greenblatt) % of 9.31% is 46% below median its 10-year median of 17.28. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 21.95. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.96. Globe Telecom's value of 9.31% is 37.8% below this industry median. Based on the distribution chart, Globe Telecom ranks #222 out of 367 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Globe Telecom has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Telecom's ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Globe Telecom ranks #222 out of 367 companies for ROC (Joel Greenblatt) %. This places Globe Telecom in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.96. Globe Telecom's value of 9.31% is 37.8% below this benchmark. Historically, Globe Telecom's own ROC (Joel Greenblatt) % has ranged from 9.40 to 21.95 over the past decade. While the company's 10-year median is 17.28 vs. the industry median of 14.96, Globe Telecom has consistently been below 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.96, based on 367 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. Globe Telecom's current ROC (Joel Greenblatt) % of 9.31% is 37.8% below 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 Globe Telecom and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Telecom's current ROC (Joel Greenblatt) % is 9.31%, which is 46% below median its own 10-year median of 17.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Telecom stock overvalued right now?
Based on GuruFocus' analysis, Globe Telecom (PHS:GLO) is currently considered Fairly Valued. The stock's GF Value™ is ₱1,766.65, compared to a current price of ₱1,925.00 — trading 9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.31%, which is 46% below median its 10-year median of 17.28 and 37.8% below the Telecommunication Services industry median of 14.96. Globe Telecom's overall GF Score™ is 79/100 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 Globe Telecom (PHS:GLO), the current ROC (Joel Greenblatt) % is 9.31% 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 Globe Telecom (PHS:GLO) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Telecom stock appears to be overvalued. The current stock price of ₱1,925.00 is trading 9% above its estimated GF Value™ of ₱1,766.65. GuruFocus considers Globe Telecom to be Fairly Valued.

Key valuation signals for PHS:GLO:

  • ROC (Joel Greenblatt) %: 9.31% (46% below median its 10-year median of 17.28)
  • GF Value™: ₱1,766.65 vs. price of ₱1,925.00 (9% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 37.8% below the Telecommunication Services median (#222 of 367)

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


Globe Telecom Business Description

Other Exchanges GTMEF:USA
Address 32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634
Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line, and Broadband Business. Mobile involves traditional mobile services and contributes the majority of the company's revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.
79GF Score

Get the complete analysis for PHS:GLO

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

₱1,925.00
Price
₱1,766.65
GF Value