Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. 8990 Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 11.68%.
The historical rank and industry rank for 8990 Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
PHS:HOUSE's ROC (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 12.68 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
8990 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.
8990 Holdings ROC (Joel Greenblatt) % Related Terms
8990 Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for 8990 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.
For the Real Estate - Development subindustry, 8990 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.
8990 Holdings ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, 8990 Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where 8990 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 (Jun. 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 11.68% mean?
8990 Holdings (PHS:HOUSE) has a ROC (Joel Greenblatt) % of 11.68% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on 8990 Holdings and its competitors.
Is 8990 Holdings' ROC (Joel Greenblatt) % too high?
8990 Holdings' current ROC (Joel Greenblatt) % is 11.68%. The Real Estate industry median ROC (Joel Greenblatt) % is 12.68. 8990 Holdings' value of 11.68% is 7.9% below this industry median. Overall, 8990 Holdings has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does 8990 Holdings' ROC (Joel Greenblatt) % compare to competitors?
8990 Holdings' ROC (Joel Greenblatt) % of 11.68% can be compared against companies in the Real Estate industry. The industry median ROC (Joel Greenblatt) % is 12.68. 8990 Holdings' value of 11.68% is 7.9% below this benchmark. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.68, based on 1,749 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. 8990 Holdings's current ROC (Joel Greenblatt) % of 11.68% is 7.9% 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 8990 Holdings and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 8990 Holdings's current ROC (Joel Greenblatt) % is 11.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 8990 Holdings stock overvalued right now?
8990 Holdings (PHS:HOUSE) has a current ROC (Joel Greenblatt) % of 11.68%. The current ROC (Joel Greenblatt) % is 11.68% and 7.9% below the Real Estate industry median of 12.68. 8990 Holdings' overall GF Score™ is 6/100. 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 8990 Holdings (PHS:HOUSE), the current ROC (Joel Greenblatt) % is 11.68% as of Jun. 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.
8990 Holdings Inc is a holding company with subsidiaries that operate in housing and resort real estate development. The group's operating segments are managed in four separate segments according to the nature of their products and markets as follows: Low-cost Mass Housing, Medium-rise Condominiums, High-rise Condominiums, and Others. The High-rise Condominiums segment is responsible for generating a majority of the company's revenue. All the company's operations take place in the Philippines, where it earns all its revenue.
6GF Score
Get the complete analysis for PHS:HOUSE
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:HOUSE has been successfully added to your 
