Polar Capital HoldingsPLRRF +16.32%78 ROC (Joel Greenblatt) % is 2,091.22% as of Mar. 2026, which is 95% above its 10-year median of 1,073.27. GuruFocus rates PLRRF with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $7.08 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 626 Asset Management companies, Polar Capital Holdings ranks better than 81.31% 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. Polar Capital Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2,091.22%.
The historical rank and industry rank for Polar Capital Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
PLRRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 582.78 Med: 1073.27 Max: 3413.97
Current: 901.08
During the past 13 years, Polar Capital Holdings's highest ROC (Joel Greenblatt) % was 3413.97%. The lowest was 582.78%. And the median was 1073.27%.
PLRRF's ROC (Joel Greenblatt) % is ranked better than 81.31% of 626
companies
in the Asset Management industry
Industry Median: 62.7
vs PLRRF: 901.08
Polar Capital Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -15.00% per year.
Polar Capital Holdings (OTCPK:PLRRF) 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.
Polar Capital Holdings ROC (Joel Greenblatt) % Related Terms
Polar Capital Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Polar Capital 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.
Polar Capital Holdings ROC (Joel Greenblatt) % Chart
PLRRF vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Polar Capital 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.
Polar Capital Holdings ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Polar Capital Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Polar Capital Holdings's ROC (Joel Greenblatt) % falls into.
Polar Capital 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:
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 two times the semi-annual (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 2,091.22% mean?
Polar Capital Holdings (PLRRF) has a ROC (Joel Greenblatt) % of 2,091.22% 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 Polar Capital Holdings and its competitors. This is 95% above median its historical median of 1,073.27. Over the past decade, Polar Capital Holdings' ROC (Joel Greenblatt) % has ranged from 582.78 to 3,413.97. According to the industry distribution chart, Polar Capital Holdings ranks #117 out of 626 companies in the Asset Management industry, placing it in the top 18.7%.
Is Polar Capital Holdings' ROC (Joel Greenblatt) % too high?
Polar Capital Holdings' current ROC (Joel Greenblatt) % of 2,091.22% is 95% above median its 10-year median of 1,073.27. Over the past 10 years, this metric has ranged from a low of 582.78 to a high of 3,413.97. The Asset Management industry median ROC (Joel Greenblatt) % is 62.70. Polar Capital Holdings' value of 2,091.22% is 3235.3% above this industry median. Based on the distribution chart, Polar Capital Holdings ranks #117 out of 626 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Polar Capital Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Holdings' ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Holdings ranks #117 out of 626 companies for ROC (Joel Greenblatt) %. This places Polar Capital Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 62.70. Polar Capital Holdings' value of 2,091.22% is 3235.3% above this benchmark. Historically, Polar Capital Holdings' own ROC (Joel Greenblatt) % has ranged from 582.78 to 3,413.97 over the past decade. While the company's 10-year median is 1,073.27 vs. the industry median of 62.70, Polar Capital 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.70, based on 626 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. Polar Capital Holdings's current ROC (Joel Greenblatt) % of 2,091.22% is 3235.3% 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 Polar Capital Holdings and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Holdings's current ROC (Joel Greenblatt) % is 2,091.22%, which is 95% above median its own 10-year median of 1,073.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Holdings (PLRRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.08, compared to a current price of $10.76 — trading 52% above its estimated fair value. The current ROC (Joel Greenblatt) % is 2,091.22%, which is 95% above median its 10-year median of 1,073.27 and 3235.3% above the Asset Management industry median of 62.70. Polar Capital Holdings' overall GF Score™ is 78/100 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 Polar Capital Holdings (PLRRF), the current ROC (Joel Greenblatt) % is 2,091.22% 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 Polar Capital Holdings (PLRRF) Overvalued in 2026?
Based on GuruFocus' analysis, Polar Capital Holdings stock appears to be overvalued.
The current stock price of $10.76 is trading 52% above its estimated GF Value™ of $7.08.
GuruFocus considers Polar Capital Holdings to be Significantly Overvalued.
Key valuation signals for PLRRF:
ROC (Joel Greenblatt) %: 2,091.22% (95% above median its 10-year median of 1,073.27)
GF Value™: $7.08 vs. price of $10.76 (52% above fair value)
Industry Position: 3235.3% above the Asset Management median (#117 of 626)
No single metric tells the full story. See the PLRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polar Capital Holdings PLC is a specialist investment management company. It offers professional and institutional investors a range of geographical and sector funds. The company has long-only and absolute return funds in its product range. The company offers fundamental funds that are diversified by asset class, geography, sector, and structure. The company has one operating segment, which is investment management. It operates in the United Kingdom, Ireland, Cayman Islands, Rest of Europe, United States of America, and Rest of the world. The group's revenue-generating operations are in London and Zurich.
78GF Score
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