RFLFF (Raffles Education) ROC (Joel Greenblatt) %: 4.97% (As of Dec. 2025) — 19% Below Median


RFLFF Raffles Education Ltd RFLFF
42 GF Score
Price $0.05
GF Value $0.02
! 6 Warning Signs
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What is Raffles Education ROC (Joel Greenblatt) %?

Raffles Education RFLFF 42 ROC (Joel Greenblatt) % is 4.97% as of Dec. 2025, which is 19% below its 10-year median of 6.15. GuruFocus rates RFLFF with a GF Score™ of 42/100 and a GF Value™ of $0.02. The stock has 6 warning signs investors should review. Among 263 Education companies, Raffles Education ranks worse than 69.58% 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. Raffles Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.97%.

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

RFLFF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.67   Med: 6.15   Max: 13.48
Current: 3.77

During the past 13 years, Raffles Education's highest ROC (Joel Greenblatt) % was 13.48%. The lowest was -3.67%. And the median was 6.15%.

RFLFF's ROC (Joel Greenblatt) % is ranked worse than
69.58% of 263 companies
in the Education industry
Industry Median: 18.32 vs RFLFF: 3.77

Raffles Education's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Raffles Education  (OTCPK:RFLFF) 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.


Raffles Education ROC (Joel Greenblatt) % Related Terms


Raffles Education ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Raffles Education'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.

Raffles Education ROC (Joel Greenblatt) % Chart

Raffles Education Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 6.84 3.29 -0.46 5.46

Raffles Education Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.03 -6.06 8.03 2.64 4.97

RFLFF vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison

For the Education & Training Services subindustry, Raffles Education'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.


Raffles Education ROC (Joel Greenblatt) % vs Education Industry

For the Education industry and Consumer Defensive sector, Raffles Education's ROC (Joel Greenblatt) % distribution charts can be found below:

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


RFLFF
42GF Score
Raffles Education Ltd RFLFF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raffles Education 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.322 + 0.047 + 62.905) - (39.312 + 0 + 33.315)
=-5.353

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.598 + 0.051 + 61.166) - (34.863 + 0 + 46.05)
=-15.098

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Raffles Education for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18.546/( ( (369.677 + max(-5.353, 0)) + (376.737 + max(-15.098, 0)) )/ 2 )
=18.546/( ( 369.677 + 376.737 )/ 2 )
=18.546/373.207
=4.97 %

Note: The EBIT data used here is two times the semi-annual (Dec. 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 4.97% mean?
Raffles Education (RFLFF) has a ROC (Joel Greenblatt) % of 4.97% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Raffles Education and its competitors. This is 19% below median its historical median of 6.15. According to the industry distribution chart, Raffles Education ranks #183 out of 263 companies in the Education industry, placing it in the top 69.6%.
Is Raffles Education's ROC (Joel Greenblatt) % too high?
Raffles Education's current ROC (Joel Greenblatt) % of 4.97% is 19% below median its 10-year median of 6.15. The Education industry median ROC (Joel Greenblatt) % is 18.32. Raffles Education's value of 4.97% is 72.9% below this industry median. Based on the distribution chart, Raffles Education ranks #183 out of 263 companies in the Education industry, which is below the industry midpoint. Overall, Raffles Education has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Raffles Education's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Raffles Education ranks #183 out of 263 companies for ROC (Joel Greenblatt) %. This places Raffles Education in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 18.32. Raffles Education's value of 4.97% is 72.9% below this benchmark. While the company's 10-year median is 6.15 vs. the industry median of 18.32, Raffles Education 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.32, based on 263 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. Raffles Education's current ROC (Joel Greenblatt) % of 4.97% is 72.9% 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 Raffles Education and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raffles Education's current ROC (Joel Greenblatt) % is 4.97%, which is 19% below median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raffles Education stock overvalued right now?
Raffles Education (RFLFF) has a current ROC (Joel Greenblatt) % of 4.97%. The stock's GF Value™ is $0.02, compared to a current price of $0.05 — trading 140.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.97%, which is 19% below median its 10-year median of 6.15 and 72.9% below the Education industry median of 18.32. Raffles Education's overall GF Score™ is 42/100 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 Raffles Education (RFLFF), the current ROC (Joel Greenblatt) % is 4.97% as of Dec. 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 Raffles Education (RFLFF) Overvalued in 2026?

Based on GuruFocus' analysis, Raffles Education stock appears to be overvalued. The current stock price of $0.05 is trading 140.2% above its estimated GF Value™ of $0.02.

Key valuation signals for RFLFF:

  • ROC (Joel Greenblatt) %: 4.97% (19% below median its 10-year median of 6.15)
  • GF Value™: $0.02 vs. price of $0.05 (140.2% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 72.9% below the Education median (#183 of 263)

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


Raffles Education Business Description

Other Exchanges NR7:Singapore
Address 111 Somerset Road, Unit No. 15-22, Singapore, SGP, 238164
Raffles Education Ltd operates as an investment holding company, which engages in providing business and management consultancy services. It operates through the following business segments: Education, Education Facilities Rental Service, Real Estate Investment and Development, and Corporate and Others. The Education segment offers students a range of degrees, diploma and full-time certification programmes in design and business-oriented disciplines at the post-secondary level. The Education Facilities Rental Service segment refers to the OUCHK engaging in education facilities leasing and commercial leasing for supporting facilities. The Real Estate Investment and Development segment participates in real estate investments and development.
42GF Score

Get the complete analysis for RFLFF

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

$0.05
Price
$0.02
GF Value