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Flynas CoSAU:4264 +0.32%11 ROC (Joel Greenblatt) % is 11.62% as of Mar. 2026, which is 80% above its 10-year median of 6.46. GuruFocus rates SAU:4264 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 998 Transportation companies, Flynas Co ranks worse than 84.67% 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. Flynas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.62%.
The historical rank and industry rank for Flynas Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SAU:4264'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.83 Med: 6.46 Max: 11.92
Current: 0.83
During the past 2 years, Flynas Co's highest ROC (Joel Greenblatt) % was 11.92%. The lowest was 0.83%. And the median was 6.46%.
SAU:4264's ROC (Joel Greenblatt) % is ranked worse than 84.67% of 998
companies
in the Transportation industry
Industry Median: 11.68
vs SAU:4264: 0.83
Flynas Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Flynas Co (SAU:4264) 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.
The historical data trend for Flynas Co'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.
SAU:4264 vs DAL, UAL, LUV: ROC (Joel Greenblatt) % Comparison
For the Airlines subindustry, Flynas Co'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.
Flynas Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Flynas Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Flynas Co'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 11.62% mean?
Flynas Co (SAU:4264) has a ROC (Joel Greenblatt) % of 11.62% 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 Flynas Co and its competitors. This is 80% above median its historical median of 6.46. Over the past decade, Flynas Co's ROC (Joel Greenblatt) % has ranged from 0.83 to 11.92. According to the industry distribution chart, Flynas Co ranks #845 out of 998 companies in the Transportation industry, placing it in the top 84.7%.
Is Flynas Co's ROC (Joel Greenblatt) % too high?
Flynas Co's current ROC (Joel Greenblatt) % of 11.62% is 80% above median its 10-year median of 6.46. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 11.92. The Transportation industry median ROC (Joel Greenblatt) % is 11.68. Flynas Co's value of 11.62% is 0.5% below this industry median. Based on the distribution chart, Flynas Co ranks #845 out of 998 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Flynas Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Flynas Co's ROC (Joel Greenblatt) % compare to DAL and UAL?
According to the Transportation industry distribution chart, Flynas Co ranks #845 out of 998 companies for ROC (Joel Greenblatt) %. This places Flynas Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.68. Flynas Co's value of 11.62% is 0.5% below this benchmark. Historically, Flynas Co's own ROC (Joel Greenblatt) % has ranged from 0.83 to 11.92 over the past decade. While the company's 10-year median is 6.46 vs. the industry median of 11.68, Flynas Co 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.68, based on 998 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. Flynas Co's current ROC (Joel Greenblatt) % of 11.62% is 0.5% 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 Flynas Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flynas Co's current ROC (Joel Greenblatt) % is 11.62%, which is 80% above median its own 10-year median of 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flynas Co stock overvalued right now?
Flynas Co (SAU:4264) has a current ROC (Joel Greenblatt) % of 11.62%. The current ROC (Joel Greenblatt) % is 11.62%, which is 80% above median its 10-year median of 6.46 and 0.5% below the Transportation industry median of 11.68. Flynas Co's overall GF Score™ is 11/100 with 3 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 Flynas Co (SAU:4264), the current ROC (Joel Greenblatt) % is 11.62% 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.
Flynas Co licensed activities include the purchase, sale, and rental of aircraft, air transportation of passengers and goods, and the operation, management, and maintenance of aircraft. The Company operates under an air operating certificate issued by the General Authority of Civil Aviation (GACA), KSA. Its segments include Flynas LCC, which generates maximum revenue and covers low-cost scheduled flights; Flynas Hajj, which serves seasonal Hajj pilgrims; and Flynas General Aviation, which provides aircraft management services, including crew, maintenance, ancillary services, and charter flights for private customers. Flynas LCC generates maximum revenue from international operations.
11GF Score
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