SEAT (Vivid Seats) ROC (Joel Greenblatt) %: -175.81% (As of Mar. 2026)

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SEAT Vivid Seats Inc SEAT
49 GF Score
Price $7.74
GF Value $4.11
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vivid Seats ROC (Joel Greenblatt) %?

Vivid Seats SEAT -2.89% 49 ROC (Joel Greenblatt) % is -175.81% as of Mar. 2026. GuruFocus rates SEAT with a GF Score™ of 49/100 and a GF Value™ of $4.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 549 Interactive Media companies, Vivid Seats ranks worse than 94.54% 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. Vivid Seats's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -175.81%.

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

SEAT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17846.19   Med: 205.99   Max: 3637.15
Current: -2678.62

During the past 7 years, Vivid Seats's highest ROC (Joel Greenblatt) % was 3637.15%. The lowest was -17846.19%. And the median was 205.99%.

SEAT's ROC (Joel Greenblatt) % is ranked worse than
94.54% of 549 companies
in the Interactive Media industry
Industry Median: 16.14 vs SEAT: -2678.62

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


Vivid Seats  (NAS:SEAT) 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.


Vivid Seats ROC (Joel Greenblatt) % Related Terms


Vivid Seats ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vivid Seats'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.

Vivid Seats ROC (Joel Greenblatt) % Chart

Vivid Seats Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 3,637.15 847.07 441.30 205.99 -2,647.81

Vivid Seats 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 -15.45 -2,883.69 -376.38 -7,258.82 -175.81

SEAT vs MSEZ, BODI, IZEA: ROC (Joel Greenblatt) % Comparison

For the Internet Content & Information subindustry, Vivid Seats'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.


Vivid Seats ROC (Joel Greenblatt) % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Seats's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SEAT
49GF Score
Vivid Seats Inc SEAT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid Seats 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)
=(30.664 + 18.166 + 26.94) - (264.932 + 19.973 + 14.443)
=-223.578

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.421 + 28.878 + 34.413) - (333.888 + 19.145 + 14.136)
=-267.457

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vivid Seats 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 )
=-39.432/( ( (22.888 + max(-223.578, 0)) + (21.969 + max(-267.457, 0)) )/ 2 )
=-39.432/( ( 22.888 + 21.969 )/ 2 )
=-39.432/22.4285
=-175.81 %

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 -175.81% mean?
Vivid Seats (SEAT) has a ROC (Joel Greenblatt) % of -175.81% 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 Vivid Seats and its competitors. According to the industry distribution chart, Vivid Seats ranks #519 out of 549 companies in the Interactive Media industry, placing it in the top 94.5%.
Is Vivid Seats' ROC (Joel Greenblatt) % too high?
Vivid Seats' current ROC (Joel Greenblatt) % is -175.81%. Based on the distribution chart, Vivid Seats ranks #519 out of 549 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Vivid Seats has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Seats' ROC (Joel Greenblatt) % compare to MSEZ and BODI?
According to the Interactive Media industry distribution chart, Vivid Seats ranks #519 out of 549 companies for ROC (Joel Greenblatt) %. This places Vivid Seats in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 16.14. 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 Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 16.14, based on 549 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. 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 Vivid Seats and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 16.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivid Seats's current ROC (Joel Greenblatt) % is -175.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Seats stock overvalued right now?
Based on GuruFocus' analysis, Vivid Seats (SEAT) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.11, compared to a current price of $7.74 — trading 88.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is -175.81%. Vivid Seats' overall GF Score™ is 49/100 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 Vivid Seats (SEAT), the current ROC (Joel Greenblatt) % is -175.81% 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 Vivid Seats (SEAT) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Seats stock appears to be overvalued. The current stock price of $7.74 is trading 88.3% above its estimated GF Value™ of $4.11. GuruFocus considers Vivid Seats to be Significantly Overvalued.

Key valuation signals for SEAT:

  • ROC (Joel Greenblatt) %: -175.81%
  • GF Value™: $4.11 vs. price of $7.74 (88.3% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Vivid Seats Business Description

Address 24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602
Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry, providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada, and Japan. It operates in two segments: Marketplace, which generates maximum revenue, and Resale. The Marketplace segment acts as an intermediary between ticket buyers, sellers, and partners, earning revenue from processing ticket sales for live events and facilitating the booking of hotel rooms and packages on websites and mobile applications. The Resale segment acquires tickets to resell on secondary ticket marketplaces, including its own, and offers internal research and development support for Skybox.
49GF Score

Get the complete analysis for SEAT

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

$7.74
Price
$4.11
GF Value