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Duty Free InternationalSGX:5SO +2.94% ROC (Joel Greenblatt) % is 3.52% as of May. 2026, which is 82% below its 10-year median of 19.48. The stock has 5 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Duty Free International ranks better than 61.8% 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. Duty Free International's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 3.52%.
The historical rank and industry rank for Duty Free International's ROC (Joel Greenblatt) % or its related term are showing as below:
SGX:5SO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.62 Med: 19.48 Max: 59.37
Current: 18.93
During the past 13 years, Duty Free International's highest ROC (Joel Greenblatt) % was 59.37%. The lowest was -14.62%. And the median was 19.48%.
SGX:5SO's ROC (Joel Greenblatt) % is ranked better than 61.8% of 1131
companies
in the Retail - Cyclical industry
Industry Median: 11.87
vs SGX:5SO: 18.93
Duty Free International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Duty Free International (SGX:5SO) 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.
Duty Free International ROC (Joel Greenblatt) % Related Terms
Duty Free International ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Duty Free International'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.
Duty Free International ROC (Joel Greenblatt) % Chart
SGX:5SO vs CASY, WSM, ULTA: ROC (Joel Greenblatt) % Comparison
For the Specialty Retail subindustry, Duty Free International'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.
Duty Free International ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Duty Free International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Duty Free International's ROC (Joel Greenblatt) % falls into.
Duty Free International 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 four times the quarterly (May. 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 3.52% mean?
Duty Free International (SGX:5SO) has a ROC (Joel Greenblatt) % of 3.52% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Duty Free International and its competitors. This is 82% below median its historical median of 19.48. According to the industry distribution chart, Duty Free International ranks #432 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 38.2%.
Is Duty Free International's ROC (Joel Greenblatt) % too high?
Duty Free International's current ROC (Joel Greenblatt) % of 3.52% is 82% below median its 10-year median of 19.48. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.87. Duty Free International's value of 3.52% is 70.3% below this industry median. Based on the distribution chart, Duty Free International ranks #432 out of 1131 companies in the Retail - Cyclical industry, which is above the industry midpoint.
How does Duty Free International's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Duty Free International ranks #432 out of 1131 companies for ROC (Joel Greenblatt) %. This puts Duty Free International in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.87. Duty Free International's value of 3.52% is 70.3% below this benchmark. While the company's 10-year median is 19.48 vs. the industry median of 11.87, Duty Free International 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.87, based on 1,131 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. Duty Free International's current ROC (Joel Greenblatt) % of 3.52% is 70.3% 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 Duty Free International and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duty Free International's current ROC (Joel Greenblatt) % is 3.52%, which is 82% below median its own 10-year median of 19.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duty Free International stock overvalued right now?
Based on GuruFocus' analysis, Duty Free International (SGX:5SO) is currently considered Significantly Undervalued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.07 — trading 46.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.52%, which is 82% below median its 10-year median of 19.48 and 70.3% below the Retail - Cyclical industry median of 11.87. 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 Duty Free International (SGX:5SO), the current ROC (Joel Greenblatt) % is 3.52% as of May. 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.
Duty Free International Ltd is a diversified group engaged in the operations of duty-free retail businesses and the manufacture of automotive component parts. Its segments include Trading of duty free goods and non-dutiable merchandise includes revenues from sale of goods, Manufacturing and supplying of automotive component parts includes revenues from sale of goods, and Investment holding and others includes revenues from sale of oil palm fresh fruit bunches. The majority of revenue is derived from Trading of duty free goods and non-dutiable merchandise segment. Beyond its core businesses, DFI also owns the Black Forest Golf and Country Club and oil palm plantation assets. The activities of the company are carried out mainly in Malaysia.
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