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Bonvests HoldingsSGX:B28 +1.06%75 ROC (Joel Greenblatt) % is 3.98% as of Jun. 2026, which is 12% below its 10-year median of 4.51. GuruFocus rates SGX:B28 with a GF Score™ of 75/100 and a GF Value™ of S$1.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 846 Travel & Leisure companies, Bonvests Holdings ranks worse than 59.1% 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. Bonvests Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.98%.
The historical rank and industry rank for Bonvests Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
SGX:B28'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.06 Med: 4.51 Max: 13.97
Current: 7.56
During the past 13 years, Bonvests Holdings's highest ROC (Joel Greenblatt) % was 13.97%. The lowest was -5.06%. And the median was 4.51%.
SGX:B28's ROC (Joel Greenblatt) % is ranked worse than 59.1% of 846
companies
in the Travel & Leisure industry
Industry Median: 10.6
vs SGX:B28: 7.56
Bonvests Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Bonvests Holdings ROC (Joel Greenblatt) % Related Terms
Bonvests Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Bonvests 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.
SGX:B28 vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Bonvests 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.
Bonvests Holdings ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Bonvests Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bonvests Holdings'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 two times the semi-annual (Jun. 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 3.98% mean?
Bonvests Holdings (SGX:B28) has a ROC (Joel Greenblatt) % of 3.98% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bonvests Holdings and its competitors. This is 12% below median its historical median of 4.51. According to the industry distribution chart, Bonvests Holdings ranks #500 out of 846 companies in the Travel & Leisure industry, placing it in the top 59.1%.
Is Bonvests Holdings' ROC (Joel Greenblatt) % too high?
Bonvests Holdings' current ROC (Joel Greenblatt) % of 3.98% is 12% below median its 10-year median of 4.51. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.60. Bonvests Holdings' value of 3.98% is 62.5% below this industry median. Based on the distribution chart, Bonvests Holdings ranks #500 out of 846 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Bonvests Holdings has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonvests Holdings' ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Bonvests Holdings ranks #500 out of 846 companies for ROC (Joel Greenblatt) %. This places Bonvests Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.60. Bonvests Holdings' value of 3.98% is 62.5% below this benchmark. While the company's 10-year median is 4.51 vs. the industry median of 10.60, Bonvests Holdings 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.60, based on 846 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. Bonvests Holdings's current ROC (Joel Greenblatt) % of 3.98% is 62.5% 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 Bonvests Holdings and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonvests Holdings's current ROC (Joel Greenblatt) % is 3.98%, which is 12% below median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonvests Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bonvests Holdings (SGX:B28) is currently considered Fairly Valued. The stock's GF Value™ is S$1.01, compared to a current price of S$0.96 — trading 5.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.98%, which is 12% below median its 10-year median of 4.51 and 62.5% below the Travel & Leisure industry median of 10.60. Bonvests Holdings' overall GF Score™ is 75/100 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 Bonvests Holdings (SGX:B28), the current ROC (Joel Greenblatt) % is 3.98% as of Jun. 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 Bonvests Holdings (SGX:B28) Overvalued in 2026?
Based on GuruFocus' analysis, Bonvests Holdings stock appears to be undervalued.
The current stock price of S$0.96 is trading 5.4% below its estimated GF Value™ of S$1.01.
GuruFocus considers Bonvests Holdings to be Fairly Valued.
Key valuation signals for SGX:B28:
ROC (Joel Greenblatt) %: 3.98% (12% below median its 10-year median of 4.51)
GF Value™: S$1.01 vs. price of S$0.96 (5.4% below fair value)
Industry Position: 62.5% below the Travel & Leisure median (#500 of 846)
No single metric tells the full story. See the SGX:B28 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bonvests Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is involved in various business activities, which include owning and letting properties, development and operation of hotels and a golf course, collection and disposal of waste and contract cleaning, securities trading and investment holding, and provision of management services. The company's reportable operating segments are Rental, Hotel, Industrial, Investment, Development, and Others. A majority of its revenue is derived from the Hotel segment, which includes the development and operation of hotels and a golf course. Geographically, it generates maximum revenue from Singapore, followed by Africa, Maldives, Australia, and other regions.
75GF Score
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