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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. Bain Capital Specialty Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.
The historical rank and industry rank for Bain Capital Specialty Finance's ROC (Joel Greenblatt) % or its related term are showing as below:
STU:618's ROC (Joel Greenblatt) % is not ranked *
in the Asset Management industry.
Industry Median: 61.475 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
Bain Capital Specialty Finance (STU:618) 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.
* 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.
Bain Capital Specialty Finance ROC (Joel Greenblatt) % Chart
STU:618 vs FFC, BTO, RMT: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Bain Capital Specialty Finance'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.
Bain Capital Specialty Finance ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bain Capital Specialty Finance's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bain Capital Specialty Finance's ROC (Joel Greenblatt) % falls into.
Bain Capital Specialty Finance 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 (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.
Bain Capital Specialty Finance (STU:618) has a ROC (Joel Greenblatt) % of % 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 Bain Capital Specialty Finance and its competitors. According to the industry distribution chart, Bain Capital Specialty Finance ranks #999999 out of 616 companies in the Asset Management industry.
Is Bain Capital Specialty Finance's ROC (Joel Greenblatt) % too high?
Bain Capital Specialty Finance's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, Bain Capital Specialty Finance ranks #999999 out of 616 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bain Capital Specialty Finance has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bain Capital Specialty Finance's ROC (Joel Greenblatt) % compare to FFC and BTO?
According to the Asset Management industry distribution chart, Bain Capital Specialty Finance ranks #999999 out of 616 companies for ROC (Joel Greenblatt) %. This places Bain Capital Specialty Finance in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 61.48. 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 Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 61.48, based on 616 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 Bain Capital Specialty Finance and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 61.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bain Capital Specialty Finance's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bain Capital Specialty Finance stock overvalued right now?
Based on GuruFocus' analysis, Bain Capital Specialty Finance (STU:618) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.29, compared to a current price of €9.71 — trading 21% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. Bain Capital Specialty Finance's overall GF Score™ is 53/100 with 5 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 Bain Capital Specialty Finance (STU:618), the current ROC (Joel Greenblatt) % is % 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 Bain Capital Specialty Finance (STU:618) Overvalued in 2026?
Based on GuruFocus' analysis, Bain Capital Specialty Finance stock appears to be undervalued.
The current stock price of €9.71 is trading 21% below its estimated GF Value™ of €12.29.
GuruFocus considers Bain Capital Specialty Finance to be Modestly Undervalued.
Key valuation signals for STU:618:
ROC (Joel Greenblatt) %: %
GF Value™: €12.29 vs. price of €9.71 (21% below fair value)
No single metric tells the full story. See the STU:618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company's objective is to provide risk-adjusted returns and current income to investors by investing in middle-market companies. Its portfolio of investments includes First Lien Senior Secured Loan, Preferred Equity, Equity Interest, Warrants, and Second Lien Senior Secured Loan, and others.
53GF Score
Get the complete analysis for STU:618
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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