TLSA (Tiziana Life Sciences) ROC (Joel Greenblatt) %: -5,686.90% (As of Dec. 2025)


TLSA Tiziana Life Sciences Ltd TLSA
26 GF Score
Price $1.24
! 2 Warning Signs
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What is Tiziana Life Sciences ROC (Joel Greenblatt) %?

Tiziana Life Sciences TLSA -3.13% 26 ROC (Joel Greenblatt) % is -5,686.90% as of Dec. 2025. GuruFocus rates TLSA with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 1,325 Biotechnology companies, Tiziana Life Sciences ranks worse than 87.47% 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. Tiziana Life Sciences's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5,686.90%.

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

TLSA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -61668.75   Med: -7294.04   Max: -4448.88
Current: -6607.54

During the past 13 years, Tiziana Life Sciences's highest ROC (Joel Greenblatt) % was -4448.88%. The lowest was -61668.75%. And the median was -7294.04%.

TLSA's ROC (Joel Greenblatt) % is ranked worse than
87.47% of 1325 companies
in the Biotechnology industry
Industry Median: -297.52 vs TLSA: -6607.54

Tiziana Life Sciences's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.40% per year.


Tiziana Life Sciences  (NAS:TLSA) 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.


Tiziana Life Sciences ROC (Joel Greenblatt) % Related Terms


Tiziana Life Sciences ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tiziana Life Sciences'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.

Tiziana Life Sciences ROC (Joel Greenblatt) % Chart

Tiziana Life Sciences Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14,048.28 -7,566.01 -5,053.37 -6,975.00 -5,368.22

Tiziana Life Sciences Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -5,354.04 -4,837.92 -9,475.00 -10,903.26 -5,686.90

TLSA vs SPRB, MIST, TNYA: ROC (Joel Greenblatt) % Comparison

For the Biotechnology subindustry, Tiziana Life Sciences'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.


Tiziana Life Sciences ROC (Joel Greenblatt) % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tiziana Life Sciences's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tiziana Life Sciences's ROC (Joel Greenblatt) % falls into.


TLSA
26GF Score
Tiziana Life Sciences Ltd TLSA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiziana Life Sciences 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -1.7763568394003E-15) - (7.281 + 0 + 0.0090000000000003)
=-7.29

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.285) - (10.46 + 0.53 + -0.0030000000000001)
=-10.702

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tiziana Life Sciences for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.454/( ( (0.15 + max(-7.29, 0)) + (0.499 + max(-10.702, 0)) )/ 2 )
=-18.454/( ( 0.15 + 0.499 )/ 2 )
=-18.454/0.3245
=-5,686.90 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -5,686.90% mean?
Tiziana Life Sciences (TLSA) has a ROC (Joel Greenblatt) % of -5,686.90% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tiziana Life Sciences and its competitors. According to the industry distribution chart, Tiziana Life Sciences ranks #1159 out of 1325 companies in the Biotechnology industry, placing it in the top 87.5%.
Is Tiziana Life Sciences' ROC (Joel Greenblatt) % too high?
Tiziana Life Sciences' current ROC (Joel Greenblatt) % is -5,686.90%. Based on the distribution chart, Tiziana Life Sciences ranks #1159 out of 1325 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Tiziana Life Sciences has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Tiziana Life Sciences' ROC (Joel Greenblatt) % compare to SPRB and MIST?
According to the Biotechnology industry distribution chart, Tiziana Life Sciences ranks #1159 out of 1325 companies for ROC (Joel Greenblatt) %. This places Tiziana Life Sciences in the lower half of its industry. 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 Biotechnology company?
A good ROC (Joel Greenblatt) % depends on the Biotechnology industry context. 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 Tiziana Life Sciences and its competitors. Tiziana Life Sciences's current ROC (Joel Greenblatt) % is -5,686.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiziana Life Sciences stock overvalued right now?
Tiziana Life Sciences (TLSA) has a current ROC (Joel Greenblatt) % of -5,686.90%. The current ROC (Joel Greenblatt) % is -5,686.90%. Tiziana Life Sciences' overall GF Score™ is 26/100 with 2 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 Tiziana Life Sciences (TLSA), the current ROC (Joel Greenblatt) % is -5,686.90% as of Dec. 2025. 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.

Tiziana Life Sciences Business Description

Other Exchanges 0RP:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Tiziana Life Sciences Ltd is a clinical-stage biotechnology company that specializes in developing transformative therapies for neurodegenerative and neuroinflammatory diseases. The company's clinical pipeline includes drug assets for Non-Active Secondary Progressive Multiple Sclerosis, Multiple System Atrophy, Alzheimer's, and Amyotrophic Lateral Sclerosis. The company's mission is to design and deliver next-generation immunotherapies for neurodegenerative and neuroinflammatory diseases. The company's main immunotherapeutic candidate, Foralumab (TZLS-401), is being developed for Non-Active Secondary Progressive Multiple Sclerosis, Alzheimer's, and other CNS indications.
26GF Score

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

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