Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
QVC GroupWBO:QVC 44 ROC (Joel Greenblatt) % is 25.11% as of Mar. 2026, which is 41% below its 10-year median of 42.76. GuruFocus rates WBO:QVC with a GF Score™ of 44/100 and a GF Value™ of €64.88. The stock has 6 warning signs investors should review. Among 1,124 Retail - Cyclical companies, QVC Group ranks worse than 95.28% 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. QVC Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.11%.
The historical rank and industry rank for QVC Group's ROC (Joel Greenblatt) % or its related term are showing as below:
WBO:QVC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -127.96 Med: 42.76 Max: 84.61
Current: -117.02
During the past 13 years, QVC Group's highest ROC (Joel Greenblatt) % was 84.61%. The lowest was -127.96%. And the median was 42.76%.
WBO:QVC's ROC (Joel Greenblatt) % is ranked worse than 95.28% of 1124
companies
in the Retail - Cyclical industry
Industry Median: 11.525
vs WBO:QVC: -117.02
QVC Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
QVC Group (WBO:QVC) 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.
The historical data trend for QVC Group'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.
WBO:QVC vs IPW, MI, OCG: ROC (Joel Greenblatt) % Comparison
For the Internet Retail subindustry, QVC Group'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.
QVC Group ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, QVC Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where QVC Group'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 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 25.11% mean?
QVC Group (WBO:QVC) has a ROC (Joel Greenblatt) % of 25.11% 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 QVC Group and its competitors. This is 41% below median its historical median of 42.76. According to the industry distribution chart, QVC Group ranks #1071 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 95.3%.
Is QVC Group's ROC (Joel Greenblatt) % too high?
QVC Group's current ROC (Joel Greenblatt) % of 25.11% is 41% below median its 10-year median of 42.76. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.53. QVC Group's value of 25.11% is 117.9% above this industry median. Based on the distribution chart, QVC Group ranks #1071 out of 1124 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, QVC Group has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does QVC Group's ROC (Joel Greenblatt) % compare to IPW and MI?
According to the Retail - Cyclical industry distribution chart, QVC Group ranks #1071 out of 1124 companies for ROC (Joel Greenblatt) %. This places QVC Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.53. QVC Group's value of 25.11% is 117.9% above this benchmark. While the company's 10-year median is 42.76 vs. the industry median of 11.53, QVC Group has consistently been above 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 11.53, based on 1,124 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. QVC Group's current ROC (Joel Greenblatt) % of 25.11% is 117.9% above 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 QVC Group and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QVC Group's current ROC (Joel Greenblatt) % is 25.11%, which is 41% below median its own 10-year median of 42.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QVC Group stock overvalued right now?
QVC Group (WBO:QVC) has a current ROC (Joel Greenblatt) % of 25.11%. The stock's GF Value™ is €64.88, compared to a current price of €0.32 — trading 99.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25.11%, which is 41% below median its 10-year median of 42.76 and 117.9% above the Retail - Cyclical industry median of 11.53. QVC Group's overall GF Score™ is 44/100 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 QVC Group (WBO:QVC), the current ROC (Joel Greenblatt) % is 25.11% 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 QVC Group (WBO:QVC) Overvalued in 2026?
Based on GuruFocus' analysis, QVC Group stock appears to be undervalued.
The current stock price of €0.32 is trading 99.5% below its estimated GF Value™ of €64.88.
Key valuation signals for WBO:QVC:
ROC (Joel Greenblatt) %: 25.11% (41% below median its 10-year median of 42.76)
GF Value™: €64.88 vs. price of €0.32 (99.5% below fair value)
Industry Position: 117.9% above the Retail - Cyclical median (#1071 of 1124)
No single metric tells the full story. See the WBO:QVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QVC Group Inc is a live social shopping company. The company has six retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and others. QVC offers assortment of quality merchandise and classifies its products into six groups: home, apparel, beauty, accessories, electronics and jewelry. The company has three reportable segments: QxH, QVC International, and CBI. Majority of revenue is from Home products from QxH segment. The company also operates in Japan, Germany and Other foreign countries.
44GF Score
Get the complete analysis for WBO:QVC
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:QVC has been successfully added to your 
