WTBCF (Whitbread) ROC (Joel Greenblatt) %: 2.59% (As of Feb. 2026) — 61% Below Median


WTBCF Whitbread PLC WTBCF
71 GF Score
Price $31.09
GF Value $42.70
! 4 Warning Signs
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What is Whitbread ROC (Joel Greenblatt) %?

Whitbread WTBCF 71 ROC (Joel Greenblatt) % is 2.59% as of Feb. 2026, which is 61% below its 10-year median of 6.68. GuruFocus rates WTBCF with a GF Score™ of 71/100 and a GF Value™ of $42.70. The stock has 4 warning signs investors should review. Among 847 Travel & Leisure companies, Whitbread ranks worse than 60.8% 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. Whitbread's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 2.59%.

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

WTBCF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.69   Med: 6.68   Max: 13.93
Current: 5.84

During the past 13 years, Whitbread's highest ROC (Joel Greenblatt) % was 13.93%. The lowest was -12.69%. And the median was 6.68%.

WTBCF's ROC (Joel Greenblatt) % is ranked worse than
60.8% of 847 companies
in the Travel & Leisure industry
Industry Median: 9.92 vs WTBCF: 5.84

Whitbread's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Whitbread  (OTCPK:WTBCF) 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.


Whitbread ROC (Joel Greenblatt) % Related Terms


Whitbread ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Whitbread'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.

Whitbread ROC (Joel Greenblatt) % Chart

Whitbread Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 6.57 7.91 6.68 6.09

Whitbread Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 3.61 9.91 3.63 9.46 2.59

WTBCF vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison

For the Lodging subindustry, Whitbread'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.


Whitbread ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Whitbread's ROC (Joel Greenblatt) % distribution charts can be found below:

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


WTBCF
71GF Score
Whitbread PLC WTBCF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Whitbread 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.39 + 22.611 + 88.291) - (884.522 + 0 + 256.393)
=-859.623

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.832 + 14.946 + 155.842) - (939.402 + 0 + 30.435)
=-740.217

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Whitbread for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=303.804/( ( (11632.705 + max(-859.623, 0)) + (11851.223 + max(-740.217, 0)) )/ 2 )
=303.804/( ( 11632.705 + 11851.223 )/ 2 )
=303.804/11741.964
=2.59 %

Note: The EBIT data used here is two times the semi-annual (Feb. 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 2.59% mean?
Whitbread (WTBCF) has a ROC (Joel Greenblatt) % of 2.59% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Whitbread and its competitors. This is 61% below median its historical median of 6.68. According to the industry distribution chart, Whitbread ranks #515 out of 847 companies in the Travel & Leisure industry, placing it in the top 60.8%.
Is Whitbread's ROC (Joel Greenblatt) % too high?
Whitbread's current ROC (Joel Greenblatt) % of 2.59% is 61% below median its 10-year median of 6.68. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.92. Whitbread's value of 2.59% is 73.9% below this industry median. Based on the distribution chart, Whitbread ranks #515 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Whitbread has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Whitbread's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Whitbread ranks #515 out of 847 companies for ROC (Joel Greenblatt) %. This places Whitbread in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.92. Whitbread's value of 2.59% is 73.9% below this benchmark. While the company's 10-year median is 6.68 vs. the industry median of 9.92, Whitbread 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 9.92, based on 847 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. Whitbread's current ROC (Joel Greenblatt) % of 2.59% is 73.9% 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 Whitbread and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitbread's current ROC (Joel Greenblatt) % is 2.59%, which is 61% below median its own 10-year median of 6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitbread stock overvalued right now?
Whitbread (WTBCF) has a current ROC (Joel Greenblatt) % of 2.59%. The stock's GF Value™ is $42.70, compared to a current price of $31.09 — trading 27.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.59%, which is 61% below median its 10-year median of 6.68 and 73.9% below the Travel & Leisure industry median of 9.92. Whitbread's overall GF Score™ is 71/100 with 4 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 Whitbread (WTBCF), the current ROC (Joel Greenblatt) % is 2.59% as of Feb. 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 Whitbread (WTBCF) Overvalued in 2026?

Based on GuruFocus' analysis, Whitbread stock appears to be undervalued. The current stock price of $31.09 is trading 27.2% below its estimated GF Value™ of $42.70.

Key valuation signals for WTBCF:

  • ROC (Joel Greenblatt) %: 2.59% (61% below median its 10-year median of 6.68)
  • GF Value™: $42.70 vs. price of $31.09 (27.2% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 73.9% below the Travel & Leisure median (#515 of 847)

No single metric tells the full story. See the WTBCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Whitbread Business Description

Address Porz Avenue, Whitbread Court, Houghton Hall Business Park, Dunstable, Bedfordshire, GBR, LU5 5XE
Whitbread PLC owns hotels and restaurants that operate in the United Kingdom. It operates more than 800 hotels under the Premier Inn brand and provides services in relation to accommodation and food both in the UK and internationally. Restaurant brands include Beefeater, Brewers Fayre, Cookhouse & Pub, Bar Block and Others. Geographically the company derives majority of revenue from UK division.
71GF Score

Get the complete analysis for WTBCF

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

$31.09
Price
$42.70
GF Value