Universal Health ServicesUHS -0.30%85 ROC (Joel Greenblatt) % is 24.28% as of Mar. 2026, which is 7% above its 10-year median of 22.75. GuruFocus rates UHS with a GF Scoreâ„¢ of 85/100 and a GF Valueâ„¢ of $228.22 (Significantly Undervalued). Among 673 Healthcare Providers & Services companies, Universal Health Services ranks better than 70.73% 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. Universal Health Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.28%.
The historical rank and industry rank for Universal Health Services's ROC (Joel Greenblatt) % or its related term are showing as below:
UHS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.65 Med: 22.75 Max: 27.43
Current: 26.75
During the past 13 years, Universal Health Services's highest ROC (Joel Greenblatt) % was 27.43%. The lowest was 14.65%. And the median was 22.75%.
UHS's ROC (Joel Greenblatt) % is ranked better than 70.73% of 673
companies
in the Healthcare Providers & Services industry
Industry Median: 12.46
vs UHS: 26.75
Universal Health Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.00% per year.
Universal Health Services (NYSE:UHS) 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.
Universal Health Services ROC (Joel Greenblatt) % Related Terms
Universal Health Services ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Universal Health Services'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.
Universal Health Services ROC (Joel Greenblatt) % Chart
UHS vs ENSG, EHC, PACS: ROC (Joel Greenblatt) % Comparison
For the Medical Care Facilities subindustry, Universal Health Services'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.
Universal Health Services ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Universal Health Services's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Universal Health Services's ROC (Joel Greenblatt) % falls into.
Universal Health Services 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 (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 24.28% mean?
Universal Health Services (UHS) has a ROC (Joel Greenblatt) % of 24.28% 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 Universal Health Services and its competitors. This is near median its historical median of 22.75. Over the past decade, Universal Health Services' ROC (Joel Greenblatt) % has ranged from 14.65 to 27.43. According to the industry distribution chart, Universal Health Services ranks #197 out of 673 companies in the Healthcare Providers & Services industry, placing it in the top 29.3%.
Is Universal Health Services' ROC (Joel Greenblatt) % too high?
Universal Health Services' current ROC (Joel Greenblatt) % of 24.28% is near median its 10-year median of 22.75. Over the past 10 years, this metric has ranged from a low of 14.65 to a high of 27.43. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.46. Universal Health Services' value of 24.28% is 94.9% above this industry median. Based on the distribution chart, Universal Health Services ranks #197 out of 673 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Universal Health Services has a GF Scoreâ„¢ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Health Services' ROC (Joel Greenblatt) % compare to ENSG and EHC?
According to the Healthcare Providers & Services industry distribution chart, Universal Health Services ranks #197 out of 673 companies for ROC (Joel Greenblatt) %. This puts Universal Health Services in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.46. Universal Health Services' value of 24.28% is 94.9% above this benchmark. Historically, Universal Health Services' own ROC (Joel Greenblatt) % has ranged from 14.65 to 27.43 over the past decade. While the company's 10-year median is 22.75 vs. the industry median of 12.46, Universal Health Services 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.46, based on 673 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. Universal Health Services's current ROC (Joel Greenblatt) % of 24.28% is 94.9% 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 Universal Health Services and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Health Services's current ROC (Joel Greenblatt) % is 24.28%, which is near median its own 10-year median of 22.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Health Services stock overvalued right now?
Based on GuruFocus' analysis, Universal Health Services (UHS) is currently considered Significantly Undervalued. The stock's GF Value™ is $228.22, compared to a current price of $145.41 — trading 36.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.28%, which is near median its 10-year median of 22.75 and 94.9% above the Healthcare Providers & Services industry median of 12.46. Universal Health Services' overall GF Score™ is 85/100. 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 Universal Health Services (UHS), the current ROC (Joel Greenblatt) % is 24.28% 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 Universal Health Services (UHS) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Health Services stock appears to be undervalued.
The current stock price of $145.41 is trading 36.3% below its estimated GF Value™ of $228.22.
GuruFocus considers Universal Health Services to be Significantly Undervalued.
Key valuation signals for UHS:
ROC (Joel Greenblatt) %: 24.28% (near median its 10-year median of 22.75)
GF Value™: $228.22 vs. price of $145.41 (36.3% below fair value)
Industry Position: 94.9% above the Healthcare Providers & Services median (#197 of 673)
No single metric tells the full story. See the UHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Health Services Inc offers healthcare services through its behavioral health centers, acute care hospitals, and related outpatient facilities. As of late 2025, the company operated 346 inpatient behavioral health centers, 29 acute care hospitals, and many supportive outpatient facilities. Its operations are concentrated in the U.S, particularly in Nevada (21% of 2025 operating profits), Texas (19%), and California (13%), although it does have some exposure to the UK behavioral health market (6% of 2025 sales) too. While its acute care services account for over 55% of revenue, the behavioral health centers sport higher margins and account for over 55% of pretax profits.
85GF Score
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