ACNDF (CapitaLand India Trust) ROC (Joel Greenblatt) %: 362.40% (As of Dec. 2025) — 94% Below Median


ACNDF CapitaLand India Trust ACNDF
63 GF Score
Price $0.82
GF Value $0.91
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CapitaLand India Trust ROC (Joel Greenblatt) %?

CapitaLand India Trust ACNDF +6.11% 63 ROC (Joel Greenblatt) % is 362.40% as of Dec. 2025, which is 94% below its 10-year median of 6,165.92. GuruFocus rates ACNDF with a GF Score™ of 63/100 and a GF Value™ of $0.91 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,753 Real Estate companies, CapitaLand India Trust ranks better than 85.62% 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. CapitaLand India Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 362.40%.

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

ACNDF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 232.19   Med: 6165.92   Max: 102895.04
Current: 291.52

During the past 13 years, CapitaLand India Trust's highest ROC (Joel Greenblatt) % was 102895.04%. The lowest was 232.19%. And the median was 6165.92%.

ACNDF's ROC (Joel Greenblatt) % is ranked better than
85.62% of 1753 companies
in the Real Estate industry
Industry Median: 12.5 vs ACNDF: 291.52

CapitaLand India Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -44.20% per year.


CapitaLand India Trust  (OTCPK:ACNDF) 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.


CapitaLand India Trust ROC (Joel Greenblatt) % Related Terms


CapitaLand India Trust ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CapitaLand India Trust'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.

CapitaLand India Trust ROC (Joel Greenblatt) % Chart

CapitaLand India Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,698.18 885.04 834.74 1,130.11 233.24

CapitaLand India Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 1,685.63 572.58 1,665.51 232.91 362.40

ACNDF vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, CapitaLand India Trust'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.


CapitaLand India Trust ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CapitaLand India Trust's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ACNDF
63GF Score
CapitaLand India Trust ACNDF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand India Trust 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)
=(13.569 + 0.478 + 216.403) - (94.101 + 0 + 101.219)
=35.13

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.375 + 0.494 + 674.005) - (80.972 + 0 + 303.468)
=295.434

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CapitaLand India Trust 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 )
=728.91/( ( (36.924 + max(35.13, 0)) + (34.785 + max(295.434, 0)) )/ 2 )
=728.91/( ( 72.054 + 330.219 )/ 2 )
=728.91/201.1365
=362.40 %

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 362.40% mean?
CapitaLand India Trust (ACNDF) has a ROC (Joel Greenblatt) % of 362.40% 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 CapitaLand India Trust and its competitors. This is 94% below median its historical median of 6,165.92. Over the past decade, CapitaLand India Trust's ROC (Joel Greenblatt) % has ranged from 232.19 to 102,895.04. According to the industry distribution chart, CapitaLand India Trust ranks #252 out of 1753 companies in the Real Estate industry, placing it in the top 14.4%.
Is CapitaLand India Trust's ROC (Joel Greenblatt) % too high?
CapitaLand India Trust's current ROC (Joel Greenblatt) % of 362.40% is 94% below median its 10-year median of 6,165.92. Over the past 10 years, this metric has ranged from a low of 232.19 to a high of 102,895.04. The Real Estate industry median ROC (Joel Greenblatt) % is 12.50. CapitaLand India Trust's value of 362.40% is 2799.2% above this industry median. Based on the distribution chart, CapitaLand India Trust ranks #252 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, CapitaLand India Trust has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand India Trust's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CapitaLand India Trust ranks #252 out of 1753 companies for ROC (Joel Greenblatt) %. This places CapitaLand India Trust in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.50. CapitaLand India Trust's value of 362.40% is 2799.2% above this benchmark. Historically, CapitaLand India Trust's own ROC (Joel Greenblatt) % has ranged from 232.19 to 102,895.04 over the past decade. While the company's 10-year median is 6,165.92 vs. the industry median of 12.50, CapitaLand India Trust 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.50, based on 1,753 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. CapitaLand India Trust's current ROC (Joel Greenblatt) % of 362.40% is 2799.2% 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 CapitaLand India Trust and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand India Trust's current ROC (Joel Greenblatt) % is 362.40%, which is 94% below median its own 10-year median of 6,165.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand India Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand India Trust (ACNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.91, compared to a current price of $0.82 — trading 10.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 362.40%, which is 94% below median its 10-year median of 6,165.92 and 2799.2% above the Real Estate industry median of 12.50. CapitaLand India Trust's overall GF Score™ is 63/100 with 8 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 CapitaLand India Trust (ACNDF), the current ROC (Joel Greenblatt) % is 362.40% 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.

Is CapitaLand India Trust (ACNDF) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand India Trust stock appears to be undervalued. The current stock price of $0.82 is trading 10.3% below its estimated GF Value™ of $0.91. GuruFocus considers CapitaLand India Trust to be Modestly Undervalued.

Key valuation signals for ACNDF:

  • ROC (Joel Greenblatt) %: 362.40% (94% below median its 10-year median of 6,165.92)
  • GF Value™: $0.91 vs. price of $0.82 (10.3% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 2799.2% above the Real Estate median (#252 of 1753)

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


CapitaLand India Trust Business Description

Other Exchanges CY6U:Singapore
Address 168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that is focused on owning income producing real estate used as business space in India and real estate related assets in relation to the foregoing. Its principal objective is to own income-producing real estate used as business space in India. The trust's portfolio includes IT business parks, industrial facilities, logistics park and data centre developments in India. The company's revenues are derived prominently from corporate tenants.
63GF Score

Get the complete analysis for ACNDF

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

$0.82
Price
$0.91
GF Value