Al Khaleej Investment PJSCADX:KICO 49 ROC (Joel Greenblatt) % is 70.85% as of Dec. 2025, which is 95% below its 10-year median of 1,459.98. GuruFocus rates ADX:KICO with a GF Score™ of 49/100 and a GF Value™ of د.إ1.49 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,748 Real Estate companies, Al Khaleej Investment PJSC ranks better than 53.78% 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. Al Khaleej Investment PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 70.85%.
The historical rank and industry rank for Al Khaleej Investment PJSC's ROC (Joel Greenblatt) % or its related term are showing as below:
ADX:KICO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.73 Med: 1459.98 Max: 6005.09
Current: 16
During the past 13 years, Al Khaleej Investment PJSC's highest ROC (Joel Greenblatt) % was 6005.09%. The lowest was 8.73%. And the median was 1459.98%.
ADX:KICO's ROC (Joel Greenblatt) % is ranked better than 53.78% of 1748
companies
in the Real Estate industry
Industry Median: 12.65
vs ADX:KICO: 16.00
Al Khaleej Investment PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -64.20% per year.
Al Khaleej Investment PJSC (ADX:KICO) 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.
* 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.
Al Khaleej Investment PJSC ROC (Joel Greenblatt) % Chart
ADX:KICO vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Al Khaleej Investment PJSC'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.
Al Khaleej Investment PJSC ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Al Khaleej Investment PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Al Khaleej Investment PJSC's ROC (Joel Greenblatt) % falls into.
Al Khaleej Investment PJSC 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 (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 70.85% mean?
Al Khaleej Investment PJSC (ADX:KICO) has a ROC (Joel Greenblatt) % of 70.85% 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 Al Khaleej Investment PJSC and its competitors. This is 95% below median its historical median of 1,459.98. Over the past decade, Al Khaleej Investment PJSC's ROC (Joel Greenblatt) % has ranged from 8.73 to 6,005.09. According to the industry distribution chart, Al Khaleej Investment PJSC ranks #808 out of 1748 companies in the Real Estate industry, placing it in the top 46.2%.
Is Al Khaleej Investment PJSC's ROC (Joel Greenblatt) % too high?
Al Khaleej Investment PJSC's current ROC (Joel Greenblatt) % of 70.85% is 95% below median its 10-year median of 1,459.98. Over the past 10 years, this metric has ranged from a low of 8.73 to a high of 6,005.09. The Real Estate industry median ROC (Joel Greenblatt) % is 12.65. Al Khaleej Investment PJSC's value of 70.85% is 460.1% above this industry median. Based on the distribution chart, Al Khaleej Investment PJSC ranks #808 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Al Khaleej Investment PJSC has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Khaleej Investment PJSC's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Al Khaleej Investment PJSC ranks #808 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Al Khaleej Investment PJSC in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.65. Al Khaleej Investment PJSC's value of 70.85% is 460.1% above this benchmark. Historically, Al Khaleej Investment PJSC's own ROC (Joel Greenblatt) % has ranged from 8.73 to 6,005.09 over the past decade. While the company's 10-year median is 1,459.98 vs. the industry median of 12.65, Al Khaleej Investment PJSC 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 12.65, based on 1,748 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. Al Khaleej Investment PJSC's current ROC (Joel Greenblatt) % of 70.85% is 460.1% 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 Al Khaleej Investment PJSC and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Khaleej Investment PJSC's current ROC (Joel Greenblatt) % is 70.85%, which is 95% below median its own 10-year median of 1,459.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Khaleej Investment PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Khaleej Investment PJSC (ADX:KICO) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ1.49, compared to a current price of د.إ5.19 — trading 248.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 70.85%, which is 95% below median its 10-year median of 1,459.98 and 460.1% above the Real Estate industry median of 12.65. Al Khaleej Investment PJSC's overall GF Score™ is 49/100 with 3 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 Al Khaleej Investment PJSC (ADX:KICO), the current ROC (Joel Greenblatt) % is 70.85% 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 Al Khaleej Investment PJSC (ADX:KICO) Overvalued in 2026?
Based on GuruFocus' analysis, Al Khaleej Investment PJSC stock appears to be overvalued.
The current stock price of د.إ5.19 is trading 248.3% above its estimated GF Value™ of د.إ1.49.
GuruFocus considers Al Khaleej Investment PJSC to be Significantly Overvalued.
Key valuation signals for ADX:KICO:
ROC (Joel Greenblatt) %: 70.85% (95% below median its 10-year median of 1,459.98)
GF Value™: د.إ1.49 vs. price of د.إ5.19 (248.3% above fair value)
Industry Position: 460.1% above the Real Estate median (#808 of 1748)
No single metric tells the full story. See the ADX:KICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Khaleej Investment PJSC is engaged in investment activities, including the establishment and management of commercial and real estate enterprises, private fund investments, building maintenance, real estate inspection services, and property development. The company operates through segments, comprising Real Estate and Investments, with the Real Estate segment generating the majority of revenue. It operates in the United Arab Emirates.
49GF Score
Get the complete analysis for ADX:KICO
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
ADX:KICO has been successfully added to your 
