ARPTF (Airport City) ROC (Joel Greenblatt) %: 226.63% (As of Mar. 2026) — 31% Above Median

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ARPTF Airport City Ltd ARPTF
65 GF Score
Price $14.44
GF Value $19.37
! 4 Warning Signs
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What is Airport City ROC (Joel Greenblatt) %?

Airport City ARPTF -5.93% 65 ROC (Joel Greenblatt) % is 226.63% as of Mar. 2026, which is 31% above its 10-year median of 173.48. GuruFocus rates ARPTF with a GF Score™ of 65/100 and a GF Value™ of $19.37. The stock has 4 warning signs investors should review. Among 1,752 Real Estate companies, Airport City ranks better than 88.01% 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. Airport City's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 226.63%.

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

ARPTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 111.08   Med: 173.48   Max: 584.37
Current: 426.21

During the past 13 years, Airport City's highest ROC (Joel Greenblatt) % was 584.37%. The lowest was 111.08%. And the median was 173.48%.

ARPTF's ROC (Joel Greenblatt) % is ranked better than
88.01% of 1752 companies
in the Real Estate industry
Industry Median: 13.465 vs ARPTF: 426.21

Airport City's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.30% per year.


Airport City  (OTCPK:ARPTF) 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.


Airport City ROC (Joel Greenblatt) % Related Terms


Airport City ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Airport City'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.

Airport City ROC (Joel Greenblatt) % Chart

Airport City Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 584.37 200.89 128.14 230.85 303.76

Airport City Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 365.12 602.06 537.40 389.20 226.63

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

For the Real Estate Services subindustry, Airport City'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.


Airport City ROC (Joel Greenblatt) % vs Real Estate Industry

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

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


ARPTF
65GF Score
Airport City Ltd ARPTF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airport City 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.504 + 176.74 + 47.85) - (86.306 + 0 + 72.771)
=134.017

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.566 + 175.583 + 19.867) - (86.795 + 0 + 60.791)
=68.43

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=290.244/( ( (26.832 + max(134.017, 0)) + (26.862 + max(68.43, 0)) )/ 2 )
=290.244/( ( 160.849 + 95.292 )/ 2 )
=290.244/128.0705
=226.63 %

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 226.63% mean?
Airport City (ARPTF) has a ROC (Joel Greenblatt) % of 226.63% 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 Airport City and its competitors. This is 31% above median its historical median of 173.48. Over the past decade, Airport City's ROC (Joel Greenblatt) % has ranged from 111.08 to 584.37. According to the industry distribution chart, Airport City ranks #210 out of 1752 companies in the Real Estate industry, placing it in the top 12%.
Is Airport City's ROC (Joel Greenblatt) % too high?
Airport City's current ROC (Joel Greenblatt) % of 226.63% is 31% above median its 10-year median of 173.48. Over the past 10 years, this metric has ranged from a low of 111.08 to a high of 584.37. The Real Estate industry median ROC (Joel Greenblatt) % is 13.47. Airport City's value of 226.63% is 1583.1% above this industry median. Based on the distribution chart, Airport City ranks #210 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Airport City has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Airport City's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Airport City ranks #210 out of 1752 companies for ROC (Joel Greenblatt) %. This places Airport City in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.47. Airport City's value of 226.63% is 1583.1% above this benchmark. Historically, Airport City's own ROC (Joel Greenblatt) % has ranged from 111.08 to 584.37 over the past decade. While the company's 10-year median is 173.48 vs. the industry median of 13.47, Airport City 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 13.47, based on 1,752 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. Airport City's current ROC (Joel Greenblatt) % of 226.63% is 1583.1% 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 Airport City and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airport City's current ROC (Joel Greenblatt) % is 226.63%, which is 31% above median its own 10-year median of 173.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airport City stock overvalued right now?
Airport City (ARPTF) has a current ROC (Joel Greenblatt) % of 226.63%. The stock's GF Value™ is $19.37, compared to a current price of $14.44 — trading 25.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 226.63%, which is 31% above median its 10-year median of 173.48 and 1583.1% above the Real Estate industry median of 13.47. Airport City's overall GF Score™ is 65/100 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 Airport City (ARPTF), the current ROC (Joel Greenblatt) % is 226.63% 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 Airport City (ARPTF) Overvalued in 2026?

Based on GuruFocus' analysis, Airport City stock appears to be undervalued. The current stock price of $14.44 is trading 25.5% below its estimated GF Value™ of $19.37.

Key valuation signals for ARPTF:

  • ROC (Joel Greenblatt) %: 226.63% (31% above median its 10-year median of 173.48)
  • GF Value™: $19.37 vs. price of $14.44 (25.5% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 1583.1% above the Real Estate median (#210 of 1752)

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


Airport City Business Description

Other Exchanges ARPT:Israel
Address Israel's Business Capital, P.O.Box 66, Ben-Gurion Airport, Tel Aviv, ISR, 70151
Airport City Ltd is an Israel-based company engaged in the real estate sector. The company is engaged in planning, developing, acquiring, managing, improving and realizing investments in the area of real estate in Israel and abroad.
65GF Score

Get the complete analysis for ARPTF

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

$14.44
Price
$19.37
GF Value