Charter Hall Retail REITASX:CQR +0.78%83 ROC (Joel Greenblatt) % is 168.42% as of Dec. 2025, which is 25% below its 10-year median of 223.69. GuruFocus rates ASX:CQR with a GF Score™ of 83/100 and a GF Value™ of A$4.51 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 586 REITs companies, Charter Hall Retail REIT ranks worse than 50.17% 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. Charter Hall Retail REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 168.42%.
The historical rank and industry rank for Charter Hall Retail REIT's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:CQR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 50.29 Med: 223.69 Max: 341.03
Current: 179.86
During the past 13 years, Charter Hall Retail REIT's highest ROC (Joel Greenblatt) % was 341.03%. The lowest was 50.29%. And the median was 223.69%.
ASX:CQR's ROC (Joel Greenblatt) % is ranked worse than 50.17% of 586
companies
in the REITs industry
Industry Median: 180.645
vs ASX:CQR: 179.86
Charter Hall Retail REIT's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Charter Hall Retail REIT (ASX:CQR) 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.
Charter Hall Retail REIT ROC (Joel Greenblatt) % Related Terms
Charter Hall Retail REIT ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Charter Hall Retail REIT'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.
Charter Hall Retail REIT ROC (Joel Greenblatt) % Chart
ASX:CQR vs SPG, O, KIM: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Charter Hall Retail REIT'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.
Charter Hall Retail REIT ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Charter Hall Retail REIT's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Charter Hall Retail REIT's ROC (Joel Greenblatt) % falls into.
Charter Hall Retail REIT 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 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 168.42% mean?
Charter Hall Retail REIT (ASX:CQR) has a ROC (Joel Greenblatt) % of 168.42% 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 Charter Hall Retail REIT and its competitors. This is 25% below median its historical median of 223.69. Over the past decade, Charter Hall Retail REIT's ROC (Joel Greenblatt) % has ranged from 50.29 to 341.03. According to the industry distribution chart, Charter Hall Retail REIT ranks #294 out of 586 companies in the REITs industry, placing it in the top 50.2%.
Is Charter Hall Retail REIT's ROC (Joel Greenblatt) % too high?
Charter Hall Retail REIT's current ROC (Joel Greenblatt) % of 168.42% is 25% below median its 10-year median of 223.69. Over the past 10 years, this metric has ranged from a low of 50.29 to a high of 341.03. The REITs industry median ROC (Joel Greenblatt) % is 180.65. Charter Hall Retail REIT's value of 168.42% is 6.8% below this industry median. Based on the distribution chart, Charter Hall Retail REIT ranks #294 out of 586 companies in the REITs industry, which is below the industry midpoint. Overall, Charter Hall Retail REIT has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Charter Hall Retail REIT's ROC (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Charter Hall Retail REIT ranks #294 out of 586 companies for ROC (Joel Greenblatt) %. This places Charter Hall Retail REIT in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 180.65. Charter Hall Retail REIT's value of 168.42% is 6.8% below this benchmark. Historically, Charter Hall Retail REIT's own ROC (Joel Greenblatt) % has ranged from 50.29 to 341.03 over the past decade. While the company's 10-year median is 223.69 vs. the industry median of 180.65, Charter Hall Retail REIT 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 180.65, based on 586 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. Charter Hall Retail REIT's current ROC (Joel Greenblatt) % of 168.42% is 6.8% 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 Charter Hall Retail REIT and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 180.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charter Hall Retail REIT's current ROC (Joel Greenblatt) % is 168.42%, which is 25% below median its own 10-year median of 223.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charter Hall Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, Charter Hall Retail REIT (ASX:CQR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.51, compared to a current price of A$3.89 — trading 13.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 168.42%, which is 25% below median its 10-year median of 223.69 and 6.8% below the REITs industry median of 180.65. Charter Hall Retail REIT's overall GF Score™ is 83/100 with 9 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 Charter Hall Retail REIT (ASX:CQR), the current ROC (Joel Greenblatt) % is 168.42% 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 Charter Hall Retail REIT (ASX:CQR) Overvalued in 2026?
Based on GuruFocus' analysis, Charter Hall Retail REIT stock appears to be undervalued.
The current stock price of A$3.89 is trading 13.7% below its estimated GF Value™ of A$4.51.
GuruFocus considers Charter Hall Retail REIT to be Modestly Undervalued.
Key valuation signals for ASX:CQR:
ROC (Joel Greenblatt) %: 168.42% (25% below median its 10-year median of 223.69)
GF Value™: A$4.51 vs. price of A$3.89 (13.7% below fair value)
Industry Position: 6.8% below the REITs median (#294 of 586)
No single metric tells the full story. See the ASX:CQR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charter Hall Retail REIT specializes in leasing out convenience-focused assets that offer everyday goods and services. Half of the property book consist of neighborhood and small regional shopping centers, which are predominantly anchored by supermarkets. Anchor tenants typically pay a base rent plus a percentage of their sale turnover. The rest of the portfolio is net lease retail, including service stations, pubs, and liquor shops. Net leases rent growth is typically linked to inflation and tenants pay most outgoings. Charter Hall Retail REIT is a listed investment vehicle managed by Charter Hall Group. The group receives fees from Charter Hall Retail, in exchange for property, leasing, investment, and development management services, and retains a minority interest in the REIT.
83GF Score
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