Cedar Woods PropertiesASX:CWP -0.57%91 ROC (Joel Greenblatt) % is 70.76% as of Dec. 2025, which is 26% above its 10-year median of 56.17. GuruFocus rates ASX:CWP with a GF Score™ of 91/100 and a GF Value™ of A$6.82 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,748 Real Estate companies, Cedar Woods Properties ranks better than 73.51% 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. Cedar Woods Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 70.76%.
The historical rank and industry rank for Cedar Woods Properties's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:CWP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.29 Med: 56.17 Max: 160.97
Current: 61.03
During the past 13 years, Cedar Woods Properties's highest ROC (Joel Greenblatt) % was 160.97%. The lowest was 28.29%. And the median was 56.17%.
ASX:CWP's ROC (Joel Greenblatt) % is ranked better than 73.51% of 1748
companies
in the Real Estate industry
Industry Median: 12.65
vs ASX:CWP: 61.03
Cedar Woods Properties's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.50% per year.
Cedar Woods Properties (ASX:CWP) 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.
Cedar Woods Properties ROC (Joel Greenblatt) % Related Terms
Cedar Woods Properties ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Cedar Woods Properties'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.
Cedar Woods Properties ROC (Joel Greenblatt) % Chart
Cedar Woods Properties ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Cedar Woods Properties'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.
Cedar Woods Properties ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Cedar Woods Properties's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cedar Woods Properties's ROC (Joel Greenblatt) % falls into.
Cedar Woods Properties 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 70.76% mean?
Cedar Woods Properties (ASX:CWP) has a ROC (Joel Greenblatt) % of 70.76% 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 Cedar Woods Properties and its competitors. This is 26% above median its historical median of 56.17. Over the past decade, Cedar Woods Properties' ROC (Joel Greenblatt) % has ranged from 28.29 to 160.97. According to the industry distribution chart, Cedar Woods Properties ranks #463 out of 1748 companies in the Real Estate industry, placing it in the top 26.5%.
Is Cedar Woods Properties' ROC (Joel Greenblatt) % too high?
Cedar Woods Properties' current ROC (Joel Greenblatt) % of 70.76% is 26% above median its 10-year median of 56.17. Over the past 10 years, this metric has ranged from a low of 28.29 to a high of 160.97. The Real Estate industry median ROC (Joel Greenblatt) % is 12.65. Cedar Woods Properties' value of 70.76% is 459.4% above this industry median. Based on the distribution chart, Cedar Woods Properties ranks #463 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Cedar Woods Properties has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cedar Woods Properties' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Cedar Woods Properties ranks #463 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Cedar Woods Properties in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.65. Cedar Woods Properties' value of 70.76% is 459.4% above this benchmark. Historically, Cedar Woods Properties' own ROC (Joel Greenblatt) % has ranged from 28.29 to 160.97 over the past decade. While the company's 10-year median is 56.17 vs. the industry median of 12.65, Cedar Woods Properties 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. Cedar Woods Properties's current ROC (Joel Greenblatt) % of 70.76% is 459.4% 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 Cedar Woods Properties 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. Cedar Woods Properties's current ROC (Joel Greenblatt) % is 70.76%, which is 26% above median its own 10-year median of 56.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cedar Woods Properties stock overvalued right now?
Based on GuruFocus' analysis, Cedar Woods Properties (ASX:CWP) is currently considered Fairly Valued. The stock's GF Value™ is A$6.82, compared to a current price of A$6.94 — trading 1.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 70.76%, which is 26% above median its 10-year median of 56.17 and 459.4% above the Real Estate industry median of 12.65. Cedar Woods Properties' overall GF Score™ is 91/100 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 Cedar Woods Properties (ASX:CWP), the current ROC (Joel Greenblatt) % is 70.76% 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 Cedar Woods Properties (ASX:CWP) Overvalued in 2026?
Based on GuruFocus' analysis, Cedar Woods Properties stock appears to be overvalued.
The current stock price of A$6.94 is trading 1.8% above its estimated GF Value™ of A$6.82.
GuruFocus considers Cedar Woods Properties to be Fairly Valued.
Key valuation signals for ASX:CWP:
ROC (Joel Greenblatt) %: 70.76% (26% above median its 10-year median of 56.17)
GF Value™: A$6.82 vs. price of A$6.94 (1.8% above fair value)
Industry Position: 459.4% above the Real Estate median (#463 of 1748)
No single metric tells the full story. See the ASX:CWP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cedar Woods Properties Ltd is an Australian property development company. The company's principal interests are in urban land subdivision and built-form development for residential, commercial, and retail purposes. The firm offers a range of housing lots, apartments, townhouses, and commercial properties. Its portfolio of assets is located in Western Australia, Victoria, Queensland, and South Australia.
91GF Score
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