Garda Property GroupASX:GDF +0.49%46 ROC (Joel Greenblatt) % is 18.77% as of Dec. 2025, which is 97% below its 10-year median of 689.72. GuruFocus rates ASX:GDF with a GF Score™ of 46/100 and a GF Value™ of A$0.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,753 Real Estate companies, Garda Property Group ranks better than 54.82% 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. Garda Property Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.77%.
The historical rank and industry rank for Garda Property Group's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:GDF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -52.1 Med: 689.72 Max: 5372.48
Current: 16.54
During the past 10 years, Garda Property Group's highest ROC (Joel Greenblatt) % was 5372.48%. The lowest was -52.10%. And the median was 689.72%.
ASX:GDF's ROC (Joel Greenblatt) % is ranked better than 54.82% of 1753
companies
in the Real Estate industry
Industry Median: 12.5
vs ASX:GDF: 16.54
Garda Property Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Garda Property Group (ASX:GDF) 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.
Garda Property Group ROC (Joel Greenblatt) % Related Terms
Garda Property Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Garda Property Group'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.
Garda Property Group ROC (Joel Greenblatt) % Chart
ASX:GDF vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Garda Property Group'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.
Garda Property Group ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Garda Property Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Garda Property Group's ROC (Joel Greenblatt) % falls into.
Garda Property Group 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 18.77% mean?
Garda Property Group (ASX:GDF) has a ROC (Joel Greenblatt) % of 18.77% 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 Garda Property Group and its competitors. This is 97% below median its historical median of 689.72. According to the industry distribution chart, Garda Property Group ranks #792 out of 1753 companies in the Real Estate industry, placing it in the top 45.2%.
Is Garda Property Group's ROC (Joel Greenblatt) % too high?
Garda Property Group's current ROC (Joel Greenblatt) % of 18.77% is 97% below median its 10-year median of 689.72. The Real Estate industry median ROC (Joel Greenblatt) % is 12.50. Garda Property Group's value of 18.77% is 50.2% above this industry median. Based on the distribution chart, Garda Property Group ranks #792 out of 1753 companies in the Real Estate industry, which is above the industry midpoint. Overall, Garda Property Group has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garda Property Group's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Garda Property Group ranks #792 out of 1753 companies for ROC (Joel Greenblatt) %. This puts Garda Property Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.50. Garda Property Group's value of 18.77% is 50.2% above this benchmark. While the company's 10-year median is 689.72 vs. the industry median of 12.50, Garda Property Group 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. Garda Property Group's current ROC (Joel Greenblatt) % of 18.77% is 50.2% 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 Garda Property Group 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. Garda Property Group's current ROC (Joel Greenblatt) % is 18.77%, which is 97% below median its own 10-year median of 689.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garda Property Group stock overvalued right now?
Based on GuruFocus' analysis, Garda Property Group (ASX:GDF) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.79, compared to a current price of A$1.03 — trading 30.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 18.77%, which is 97% below median its 10-year median of 689.72 and 50.2% above the Real Estate industry median of 12.50. Garda Property Group's overall GF Score™ is 46/100 with 6 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 Garda Property Group (ASX:GDF), the current ROC (Joel Greenblatt) % is 18.77% 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 Garda Property Group (ASX:GDF) Overvalued in 2026?
Based on GuruFocus' analysis, Garda Property Group stock appears to be overvalued.
The current stock price of A$1.03 is trading 30.4% above its estimated GF Value™ of A$0.79.
GuruFocus considers Garda Property Group to be Modestly Overvalued.
Key valuation signals for ASX:GDF:
ROC (Joel Greenblatt) %: 18.77% (97% below median its 10-year median of 689.72)
GF Value™: A$0.79 vs. price of A$1.03 (30.4% above fair value)
Industry Position: 50.2% above the Real Estate median (#792 of 1753)
No single metric tells the full story. See the ASX:GDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garda Property Group invests in commercial and industrial properties and other assets by the provisions of Its constitution. The company's operating segment includes Direct investment, Debt investment, and Funds management. It generates maximum revenue from the Direct investment segment in the form of rental income. The Direct investment segment includes investment in Australian commercial and industrial property.
46GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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