LDR Capital Property Fund (ASX:LED) ROC (Joel Greenblatt) %: 0.00% (As of Dec. 2025)


ASX:LED LDR Capital Property Fund ASX:LED
40 GF Score
Price A$0.47
GF Value A$0.40
Valuation Modestly Overvalued
! 5 Warning Signs
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What is LDR Capital Property Fund ROC (Joel Greenblatt) %?

LDR Capital Property Fund ASX:LED +1.09% 40 ROC (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates ASX:LED with a GF Score™ of 40/100 and a GF Value™ of A$0.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,750 Real Estate companies, LDR Capital Property Fund ranks worse than 57142.8% 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. LDR Capital Property Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for LDR Capital Property Fund's ROC (Joel Greenblatt) % or its related term are showing as below:

ASX:LED's ROC (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 12.52
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

LDR Capital Property Fund's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


LDR Capital Property Fund  (ASX:LED) 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.


LDR Capital Property Fund ROC (Joel Greenblatt) % Related Terms


LDR Capital Property Fund ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for LDR Capital Property Fund'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.

LDR Capital Property Fund ROC (Joel Greenblatt) % Chart

LDR Capital Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

LDR Capital Property Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

ASX:LED vs CBRE, BEKE, CSGP: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, LDR Capital Property Fund'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.


LDR Capital Property Fund ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LDR Capital Property Fund's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where LDR Capital Property Fund's ROC (Joel Greenblatt) % falls into.


ASX:LED
40GF Score
LDR Capital Property Fund ASX:LED
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LDR Capital Property Fund 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.277 + 0 + 1.927) - (15.423 + 1.589 + 0.927)
=-14.735

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.477 + 0 + 1.48) - (5.499 + 0 + 9.565)
=-10.107

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of LDR Capital Property Fund for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18.33/( ( (0 + max(-14.735, 0)) + (0 + max(-10.107, 0)) )/ 1 )
=18.33/( ( 0 + 0 )/ 1 )
=18.33/0
= %

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 0.00% mean?
LDR Capital Property Fund (ASX:LED) has a ROC (Joel Greenblatt) % of 0.00% 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 LDR Capital Property Fund and its competitors. According to the industry distribution chart, LDR Capital Property Fund ranks #999999 out of 1750 companies in the Real Estate industry.
Is LDR Capital Property Fund's ROC (Joel Greenblatt) % too high?
LDR Capital Property Fund's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, LDR Capital Property Fund ranks #999999 out of 1750 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, LDR Capital Property Fund has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LDR Capital Property Fund's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LDR Capital Property Fund ranks #999999 out of 1750 companies for ROC (Joel Greenblatt) %. This places LDR Capital Property Fund in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.52. 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 12.52, based on 1,750 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. 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 LDR Capital Property Fund and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LDR Capital Property Fund's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LDR Capital Property Fund stock overvalued right now?
Based on GuruFocus' analysis, LDR Capital Property Fund (ASX:LED) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.47 — trading 16.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. LDR Capital Property Fund's overall GF Score™ is 40/100 with 5 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 LDR Capital Property Fund (ASX:LED), the current ROC (Joel Greenblatt) % is 0.00% 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 LDR Capital Property Fund (ASX:LED) Overvalued in 2026?

Based on GuruFocus' analysis, LDR Capital Property Fund stock appears to be overvalued. The current stock price of A$0.47 is trading 16.3% above its estimated GF Value™ of A$0.40. GuruFocus considers LDR Capital Property Fund to be Modestly Overvalued.

Key valuation signals for ASX:LED:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: A$0.40 vs. price of A$0.47 (16.3% above fair value)
  • GF Score™: 40/100 with 5 warning signs

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


LDR Capital Property Fund Business Description

Address 201 Elizabeth Street, Level 34, Sydney, NSW, AUS, 2000
LDR Capital Property Fund is an externally managed real estate investment trust that invests in Australian commercial office assets.
40GF Score

Get the complete analysis for ASX:LED

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

A$0.47
Price
A$0.40
GF Value