Armac Locacao Logistica e Servicos (BSP:ARML3) ROC (Joel Greenblatt) %: 16.75% (As of Mar. 2026) — 22% Below Median


BSP:ARML3 Armac Locacao Logistica e Servicos SA BSP:ARML3
80 GF Score
Price R$3.28
GF Value R$9.24
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Armac Locacao Logistica e Servicos ROC (Joel Greenblatt) %?

Armac Locacao Logistica e Servicos BSP:ARML3 +7.19% 80 ROC (Joel Greenblatt) % is 16.75% as of Mar. 2026, which is 22% below its 10-year median of 21.41. GuruFocus rates BSP:ARML3 with a GF Score™ of 80/100 and a GF Value™ of R$9.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,081 Business Services companies, Armac Locacao Logistica e Servicos ranks worse than 55.87% 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. Armac Locacao Logistica e Servicos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.75%.

The historical rank and industry rank for Armac Locacao Logistica e Servicos's ROC (Joel Greenblatt) % or its related term are showing as below:

BSP:ARML3' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.67   Med: 21.41   Max: 25.9
Current: 16.23

During the past 8 years, Armac Locacao Logistica e Servicos's highest ROC (Joel Greenblatt) % was 25.90%. The lowest was 15.67%. And the median was 21.41%.

BSP:ARML3's ROC (Joel Greenblatt) % is ranked worse than
55.87% of 1081 companies
in the Business Services industry
Industry Median: 20.97 vs BSP:ARML3: 16.23

Armac Locacao Logistica e Servicos's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.70% per year.


Armac Locacao Logistica e Servicos  (BSP:ARML3) 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.


Armac Locacao Logistica e Servicos ROC (Joel Greenblatt) % Related Terms


Armac Locacao Logistica e Servicos ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Armac Locacao Logistica e Servicos'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.

Armac Locacao Logistica e Servicos ROC (Joel Greenblatt) % Chart

Armac Locacao Logistica e Servicos Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 18.43 23.74 21.97 22.11 15.67

Armac Locacao Logistica e Servicos 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 14.23 11.03 21.04 16.46 16.75

BSP:ARML3 vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison

For the Rental & Leasing Services subindustry, Armac Locacao Logistica e Servicos'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.


Armac Locacao Logistica e Servicos ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Armac Locacao Logistica e Servicos's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Armac Locacao Logistica e Servicos's ROC (Joel Greenblatt) % falls into.


BSP:ARML3
80GF Score
Armac Locacao Logistica e Servicos SA BSP:ARML3
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Armac Locacao Logistica e Servicos 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)
=(291.429 + 84.099 + 483.008) - (709.315 + 0 + 49.171)
=100.05

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(234.388 + 93.607 + 540.591) - (646.011 + 0 + 48.441)
=174.134

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Armac Locacao Logistica e Servicos 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 )
=550.52/( ( (2963.781 + max(100.05, 0)) + (3335.432 + max(174.134, 0)) )/ 2 )
=550.52/( ( 3063.831 + 3509.566 )/ 2 )
=550.52/3286.6985
=16.75 %

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 16.75% mean?
Armac Locacao Logistica e Servicos (BSP:ARML3) has a ROC (Joel Greenblatt) % of 16.75% 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 Armac Locacao Logistica e Servicos and its competitors. This is 22% below median its historical median of 21.41. Over the past decade, Armac Locacao Logistica e Servicos' ROC (Joel Greenblatt) % has ranged from 15.67 to 25.90. According to the industry distribution chart, Armac Locacao Logistica e Servicos ranks #604 out of 1081 companies in the Business Services industry, placing it in the top 55.9%.
Is Armac Locacao Logistica e Servicos' ROC (Joel Greenblatt) % too high?
Armac Locacao Logistica e Servicos' current ROC (Joel Greenblatt) % of 16.75% is 22% below median its 10-year median of 21.41. Over the past 10 years, this metric has ranged from a low of 15.67 to a high of 25.90. The Business Services industry median ROC (Joel Greenblatt) % is 20.97. Armac Locacao Logistica e Servicos' value of 16.75% is 20.1% below this industry median. Based on the distribution chart, Armac Locacao Logistica e Servicos ranks #604 out of 1081 companies in the Business Services industry, which is below the industry midpoint. Overall, Armac Locacao Logistica e Servicos has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Armac Locacao Logistica e Servicos' ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Armac Locacao Logistica e Servicos ranks #604 out of 1081 companies for ROC (Joel Greenblatt) %. This places Armac Locacao Logistica e Servicos in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.97. Armac Locacao Logistica e Servicos' value of 16.75% is 20.1% below this benchmark. Historically, Armac Locacao Logistica e Servicos' own ROC (Joel Greenblatt) % has ranged from 15.67 to 25.90 over the past decade. While the company's 10-year median is 21.41 vs. the industry median of 20.97, Armac Locacao Logistica e Servicos 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 20.97, based on 1,081 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. Armac Locacao Logistica e Servicos's current ROC (Joel Greenblatt) % of 16.75% is 20.1% 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 Armac Locacao Logistica e Servicos and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armac Locacao Logistica e Servicos's current ROC (Joel Greenblatt) % is 16.75%, which is 22% below median its own 10-year median of 21.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armac Locacao Logistica e Servicos stock overvalued right now?
Based on GuruFocus' analysis, Armac Locacao Logistica e Servicos (BSP:ARML3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.24, compared to a current price of R$3.28 — trading 64.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.75%, which is 22% below median its 10-year median of 21.41 and 20.1% below the Business Services industry median of 20.97. Armac Locacao Logistica e Servicos' overall GF Score™ is 80/100 with 7 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 Armac Locacao Logistica e Servicos (BSP:ARML3), the current ROC (Joel Greenblatt) % is 16.75% 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 Armac Locacao Logistica e Servicos (BSP:ARML3) Overvalued in 2026?

Based on GuruFocus' analysis, Armac Locacao Logistica e Servicos stock appears to be undervalued. The current stock price of R$3.28 is trading 64.5% below its estimated GF Value™ of R$9.24. GuruFocus considers Armac Locacao Logistica e Servicos to be Possible Value Trap.

Key valuation signals for BSP:ARML3:

  • ROC (Joel Greenblatt) %: 16.75% (22% below median its 10-year median of 21.41)
  • GF Value™: R$9.24 vs. price of R$3.28 (64.5% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 20.1% below the Business Services median (#604 of 1081)

No single metric tells the full story. See the BSP:ARML3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Armac Locacao Logistica e Servicos Business Description

Address Avenue Marcos Penteado de Ulhoa Rodrigues, 939, Jatoba Building, 7th Floor, Tambore, Barueri, SP, BRA, 06460
Armac Locacao Logistica e Servicos SA is engaged in offering machinery and equipment on a rental basis. Some of its equipment includes pavers, telescopic handlers, Compaction rollers, Motor graders, crawler tractors, excavators, and Loaders among others.
80GF Score

Get the complete analysis for BSP:ARML3

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

R$3.28
Price
R$9.24
GF Value