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. EcoRodovias Infraestrutura E Logistica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 318.47%.
BSP:ECOR3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 91.59 Med: 241.73 Max: 620.26
Current: 502.09
During the past 13 years, EcoRodovias Infraestrutura E Logistica's highest ROC (Joel Greenblatt) % was 620.26%. The lowest was 91.59%. And the median was 241.73%.
BSP:ECOR3's ROC (Joel Greenblatt) % is ranked better than 96.73% of 1775
companies
in the Construction industry
Industry Median: 19.38
vs BSP:ECOR3: 502.09
EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) 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.
* 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.
EcoRodovias Infraestrutura E Logistica ROC (Joel Greenblatt) % Chart
EcoRodovias Infraestrutura E Logistica Annual Data
EcoRodovias Infraestrutura E Logistica ROC (Joel Greenblatt) % Competitor Comparison
For the Infrastructure Operations subindustry, EcoRodovias Infraestrutura E Logistica'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.
EcoRodovias Infraestrutura E Logistica ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, EcoRodovias Infraestrutura E Logistica's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where EcoRodovias Infraestrutura E Logistica's ROC (Joel Greenblatt) % falls into.
EcoRodovias Infraestrutura E Logistica 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 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 318.47% mean?
EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) has a ROC (Joel Greenblatt) % of 318.47% 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 EcoRodovias Infraestrutura E Logistica and its competitors. This is 32% above median its historical median of 241.73. Over the past decade, EcoRodovias Infraestrutura E Logistica's ROC (Joel Greenblatt) % has ranged from 91.59 to 620.26. According to the industry distribution chart, EcoRodovias Infraestrutura E Logistica ranks #58 out of 1775 companies in the Construction industry, placing it in the top 3.3%.
Is EcoRodovias Infraestrutura E Logistica's ROC (Joel Greenblatt) % too high?
EcoRodovias Infraestrutura E Logistica's current ROC (Joel Greenblatt) % of 318.47% is 32% above median its 10-year median of 241.73. Over the past 10 years, this metric has ranged from a low of 91.59 to a high of 620.26. The Construction industry median ROC (Joel Greenblatt) % is 19.38. EcoRodovias Infraestrutura E Logistica's value of 318.47% is 1543.3% above this industry median. Based on the distribution chart, EcoRodovias Infraestrutura E Logistica ranks #58 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, EcoRodovias Infraestrutura E Logistica has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EcoRodovias Infraestrutura E Logistica's ROC (Joel Greenblatt) % compare to competitors?
According to the Construction industry distribution chart, EcoRodovias Infraestrutura E Logistica ranks #58 out of 1775 companies for ROC (Joel Greenblatt) %. This places EcoRodovias Infraestrutura E Logistica in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. EcoRodovias Infraestrutura E Logistica's value of 318.47% is 1543.3% above this benchmark. Historically, EcoRodovias Infraestrutura E Logistica's own ROC (Joel Greenblatt) % has ranged from 91.59 to 620.26 over the past decade. While the company's 10-year median is 241.73 vs. the industry median of 19.38, EcoRodovias Infraestrutura E Logistica 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,775 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. EcoRodovias Infraestrutura E Logistica's current ROC (Joel Greenblatt) % of 318.47% is 1543.3% 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 EcoRodovias Infraestrutura E Logistica and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EcoRodovias Infraestrutura E Logistica's current ROC (Joel Greenblatt) % is 318.47%, which is 32% above median its own 10-year median of 241.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EcoRodovias Infraestrutura E Logistica stock overvalued right now?
Based on GuruFocus' analysis, EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$8.44, compared to a current price of R$7.56 — trading 10.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 318.47%, which is 32% above median its 10-year median of 241.73 and 1543.3% above the Construction industry median of 19.38. EcoRodovias Infraestrutura E Logistica's overall GF Score™ is 74/100 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 EcoRodovias Infraestrutura E Logistica (BSP:ECOR3), the current ROC (Joel Greenblatt) % is 318.47% 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 EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Overvalued in 2026?
Based on GuruFocus' analysis, EcoRodovias Infraestrutura E Logistica stock appears to be undervalued.
The current stock price of R$7.56 is trading 10.4% below its estimated GF Value™ of R$8.44.
GuruFocus considers EcoRodovias Infraestrutura E Logistica to be Modestly Undervalued.
Key valuation signals for BSP:ECOR3:
ROC (Joel Greenblatt) %: 318.47% (32% above median its 10-year median of 241.73)
GF Value™: R$8.44 vs. price of R$7.56 (10.4% below fair value)
Industry Position: 1543.3% above the Construction median (#58 of 1775)
No single metric tells the full story. See the BSP:ECOR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EcoRodovias Infraestrutura E Logistica Business Description
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