Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Embpar ParticipacoesBSP:EPAR3 -7.43%30 ROC (Joel Greenblatt) % is 238.44% as of Mar. 2026, which is 403% above its 10-year median of 47.37. GuruFocus rates BSP:EPAR3 with a GF Score™ of 30/100 and a GF Value™ of R$0.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 285 Forest Products companies, Embpar Participacoes ranks better than 90.18% 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. Embpar Participacoes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 238.44%.
The historical rank and industry rank for Embpar Participacoes's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:EPAR3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -94.39 Med: 47.37 Max: 157.77
Current: 20.89
During the past 13 years, Embpar Participacoes's highest ROC (Joel Greenblatt) % was 157.77%. The lowest was -94.39%. And the median was 47.37%.
BSP:EPAR3's ROC (Joel Greenblatt) % is ranked better than 90.18% of 285
companies
in the Forest Products industry
Industry Median: 4.78
vs BSP:EPAR3: 20.89
Embpar Participacoes's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Embpar Participacoes ROC (Joel Greenblatt) % Related Terms
Embpar Participacoes ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Embpar Participacoes'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.
BSP:EPAR3 vs SSD, UFPI, BCC: ROC (Joel Greenblatt) % Comparison
For the Lumber & Wood Production subindustry, Embpar Participacoes'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.
Embpar Participacoes ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Embpar Participacoes's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Embpar Participacoes's ROC (Joel Greenblatt) % falls into.
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 238.44% mean?
Embpar Participacoes (BSP:EPAR3) has a ROC (Joel Greenblatt) % of 238.44% 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 Embpar Participacoes and its competitors. This is 403% above median its historical median of 47.37. According to the industry distribution chart, Embpar Participacoes ranks #28 out of 285 companies in the Forest Products industry, placing it in the top 9.8%.
Is Embpar Participacoes' ROC (Joel Greenblatt) % too high?
Embpar Participacoes' current ROC (Joel Greenblatt) % of 238.44% is 403% above median its 10-year median of 47.37. The Forest Products industry median ROC (Joel Greenblatt) % is 4.78. Embpar Participacoes' value of 238.44% is 4888.3% above this industry median. Based on the distribution chart, Embpar Participacoes ranks #28 out of 285 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Embpar Participacoes has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embpar Participacoes' ROC (Joel Greenblatt) % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Embpar Participacoes ranks #28 out of 285 companies for ROC (Joel Greenblatt) %. This places Embpar Participacoes in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.78. Embpar Participacoes' value of 238.44% is 4888.3% above this benchmark. While the company's 10-year median is 47.37 vs. the industry median of 4.78, Embpar Participacoes 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.78, based on 285 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. Embpar Participacoes's current ROC (Joel Greenblatt) % of 238.44% is 4888.3% 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 Embpar Participacoes and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Embpar Participacoes's current ROC (Joel Greenblatt) % is 238.44%, which is 403% above median its own 10-year median of 47.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embpar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Embpar Participacoes (BSP:EPAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.09, compared to a current price of R$1.37 — trading 1422.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 238.44%, which is 403% above median its 10-year median of 47.37 and 4888.3% above the Forest Products industry median of 4.78. Embpar Participacoes' overall GF Score™ is 30/100 with 2 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 Embpar Participacoes (BSP:EPAR3), the current ROC (Joel Greenblatt) % is 238.44% 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 Embpar Participacoes (BSP:EPAR3) Overvalued in 2026?
Based on GuruFocus' analysis, Embpar Participacoes stock appears to be overvalued.
The current stock price of R$1.37 is trading 1422.2% above its estimated GF Value™ of R$0.09.
GuruFocus considers Embpar Participacoes to be Significantly Overvalued.
Key valuation signals for BSP:EPAR3:
ROC (Joel Greenblatt) %: 238.44% (403% above median its 10-year median of 47.37)
GF Value™: R$0.09 vs. price of R$1.37 (1422.2% above fair value)
Industry Position: 4888.3% above the Forest Products median (#28 of 285)
No single metric tells the full story. See the BSP:EPAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Embpar Participacoes SA formerly Battistella Administracao e Participacoes SA engages in the production of sawn lumber of Pinus taeda and Pinus elliottii, kiln-dried in greenhouses (KD). Its product includes pine limber, wood chips, sawdust, pine timber.
30GF Score
Get the complete analysis for BSP:EPAR3
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:EPAR3 has been successfully added to your 
