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Even Construtora EorporadoraBSP:EVEN3 -0.99%69 ROC (Joel Greenblatt) % is 10.40% as of Mar. 2026, which is 14% below its 10-year median of 12.05. GuruFocus rates BSP:EVEN3 with a GF Score™ of 69/100 and a GF Value™ of R$16.37 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,748 Real Estate companies, Even Construtora Eorporadora ranks better than 52.86% 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. Even Construtora Eorporadora's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.40%.
The historical rank and industry rank for Even Construtora Eorporadora's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:EVEN3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.86 Med: 12.05 Max: 28.21
Current: 15.64
During the past 13 years, Even Construtora Eorporadora's highest ROC (Joel Greenblatt) % was 28.21%. The lowest was -8.86%. And the median was 12.05%.
BSP:EVEN3's ROC (Joel Greenblatt) % is ranked better than 52.86% of 1748
companies
in the Real Estate industry
Industry Median: 12.85
vs BSP:EVEN3: 15.64
Even Construtora Eorporadora (BSP:EVEN3) 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.
Even Construtora Eorporadora ROC (Joel Greenblatt) % Chart
Even Construtora Eorporadora ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.
Even Construtora Eorporadora ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Even Construtora Eorporadora's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Even Construtora Eorporadora's ROC (Joel Greenblatt) % falls into.
Even Construtora Eorporadora 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 10.40% mean?
Even Construtora Eorporadora (BSP:EVEN3) has a ROC (Joel Greenblatt) % of 10.40% 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 Even Construtora Eorporadora and its competitors. This is 14% below median its historical median of 12.05. According to the industry distribution chart, Even Construtora Eorporadora ranks #824 out of 1748 companies in the Real Estate industry, placing it in the top 47.1%.
Is Even Construtora Eorporadora's ROC (Joel Greenblatt) % too high?
Even Construtora Eorporadora's current ROC (Joel Greenblatt) % of 10.40% is 14% below median its 10-year median of 12.05. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Even Construtora Eorporadora's value of 10.40% is 19.1% below this industry median. Based on the distribution chart, Even Construtora Eorporadora ranks #824 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Even Construtora Eorporadora has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Even Construtora Eorporadora's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Even Construtora Eorporadora ranks #824 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Even Construtora Eorporadora in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. Even Construtora Eorporadora's value of 10.40% is 19.1% below this benchmark. While the company's 10-year median is 12.05 vs. the industry median of 12.85, Even Construtora Eorporadora 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,748 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. Even Construtora Eorporadora's current ROC (Joel Greenblatt) % of 10.40% is 19.1% 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 Even Construtora Eorporadora and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Even Construtora Eorporadora's current ROC (Joel Greenblatt) % is 10.40%, which is 14% below median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Construtora Eorporadora stock overvalued right now?
Based on GuruFocus' analysis, Even Construtora Eorporadora (BSP:EVEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.37, compared to a current price of R$4.99 — trading 69.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.40%, which is 14% below median its 10-year median of 12.05 and 19.1% below the Real Estate industry median of 12.85. Even Construtora Eorporadora's overall GF Score™ is 69/100 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 Even Construtora Eorporadora (BSP:EVEN3), the current ROC (Joel Greenblatt) % is 10.40% 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 Even Construtora Eorporadora (BSP:EVEN3) Overvalued in 2026?
Based on GuruFocus' analysis, Even Construtora Eorporadora stock appears to be undervalued.
The current stock price of R$4.99 is trading 69.5% below its estimated GF Value™ of R$16.37.
GuruFocus considers Even Construtora Eorporadora to be Possible Value Trap.
Key valuation signals for BSP:EVEN3:
ROC (Joel Greenblatt) %: 10.40% (14% below median its 10-year median of 12.05)
GF Value™: R$16.37 vs. price of R$4.99 (69.5% below fair value)
Industry Position: 19.1% below the Real Estate median (#824 of 1748)
No single metric tells the full story. See the BSP:EVEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.
69GF Score
Get the complete analysis for BSP:EVEN3
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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