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Helbor EmpreendimentosBSP:HBOR3 -0.94%71 ROC (Joel Greenblatt) % is 8.43% as of Mar. 2026, which is 29% above its 10-year median of 6.56. GuruFocus rates BSP:HBOR3 with a GF Score™ of 71/100 and a GF Value™ of R$2.97 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,751 Real Estate companies, Helbor Empreendimentos ranks worse than 55.97% 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. Helbor Empreendimentos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.43%.
The historical rank and industry rank for Helbor Empreendimentos's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:HBOR3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.86 Med: 6.56 Max: 14.94
Current: 9.12
During the past 13 years, Helbor Empreendimentos's highest ROC (Joel Greenblatt) % was 14.94%. The lowest was -11.86%. And the median was 6.56%.
BSP:HBOR3's ROC (Joel Greenblatt) % is ranked worse than 55.97% of 1751
companies
in the Real Estate industry
Industry Median: 12.62
vs BSP:HBOR3: 9.12
Helbor Empreendimentos's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.20% 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.
Helbor Empreendimentos ROC (Joel Greenblatt) % Related Terms
Helbor Empreendimentos ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Helbor Empreendimentos'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:HBOR3 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Helbor Empreendimentos'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.
Helbor Empreendimentos ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Helbor Empreendimentos's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Helbor Empreendimentos'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 8.43% mean?
Helbor Empreendimentos (BSP:HBOR3) has a ROC (Joel Greenblatt) % of 8.43% 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 Helbor Empreendimentos and its competitors. This is 29% above median its historical median of 6.56. According to the industry distribution chart, Helbor Empreendimentos ranks #980 out of 1751 companies in the Real Estate industry, placing it in the top 56%.
Is Helbor Empreendimentos' ROC (Joel Greenblatt) % too high?
Helbor Empreendimentos' current ROC (Joel Greenblatt) % of 8.43% is 29% above median its 10-year median of 6.56. The Real Estate industry median ROC (Joel Greenblatt) % is 12.62. Helbor Empreendimentos' value of 8.43% is 33.2% below this industry median. Based on the distribution chart, Helbor Empreendimentos ranks #980 out of 1751 companies in the Real Estate industry, which is below the industry midpoint. Overall, Helbor Empreendimentos has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helbor Empreendimentos' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Helbor Empreendimentos ranks #980 out of 1751 companies for ROC (Joel Greenblatt) %. This places Helbor Empreendimentos in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.62. Helbor Empreendimentos' value of 8.43% is 33.2% below this benchmark. While the company's 10-year median is 6.56 vs. the industry median of 12.62, Helbor Empreendimentos 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 12.62, based on 1,751 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. Helbor Empreendimentos's current ROC (Joel Greenblatt) % of 8.43% is 33.2% 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 Helbor Empreendimentos and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helbor Empreendimentos's current ROC (Joel Greenblatt) % is 8.43%, which is 29% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helbor Empreendimentos stock overvalued right now?
Based on GuruFocus' analysis, Helbor Empreendimentos (BSP:HBOR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$2.97, compared to a current price of R$2.11 — trading 29% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.43%, which is 29% above median its 10-year median of 6.56 and 33.2% below the Real Estate industry median of 12.62. Helbor Empreendimentos' overall GF Score™ is 71/100 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 Helbor Empreendimentos (BSP:HBOR3), the current ROC (Joel Greenblatt) % is 8.43% 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 Helbor Empreendimentos (BSP:HBOR3) Overvalued in 2026?
Based on GuruFocus' analysis, Helbor Empreendimentos stock appears to be undervalued.
The current stock price of R$2.11 is trading 29% below its estimated GF Value™ of R$2.97.
GuruFocus considers Helbor Empreendimentos to be Modestly Undervalued.
Key valuation signals for BSP:HBOR3:
ROC (Joel Greenblatt) %: 8.43% (29% above median its 10-year median of 6.56)
GF Value™: R$2.97 vs. price of R$2.11 (29% below fair value)
Industry Position: 33.2% below the Real Estate median (#980 of 1751)
No single metric tells the full story. See the BSP:HBOR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helbor Empreendimentos SA is a Brazil-based company which engages in incorporation of real estate projects, as well as the provision of venture management services and acquisition, administration, development, lease and management of corporate buildings, shopping malls, parking lots, strip malls, industrial warehouses and hotel. . The firm also provides real estate development management services. Its portfolio includes residential, industrial, and commercial properties. Its revenue sources include revenue from sales of properties and management fee.
71GF Score
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