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MRV Engenharia e ParticipacoesBSP:MRVE3 +1.59%64 ROC (Joel Greenblatt) % is 7.71% as of Mar. 2026, which is 66% below its 10-year median of 22.71. GuruFocus rates BSP:MRVE3 with a GF Score™ of 64/100 and a GF Value™ of R$9.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,748 Real Estate companies, MRV Engenharia e Participacoes ranks worse than 73.28% 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. MRV Engenharia e Participacoes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.71%.
The historical rank and industry rank for MRV Engenharia e Participacoes's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:MRVE3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.27 Med: 22.71 Max: 31.52
Current: 1.22
During the past 13 years, MRV Engenharia e Participacoes's highest ROC (Joel Greenblatt) % was 31.52%. The lowest was -3.27%. And the median was 22.71%.
BSP:MRVE3's ROC (Joel Greenblatt) % is ranked worse than 73.28% of 1748
companies
in the Real Estate industry
Industry Median: 12.92
vs BSP:MRVE3: 1.22
MRV Engenharia e Participacoes (BSP:MRVE3) 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.
MRV Engenharia e Participacoes ROC (Joel Greenblatt) % Chart
MRV Engenharia e Participacoes ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, MRV Engenharia e 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.
MRV Engenharia e Participacoes ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MRV Engenharia e Participacoes's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MRV Engenharia e Participacoes's ROC (Joel Greenblatt) % falls into.
MRV Engenharia e Participacoes 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 7.71% mean?
MRV Engenharia e Participacoes (BSP:MRVE3) has a ROC (Joel Greenblatt) % of 7.71% 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 MRV Engenharia e Participacoes and its competitors. This is 66% below median its historical median of 22.71. According to the industry distribution chart, MRV Engenharia e Participacoes ranks #1281 out of 1748 companies in the Real Estate industry, placing it in the top 73.3%.
Is MRV Engenharia e Participacoes' ROC (Joel Greenblatt) % too high?
MRV Engenharia e Participacoes' current ROC (Joel Greenblatt) % of 7.71% is 66% below median its 10-year median of 22.71. The Real Estate industry median ROC (Joel Greenblatt) % is 12.92. MRV Engenharia e Participacoes' value of 7.71% is 40.3% below this industry median. Based on the distribution chart, MRV Engenharia e Participacoes ranks #1281 out of 1748 companies in the Real Estate industry, which is below the industry midpoint. Overall, MRV Engenharia e Participacoes has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MRV Engenharia e Participacoes' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, MRV Engenharia e Participacoes ranks #1281 out of 1748 companies for ROC (Joel Greenblatt) %. This places MRV Engenharia e Participacoes in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.92. MRV Engenharia e Participacoes' value of 7.71% is 40.3% below this benchmark. While the company's 10-year median is 22.71 vs. the industry median of 12.92, MRV Engenharia e Participacoes 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 12.92, 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. MRV Engenharia e Participacoes's current ROC (Joel Greenblatt) % of 7.71% is 40.3% 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 MRV Engenharia e Participacoes and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRV Engenharia e Participacoes's current ROC (Joel Greenblatt) % is 7.71%, which is 66% below median its own 10-year median of 22.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRV Engenharia e Participacoes stock overvalued right now?
Based on GuruFocus' analysis, MRV Engenharia e Participacoes (BSP:MRVE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.64, compared to a current price of R$4.46 — trading 53.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.71%, which is 66% below median its 10-year median of 22.71 and 40.3% below the Real Estate industry median of 12.92. MRV Engenharia e Participacoes' overall GF Score™ is 64/100 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 MRV Engenharia e Participacoes (BSP:MRVE3), the current ROC (Joel Greenblatt) % is 7.71% 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 MRV Engenharia e Participacoes (BSP:MRVE3) Overvalued in 2026?
Based on GuruFocus' analysis, MRV Engenharia e Participacoes stock appears to be undervalued.
The current stock price of R$4.46 is trading 53.7% below its estimated GF Value™ of R$9.64.
GuruFocus considers MRV Engenharia e Participacoes to be Possible Value Trap.
Key valuation signals for BSP:MRVE3:
ROC (Joel Greenblatt) %: 7.71% (66% below median its 10-year median of 22.71)
GF Value™: R$9.64 vs. price of R$4.46 (53.7% below fair value)
Industry Position: 40.3% below the Real Estate median (#1281 of 1748)
No single metric tells the full story. See the BSP:MRVE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRV Engenharia e Participacoes Business Description
MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Luggo, Resia and Land development. With the majority of revenue is from Real estate development.
64GF Score
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