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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. Patria Logistica Fundo De Investimento Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 491.54%.
Patria Logistica Fundo De Investimento Imobiliario (BSP:PATL11) 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.
Patria Logistica Fundo De Investimento Imobiliario ROC (Joel Greenblatt) % Chart
Patria Logistica Fundo De Investimento Imobiliario Annual Data
BSP:PATL11 vs PLD, PSA, EXR: ROC (Joel Greenblatt) % Comparison
For the REIT - Industrial subindustry, Patria Logistica Fundo De Investimento Imobiliario'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.
Patria Logistica Fundo De Investimento Imobiliario ROC (Joel Greenblatt) % vs REITs Industry
Patria Logistica Fundo De Investimento Imobiliario 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 one times the annual (Dec. 2025) 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 491.54% mean?
Patria Logistica Fundo De Investimento Imobiliario (BSP:PATL11) has a ROC (Joel Greenblatt) % of 491.54% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Patria Logistica Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 525.13. Over the past decade, Patria Logistica Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % has ranged from 89.62 to 801.90. According to the industry distribution chart, Patria Logistica Fundo De Investimento Imobiliario ranks #202 out of 584 companies in the REITs industry, placing it in the top 34.6%.
Is Patria Logistica Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % too high?
Patria Logistica Fundo De Investimento Imobiliario's current ROC (Joel Greenblatt) % of 491.54% is near median its 10-year median of 525.13. Over the past 10 years, this metric has ranged from a low of 89.62 to a high of 801.90. The REITs industry median ROC (Joel Greenblatt) % is 178.70. Patria Logistica Fundo De Investimento Imobiliario's value of 491.54% is 175.1% above this industry median. Based on the distribution chart, Patria Logistica Fundo De Investimento Imobiliario ranks #202 out of 584 companies in the REITs industry, which is above the industry midpoint. Overall, Patria Logistica Fundo De Investimento Imobiliario has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Patria Logistica Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % compare to PLD and PSA?
According to the REITs industry distribution chart, Patria Logistica Fundo De Investimento Imobiliario ranks #202 out of 584 companies for ROC (Joel Greenblatt) %. This puts Patria Logistica Fundo De Investimento Imobiliario in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 178.70. Patria Logistica Fundo De Investimento Imobiliario's value of 491.54% is 175.1% above this benchmark. Historically, Patria Logistica Fundo De Investimento Imobiliario's own ROC (Joel Greenblatt) % has ranged from 89.62 to 801.90 over the past decade. While the company's 10-year median is 525.13 vs. the industry median of 178.70, Patria Logistica Fundo De Investimento Imobiliario 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 178.70, based on 584 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. Patria Logistica Fundo De Investimento Imobiliario's current ROC (Joel Greenblatt) % of 491.54% is 175.1% 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 Patria Logistica Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 178.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patria Logistica Fundo De Investimento Imobiliario's current ROC (Joel Greenblatt) % is 491.54%, which is near median its own 10-year median of 525.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Logistica Fundo De Investimento Imobiliario stock overvalued right now?
Patria Logistica Fundo De Investimento Imobiliario (BSP:PATL11) has a current ROC (Joel Greenblatt) % of 491.54%. The stock's GF Value™ is R$81.09, compared to a current price of R$64.15 — trading 20.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 491.54%, which is near median its 10-year median of 525.13 and 175.1% above the REITs industry median of 178.70. Patria Logistica Fundo De Investimento Imobiliario's overall GF Score™ is 81/100 with 4 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 Patria Logistica Fundo De Investimento Imobiliario (BSP:PATL11), the current ROC (Joel Greenblatt) % is 491.54% as of Dec. 2025. 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 Patria Logistica Fundo De Investimento Imobiliario (BSP:PATL11) Overvalued in 2026?
Based on GuruFocus' analysis, Patria Logistica Fundo De Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$64.15 is trading 20.9% below its estimated GF Value™ of R$81.09.
Key valuation signals for BSP:PATL11:
ROC (Joel Greenblatt) %: 491.54% (near median its 10-year median of 525.13)
GF Value™: R$81.09 vs. price of R$64.15 (20.9% below fair value)
Industry Position: 175.1% above the REITs median (#202 of 584)
No single metric tells the full story. See the BSP:PATL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patria Logistica Fundo De Investimento Imobiliario Business Description
Patria Logistica Fundo De Investimento Imobiliario is a real estate investment trust. The company's objective is to obtain income through the acquisition of logistical or industrial properties.
81GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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