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. PDG Realty Empreendimentos e Participacoes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2,631.47%.
BSP:PDGR3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34495.5 Med: -21.32 Max: 2954.16
Current: -14482.91
During the past 13 years, PDG Realty Empreendimentos e Participacoes's highest ROC (Joel Greenblatt) % was 2954.16%. The lowest was -34495.50%. And the median was -21.32%.
BSP:PDGR3's ROC (Joel Greenblatt) % is ranked worse than 99.43% of 1751
companies
in the Real Estate industry
Industry Median: 12.62
vs BSP:PDGR3: -14482.91
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.
PDG Realty Empreendimentos e Participacoes ROC (Joel Greenblatt) % Chart
PDG Realty Empreendimentos e Participacoes Annual Data
For the Real Estate - Development subindustry, PDG Realty Empreendimentos 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.
PDG Realty Empreendimentos e Participacoes ROC (Joel Greenblatt) % vs Real Estate Industry
PDG Realty Empreendimentos 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 -2,631.47% mean?
PDG Realty Empreendimentos e Participacoes (BSP:PDGR3) has a ROC (Joel Greenblatt) % of -2,631.47% 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 PDG Realty Empreendimentos e Participacoes and its competitors. According to the industry distribution chart, PDG Realty Empreendimentos e Participacoes ranks #1741 out of 1751 companies in the Real Estate industry, placing it in the top 99.4%.
Is PDG Realty Empreendimentos e Participacoes' ROC (Joel Greenblatt) % too high?
PDG Realty Empreendimentos e Participacoes' current ROC (Joel Greenblatt) % is -2,631.47%. Based on the distribution chart, PDG Realty Empreendimentos e Participacoes ranks #1741 out of 1751 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PDG Realty Empreendimentos e Participacoes has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does PDG Realty Empreendimentos e Participacoes' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, PDG Realty Empreendimentos e Participacoes ranks #1741 out of 1751 companies for ROC (Joel Greenblatt) %. This places PDG Realty Empreendimentos e Participacoes in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.62. 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. 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 PDG Realty Empreendimentos e Participacoes 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. PDG Realty Empreendimentos e Participacoes's current ROC (Joel Greenblatt) % is -2,631.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PDG Realty Empreendimentos e Participacoes stock overvalued right now?
PDG Realty Empreendimentos e Participacoes (BSP:PDGR3) has a current ROC (Joel Greenblatt) % of -2,631.47%. The current ROC (Joel Greenblatt) % is -2,631.47%. PDG Realty Empreendimentos e Participacoes' overall GF Score™ is 6/100 with 6 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 PDG Realty Empreendimentos e Participacoes (BSP:PDGR3), the current ROC (Joel Greenblatt) % is -2,631.47% 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.
PDG Realty Empreendimentos e Participacoes Business Description
PDG Realty SA Empreendimentos e Participacoes is a construction and real estate development company in Brazil. It operates in the residential market and, complementarily, in the commercial and land development segments.
6GF Score
Get the complete analysis for BSP:PDGR3
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:PDGR3 has been successfully added to your 
