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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. Fundo DE Investimento Imobiliario VBI Prime Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 54.90%.
Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) 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.
Fundo DE Investimento Imobiliario VBI Prime Properties ROC (Joel Greenblatt) % Chart
Fundo DE Investimento Imobiliario VBI Prime Properties Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
ROC (Joel Greenblatt) %
0.00
631.18
969.64
49.24
54.90
Fundo DE Investimento Imobiliario VBI Prime Properties Semi-Annual Data
Jun21
Jun22
Jun23
Jun24
Jun25
ROC (Joel Greenblatt) %
0.00
631.18
969.64
49.24
54.90
BSP:PVBI11 vs VICI, WPC: ROC (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario VBI Prime Properties'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.
Fundo DE Investimento Imobiliario VBI Prime Properties ROC (Joel Greenblatt) % vs REITs Industry
Fundo DE Investimento Imobiliario VBI Prime Properties 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 (Jun. 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 54.90% mean?
Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) has a ROC (Joel Greenblatt) % of 54.90% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fundo DE Investimento Imobiliario VBI Prime Properties and its competitors. This is 84% below median its historical median of 343.04. Over the past decade, Fundo DE Investimento Imobiliario VBI Prime Properties' ROC (Joel Greenblatt) % has ranged from 49.24 to 969.64. According to the industry distribution chart, Fundo DE Investimento Imobiliario VBI Prime Properties ranks #353 out of 571 companies in the REITs industry, placing it in the top 61.8%.
Is Fundo DE Investimento Imobiliario VBI Prime Properties' ROC (Joel Greenblatt) % too high?
Fundo DE Investimento Imobiliario VBI Prime Properties' current ROC (Joel Greenblatt) % of 54.90% is 84% below median its 10-year median of 343.04. Over the past 10 years, this metric has ranged from a low of 49.24 to a high of 969.64. The REITs industry median ROC (Joel Greenblatt) % is 178.11. Fundo DE Investimento Imobiliario VBI Prime Properties' value of 54.90% is 69.2% below this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario VBI Prime Properties ranks #353 out of 571 companies in the REITs industry, which is below the industry midpoint. Overall, Fundo DE Investimento Imobiliario VBI Prime Properties has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario VBI Prime Properties' ROC (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario VBI Prime Properties ranks #353 out of 571 companies for ROC (Joel Greenblatt) %. This places Fundo DE Investimento Imobiliario VBI Prime Properties in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 178.11. Fundo DE Investimento Imobiliario VBI Prime Properties' value of 54.90% is 69.2% below this benchmark. Historically, Fundo DE Investimento Imobiliario VBI Prime Properties' own ROC (Joel Greenblatt) % has ranged from 49.24 to 969.64 over the past decade. While the company's 10-year median is 343.04 vs. the industry median of 178.11, Fundo DE Investimento Imobiliario VBI Prime Properties 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 178.11, based on 571 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. Fundo DE Investimento Imobiliario VBI Prime Properties's current ROC (Joel Greenblatt) % of 54.90% is 69.2% 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 Fundo DE Investimento Imobiliario VBI Prime Properties and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 178.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario VBI Prime Properties's current ROC (Joel Greenblatt) % is 54.90%, which is 84% below median its own 10-year median of 343.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario VBI Prime Properties stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$90.61, compared to a current price of R$65.20 — trading 28% below its estimated fair value. The current ROC (Joel Greenblatt) % is 54.90%, which is 84% below median its 10-year median of 343.04 and 69.2% below the REITs industry median of 178.11. Fundo DE Investimento Imobiliario VBI Prime Properties' overall GF Score™ is 59/100 with 1 warning sign 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 Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11), the current ROC (Joel Greenblatt) % is 54.90% as of Jun. 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 Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario VBI Prime Properties stock appears to be undervalued.
The current stock price of R$65.20 is trading 28% below its estimated GF Value™ of R$90.61.
GuruFocus considers Fundo DE Investimento Imobiliario VBI Prime Properties to be Modestly Undervalued.
Key valuation signals for BSP:PVBI11:
ROC (Joel Greenblatt) %: 54.90% (84% below median its 10-year median of 343.04)
GF Value™: R$90.61 vs. price of R$65.20 (28% below fair value)
Industry Position: 69.2% below the REITs median (#353 of 571)
No single metric tells the full story. See the BSP:PVBI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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