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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. Rbr Log - Fundo DE Investimento Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,210.28%.
BSP:RBRL11's ROC (Joel Greenblatt) % is ranked better than 84.1% of 629
companies
in the Asset Management industry
Industry Median: 63.35
vs BSP:RBRL11: 1210.28
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.
BSP:RBRL11 vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Rbr Log - 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.
Rbr Log - Fundo DE Investimento Imobiliario ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Rbr Log - Fundo DE Investimento Imobiliario's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rbr Log - Fundo DE Investimento Imobiliario'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 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 1,210.28% mean?
Rbr Log - Fundo DE Investimento Imobiliario (BSP:RBRL11) has a ROC (Joel Greenblatt) % of 1,210.28% 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 Rbr Log - Fundo DE Investimento Imobiliario and its competitors. This is near median its historical median of 1,210.28. Over the past decade, Rbr Log - Fundo DE Investimento Imobiliario's ROC (Joel Greenblatt) % has ranged from 1,210.28 to 1,210.28. According to the industry distribution chart, Rbr Log - Fundo DE Investimento Imobiliario ranks #100 out of 629 companies in the Asset Management industry, placing it in the top 15.9%.
Is Rbr Log - Fundo DE Investimento Imobiliario's ROC (Joel Greenblatt) % too high?
Rbr Log - Fundo DE Investimento Imobiliario's current ROC (Joel Greenblatt) % of 1,210.28% is near median its 10-year median of 1,210.28. Over the past 10 years, this metric has ranged from a low of 1,210.28 to a high of 1,210.28. The Asset Management industry median ROC (Joel Greenblatt) % is 63.35. Rbr Log - Fundo DE Investimento Imobiliario's value of 1,210.28% is 1810.5% above this industry median. Based on the distribution chart, Rbr Log - Fundo DE Investimento Imobiliario ranks #100 out of 629 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Rbr Log - Fundo DE Investimento Imobiliario has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rbr Log - Fundo DE Investimento Imobiliario's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Rbr Log - Fundo DE Investimento Imobiliario ranks #100 out of 629 companies for ROC (Joel Greenblatt) %. This places Rbr Log - Fundo DE Investimento Imobiliario in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 63.35. Rbr Log - Fundo DE Investimento Imobiliario's value of 1,210.28% is 1810.5% above this benchmark. Historically, Rbr Log - Fundo DE Investimento Imobiliario's own ROC (Joel Greenblatt) % has ranged from 1,210.28 to 1,210.28 over the past decade. While the company's 10-year median is 1,210.28 vs. the industry median of 63.35, Rbr Log - 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.35, based on 629 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. Rbr Log - Fundo DE Investimento Imobiliario's current ROC (Joel Greenblatt) % of 1,210.28% is 1810.5% 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 Rbr Log - Fundo DE Investimento Imobiliario and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rbr Log - Fundo DE Investimento Imobiliario's current ROC (Joel Greenblatt) % is 1,210.28%, which is near median its own 10-year median of 1,210.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rbr Log - Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Rbr Log - Fundo DE Investimento Imobiliario (BSP:RBRL11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$88.43, compared to a current price of R$73.19 — trading 17.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,210.28%, which is near median its 10-year median of 1,210.28 and 1810.5% above the Asset Management industry median of 63.35. Rbr Log - Fundo DE Investimento Imobiliario's overall GF Score™ is 74/100 with 7 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 Rbr Log - Fundo DE Investimento Imobiliario (BSP:RBRL11), the current ROC (Joel Greenblatt) % is 1,210.28% 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 Rbr Log - Fundo DE Investimento Imobiliario (BSP:RBRL11) Overvalued in 2026?
Based on GuruFocus' analysis, Rbr Log - Fundo DE Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$73.19 is trading 17.2% below its estimated GF Value™ of R$88.43.
GuruFocus considers Rbr Log - Fundo DE Investimento Imobiliario to be Modestly Undervalued.
Key valuation signals for BSP:RBRL11:
ROC (Joel Greenblatt) %: 1,210.28% (near median its 10-year median of 1,210.28)
GF Value™: R$88.43 vs. price of R$73.19 (17.2% below fair value)
Industry Position: 1810.5% above the Asset Management median (#100 of 629)
No single metric tells the full story. See the BSP:RBRL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rbr Log - Fundo DE Investimento Imobiliario Business Description
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