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Localiza Rent A CarBSP:RENT3 -2.51%94 ROC (Joel Greenblatt) % is 23.54% as of Mar. 2026, which is 40% above its 10-year median of 16.86. GuruFocus rates BSP:RENT3 with a GF Score™ of 94/100 and a GF Value™ of R$56.09 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,081 Business Services companies, Localiza Rent A Car ranks worse than 55.5% 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. Localiza Rent A Car's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.54%.
The historical rank and industry rank for Localiza Rent A Car's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:RENT3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.51 Med: 16.86 Max: 22.89
Current: 16.66
During the past 13 years, Localiza Rent A Car's highest ROC (Joel Greenblatt) % was 22.89%. The lowest was 13.51%. And the median was 16.86%.
BSP:RENT3's ROC (Joel Greenblatt) % is ranked worse than 55.5% of 1081
companies
in the Business Services industry
Industry Median: 21.22
vs BSP:RENT3: 16.66
Localiza Rent A Car's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.40% per year.
Localiza Rent A Car (BSP:RENT3) 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.
Localiza Rent A Car ROC (Joel Greenblatt) % Related Terms
Localiza Rent A Car ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Localiza Rent A Car's ROC (Joel Greenblatt) % can be seen below:
* 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:RENT3 vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison
For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.
Localiza Rent A Car ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Localiza Rent A Car's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Localiza Rent A Car's ROC (Joel Greenblatt) % falls into.
Localiza Rent A Car 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 23.54% mean?
Localiza Rent A Car (BSP:RENT3) has a ROC (Joel Greenblatt) % of 23.54% 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 Localiza Rent A Car and its competitors. This is 40% above median its historical median of 16.86. Over the past decade, Localiza Rent A Car's ROC (Joel Greenblatt) % has ranged from 13.51 to 22.89. According to the industry distribution chart, Localiza Rent A Car ranks #600 out of 1081 companies in the Business Services industry, placing it in the top 55.5%.
Is Localiza Rent A Car's ROC (Joel Greenblatt) % too high?
Localiza Rent A Car's current ROC (Joel Greenblatt) % of 23.54% is 40% above median its 10-year median of 16.86. Over the past 10 years, this metric has ranged from a low of 13.51 to a high of 22.89. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. Localiza Rent A Car's value of 23.54% is 10.9% above this industry median. Based on the distribution chart, Localiza Rent A Car ranks #600 out of 1081 companies in the Business Services industry, which is below the industry midpoint. Overall, Localiza Rent A Car has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Localiza Rent A Car's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Localiza Rent A Car ranks #600 out of 1081 companies for ROC (Joel Greenblatt) %. This places Localiza Rent A Car in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.22. Localiza Rent A Car's value of 23.54% is 10.9% above this benchmark. Historically, Localiza Rent A Car's own ROC (Joel Greenblatt) % has ranged from 13.51 to 22.89 over the past decade. While the company's 10-year median is 16.86 vs. the industry median of 21.22, Localiza Rent A Car 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.22, based on 1,081 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. Localiza Rent A Car's current ROC (Joel Greenblatt) % of 23.54% is 10.9% 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 Localiza Rent A Car and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Localiza Rent A Car's current ROC (Joel Greenblatt) % is 23.54%, which is 40% above median its own 10-year median of 16.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Localiza Rent A Car stock overvalued right now?
Based on GuruFocus' analysis, Localiza Rent A Car (BSP:RENT3) is currently considered Possible Value Trap. The stock's GF Value™ is R$56.09, compared to a current price of R$36.55 — trading 34.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.54%, which is 40% above median its 10-year median of 16.86 and 10.9% above the Business Services industry median of 21.22. Localiza Rent A Car's overall GF Score™ is 94/100 with 9 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 Localiza Rent A Car (BSP:RENT3), the current ROC (Joel Greenblatt) % is 23.54% 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 Localiza Rent A Car (BSP:RENT3) Overvalued in 2026?
Based on GuruFocus' analysis, Localiza Rent A Car stock appears to be undervalued.
The current stock price of R$36.55 is trading 34.8% below its estimated GF Value™ of R$56.09.
GuruFocus considers Localiza Rent A Car to be Possible Value Trap.
Key valuation signals for BSP:RENT3:
ROC (Joel Greenblatt) %: 23.54% (40% above median its 10-year median of 16.86)
GF Value™: R$56.09 vs. price of R$36.55 (34.8% below fair value)
Industry Position: 10.9% above the Business Services median (#600 of 1081)
No single metric tells the full story. See the BSP:RENT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its decommissioned fleet, and operates a franchise business. The company has two reportable operating segments: Car Rental and Fleet Management. Maximum revenue is generated from the Car Rental segment, which is responsible for car rentals and for stipulating insurance and managing car claims for insurance companies. This segment is also responsible for the administration and granting of franchises and the right to use the Localiza brand in geographically defined markets. Geographically, the company operates across different regions in Latin America.
94GF Score
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