Real Investor Fundo De Investimento Imobiliario (BSP:RINV11) ROC (Joel Greenblatt) %: 302.80% (As of Dec. 2025) — Near Median

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BSP:RINV11 Real Investor Fundo De Investimento Imobiliario BSP:RINV11
36 GF Score
Price R$101.00
! 1 Warning Sign
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What is Real Investor Fundo De Investimento Imobiliario ROC (Joel Greenblatt) %?

Real Investor Fundo De Investimento Imobiliario BSP:RINV11 -0.25% 36 ROC (Joel Greenblatt) % is 302.80% as of Dec. 2025, which is at its 10-year median of 302.80. GuruFocus rates BSP:RINV11 with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 628 Asset Management companies, Real Investor Fundo De Investimento Imobiliario ranks better than 68.31% 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. Real Investor Fundo De Investimento Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 302.80%.

The historical rank and industry rank for Real Investor Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % or its related term are showing as below:

BSP:RINV11' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -151.24   Med: 302.8   Max: 388.61
Current: 302.8

During the past 4 years, Real Investor Fundo De Investimento Imobiliario's highest ROC (Joel Greenblatt) % was 388.61%. The lowest was -151.24%. And the median was 302.80%.

BSP:RINV11's ROC (Joel Greenblatt) % is ranked better than
68.31% of 628 companies
in the Asset Management industry
Industry Median: 62.9 vs BSP:RINV11: 302.80

Real Investor Fundo De Investimento Imobiliario's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Real Investor Fundo De Investimento Imobiliario  (BSP:RINV11) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Real Investor Fundo De Investimento Imobiliario ROC (Joel Greenblatt) % Related Terms


Real Investor Fundo De Investimento Imobiliario ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Real Investor Fundo De Investimento Imobiliario'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.

Real Investor Fundo De Investimento Imobiliario ROC (Joel Greenblatt) % Chart

Real Investor Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
0.00 388.61 -151.24 302.80

Real Investor Fundo De Investimento Imobiliario Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % 0.00 388.61 -151.24 302.80

BSP:RINV11 vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Real Investor 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.


Real Investor Fundo De Investimento Imobiliario ROC (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Investor Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Real Investor Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % falls into.


BSP:RINV11
36GF Score
Real Investor Fundo De Investimento Imobiliario BSP:RINV11
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Investor 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 24.448) - (5.363 + 0 + 0)
=19.085

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 46.036) - (11.683 + 0 + 0)
=34.353

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Real Investor Fundo De Investimento Imobiliario for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=80.905/( ( (0 + max(19.085, 0)) + (0 + max(34.353, 0)) )/ 2 )
=80.905/( ( 19.085 + 34.353 )/ 2 )
=80.905/26.719
=302.80 %

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 302.80% mean?
Real Investor Fundo De Investimento Imobiliario (BSP:RINV11) has a ROC (Joel Greenblatt) % of 302.80% 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 Real Investor Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 302.80. According to the industry distribution chart, Real Investor Fundo De Investimento Imobiliario ranks #199 out of 628 companies in the Asset Management industry, placing it in the top 31.7%.
Is Real Investor Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % too high?
Real Investor Fundo De Investimento Imobiliario's current ROC (Joel Greenblatt) % of 302.80% is near median its 10-year median of 302.80. The Asset Management industry median ROC (Joel Greenblatt) % is 62.90. Real Investor Fundo De Investimento Imobiliario's value of 302.80% is 381.4% above this industry median. Based on the distribution chart, Real Investor Fundo De Investimento Imobiliario ranks #199 out of 628 companies in the Asset Management industry, which is above the industry midpoint. Overall, Real Investor Fundo De Investimento Imobiliario has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Real Investor Fundo De Investimento Imobiliario's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Real Investor Fundo De Investimento Imobiliario ranks #199 out of 628 companies for ROC (Joel Greenblatt) %. This puts Real Investor Fundo De Investimento Imobiliario in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 62.90. Real Investor Fundo De Investimento Imobiliario's value of 302.80% is 381.4% above this benchmark. While the company's 10-year median is 302.80 vs. the industry median of 62.90, Real Investor 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 62.90, based on 628 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. Real Investor Fundo De Investimento Imobiliario's current ROC (Joel Greenblatt) % of 302.80% is 381.4% 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 Real Investor Fundo De Investimento Imobiliario and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Investor Fundo De Investimento Imobiliario's current ROC (Joel Greenblatt) % is 302.80%, which is near median its own 10-year median of 302.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Investor Fundo De Investimento Imobiliario stock overvalued right now?
Real Investor Fundo De Investimento Imobiliario (BSP:RINV11) has a current ROC (Joel Greenblatt) % of 302.80%. The current ROC (Joel Greenblatt) % is 302.80%, which is near median its 10-year median of 302.80 and 381.4% above the Asset Management industry median of 62.90. Real Investor Fundo De Investimento Imobiliario's overall GF Score™ is 36/100 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 Real Investor Fundo De Investimento Imobiliario (BSP:RINV11), the current ROC (Joel Greenblatt) % is 302.80% 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.

Real Investor Fundo De Investimento Imobiliario Business Description

Address Av. Ayrton Senna da Silva, 600, Ed. Tower of Siena, 21st Floor, Gleba Palhano, Londrina, PR, BRA
Real Investor Fundo De Investimento Imobiliario is an asset management company. Its funds include Investment Funds; Real Estate Funds and Pension Funds.
36GF 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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