CIAneamento Do Parana-SANEPARBSP:SAPR4 +1.68%91 ROC (Joel Greenblatt) % is 679.91% as of Mar. 2026, which is 27% above its 10-year median of 535.17. GuruFocus rates BSP:SAPR4 with a GF Score™ of 91/100 and a GF Value™ of R$10.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 504 Utilities - Regulated companies, CIAneamento Do Parana-SANEPAR ranks better than 97.02% 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. CIAneamento Do Parana-SANEPAR's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 679.91%.
The historical rank and industry rank for CIAneamento Do Parana-SANEPAR's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:SAPR4'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 381.29 Med: 535.17 Max: 908.18
Current: 596.88
During the past 13 years, CIAneamento Do Parana-SANEPAR's highest ROC (Joel Greenblatt) % was 908.18%. The lowest was 381.29%. And the median was 535.17%.
BSP:SAPR4's ROC (Joel Greenblatt) % is ranked better than 97.02% of 504
companies
in the Utilities - Regulated industry
Industry Median: 10.81
vs BSP:SAPR4: 596.88
CIAneamento Do Parana-SANEPAR (BSP:SAPR4) 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.
CIAneamento Do Parana-SANEPAR ROC (Joel Greenblatt) % Chart
BSP:SAPR4 vs AWK, WTRG, AWR: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Water subindustry, CIAneamento Do Parana-SANEPAR'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.
CIAneamento Do Parana-SANEPAR ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CIAneamento Do Parana-SANEPAR's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CIAneamento Do Parana-SANEPAR's ROC (Joel Greenblatt) % falls into.
CIAneamento Do Parana-SANEPAR 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 679.91% mean?
CIAneamento Do Parana-SANEPAR (BSP:SAPR4) has a ROC (Joel Greenblatt) % of 679.91% 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 CIAneamento Do Parana-SANEPAR and its competitors. This is 27% above median its historical median of 535.17. Over the past decade, CIAneamento Do Parana-SANEPAR's ROC (Joel Greenblatt) % has ranged from 381.29 to 908.18. According to the industry distribution chart, CIAneamento Do Parana-SANEPAR ranks #15 out of 504 companies in the Utilities - Regulated industry, placing it in the top 3%.
Is CIAneamento Do Parana-SANEPAR's ROC (Joel Greenblatt) % too high?
CIAneamento Do Parana-SANEPAR's current ROC (Joel Greenblatt) % of 679.91% is 27% above median its 10-year median of 535.17. Over the past 10 years, this metric has ranged from a low of 381.29 to a high of 908.18. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.81. CIAneamento Do Parana-SANEPAR's value of 679.91% is 6189.6% above this industry median. Based on the distribution chart, CIAneamento Do Parana-SANEPAR ranks #15 out of 504 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CIAneamento Do Parana-SANEPAR has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CIAneamento Do Parana-SANEPAR's ROC (Joel Greenblatt) % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, CIAneamento Do Parana-SANEPAR ranks #15 out of 504 companies for ROC (Joel Greenblatt) %. This places CIAneamento Do Parana-SANEPAR in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.81. CIAneamento Do Parana-SANEPAR's value of 679.91% is 6189.6% above this benchmark. Historically, CIAneamento Do Parana-SANEPAR's own ROC (Joel Greenblatt) % has ranged from 381.29 to 908.18 over the past decade. While the company's 10-year median is 535.17 vs. the industry median of 10.81, CIAneamento Do Parana-SANEPAR 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 Utilities - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.81, based on 504 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. CIAneamento Do Parana-SANEPAR's current ROC (Joel Greenblatt) % of 679.91% is 6189.6% 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 CIAneamento Do Parana-SANEPAR and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIAneamento Do Parana-SANEPAR's current ROC (Joel Greenblatt) % is 679.91%, which is 27% above median its own 10-year median of 535.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIAneamento Do Parana-SANEPAR stock overvalued right now?
Based on GuruFocus' analysis, CIAneamento Do Parana-SANEPAR (BSP:SAPR4) is currently considered Possible Value Trap. The stock's GF Value™ is R$10.97, compared to a current price of R$7.27 — trading 33.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 679.91%, which is 27% above median its 10-year median of 535.17 and 6189.6% above the Utilities - Regulated industry median of 10.81. CIAneamento Do Parana-SANEPAR's overall GF Score™ is 91/100 with 5 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 CIAneamento Do Parana-SANEPAR (BSP:SAPR4), the current ROC (Joel Greenblatt) % is 679.91% 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 CIAneamento Do Parana-SANEPAR (BSP:SAPR4) Overvalued in 2026?
Based on GuruFocus' analysis, CIAneamento Do Parana-SANEPAR stock appears to be undervalued.
The current stock price of R$7.27 is trading 33.7% below its estimated GF Value™ of R$10.97.
GuruFocus considers CIAneamento Do Parana-SANEPAR to be Possible Value Trap.
Key valuation signals for BSP:SAPR4:
ROC (Joel Greenblatt) %: 679.91% (27% above median its 10-year median of 535.17)
GF Value™: R$10.97 vs. price of R$7.27 (33.7% below fair value)
Industry Position: 6189.6% above the Utilities - Regulated median (#15 of 504)
No single metric tells the full story. See the BSP:SAPR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIAneamento Do Parana-SANEPAR Business Description
CIA Saneamento Do Parana-SANEPAR provides treated water supply sewage collection & treatment, and Solid waste management services. The company provides sanitation services to cities, smaller areas, and municipalities. The firm operates in two business segments: Water treatment & distribution and Sanitary Sewage collection & treatment. It has a network for the withdrawal & distribution of drinking water, sewage collection, and the discharge of treated sewage. The firm operates landfills in Apucarana, Cornello, Procopio, and Cianorte for solid waste management. The majority of revenue get derived from the Water distribution and treatment segment.
91GF Score
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