BSRTF (BSR Real Estate Investment Trust) ROC (Joel Greenblatt) %: 10,693.56% (As of Mar. 2026) — 252% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSRTF BSR Real Estate Investment Trust BSRTF
60 GF Score
Price $11.64
GF Value $10.31
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is BSR Real Estate Investment Trust ROC (Joel Greenblatt) %?

BSR Real Estate Investment Trust BSRTF -2.59% 60 ROC (Joel Greenblatt) % is 10,693.56% as of Mar. 2026, which is 252% above its 10-year median of 3,034.00. GuruFocus rates BSRTF with a GF Score™ of 60/100 and a GF Value™ of $10.31 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 584 REITs companies, BSR Real Estate Investment Trust ranks worse than 58.9% 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. BSR Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10,693.56%.

The historical rank and industry rank for BSR Real Estate Investment Trust's ROC (Joel Greenblatt) % or its related term are showing as below:

BSRTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -73246.25   Med: 3034   Max: 311622.45
Current: 84.98

During the past 8 years, BSR Real Estate Investment Trust's highest ROC (Joel Greenblatt) % was 311622.45%. The lowest was -73246.25%. And the median was 3034.00%.

BSRTF's ROC (Joel Greenblatt) % is ranked worse than
58.9% of 584 companies
in the REITs industry
Industry Median: 178.7 vs BSRTF: 84.98

BSR Real Estate Investment Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


BSR Real Estate Investment Trust  (OTCPK:BSRTF) 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.


BSR Real Estate Investment Trust ROC (Joel Greenblatt) % Related Terms


BSR Real Estate Investment Trust ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BSR Real Estate Investment Trust'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.

BSR Real Estate Investment Trust ROC (Joel Greenblatt) % Chart

BSR Real Estate Investment Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 311,622.45 153,058.26 -73,246.25 3,034.00 -4,157.98

BSR Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -199.75 -45.94 0.00 2,195.15 10,693.56

BSRTF vs AVB, EQR, ESS: ROC (Joel Greenblatt) % Comparison

For the REIT - Residential subindustry, BSR Real Estate Investment Trust'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.


BSR Real Estate Investment Trust ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, BSR Real Estate Investment Trust's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BSR Real Estate Investment Trust's ROC (Joel Greenblatt) % falls into.


BSRTF
60GF Score
BSR Real Estate Investment Trust BSRTF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BSR Real Estate Investment Trust 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.163 + 0 + 7.548) - (41.906 + 1.244 + 62.608)
=-98.047

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.218 + 0 + 6.906) - (20.406 + 1.259 + 55.547)
=-70.088

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BSR Real Estate Investment Trust for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=126.184/( ( (1.195 + max(-98.047, 0)) + (1.165 + max(-70.088, 0)) )/ 2 )
=126.184/( ( 1.195 + 1.165 )/ 2 )
=126.184/1.18
=10,693.56 %

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 10,693.56% mean?
BSR Real Estate Investment Trust (BSRTF) has a ROC (Joel Greenblatt) % of 10,693.56% 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 BSR Real Estate Investment Trust and its competitors. This is 252% above median its historical median of 3,034.00. According to the industry distribution chart, BSR Real Estate Investment Trust ranks #344 out of 584 companies in the REITs industry, placing it in the top 58.9%.
Is BSR Real Estate Investment Trust's ROC (Joel Greenblatt) % too high?
BSR Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 10,693.56% is 252% above median its 10-year median of 3,034.00. The REITs industry median ROC (Joel Greenblatt) % is 178.70. BSR Real Estate Investment Trust's value of 10,693.56% is 5884.1% above this industry median. Based on the distribution chart, BSR Real Estate Investment Trust ranks #344 out of 584 companies in the REITs industry, which is below the industry midpoint. Overall, BSR Real Estate Investment Trust has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BSR Real Estate Investment Trust's ROC (Joel Greenblatt) % compare to AVB and EQR?
According to the REITs industry distribution chart, BSR Real Estate Investment Trust ranks #344 out of 584 companies for ROC (Joel Greenblatt) %. This places BSR Real Estate Investment Trust in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 178.70. BSR Real Estate Investment Trust's value of 10,693.56% is 5884.1% above this benchmark. While the company's 10-year median is 3,034.00 vs. the industry median of 178.70, BSR Real Estate Investment Trust 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 178.70, based on 584 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. BSR Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 10,693.56% is 5884.1% 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 BSR Real Estate Investment Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 178.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BSR Real Estate Investment Trust's current ROC (Joel Greenblatt) % is 10,693.56%, which is 252% above median its own 10-year median of 3,034.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSR Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, BSR Real Estate Investment Trust (BSRTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.31, compared to a current price of $11.64 — trading 12.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10,693.56%, which is 252% above median its 10-year median of 3,034.00 and 5884.1% above the REITs industry median of 178.70. BSR Real Estate Investment Trust's overall GF Score™ is 60/100 with 11 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 BSR Real Estate Investment Trust (BSRTF), the current ROC (Joel Greenblatt) % is 10,693.56% 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 BSR Real Estate Investment Trust (BSRTF) Overvalued in 2026?

Based on GuruFocus' analysis, BSR Real Estate Investment Trust stock appears to be overvalued. The current stock price of $11.64 is trading 12.9% above its estimated GF Value™ of $10.31. GuruFocus considers BSR Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BSRTF:

  • ROC (Joel Greenblatt) %: 10,693.56% (252% above median its 10-year median of 3,034.00)
  • GF Value™: $10.31 vs. price of $11.64 (12.9% above fair value)
  • GF Score™: 60/100 with 11 warning signs
  • Industry Position: 5884.1% above the REITs median (#344 of 584)

No single metric tells the full story. See the BSRTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BSR Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7
BSR Real Estate Investment Trust is an open-ended real estate investment trust. The company's business of the REIT is to acquire and operate multi-family residential rental properties across the United States. It owns multifamily garden-style residential properties located across three bordering states in the Sunbelt region of the United States, which stretches across the South Atlantic and Southwest portions of the United States. The REIT currently operates in Texas, Arkansas and Oklahoma. Its key revenue is generated from the rental income.
60GF Score

Get the complete analysis for BSRTF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.64
Price
$10.31
GF Value