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Budapest Ingatlan NyrtBUD:BIF -1.42%80 ROC (Joel Greenblatt) % is 556.76% as of Dec. 2025, which is 13% below its 10-year median of 640.10. GuruFocus rates BUD:BIF with a GF Score™ of 80/100 and a GF Value™ of Ft579.48 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 580 REITs companies, Budapest Ingatlan Nyrt ranks better than 62.24% 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. Budapest Ingatlan Nyrt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 556.76%.
The historical rank and industry rank for Budapest Ingatlan Nyrt's ROC (Joel Greenblatt) % or its related term are showing as below:
BUD:BIF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 78.4 Med: 640.1 Max: 1936.4
Current: 389.94
During the past 13 years, Budapest Ingatlan Nyrt's highest ROC (Joel Greenblatt) % was 1936.40%. The lowest was 78.40%. And the median was 640.10%.
BUD:BIF's ROC (Joel Greenblatt) % is ranked better than 62.24% of 580
companies
in the REITs industry
Industry Median: 178.7
vs BUD:BIF: 389.94
Budapest Ingatlan Nyrt's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.00% per year.
Budapest Ingatlan Nyrt (BUD:BIF) 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.
Budapest Ingatlan Nyrt ROC (Joel Greenblatt) % Related Terms
Budapest Ingatlan Nyrt ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Budapest Ingatlan Nyrt'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.
Budapest Ingatlan Nyrt ROC (Joel Greenblatt) % Chart
BUD:BIF vs VICI, WPC, BNL: ROC (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Budapest Ingatlan Nyrt'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.
Budapest Ingatlan Nyrt ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Budapest Ingatlan Nyrt's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Budapest Ingatlan Nyrt's ROC (Joel Greenblatt) % falls into.
Budapest Ingatlan Nyrt 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 two times the semi-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 556.76% mean?
Budapest Ingatlan Nyrt (BUD:BIF) has a ROC (Joel Greenblatt) % of 556.76% 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 Budapest Ingatlan Nyrt and its competitors. This is 13% below median its historical median of 640.10. Over the past decade, Budapest Ingatlan Nyrt's ROC (Joel Greenblatt) % has ranged from 78.40 to 1,936.40. According to the industry distribution chart, Budapest Ingatlan Nyrt ranks #219 out of 580 companies in the REITs industry, placing it in the top 37.8%.
Is Budapest Ingatlan Nyrt's ROC (Joel Greenblatt) % too high?
Budapest Ingatlan Nyrt's current ROC (Joel Greenblatt) % of 556.76% is 13% below median its 10-year median of 640.10. Over the past 10 years, this metric has ranged from a low of 78.40 to a high of 1,936.40. The REITs industry median ROC (Joel Greenblatt) % is 178.70. Budapest Ingatlan Nyrt's value of 556.76% is 211.6% above this industry median. Based on the distribution chart, Budapest Ingatlan Nyrt ranks #219 out of 580 companies in the REITs industry, which is above the industry midpoint. Overall, Budapest Ingatlan Nyrt has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budapest Ingatlan Nyrt's ROC (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Budapest Ingatlan Nyrt ranks #219 out of 580 companies for ROC (Joel Greenblatt) %. This puts Budapest Ingatlan Nyrt in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 178.70. Budapest Ingatlan Nyrt's value of 556.76% is 211.6% above this benchmark. Historically, Budapest Ingatlan Nyrt's own ROC (Joel Greenblatt) % has ranged from 78.40 to 1,936.40 over the past decade. While the company's 10-year median is 640.10 vs. the industry median of 178.70, Budapest Ingatlan Nyrt 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 580 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. Budapest Ingatlan Nyrt's current ROC (Joel Greenblatt) % of 556.76% is 211.6% 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 Budapest Ingatlan Nyrt 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. Budapest Ingatlan Nyrt's current ROC (Joel Greenblatt) % is 556.76%, which is 13% below median its own 10-year median of 640.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budapest Ingatlan Nyrt stock overvalued right now?
Based on GuruFocus' analysis, Budapest Ingatlan Nyrt (BUD:BIF) is currently considered Significantly Undervalued. The stock's GF Value™ is Ft579.48, compared to a current price of Ft278.00 — trading 52% below its estimated fair value. The current ROC (Joel Greenblatt) % is 556.76%, which is 13% below median its 10-year median of 640.10 and 211.6% above the REITs industry median of 178.70. Budapest Ingatlan Nyrt's overall GF Score™ is 80/100 with 3 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 Budapest Ingatlan Nyrt (BUD:BIF), the current ROC (Joel Greenblatt) % is 556.76% 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 Budapest Ingatlan Nyrt (BUD:BIF) Overvalued in 2026?
Based on GuruFocus' analysis, Budapest Ingatlan Nyrt stock appears to be undervalued.
The current stock price of Ft278.00 is trading 52% below its estimated GF Value™ of Ft579.48.
GuruFocus considers Budapest Ingatlan Nyrt to be Significantly Undervalued.
Key valuation signals for BUD:BIF:
ROC (Joel Greenblatt) %: 556.76% (13% below median its 10-year median of 640.10)
GF Value™: Ft579.48 vs. price of Ft278.00 (52% below fair value)
Industry Position: 211.6% above the REITs median (#219 of 580)
No single metric tells the full story. See the BUD:BIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Budapest Ingatlan Nyrt operates as a real estate investment trust. The company focuses on developing, managing, and operating a diversified real estate portfolio consisting of office buildings, parking garages, construction lots, residential properties, building plots, and hotels. The company's operating business segments are Income-generating investment properties and the Harsanylejto project. A majority of its revenue is generated from the Income-generating investment properties segment, which relates to investment properties owned, leased, and rented out by the company and its subsidiaries. All of the company's occupied income-generating properties are located in Budapest, Hungary.
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