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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. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -10.85%.
BUD:MULTIHOME's ROC (Joel Greenblatt) % is ranked worse than 69.41% of 1752
companies
in the Real Estate industry
Industry Median: 13.105
vs BUD:MULTIHOME: 3.08
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.
* 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.
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ROC (Joel Greenblatt) % vs Real Estate Industry
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 -10.85% mean?
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME) has a ROC (Joel Greenblatt) % of -10.85% 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 Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag and its competitors. Over the past decade, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % has ranged from 2.69 to 18.31. According to the industry distribution chart, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks #1216 out of 1752 companies in the Real Estate industry, placing it in the top 69.4%.
Is Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % too high?
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's current ROC (Joel Greenblatt) % is -10.85%. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 18.31. Based on the distribution chart, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks #1216 out of 1752 companies in the Real Estate industry, which is below the industry midpoint. Overall, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks #1216 out of 1752 companies for ROC (Joel Greenblatt) %. This places Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.11. Historically, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's own ROC (Joel Greenblatt) % has ranged from 2.69 to 18.31 over the past decade. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.11, based on 1,752 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. 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 Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's current ROC (Joel Greenblatt) % is -10.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag stock overvalued right now?
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME) has a current ROC (Joel Greenblatt) % of -10.85%. The current ROC (Joel Greenblatt) % is -10.85%. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's overall GF Score™ is 17/100 with 6 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 Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME), the current ROC (Joel Greenblatt) % is -10.85% 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.
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag engages in the sale and purchase of the privately owned real estate, as well as in the real estate development organization of a related building construction project.
17GF Score
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