Sociedad Comercial del Plata (BUE:COME) ROC (Joel Greenblatt) %: 18.67% (As of Mar. 2026) — 24% Above Median

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BUE:COME Sociedad Comercial del Plata SA BUE:COME
69 GF Score
Price ARS43.84
GF Value ARS62.13
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Sociedad Comercial del Plata ROC (Joel Greenblatt) %?

Sociedad Comercial del Plata BUE:COME -1.39% 69 ROC (Joel Greenblatt) % is 18.67% as of Mar. 2026, which is 24% above its 10-year median of 15.02. GuruFocus rates BUE:COME with a GF Score™ of 69/100 and a GF Value™ of ARS62.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 563 Conglomerates companies, Sociedad Comercial del Plata ranks worse than 85.61% 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. Sociedad Comercial del Plata's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.67%.

The historical rank and industry rank for Sociedad Comercial del Plata's ROC (Joel Greenblatt) % or its related term are showing as below:

BUE:COME' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.96   Med: 15.02   Max: 38.94
Current: -9.08

During the past 13 years, Sociedad Comercial del Plata's highest ROC (Joel Greenblatt) % was 38.94%. The lowest was -24.96%. And the median was 15.02%.

BUE:COME's ROC (Joel Greenblatt) % is ranked worse than
85.61% of 563 companies
in the Conglomerates industry
Industry Median: 14.68 vs BUE:COME: -9.08

Sociedad Comercial del Plata's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Sociedad Comercial del Plata  (BUE:COME) 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.


Sociedad Comercial del Plata ROC (Joel Greenblatt) % Related Terms


Sociedad Comercial del Plata ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sociedad Comercial del Plata'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.

Sociedad Comercial del Plata ROC (Joel Greenblatt) % Chart

Sociedad Comercial del Plata Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.97 37.47 -20.15 16.35 -13.08

Sociedad Comercial del Plata 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 -2.10 -25.59 -12.32 -20.93 18.67

BUE:COME vs HON, MMM: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Sociedad Comercial del Plata'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.


Sociedad Comercial del Plata ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sociedad Comercial del Plata's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sociedad Comercial del Plata's ROC (Joel Greenblatt) % falls into.


BUE:COME
69GF Score
Sociedad Comercial del Plata SA BUE:COME
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sociedad Comercial del Plata 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)
=(45913.479 + 64470.303 + 25963.997) - (81680.914 + 0 + 12977.484)
=41689.381

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54940.259 + 68525.067 + 24398.192) - (79184.143 + 0 + 14971.044)
=53708.331

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sociedad Comercial del Plata 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 )
=86777.484/( ( (399770.537 + max(41689.381, 0)) + (434270.19 + max(53708.331, 0)) )/ 2 )
=86777.484/( ( 441459.918 + 487978.521 )/ 2 )
=86777.484/464719.2195
=18.67 %

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 18.67% mean?
Sociedad Comercial del Plata (BUE:COME) has a ROC (Joel Greenblatt) % of 18.67% 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 Sociedad Comercial del Plata and its competitors. This is 24% above median its historical median of 15.02. According to the industry distribution chart, Sociedad Comercial del Plata ranks #482 out of 563 companies in the Conglomerates industry, placing it in the top 85.6%.
Is Sociedad Comercial del Plata's ROC (Joel Greenblatt) % too high?
Sociedad Comercial del Plata's current ROC (Joel Greenblatt) % of 18.67% is 24% above median its 10-year median of 15.02. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Sociedad Comercial del Plata's value of 18.67% is 27.2% above this industry median. Based on the distribution chart, Sociedad Comercial del Plata ranks #482 out of 563 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Sociedad Comercial del Plata has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sociedad Comercial del Plata's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Sociedad Comercial del Plata ranks #482 out of 563 companies for ROC (Joel Greenblatt) %. This places Sociedad Comercial del Plata in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Sociedad Comercial del Plata's value of 18.67% is 27.2% above this benchmark. While the company's 10-year median is 15.02 vs. the industry median of 14.68, Sociedad Comercial del Plata 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 563 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. Sociedad Comercial del Plata's current ROC (Joel Greenblatt) % of 18.67% is 27.2% 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 Sociedad Comercial del Plata and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sociedad Comercial del Plata's current ROC (Joel Greenblatt) % is 18.67%, which is 24% above median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Comercial del Plata stock overvalued right now?
Based on GuruFocus' analysis, Sociedad Comercial del Plata (BUE:COME) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS62.13, compared to a current price of ARS43.84 — trading 29.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.67%, which is 24% above median its 10-year median of 15.02 and 27.2% above the Conglomerates industry median of 14.68. Sociedad Comercial del Plata's overall GF Score™ is 69/100 with 4 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 Sociedad Comercial del Plata (BUE:COME), the current ROC (Joel Greenblatt) % is 18.67% 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 Sociedad Comercial del Plata (BUE:COME) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Comercial del Plata stock appears to be undervalued. The current stock price of ARS43.84 is trading 29.4% below its estimated GF Value™ of ARS62.13. GuruFocus considers Sociedad Comercial del Plata to be Modestly Undervalued.

Key valuation signals for BUE:COME:

  • ROC (Joel Greenblatt) %: 18.67% (24% above median its 10-year median of 15.02)
  • GF Value™: ARS62.13 vs. price of ARS43.84 (29.4% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 27.2% above the Conglomerates median (#482 of 563)

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


Sociedad Comercial del Plata Business Description

Address 1st Floor, Tower B, Thames Office Park, Pan American Collector, Buenos Aires, ARG, B1607EEV
Sociedad Comercial del Plata SA is an investment holding company. It invests in companies engaged in construction, agribusiness, entertainment, energy, transportation and infrastructure and real estate sectors.
69GF Score

Get the complete analysis for BUE:COME

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

ARS43.84
Price
ARS62.13
GF Value