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. FIBRA Terrafina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 864.05%.
The historical rank and industry rank for FIBRA Terrafina's ROC (Joel Greenblatt) % or its related term are showing as below:
CBAOF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 470.49 Med: 728.15 Max: 3124.11
Current: 3124.11
During the past 12 years, FIBRA Terrafina's highest ROC (Joel Greenblatt) % was 3124.11%. The lowest was 470.49%. And the median was 728.15%.
CBAOF's ROC (Joel Greenblatt) % is not ranked
in the REITs industry.
Industry Median: 176.06
vs CBAOF: 3124.11
FIBRA Terrafina's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
FIBRA Terrafina ROC (Joel Greenblatt) % Related Terms
FIBRA Terrafina ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for FIBRA Terrafina'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.
CBAOF vs PLD, PSA, EXR: ROC (Joel Greenblatt) % Comparison
For the REIT - Industrial subindustry, FIBRA Terrafina'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.
FIBRA Terrafina ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, FIBRA Terrafina's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where FIBRA Terrafina's ROC (Joel Greenblatt) % falls into.
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 (Sep. 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 864.05% mean?
FIBRA Terrafina (CBAOF) has a ROC (Joel Greenblatt) % of 864.05% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on FIBRA Terrafina and its competitors. This is 19% above median its historical median of 728.15. Over the past decade, FIBRA Terrafina's ROC (Joel Greenblatt) % has ranged from 470.49 to 3,124.11.
Is FIBRA Terrafina's ROC (Joel Greenblatt) % too high?
FIBRA Terrafina's current ROC (Joel Greenblatt) % of 864.05% is 19% above median its 10-year median of 728.15. Over the past 10 years, this metric has ranged from a low of 470.49 to a high of 3,124.11. The REITs industry median ROC (Joel Greenblatt) % is 176.06. FIBRA Terrafina's value of 864.05% is 390.8% above this industry median. Overall, FIBRA Terrafina has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does FIBRA Terrafina's ROC (Joel Greenblatt) % compare to PLD and PSA?
FIBRA Terrafina's ROC (Joel Greenblatt) % of 864.05% can be compared against companies in the REITs industry. The industry median ROC (Joel Greenblatt) % is 176.06. FIBRA Terrafina's value of 864.05% is 390.8% above this benchmark. Historically, FIBRA Terrafina's own ROC (Joel Greenblatt) % has ranged from 470.49 to 3,124.11 over the past decade. While the company's 10-year median is 728.15 vs. the industry median of 176.06, FIBRA Terrafina 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 176.06, based on 590 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. FIBRA Terrafina's current ROC (Joel Greenblatt) % of 864.05% is 390.8% 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 FIBRA Terrafina and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 176.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIBRA Terrafina's current ROC (Joel Greenblatt) % is 864.05%, which is 19% above median its own 10-year median of 728.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIBRA Terrafina stock overvalued right now?
FIBRA Terrafina (CBAOF) has a current ROC (Joel Greenblatt) % of 864.05%. The stock's GF Value™ is $2.14, compared to a current price of $1.94 — trading 9.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 864.05%, which is 19% above median its 10-year median of 728.15 and 390.8% above the REITs industry median of 176.06. FIBRA Terrafina's overall GF Score™ is 74/100 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 FIBRA Terrafina (CBAOF), the current ROC (Joel Greenblatt) % is 864.05% as of Sep. 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 FIBRA Terrafina (CBAOF) Overvalued in 2026?
Based on GuruFocus' analysis, FIBRA Terrafina stock appears to be undervalued.
The current stock price of $1.94 is trading 9.3% below its estimated GF Value™ of $2.14.
Key valuation signals for CBAOF:
ROC (Joel Greenblatt) %: 864.05% (19% above median its 10-year median of 728.15)
GF Value™: $2.14 vs. price of $1.94 (9.3% below fair value)
No single metric tells the full story. See the CBAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FIBRA Terrafina is a real estate investment trust that acquires, owns, and develops industrial properties throughout Mexico. The company's properties consist of light manufacturing buildings as well as attractive distribution centers, optimally located. The properties that make up portfolio consist of 300 real estate properties, including 289 developed industrial properties and are located throughout 32 cities in 16 states.
74GF Score
Get the complete analysis for CBAOF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CBAOF has been successfully added to your 
