CDPYF ROC (Joel Greenblatt) %: -6,877.36% (As of Mar. 2026)


CDPYF Canadian Apartment Properties Real Estate Investment Trust CDPYF
73 GF Score
Price $25.28
GF Value $31.37
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Canadian Apartment Properties Real Estate Investment Trust ROC (Joel Greenblatt) %?

Canadian Apartment Properties Real Estate Investment Trust CDPYF +2.69% 73 ROC (Joel Greenblatt) % is -6,877.36% as of Mar. 2026. GuruFocus rates CDPYF with a GF Score™ of 73/100 and a GF Value™ of $31.37 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 588 REITs companies, Canadian Apartment Properties Real Estate Investment Trust ranks better than 63.27% 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. Canadian Apartment Properties Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6,877.36%.

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

CDPYF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1771.65   Med: 5671.15   Max: 9322.23
Current: 423

During the past 13 years, Canadian Apartment Properties Real Estate Investment Trust's highest ROC (Joel Greenblatt) % was 9322.23%. The lowest was -1771.65%. And the median was 5671.15%.

CDPYF's ROC (Joel Greenblatt) % is ranked better than
63.27% of 588 companies
in the REITs industry
Industry Median: 178.7 vs CDPYF: 423.00

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


Canadian Apartment Properties Real Estate Investment Trust  (OTCPK:CDPYF) 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.


Canadian Apartment Properties Real Estate Investment Trust ROC (Joel Greenblatt) % Related Terms


Canadian Apartment Properties Real Estate Investment Trust ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Canadian Apartment Properties 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.

Canadian Apartment Properties Real Estate Investment Trust ROC (Joel Greenblatt) % Chart

Canadian Apartment Properties Real Estate Investment Trust 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 9,325.50 944.76 -1,783.44 3,751.06 3,943.11

Canadian Apartment Properties 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 2,197.29 465.25 315.96 6,095.06 -6,877.36

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

For the REIT - Residential subindustry, Canadian Apartment Properties 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.


Canadian Apartment Properties Real Estate Investment Trust ROC (Joel Greenblatt) % vs REITs Industry

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

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


CDPYF
73GF Score
Canadian Apartment Properties Real Estate Investment Trust CDPYF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Apartment Properties 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)
=(12.148 + 0 + 126.304) - (104.448 + 14.057 + 141.431)
=-121.484

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.12 + 0 + 87.026) - (94.882 + 15.137 + 139.964)
=-109.837

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Canadian Apartment Properties 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 )
=-398.096/( ( (5.893 + max(-121.484, 0)) + (5.684 + max(-109.837, 0)) )/ 2 )
=-398.096/( ( 5.893 + 5.684 )/ 2 )
=-398.096/5.7885
=-6,877.36 %

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 -6,877.36% mean?
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) has a ROC (Joel Greenblatt) % of -6,877.36% 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 Canadian Apartment Properties Real Estate Investment Trust and its competitors. According to the industry distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #216 out of 588 companies in the REITs industry, placing it in the top 36.7%.
Is Canadian Apartment Properties Real Estate Investment Trust's ROC (Joel Greenblatt) % too high?
Canadian Apartment Properties Real Estate Investment Trust's current ROC (Joel Greenblatt) % is -6,877.36%. Based on the distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #216 out of 588 companies in the REITs industry, which is above the industry midpoint. Overall, Canadian Apartment Properties Real Estate Investment Trust has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Apartment Properties Real Estate Investment Trust's ROC (Joel Greenblatt) % compare to AVB and EQR?
According to the REITs industry distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #216 out of 588 companies for ROC (Joel Greenblatt) %. This puts Canadian Apartment Properties Real Estate Investment Trust in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 178.70. 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 588 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 Canadian Apartment Properties 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. Canadian Apartment Properties Real Estate Investment Trust's current ROC (Joel Greenblatt) % is -6,877.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Apartment Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Canadian Apartment Properties Real Estate Investment Trust (CDPYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.37, compared to a current price of $25.28 — trading 19.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -6,877.36%. Canadian Apartment Properties Real Estate Investment Trust's overall GF Score™ is 73/100 with 8 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 Canadian Apartment Properties Real Estate Investment Trust (CDPYF), the current ROC (Joel Greenblatt) % is -6,877.36% 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 Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Apartment Properties Real Estate Investment Trust stock appears to be undervalued. The current stock price of $25.28 is trading 19.4% below its estimated GF Value™ of $31.37. GuruFocus considers Canadian Apartment Properties Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for CDPYF:

  • ROC (Joel Greenblatt) %: -6,877.36%
  • GF Value™: $31.37 vs. price of $25.28 (19.4% below fair value)
  • GF Score™: 73/100 with 8 warning signs

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


Canadian Apartment Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 0OJ:GermanyCAR.UN:Canada
Address 11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust. It owns and manages interests in multi-unit residential rental properties, principally located in and near urban centres across Canada, and to a lesser extent, in the Netherlands. The company operates in the following reportable segments: Canada and Europe. The majority of its revenue is derived from its income-producing real estate properties located in Canada.
73GF Score

Get the complete analysis for CDPYF

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

$25.28
Price
$31.37
GF Value