Adler GroupCHIX:ADJD 31 ROC (Joel Greenblatt) % is 18.91% as of Mar. 2026, which is 96% below its 10-year median of 488.07. GuruFocus rates CHIX:ADJD with a GF Score™ of 31/100 and a GF Value™ of €0.32. The stock has 3 warning signs investors should review. Among 1,748 Real Estate companies, Adler Group ranks worse than 94.34% 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. Adler Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.91%.
The historical rank and industry rank for Adler Group's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:ADJd'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -597.16 Med: 488.07 Max: 3909.81
Current: -171.63
During the past 13 years, Adler Group's highest ROC (Joel Greenblatt) % was 3909.81%. The lowest was -597.16%. And the median was 488.07%.
CHIX:ADJd's ROC (Joel Greenblatt) % is ranked worse than 94.34% of 1748
companies
in the Real Estate industry
Industry Median: 12.585
vs CHIX:ADJd: -171.63
Adler Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Adler Group (CHIX:ADJd) 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.
Adler Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Adler Group'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.
CHIX:ADJD vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Adler Group'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.
Adler Group ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Adler Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Adler Group'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 (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 18.91% mean?
Adler Group (CHIX:ADJD) has a ROC (Joel Greenblatt) % of 18.91% 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 Adler Group and its competitors. This is 96% below median its historical median of 488.07. According to the industry distribution chart, Adler Group ranks #1649 out of 1748 companies in the Real Estate industry, placing it in the top 94.3%.
Is Adler Group's ROC (Joel Greenblatt) % too high?
Adler Group's current ROC (Joel Greenblatt) % of 18.91% is 96% below median its 10-year median of 488.07. The Real Estate industry median ROC (Joel Greenblatt) % is 12.59. Adler Group's value of 18.91% is 50.3% above this industry median. Based on the distribution chart, Adler Group ranks #1649 out of 1748 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Adler Group has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Adler Group's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Adler Group ranks #1649 out of 1748 companies for ROC (Joel Greenblatt) %. This places Adler Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.59. Adler Group's value of 18.91% is 50.3% above this benchmark. While the company's 10-year median is 488.07 vs. the industry median of 12.59, Adler Group 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.59, based on 1,748 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. Adler Group's current ROC (Joel Greenblatt) % of 18.91% is 50.3% 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 Adler Group and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adler Group's current ROC (Joel Greenblatt) % is 18.91%, which is 96% below median its own 10-year median of 488.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adler Group stock overvalued right now?
Adler Group (CHIX:ADJD) has a current ROC (Joel Greenblatt) % of 18.91%. The stock's GF Value™ is €0.32, compared to a current price of €0.17 — trading 47.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.91%, which is 96% below median its 10-year median of 488.07 and 50.3% above the Real Estate industry median of 12.59. Adler Group's overall GF Score™ is 31/100 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 Adler Group (CHIX:ADJD), the current ROC (Joel Greenblatt) % is 18.91% 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 Adler Group (CHIX:ADJD) Overvalued in 2026?
Based on GuruFocus' analysis, Adler Group stock appears to be undervalued.
The current stock price of €0.17 is trading 47.8% below its estimated GF Value™ of €0.32.
Key valuation signals for CHIX:ADJD:
ROC (Joel Greenblatt) %: 18.91% (96% below median its 10-year median of 488.07)
GF Value™: €0.32 vs. price of €0.17 (47.8% below fair value)
Industry Position: 50.3% above the Real Estate median (#1649 of 1748)
No single metric tells the full story. See the CHIX:ADJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adler Group SA is a company specialized and focused on the purchase, management, and development of income-producing multi-family residential real estate. The portfolio of the company and its subsidiaries is situated in or on the outskirts of urban areas such as Berlin. The company operates in Germany. Its segment include: Residential property management; Privatization; Adler RE; and Consus. It derives maximum revenue from Residential property management segment.
31GF Score
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