CDA (Compagnie des Alpes) (CHIX:CDAP) ROC (Joel Greenblatt) %: 20.54% (As of Mar. 2026) — 122% Above Median


CHIX:CDAP CDA (Compagnie des Alpes) CHIX:CDAP
83 GF Score
Price €22.05
GF Value €20.35
Valuation Fairly Valued
! 2 Warning Signs
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What is CDA (Compagnie des Alpes) ROC (Joel Greenblatt) %?

CDA (Compagnie des Alpes) CHIX:CDAP 83 ROC (Joel Greenblatt) % is 20.54% as of Mar. 2026, which is 122% above its 10-year median of 9.24. GuruFocus rates CHIX:CDAP with a GF Score™ of 83/100 and a GF Value™ of €20.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 846 Travel & Leisure companies, CDA (Compagnie des Alpes) ranks worse than 51.06% 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. CDA (Compagnie des Alpes)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.54%.

The historical rank and industry rank for CDA (Compagnie des Alpes)'s ROC (Joel Greenblatt) % or its related term are showing as below:

CHIX:CDAp' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.21   Med: 9.24   Max: 12.38
Current: 9.73

During the past 13 years, CDA (Compagnie des Alpes)'s highest ROC (Joel Greenblatt) % was 12.38%. The lowest was -10.21%. And the median was 9.24%.

CHIX:CDAp's ROC (Joel Greenblatt) % is ranked worse than
51.06% of 846 companies
in the Travel & Leisure industry
Industry Median: 10.02 vs CHIX:CDAp: 9.73

CDA (Compagnie des Alpes)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


CDA (Compagnie des Alpes)  (CHIX:CDAp) 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.


CDA (Compagnie des Alpes) ROC (Joel Greenblatt) % Related Terms


CDA (Compagnie des Alpes) ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CDA (Compagnie des Alpes)'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.

CDA (Compagnie des Alpes) ROC (Joel Greenblatt) % Chart

CDA (Compagnie des Alpes) Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.21 12.38 9.12 8.74 9.61

CDA (Compagnie des Alpes) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 21.72 -2.76 20.37 -1.24 20.54

CHIX:CDAP vs AS, HAS, LTH: ROC (Joel Greenblatt) % Comparison

For the Leisure subindustry, CDA (Compagnie des Alpes)'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.


CDA (Compagnie des Alpes) ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CDA (Compagnie des Alpes)'s ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where CDA (Compagnie des Alpes)'s ROC (Joel Greenblatt) % falls into.


CHIX:CDAP
83GF Score
CDA (Compagnie des Alpes) CHIX:CDAP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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CDA (Compagnie des Alpes) 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.602 + 33.546 + 193.859) - (236.257 + 0 + 250.375)
=-225.625

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(69.168 + 37.142 + 203.243) - (376.371 + 0 + 283.831)
=-350.649

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CDA (Compagnie des Alpes) 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=436.316/( ( (2064.093 + max(-225.625, 0)) + (2183.764 + max(-350.649, 0)) )/ 2 )
=436.316/( ( 2064.093 + 2183.764 )/ 2 )
=436.316/2123.9285
=20.54 %

Note: The EBIT data used here is two times the semi-annual (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 20.54% mean?
CDA (Compagnie des Alpes) (CHIX:CDAP) has a ROC (Joel Greenblatt) % of 20.54% 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 CDA (Compagnie des Alpes) and its competitors. This is 122% above median its historical median of 9.24. According to the industry distribution chart, CDA (Compagnie des Alpes) ranks #432 out of 846 companies in the Travel & Leisure industry, placing it in the top 51.1%.
Is CDA (Compagnie des Alpes)'s ROC (Joel Greenblatt) % too high?
CDA (Compagnie des Alpes)'s current ROC (Joel Greenblatt) % of 20.54% is 122% above median its 10-year median of 9.24. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.02. CDA (Compagnie des Alpes)'s value of 20.54% is 105% above this industry median. Based on the distribution chart, CDA (Compagnie des Alpes) ranks #432 out of 846 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, CDA (Compagnie des Alpes) has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CDA (Compagnie des Alpes)'s ROC (Joel Greenblatt) % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, CDA (Compagnie des Alpes) ranks #432 out of 846 companies for ROC (Joel Greenblatt) %. This places CDA (Compagnie des Alpes) in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.02. CDA (Compagnie des Alpes)'s value of 20.54% is 105% above this benchmark. While the company's 10-year median is 9.24 vs. the industry median of 10.02, CDA (Compagnie des Alpes) 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.02, based on 846 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. CDA (Compagnie des Alpes)'s current ROC (Joel Greenblatt) % of 20.54% is 105% 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 CDA (Compagnie des Alpes) and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDA (Compagnie des Alpes)'s current ROC (Joel Greenblatt) % is 20.54%, which is 122% above median its own 10-year median of 9.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDA (Compagnie des Alpes) stock overvalued right now?
Based on GuruFocus' analysis, CDA (Compagnie des Alpes) (CHIX:CDAP) is currently considered Fairly Valued. The stock's GF Value™ is €20.35, compared to a current price of €22.05 — trading 8.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.54%, which is 122% above median its 10-year median of 9.24 and 105% above the Travel & Leisure industry median of 10.02. CDA (Compagnie des Alpes)'s overall GF Score™ is 83/100 with 2 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 CDA (Compagnie des Alpes) (CHIX:CDAP), the current ROC (Joel Greenblatt) % is 20.54% 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 CDA (Compagnie des Alpes) (CHIX:CDAP) Overvalued in 2026?

Based on GuruFocus' analysis, CDA (Compagnie des Alpes) stock appears to be overvalued. The current stock price of €22.05 is trading 8.4% above its estimated GF Value™ of €20.35. GuruFocus considers CDA (Compagnie des Alpes) to be Fairly Valued.

Key valuation signals for CHIX:CDAP:

  • ROC (Joel Greenblatt) %: 20.54% (122% above median its 10-year median of 9.24)
  • GF Value™: €20.35 vs. price of €22.05 (8.4% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 105% above the Travel & Leisure median (#432 of 846)

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


CDA (Compagnie des Alpes) Business Description

Address 50-52 Boulevard Haussmann, Paris, FRA, 75009
CDA (Compagnie des Alpes) is a France-based holding company. The group's main business activity is the operation of entertainment facilities. Its primary operating segments are ski areas, which include the operation of ski lifts and maintenance of ski runs and trails; leisure parks, which cover the operation of theme parks, combined amusement and animal parks, water parks, wax museums, and tourist sites; and Holding & support segment.
83GF Score

Get the complete analysis for CHIX:CDAP

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

€22.05
Price
€20.35
GF Value