Cromwell Property GroupCMWCF 49 ROC (Joel Greenblatt) % is 3,064.82% as of Dec. 2025, which is 541% above its 10-year median of 478.42. GuruFocus rates CMWCF with a GF Scoreâ„¢ of 49/100 and a GF Valueâ„¢ of $0.21. The stock has 6 warning signs investors should review. Among 588 REITs companies, Cromwell Property Group ranks better than 82.31% 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. Cromwell Property Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3,064.82%.
The historical rank and industry rank for Cromwell Property Group's ROC (Joel Greenblatt) % or its related term are showing as below:
CMWCF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -459.3 Med: 478.42 Max: 11910.45
Current: 1756.45
During the past 13 years, Cromwell Property Group's highest ROC (Joel Greenblatt) % was 11910.45%. The lowest was -459.30%. And the median was 478.42%.
CMWCF's ROC (Joel Greenblatt) % is ranked better than 82.31% of 588
companies
in the REITs industry
Industry Median: 178.7
vs CMWCF: 1756.45
Cromwell Property Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Cromwell Property Group (OTCPK:CMWCF) 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.
Cromwell Property Group ROC (Joel Greenblatt) % Related Terms
Cromwell Property Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Cromwell Property 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.
Cromwell Property Group ROC (Joel Greenblatt) % Chart
CMWCF vs BXP, ARE, VNO: ROC (Joel Greenblatt) % Comparison
For the REIT - Office subindustry, Cromwell Property 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.
Cromwell Property Group ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Cromwell Property Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cromwell Property Group's ROC (Joel Greenblatt) % falls into.
Cromwell Property Group 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:
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 two times the semi-annual (Dec. 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 3,064.82% mean?
Cromwell Property Group (CMWCF) has a ROC (Joel Greenblatt) % of 3,064.82% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Cromwell Property Group and its competitors. This is 541% above median its historical median of 478.42. According to the industry distribution chart, Cromwell Property Group ranks #104 out of 588 companies in the REITs industry, placing it in the top 17.7%.
Is Cromwell Property Group's ROC (Joel Greenblatt) % too high?
Cromwell Property Group's current ROC (Joel Greenblatt) % of 3,064.82% is 541% above median its 10-year median of 478.42. The REITs industry median ROC (Joel Greenblatt) % is 178.70. Cromwell Property Group's value of 3,064.82% is 1615.1% above this industry median. Based on the distribution chart, Cromwell Property Group ranks #104 out of 588 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Cromwell Property Group has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Cromwell Property Group's ROC (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Cromwell Property Group ranks #104 out of 588 companies for ROC (Joel Greenblatt) %. This places Cromwell Property Group in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 178.70. Cromwell Property Group's value of 3,064.82% is 1615.1% above this benchmark. While the company's 10-year median is 478.42 vs. the industry median of 178.70, Cromwell Property 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 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. Cromwell Property Group's current ROC (Joel Greenblatt) % of 3,064.82% is 1615.1% 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 Cromwell Property Group 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. Cromwell Property Group's current ROC (Joel Greenblatt) % is 3,064.82%, which is 541% above median its own 10-year median of 478.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cromwell Property Group stock overvalued right now?
Cromwell Property Group (CMWCF) has a current ROC (Joel Greenblatt) % of 3,064.82%. The stock's GF Value™ is $0.21, compared to a current price of $0.25 — trading 20.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3,064.82%, which is 541% above median its 10-year median of 478.42 and 1615.1% above the REITs industry median of 178.70. Cromwell Property Group's overall GF Score™ is 49/100 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 Cromwell Property Group (CMWCF), the current ROC (Joel Greenblatt) % is 3,064.82% as of Dec. 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 Cromwell Property Group (CMWCF) Overvalued in 2026?
Based on GuruFocus' analysis, Cromwell Property Group stock appears to be overvalued.
The current stock price of $0.25 is trading 20.2% above its estimated GF Value™ of $0.21.
Key valuation signals for CMWCF:
ROC (Joel Greenblatt) %: 3,064.82% (541% above median its 10-year median of 478.42)
GF Value™: $0.21 vs. price of $0.25 (20.2% above fair value)
Industry Position: 1615.1% above the REITs median (#104 of 588)
No single metric tells the full story. See the CMWCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management vows to operate as a capital-light investment manager with a domestic focus. As of Dec. 31, 2025, the funds platform managed third-party assets of AUD 2.8 billion across Australia and New Zealand.
49GF Score
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