Americold Realty TrustCOLD +2.70%64 ROC (Joel Greenblatt) % is 1.49% as of Mar. 2026, which is 30% below its 10-year median of 2.12. GuruFocus rates COLD with a GF Score™ of 64/100 and a GF Value™ of $21.76 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 587 REITs companies, Americold Realty Trust ranks worse than 87.9% 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. Americold Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.49%.
The historical rank and industry rank for Americold Realty Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
COLD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.45 Med: 2.12 Max: 7.32
Current: 0.2
During the past 13 years, Americold Realty Trust's highest ROC (Joel Greenblatt) % was 7.32%. The lowest was -3.45%. And the median was 2.12%.
COLD's ROC (Joel Greenblatt) % is ranked worse than 87.9% of 587
companies
in the REITs industry
Industry Median: 174.41
vs COLD: 0.20
Americold Realty Trust'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.
Americold Realty Trust ROC (Joel Greenblatt) % Related Terms
Americold Realty Trust ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Americold Realty 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.
COLD vs NSA, LXP, TRNO: ROC (Joel Greenblatt) % Comparison
For the REIT - Industrial subindustry, Americold Realty 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.
Americold Realty Trust ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Americold Realty Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Americold Realty Trust'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 1.49% mean?
Americold Realty Trust (COLD) has a ROC (Joel Greenblatt) % of 1.49% 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 Americold Realty Trust and its competitors. This is 30% below median its historical median of 2.12. According to the industry distribution chart, Americold Realty Trust ranks #516 out of 587 companies in the REITs industry, placing it in the top 87.9%.
Is Americold Realty Trust's ROC (Joel Greenblatt) % too high?
Americold Realty Trust's current ROC (Joel Greenblatt) % of 1.49% is 30% below median its 10-year median of 2.12. The REITs industry median ROC (Joel Greenblatt) % is 174.41. Americold Realty Trust's value of 1.49% is 99.1% below this industry median. Based on the distribution chart, Americold Realty Trust ranks #516 out of 587 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Americold Realty Trust has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Americold Realty Trust's ROC (Joel Greenblatt) % compare to NSA and LXP?
According to the REITs industry distribution chart, Americold Realty Trust ranks #516 out of 587 companies for ROC (Joel Greenblatt) %. This places Americold Realty Trust in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 174.41. Americold Realty Trust's value of 1.49% is 99.1% below this benchmark. While the company's 10-year median is 2.12 vs. the industry median of 174.41, Americold Realty Trust has consistently been below 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 174.41, based on 587 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. Americold Realty Trust's current ROC (Joel Greenblatt) % of 1.49% is 99.1% below 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 Americold Realty Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 174.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Americold Realty Trust's current ROC (Joel Greenblatt) % is 1.49%, which is 30% below median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americold Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Americold Realty Trust (COLD) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.76, compared to a current price of $16.15 — trading 25.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1.49%, which is 30% below median its 10-year median of 2.12 and 99.1% below the REITs industry median of 174.41. Americold Realty Trust's overall GF Score™ is 64/100 with 12 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 Americold Realty Trust (COLD), the current ROC (Joel Greenblatt) % is 1.49% 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 Americold Realty Trust (COLD) Overvalued in 2026?
Based on GuruFocus' analysis, Americold Realty Trust stock appears to be undervalued.
The current stock price of $16.15 is trading 25.8% below its estimated GF Value™ of $21.76.
GuruFocus considers Americold Realty Trust to be Modestly Undervalued.
Key valuation signals for COLD:
ROC (Joel Greenblatt) %: 1.49% (30% below median its 10-year median of 2.12)
GF Value™: $21.76 vs. price of $16.15 (25.8% below fair value)
Industry Position: 99.1% below the REITs median (#516 of 587)
No single metric tells the full story. See the COLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 231 temperature-controlled warehouses, spanning 1.4 billion cubic feet. In 2022, the firm derived more than 80% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.
64GF Score
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