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Capital PropertiesCPTP 77 ROC (Joel Greenblatt) % is 64.91% as of Jun. 2026, which is 58% above its 10-year median of 41.16. GuruFocus rates CPTP with a GF Score™ of 77/100 and a GF Value™ of $11.99 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,751 Real Estate companies, Capital Properties ranks better than 72.59% 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. Capital Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 64.91%.
The historical rank and industry rank for Capital Properties's ROC (Joel Greenblatt) % or its related term are showing as below:
CPTP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.59 Med: 41.16 Max: 57.43
Current: 57.43
During the past 13 years, Capital Properties's highest ROC (Joel Greenblatt) % was 57.43%. The lowest was 13.59%. And the median was 41.16%.
CPTP's ROC (Joel Greenblatt) % is ranked better than 72.59% of 1751
companies
in the Real Estate industry
Industry Median: 13.53
vs CPTP: 57.43
Capital Properties's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.10% per year.
Capital Properties (OTCPK:CPTP) 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.
Capital Properties ROC (Joel Greenblatt) % Related Terms
Capital Properties ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Capital Properties'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.
CPTP vs MAYS, RFL, STHO: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Capital Properties'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.
Capital Properties ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Capital Properties's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Capital Properties's ROC (Joel Greenblatt) % falls into.
Capital Properties 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 four times the quarterly (Jun. 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 64.91% mean?
Capital Properties (CPTP) has a ROC (Joel Greenblatt) % of 64.91% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Capital Properties and its competitors. This is 58% above median its historical median of 41.16. Over the past decade, Capital Properties' ROC (Joel Greenblatt) % has ranged from 13.59 to 57.43. According to the industry distribution chart, Capital Properties ranks #480 out of 1751 companies in the Real Estate industry, placing it in the top 27.4%.
Is Capital Properties' ROC (Joel Greenblatt) % too high?
Capital Properties' current ROC (Joel Greenblatt) % of 64.91% is 58% above median its 10-year median of 41.16. Over the past 10 years, this metric has ranged from a low of 13.59 to a high of 57.43. The Real Estate industry median ROC (Joel Greenblatt) % is 13.53. Capital Properties' value of 64.91% is 379.7% above this industry median. Based on the distribution chart, Capital Properties ranks #480 out of 1751 companies in the Real Estate industry, which is above the industry midpoint. Overall, Capital Properties has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Properties' ROC (Joel Greenblatt) % compare to MAYS and RFL?
According to the Real Estate industry distribution chart, Capital Properties ranks #480 out of 1751 companies for ROC (Joel Greenblatt) %. This puts Capital Properties in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.53. Capital Properties' value of 64.91% is 379.7% above this benchmark. Historically, Capital Properties' own ROC (Joel Greenblatt) % has ranged from 13.59 to 57.43 over the past decade. While the company's 10-year median is 41.16 vs. the industry median of 13.53, Capital Properties 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 13.53, based on 1,751 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. Capital Properties's current ROC (Joel Greenblatt) % of 64.91% is 379.7% 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 Capital Properties and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Properties's current ROC (Joel Greenblatt) % is 64.91%, which is 58% above median its own 10-year median of 41.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Properties stock overvalued right now?
Based on GuruFocus' analysis, Capital Properties (CPTP) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.99, compared to a current price of $15.00 — trading 25.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 64.91%, which is 58% above median its 10-year median of 41.16 and 379.7% above the Real Estate industry median of 13.53. Capital Properties' overall GF Score™ is 77/100 with 5 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 Capital Properties (CPTP), the current ROC (Joel Greenblatt) % is 64.91% as of Jun. 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 Capital Properties (CPTP) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Properties stock appears to be overvalued.
The current stock price of $15.00 is trading 25.1% above its estimated GF Value™ of $11.99.
GuruFocus considers Capital Properties to be Modestly Overvalued.
Key valuation signals for CPTP:
ROC (Joel Greenblatt) %: 64.91% (58% above median its 10-year median of 41.16)
GF Value™: $11.99 vs. price of $15.00 (25.1% above fair value)
Industry Position: 379.7% above the Real Estate median (#480 of 1751)
No single metric tells the full story. See the CPTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Properties Inc is a real estate company. The company's business activities include the long-term leasing of certain real estate interests in downtown Providence, Rhode Island, the leasing of a portion of its building under short-term leasing arrangements, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts. The properties of the company includes historic buildings in and adjacent to the Capital Center District in Providence, Rhode Island, as well as owns several locations on which billboard faces are constructed. Its only operating segment is Leasing.
77GF Score
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