Eurocommercial Properties NVECMPF 74 ROC (Joel Greenblatt) % is 3,607.30% as of Mar. 2026, which is 18% below its 10-year median of 4,404.72. GuruFocus rates ECMPF with a GF Score™ of 74/100 and a GF Value™ of $25.46. The stock has 10 warning signs investors should review. Among 589 REITs companies, Eurocommercial Properties NV ranks better than 87.95% 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. Eurocommercial Properties NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3,607.30%.
The historical rank and industry rank for Eurocommercial Properties NV's ROC (Joel Greenblatt) % or its related term are showing as below:
ECMPF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 149.06 Med: 4404.72 Max: 20350.55
Current: 4376.17
During the past 13 years, Eurocommercial Properties NV's highest ROC (Joel Greenblatt) % was 20350.55%. The lowest was 149.06%. And the median was 4404.72%.
ECMPF's ROC (Joel Greenblatt) % is ranked better than 87.95% of 589
companies
in the REITs industry
Industry Median: 177.71
vs ECMPF: 4376.17
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.
* 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.
ECMPF vs SPG, O, KIM: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Eurocommercial Properties NV'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.
Eurocommercial Properties NV ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Eurocommercial Properties NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eurocommercial Properties NV'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 3,607.30% mean?
Eurocommercial Properties NV (ECMPF) has a ROC (Joel Greenblatt) % of 3,607.30% 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 Eurocommercial Properties NV and its competitors. This is 18% below median its historical median of 4,404.72. Over the past decade, Eurocommercial Properties NV's ROC (Joel Greenblatt) % has ranged from 149.06 to 20,350.55. According to the industry distribution chart, Eurocommercial Properties NV ranks #71 out of 589 companies in the REITs industry, placing it in the top 12.1%.
Is Eurocommercial Properties NV's ROC (Joel Greenblatt) % too high?
Eurocommercial Properties NV's current ROC (Joel Greenblatt) % of 3,607.30% is 18% below median its 10-year median of 4,404.72. Over the past 10 years, this metric has ranged from a low of 149.06 to a high of 20,350.55. The REITs industry median ROC (Joel Greenblatt) % is 177.71. Eurocommercial Properties NV's value of 3,607.30% is 1929.9% above this industry median. Based on the distribution chart, Eurocommercial Properties NV ranks #71 out of 589 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Eurocommercial Properties NV has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Eurocommercial Properties NV's ROC (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Eurocommercial Properties NV ranks #71 out of 589 companies for ROC (Joel Greenblatt) %. This places Eurocommercial Properties NV in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 177.71. Eurocommercial Properties NV's value of 3,607.30% is 1929.9% above this benchmark. Historically, Eurocommercial Properties NV's own ROC (Joel Greenblatt) % has ranged from 149.06 to 20,350.55 over the past decade. While the company's 10-year median is 4,404.72 vs. the industry median of 177.71, Eurocommercial Properties NV 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 177.71, based on 589 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. Eurocommercial Properties NV's current ROC (Joel Greenblatt) % of 3,607.30% is 1929.9% 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 Eurocommercial Properties NV and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 177.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eurocommercial Properties NV's current ROC (Joel Greenblatt) % is 3,607.30%, which is 18% below median its own 10-year median of 4,404.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eurocommercial Properties NV stock overvalued right now?
Eurocommercial Properties NV (ECMPF) has a current ROC (Joel Greenblatt) % of 3,607.30%. The stock's GF Value™ is $25.46, compared to a current price of $29.96 — trading 17.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3,607.30%, which is 18% below median its 10-year median of 4,404.72 and 1929.9% above the REITs industry median of 177.71. Eurocommercial Properties NV's overall GF Score™ is 74/100 with 10 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 Eurocommercial Properties NV (ECMPF), the current ROC (Joel Greenblatt) % is 3,607.30% 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 Eurocommercial Properties NV (ECMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Eurocommercial Properties NV stock appears to be overvalued.
The current stock price of $29.96 is trading 17.7% above its estimated GF Value™ of $25.46.
Key valuation signals for ECMPF:
ROC (Joel Greenblatt) %: 3,607.30% (18% below median its 10-year median of 4,404.72)
GF Value™: $25.46 vs. price of $29.96 (17.7% above fair value)
Industry Position: 1929.9% above the REITs median (#71 of 589)
No single metric tells the full story. See the ECMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eurocommercial Properties NV is a Netherlands-based property investment company that invests, owns, and manages retail properties. The company operates in France, Belgium, Italy, Sweden, and the Netherlands which are also its operating segments. The company generates revenue from leasing its shopping center properties to tenants.
74GF Score
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