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. Premia Real Estate Investment Co Societe Anonyme's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 573.63%.
FRA:3FDA's ROC (Joel Greenblatt) % is ranked better than 89.43% of 1751
companies
in the Real Estate industry
Industry Median: 12.62
vs FRA:3FDA: 540.78
Premia Real Estate Investment Co Societe Anonyme (FRA:3FDA) 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.
* 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.
Premia Real Estate Investment Co Societe Anonyme ROC (Joel Greenblatt) % Chart
Premia Real Estate Investment Co Societe Anonyme Annual Data
Premia Real Estate Investment Co Societe Anonyme ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Premia Real Estate Investment Co Societe Anonyme'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.
Premia Real Estate Investment Co Societe Anonyme ROC (Joel Greenblatt) % vs Real Estate Industry
Premia Real Estate Investment Co Societe Anonyme 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 573.63% mean?
Premia Real Estate Investment Co Societe Anonyme (FRA:3FDA) has a ROC (Joel Greenblatt) % of 573.63% 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 Premia Real Estate Investment Co Societe Anonyme and its competitors. This is 69% above median its historical median of 338.60. According to the industry distribution chart, Premia Real Estate Investment Co Societe Anonyme ranks #185 out of 1751 companies in the Real Estate industry, placing it in the top 10.6%.
Is Premia Real Estate Investment Co Societe Anonyme's ROC (Joel Greenblatt) % too high?
Premia Real Estate Investment Co Societe Anonyme's current ROC (Joel Greenblatt) % of 573.63% is 69% above median its 10-year median of 338.60. The Real Estate industry median ROC (Joel Greenblatt) % is 12.62. Premia Real Estate Investment Co Societe Anonyme's value of 573.63% is 4445.4% above this industry median. Based on the distribution chart, Premia Real Estate Investment Co Societe Anonyme ranks #185 out of 1751 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Premia Real Estate Investment Co Societe Anonyme has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Premia Real Estate Investment Co Societe Anonyme's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Premia Real Estate Investment Co Societe Anonyme ranks #185 out of 1751 companies for ROC (Joel Greenblatt) %. This places Premia Real Estate Investment Co Societe Anonyme in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.62. Premia Real Estate Investment Co Societe Anonyme's value of 573.63% is 4445.4% above this benchmark. While the company's 10-year median is 338.60 vs. the industry median of 12.62, Premia Real Estate Investment Co Societe Anonyme 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 12.62, 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. Premia Real Estate Investment Co Societe Anonyme's current ROC (Joel Greenblatt) % of 573.63% is 4445.4% 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 Premia Real Estate Investment Co Societe Anonyme and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premia Real Estate Investment Co Societe Anonyme's current ROC (Joel Greenblatt) % is 573.63%, which is 69% above median its own 10-year median of 338.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premia Real Estate Investment Co Societe Anonyme stock overvalued right now?
Based on GuruFocus' analysis, Premia Real Estate Investment Co Societe Anonyme (FRA:3FDA) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.71, compared to a current price of €1.28 — trading 25.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 573.63%, which is 69% above median its 10-year median of 338.60 and 4445.4% above the Real Estate industry median of 12.62. Premia Real Estate Investment Co Societe Anonyme's overall GF Score™ is 75/100 with 7 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 Premia Real Estate Investment Co Societe Anonyme (FRA:3FDA), the current ROC (Joel Greenblatt) % is 573.63% 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 Premia Real Estate Investment Co Societe Anonyme (FRA:3FDA) Overvalued in 2026?
Based on GuruFocus' analysis, Premia Real Estate Investment Co Societe Anonyme stock appears to be undervalued.
The current stock price of €1.28 is trading 25.1% below its estimated GF Value™ of €1.71.
GuruFocus considers Premia Real Estate Investment Co Societe Anonyme to be Modestly Undervalued.
Key valuation signals for FRA:3FDA:
ROC (Joel Greenblatt) %: 573.63% (69% above median its 10-year median of 338.60)
GF Value™: €1.71 vs. price of €1.28 (25.1% below fair value)
Industry Position: 4445.4% above the Real Estate median (#185 of 1751)
No single metric tells the full story. See the FRA:3FDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premia Real Estate Investment Co Societe Anonyme Business Description
Premia Real Estate Investment Co Societe Anonyme engages in the development of real estate properties. Operating segments of the company are Commercial property which includes commercial real estates (big-boxes, super market, office buildings) as well as plots for future exploitation. Industrial Buildings: includes warehouse buildings (logistics), other properties with industrial use as well as wineries along with their vineyards. Serviced apartments which includes buildings that function as serviced apartments including student dormitories. Social buildings which includes social buildings in the field of education (schools), including schools managed through PPPs. Hotels which includes hotel building. The key revenue is generated from Industrial Buildings.
75GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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