Deutsche Fachmarkt AGFRA:DEF -0.85%70 ROC (Joel Greenblatt) % is 4.59% as of Mar. 2026, which is 17% below its 10-year median of 5.50. GuruFocus rates FRA:DEF with a GF Score™ of 70/100 and a GF Value™ of €37.06 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,749 Real Estate companies, Deutsche Fachmarkt AG ranks worse than 63.64% 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. Deutsche Fachmarkt AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.59%.
The historical rank and industry rank for Deutsche Fachmarkt AG's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:DEF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.96 Med: 5.5 Max: 7.27
Current: 5.64
During the past 12 years, Deutsche Fachmarkt AG's highest ROC (Joel Greenblatt) % was 7.27%. The lowest was 4.96%. And the median was 5.50%.
FRA:DEF's ROC (Joel Greenblatt) % is ranked worse than 63.64% of 1749
companies
in the Real Estate industry
Industry Median: 12.55
vs FRA:DEF: 5.64
Deutsche Fachmarkt AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.70% per year.
Deutsche Fachmarkt AG (FRA:DEF) 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.
Deutsche Fachmarkt AG ROC (Joel Greenblatt) % Related Terms
Deutsche Fachmarkt AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Deutsche Fachmarkt AG'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.
Deutsche Fachmarkt AG ROC (Joel Greenblatt) % Chart
FRA:DEF vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Deutsche Fachmarkt AG'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.
Deutsche Fachmarkt AG ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Deutsche Fachmarkt AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Deutsche Fachmarkt AG's ROC (Joel Greenblatt) % falls into.
Deutsche Fachmarkt AG 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 (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 4.59% mean?
Deutsche Fachmarkt AG (FRA:DEF) has a ROC (Joel Greenblatt) % of 4.59% 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 Deutsche Fachmarkt AG and its competitors. This is 17% below median its historical median of 5.50. Over the past decade, Deutsche Fachmarkt AG's ROC (Joel Greenblatt) % has ranged from 4.96 to 7.27. According to the industry distribution chart, Deutsche Fachmarkt AG ranks #1113 out of 1749 companies in the Real Estate industry, placing it in the top 63.6%.
Is Deutsche Fachmarkt AG's ROC (Joel Greenblatt) % too high?
Deutsche Fachmarkt AG's current ROC (Joel Greenblatt) % of 4.59% is 17% below median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 7.27. The Real Estate industry median ROC (Joel Greenblatt) % is 12.55. Deutsche Fachmarkt AG's value of 4.59% is 63.4% below this industry median. Based on the distribution chart, Deutsche Fachmarkt AG ranks #1113 out of 1749 companies in the Real Estate industry, which is below the industry midpoint. Overall, Deutsche Fachmarkt AG has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Deutsche Fachmarkt AG's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Deutsche Fachmarkt AG ranks #1113 out of 1749 companies for ROC (Joel Greenblatt) %. This places Deutsche Fachmarkt AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.55. Deutsche Fachmarkt AG's value of 4.59% is 63.4% below this benchmark. Historically, Deutsche Fachmarkt AG's own ROC (Joel Greenblatt) % has ranged from 4.96 to 7.27 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 12.55, Deutsche Fachmarkt AG 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.55, based on 1,749 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. Deutsche Fachmarkt AG's current ROC (Joel Greenblatt) % of 4.59% is 63.4% 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 Deutsche Fachmarkt AG and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Fachmarkt AG's current ROC (Joel Greenblatt) % is 4.59%, which is 17% below median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Fachmarkt AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Fachmarkt AG (FRA:DEF) is currently considered Possible Value Trap. The stock's GF Value™ is €37.06, compared to a current price of €23.30 — trading 37.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.59%, which is 17% below median its 10-year median of 5.50 and 63.4% below the Real Estate industry median of 12.55. Deutsche Fachmarkt AG's overall GF Score™ is 70/100 with 4 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 Deutsche Fachmarkt AG (FRA:DEF), the current ROC (Joel Greenblatt) % is 4.59% 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 Deutsche Fachmarkt AG (FRA:DEF) Overvalued in 2026?
Based on GuruFocus' analysis, Deutsche Fachmarkt AG stock appears to be undervalued.
The current stock price of €23.30 is trading 37.1% below its estimated GF Value™ of €37.06.
GuruFocus considers Deutsche Fachmarkt AG to be Possible Value Trap.
Key valuation signals for FRA:DEF:
ROC (Joel Greenblatt) %: 4.59% (17% below median its 10-year median of 5.50)
GF Value™: €37.06 vs. price of €23.30 (37.1% below fair value)
Industry Position: 63.4% below the Real Estate median (#1113 of 1749)
No single metric tells the full story. See the FRA:DEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deutsche Fachmarkt AG is a real estate company. It focusses on small retail properties in small to medium-sized cities in northern and eastern Germany.
70GF Score
Get the complete analysis for FRA:DEF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:DEF has been successfully added to your 
