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Anadolu Efes Biracilik ve Maltnayi ASFRA:EF41 67 ROC (Joel Greenblatt) % is 40.69% as of Mar. 2026, which is 63% above its 10-year median of 25.01. GuruFocus rates FRA:EF41 with a GF Score™ of 67/100 and a GF Value™ of €0.26 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Anadolu Efes Biracilik ve Maltnayi AS ranks better than 77.59% 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. Anadolu Efes Biracilik ve Maltnayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 40.69%.
FRA:EF41'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.36 Med: 25.01 Max: 96.27
Current: 45.56
During the past 13 years, Anadolu Efes Biracilik ve Maltnayi AS's highest ROC (Joel Greenblatt) % was 96.27%. The lowest was 3.36%. And the median was 25.01%.
FRA:EF41's ROC (Joel Greenblatt) % is ranked better than 77.59% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.385
vs FRA:EF41: 45.56
Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) 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.
Anadolu Efes Biracilik ve Maltnayi AS ROC (Joel Greenblatt) % Chart
FRA:EF41 vs KO, PEP, MNST: ROC (Joel Greenblatt) % Comparison
For the Beverages - Non-Alcoholic subindustry, Anadolu Efes Biracilik ve Maltnayi AS'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.
Anadolu Efes Biracilik ve Maltnayi AS ROC (Joel Greenblatt) % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's ROC (Joel Greenblatt) % falls into.
Anadolu Efes Biracilik ve Maltnayi AS 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 40.69% mean?
Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) has a ROC (Joel Greenblatt) % of 40.69% 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 Anadolu Efes Biracilik ve Maltnayi AS and its competitors. This is 63% above median its historical median of 25.01. Over the past decade, Anadolu Efes Biracilik ve Maltnayi AS's ROC (Joel Greenblatt) % has ranged from 3.36 to 96.27. According to the industry distribution chart, Anadolu Efes Biracilik ve Maltnayi AS ranks #26 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 22.4%.
Is Anadolu Efes Biracilik ve Maltnayi AS's ROC (Joel Greenblatt) % too high?
Anadolu Efes Biracilik ve Maltnayi AS's current ROC (Joel Greenblatt) % of 40.69% is 63% above median its 10-year median of 25.01. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 96.27. The Beverages - Non-Alcoholic industry median ROC (Joel Greenblatt) % is 20.39. Anadolu Efes Biracilik ve Maltnayi AS's value of 40.69% is 99.6% above this industry median. Based on the distribution chart, Anadolu Efes Biracilik ve Maltnayi AS ranks #26 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Anadolu Efes Biracilik ve Maltnayi AS has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Anadolu Efes Biracilik ve Maltnayi AS's ROC (Joel Greenblatt) % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Anadolu Efes Biracilik ve Maltnayi AS ranks #26 out of 116 companies for ROC (Joel Greenblatt) %. This places Anadolu Efes Biracilik ve Maltnayi AS in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.39. Anadolu Efes Biracilik ve Maltnayi AS's value of 40.69% is 99.6% above this benchmark. Historically, Anadolu Efes Biracilik ve Maltnayi AS's own ROC (Joel Greenblatt) % has ranged from 3.36 to 96.27 over the past decade. While the company's 10-year median is 25.01 vs. the industry median of 20.39, Anadolu Efes Biracilik ve Maltnayi AS 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 Beverages - Non-Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Non-Alcoholic companies is 20.39, based on 116 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. Anadolu Efes Biracilik ve Maltnayi AS's current ROC (Joel Greenblatt) % of 40.69% is 99.6% 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 Anadolu Efes Biracilik ve Maltnayi AS and its competitors. For the Beverages - Non-Alcoholic industry, the median ROC (Joel Greenblatt) % is 20.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anadolu Efes Biracilik ve Maltnayi AS's current ROC (Joel Greenblatt) % is 40.69%, which is 63% above median its own 10-year median of 25.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anadolu Efes Biracilik ve Maltnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) is currently considered Possible Value Trap. The stock's GF Value™ is €0.26, compared to a current price of €0.16 — trading 38.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 40.69%, which is 63% above median its 10-year median of 25.01 and 99.6% above the Beverages - Non-Alcoholic industry median of 20.39. Anadolu Efes Biracilik ve Maltnayi AS's overall GF Score™ is 67/100 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 Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41), the current ROC (Joel Greenblatt) % is 40.69% 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 Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) Overvalued in 2026?
Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS stock appears to be undervalued.
The current stock price of €0.16 is trading 38.5% below its estimated GF Value™ of €0.26.
GuruFocus considers Anadolu Efes Biracilik ve Maltnayi AS to be Possible Value Trap.
Key valuation signals for FRA:EF41:
ROC (Joel Greenblatt) %: 40.69% (63% above median its 10-year median of 25.01)
GF Value™: €0.26 vs. price of €0.16 (38.5% below fair value)
Industry Position: 99.6% above the Beverages - Non-Alcoholic median (#26 of 116)
No single metric tells the full story. See the FRA:EF41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anadolu Efes Biracilik ve Maltnayi AS Business Description
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under several brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. The group operates in two segments: Beer Operations (Beer Group) and Soft Drinks Operations (Soft Drinks), and the majority of its revenue is generated from the soft drinks segment.
67GF 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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