Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Kite Realty Group TrustFRA:FGC1 +0.79%69 ROC (Joel Greenblatt) % is 72.35% as of Mar. 2026, which is 53% below its 10-year median of 153.64. GuruFocus rates FRA:FGC1 with a GF Score™ of 69/100 and a GF Value™ of €19.51 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 585 REITs companies, Kite Realty Group Trust ranks worse than 50.77% 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. Kite Realty Group Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 72.35%.
The historical rank and industry rank for Kite Realty Group Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:FGC1'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -241.47 Med: 153.64 Max: 207.68
Current: 173.91
During the past 13 years, Kite Realty Group Trust's highest ROC (Joel Greenblatt) % was 207.68%. The lowest was -241.47%. And the median was 153.64%.
FRA:FGC1's ROC (Joel Greenblatt) % is ranked worse than 50.77% of 585
companies
in the REITs industry
Industry Median: 179.69
vs FRA:FGC1: 173.91
Kite Realty Group Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Kite Realty Group Trust (FRA:FGC1) 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.
Kite Realty Group Trust ROC (Joel Greenblatt) % Related Terms
Kite Realty Group Trust ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kite Realty Group Trust'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.
Kite Realty Group Trust ROC (Joel Greenblatt) % Chart
FRA:FGC1 vs PECO, EPRT, SKT: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Kite Realty Group Trust'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.
Kite Realty Group Trust ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Kite Realty Group Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kite Realty Group Trust's ROC (Joel Greenblatt) % falls into.
Kite Realty Group Trust 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 72.35% mean?
Kite Realty Group Trust (FRA:FGC1) has a ROC (Joel Greenblatt) % of 72.35% 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 Kite Realty Group Trust and its competitors. This is 53% below median its historical median of 153.64. According to the industry distribution chart, Kite Realty Group Trust ranks #297 out of 585 companies in the REITs industry, placing it in the top 50.8%.
Is Kite Realty Group Trust's ROC (Joel Greenblatt) % too high?
Kite Realty Group Trust's current ROC (Joel Greenblatt) % of 72.35% is 53% below median its 10-year median of 153.64. The REITs industry median ROC (Joel Greenblatt) % is 179.69. Kite Realty Group Trust's value of 72.35% is 59.7% below this industry median. Based on the distribution chart, Kite Realty Group Trust ranks #297 out of 585 companies in the REITs industry, which is below the industry midpoint. Overall, Kite Realty Group Trust has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kite Realty Group Trust's ROC (Joel Greenblatt) % compare to PECO and EPRT?
According to the REITs industry distribution chart, Kite Realty Group Trust ranks #297 out of 585 companies for ROC (Joel Greenblatt) %. This places Kite Realty Group Trust in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 179.69. Kite Realty Group Trust's value of 72.35% is 59.7% below this benchmark. While the company's 10-year median is 153.64 vs. the industry median of 179.69, Kite Realty Group Trust 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 179.69, based on 585 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. Kite Realty Group Trust's current ROC (Joel Greenblatt) % of 72.35% is 59.7% 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 Kite Realty Group Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 179.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kite Realty Group Trust's current ROC (Joel Greenblatt) % is 72.35%, which is 53% below median its own 10-year median of 153.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kite Realty Group Trust stock overvalued right now?
Based on GuruFocus' analysis, Kite Realty Group Trust (FRA:FGC1) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.51, compared to a current price of €25.60 — trading 31.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 72.35%, which is 53% below median its 10-year median of 153.64 and 59.7% below the REITs industry median of 179.69. Kite Realty Group Trust's overall GF Score™ is 69/100 with 11 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 Kite Realty Group Trust (FRA:FGC1), the current ROC (Joel Greenblatt) % is 72.35% 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 Kite Realty Group Trust (FRA:FGC1) Overvalued in 2026?
Based on GuruFocus' analysis, Kite Realty Group Trust stock appears to be overvalued.
The current stock price of €25.60 is trading 31.2% above its estimated GF Value™ of €19.51.
GuruFocus considers Kite Realty Group Trust to be Significantly Overvalued.
Key valuation signals for FRA:FGC1:
ROC (Joel Greenblatt) %: 72.35% (53% below median its 10-year median of 153.64)
GF Value™: €19.51 vs. price of €25.60 (31.2% above fair value)
Industry Position: 59.7% below the REITs median (#297 of 585)
No single metric tells the full story. See the FRA:FGC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kite Realty Group Trust specializing in high-quality, open-air shopping centers and mixed-use assets. Concentrated in the Sun Belt and strategic gateway markets, the company focuses on grocery-anchored, necessity-based retail. The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.
69GF Score
Get the complete analysis for FRA:FGC1
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:FGC1 has been successfully added to your 
