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Getty RealtyFRA:GRL -1.37%87 ROC (Joel Greenblatt) % is 1,591.90% as of Mar. 2026, which is 251% above its 10-year median of 453.82. GuruFocus rates FRA:GRL with a GF Score™ of 87/100 and a GF Value™ of €26.76 (Fairly Valued). The stock has 7 warning signs investors should review. Among 585 REITs companies, Getty Realty ranks better than 78.46% 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. Getty Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,591.90%.
The historical rank and industry rank for Getty Realty's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:GRL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 202.61 Med: 453.82 Max: 1280.27
Current: 1280.27
During the past 13 years, Getty Realty's highest ROC (Joel Greenblatt) % was 1280.27%. The lowest was 202.61%. And the median was 453.82%.
FRA:GRL's ROC (Joel Greenblatt) % is ranked better than 78.46% of 585
companies
in the REITs industry
Industry Median: 179.69
vs FRA:GRL: 1280.27
Getty Realty's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 36.50% per year.
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.
Getty Realty ROC (Joel Greenblatt) % Related Terms
Getty Realty ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Getty Realty'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.
FRA:GRL vs NTST, CBL, ALX: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Getty Realty'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.
Getty Realty ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Getty Realty's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Getty Realty'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 1,591.90% mean?
Getty Realty (FRA:GRL) has a ROC (Joel Greenblatt) % of 1,591.90% 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 Getty Realty and its competitors. This is 251% above median its historical median of 453.82. Over the past decade, Getty Realty's ROC (Joel Greenblatt) % has ranged from 202.61 to 1,280.27. According to the industry distribution chart, Getty Realty ranks #126 out of 585 companies in the REITs industry, placing it in the top 21.5%.
Is Getty Realty's ROC (Joel Greenblatt) % too high?
Getty Realty's current ROC (Joel Greenblatt) % of 1,591.90% is 251% above median its 10-year median of 453.82. Over the past 10 years, this metric has ranged from a low of 202.61 to a high of 1,280.27. The REITs industry median ROC (Joel Greenblatt) % is 179.69. Getty Realty's value of 1,591.90% is 785.9% above this industry median. Based on the distribution chart, Getty Realty ranks #126 out of 585 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Getty Realty has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Getty Realty's ROC (Joel Greenblatt) % compare to NTST and CBL?
According to the REITs industry distribution chart, Getty Realty ranks #126 out of 585 companies for ROC (Joel Greenblatt) %. This places Getty Realty in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 179.69. Getty Realty's value of 1,591.90% is 785.9% above this benchmark. Historically, Getty Realty's own ROC (Joel Greenblatt) % has ranged from 202.61 to 1,280.27 over the past decade. While the company's 10-year median is 453.82 vs. the industry median of 179.69, Getty Realty 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 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. Getty Realty's current ROC (Joel Greenblatt) % of 1,591.90% is 785.9% 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 Getty Realty 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. Getty Realty's current ROC (Joel Greenblatt) % is 1,591.90%, which is 251% above median its own 10-year median of 453.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getty Realty stock overvalued right now?
Based on GuruFocus' analysis, Getty Realty (FRA:GRL) is currently considered Fairly Valued. The stock's GF Value™ is €26.76, compared to a current price of €28.88 — trading 7.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 1,591.90%, which is 251% above median its 10-year median of 453.82 and 785.9% above the REITs industry median of 179.69. Getty Realty's overall GF Score™ is 87/100 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 Getty Realty (FRA:GRL), the current ROC (Joel Greenblatt) % is 1,591.90% 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 Getty Realty (FRA:GRL) Overvalued in 2026?
Based on GuruFocus' analysis, Getty Realty stock appears to be overvalued.
The current stock price of €28.88 is trading 7.9% above its estimated GF Value™ of €26.76.
GuruFocus considers Getty Realty to be Fairly Valued.
Key valuation signals for FRA:GRL:
ROC (Joel Greenblatt) %: 1,591.90% (251% above median its 10-year median of 453.82)
GF Value™: €26.76 vs. price of €28.88 (7.9% above fair value)
Industry Position: 785.9% above the REITs median (#126 of 585)
No single metric tells the full story. See the FRA:GRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Getty Realty Corp is a net lease real estate investment trust in the U.S.A, specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate. The company's portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties. It generates maximum revenue in the form of rental income.
87GF Score
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