Gateway Real Estate AGFRA:GTY -3.47%33 ROC (Joel Greenblatt) % is 9.68% as of Sep. 2025, which is 39% below its 10-year median of 15.86. GuruFocus rates FRA:GTY with a GF Score™ of 33/100. The stock has 6 warning signs investors should review. Among 1,749 Real Estate companies, Gateway Real Estate AG ranks better than 68.95% 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. Gateway Real Estate AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 9.68%.
The historical rank and industry rank for Gateway Real Estate AG's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:GTY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -99.2 Med: 15.86 Max: 107.06
Current: 43.93
During the past 13 years, Gateway Real Estate AG's highest ROC (Joel Greenblatt) % was 107.06%. The lowest was -99.20%. And the median was 15.86%.
FRA:GTY's ROC (Joel Greenblatt) % is ranked better than 68.95% of 1749
companies
in the Real Estate industry
Industry Median: 12.55
vs FRA:GTY: 43.93
Gateway Real Estate AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Gateway Real Estate AG (FRA:GTY) 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.
Gateway Real Estate AG ROC (Joel Greenblatt) % Related Terms
Gateway Real Estate AG ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Gateway Real Estate 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.
Gateway Real Estate AG ROC (Joel Greenblatt) % Chart
Gateway Real Estate AG ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Gateway Real Estate 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.
Gateway Real Estate AG ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Gateway Real Estate AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gateway Real Estate AG's ROC (Joel Greenblatt) % falls into.
Gateway Real Estate 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 (Sep. 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 9.68% mean?
Gateway Real Estate AG (FRA:GTY) has a ROC (Joel Greenblatt) % of 9.68% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Gateway Real Estate AG and its competitors. This is 39% below median its historical median of 15.86. According to the industry distribution chart, Gateway Real Estate AG ranks #543 out of 1749 companies in the Real Estate industry, placing it in the top 31%.
Is Gateway Real Estate AG's ROC (Joel Greenblatt) % too high?
Gateway Real Estate AG's current ROC (Joel Greenblatt) % of 9.68% is 39% below median its 10-year median of 15.86. The Real Estate industry median ROC (Joel Greenblatt) % is 12.55. Gateway Real Estate AG's value of 9.68% is 22.9% below this industry median. Based on the distribution chart, Gateway Real Estate AG ranks #543 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, Gateway Real Estate AG has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Gateway Real Estate AG's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Gateway Real Estate AG ranks #543 out of 1749 companies for ROC (Joel Greenblatt) %. This puts Gateway Real Estate AG in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.55. Gateway Real Estate AG's value of 9.68% is 22.9% below this benchmark. While the company's 10-year median is 15.86 vs. the industry median of 12.55, Gateway Real Estate 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. Gateway Real Estate AG's current ROC (Joel Greenblatt) % of 9.68% is 22.9% 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 Gateway Real Estate 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. Gateway Real Estate AG's current ROC (Joel Greenblatt) % is 9.68%, which is 39% below median its own 10-year median of 15.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gateway Real Estate AG stock overvalued right now?
Gateway Real Estate AG (FRA:GTY) has a current ROC (Joel Greenblatt) % of 9.68%. The current ROC (Joel Greenblatt) % is 9.68%, which is 39% below median its 10-year median of 15.86 and 22.9% below the Real Estate industry median of 12.55. Gateway Real Estate AG's overall GF Score™ is 33/100 with 6 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 Gateway Real Estate AG (FRA:GTY), the current ROC (Joel Greenblatt) % is 9.68% as of Sep. 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.
Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company covers the entire value chain in its real estate business, starting from the acquisition of land and projects, to the development and construction, and finally to the sale of the properties. Gateway's operating segments are: Standing Assets, Residential Properties Development, and Commercial Properties Development. Maximum revenue is generated from the Residential Properties Development segment, which includes development activities in selected metropolitan regions in Germany, such as Dresden, Berlin, Erfurt, Frankfurt am Main, Leipzig, and Munich, focusing on the new construction of medium-sized apartment buildings for modern living, mixed-use properties, and real estate.
33GF Score
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