Frasers Logisticsmmercial TrustFRLOF 48 ROC (Joel Greenblatt) % is 905,886.79% as of Mar. 2026, which is 238% above its 10-year median of 267,767.26. GuruFocus rates FRLOF with a GF Score™ of 48/100 and a GF Value™ of $0.85 (Fairly Valued). The stock has 9 warning signs investors should review. Among 589 REITs companies, Frasers Logisticsmmercial Trust ranks better than 99.49% 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. Frasers Logisticsmmercial Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 905,886.79%.
The historical rank and industry rank for Frasers Logisticsmmercial Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
FRLOF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24638.42 Med: 267767.26 Max: 1338138.46
Current: 1301842.5
During the past 13 years, Frasers Logisticsmmercial Trust's highest ROC (Joel Greenblatt) % was 1338138.46%. The lowest was -24638.42%. And the median was 267767.26%.
FRLOF's ROC (Joel Greenblatt) % is ranked better than 99.49% of 589
companies
in the REITs industry
Industry Median: 177.71
vs FRLOF: 1301842.50
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.
FRLOF vs PLD, PSA, EXR: ROC (Joel Greenblatt) % Comparison
For the REIT - Industrial subindustry, Frasers Logisticsmmercial 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.
Frasers Logisticsmmercial Trust ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Frasers Logisticsmmercial Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Frasers Logisticsmmercial Trust'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 two times the semi-annual (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 905,886.79% mean?
Frasers Logisticsmmercial Trust (FRLOF) has a ROC (Joel Greenblatt) % of 905,886.79% 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 Frasers Logisticsmmercial Trust and its competitors. This is 238% above median its historical median of 267,767.26. According to the industry distribution chart, Frasers Logisticsmmercial Trust ranks #3 out of 589 companies in the REITs industry, placing it in the top 0.5%.
Is Frasers Logisticsmmercial Trust's ROC (Joel Greenblatt) % too high?
Frasers Logisticsmmercial Trust's current ROC (Joel Greenblatt) % of 905,886.79% is 238% above median its 10-year median of 267,767.26. The REITs industry median ROC (Joel Greenblatt) % is 177.71. Frasers Logisticsmmercial Trust's value of 905,886.79% is 509655.7% above this industry median. Based on the distribution chart, Frasers Logisticsmmercial Trust ranks #3 out of 589 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Frasers Logisticsmmercial Trust has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Logisticsmmercial Trust's ROC (Joel Greenblatt) % compare to PLD and PSA?
According to the REITs industry distribution chart, Frasers Logisticsmmercial Trust ranks #3 out of 589 companies for ROC (Joel Greenblatt) %. This places Frasers Logisticsmmercial Trust in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 177.71. Frasers Logisticsmmercial Trust's value of 905,886.79% is 509655.7% above this benchmark. While the company's 10-year median is 267,767.26 vs. the industry median of 177.71, Frasers Logisticsmmercial Trust 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 177.71, based on 589 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. Frasers Logisticsmmercial Trust's current ROC (Joel Greenblatt) % of 905,886.79% is 509655.7% 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 Frasers Logisticsmmercial Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 177.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Logisticsmmercial Trust's current ROC (Joel Greenblatt) % is 905,886.79%, which is 238% above median its own 10-year median of 267,767.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Logisticsmmercial Trust stock overvalued right now?
Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust (FRLOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.85, compared to a current price of $0.79 — trading 7.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 905,886.79%, which is 238% above median its 10-year median of 267,767.26 and 509655.7% above the REITs industry median of 177.71. Frasers Logisticsmmercial Trust's overall GF Score™ is 48/100 with 9 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 Frasers Logisticsmmercial Trust (FRLOF), the current ROC (Joel Greenblatt) % is 905,886.79% 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 Frasers Logisticsmmercial Trust (FRLOF) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust stock appears to be undervalued.
The current stock price of $0.79 is trading 7.2% below its estimated GF Value™ of $0.85.
GuruFocus considers Frasers Logisticsmmercial Trust to be Fairly Valued.
Key valuation signals for FRLOF:
ROC (Joel Greenblatt) %: 905,886.79% (238% above median its 10-year median of 267,767.26)
GF Value™: $0.85 vs. price of $0.79 (7.2% below fair value)
Industry Position: 509655.7% above the REITs median (#3 of 589)
No single metric tells the full story. See the FRLOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Logisticsmmercial Trust Business Description
Frasers Logistics & Commercial Trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020. As of Mar. 31, 2026, the trust has a diversified portfolio of 113 logistics, industrial and commercial properties valued at around SGD 7.0 billion across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property, which owns around 23% of the trust.
48GF Score
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