Frasers Centrepoint TrustFRZCF 88 ROC (Joel Greenblatt) % is 3,079,105.88% as of Mar. 2026, which is 1894% above its 10-year median of 154,450.95. GuruFocus rates FRZCF with a GF Score™ of 88/100 and a GF Value™ of $1.73. The stock has 7 warning signs investors should review. Among 588 REITs companies, Frasers Centrepoint Trust ranks better than 99.66% 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 Centrepoint Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3,079,105.88%.
The historical rank and industry rank for Frasers Centrepoint Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
FRZCF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 248.07 Med: 154450.95 Max: 2082773.33
Current: 2082773.33
During the past 13 years, Frasers Centrepoint Trust's highest ROC (Joel Greenblatt) % was 2082773.33%. The lowest was 248.07%. And the median was 154450.95%.
FRZCF's ROC (Joel Greenblatt) % is ranked better than 99.66% of 588
companies
in the REITs industry
Industry Median: 178.7
vs FRZCF: 2082773.33
Frasers Centrepoint Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 116.90% 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.
Frasers Centrepoint Trust ROC (Joel Greenblatt) % Related Terms
Frasers Centrepoint Trust ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Frasers Centrepoint 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.
FRZCF vs SPG, O, KIM: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Frasers Centrepoint 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 Centrepoint Trust ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Frasers Centrepoint Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Frasers Centrepoint 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 3,079,105.88% mean?
Frasers Centrepoint Trust (FRZCF) has a ROC (Joel Greenblatt) % of 3,079,105.88% 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 Centrepoint Trust and its competitors. This is 1894% above median its historical median of 154,450.95. Over the past decade, Frasers Centrepoint Trust's ROC (Joel Greenblatt) % has ranged from 248.07 to 2,082,773.33. According to the industry distribution chart, Frasers Centrepoint Trust ranks #2 out of 588 companies in the REITs industry, placing it in the top 0.3%.
Is Frasers Centrepoint Trust's ROC (Joel Greenblatt) % too high?
Frasers Centrepoint Trust's current ROC (Joel Greenblatt) % of 3,079,105.88% is 1894% above median its 10-year median of 154,450.95. Over the past 10 years, this metric has ranged from a low of 248.07 to a high of 2,082,773.33. The REITs industry median ROC (Joel Greenblatt) % is 178.70. Frasers Centrepoint Trust's value of 3,079,105.88% is 1722958.7% above this industry median. Based on the distribution chart, Frasers Centrepoint Trust ranks #2 out of 588 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Frasers Centrepoint Trust has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Frasers Centrepoint Trust's ROC (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Frasers Centrepoint Trust ranks #2 out of 588 companies for ROC (Joel Greenblatt) %. This places Frasers Centrepoint Trust in the top 0% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 178.70. Frasers Centrepoint Trust's value of 3,079,105.88% is 1722958.7% above this benchmark. Historically, Frasers Centrepoint Trust's own ROC (Joel Greenblatt) % has ranged from 248.07 to 2,082,773.33 over the past decade. While the company's 10-year median is 154,450.95 vs. the industry median of 178.70, Frasers Centrepoint 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 178.70, based on 588 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 Centrepoint Trust's current ROC (Joel Greenblatt) % of 3,079,105.88% is 1722958.7% 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 Centrepoint Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 178.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Centrepoint Trust's current ROC (Joel Greenblatt) % is 3,079,105.88%, which is 1894% above median its own 10-year median of 154,450.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Centrepoint Trust stock overvalued right now?
Frasers Centrepoint Trust (FRZCF) has a current ROC (Joel Greenblatt) % of 3,079,105.88%. The stock's GF Value™ is $1.73, compared to a current price of $1.73 — trading right at its estimated fair value. The current ROC (Joel Greenblatt) % is 3,079,105.88%, which is 1894% above median its 10-year median of 154,450.95 and 1722958.7% above the REITs industry median of 178.70. Frasers Centrepoint Trust's overall GF Score™ is 88/100 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 Frasers Centrepoint Trust (FRZCF), the current ROC (Joel Greenblatt) % is 3,079,105.88% 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 Centrepoint Trust (FRZCF) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Centrepoint Trust stock appears to be undervalued.
The current stock price of $1.73 is trading 0% below its estimated GF Value™ of $1.73.
Key valuation signals for FRZCF:
ROC (Joel Greenblatt) %: 3,079,105.88% (1894% above median its 10-year median of 154,450.95)
GF Value™: $1.73 vs. price of $1.73 (0% below fair value)
Industry Position: 1722958.7% above the REITs median (#2 of 588)
No single metric tells the full story. See the FRZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominantly invests in suburban retail assets in Singapore. Its portfolio consists of nine retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 8.4 billion as at March 31, 2026. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property, which has a 38% direct and indirect interest in FCT.
88GF Score
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