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Gek TernaGKTRF -4.11%66 ROC (Joel Greenblatt) % is 124.48% as of Dec. 2025, which is 601% above its 10-year median of 17.77. GuruFocus rates GKTRF with a GF Score™ of 66/100 and a GF Value™ of $17.67 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 1,779 Construction companies, Gek Terna ranks better than 89.94% 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. Gek Terna's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 124.48%.
The historical rank and industry rank for Gek Terna's ROC (Joel Greenblatt) % or its related term are showing as below:
GKTRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.58 Med: 17.77 Max: 132.37
Current: 128.95
During the past 13 years, Gek Terna's highest ROC (Joel Greenblatt) % was 132.37%. The lowest was 8.58%. And the median was 17.77%.
GKTRF's ROC (Joel Greenblatt) % is ranked better than 89.94% of 1779
companies
in the Construction industry
Industry Median: 19.62
vs GKTRF: 128.95
Gek Terna's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 48.80% 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.
The historical data trend for Gek Terna'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.
GKTRF vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Gek Terna'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.
Gek Terna ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Gek Terna's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gek Terna'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 (Dec. 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 124.48% mean?
Gek Terna (GKTRF) has a ROC (Joel Greenblatt) % of 124.48% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Gek Terna and its competitors. This is 601% above median its historical median of 17.77. Over the past decade, Gek Terna's ROC (Joel Greenblatt) % has ranged from 8.58 to 132.37. According to the industry distribution chart, Gek Terna ranks #179 out of 1779 companies in the Construction industry, placing it in the top 10.1%.
Is Gek Terna's ROC (Joel Greenblatt) % too high?
Gek Terna's current ROC (Joel Greenblatt) % of 124.48% is 601% above median its 10-year median of 17.77. Over the past 10 years, this metric has ranged from a low of 8.58 to a high of 132.37. The Construction industry median ROC (Joel Greenblatt) % is 19.62. Gek Terna's value of 124.48% is 534.5% above this industry median. Based on the distribution chart, Gek Terna ranks #179 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Gek Terna has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gek Terna's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Gek Terna ranks #179 out of 1779 companies for ROC (Joel Greenblatt) %. This places Gek Terna in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.62. Gek Terna's value of 124.48% is 534.5% above this benchmark. Historically, Gek Terna's own ROC (Joel Greenblatt) % has ranged from 8.58 to 132.37 over the past decade. While the company's 10-year median is 17.77 vs. the industry median of 19.62, Gek Terna 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.62, based on 1,779 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. Gek Terna's current ROC (Joel Greenblatt) % of 124.48% is 534.5% 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 Gek Terna and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gek Terna's current ROC (Joel Greenblatt) % is 124.48%, which is 601% above median its own 10-year median of 17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gek Terna stock overvalued right now?
Based on GuruFocus' analysis, Gek Terna (GKTRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.67, compared to a current price of $51.82 — trading 193.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 124.48%, which is 601% above median its 10-year median of 17.77 and 534.5% above the Construction industry median of 19.62. Gek Terna's overall GF Score™ is 66/100 with 13 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 Gek Terna (GKTRF), the current ROC (Joel Greenblatt) % is 124.48% as of Dec. 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.
Is Gek Terna (GKTRF) Overvalued in 2026?
Based on GuruFocus' analysis, Gek Terna stock appears to be overvalued.
The current stock price of $51.82 is trading 193.3% above its estimated GF Value™ of $17.67.
GuruFocus considers Gek Terna to be Significantly Overvalued.
Key valuation signals for GKTRF:
ROC (Joel Greenblatt) %: 124.48% (601% above median its 10-year median of 17.77)
GF Value™: $17.67 vs. price of $51.82 (193.3% above fair value)
Industry Position: 534.5% above the Construction median (#179 of 1779)
No single metric tells the full story. See the GKTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gek Terna SA is engaged in the management of self-financed or co-financed projects, the construction of any kind of projects, its participation in companies having similar activities, as well as the development and management of investment property.
66GF Score
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