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Grand City PropertiesGRNNF 69 ROC (Joel Greenblatt) % is 288.70% as of Mar. 2026, which is 27% below its 10-year median of 395.00. GuruFocus rates GRNNF with a GF Score™ of 69/100 and a GF Value™ of $12.60 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,749 Real Estate companies, Grand City Properties ranks better than 87.02% 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. Grand City Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 288.70%.
The historical rank and industry rank for Grand City Properties's ROC (Joel Greenblatt) % or its related term are showing as below:
GRNNF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -253.46 Med: 395 Max: 2000.42
Current: 362.36
During the past 13 years, Grand City Properties's highest ROC (Joel Greenblatt) % was 2000.42%. The lowest was -253.46%. And the median was 395.00%.
GRNNF's ROC (Joel Greenblatt) % is ranked better than 87.02% of 1749
companies
in the Real Estate industry
Industry Median: 12.88
vs GRNNF: 362.36
Grand City Properties's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Grand City Properties (OTCPK:GRNNF) 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.
Grand City Properties ROC (Joel Greenblatt) % Related Terms
Grand City Properties ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Grand City Properties'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.
Grand City Properties ROC (Joel Greenblatt) % Chart
GRNNF vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Grand City Properties'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.
Grand City Properties ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Grand City Properties's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grand City Properties's ROC (Joel Greenblatt) % falls into.
Grand City Properties 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 (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 288.70% mean?
Grand City Properties (GRNNF) has a ROC (Joel Greenblatt) % of 288.70% 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 Grand City Properties and its competitors. This is 27% below median its historical median of 395.00. According to the industry distribution chart, Grand City Properties ranks #227 out of 1749 companies in the Real Estate industry, placing it in the top 13%.
Is Grand City Properties' ROC (Joel Greenblatt) % too high?
Grand City Properties' current ROC (Joel Greenblatt) % of 288.70% is 27% below median its 10-year median of 395.00. The Real Estate industry median ROC (Joel Greenblatt) % is 12.88. Grand City Properties' value of 288.70% is 2141.5% above this industry median. Based on the distribution chart, Grand City Properties ranks #227 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Grand City Properties has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand City Properties' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grand City Properties ranks #227 out of 1749 companies for ROC (Joel Greenblatt) %. This places Grand City Properties in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.88. Grand City Properties' value of 288.70% is 2141.5% above this benchmark. While the company's 10-year median is 395.00 vs. the industry median of 12.88, Grand City Properties 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.88, 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. Grand City Properties's current ROC (Joel Greenblatt) % of 288.70% is 2141.5% 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 Grand City Properties and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand City Properties's current ROC (Joel Greenblatt) % is 288.70%, which is 27% below median its own 10-year median of 395.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand City Properties stock overvalued right now?
Based on GuruFocus' analysis, Grand City Properties (GRNNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.60, compared to a current price of $9.66 — trading 23.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 288.70%, which is 27% below median its 10-year median of 395.00 and 2141.5% above the Real Estate industry median of 12.88. Grand City Properties' overall GF Score™ is 69/100 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 Grand City Properties (GRNNF), the current ROC (Joel Greenblatt) % is 288.70% 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 Grand City Properties (GRNNF) Overvalued in 2026?
Based on GuruFocus' analysis, Grand City Properties stock appears to be undervalued.
The current stock price of $9.66 is trading 23.4% below its estimated GF Value™ of $12.60.
GuruFocus considers Grand City Properties to be Modestly Undervalued.
Key valuation signals for GRNNF:
ROC (Joel Greenblatt) %: 288.70% (27% below median its 10-year median of 395.00)
GF Value™: $12.60 vs. price of $9.66 (23.4% below fair value)
Industry Position: 2141.5% above the Real Estate median (#227 of 1749)
No single metric tells the full story. See the GRNNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand City Properties SA is a real estate company. It is a specialist real estate company focused on buying, redeveloping, optimizing, repositioning, investing, and managing value-add opportunities in the German real estate market. The company is also involved in asset and property management activities along with the real estate value chain. Its portfolio is mainly located in Berlin, North Rhine-Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, Hamburg, and other cities. The company operates in Germany, the United Kingdom, and Others, out of which the majority of the revenue is generated from Germany.
69GF Score
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