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TAG Colonia-Immobilien AGHAM:KBU 58 ROC (Joel Greenblatt) % is 90.66% as of Dec. 2025, which is 81% below its 10-year median of 467.41. GuruFocus rates HAM:KBU with a GF Score™ of 58/100 and a GF Value™ of €4.90 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,752 Real Estate companies, TAG Colonia-Immobilien AG ranks better than 77.23% 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. TAG Colonia-Immobilien AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 90.66%.
The historical rank and industry rank for TAG Colonia-Immobilien AG's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:KBU'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -83.95 Med: 467.41 Max: 1323.05
Current: 90.66
During the past 13 years, TAG Colonia-Immobilien AG's highest ROC (Joel Greenblatt) % was 1323.05%. The lowest was -83.95%. And the median was 467.41%.
HAM:KBU's ROC (Joel Greenblatt) % is ranked better than 77.23% of 1752
companies
in the Real Estate industry
Industry Median: 12.85
vs HAM:KBU: 90.66
TAG Colonia-Immobilien AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
TAG Colonia-Immobilien AG (HAM:KBU) 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.
TAG Colonia-Immobilien AG ROC (Joel Greenblatt) % Related Terms
TAG Colonia-Immobilien AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for TAG Colonia-Immobilien 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.
TAG Colonia-Immobilien AG ROC (Joel Greenblatt) % Chart
TAG Colonia-Immobilien AG ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, TAG Colonia-Immobilien 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.
TAG Colonia-Immobilien AG ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TAG Colonia-Immobilien AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TAG Colonia-Immobilien AG's ROC (Joel Greenblatt) % falls into.
TAG Colonia-Immobilien 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 one times the 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 90.66% mean?
TAG Colonia-Immobilien AG (HAM:KBU) has a ROC (Joel Greenblatt) % of 90.66% 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 TAG Colonia-Immobilien AG and its competitors. This is 81% below median its historical median of 467.41. According to the industry distribution chart, TAG Colonia-Immobilien AG ranks #399 out of 1752 companies in the Real Estate industry, placing it in the top 22.8%.
Is TAG Colonia-Immobilien AG's ROC (Joel Greenblatt) % too high?
TAG Colonia-Immobilien AG's current ROC (Joel Greenblatt) % of 90.66% is 81% below median its 10-year median of 467.41. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. TAG Colonia-Immobilien AG's value of 90.66% is 605.5% above this industry median. Based on the distribution chart, TAG Colonia-Immobilien AG ranks #399 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, TAG Colonia-Immobilien AG has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TAG Colonia-Immobilien AG's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, TAG Colonia-Immobilien AG ranks #399 out of 1752 companies for ROC (Joel Greenblatt) %. This places TAG Colonia-Immobilien AG in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.85. TAG Colonia-Immobilien AG's value of 90.66% is 605.5% above this benchmark. While the company's 10-year median is 467.41 vs. the industry median of 12.85, TAG Colonia-Immobilien AG 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 12.85, based on 1,752 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. TAG Colonia-Immobilien AG's current ROC (Joel Greenblatt) % of 90.66% is 605.5% 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 TAG Colonia-Immobilien AG and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAG Colonia-Immobilien AG's current ROC (Joel Greenblatt) % is 90.66%, which is 81% below median its own 10-year median of 467.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Colonia-Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, TAG Colonia-Immobilien AG (HAM:KBU) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.90, compared to a current price of €5.60 — trading 14.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 90.66%, which is 81% below median its 10-year median of 467.41 and 605.5% above the Real Estate industry median of 12.85. TAG Colonia-Immobilien AG's overall GF Score™ is 58/100 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 TAG Colonia-Immobilien AG (HAM:KBU), the current ROC (Joel Greenblatt) % is 90.66% 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 TAG Colonia-Immobilien AG (HAM:KBU) Overvalued in 2026?
Based on GuruFocus' analysis, TAG Colonia-Immobilien AG stock appears to be overvalued.
The current stock price of €5.60 is trading 14.3% above its estimated GF Value™ of €4.90.
GuruFocus considers TAG Colonia-Immobilien AG to be Modestly Overvalued.
Key valuation signals for HAM:KBU:
ROC (Joel Greenblatt) %: 90.66% (81% below median its 10-year median of 467.41)
GF Value™: €4.90 vs. price of €5.60 (14.3% above fair value)
Industry Position: 605.5% above the Real Estate median (#399 of 1752)
No single metric tells the full story. See the HAM:KBU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAG Colonia-Immobilien AG is a real estate company focused on the residential property sector. The properties owned by the company and its subsidiaries are spread across various regions in Northern and Eastern Germany and North Rhine-Westphalia. Additionally, it has also expanded operations into Poland, where the business focuses not only on the development and management of a residential property portfolio but also on sales activities. The Group's portfolio comprises several thousand residential units in Germany and Poland, including a small number of commercial units. TAG's business model in Germany consists of a long-term rental business for residential units. Its operating segments are: Rental Germany, which generates the maximum revenue, Rental Poland, Sales Poland, and Others.
58GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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