LTC PropertiesHAM:LTP -0.88%87 ROC (Joel Greenblatt) % is 5,684.51% as of Mar. 2026, which is 999% above its 10-year median of 517.30. GuruFocus rates HAM:LTP with a GF Score™ of 87/100 and a GF Value™ of €42.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 588 REITs companies, LTC Properties ranks better than 90.14% 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. LTC Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5,684.51%.
The historical rank and industry rank for LTC Properties's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:LTP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 373.05 Med: 517.3 Max: 6501.73
Current: 6501.73
During the past 13 years, LTC Properties's highest ROC (Joel Greenblatt) % was 6501.73%. The lowest was 373.05%. And the median was 517.30%.
HAM:LTP's ROC (Joel Greenblatt) % is ranked better than 90.14% of 588
companies
in the REITs industry
Industry Median: 178.7
vs HAM:LTP: 6501.73
LTC Properties's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
LTC Properties ROC (Joel Greenblatt) % Related Terms
LTC Properties ROC (Joel Greenblatt) % Historical Data
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The historical data trend for LTC 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.
HAM:LTP vs SILA, DHC, MPT: ROC (Joel Greenblatt) % Comparison
For the REIT - Healthcare Facilities subindustry, LTC 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.
LTC Properties ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, LTC Properties's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where LTC Properties'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 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 5,684.51% mean?
LTC Properties (HAM:LTP) has a ROC (Joel Greenblatt) % of 5,684.51% 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 LTC Properties and its competitors. This is 999% above median its historical median of 517.30. Over the past decade, LTC Properties' ROC (Joel Greenblatt) % has ranged from 373.05 to 6,501.73. According to the industry distribution chart, LTC Properties ranks #58 out of 588 companies in the REITs industry, placing it in the top 9.9%.
Is LTC Properties' ROC (Joel Greenblatt) % too high?
LTC Properties' current ROC (Joel Greenblatt) % of 5,684.51% is 999% above median its 10-year median of 517.30. Over the past 10 years, this metric has ranged from a low of 373.05 to a high of 6,501.73. The REITs industry median ROC (Joel Greenblatt) % is 178.70. LTC Properties' value of 5,684.51% is 3081% above this industry median. Based on the distribution chart, LTC Properties ranks #58 out of 588 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, LTC Properties has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' ROC (Joel Greenblatt) % compare to SILA and DHC?
According to the REITs industry distribution chart, LTC Properties ranks #58 out of 588 companies for ROC (Joel Greenblatt) %. This places LTC Properties in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 178.70. LTC Properties' value of 5,684.51% is 3081% above this benchmark. Historically, LTC Properties' own ROC (Joel Greenblatt) % has ranged from 373.05 to 6,501.73 over the past decade. While the company's 10-year median is 517.30 vs. the industry median of 178.70, LTC 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 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. LTC Properties's current ROC (Joel Greenblatt) % of 5,684.51% is 3081% 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 LTC Properties 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. LTC Properties's current ROC (Joel Greenblatt) % is 5,684.51%, which is 999% above median its own 10-year median of 517.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (HAM:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.64, compared to a current price of €33.96 — trading 20.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5,684.51%, which is 999% above median its 10-year median of 517.30 and 3081% above the REITs industry median of 178.70. LTC Properties' overall GF Score™ is 87/100 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 LTC Properties (HAM:LTP), the current ROC (Joel Greenblatt) % is 5,684.51% 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 LTC Properties (HAM:LTP) Overvalued in 2026?
Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued.
The current stock price of €33.96 is trading 20.4% below its estimated GF Value™ of €42.64.
GuruFocus considers LTC Properties to be Modestly Undervalued.
Key valuation signals for HAM:LTP:
ROC (Joel Greenblatt) %: 5,684.51% (999% above median its 10-year median of 517.30)
GF Value™: €42.64 vs. price of €33.96 (20.4% below fair value)
Industry Position: 3081% above the REITs median (#58 of 588)
No single metric tells the full story. See the HAM:LTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
87GF Score
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