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Suntec Real Estate Investment TrustHAM:P3G +0.03%55 ROC (Joel Greenblatt) % is 15,652.61% as of Dec. 2025, which is 17% below its 10-year median of 18,923.15. GuruFocus rates HAM:P3G with a GF Score™ of 55/100 and a GF Value™ of €0.79 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 583 REITs companies, Suntec Real Estate Investment Trust ranks better than 92.97% 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. Suntec Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15,652.61%.
The historical rank and industry rank for Suntec Real Estate Investment Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:P3G'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1412.62 Med: 18923.15 Max: 59015.61
Current: 14354.29
During the past 13 years, Suntec Real Estate Investment Trust's highest ROC (Joel Greenblatt) % was 59015.61%. The lowest was -1412.62%. And the median was 18923.15%.
HAM:P3G's ROC (Joel Greenblatt) % is ranked better than 92.97% of 583
companies
in the REITs industry
Industry Median: 179.69
vs HAM:P3G: 14354.29
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.
* 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.
Suntec Real Estate Investment Trust ROC (Joel Greenblatt) % Chart
HAM:P3G vs VICI, WPC, BNL: ROC (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Suntec Real Estate Investment 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.
Suntec Real Estate Investment Trust ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Suntec Real Estate Investment Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Suntec Real Estate Investment Trust's ROC (Joel Greenblatt) % falls into.
Suntec Real Estate Investment Trust 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 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 15,652.61% mean?
Suntec Real Estate Investment Trust (HAM:P3G) has a ROC (Joel Greenblatt) % of 15,652.61% 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 Suntec Real Estate Investment Trust and its competitors. This is 17% below median its historical median of 18,923.15. According to the industry distribution chart, Suntec Real Estate Investment Trust ranks #41 out of 583 companies in the REITs industry, placing it in the top 7%.
Is Suntec Real Estate Investment Trust's ROC (Joel Greenblatt) % too high?
Suntec Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 15,652.61% is 17% below median its 10-year median of 18,923.15. The REITs industry median ROC (Joel Greenblatt) % is 179.69. Suntec Real Estate Investment Trust's value of 15,652.61% is 8610.9% above this industry median. Based on the distribution chart, Suntec Real Estate Investment Trust ranks #41 out of 583 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Suntec Real Estate Investment Trust has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suntec Real Estate Investment Trust's ROC (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Suntec Real Estate Investment Trust ranks #41 out of 583 companies for ROC (Joel Greenblatt) %. This places Suntec Real Estate Investment Trust in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 179.69. Suntec Real Estate Investment Trust's value of 15,652.61% is 8610.9% above this benchmark. While the company's 10-year median is 18,923.15 vs. the industry median of 179.69, Suntec Real Estate Investment 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 179.69, based on 583 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. Suntec Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 15,652.61% is 8610.9% 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 Suntec Real Estate Investment Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 179.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suntec Real Estate Investment Trust's current ROC (Joel Greenblatt) % is 15,652.61%, which is 17% below median its own 10-year median of 18,923.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suntec Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Suntec Real Estate Investment Trust (HAM:P3G) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.79, compared to a current price of €0.98 — trading 24.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15,652.61%, which is 17% below median its 10-year median of 18,923.15 and 8610.9% above the REITs industry median of 179.69. Suntec Real Estate Investment Trust's overall GF Score™ is 55/100 with 9 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 Suntec Real Estate Investment Trust (HAM:P3G), the current ROC (Joel Greenblatt) % is 15,652.61% 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 Suntec Real Estate Investment Trust (HAM:P3G) Overvalued in 2026?
Based on GuruFocus' analysis, Suntec Real Estate Investment Trust stock appears to be overvalued.
The current stock price of €0.98 is trading 24.1% above its estimated GF Value™ of €0.79.
GuruFocus considers Suntec Real Estate Investment Trust to be Modestly Overvalued.
Key valuation signals for HAM:P3G:
ROC (Joel Greenblatt) %: 15,652.61% (17% below median its 10-year median of 18,923.15)
GF Value™: €0.79 vs. price of €0.98 (24.1% above fair value)
Industry Position: 8610.9% above the REITs median (#41 of 583)
No single metric tells the full story. See the HAM:P3G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suntec Real Estate Investment Trust Business Description
Suntec REIT owns a SGD 12.2 billion portfolio (as of March 31, 2026) of income-producing office and retail properties in Singapore, Australia, and the UK. The majority of its assets, based on asset values, are offices (78%) and located in Singapore (72%). Its flagship asset is Suntec City, one of Singapore's largest integrated developments, consisting of offices, retail, and a convention center. The trust is externally managed by Suntec Trust Management, a wholly owned subsidiary of Tang Organization that has a 36% stake in Suntec REIT.
55GF Score
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