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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. A1 Capital Yatirim Menkul Degerler A S's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -65.23%.
IST:A1CAP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 43.7 Med: 82.88 Max: 189.31
Current: 138.79
During the past 6 years, A1 Capital Yatirim Menkul Degerler A S's highest ROC (Joel Greenblatt) % was 189.31%. The lowest was 43.70%. And the median was 82.88%.
IST:A1CAP's ROC (Joel Greenblatt) % is ranked better than 67.36% of 677
companies
in the Capital Markets industry
Industry Median: 35.1
vs IST:A1CAP: 138.79
A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) 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.
* 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.
A1 Capital Yatirim Menkul Degerler A S ROC (Joel Greenblatt) % Chart
A1 Capital Yatirim Menkul Degerler A S Annual Data
IST:A1CAP vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, A1 Capital Yatirim Menkul Degerler A S'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.
A1 Capital Yatirim Menkul Degerler A S ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, A1 Capital Yatirim Menkul Degerler A S's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where A1 Capital Yatirim Menkul Degerler A S's ROC (Joel Greenblatt) % falls into.
A1 Capital Yatirim Menkul Degerler A S 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 -65.23% mean?
A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) has a ROC (Joel Greenblatt) % of -65.23% 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 A1 Capital Yatirim Menkul Degerler A S and its competitors. Over the past decade, A1 Capital Yatirim Menkul Degerler A S's ROC (Joel Greenblatt) % has ranged from 43.70 to 189.31. According to the industry distribution chart, A1 Capital Yatirim Menkul Degerler A S ranks #221 out of 677 companies in the Capital Markets industry, placing it in the top 32.6%.
Is A1 Capital Yatirim Menkul Degerler A S's ROC (Joel Greenblatt) % too high?
A1 Capital Yatirim Menkul Degerler A S's current ROC (Joel Greenblatt) % is -65.23%. Over the past 10 years, this metric has ranged from a low of 43.70 to a high of 189.31. Based on the distribution chart, A1 Capital Yatirim Menkul Degerler A S ranks #221 out of 677 companies in the Capital Markets industry, which is above the industry midpoint. Overall, A1 Capital Yatirim Menkul Degerler A S has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A1 Capital Yatirim Menkul Degerler A S's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, A1 Capital Yatirim Menkul Degerler A S ranks #221 out of 677 companies for ROC (Joel Greenblatt) %. This puts A1 Capital Yatirim Menkul Degerler A S in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 35.10. Historically, A1 Capital Yatirim Menkul Degerler A S's own ROC (Joel Greenblatt) % has ranged from 43.70 to 189.31 over the past decade. 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 35.10, based on 677 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. 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 A1 Capital Yatirim Menkul Degerler A S and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 35.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A1 Capital Yatirim Menkul Degerler A S's current ROC (Joel Greenblatt) % is -65.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A1 Capital Yatirim Menkul Degerler A S stock overvalued right now?
Based on GuruFocus' analysis, A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺5.79, compared to a current price of ₺9.73 — trading 68% above its estimated fair value. The current ROC (Joel Greenblatt) % is -65.23%. A1 Capital Yatirim Menkul Degerler A S's overall GF Score™ is 85/100 with 3 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 A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP), the current ROC (Joel Greenblatt) % is -65.23% 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 A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) Overvalued in 2026?
Based on GuruFocus' analysis, A1 Capital Yatirim Menkul Degerler A S stock appears to be overvalued.
The current stock price of ₺9.73 is trading 68% above its estimated GF Value™ of ₺5.79.
GuruFocus considers A1 Capital Yatirim Menkul Degerler A S to be Significantly Overvalued.
Key valuation signals for IST:A1CAP:
ROC (Joel Greenblatt) %: -65.23%
GF Value™: ₺5.79 vs. price of ₺9.73 (68% above fair value)
No single metric tells the full story. See the IST:A1CAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A1 Capital Yatirim Menkul Degerler A S Business Description
A1 Capital Yatirim Menkul Degerler A S offers solutions in all areas of capital markets. It offers a wide array of services covering capital markets such as brokerage in stock and VIOP transactions, Investment Advisory, Portfolio Management, Public Offering, Debt Instrument Issues, Company Valuation, Company Acquisitions and Mergers, Project Finance, Capital Raising, and Call Transactions. offers custom solutions. Its objective is to offer its investors the investment opportunities of the digital age.
85GF 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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