Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Akfen Insaat Turizm Ve Ticaret ASIST:AKFIS -1.58%7 ROC (Joel Greenblatt) % is 119.72% as of Mar. 2026, which is 3% below its 10-year median of 123.14. GuruFocus rates IST:AKFIS with a GF Score™ of 7/100. The stock has 8 warning signs investors should review. Among 1,752 Real Estate companies, Akfen Insaat Turizm Ve Ticaret AS ranks better than 77.17% 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. Akfen Insaat Turizm Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 119.72%.
The historical rank and industry rank for Akfen Insaat Turizm Ve Ticaret AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:AKFIS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 59.17 Med: 123.14 Max: 127.24
Current: 90.01
During the past 5 years, Akfen Insaat Turizm Ve Ticaret AS's highest ROC (Joel Greenblatt) % was 127.24%. The lowest was 59.17%. And the median was 123.14%.
IST:AKFIS's ROC (Joel Greenblatt) % is ranked better than 77.17% of 1752
companies
in the Real Estate industry
Industry Median: 13.105
vs IST:AKFIS: 90.01
Akfen Insaat Turizm Ve Ticaret AS (IST:AKFIS) 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.
Akfen Insaat Turizm Ve Ticaret AS ROC (Joel Greenblatt) % Chart
Akfen Insaat Turizm Ve Ticaret AS ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Akfen Insaat Turizm Ve Ticaret AS'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.
Akfen Insaat Turizm Ve Ticaret AS ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Akfen Insaat Turizm Ve Ticaret AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Akfen Insaat Turizm Ve Ticaret AS's ROC (Joel Greenblatt) % falls into.
Akfen Insaat Turizm Ve Ticaret AS 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 119.72% mean?
Akfen Insaat Turizm Ve Ticaret AS (IST:AKFIS) has a ROC (Joel Greenblatt) % of 119.72% 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 Akfen Insaat Turizm Ve Ticaret AS and its competitors. This is near median its historical median of 123.14. Over the past decade, Akfen Insaat Turizm Ve Ticaret AS's ROC (Joel Greenblatt) % has ranged from 59.17 to 127.24. According to the industry distribution chart, Akfen Insaat Turizm Ve Ticaret AS ranks #400 out of 1752 companies in the Real Estate industry, placing it in the top 22.8%.
Is Akfen Insaat Turizm Ve Ticaret AS's ROC (Joel Greenblatt) % too high?
Akfen Insaat Turizm Ve Ticaret AS's current ROC (Joel Greenblatt) % of 119.72% is near median its 10-year median of 123.14. Over the past 10 years, this metric has ranged from a low of 59.17 to a high of 127.24. The Real Estate industry median ROC (Joel Greenblatt) % is 13.11. Akfen Insaat Turizm Ve Ticaret AS's value of 119.72% is 813.5% above this industry median. Based on the distribution chart, Akfen Insaat Turizm Ve Ticaret AS ranks #400 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Akfen Insaat Turizm Ve Ticaret AS has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Akfen Insaat Turizm Ve Ticaret AS's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Akfen Insaat Turizm Ve Ticaret AS ranks #400 out of 1752 companies for ROC (Joel Greenblatt) %. This places Akfen Insaat Turizm Ve Ticaret AS in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.11. Akfen Insaat Turizm Ve Ticaret AS's value of 119.72% is 813.5% above this benchmark. Historically, Akfen Insaat Turizm Ve Ticaret AS's own ROC (Joel Greenblatt) % has ranged from 59.17 to 127.24 over the past decade. While the company's 10-year median is 123.14 vs. the industry median of 13.11, Akfen Insaat Turizm Ve Ticaret AS 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 13.11, 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. Akfen Insaat Turizm Ve Ticaret AS's current ROC (Joel Greenblatt) % of 119.72% is 813.5% 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 Akfen Insaat Turizm Ve Ticaret AS and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akfen Insaat Turizm Ve Ticaret AS's current ROC (Joel Greenblatt) % is 119.72%, which is near median its own 10-year median of 123.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akfen Insaat Turizm Ve Ticaret AS stock overvalued right now?
Akfen Insaat Turizm Ve Ticaret AS (IST:AKFIS) has a current ROC (Joel Greenblatt) % of 119.72%. The current ROC (Joel Greenblatt) % is 119.72%, which is near median its 10-year median of 123.14 and 813.5% above the Real Estate industry median of 13.11. Akfen Insaat Turizm Ve Ticaret AS's overall GF Score™ is 7/100 with 8 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 Akfen Insaat Turizm Ve Ticaret AS (IST:AKFIS), the current ROC (Joel Greenblatt) % is 119.72% 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.
Akfen Insaat Turizm Ve Ticaret AS is engaged in the construction and infrastructure sector. The company focuses on large-scale projects and public-private partnership (PPP) investments, initially focused on contracting and completing infrastructure projects, the company has diversified into healthcare, education, and real estate, with a portfolio of PPP hospitals, student housing, and residential/commercial units.
7GF Score
Get the complete analysis for IST:AKFIS
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:AKFIS has been successfully added to your 
