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. Alkim Kagitnayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -11.23%.
The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:ALKA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.23 Med: 52.54 Max: 240.48
Current: -11.23
During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest ROC (Joel Greenblatt) % was 240.48%. The lowest was -11.23%. And the median was 52.54%.
IST:ALKA's ROC (Joel Greenblatt) % is ranked worse than 83.92% of 286
companies
in the Forest Products industry
Industry Median: 4.585
vs IST:ALKA: -11.23
Alkim Kagitnayi ve Ticaret AS (IST:ALKA) 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.
Alkim Kagitnayi ve Ticaret AS ROC (Joel Greenblatt) % Chart
IST:ALKA vs SLVM: ROC (Joel Greenblatt) % Comparison
For the Paper & Paper Products subindustry, Alkim Kagitnayi 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.
Alkim Kagitnayi ve Ticaret AS ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's ROC (Joel Greenblatt) % falls into.
Alkim Kagitnayi 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 one times the annual (Dec. 2024) 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 -11.23% mean?
Alkim Kagitnayi ve Ticaret AS (IST:ALKA) has a ROC (Joel Greenblatt) % of -11.23% as of Dec. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alkim Kagitnayi ve Ticaret AS and its competitors. According to the industry distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #240 out of 286 companies in the Forest Products industry, placing it in the top 83.9%.
Is Alkim Kagitnayi ve Ticaret AS's ROC (Joel Greenblatt) % too high?
Alkim Kagitnayi ve Ticaret AS's current ROC (Joel Greenblatt) % is -11.23%. Based on the distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #240 out of 286 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Alkim Kagitnayi ve Ticaret AS has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alkim Kagitnayi ve Ticaret AS's ROC (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #240 out of 286 companies for ROC (Joel Greenblatt) %. This places Alkim Kagitnayi ve Ticaret AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.59. 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.59, based on 286 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 Alkim Kagitnayi ve Ticaret AS and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkim Kagitnayi ve Ticaret AS's current ROC (Joel Greenblatt) % is -11.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkim Kagitnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS (IST:ALKA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺7.58, compared to a current price of ₺9.26 — trading 22.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is -11.23%. Alkim Kagitnayi ve Ticaret AS's overall GF Score™ is 61/100 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA), the current ROC (Joel Greenblatt) % is -11.23% as of Dec. 2024. 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Overvalued in 2026?
Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺9.26 is trading 22.2% above its estimated GF Value™ of ₺7.58.
GuruFocus considers Alkim Kagitnayi ve Ticaret AS to be Modestly Overvalued.
Key valuation signals for IST:ALKA:
ROC (Joel Greenblatt) %: -11.23%
GF Value™: ₺7.58 vs. price of ₺9.26 (22.2% above fair value)
No single metric tells the full story. See the IST:ALKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alkim Kagitnayi ve Ticaret AS Business Description
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.
61GF Score
Get the complete analysis for IST:ALKA
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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