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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. Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.77%.
IST:ATATR's ROC (Joel Greenblatt) % is ranked worse than 72.37% of 847
companies
in the Travel & Leisure industry
Industry Median: 9.91
vs IST:ATATR: 0.69
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS (IST:ATATR) 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.
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS ROC (Joel Greenblatt) % Chart
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS Annual Data
Trend
Dec22
Dec23
Dec24
ROC (Joel Greenblatt) %
23.42
17.30
78.73
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS Quarterly Data
* 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.
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS ROC (Joel Greenblatt) % vs Travel & Leisure Industry
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis 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 2.77% mean?
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS (IST:ATATR) has a ROC (Joel Greenblatt) % of 2.77% 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 Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS and its competitors. This is 88% below median its historical median of 23.42. Over the past decade, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's ROC (Joel Greenblatt) % has ranged from 0.69 to 78.73. According to the industry distribution chart, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS ranks #613 out of 847 companies in the Travel & Leisure industry, placing it in the top 72.4%.
Is Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's ROC (Joel Greenblatt) % too high?
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's current ROC (Joel Greenblatt) % of 2.77% is 88% below median its 10-year median of 23.42. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 78.73. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.91. Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's value of 2.77% is 72% below this industry median. Based on the distribution chart, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS ranks #613 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's ROC (Joel Greenblatt) % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS ranks #613 out of 847 companies for ROC (Joel Greenblatt) %. This places Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.91. Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's value of 2.77% is 72% below this benchmark. Historically, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's own ROC (Joel Greenblatt) % has ranged from 0.69 to 78.73 over the past decade. While the company's 10-year median is 23.42 vs. the industry median of 9.91, Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS has consistently been below 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.91, based on 847 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. Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's current ROC (Joel Greenblatt) % of 2.77% is 72% below 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 Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's current ROC (Joel Greenblatt) % is 2.77%, which is 88% below median its own 10-year median of 23.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS stock overvalued right now?
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS (IST:ATATR) has a current ROC (Joel Greenblatt) % of 2.77%. The current ROC (Joel Greenblatt) % is 2.77%, which is 88% below median its 10-year median of 23.42 and 72% below the Travel & Leisure industry median of 9.91. Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS's overall GF Score™ is 22/100. 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 Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS (IST:ATATR), the current ROC (Joel Greenblatt) % is 2.77% 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.
Ata Turizm Isletmecilik Tasimacilik Mad Kuyn ve Dis Ticaret AS Business Description
Ata Turizm Isletmecilik Tasimacilik Mad Kuy San ve Dis Ticaret AS is engaged in the Hotel Management, Restaurant Management, Mining, and Aviation sectors.
22GF Score
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