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. Atlas Menkul Kiymetler Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 178,466.67%.
IST:ATLAS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4600 Med: 92335.24 Max: 414233.33
Current: 131541.45
During the past 13 years, Atlas Menkul Kiymetler Yatirim Ortakligi AS's highest ROC (Joel Greenblatt) % was 414233.33%. The lowest was -4600.00%. And the median was 92335.24%.
IST:ATLAS's ROC (Joel Greenblatt) % is ranked better than 99.71% of 678
companies
in the Capital Markets industry
Industry Median: 34.64
vs IST:ATLAS: 131541.45
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.
IST:ATLAS vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Atlas Menkul Kiymetler Yatirim Ortakligi 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.
Atlas Menkul Kiymetler Yatirim Ortakligi AS ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Atlas Menkul Kiymetler Yatirim Ortakligi AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Atlas Menkul Kiymetler Yatirim Ortakligi AS's ROC (Joel Greenblatt) % falls into.
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 178,466.67% mean?
Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) has a ROC (Joel Greenblatt) % of 178,466.67% 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS and its competitors. This is 93% above median its historical median of 92,335.24. According to the industry distribution chart, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks #2 out of 678 companies in the Capital Markets industry, placing it in the top 0.3%.
Is Atlas Menkul Kiymetler Yatirim Ortakligi AS's ROC (Joel Greenblatt) % too high?
Atlas Menkul Kiymetler Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % of 178,466.67% is 93% above median its 10-year median of 92,335.24. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.64. Atlas Menkul Kiymetler Yatirim Ortakligi AS's value of 178,466.67% is 515104% above this industry median. Based on the distribution chart, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks #2 out of 678 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Atlas Menkul Kiymetler Yatirim Ortakligi AS has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atlas Menkul Kiymetler Yatirim Ortakligi AS's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks #2 out of 678 companies for ROC (Joel Greenblatt) %. This places Atlas Menkul Kiymetler Yatirim Ortakligi AS in the top 0% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 34.64. Atlas Menkul Kiymetler Yatirim Ortakligi AS's value of 178,466.67% is 515104% above this benchmark. While the company's 10-year median is 92,335.24 vs. the industry median of 34.64, Atlas Menkul Kiymetler Yatirim Ortakligi 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.64, based on 678 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. Atlas Menkul Kiymetler Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % of 178,466.67% is 515104% 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Menkul Kiymetler Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % is 178,466.67%, which is 93% above median its own 10-year median of 92,335.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Menkul Kiymetler Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) is currently considered Fairly Valued. The stock's GF Value™ is ₺7.94, compared to a current price of ₺8.33 — trading 4.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 178,466.67%, which is 93% above median its 10-year median of 92,335.24 and 515104% above the Capital Markets industry median of 34.64. Atlas Menkul Kiymetler Yatirim Ortakligi AS's overall GF Score™ is 65/100 with 1 warning sign 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS), the current ROC (Joel Greenblatt) % is 178,466.67% 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Menkul Kiymetler Yatirim Ortakligi AS stock appears to be overvalued.
The current stock price of ₺8.33 is trading 4.9% above its estimated GF Value™ of ₺7.94.
GuruFocus considers Atlas Menkul Kiymetler Yatirim Ortakligi AS to be Fairly Valued.
Key valuation signals for IST:ATLAS:
ROC (Joel Greenblatt) %: 178,466.67% (93% above median its 10-year median of 92,335.24)
GF Value™: ₺7.94 vs. price of ₺8.33 (4.9% above fair value)
Industry Position: 515104% above the Capital Markets median (#2 of 678)
No single metric tells the full story. See the IST:ATLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Menkul Kiymetler Yatirim Ortakligi AS Business Description
Atlas Menkul Kiymetler Yatirim Ortakligi AS is an investment company. It is engaged in a trading portfolio of capital market instruments traded on national, international or other organized over-the-counter markets.
65GF Score
Get the complete analysis for IST:ATLAS
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:ATLAS has been successfully added to your 
