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. AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.84%.
IST:AVOD's ROC (Joel Greenblatt) % is ranked worse than 60.42% of 1968
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs IST:AVOD: 8.33
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS (IST:AVOD) 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.
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS ROC (Joel Greenblatt) % Chart
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS Annual 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.
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
AVOD Kurutulmus Gida ve Tarim Urunlerinayi 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 12.84% mean?
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS (IST:AVOD) has a ROC (Joel Greenblatt) % of 12.84% 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 AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS and its competitors. This is 64% above median its historical median of 7.85. According to the industry distribution chart, AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS ranks #1189 out of 1968 companies in the Consumer Packaged Goods industry, placing it in the top 60.4%.
Is AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's ROC (Joel Greenblatt) % too high?
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's current ROC (Joel Greenblatt) % of 12.84% is 64% above median its 10-year median of 7.85. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's value of 12.84% is 7.1% above this industry median. Based on the distribution chart, AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS ranks #1189 out of 1968 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS ranks #1189 out of 1968 companies for ROC (Joel Greenblatt) %. This places AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's value of 12.84% is 7.1% above this benchmark. While the company's 10-year median is 7.85 vs. the industry median of 11.99, AVOD Kurutulmus Gida ve Tarim Urunlerinayi 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,968 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. AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's current ROC (Joel Greenblatt) % of 12.84% is 7.1% 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 AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's current ROC (Joel Greenblatt) % is 12.84%, which is 64% above median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS (IST:AVOD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺3.77, compared to a current price of ₺4.20 — trading 11.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.84%, which is 64% above median its 10-year median of 7.85 and 7.1% above the Consumer Packaged Goods industry median of 11.99. AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS's overall GF Score™ is 40/100 with 9 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 AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS (IST:AVOD), the current ROC (Joel Greenblatt) % is 12.84% 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 AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS (IST:AVOD) Overvalued in 2026?
Based on GuruFocus' analysis, AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS stock appears to be overvalued.
The current stock price of ₺4.20 is trading 11.4% above its estimated GF Value™ of ₺3.77.
GuruFocus considers AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS to be Modestly Overvalued.
Key valuation signals for IST:AVOD:
ROC (Joel Greenblatt) %: 12.84% (64% above median its 10-year median of 7.85)
GF Value™: ₺3.77 vs. price of ₺4.20 (11.4% above fair value)
Industry Position: 7.1% above the Consumer Packaged Goods median (#1189 of 1968)
No single metric tells the full story. See the IST:AVOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVOD Kurutulmus Gida ve Tarim Urunlerinayi Ticaret AS Business Description
AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS is engaged in the production and wholesale trade of dried vegetables and derivatives. Its products include tomatoes, capsicums, eggplants, olives, capers, a wide range of peppers, honey and herbs.
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