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.
Bursa Cimento Fabrikasi ASIST:BUCIM -0.79%65 ROC (Joel Greenblatt) % is 3.91% as of Mar. 2026, which is 84% below its 10-year median of 23.79. GuruFocus rates IST:BUCIM with a GF Score™ of 65/100 and a GF Value™ of ₺4.96 (Fairly Valued). The stock has 7 warning signs investors should review. Among 408 Building Materials companies, Bursa Cimento Fabrikasi AS ranks worse than 64.46% 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. Bursa Cimento Fabrikasi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.91%.
The historical rank and industry rank for Bursa Cimento Fabrikasi AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:BUCIM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.16 Med: 23.79 Max: 72.92
Current: 4.29
During the past 13 years, Bursa Cimento Fabrikasi AS's highest ROC (Joel Greenblatt) % was 72.92%. The lowest was 3.16%. And the median was 23.79%.
IST:BUCIM's ROC (Joel Greenblatt) % is ranked worse than 64.46% of 408
companies
in the Building Materials industry
Industry Median: 8.68
vs IST:BUCIM: 4.29
Bursa Cimento Fabrikasi AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -38.60% per year.
Bursa Cimento Fabrikasi AS (IST:BUCIM) 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.
Bursa Cimento Fabrikasi AS ROC (Joel Greenblatt) % Chart
IST:BUCIM vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, Bursa Cimento Fabrikasi 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.
Bursa Cimento Fabrikasi AS ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Bursa Cimento Fabrikasi AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bursa Cimento Fabrikasi AS's ROC (Joel Greenblatt) % falls into.
Bursa Cimento Fabrikasi 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 3.91% mean?
Bursa Cimento Fabrikasi AS (IST:BUCIM) has a ROC (Joel Greenblatt) % of 3.91% 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 Bursa Cimento Fabrikasi AS and its competitors. This is 84% below median its historical median of 23.79. Over the past decade, Bursa Cimento Fabrikasi AS's ROC (Joel Greenblatt) % has ranged from 3.16 to 72.92. According to the industry distribution chart, Bursa Cimento Fabrikasi AS ranks #263 out of 408 companies in the Building Materials industry, placing it in the top 64.5%.
Is Bursa Cimento Fabrikasi AS's ROC (Joel Greenblatt) % too high?
Bursa Cimento Fabrikasi AS's current ROC (Joel Greenblatt) % of 3.91% is 84% below median its 10-year median of 23.79. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 72.92. The Building Materials industry median ROC (Joel Greenblatt) % is 8.68. Bursa Cimento Fabrikasi AS's value of 3.91% is 55% below this industry median. Based on the distribution chart, Bursa Cimento Fabrikasi AS ranks #263 out of 408 companies in the Building Materials industry, which is below the industry midpoint. Overall, Bursa Cimento Fabrikasi 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 Bursa Cimento Fabrikasi AS's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Bursa Cimento Fabrikasi AS ranks #263 out of 408 companies for ROC (Joel Greenblatt) %. This places Bursa Cimento Fabrikasi AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.68. Bursa Cimento Fabrikasi AS's value of 3.91% is 55% below this benchmark. Historically, Bursa Cimento Fabrikasi AS's own ROC (Joel Greenblatt) % has ranged from 3.16 to 72.92 over the past decade. While the company's 10-year median is 23.79 vs. the industry median of 8.68, Bursa Cimento Fabrikasi 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.68, based on 408 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. Bursa Cimento Fabrikasi AS's current ROC (Joel Greenblatt) % of 3.91% is 55% 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 Bursa Cimento Fabrikasi AS and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bursa Cimento Fabrikasi AS's current ROC (Joel Greenblatt) % is 3.91%, which is 84% below median its own 10-year median of 23.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Cimento Fabrikasi AS stock overvalued right now?
Based on GuruFocus' analysis, Bursa Cimento Fabrikasi AS (IST:BUCIM) is currently considered Fairly Valued. The stock's GF Value™ is ₺4.96, compared to a current price of ₺5.00 — trading 0.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.91%, which is 84% below median its 10-year median of 23.79 and 55% below the Building Materials industry median of 8.68. Bursa Cimento Fabrikasi AS's overall GF Score™ is 65/100 with 7 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 Bursa Cimento Fabrikasi AS (IST:BUCIM), the current ROC (Joel Greenblatt) % is 3.91% 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 Bursa Cimento Fabrikasi AS (IST:BUCIM) Overvalued in 2026?
Based on GuruFocus' analysis, Bursa Cimento Fabrikasi AS stock appears to be overvalued.
The current stock price of ₺5.00 is trading 0.8% above its estimated GF Value™ of ₺4.96.
GuruFocus considers Bursa Cimento Fabrikasi AS to be Fairly Valued.
Key valuation signals for IST:BUCIM:
ROC (Joel Greenblatt) %: 3.91% (84% below median its 10-year median of 23.79)
GF Value™: ₺4.96 vs. price of ₺5.00 (0.8% above fair value)
Industry Position: 55% below the Building Materials median (#263 of 408)
No single metric tells the full story. See the IST:BUCIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bursa Cimento Fabrikasi AS is engaged in the manufacturing and distribution of cement. Its products include Portland, puzzolanic, and Portland composite cement. Together with its subsidiaries, the company is active in five sectors: Cement, Steel, Ready-Mix Concrete, Ash and Port services.
65GF Score
Get the complete analysis for IST:BUCIM
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:BUCIM has been successfully added to your 
