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CAN2 Termik ASIST:CANTE -1.65%45 ROC (Joel Greenblatt) % is -1.51% as of Mar. 2026. GuruFocus rates IST:CANTE with a GF Score™ of 45/100 and a GF Value™ of ₺0.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 440 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks worse than 81.36% 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. CAN2 Termik AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.51%.
The historical rank and industry rank for CAN2 Termik AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:CANTE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.32 Med: 0.63 Max: 27.73
Current: -4.32
During the past 9 years, CAN2 Termik AS's highest ROC (Joel Greenblatt) % was 27.73%. The lowest was -4.32%. And the median was 0.63%.
IST:CANTE's ROC (Joel Greenblatt) % is ranked worse than 81.36% of 440
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.425
vs IST:CANTE: -4.32
CAN2 Termik AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
CAN2 Termik AS (IST:CANTE) 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.
CAN2 Termik AS ROC (Joel Greenblatt) % Related Terms
CAN2 Termik AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CAN2 Termik AS's ROC (Joel Greenblatt) % can be seen below:
* 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:CANTE vs CEG, VST, NRG: ROC (Joel Greenblatt) % Comparison
For the Utilities - Independent Power Producers subindustry, CAN2 Termik 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.
CAN2 Termik AS ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CAN2 Termik AS's ROC (Joel Greenblatt) % falls into.
CAN2 Termik 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 -1.51% mean?
CAN2 Termik AS (IST:CANTE) has a ROC (Joel Greenblatt) % of -1.51% 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 CAN2 Termik AS and its competitors. According to the industry distribution chart, CAN2 Termik AS ranks #358 out of 440 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.4%.
Is CAN2 Termik AS's ROC (Joel Greenblatt) % too high?
CAN2 Termik AS's current ROC (Joel Greenblatt) % is -1.51%. Based on the distribution chart, CAN2 Termik AS ranks #358 out of 440 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's ROC (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #358 out of 440 companies for ROC (Joel Greenblatt) %. This places CAN2 Termik AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.43. 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 an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.43, based on 440 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 CAN2 Termik AS and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAN2 Termik AS's current ROC (Joel Greenblatt) % is -1.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.74, compared to a current price of ₺1.19 — trading 60.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is -1.51%. CAN2 Termik AS's overall GF Score™ is 45/100 with 5 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 CAN2 Termik AS (IST:CANTE), the current ROC (Joel Greenblatt) % is -1.51% 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?
Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued.
The current stock price of ₺1.19 is trading 60.8% above its estimated GF Value™ of ₺0.74.
GuruFocus considers CAN2 Termik AS to be Significantly Overvalued.
Key valuation signals for IST:CANTE:
ROC (Joel Greenblatt) %: -1.51%
GF Value™: ₺0.74 vs. price of ₺1.19 (60.8% above fair value)
No single metric tells the full story. See the IST:CANTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
45GF Score
Get the complete analysis for IST:CANTE
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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