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Fuzul Gayrimenkul Yatirim Ortakligi ASIST:FZLGY -1.34%34 ROC (Joel Greenblatt) % is 11.02% as of Mar. 2026, which is 110% above its 10-year median of 5.24. GuruFocus rates IST:FZLGY with a GF Score™ of 34/100. The stock has 9 warning signs investors should review. Among 576 REITs companies, Fuzul Gayrimenkul Yatirim Ortakligi AS ranks worse than 86.63% 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. Fuzul Gayrimenkul Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.02%.
IST:FZLGY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -152.94 Med: 5.24 Max: 287.8
Current: 0.98
During the past 6 years, Fuzul Gayrimenkul Yatirim Ortakligi AS's highest ROC (Joel Greenblatt) % was 287.80%. The lowest was -152.94%. And the median was 5.24%.
IST:FZLGY's ROC (Joel Greenblatt) % is ranked worse than 86.63% of 576
companies
in the REITs industry
Industry Median: 174.08
vs IST:FZLGY: 0.98
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.
Fuzul Gayrimenkul Yatirim Ortakligi AS ROC (Joel Greenblatt) % Chart
Fuzul Gayrimenkul Yatirim Ortakligi AS Annual Data
IST:FZLGY vs AVB, EQR, ESS: ROC (Joel Greenblatt) % Comparison
For the REIT - Residential subindustry, Fuzul Gayrimenkul 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.
Fuzul Gayrimenkul Yatirim Ortakligi AS ROC (Joel Greenblatt) % vs REITs Industry
Fuzul Gayrimenkul Yatirim Ortakligi 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 11.02% mean?
Fuzul Gayrimenkul Yatirim Ortakligi AS (IST:FZLGY) has a ROC (Joel Greenblatt) % of 11.02% 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 Fuzul Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 110% above median its historical median of 5.24. According to the industry distribution chart, Fuzul Gayrimenkul Yatirim Ortakligi AS ranks #499 out of 576 companies in the REITs industry, placing it in the top 86.6%.
Is Fuzul Gayrimenkul Yatirim Ortakligi AS's ROC (Joel Greenblatt) % too high?
Fuzul Gayrimenkul Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % of 11.02% is 110% above median its 10-year median of 5.24. The REITs industry median ROC (Joel Greenblatt) % is 174.08. Fuzul Gayrimenkul Yatirim Ortakligi AS's value of 11.02% is 93.7% below this industry median. Based on the distribution chart, Fuzul Gayrimenkul Yatirim Ortakligi AS ranks #499 out of 576 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fuzul Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Fuzul Gayrimenkul Yatirim Ortakligi AS's ROC (Joel Greenblatt) % compare to AVB and EQR?
According to the REITs industry distribution chart, Fuzul Gayrimenkul Yatirim Ortakligi AS ranks #499 out of 576 companies for ROC (Joel Greenblatt) %. This places Fuzul Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 174.08. Fuzul Gayrimenkul Yatirim Ortakligi AS's value of 11.02% is 93.7% below this benchmark. While the company's 10-year median is 5.24 vs. the industry median of 174.08, Fuzul Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 174.08, based on 576 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. Fuzul Gayrimenkul Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % of 11.02% is 93.7% 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 Fuzul Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 174.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuzul Gayrimenkul Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % is 11.02%, which is 110% above median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuzul Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Fuzul Gayrimenkul Yatirim Ortakligi AS (IST:FZLGY) has a current ROC (Joel Greenblatt) % of 11.02%. The current ROC (Joel Greenblatt) % is 11.02%, which is 110% above median its 10-year median of 5.24 and 93.7% below the REITs industry median of 174.08. Fuzul Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 34/100 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 Fuzul Gayrimenkul Yatirim Ortakligi AS (IST:FZLGY), the current ROC (Joel Greenblatt) % is 11.02% 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.
Fuzul Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust that designs and develops residential projects. It operates a portfolio consisting of real estate, real estate projects, real estate-based rights, capital market instruments, and other assets.
34GF Score
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