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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. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.98%.
IST:HRKET's ROC (Joel Greenblatt) % is ranked worse than 83.22% of 1788
companies
in the Construction industry
Industry Median: 19.47
vs IST:HRKET: -5.99
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) 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.
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ROC (Joel Greenblatt) % Chart
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROC (Joel Greenblatt) %
20.88
19.43
31.04
0.69
-8.04
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Quarterly Data
IST:HRKET vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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.
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ROC (Joel Greenblatt) % vs Construction Industry
Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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 10.98% mean?
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) has a ROC (Joel Greenblatt) % of 10.98% 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 Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS and its competitors. This is 43% below median its historical median of 19.43. According to the industry distribution chart, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks #1488 out of 1788 companies in the Construction industry, placing it in the top 83.2%.
Is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's ROC (Joel Greenblatt) % too high?
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's current ROC (Joel Greenblatt) % of 10.98% is 43% below median its 10-year median of 19.43. The Construction industry median ROC (Joel Greenblatt) % is 19.47. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's value of 10.98% is 43.6% below this industry median. Based on the distribution chart, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks #1488 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS ranks #1488 out of 1788 companies for ROC (Joel Greenblatt) %. This places Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.47. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's value of 10.98% is 43.6% below this benchmark. While the company's 10-year median is 19.43 vs. the industry median of 19.47, Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.47, based on 1,788 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. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's current ROC (Joel Greenblatt) % of 10.98% is 43.6% 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 Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's current ROC (Joel Greenblatt) % is 10.98%, which is 43% below median its own 10-year median of 19.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS stock overvalued right now?
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) has a current ROC (Joel Greenblatt) % of 10.98%. The current ROC (Joel Greenblatt) % is 10.98%, which is 43% below median its 10-year median of 19.43 and 43.6% below the Construction industry median of 19.47. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's overall GF Score™ is 10/100 with 6 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 Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET), the current ROC (Joel Greenblatt) % is 10.98% 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.
Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS is a company whose main activities consist of project transportation, crane and equipment rental, assembly, and storage services, including heavy load transportation in the energy, petrochemical, oil and gas, infrastructure construction, and shipbuilding sectors, as well as installation, commissioning, and field testing of the equipment it uses. It is engaged in the provision of services, malfunction, maintenance, and repair activities.
10GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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