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. Hub Girisim Sermayesi Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 181.06%.
IST:HUBVC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4915.13 Med: 289.73 Max: 32152.24
Current: -1538.11
During the past 13 years, Hub Girisim Sermayesi Yatirim Ortakligi AS's highest ROC (Joel Greenblatt) % was 32152.24%. The lowest was -4915.13%. And the median was 289.73%.
IST:HUBVC's ROC (Joel Greenblatt) % is ranked worse than 90.1% of 626
companies
in the Asset Management industry
Industry Median: 62.7
vs IST:HUBVC: -1538.11
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.
IST:HUBVC vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Hub Girisim Sermayesi 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.
Hub Girisim Sermayesi Yatirim Ortakligi AS ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hub Girisim Sermayesi Yatirim Ortakligi AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hub Girisim Sermayesi Yatirim Ortakligi AS's ROC (Joel Greenblatt) % falls into.
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 181.06% mean?
Hub Girisim Sermayesi Yatirim Ortakligi AS (IST:HUBVC) has a ROC (Joel Greenblatt) % of 181.06% 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 Hub Girisim Sermayesi Yatirim Ortakligi AS and its competitors. This is 38% below median its historical median of 289.73. According to the industry distribution chart, Hub Girisim Sermayesi Yatirim Ortakligi AS ranks #564 out of 626 companies in the Asset Management industry, placing it in the top 90.1%.
Is Hub Girisim Sermayesi Yatirim Ortakligi AS's ROC (Joel Greenblatt) % too high?
Hub Girisim Sermayesi Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % of 181.06% is 38% below median its 10-year median of 289.73. The Asset Management industry median ROC (Joel Greenblatt) % is 62.70. Hub Girisim Sermayesi Yatirim Ortakligi AS's value of 181.06% is 188.8% above this industry median. Based on the distribution chart, Hub Girisim Sermayesi Yatirim Ortakligi AS ranks #564 out of 626 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Hub Girisim Sermayesi Yatirim Ortakligi AS has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hub Girisim Sermayesi Yatirim Ortakligi AS's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hub Girisim Sermayesi Yatirim Ortakligi AS ranks #564 out of 626 companies for ROC (Joel Greenblatt) %. This places Hub Girisim Sermayesi Yatirim Ortakligi AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 62.70. Hub Girisim Sermayesi Yatirim Ortakligi AS's value of 181.06% is 188.8% above this benchmark. While the company's 10-year median is 289.73 vs. the industry median of 62.70, Hub Girisim Sermayesi Yatirim Ortakligi 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.70, based on 626 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. Hub Girisim Sermayesi Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % of 181.06% is 188.8% 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 Hub Girisim Sermayesi Yatirim Ortakligi AS and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hub Girisim Sermayesi Yatirim Ortakligi AS's current ROC (Joel Greenblatt) % is 181.06%, which is 38% below median its own 10-year median of 289.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hub Girisim Sermayesi Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Hub Girisim Sermayesi Yatirim Ortakligi AS (IST:HUBVC) is currently considered Possible Value Trap. The stock's GF Value™ is ₺8.52, compared to a current price of ₺2.87 — trading 66.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 181.06%, which is 38% below median its 10-year median of 289.73 and 188.8% above the Asset Management industry median of 62.70. Hub Girisim Sermayesi Yatirim Ortakligi AS's overall GF Score™ is 38/100 with 2 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 Hub Girisim Sermayesi Yatirim Ortakligi AS (IST:HUBVC), the current ROC (Joel Greenblatt) % is 181.06% 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 Hub Girisim Sermayesi Yatirim Ortakligi AS (IST:HUBVC) Overvalued in 2026?
Based on GuruFocus' analysis, Hub Girisim Sermayesi Yatirim Ortakligi AS stock appears to be undervalued.
The current stock price of ₺2.87 is trading 66.3% below its estimated GF Value™ of ₺8.52.
GuruFocus considers Hub Girisim Sermayesi Yatirim Ortakligi AS to be Possible Value Trap.
Key valuation signals for IST:HUBVC:
ROC (Joel Greenblatt) %: 181.06% (38% below median its 10-year median of 289.73)
GF Value™: ₺8.52 vs. price of ₺2.87 (66.3% below fair value)
Industry Position: 188.8% above the Asset Management median (#564 of 626)
No single metric tells the full story. See the IST:HUBVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hub Girisim Sermayesi Yatirim Ortakligi AS Business Description
Hub Girisim Sermayesi Yatirim Ortakligi AS is a portfolio management company engaged in managing capital market instruments, as well as gold and other precious metals traded in organized markets.
38GF Score
Get the complete analysis for IST:HUBVC
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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