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. Kaleseramik Canakkale Kalebodur Seramiknayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.25%.
IST:KLSER's ROC (Joel Greenblatt) % is ranked worse than 76.35% of 1776
companies
in the Construction industry
Industry Median: 19.375
vs IST:KLSER: 1.98
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.
Kaleseramik Canakkale Kalebodur Seramiknayi AS ROC (Joel Greenblatt) % Chart
Kaleseramik Canakkale Kalebodur Seramiknayi AS Annual Data
IST:KLSER vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Kaleseramik Canakkale Kalebodur Seramiknayi 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.
Kaleseramik Canakkale Kalebodur Seramiknayi AS ROC (Joel Greenblatt) % vs Construction Industry
Kaleseramik Canakkale Kalebodur Seramiknayi 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 14.25% mean?
Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) has a ROC (Joel Greenblatt) % of 14.25% 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 Kaleseramik Canakkale Kalebodur Seramiknayi AS and its competitors. This is 38% below median its historical median of 22.91. According to the industry distribution chart, Kaleseramik Canakkale Kalebodur Seramiknayi AS ranks #1356 out of 1776 companies in the Construction industry, placing it in the top 76.4%.
Is Kaleseramik Canakkale Kalebodur Seramiknayi AS's ROC (Joel Greenblatt) % too high?
Kaleseramik Canakkale Kalebodur Seramiknayi AS's current ROC (Joel Greenblatt) % of 14.25% is 38% below median its 10-year median of 22.91. The Construction industry median ROC (Joel Greenblatt) % is 19.38. Kaleseramik Canakkale Kalebodur Seramiknayi AS's value of 14.25% is 26.5% below this industry median. Based on the distribution chart, Kaleseramik Canakkale Kalebodur Seramiknayi AS ranks #1356 out of 1776 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kaleseramik Canakkale Kalebodur Seramiknayi AS has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaleseramik Canakkale Kalebodur Seramiknayi AS's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Kaleseramik Canakkale Kalebodur Seramiknayi AS ranks #1356 out of 1776 companies for ROC (Joel Greenblatt) %. This places Kaleseramik Canakkale Kalebodur Seramiknayi AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.38. Kaleseramik Canakkale Kalebodur Seramiknayi AS's value of 14.25% is 26.5% below this benchmark. While the company's 10-year median is 22.91 vs. the industry median of 19.38, Kaleseramik Canakkale Kalebodur Seramiknayi 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 19.38, based on 1,776 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. Kaleseramik Canakkale Kalebodur Seramiknayi AS's current ROC (Joel Greenblatt) % of 14.25% is 26.5% 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 Kaleseramik Canakkale Kalebodur Seramiknayi AS and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaleseramik Canakkale Kalebodur Seramiknayi AS's current ROC (Joel Greenblatt) % is 14.25%, which is 38% below median its own 10-year median of 22.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaleseramik Canakkale Kalebodur Seramiknayi AS stock overvalued right now?
Based on GuruFocus' analysis, Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) is currently considered Possible Value Trap. The stock's GF Value™ is ₺52.11, compared to a current price of ₺26.24 — trading 49.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.25%, which is 38% below median its 10-year median of 22.91 and 26.5% below the Construction industry median of 19.38. Kaleseramik Canakkale Kalebodur Seramiknayi AS's overall GF Score™ is 42/100 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 Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER), the current ROC (Joel Greenblatt) % is 14.25% 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 Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) Overvalued in 2026?
Based on GuruFocus' analysis, Kaleseramik Canakkale Kalebodur Seramiknayi AS stock appears to be undervalued.
The current stock price of ₺26.24 is trading 49.6% below its estimated GF Value™ of ₺52.11.
GuruFocus considers Kaleseramik Canakkale Kalebodur Seramiknayi AS to be Possible Value Trap.
Key valuation signals for IST:KLSER:
ROC (Joel Greenblatt) %: 14.25% (38% below median its 10-year median of 22.91)
GF Value™: ₺52.11 vs. price of ₺26.24 (49.6% below fair value)
Industry Position: 26.5% below the Construction median (#1356 of 1776)
No single metric tells the full story. See the IST:KLSER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaleseramik Canakkale Kalebodur Seramiknayi AS Business Description
Kaleseramik Canakkale Kalebodur Seramik Sanayi AS manufactures acrylic bathtubs and also has been continuing its production in main groups, namely bathrooms, spa, heat, plumbing, glass, and infrastructure. The firm provides products under Panel Radiators, Sanica Condensing Boilers, Kral Condensing Boiler, Design Radiators, and Towel Rails.
42GF Score
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