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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. Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.44%.
IST:KUVVA's ROC (Joel Greenblatt) % is ranked worse than 91.59% of 309
companies
in the Retail - Defensive industry
Industry Median: 13.84
vs IST:KUVVA: -18.94
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:KUVVA vs SYY, USFD, PFGC: ROC (Joel Greenblatt) % Comparison
For the Food Distribution subindustry, Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi'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.
Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi ROC (Joel Greenblatt) % vs Retail - Defensive Industry
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 10.44% mean?
Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi (IST:KUVVA) has a ROC (Joel Greenblatt) % of 10.44% 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 Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi and its competitors. This is 13% above median its historical median of 9.20. According to the industry distribution chart, Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi ranks #283 out of 309 companies in the Retail - Defensive industry, placing it in the top 91.6%.
Is Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's ROC (Joel Greenblatt) % too high?
Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's current ROC (Joel Greenblatt) % of 10.44% is 13% above median its 10-year median of 9.20. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.84. Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's value of 10.44% is 24.6% below this industry median. Based on the distribution chart, Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi ranks #283 out of 309 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's ROC (Joel Greenblatt) % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi ranks #283 out of 309 companies for ROC (Joel Greenblatt) %. This places Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.84. Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's value of 10.44% is 24.6% below this benchmark. While the company's 10-year median is 9.20 vs. the industry median of 13.84, Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi 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 Retail - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.84, based on 309 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. Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's current ROC (Joel Greenblatt) % of 10.44% is 24.6% 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 Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's current ROC (Joel Greenblatt) % is 10.44%, which is 13% above median its own 10-year median of 9.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi stock overvalued right now?
Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi (IST:KUVVA) has a current ROC (Joel Greenblatt) % of 10.44%. The current ROC (Joel Greenblatt) % is 10.44%, which is 13% above median its 10-year median of 9.20 and 24.6% below the Retail - Defensive industry median of 13.84. Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi's overall GF Score™ is 31/100 with 14 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 Kuvva Gida Ticaret Venayi Yatirimlari Anonim Sirketi (IST:KUVVA), the current ROC (Joel Greenblatt) % is 10.44% 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.
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