Metropal Kurumsal Hizmetler AS (IST:MCARD) ROC (Joel Greenblatt) %: 126.35% (As of Dec. 2024) — 43% Above Median

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IST:MCARD Metropal Kurumsal Hizmetler AS IST:MCARD
23 GF Score
Price ₺160.00
! 1 Warning Sign
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What is Metropal Kurumsal Hizmetler AS ROC (Joel Greenblatt) %?

Metropal Kurumsal Hizmetler AS IST:MCARD +8.70% 23 ROC (Joel Greenblatt) % is 126.35% as of Dec. 2024, which is 43% above its 10-year median of 88.66. GuruFocus rates IST:MCARD with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 2,820 Software companies, Metropal Kurumsal Hizmetler AS ranks better than 76.52% 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. Metropal Kurumsal Hizmetler AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 126.35%.

The historical rank and industry rank for Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:MCARD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 62.7   Med: 88.66   Max: 126.35
Current: 126.35

During the past 3 years, Metropal Kurumsal Hizmetler AS's highest ROC (Joel Greenblatt) % was 126.35%. The lowest was 62.70%. And the median was 88.66%.

IST:MCARD's ROC (Joel Greenblatt) % is ranked better than
76.52% of 2820 companies
in the Software industry
Industry Median: 20.53 vs IST:MCARD: 126.35

Metropal Kurumsal Hizmetler AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Metropal Kurumsal Hizmetler AS  (IST:MCARD) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Metropal Kurumsal Hizmetler AS ROC (Joel Greenblatt) % Related Terms


Metropal Kurumsal Hizmetler AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % can be seen below:

* 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.

Metropal Kurumsal Hizmetler AS ROC (Joel Greenblatt) % Chart

Metropal Kurumsal Hizmetler AS Annual Data
Trend Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
88.66 62.70 126.35

Metropal Kurumsal Hizmetler AS Semi-Annual Data
Dec22 Dec23 Dec24
ROC (Joel Greenblatt) % 88.66 62.70 126.35

IST:MCARD vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Metropal Kurumsal Hizmetler 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.


Metropal Kurumsal Hizmetler AS ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % falls into.


IST:MCARD
23GF Score
Metropal Kurumsal Hizmetler AS IST:MCARD
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metropal Kurumsal Hizmetler 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1304.751 + 5.098 + 61.573) - (2209.366 + 0 + 672.836)
=-1510.78

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1460.722 + 4.582 + 167.974) - (2547.104 + 0 + 899.18)
=-1813.006

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Metropal Kurumsal Hizmetler AS for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1107.935/( ( (791.886 + max(-1510.78, 0)) + (961.902 + max(-1813.006, 0)) )/ 2 )
=1107.935/( ( 791.886 + 961.902 )/ 2 )
=1107.935/876.894
=126.35 %

Note: The EBIT data used here is one times the annual (Dec. 2024) 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 126.35% mean?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a ROC (Joel Greenblatt) % of 126.35% as of Dec. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Metropal Kurumsal Hizmetler AS and its competitors. This is 43% above median its historical median of 88.66. Over the past decade, Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % has ranged from 62.70 to 126.35. According to the industry distribution chart, Metropal Kurumsal Hizmetler AS ranks #662 out of 2820 companies in the Software industry, placing it in the top 23.5%.
Is Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % too high?
Metropal Kurumsal Hizmetler AS's current ROC (Joel Greenblatt) % of 126.35% is 43% above median its 10-year median of 88.66. Over the past 10 years, this metric has ranged from a low of 62.70 to a high of 126.35. The Software industry median ROC (Joel Greenblatt) % is 20.53. Metropal Kurumsal Hizmetler AS's value of 126.35% is 515.4% above this industry median. Based on the distribution chart, Metropal Kurumsal Hizmetler AS ranks #662 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Metropal Kurumsal Hizmetler AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Metropal Kurumsal Hizmetler AS's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Metropal Kurumsal Hizmetler AS ranks #662 out of 2820 companies for ROC (Joel Greenblatt) %. This places Metropal Kurumsal Hizmetler AS in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.53. Metropal Kurumsal Hizmetler AS's value of 126.35% is 515.4% above this benchmark. Historically, Metropal Kurumsal Hizmetler AS's own ROC (Joel Greenblatt) % has ranged from 62.70 to 126.35 over the past decade. While the company's 10-year median is 88.66 vs. the industry median of 20.53, Metropal Kurumsal Hizmetler 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 a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.53, based on 2,820 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. Metropal Kurumsal Hizmetler AS's current ROC (Joel Greenblatt) % of 126.35% is 515.4% 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 Metropal Kurumsal Hizmetler AS and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metropal Kurumsal Hizmetler AS's current ROC (Joel Greenblatt) % is 126.35%, which is 43% above median its own 10-year median of 88.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metropal Kurumsal Hizmetler AS stock overvalued right now?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a current ROC (Joel Greenblatt) % of 126.35%. The current ROC (Joel Greenblatt) % is 126.35%, which is 43% above median its 10-year median of 88.66 and 515.4% above the Software industry median of 20.53. Metropal Kurumsal Hizmetler AS's overall GF Score™ is 23/100 with 1 warning sign 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 Metropal Kurumsal Hizmetler AS (IST:MCARD), the current ROC (Joel Greenblatt) % is 126.35% as of Dec. 2024. 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.

Metropal Kurumsal Hizmetler AS Business Description

Address Kisikli Street, No: 30, Altunizade Neighborhood, Uskudar, Istanbul, TUR, 34662
Metropal Kurumsal Hizmetler AS is a Turkish fintech company operating as MetropolCard, which provides an electronic payment system that enables companies to manage, track, and audit employee meal allowances online through smart cards.
23GF 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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