Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) ROC (Joel Greenblatt) %: 13.35% (As of Mar. 2026) — 71% Below Median

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IST:OTKAR Otokar Otomotiv Ve Savunma Sanayi AS IST:OTKAR
67 GF Score
Price ₺333.00
GF Value ₺668.84
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Otokar Otomotiv Vevunmanayi AS ROC (Joel Greenblatt) %?

Otokar Otomotiv Vevunmanayi AS IST:OTKAR +3.50% 67 ROC (Joel Greenblatt) % is 13.35% as of Mar. 2026, which is 71% below its 10-year median of 46.14. GuruFocus rates IST:OTKAR with a GF Score™ of 67/100 and a GF Value™ of ₺668.84 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Otokar Otomotiv Vevunmanayi AS ranks better than 77.82% 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. Otokar Otomotiv Vevunmanayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.35%.

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

IST:OTKAR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.09   Med: 46.14   Max: 63.42
Current: 24.99

During the past 13 years, Otokar Otomotiv Vevunmanayi AS's highest ROC (Joel Greenblatt) % was 63.42%. The lowest was 23.09%. And the median was 46.14%.

IST:OTKAR's ROC (Joel Greenblatt) % is ranked better than
77.82% of 1330 companies
in the Vehicles & Parts industry
Industry Median: 12.045 vs IST:OTKAR: 24.99

Otokar Otomotiv Vevunmanayi AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.50% per year.


Otokar Otomotiv Vevunmanayi AS  (IST:OTKAR) 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.


Otokar Otomotiv Vevunmanayi AS ROC (Joel Greenblatt) % Related Terms


Otokar Otomotiv Vevunmanayi AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Otokar Otomotiv Vevunmanayi 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.

Otokar Otomotiv Vevunmanayi AS ROC (Joel Greenblatt) % Chart

Otokar Otomotiv Vevunmanayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.42 50.67 47.96 23.09 24.10

Otokar Otomotiv Vevunmanayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.22 46.47 18.96 23.65 13.35

IST:OTKAR vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison

For the Auto Manufacturers subindustry, Otokar Otomotiv Vevunmanayi 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.


Otokar Otomotiv Vevunmanayi AS ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Otokar Otomotiv Vevunmanayi AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Otokar Otomotiv Vevunmanayi AS's ROC (Joel Greenblatt) % falls into.


IST:OTKAR
67GF Score
Otokar Otomotiv Ve Savunma Sanayi AS IST:OTKAR
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Otokar Otomotiv Vevunmanayi 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15821.94 + 16229.975 + 4333.97) - (11402.168 + 0 + 9992.484)
=14991.233

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12075.771 + 18372.99 + 4354.452) - (7800.895 + 0 + 10350.055)
=16652.263

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Otokar Otomotiv Vevunmanayi AS for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3120.724/( ( (7141.921 + max(14991.233, 0)) + (7978.189 + max(16652.263, 0)) )/ 2 )
=3120.724/( ( 22133.154 + 24630.452 )/ 2 )
=3120.724/23381.803
=13.35 %

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 13.35% mean?
Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) has a ROC (Joel Greenblatt) % of 13.35% 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 Otokar Otomotiv Vevunmanayi AS and its competitors. This is 71% below median its historical median of 46.14. Over the past decade, Otokar Otomotiv Vevunmanayi AS's ROC (Joel Greenblatt) % has ranged from 23.09 to 63.42. According to the industry distribution chart, Otokar Otomotiv Vevunmanayi AS ranks #295 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 22.2%.
Is Otokar Otomotiv Vevunmanayi AS's ROC (Joel Greenblatt) % too high?
Otokar Otomotiv Vevunmanayi AS's current ROC (Joel Greenblatt) % of 13.35% is 71% below median its 10-year median of 46.14. Over the past 10 years, this metric has ranged from a low of 23.09 to a high of 63.42. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.05. Otokar Otomotiv Vevunmanayi AS's value of 13.35% is 10.8% above this industry median. Based on the distribution chart, Otokar Otomotiv Vevunmanayi AS ranks #295 out of 1330 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Otokar Otomotiv Vevunmanayi AS has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Otokar Otomotiv Vevunmanayi AS's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Otokar Otomotiv Vevunmanayi AS ranks #295 out of 1330 companies for ROC (Joel Greenblatt) %. This places Otokar Otomotiv Vevunmanayi AS in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.05. Otokar Otomotiv Vevunmanayi AS's value of 13.35% is 10.8% above this benchmark. Historically, Otokar Otomotiv Vevunmanayi AS's own ROC (Joel Greenblatt) % has ranged from 23.09 to 63.42 over the past decade. While the company's 10-year median is 46.14 vs. the industry median of 12.05, Otokar Otomotiv Vevunmanayi 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.05, based on 1,330 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. Otokar Otomotiv Vevunmanayi AS's current ROC (Joel Greenblatt) % of 13.35% is 10.8% 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 Otokar Otomotiv Vevunmanayi AS and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otokar Otomotiv Vevunmanayi AS's current ROC (Joel Greenblatt) % is 13.35%, which is 71% below median its own 10-year median of 46.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otokar Otomotiv Vevunmanayi AS stock overvalued right now?
Based on GuruFocus' analysis, Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₺668.84, compared to a current price of ₺333.00 — trading 50.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.35%, which is 71% below median its 10-year median of 46.14 and 10.8% above the Vehicles & Parts industry median of 12.05. Otokar Otomotiv Vevunmanayi AS's overall GF Score™ is 67/100 with 8 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 Otokar Otomotiv Vevunmanayi AS (IST:OTKAR), the current ROC (Joel Greenblatt) % is 13.35% 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 Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) Overvalued in 2026?

Based on GuruFocus' analysis, Otokar Otomotiv Vevunmanayi AS stock appears to be undervalued. The current stock price of ₺333.00 is trading 50.2% below its estimated GF Value™ of ₺668.84. GuruFocus considers Otokar Otomotiv Vevunmanayi AS to be Possible Value Trap.

Key valuation signals for IST:OTKAR:

  • ROC (Joel Greenblatt) %: 13.35% (71% below median its 10-year median of 46.14)
  • GF Value™: ₺668.84 vs. price of ₺333.00 (50.2% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 10.8% above the Vehicles & Parts median (#295 of 1330)

No single metric tells the full story. See the IST:OTKAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Otokar Otomotiv Vevunmanayi AS Business Description

Address Tasdelen Mahallesi Sirri Celik Bulvari No:5, Cekmekoy, Istanbul, TUR, 34788
Otokar Otomotiv Ve Savunma Sanayi AS operates in the automotive industry and off-road vehicles, military vehicles, microbusses, small buses, light trucks, and pickup trucks constitute the majority of its production. The group operates in the automotive industry's commercial vehicles segment, manufacturing a product lineup of microbuses, small buses and buses for public transportation and light trucks for transportation and logistics.
67GF Score

Get the complete analysis for IST:OTKAR

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺333.00
Price
₺668.84
GF Value