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. PAMEL Yenilenebilir Elektrik Uretim's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.90%.
The historical rank and industry rank for PAMEL Yenilenebilir Elektrik Uretim's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:PAMEL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.52 Med: -2.61 Max: 37.26
Current: -12.06
During the past 13 years, PAMEL Yenilenebilir Elektrik Uretim's highest ROC (Joel Greenblatt) % was 37.26%. The lowest was -17.52%. And the median was -2.61%.
IST:PAMEL's ROC (Joel Greenblatt) % is ranked worse than 85.98% of 435
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.54
vs IST:PAMEL: -12.06
PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL) 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.
* 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.
PAMEL Yenilenebilir Elektrik Uretim ROC (Joel Greenblatt) % Chart
PAMEL Yenilenebilir Elektrik Uretim ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, PAMEL Yenilenebilir Elektrik Uretim'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.
PAMEL Yenilenebilir Elektrik Uretim ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PAMEL Yenilenebilir Elektrik Uretim's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PAMEL Yenilenebilir Elektrik Uretim's ROC (Joel Greenblatt) % falls into.
PAMEL Yenilenebilir Elektrik Uretim 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 0.90% mean?
PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL) has a ROC (Joel Greenblatt) % of 0.90% 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 PAMEL Yenilenebilir Elektrik Uretim and its competitors. According to the industry distribution chart, PAMEL Yenilenebilir Elektrik Uretim ranks #374 out of 435 companies in the Utilities - Independent Power Producers industry, placing it in the top 86%.
Is PAMEL Yenilenebilir Elektrik Uretim's ROC (Joel Greenblatt) % too high?
PAMEL Yenilenebilir Elektrik Uretim's current ROC (Joel Greenblatt) % is 0.90%. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.54. PAMEL Yenilenebilir Elektrik Uretim's value of 0.90% is 86.2% below this industry median. Based on the distribution chart, PAMEL Yenilenebilir Elektrik Uretim ranks #374 out of 435 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, PAMEL Yenilenebilir Elektrik Uretim has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PAMEL Yenilenebilir Elektrik Uretim's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PAMEL Yenilenebilir Elektrik Uretim ranks #374 out of 435 companies for ROC (Joel Greenblatt) %. This places PAMEL Yenilenebilir Elektrik Uretim in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.54. PAMEL Yenilenebilir Elektrik Uretim's value of 0.90% is 86.2% below this benchmark. 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.54, based on 435 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. PAMEL Yenilenebilir Elektrik Uretim's current ROC (Joel Greenblatt) % of 0.90% is 86.2% 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 PAMEL Yenilenebilir Elektrik Uretim and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PAMEL Yenilenebilir Elektrik Uretim's current ROC (Joel Greenblatt) % is 0.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PAMEL Yenilenebilir Elektrik Uretim stock overvalued right now?
Based on GuruFocus' analysis, PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺93.03, compared to a current price of ₺84.10 — trading 9.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.90% and 86.2% below the Utilities - Independent Power Producers industry median of 6.54. PAMEL Yenilenebilir Elektrik Uretim's overall GF Score™ is 58/100 with 5 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 PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL), the current ROC (Joel Greenblatt) % is 0.90% 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 PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL) Overvalued in 2026?
Based on GuruFocus' analysis, PAMEL Yenilenebilir Elektrik Uretim stock appears to be undervalued.
The current stock price of ₺84.10 is trading 9.6% below its estimated GF Value™ of ₺93.03.
GuruFocus considers PAMEL Yenilenebilir Elektrik Uretim to be Modestly Undervalued.
Key valuation signals for IST:PAMEL:
ROC (Joel Greenblatt) %: 0.90%
GF Value™: ₺93.03 vs. price of ₺84.10 (9.6% below fair value)
Industry Position: 86.2% below the Utilities - Independent Power Producers median (#374 of 435)
No single metric tells the full story. See the IST:PAMEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PAMEL Yenilenebilir Elektrik Uretim Business Description
PAMEL Yenilenebilir Elektrik Uretim operates in the renewable energy sector. It holds two hydroelectric power plants with an installed capacity of 6.744 MW in Adiyaman and 7.49 MW in Tortum district in Erzurum province.
58GF Score
Get the complete analysis for IST:PAMEL
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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