Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Vakif Finansal Kiralama ASIST:VAKFN +0.76%76 ROC (Joel Greenblatt) % is 10.39% as of Mar. 2026, which is 402% above its 10-year median of 2.07. GuruFocus rates IST:VAKFN with a GF Score™ of 76/100 and a GF Value™ of ₺1.39 (Fairly Valued). The stock has 5 warning signs investors should review. Among 415 Credit Services companies, Vakif Finansal Kiralama AS ranks worse than 62.65% 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. Vakif Finansal Kiralama AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.39%.
The historical rank and industry rank for Vakif Finansal Kiralama AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:VAKFN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.07 Med: 2.07 Max: 15.34
Current: 8.84
During the past 13 years, Vakif Finansal Kiralama AS's highest ROC (Joel Greenblatt) % was 15.34%. The lowest was 0.07%. And the median was 2.07%.
IST:VAKFN's ROC (Joel Greenblatt) % is ranked worse than 62.65% of 415
companies
in the Credit Services industry
Industry Median: 38.99
vs IST:VAKFN: 8.84
Vakif Finansal Kiralama AS (IST:VAKFN) 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.
Vakif Finansal Kiralama AS ROC (Joel Greenblatt) % Chart
IST:VAKFN vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, Vakif Finansal Kiralama 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.
Vakif Finansal Kiralama AS ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Vakif Finansal Kiralama AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vakif Finansal Kiralama AS's ROC (Joel Greenblatt) % falls into.
Vakif Finansal Kiralama 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 10.39% mean?
Vakif Finansal Kiralama AS (IST:VAKFN) has a ROC (Joel Greenblatt) % of 10.39% 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 Vakif Finansal Kiralama AS and its competitors. This is 402% above median its historical median of 2.07. Over the past decade, Vakif Finansal Kiralama AS's ROC (Joel Greenblatt) % has ranged from 0.07 to 15.34. According to the industry distribution chart, Vakif Finansal Kiralama AS ranks #260 out of 415 companies in the Credit Services industry, placing it in the top 62.7%.
Is Vakif Finansal Kiralama AS's ROC (Joel Greenblatt) % too high?
Vakif Finansal Kiralama AS's current ROC (Joel Greenblatt) % of 10.39% is 402% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 15.34. The Credit Services industry median ROC (Joel Greenblatt) % is 38.99. Vakif Finansal Kiralama AS's value of 10.39% is 73.4% below this industry median. Based on the distribution chart, Vakif Finansal Kiralama AS ranks #260 out of 415 companies in the Credit Services industry, which is below the industry midpoint. Overall, Vakif Finansal Kiralama AS has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vakif Finansal Kiralama AS's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Vakif Finansal Kiralama AS ranks #260 out of 415 companies for ROC (Joel Greenblatt) %. This places Vakif Finansal Kiralama AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 38.99. Vakif Finansal Kiralama AS's value of 10.39% is 73.4% below this benchmark. Historically, Vakif Finansal Kiralama AS's own ROC (Joel Greenblatt) % has ranged from 0.07 to 15.34 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 38.99, Vakif Finansal Kiralama 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.99, based on 415 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. Vakif Finansal Kiralama AS's current ROC (Joel Greenblatt) % of 10.39% is 73.4% 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 Vakif Finansal Kiralama AS and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vakif Finansal Kiralama AS's current ROC (Joel Greenblatt) % is 10.39%, which is 402% above median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vakif Finansal Kiralama AS stock overvalued right now?
Based on GuruFocus' analysis, Vakif Finansal Kiralama AS (IST:VAKFN) is currently considered Fairly Valued. The stock's GF Value™ is ₺1.39, compared to a current price of ₺1.32 — trading 5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.39%, which is 402% above median its 10-year median of 2.07 and 73.4% below the Credit Services industry median of 38.99. Vakif Finansal Kiralama AS's overall GF Score™ is 76/100 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 Vakif Finansal Kiralama AS (IST:VAKFN), the current ROC (Joel Greenblatt) % is 10.39% 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 Vakif Finansal Kiralama AS (IST:VAKFN) Overvalued in 2026?
Based on GuruFocus' analysis, Vakif Finansal Kiralama AS stock appears to be undervalued.
The current stock price of ₺1.32 is trading 5% below its estimated GF Value™ of ₺1.39.
GuruFocus considers Vakif Finansal Kiralama AS to be Fairly Valued.
Key valuation signals for IST:VAKFN:
ROC (Joel Greenblatt) %: 10.39% (402% above median its 10-year median of 2.07)
GF Value™: ₺1.39 vs. price of ₺1.32 (5% below fair value)
Industry Position: 73.4% below the Credit Services median (#260 of 415)
No single metric tells the full story. See the IST:VAKFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vakif Finansal Kiralama AS is a financial leasing company providing financial intermediation to SMEs and investors in the commercial, aircraft and aviation, wind energy, transportation, tourism, technology, and other industries. The company operates through branches in Istanbul (Anatolian and European sides), Ankara, Adana, Izmir, Bursa, Konya, and Antalya, and continues its comprehensive operations throughout Turkey with a wide customer portfolio and service network.
76GF Score
Get the complete analysis for IST:VAKFN
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:VAKFN has been successfully added to your 
