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The St. Joe CoJOE -0.02%91 ROC (Joel Greenblatt) % is 234.52% as of Mar. 2026, which is 3% below its 10-year median of 242.28. GuruFocus rates JOE with a GF Score™ of 91/100 and a GF Value™ of $75.48 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,748 Real Estate companies, The St. Joe Co ranks better than 87.07% 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. The St. Joe Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 234.52%.
The historical rank and industry rank for The St. Joe Co's ROC (Joel Greenblatt) % or its related term are showing as below:
JOE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.25 Med: 242.28 Max: 428.11
Current: 362.68
During the past 13 years, The St. Joe Co's highest ROC (Joel Greenblatt) % was 428.11%. The lowest was 18.25%. And the median was 242.28%.
JOE's ROC (Joel Greenblatt) % is ranked better than 87.07% of 1748
companies
in the Real Estate industry
Industry Median: 12.92
vs JOE: 362.68
The St. Joe Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.20% per year.
The St. Joe Co (NYSE:JOE) 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.
The St. Joe Co ROC (Joel Greenblatt) % Related Terms
The St. Joe Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for The St. Joe Co'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.
For the Real Estate - Diversified subindustry, The St. Joe Co'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.
The St. Joe Co ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, The St. Joe Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where The St. Joe Co's ROC (Joel Greenblatt) % falls into.
The St. Joe Co 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 234.52% mean?
The St. Joe Co (JOE) has a ROC (Joel Greenblatt) % of 234.52% 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 The St. Joe Co and its competitors. This is near median its historical median of 242.28. Over the past decade, The St. Joe Co's ROC (Joel Greenblatt) % has ranged from 18.25 to 428.11. According to the industry distribution chart, The St. Joe Co ranks #226 out of 1748 companies in the Real Estate industry, placing it in the top 12.9%.
Is The St. Joe Co's ROC (Joel Greenblatt) % too high?
The St. Joe Co's current ROC (Joel Greenblatt) % of 234.52% is near median its 10-year median of 242.28. Over the past 10 years, this metric has ranged from a low of 18.25 to a high of 428.11. The Real Estate industry median ROC (Joel Greenblatt) % is 12.92. The St. Joe Co's value of 234.52% is 1715.2% above this industry median. Based on the distribution chart, The St. Joe Co ranks #226 out of 1748 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, The St. Joe Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The St. Joe Co's ROC (Joel Greenblatt) % compare to STRS?
According to the Real Estate industry distribution chart, The St. Joe Co ranks #226 out of 1748 companies for ROC (Joel Greenblatt) %. This places The St. Joe Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.92. The St. Joe Co's value of 234.52% is 1715.2% above this benchmark. Historically, The St. Joe Co's own ROC (Joel Greenblatt) % has ranged from 18.25 to 428.11 over the past decade. While the company's 10-year median is 242.28 vs. the industry median of 12.92, The St. Joe Co 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.92, based on 1,748 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. The St. Joe Co's current ROC (Joel Greenblatt) % of 234.52% is 1715.2% 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 The St. Joe Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The St. Joe Co's current ROC (Joel Greenblatt) % is 234.52%, which is near median its own 10-year median of 242.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The St. Joe Co stock overvalued right now?
Based on GuruFocus' analysis, The St. Joe Co (JOE) is currently considered Modestly Undervalued. The stock's GF Value™ is $75.48, compared to a current price of $62.12 — trading 17.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 234.52%, which is near median its 10-year median of 242.28 and 1715.2% above the Real Estate industry median of 12.92. The St. Joe Co's overall GF Score™ is 91/100 with 4 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 The St. Joe Co (JOE), the current ROC (Joel Greenblatt) % is 234.52% 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 The St. Joe Co (JOE) Overvalued in 2026?
Based on GuruFocus' analysis, The St. Joe Co stock appears to be undervalued.
The current stock price of $62.12 is trading 17.7% below its estimated GF Value™ of $75.48.
GuruFocus considers The St. Joe Co to be Modestly Undervalued.
Key valuation signals for JOE:
ROC (Joel Greenblatt) %: 234.52% (near median its 10-year median of 242.28)
GF Value™: $75.48 vs. price of $62.12 (17.7% below fair value)
Industry Position: 1715.2% above the Real Estate median (#226 of 1748)
No single metric tells the full story. See the JOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The St. Joe Co is a real estate development, asset management, and operating company and it has three operating segments; the Residential segment plans and develops residential communities and sells homesites to homebuilders or retail consumers, the Hospitality segment that derives maximum revenue, features a private membership club, hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas, and other entertainment assets, and Commercial segment include leasing of commercial property, multi-family, senior living, self-storage, and other assets and it also oversees the planning, development, entitlement, management, and sale of commercial and rural land holdings.
91GF Score
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