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Castleview Property FundJSE:CVW 58 ROC (Joel Greenblatt) % is 123.49% as of Mar. 2026, which is 62% below its 10-year median of 328.95. GuruFocus rates JSE:CVW with a GF Score™ of 58/100 and a GF Value™ of R7.31 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 576 REITs companies, Castleview Property Fund ranks better than 55.38% 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. Castleview Property Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 123.49%.
The historical rank and industry rank for Castleview Property Fund's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:CVW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -163.37 Med: 328.95 Max: 551.55
Current: 253.66
During the past 9 years, Castleview Property Fund's highest ROC (Joel Greenblatt) % was 551.55%. The lowest was -163.37%. And the median was 328.95%.
JSE:CVW's ROC (Joel Greenblatt) % is ranked better than 55.38% of 576
companies
in the REITs industry
Industry Median: 181.805
vs JSE:CVW: 253.66
Castleview Property Fund's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Castleview Property Fund (JSE:CVW) 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.
Castleview Property Fund ROC (Joel Greenblatt) % Related Terms
Castleview Property Fund ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Castleview Property Fund'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.
Castleview Property Fund ROC (Joel Greenblatt) % Chart
JSE:CVW vs SPG, O, KIM: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Castleview Property Fund'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.
Castleview Property Fund ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Castleview Property Fund's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Castleview Property Fund's ROC (Joel Greenblatt) % falls into.
Castleview Property Fund 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 two times the semi-annual (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 123.49% mean?
Castleview Property Fund (JSE:CVW) has a ROC (Joel Greenblatt) % of 123.49% 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 Castleview Property Fund and its competitors. This is 62% below median its historical median of 328.95. According to the industry distribution chart, Castleview Property Fund ranks #257 out of 576 companies in the REITs industry, placing it in the top 44.6%.
Is Castleview Property Fund's ROC (Joel Greenblatt) % too high?
Castleview Property Fund's current ROC (Joel Greenblatt) % of 123.49% is 62% below median its 10-year median of 328.95. The REITs industry median ROC (Joel Greenblatt) % is 181.81. Castleview Property Fund's value of 123.49% is 32.1% below this industry median. Based on the distribution chart, Castleview Property Fund ranks #257 out of 576 companies in the REITs industry, which is above the industry midpoint. Overall, Castleview Property Fund has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castleview Property Fund's ROC (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Castleview Property Fund ranks #257 out of 576 companies for ROC (Joel Greenblatt) %. This puts Castleview Property Fund in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 181.81. Castleview Property Fund's value of 123.49% is 32.1% below this benchmark. While the company's 10-year median is 328.95 vs. the industry median of 181.81, Castleview Property Fund 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 181.81, based on 576 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. Castleview Property Fund's current ROC (Joel Greenblatt) % of 123.49% is 32.1% 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 Castleview Property Fund and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 181.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castleview Property Fund's current ROC (Joel Greenblatt) % is 123.49%, which is 62% below median its own 10-year median of 328.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castleview Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Castleview Property Fund (JSE:CVW) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.31, compared to a current price of R10.40 — trading 42.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 123.49%, which is 62% below median its 10-year median of 328.95 and 32.1% below the REITs industry median of 181.81. Castleview Property Fund's overall GF Score™ is 58/100 with 11 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 Castleview Property Fund (JSE:CVW), the current ROC (Joel Greenblatt) % is 123.49% 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 Castleview Property Fund (JSE:CVW) Overvalued in 2026?
Based on GuruFocus' analysis, Castleview Property Fund stock appears to be overvalued.
The current stock price of R10.40 is trading 42.3% above its estimated GF Value™ of R7.31.
GuruFocus considers Castleview Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:CVW:
ROC (Joel Greenblatt) %: 123.49% (62% below median its 10-year median of 328.95)
GF Value™: R7.31 vs. price of R10.40 (42.3% above fair value)
Industry Position: 32.1% below the REITs median (#257 of 576)
No single metric tells the full story. See the JSE:CVW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.
58GF Score
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