KRSOF (Karsan Otomotivnayii Ve Ticaret AS) ROC (Joel Greenblatt) %: 34.71% (As of Mar. 2026) — 171% Above Median


KRSOF Karsan Otomotiv Sanayii Ve Ticaret AS KRSOF
61 GF Score
Price $0.22
GF Value $0.34
! 7 Warning Signs
View Full Analysis

What is Karsan Otomotivnayii Ve Ticaret AS ROC (Joel Greenblatt) %?

Karsan Otomotivnayii Ve Ticaret AS KRSOF 61 ROC (Joel Greenblatt) % is 34.71% as of Mar. 2026, which is 171% above its 10-year median of 12.79. GuruFocus rates KRSOF with a GF Score™ of 61/100 and a GF Value™ of $0.34. The stock has 7 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Karsan Otomotivnayii Ve Ticaret AS ranks better than 78.85% 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. Karsan Otomotivnayii Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.71%.

The historical rank and industry rank for Karsan Otomotivnayii Ve Ticaret AS's ROC (Joel Greenblatt) % or its related term are showing as below:

KRSOF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.03   Med: 12.79   Max: 37.03
Current: 37.03

During the past 13 years, Karsan Otomotivnayii Ve Ticaret AS's highest ROC (Joel Greenblatt) % was 37.03%. The lowest was 2.03%. And the median was 12.79%.

KRSOF's ROC (Joel Greenblatt) % is ranked better than
78.85% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.465 vs KRSOF: 37.03

Karsan Otomotivnayii Ve Ticaret AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.10% per year.


Karsan Otomotivnayii Ve Ticaret AS  (OTCPK:KRSOF) 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.


Karsan Otomotivnayii Ve Ticaret AS ROC (Joel Greenblatt) % Related Terms


Karsan Otomotivnayii Ve Ticaret AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Karsan Otomotivnayii Ve Ticaret 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.

Karsan Otomotivnayii Ve Ticaret AS ROC (Joel Greenblatt) % Chart

Karsan Otomotivnayii Ve Ticaret 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 11.01 5.92 8.58 23.34 26.54

Karsan Otomotivnayii Ve Ticaret 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 -3.55 19.51 15.71 70.56 34.71

KRSOF vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison

For the Farm & Heavy Construction Machinery subindustry, Karsan Otomotivnayii Ve Ticaret 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.


Karsan Otomotivnayii Ve Ticaret AS ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Karsan Otomotivnayii Ve Ticaret AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Karsan Otomotivnayii Ve Ticaret AS's ROC (Joel Greenblatt) % falls into.


KRSOF
61GF Score
Karsan Otomotiv Sanayii Ve Ticaret AS KRSOF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karsan Otomotivnayii Ve Ticaret 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)
=(126.808 + 69.329 + 29.801) - (66.728 + 0 + 27.121)
=132.089

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.749 + 87.948 + 29.47) - (80.925 + 0 + 25.183)
=155.059

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Karsan Otomotivnayii Ve Ticaret 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 )
=94.888/( ( (125.388 + max(132.089, 0)) + (134.178 + max(155.059, 0)) )/ 2 )
=94.888/( ( 257.477 + 289.237 )/ 2 )
=94.888/273.357
=34.71 %

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 34.71% mean?
Karsan Otomotivnayii Ve Ticaret AS (KRSOF) has a ROC (Joel Greenblatt) % of 34.71% 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 Karsan Otomotivnayii Ve Ticaret AS and its competitors. This is 171% above median its historical median of 12.79. Over the past decade, Karsan Otomotivnayii Ve Ticaret AS's ROC (Joel Greenblatt) % has ranged from 2.03 to 37.03. According to the industry distribution chart, Karsan Otomotivnayii Ve Ticaret AS ranks #44 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 21.2%.
Is Karsan Otomotivnayii Ve Ticaret AS's ROC (Joel Greenblatt) % too high?
Karsan Otomotivnayii Ve Ticaret AS's current ROC (Joel Greenblatt) % of 34.71% is 171% above median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 37.03. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.47. Karsan Otomotivnayii Ve Ticaret AS's value of 34.71% is 157.8% above this industry median. Based on the distribution chart, Karsan Otomotivnayii Ve Ticaret AS ranks #44 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Karsan Otomotivnayii Ve Ticaret AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Karsan Otomotivnayii Ve Ticaret AS's ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Karsan Otomotivnayii Ve Ticaret AS ranks #44 out of 208 companies for ROC (Joel Greenblatt) %. This places Karsan Otomotivnayii Ve Ticaret AS in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.47. Karsan Otomotivnayii Ve Ticaret AS's value of 34.71% is 157.8% above this benchmark. Historically, Karsan Otomotivnayii Ve Ticaret AS's own ROC (Joel Greenblatt) % has ranged from 2.03 to 37.03 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 13.47, Karsan Otomotivnayii Ve Ticaret 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.47, based on 208 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. Karsan Otomotivnayii Ve Ticaret AS's current ROC (Joel Greenblatt) % of 34.71% is 157.8% 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 Karsan Otomotivnayii Ve Ticaret AS and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karsan Otomotivnayii Ve Ticaret AS's current ROC (Joel Greenblatt) % is 34.71%, which is 171% above median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karsan Otomotivnayii Ve Ticaret AS stock overvalued right now?
Karsan Otomotivnayii Ve Ticaret AS (KRSOF) has a current ROC (Joel Greenblatt) % of 34.71%. The stock's GF Value™ is $0.34, compared to a current price of $0.22 — trading 36.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 34.71%, which is 171% above median its 10-year median of 12.79 and 157.8% above the Farm & Heavy Construction Machinery industry median of 13.47. Karsan Otomotivnayii Ve Ticaret AS's overall GF Score™ is 61/100 with 7 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 Karsan Otomotivnayii Ve Ticaret AS (KRSOF), the current ROC (Joel Greenblatt) % is 34.71% 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 Karsan Otomotivnayii Ve Ticaret AS (KRSOF) Overvalued in 2026?

Based on GuruFocus' analysis, Karsan Otomotivnayii Ve Ticaret AS stock appears to be undervalued. The current stock price of $0.22 is trading 36.2% below its estimated GF Value™ of $0.34.

Key valuation signals for KRSOF:

  • ROC (Joel Greenblatt) %: 34.71% (171% above median its 10-year median of 12.79)
  • GF Value™: $0.34 vs. price of $0.22 (36.2% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 157.8% above the Farm & Heavy Construction Machinery median (#44 of 208)

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


Karsan Otomotivnayii Ve Ticaret AS Business Description

Other Exchanges KARSN:Turkey
Address Hasanaga Organize Sanayi Bolgesi (HOSAB), Sanayi Caddesi, Nilufer, Bursa, TUR, 16225
Karsan Otomotiv Sanayii Ve Ticaret AS is engaged in production, import and export of motor vehicles to automotive brands. It provides industrial services to automotive companies and its activities include the production of spare parts for automotive and other vehicles. The operating segments are Bus segment reports production of buses for municipalities, Karsan segment reports the production of commercial vehicles with its own brand, Spare Parts segment represents the production of spare parts and Industrial Sales segment reports the cataphoresis processes and tractor cabin. The group operates in Turkey and internationally and generates the majority of the revenue from the Hyundai segment.
61GF Score

Get the complete analysis for KRSOF

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

$0.22
Price
$0.34
GF Value