Nextensa (LTS:0NUT) ROC (Joel Greenblatt) %: 0.00% (As of Dec. 2025)

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LTS:0NUT Nextensa SA LTS:0NUT
83 GF Score
Price €45.60
GF Value €39.18
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nextensa ROC (Joel Greenblatt) %?

Nextensa LTS:0NUT 83 ROC (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates LTS:0NUT with a GF Score™ of 83/100 and a GF Value™ of €39.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 585 REITs companies, Nextensa ranks worse than 170940% 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. Nextensa's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for Nextensa's ROC (Joel Greenblatt) % or its related term are showing as below:

During the past 13 years, Nextensa's highest ROC (Joel Greenblatt) % was 3955.73%. The lowest was 9.84%. And the median was 150.75%.

LTS:0NUT's ROC (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 179.69
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Nextensa's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -49.80% per year.


Nextensa  (LTS:0NUT) 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.


Nextensa ROC (Joel Greenblatt) % Related Terms


Nextensa ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nextensa'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.

Nextensa ROC (Joel Greenblatt) % Chart

Nextensa 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 52.65 44.76 35.69 9.84 27.48

Nextensa Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

LTS:0NUT vs VICI, WPC, BNL: ROC (Joel Greenblatt) % Comparison

For the REIT - Diversified subindustry, Nextensa'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.


Nextensa ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Nextensa's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nextensa's ROC (Joel Greenblatt) % falls into.


LTS:0NUT
83GF Score
Nextensa SA LTS:0NUT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nextensa 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.568 + 161.892 + 79.985) - (26.589 + 0 + 20.373)
=210.483

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Nextensa for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(0, 0)) + (7.181 + max(210.483, 0)) )/ 1 )
=0/( ( 0 + 217.664 )/ 1 )
=0/217.664
=0.00 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 0.00% mean?
Nextensa (LTS:0NUT) has a ROC (Joel Greenblatt) % of 0.00% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Nextensa and its competitors. Over the past decade, Nextensa's ROC (Joel Greenblatt) % has ranged from 9.84 to 3,955.73. According to the industry distribution chart, Nextensa ranks #999999 out of 585 companies in the REITs industry.
Is Nextensa's ROC (Joel Greenblatt) % too high?
Nextensa's current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 9.84 to a high of 3,955.73. Based on the distribution chart, Nextensa ranks #999999 out of 585 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nextensa has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nextensa's ROC (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Nextensa ranks #999999 out of 585 companies for ROC (Joel Greenblatt) %. This places Nextensa in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 179.69. Historically, Nextensa's own ROC (Joel Greenblatt) % has ranged from 9.84 to 3,955.73 over the past decade. 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 179.69, based on 585 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. 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 Nextensa and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 179.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextensa's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextensa stock overvalued right now?
Based on GuruFocus' analysis, Nextensa (LTS:0NUT) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.18, compared to a current price of €45.60 — trading 16.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Nextensa's overall GF Score™ is 83/100 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 Nextensa (LTS:0NUT), the current ROC (Joel Greenblatt) % is 0.00% as of Dec. 2025. 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 Nextensa (LTS:0NUT) Overvalued in 2026?

Based on GuruFocus' analysis, Nextensa stock appears to be overvalued. The current stock price of €45.60 is trading 16.4% above its estimated GF Value™ of €39.18. GuruFocus considers Nextensa to be Modestly Overvalued.

Key valuation signals for LTS:0NUT:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: €39.18 vs. price of €45.60 (16.4% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the LTS:0NUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nextensa Business Description

Industry Real EstateREITs
Other Exchanges NEXTA:Belgium
Address Rue Picard 11, PO Box 505, Gare Maritime, Brussels, BEL, 1000
Nextensa SA operates as a real estate investment trust. It operates as a real estate investor and developer, managing an investment portfolio of real estate assets across Belgium, Austria, and Luxembourg. The company's portfolio mainly comprises offices, retail, semi-industrial, and logistics properties. Nextensa NV is composed of three operational segments, namely investment, development, and corporate. These segments are divided into sub-segments, namely Belgium, the Grand Duchy of Luxembourg, and Austria for the investment segment, and Belgium, Luxembourg, and other countries for the development segment. The company generates maximum revenue from Belgium in the form of rental income from investment properties.
83GF Score

Get the complete analysis for LTS:0NUT

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

€45.60
Price
€39.18
GF Value