Malta International AirportMAL:MIA -0.80%100 ROC (Joel Greenblatt) % is 30.82% as of Dec. 2025, which is 12% below its 10-year median of 35.04. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.08 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 997 Transportation companies, Malta International Airport ranks better than 83.35% 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. Malta International Airport's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 30.82%.
The historical rank and industry rank for Malta International Airport's ROC (Joel Greenblatt) % or its related term are showing as below:
MAL:MIA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.33 Med: 35.04 Max: 44.24
Current: 31.51
During the past 13 years, Malta International Airport's highest ROC (Joel Greenblatt) % was 44.24%. The lowest was -2.33%. And the median was 35.04%.
MAL:MIA's ROC (Joel Greenblatt) % is ranked better than 83.35% of 997
companies
in the Transportation industry
Industry Median: 11.77
vs MAL:MIA: 31.51
Malta International Airport (MAL:MIA) 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.
Malta International Airport ROC (Joel Greenblatt) % Chart
MAL:MIA vs JOBY, CAAP: ROC (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Malta International Airport'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.
Malta International Airport ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Malta International Airport's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Malta International Airport's ROC (Joel Greenblatt) % falls into.
Malta International Airport 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 (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 30.82% mean?
Malta International Airport (MAL:MIA) has a ROC (Joel Greenblatt) % of 30.82% 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 Malta International Airport and its competitors. This is 12% below median its historical median of 35.04. According to the industry distribution chart, Malta International Airport ranks #166 out of 997 companies in the Transportation industry, placing it in the top 16.6%.
Is Malta International Airport's ROC (Joel Greenblatt) % too high?
Malta International Airport's current ROC (Joel Greenblatt) % of 30.82% is 12% below median its 10-year median of 35.04. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. Malta International Airport's value of 30.82% is 161.9% above this industry median. Based on the distribution chart, Malta International Airport ranks #166 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's ROC (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #166 out of 997 companies for ROC (Joel Greenblatt) %. This places Malta International Airport in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.77. Malta International Airport's value of 30.82% is 161.9% above this benchmark. While the company's 10-year median is 35.04 vs. the industry median of 11.77, Malta International Airport 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 997 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. Malta International Airport's current ROC (Joel Greenblatt) % of 30.82% is 161.9% 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 Malta International Airport and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current ROC (Joel Greenblatt) % is 30.82%, which is 12% below median its own 10-year median of 35.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.08, compared to a current price of €6.20 — trading 23.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 30.82%, which is 12% below median its 10-year median of 35.04 and 161.9% above the Transportation industry median of 11.77. Malta International Airport's overall GF Score™ is 100/100 with 1 warning sign 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 Malta International Airport (MAL:MIA), the current ROC (Joel Greenblatt) % is 30.82% 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 Malta International Airport (MAL:MIA) Overvalued in 2026?
Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued.
The current stock price of €6.20 is trading 23.3% below its estimated GF Value™ of €8.08.
GuruFocus considers Malta International Airport to be Modestly Undervalued.
Key valuation signals for MAL:MIA:
ROC (Joel Greenblatt) %: 30.82% (12% below median its 10-year median of 35.04)
GF Value™: €8.08 vs. price of €6.20 (23.3% below fair value)
Industry Position: 161.9% above the Transportation median (#166 of 997)
No single metric tells the full story. See the MAL:MIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
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