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Vukile Property FundNAM:VKN 73 ROC (Joel Greenblatt) % is 267.57% as of Mar. 2026, which is 93% below its 10-year median of 4,007.04. GuruFocus rates NAM:VKN with a GF Score™ of 73/100 and a GF Value™ of N$21.72 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 583 REITs companies, Vukile Property Fund ranks better than 64.84% 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. Vukile Property Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 267.57%.
The historical rank and industry rank for Vukile Property Fund's ROC (Joel Greenblatt) % or its related term are showing as below:
NAM:VKN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 194.12 Med: 4007.04 Max: 33679.98
Current: 466.36
During the past 13 years, Vukile Property Fund's highest ROC (Joel Greenblatt) % was 33679.98%. The lowest was 194.12%. And the median was 4007.04%.
NAM:VKN's ROC (Joel Greenblatt) % is ranked better than 64.84% of 583
companies
in the REITs industry
Industry Median: 179.69
vs NAM:VKN: 466.36
Vukile Property Fund's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -24.00% per year.
Vukile Property Fund (NAM:VKN) 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.
Vukile Property Fund ROC (Joel Greenblatt) % Related Terms
Vukile Property Fund ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Vukile 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.
Vukile Property Fund ROC (Joel Greenblatt) % Chart
NAM:VKN vs SPG, O, KIM: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Vukile 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.
Vukile Property Fund ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Vukile Property Fund's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vukile Property Fund's ROC (Joel Greenblatt) % falls into.
Vukile 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 267.57% mean?
Vukile Property Fund (NAM:VKN) has a ROC (Joel Greenblatt) % of 267.57% 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 Vukile Property Fund and its competitors. This is 93% below median its historical median of 4,007.04. Over the past decade, Vukile Property Fund's ROC (Joel Greenblatt) % has ranged from 194.12 to 33,679.98. According to the industry distribution chart, Vukile Property Fund ranks #205 out of 583 companies in the REITs industry, placing it in the top 35.2%.
Is Vukile Property Fund's ROC (Joel Greenblatt) % too high?
Vukile Property Fund's current ROC (Joel Greenblatt) % of 267.57% is 93% below median its 10-year median of 4,007.04. Over the past 10 years, this metric has ranged from a low of 194.12 to a high of 33,679.98. The REITs industry median ROC (Joel Greenblatt) % is 179.69. Vukile Property Fund's value of 267.57% is 48.9% above this industry median. Based on the distribution chart, Vukile Property Fund ranks #205 out of 583 companies in the REITs industry, which is above the industry midpoint. Overall, Vukile Property Fund has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's ROC (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Vukile Property Fund ranks #205 out of 583 companies for ROC (Joel Greenblatt) %. This puts Vukile Property Fund in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 179.69. Vukile Property Fund's value of 267.57% is 48.9% above this benchmark. Historically, Vukile Property Fund's own ROC (Joel Greenblatt) % has ranged from 194.12 to 33,679.98 over the past decade. While the company's 10-year median is 4,007.04 vs. the industry median of 179.69, Vukile Property Fund 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 179.69, based on 583 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. Vukile Property Fund's current ROC (Joel Greenblatt) % of 267.57% is 48.9% 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 Vukile Property Fund 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. Vukile Property Fund's current ROC (Joel Greenblatt) % is 267.57%, which is 93% below median its own 10-year median of 4,007.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.72, compared to a current price of N$24.74 — trading 13.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 267.57%, which is 93% below median its 10-year median of 4,007.04 and 48.9% above the REITs industry median of 179.69. Vukile Property Fund's overall GF Score™ is 73/100 with 8 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 Vukile Property Fund (NAM:VKN), the current ROC (Joel Greenblatt) % is 267.57% 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?
Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued.
The current stock price of N$24.74 is trading 13.9% above its estimated GF Value™ of N$21.72.
GuruFocus considers Vukile Property Fund to be Modestly Overvalued.
Key valuation signals for NAM:VKN:
ROC (Joel Greenblatt) %: 267.57% (93% below median its 10-year median of 4,007.04)
GF Value™: N$21.72 vs. price of N$24.74 (13.9% above fair value)
Industry Position: 48.9% above the REITs median (#205 of 583)
No single metric tells the full story. See the NAM:VKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
73GF Score
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