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EfTEN Real Estate Fund ASOTSE:EFT1T -0.26%81 ROC (Joel Greenblatt) % is 16,588.86% as of Jun. 2026, which is 47% above its 10-year median of 11,266.89. GuruFocus rates OTSE:EFT1T with a GF Score™ of 81/100 and a GF Value™ of €19.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,757 Real Estate companies, EfTEN Real Estate Fund AS ranks better than 98.41% 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. EfTEN Real Estate Fund AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 16,588.86%.
The historical rank and industry rank for EfTEN Real Estate Fund AS's ROC (Joel Greenblatt) % or its related term are showing as below:
OTSE:EFT1T'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4793.49 Med: 11266.89 Max: 21924.32
Current: 17080.15
During the past 11 years, EfTEN Real Estate Fund AS's highest ROC (Joel Greenblatt) % was 21924.32%. The lowest was 4793.49%. And the median was 11266.89%.
OTSE:EFT1T's ROC (Joel Greenblatt) % is ranked better than 98.41% of 1757
companies
in the Real Estate industry
Industry Median: 13.16
vs OTSE:EFT1T: 17080.15
EfTEN Real Estate Fund AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.40% per year.
EfTEN Real Estate Fund AS (OTSE:EFT1T) 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.
EfTEN Real Estate Fund AS ROC (Joel Greenblatt) % Related Terms
EfTEN Real Estate Fund AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for EfTEN Real Estate Fund 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.
EfTEN Real Estate Fund AS ROC (Joel Greenblatt) % Chart
OTSE:EFT1T vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, EfTEN Real Estate Fund 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.
EfTEN Real Estate Fund AS ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, EfTEN Real Estate Fund AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where EfTEN Real Estate Fund AS's ROC (Joel Greenblatt) % falls into.
EfTEN Real Estate Fund 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:
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 four times the quarterly (Jun. 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 16,588.86% mean?
EfTEN Real Estate Fund AS (OTSE:EFT1T) has a ROC (Joel Greenblatt) % of 16,588.86% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on EfTEN Real Estate Fund AS and its competitors. This is 47% above median its historical median of 11,266.89. Over the past decade, EfTEN Real Estate Fund AS's ROC (Joel Greenblatt) % has ranged from 4,793.49 to 21,924.32. According to the industry distribution chart, EfTEN Real Estate Fund AS ranks #28 out of 1757 companies in the Real Estate industry, placing it in the top 1.6%.
Is EfTEN Real Estate Fund AS's ROC (Joel Greenblatt) % too high?
EfTEN Real Estate Fund AS's current ROC (Joel Greenblatt) % of 16,588.86% is 47% above median its 10-year median of 11,266.89. Over the past 10 years, this metric has ranged from a low of 4,793.49 to a high of 21,924.32. The Real Estate industry median ROC (Joel Greenblatt) % is 13.16. EfTEN Real Estate Fund AS's value of 16,588.86% is 125955.2% above this industry median. Based on the distribution chart, EfTEN Real Estate Fund AS ranks #28 out of 1757 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, EfTEN Real Estate Fund AS has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EfTEN Real Estate Fund AS's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, EfTEN Real Estate Fund AS ranks #28 out of 1757 companies for ROC (Joel Greenblatt) %. This places EfTEN Real Estate Fund AS in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.16. EfTEN Real Estate Fund AS's value of 16,588.86% is 125955.2% above this benchmark. Historically, EfTEN Real Estate Fund AS's own ROC (Joel Greenblatt) % has ranged from 4,793.49 to 21,924.32 over the past decade. While the company's 10-year median is 11,266.89 vs. the industry median of 13.16, EfTEN Real Estate Fund 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.16, based on 1,757 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. EfTEN Real Estate Fund AS's current ROC (Joel Greenblatt) % of 16,588.86% is 125955.2% 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 EfTEN Real Estate Fund AS and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EfTEN Real Estate Fund AS's current ROC (Joel Greenblatt) % is 16,588.86%, which is 47% above median its own 10-year median of 11,266.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EfTEN Real Estate Fund AS stock overvalued right now?
Based on GuruFocus' analysis, EfTEN Real Estate Fund AS (OTSE:EFT1T) is currently considered Fairly Valued. The stock's GF Value™ is €19.34, compared to a current price of €19.50 — trading 0.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16,588.86%, which is 47% above median its 10-year median of 11,266.89 and 125955.2% above the Real Estate industry median of 13.16. EfTEN Real Estate Fund AS's overall GF Score™ is 81/100 with 6 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 EfTEN Real Estate Fund AS (OTSE:EFT1T), the current ROC (Joel Greenblatt) % is 16,588.86% as of Jun. 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 EfTEN Real Estate Fund AS (OTSE:EFT1T) Overvalued in 2026?
Based on GuruFocus' analysis, EfTEN Real Estate Fund AS stock appears to be overvalued.
The current stock price of €19.50 is trading 0.8% above its estimated GF Value™ of €19.34.
GuruFocus considers EfTEN Real Estate Fund AS to be Fairly Valued.
Key valuation signals for OTSE:EFT1T:
ROC (Joel Greenblatt) %: 16,588.86% (47% above median its 10-year median of 11,266.89)
GF Value™: €19.34 vs. price of €19.50 (0.8% above fair value)
Industry Position: 125955.2% above the Real Estate median (#28 of 1757)
No single metric tells the full story. See the OTSE:EFT1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EfTEN Real Estate Fund AS is a closed alternative investment fund. The company invests in commercial real estate that generates cash flow in the Baltic states. It has five business segments (office, logistics, trade, nursing homes, hotels) and three geographical segments (Estonia, Latvia, Lithuania). It generates a majority of its revenue from Retail segment. Geographically, the company generates a majority of its revenue from Estonia.
81GF Score
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