Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
INVL Baltic Real EstateOVSE:INR1L +1.32%52 ROC (Joel Greenblatt) % is 983.57% as of Dec. 2025, which is 33% below its 10-year median of 1,477.74. GuruFocus rates OVSE:INR1L with a GF Score™ of 52/100 and a GF Value™ of €2.74 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,753 Real Estate companies, INVL Baltic Real Estate ranks better than 94.58% 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. INVL Baltic Real Estate's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 983.57%.
The historical rank and industry rank for INVL Baltic Real Estate's ROC (Joel Greenblatt) % or its related term are showing as below:
OVSE:INR1L'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 564.54 Med: 1477.74 Max: 3492.31
Current: 2096.85
During the past 13 years, INVL Baltic Real Estate's highest ROC (Joel Greenblatt) % was 3492.31%. The lowest was 564.54%. And the median was 1477.74%.
OVSE:INR1L's ROC (Joel Greenblatt) % is ranked better than 94.58% of 1753
companies
in the Real Estate industry
Industry Median: 13.09
vs OVSE:INR1L: 2096.85
INVL Baltic Real Estate's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.90% per year.
INVL Baltic Real Estate (OVSE:INR1L) 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.
INVL Baltic Real Estate ROC (Joel Greenblatt) % Related Terms
INVL Baltic Real Estate ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for INVL Baltic Real Estate'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.
INVL Baltic Real Estate ROC (Joel Greenblatt) % Chart
OVSE:INR1L vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, INVL Baltic Real Estate'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.
INVL Baltic Real Estate ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, INVL Baltic Real Estate's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where INVL Baltic Real Estate's ROC (Joel Greenblatt) % falls into.
INVL Baltic Real Estate 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 983.57% mean?
INVL Baltic Real Estate (OVSE:INR1L) has a ROC (Joel Greenblatt) % of 983.57% 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 INVL Baltic Real Estate and its competitors. This is 33% below median its historical median of 1,477.74. Over the past decade, INVL Baltic Real Estate's ROC (Joel Greenblatt) % has ranged from 564.54 to 3,492.31. According to the industry distribution chart, INVL Baltic Real Estate ranks #95 out of 1753 companies in the Real Estate industry, placing it in the top 5.4%.
Is INVL Baltic Real Estate's ROC (Joel Greenblatt) % too high?
INVL Baltic Real Estate's current ROC (Joel Greenblatt) % of 983.57% is 33% below median its 10-year median of 1,477.74. Over the past 10 years, this metric has ranged from a low of 564.54 to a high of 3,492.31. The Real Estate industry median ROC (Joel Greenblatt) % is 13.09. INVL Baltic Real Estate's value of 983.57% is 7413.9% above this industry median. Based on the distribution chart, INVL Baltic Real Estate ranks #95 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, INVL Baltic Real Estate has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INVL Baltic Real Estate's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, INVL Baltic Real Estate ranks #95 out of 1753 companies for ROC (Joel Greenblatt) %. This places INVL Baltic Real Estate in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.09. INVL Baltic Real Estate's value of 983.57% is 7413.9% above this benchmark. Historically, INVL Baltic Real Estate's own ROC (Joel Greenblatt) % has ranged from 564.54 to 3,492.31 over the past decade. While the company's 10-year median is 1,477.74 vs. the industry median of 13.09, INVL Baltic Real Estate 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 13.09, based on 1,753 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. INVL Baltic Real Estate's current ROC (Joel Greenblatt) % of 983.57% is 7413.9% 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 INVL Baltic Real Estate and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INVL Baltic Real Estate's current ROC (Joel Greenblatt) % is 983.57%, which is 33% below median its own 10-year median of 1,477.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INVL Baltic Real Estate stock overvalued right now?
Based on GuruFocus' analysis, INVL Baltic Real Estate (OVSE:INR1L) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.74, compared to a current price of €3.08 — trading 12.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 983.57%, which is 33% below median its 10-year median of 1,477.74 and 7413.9% above the Real Estate industry median of 13.09. INVL Baltic Real Estate's overall GF Score™ is 52/100 with 10 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 INVL Baltic Real Estate (OVSE:INR1L), the current ROC (Joel Greenblatt) % is 983.57% 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 INVL Baltic Real Estate (OVSE:INR1L) Overvalued in 2026?
Based on GuruFocus' analysis, INVL Baltic Real Estate stock appears to be overvalued.
The current stock price of €3.08 is trading 12.4% above its estimated GF Value™ of €2.74.
GuruFocus considers INVL Baltic Real Estate to be Modestly Overvalued.
Key valuation signals for OVSE:INR1L:
ROC (Joel Greenblatt) %: 983.57% (33% below median its 10-year median of 1,477.74)
GF Value™: €2.74 vs. price of €3.08 (12.4% above fair value)
Industry Position: 7413.9% above the Real Estate median (#95 of 1753)
No single metric tells the full story. See the OVSE:INR1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INVL Baltic Real Estate is a real estate investment company seeks to ensure the growth of rental income and earn from investments in commercial real estate. The companies owned by INVL Baltic Real Estate invested in commercial real estate: business centers, manufacturing and warehouse properties in Lithuania and Latvia. All the properties are characterized by high occupancy rates and generate stable financial flow. INVL Baltic Real Estate is operating as a closed-end investment company.
52GF Score
Get the complete analysis for OVSE:INR1L
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OVSE:INR1L has been successfully added to your 
