Plaza Retail REITPAZRF -0.81%68 ROC (Joel Greenblatt) % is 896.13% as of Mar. 2026, which is 13% above its 10-year median of 794.78. GuruFocus rates PAZRF with a GF Score™ of 68/100 and a GF Value™ of $2.91 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 586 REITs companies, Plaza Retail REIT ranks better than 74.74% 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. Plaza Retail REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 896.13%.
The historical rank and industry rank for Plaza Retail REIT's ROC (Joel Greenblatt) % or its related term are showing as below:
PAZRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 794.78 Med: 794.78 Max: 938.55
Current: 938.55
During the past 13 years, Plaza Retail REIT's highest ROC (Joel Greenblatt) % was 938.55%. The lowest was 794.78%. And the median was 794.78%.
PAZRF's ROC (Joel Greenblatt) % is ranked better than 74.74% of 586
companies
in the REITs industry
Industry Median: 176.06
vs PAZRF: 938.55
Plaza Retail REIT's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Plaza Retail REIT (OTCPK:PAZRF) 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.
Plaza Retail REIT ROC (Joel Greenblatt) % Related Terms
Plaza Retail REIT ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Plaza Retail REIT'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.
PAZRF vs SPG, O, KIM: ROC (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Plaza Retail REIT'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.
Plaza Retail REIT ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Plaza Retail REIT's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Plaza Retail REIT's ROC (Joel Greenblatt) % falls into.
Plaza Retail REIT 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 (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 896.13% mean?
Plaza Retail REIT (PAZRF) has a ROC (Joel Greenblatt) % of 896.13% 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 Plaza Retail REIT and its competitors. This is 13% above median its historical median of 794.78. Over the past decade, Plaza Retail REIT's ROC (Joel Greenblatt) % has ranged from 794.78 to 938.55. According to the industry distribution chart, Plaza Retail REIT ranks #148 out of 586 companies in the REITs industry, placing it in the top 25.3%.
Is Plaza Retail REIT's ROC (Joel Greenblatt) % too high?
Plaza Retail REIT's current ROC (Joel Greenblatt) % of 896.13% is 13% above median its 10-year median of 794.78. Over the past 10 years, this metric has ranged from a low of 794.78 to a high of 938.55. The REITs industry median ROC (Joel Greenblatt) % is 176.06. Plaza Retail REIT's value of 896.13% is 409% above this industry median. Based on the distribution chart, Plaza Retail REIT ranks #148 out of 586 companies in the REITs industry, which is above the industry midpoint. Overall, Plaza Retail REIT has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Retail REIT's ROC (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Plaza Retail REIT ranks #148 out of 586 companies for ROC (Joel Greenblatt) %. This puts Plaza Retail REIT in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 176.06. Plaza Retail REIT's value of 896.13% is 409% above this benchmark. Historically, Plaza Retail REIT's own ROC (Joel Greenblatt) % has ranged from 794.78 to 938.55 over the past decade. While the company's 10-year median is 794.78 vs. the industry median of 176.06, Plaza Retail REIT 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 176.06, based on 586 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. Plaza Retail REIT's current ROC (Joel Greenblatt) % of 896.13% is 409% 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 Plaza Retail REIT and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 176.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plaza Retail REIT's current ROC (Joel Greenblatt) % is 896.13%, which is 13% above median its own 10-year median of 794.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, Plaza Retail REIT (PAZRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.91, compared to a current price of $3.67 — trading 26.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 896.13%, which is 13% above median its 10-year median of 794.78 and 409% above the REITs industry median of 176.06. Plaza Retail REIT's overall GF Score™ is 68/100 with 12 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 Plaza Retail REIT (PAZRF), the current ROC (Joel Greenblatt) % is 896.13% 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 Plaza Retail REIT (PAZRF) Overvalued in 2026?
Based on GuruFocus' analysis, Plaza Retail REIT stock appears to be overvalued.
The current stock price of $3.67 is trading 26.1% above its estimated GF Value™ of $2.91.
GuruFocus considers Plaza Retail REIT to be Modestly Overvalued.
Key valuation signals for PAZRF:
ROC (Joel Greenblatt) %: 896.13% (13% above median its 10-year median of 794.78)
GF Value™: $2.91 vs. price of $3.67 (26.1% above fair value)
Industry Position: 409% above the REITs median (#148 of 586)
No single metric tells the full story. See the PAZRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plaza Retail REIT is an unincorporated, open-ended real estate investment trust. It operates as a developer, owner, and manager of retail real estate located mainly in Ontario, Quebec, and Atlantic Canada. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets, and is predominantly occupied by national tenants. Additionally, it also holds land for development.
68GF Score
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