Empire East Land Holdings (PHS:ELI) ROC (Joel Greenblatt) %: 7.56% (As of Mar. 2026) — 46% Above Median


What is Empire East Land Holdings ROC (Joel Greenblatt) %?

Empire East Land Holdings PHS:ELI -1.02% ROC (Joel Greenblatt) % is 7.56% as of Mar. 2026, which is 46% above its 10-year median of 5.18. The stock has 5 warning signs investors should review. Among 1,749 Real Estate companies, Empire East Land Holdings ranks worse than 63.58% 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. Empire East Land Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.56%.

The historical rank and industry rank for Empire East Land Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

PHS:ELI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.33   Med: 5.18   Max: 6.38
Current: 5.66

During the past 13 years, Empire East Land Holdings's highest ROC (Joel Greenblatt) % was 6.38%. The lowest was 4.33%. And the median was 5.18%.

PHS:ELI's ROC (Joel Greenblatt) % is ranked worse than
63.58% of 1749 companies
in the Real Estate industry
Industry Median: 12.5 vs PHS:ELI: 5.66

Empire East Land Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.80% per year.


Empire East Land Holdings  (PHS:ELI) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Empire East Land Holdings ROC (Joel Greenblatt) % Related Terms


Empire East Land Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Empire East Land Holdings'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.

Empire East Land Holdings ROC (Joel Greenblatt) % Chart

Empire East Land Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 5.99 6.17 6.38 5.85

Empire East Land Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.27 6.24 5.33 3.52 7.56

Empire East Land Holdings ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Empire East Land Holdings'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.


Empire East Land Holdings ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Empire East Land Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Empire East Land Holdings's ROC (Joel Greenblatt) % falls into.



Empire East Land Holdings 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5989.592 + 21397.205 + 10133.822) - (3091.061 + 0 + 12096.353)
=22333.205

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9881.379 + 21261.34 + 7333.941) - (2663.926 + 0 + 13048.662)
=22764.072

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Empire East Land Holdings for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1719.968/( ( (204.23 + max(22333.205, 0)) + (201.647 + max(22764.072, 0)) )/ 2 )
=1719.968/( ( 22537.435 + 22965.719 )/ 2 )
=1719.968/22751.577
=7.56 %

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 7.56% mean?
Empire East Land Holdings (PHS:ELI) has a ROC (Joel Greenblatt) % of 7.56% 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 Empire East Land Holdings and its competitors. This is 46% above median its historical median of 5.18. Over the past decade, Empire East Land Holdings' ROC (Joel Greenblatt) % has ranged from 4.33 to 6.38. According to the industry distribution chart, Empire East Land Holdings ranks #1112 out of 1749 companies in the Real Estate industry, placing it in the top 63.6%.
Is Empire East Land Holdings' ROC (Joel Greenblatt) % too high?
Empire East Land Holdings' current ROC (Joel Greenblatt) % of 7.56% is 46% above median its 10-year median of 5.18. Over the past 10 years, this metric has ranged from a low of 4.33 to a high of 6.38. The Real Estate industry median ROC (Joel Greenblatt) % is 12.50. Empire East Land Holdings' value of 7.56% is 39.5% below this industry median. Based on the distribution chart, Empire East Land Holdings ranks #1112 out of 1749 companies in the Real Estate industry, which is below the industry midpoint.
How does Empire East Land Holdings' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Empire East Land Holdings ranks #1112 out of 1749 companies for ROC (Joel Greenblatt) %. This places Empire East Land Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.50. Empire East Land Holdings' value of 7.56% is 39.5% below this benchmark. Historically, Empire East Land Holdings' own ROC (Joel Greenblatt) % has ranged from 4.33 to 6.38 over the past decade. While the company's 10-year median is 5.18 vs. the industry median of 12.50, Empire East Land Holdings has consistently been below 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 12.50, based on 1,749 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. Empire East Land Holdings's current ROC (Joel Greenblatt) % of 7.56% is 39.5% below 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 Empire East Land Holdings and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire East Land Holdings's current ROC (Joel Greenblatt) % is 7.56%, which is 46% above median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire East Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, Empire East Land Holdings (PHS:ELI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.12, compared to a current price of ₱0.10 — trading 19.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.56%, which is 46% above median its 10-year median of 5.18 and 39.5% below the Real Estate industry median of 12.50. 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 Empire East Land Holdings (PHS:ELI), the current ROC (Joel Greenblatt) % is 7.56% 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.

Empire East Land Holdings Business Description

Address The Paddington Place, 632 Shaw Boulevard, 2nd Floor, Barangay Highway Hills, Metro Manila, Mandaluyong, PHL, 1552
Empire East Land Holdings Inc is engaged in the business of real estate development, mass community housing, townhouses, and row houses development. The Company is engaged in the planning, development, marketing, and sale of residential communities in key growth areas of Metro Manila and select provinces in Luzon. The Company also leases out commercial and industrial properties. The Company's core product offerings include: Mid-rise and high-rise residential condominiums, Transit-Oriented Developments located near rail systems and transportation corridors, Urban resort-themed residential communities, Master-planned townships and micro-city developments, House-and-lot and lot-only subdivisions in growth corridors.