PINE (Alpineome Property Trust) ROC (Joel Greenblatt) %: 132.06% (As of Mar. 2026) — 17% Below Median

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PINE Alpine Income Property Trust Inc PINE
76 GF Score
Price $21.33
GF Value $21.51
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Alpineome Property Trust ROC (Joel Greenblatt) %?

Alpineome Property Trust PINE -1.93% 76 ROC (Joel Greenblatt) % is 132.06% as of Mar. 2026, which is 17% below its 10-year median of 159.45. GuruFocus rates PINE with a GF Scoreâ„¢ of 76/100 and a GF Valueâ„¢ of $21.51 (Fairly Valued). The stock has 10 warning signs investors should review. Among 584 REITs companies, Alpineome Property Trust ranks worse than 54.28% 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. Alpineome Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 132.06%.

The historical rank and industry rank for Alpineome Property Trust's ROC (Joel Greenblatt) % or its related term are showing as below:

PINE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 69.26   Med: 159.45   Max: 1198.85
Current: 132.56

During the past 9 years, Alpineome Property Trust's highest ROC (Joel Greenblatt) % was 1198.85%. The lowest was 69.26%. And the median was 159.45%.

PINE's ROC (Joel Greenblatt) % is ranked worse than
54.28% of 584 companies
in the REITs industry
Industry Median: 179.775 vs PINE: 132.56

Alpineome Property Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Alpineome Property Trust  (NYSE:PINE) 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.


Alpineome Property Trust ROC (Joel Greenblatt) % Related Terms


Alpineome Property Trust ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Alpineome Property Trust'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.

Alpineome Property Trust ROC (Joel Greenblatt) % Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 0.00 1,198.85 173.28 145.61 69.26

Alpineome Property Trust 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 97.87 143.79 148.82 107.34 132.06

PINE vs SITC, WHLR, BFS: ROC (Joel Greenblatt) % Comparison

For the REIT - Retail subindustry, Alpineome Property Trust'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.


Alpineome Property Trust ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Alpineome Property Trust's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Alpineome Property Trust's ROC (Joel Greenblatt) % falls into.


PINE
76GF Score
Alpine Income Property Trust Inc PINE
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpineome Property Trust 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)
=(0.889 + 0 + 42.737) - (3.775 + 14.031 + 0)
=25.82

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.447 + 0 + 25.708) - (3.884 + 16.053 + 0)
=7.218

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Alpineome Property Trust 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 )
=25.78/( ( (3.025 + max(25.82, 0)) + (2.979 + max(7.218, 0)) )/ 2 )
=25.78/( ( 28.845 + 10.197 )/ 2 )
=25.78/19.521
=132.06 %

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 132.06% mean?
Alpineome Property Trust (PINE) has a ROC (Joel Greenblatt) % of 132.06% 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 Alpineome Property Trust and its competitors. This is 17% below median its historical median of 159.45. Over the past decade, Alpineome Property Trust's ROC (Joel Greenblatt) % has ranged from 69.26 to 1,198.85. According to the industry distribution chart, Alpineome Property Trust ranks #317 out of 584 companies in the REITs industry, placing it in the top 54.3%.
Is Alpineome Property Trust's ROC (Joel Greenblatt) % too high?
Alpineome Property Trust's current ROC (Joel Greenblatt) % of 132.06% is 17% below median its 10-year median of 159.45. Over the past 10 years, this metric has ranged from a low of 69.26 to a high of 1,198.85. The REITs industry median ROC (Joel Greenblatt) % is 179.78. Alpineome Property Trust's value of 132.06% is 26.5% below this industry median. Based on the distribution chart, Alpineome Property Trust ranks #317 out of 584 companies in the REITs industry, which is below the industry midpoint. Overall, Alpineome Property Trust has a GF Scoreâ„¢ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpineome Property Trust's ROC (Joel Greenblatt) % compare to SITC and WHLR?
According to the REITs industry distribution chart, Alpineome Property Trust ranks #317 out of 584 companies for ROC (Joel Greenblatt) %. This places Alpineome Property Trust in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 179.78. Alpineome Property Trust's value of 132.06% is 26.5% below this benchmark. Historically, Alpineome Property Trust's own ROC (Joel Greenblatt) % has ranged from 69.26 to 1,198.85 over the past decade. While the company's 10-year median is 159.45 vs. the industry median of 179.78, Alpineome Property Trust 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 179.78, based on 584 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. Alpineome Property Trust's current ROC (Joel Greenblatt) % of 132.06% is 26.5% 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 Alpineome Property Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 179.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpineome Property Trust's current ROC (Joel Greenblatt) % is 132.06%, which is 17% below median its own 10-year median of 159.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpineome Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpineome Property Trust (PINE) is currently considered Fairly Valued. The stock's GF Value™ is $21.51, compared to a current price of $21.33 — trading 0.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 132.06%, which is 17% below median its 10-year median of 159.45 and 26.5% below the REITs industry median of 179.78. Alpineome Property Trust's overall GF Score™ is 76/100 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 Alpineome Property Trust (PINE), the current ROC (Joel Greenblatt) % is 132.06% 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 Alpineome Property Trust (PINE) Overvalued in 2026?

Based on GuruFocus' analysis, Alpineome Property Trust stock appears to be undervalued. The current stock price of $21.33 is trading 0.8% below its estimated GF Value™ of $21.51. GuruFocus considers Alpineome Property Trust to be Fairly Valued.

Key valuation signals for PINE:

  • ROC (Joel Greenblatt) %: 132.06% (17% below median its 10-year median of 159.45)
  • GF Value™: $21.51 vs. price of $21.33 (0.8% below fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 26.5% below the REITs median (#317 of 584)

No single metric tells the full story. See the PINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpineome Property Trust Business Description

Industry Real EstateREITs
Other Exchanges H3Y:Germany
Address 369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate investment trust (REIT) that owns and operates a high-quality portfolio of commercial net lease properties in the United States. The company's portfolio predominantly comprises single-tenant retail properties located in or near metropolitan statistical areas, or MSAs. It operates in two business segments: income properties, which derive maximum revenue, and commercial loans and investments.
76GF Score

Get the complete analysis for PINE

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.33
Price
$21.51
GF Value