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Pandox ABPNDXF -4.22%71 ROC (Joel Greenblatt) % is 28.96% as of Jun. 2026, which is 36% below its 10-year median of 45.23. GuruFocus rates PNDXF with a GF Score™ of 71/100 and a GF Value™ of $21.25. The stock has 7 warning signs investors should review. Among 1,753 Real Estate companies, Pandox AB ranks better than 68.34% 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. Pandox AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 28.96%.
The historical rank and industry rank for Pandox AB's ROC (Joel Greenblatt) % or its related term are showing as below:
PNDXF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.48 Med: 45.23 Max: 73.33
Current: 40.77
During the past 13 years, Pandox AB's highest ROC (Joel Greenblatt) % was 73.33%. The lowest was -5.48%. And the median was 45.23%.
PNDXF's ROC (Joel Greenblatt) % is ranked better than 68.34% of 1753
companies
in the Real Estate industry
Industry Median: 13.46
vs PNDXF: 40.77
Pandox AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Pandox AB (OTCPK:PNDXF) 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.
The historical data trend for Pandox AB'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.
PNDXF vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Pandox AB'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.
Pandox AB ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Pandox AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pandox AB's ROC (Joel Greenblatt) % falls into.
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 28.96% mean?
Pandox AB (PNDXF) has a ROC (Joel Greenblatt) % of 28.96% 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 Pandox AB and its competitors. This is 36% below median its historical median of 45.23. According to the industry distribution chart, Pandox AB ranks #555 out of 1753 companies in the Real Estate industry, placing it in the top 31.7%.
Is Pandox AB's ROC (Joel Greenblatt) % too high?
Pandox AB's current ROC (Joel Greenblatt) % of 28.96% is 36% below median its 10-year median of 45.23. The Real Estate industry median ROC (Joel Greenblatt) % is 13.46. Pandox AB's value of 28.96% is 115.2% above this industry median. Based on the distribution chart, Pandox AB ranks #555 out of 1753 companies in the Real Estate industry, which is above the industry midpoint. Overall, Pandox AB has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Pandox AB's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Pandox AB ranks #555 out of 1753 companies for ROC (Joel Greenblatt) %. This puts Pandox AB in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. Pandox AB's value of 28.96% is 115.2% above this benchmark. While the company's 10-year median is 45.23 vs. the industry median of 13.46, Pandox AB 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 13.46, 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. Pandox AB's current ROC (Joel Greenblatt) % of 28.96% is 115.2% 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 Pandox AB and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pandox AB's current ROC (Joel Greenblatt) % is 28.96%, which is 36% below median its own 10-year median of 45.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandox AB stock overvalued right now?
Pandox AB (PNDXF) has a current ROC (Joel Greenblatt) % of 28.96%. The stock's GF Value™ is $21.25, compared to a current price of $19.22 — trading 9.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 28.96%, which is 36% below median its 10-year median of 45.23 and 115.2% above the Real Estate industry median of 13.46. Pandox AB's overall GF Score™ is 71/100 with 7 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 Pandox AB (PNDXF), the current ROC (Joel Greenblatt) % is 28.96% 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 Pandox AB (PNDXF) Overvalued in 2026?
Based on GuruFocus' analysis, Pandox AB stock appears to be undervalued.
The current stock price of $19.22 is trading 9.5% below its estimated GF Value™ of $21.25.
Key valuation signals for PNDXF:
ROC (Joel Greenblatt) %: 28.96% (36% below median its 10-year median of 45.23)
GF Value™: $21.25 vs. price of $19.22 (9.5% below fair value)
Industry Position: 115.2% above the Real Estate median (#555 of 1753)
No single metric tells the full story. See the PNDXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pandox AB is a hotel property company focused on owning, developing, and leasing hotel properties to hotel operators, with its business concept based on long-term, revenue-based leases with guaranteed minimum levels. It also operates certain hotels itself as part of its ownership. Its activities include property management, property development, and portfolio optimisation, along with leasing hotel properties and operating hotels under its Own Operations segment. The Company operates through two main segments, namely Leases, which contributes the maximum revenue and is the core business with long-term revenue-based lease agreements, and Own Operations, where the Company operates hotels in its own properties. Geographically, Pandox has a presence across Europe.
71GF Score
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