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Alahli REIT Fund 1SAU:4338 +0.58%72 ROC (Joel Greenblatt) % is 47.80% as of Dec. 2025, which is 7% below its 10-year median of 51.13. GuruFocus rates SAU:4338 with a GF Score™ of 72/100 and a GF Value™ of ﷼8.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 577 REITs companies, Alahli REIT Fund 1 ranks worse than 63.08% 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. Alahli REIT Fund 1's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 47.80%.
The historical rank and industry rank for Alahli REIT Fund 1's ROC (Joel Greenblatt) % or its related term are showing as below:
SAU:4338'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.9 Med: 51.13 Max: 40624.2
Current: 48.87
During the past 8 years, Alahli REIT Fund 1's highest ROC (Joel Greenblatt) % was 40624.20%. The lowest was 4.90%. And the median was 51.13%.
SAU:4338's ROC (Joel Greenblatt) % is ranked worse than 63.08% of 577
companies
in the REITs industry
Industry Median: 172.03
vs SAU:4338: 48.87
Alahli REIT Fund 1's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Alahli REIT Fund 1 (SAU:4338) 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.
Alahli REIT Fund 1 ROC (Joel Greenblatt) % Related Terms
Alahli REIT Fund 1 ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Alahli REIT Fund 1'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.
SAU:4338 vs VICI, WPC: ROC (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Alahli REIT Fund 1'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.
Alahli REIT Fund 1 ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Alahli REIT Fund 1's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alahli REIT Fund 1's ROC (Joel Greenblatt) % falls into.
Alahli REIT Fund 1 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 47.80% mean?
Alahli REIT Fund 1 (SAU:4338) has a ROC (Joel Greenblatt) % of 47.80% 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 Alahli REIT Fund 1 and its competitors. This is near median its historical median of 51.13. Over the past decade, Alahli REIT Fund 1's ROC (Joel Greenblatt) % has ranged from 4.90 to 40,624.20. According to the industry distribution chart, Alahli REIT Fund 1 ranks #364 out of 577 companies in the REITs industry, placing it in the top 63.1%.
Is Alahli REIT Fund 1's ROC (Joel Greenblatt) % too high?
Alahli REIT Fund 1's current ROC (Joel Greenblatt) % of 47.80% is near median its 10-year median of 51.13. Over the past 10 years, this metric has ranged from a low of 4.90 to a high of 40,624.20. The REITs industry median ROC (Joel Greenblatt) % is 172.03. Alahli REIT Fund 1's value of 47.80% is 72.2% below this industry median. Based on the distribution chart, Alahli REIT Fund 1 ranks #364 out of 577 companies in the REITs industry, which is below the industry midpoint. Overall, Alahli REIT Fund 1 has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alahli REIT Fund 1's ROC (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Alahli REIT Fund 1 ranks #364 out of 577 companies for ROC (Joel Greenblatt) %. This places Alahli REIT Fund 1 in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 172.03. Alahli REIT Fund 1's value of 47.80% is 72.2% below this benchmark. Historically, Alahli REIT Fund 1's own ROC (Joel Greenblatt) % has ranged from 4.90 to 40,624.20 over the past decade. While the company's 10-year median is 51.13 vs. the industry median of 172.03, Alahli REIT Fund 1 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 172.03, based on 577 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. Alahli REIT Fund 1's current ROC (Joel Greenblatt) % of 47.80% is 72.2% 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 Alahli REIT Fund 1 and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 172.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alahli REIT Fund 1's current ROC (Joel Greenblatt) % is 47.80%, which is near median its own 10-year median of 51.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alahli REIT Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Alahli REIT Fund 1 (SAU:4338) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼8.35, compared to a current price of ﷼6.88 — trading 17.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 47.80%, which is near median its 10-year median of 51.13 and 72.2% below the REITs industry median of 172.03. Alahli REIT Fund 1's overall GF Score™ is 72/100 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 Alahli REIT Fund 1 (SAU:4338), the current ROC (Joel Greenblatt) % is 47.80% 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 Alahli REIT Fund 1 (SAU:4338) Overvalued in 2026?
Based on GuruFocus' analysis, Alahli REIT Fund 1 stock appears to be undervalued.
The current stock price of ﷼6.88 is trading 17.6% below its estimated GF Value™ of ﷼8.35.
GuruFocus considers Alahli REIT Fund 1 to be Modestly Undervalued.
Key valuation signals for SAU:4338:
ROC (Joel Greenblatt) %: 47.80% (near median its 10-year median of 51.13)
GF Value™: ﷼8.35 vs. price of ﷼6.88 (17.6% below fair value)
Industry Position: 72.2% below the REITs median (#364 of 577)
No single metric tells the full story. See the SAU:4338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.
72GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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