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Hamad Mohammed Binidan Real Estate CoSAU:9648 +4.44%6 ROC (Joel Greenblatt) % is 14.89% as of Dec. 2025, which is 1% above its 10-year median of 14.71. GuruFocus rates SAU:9648 with a GF Score™ of 6/100. The stock has 2 warning signs investors should review. Among 1,755 Real Estate companies, Hamad Mohammed Binidan Real Estate Co ranks better than 52.25% 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. Hamad Mohammed Binidan Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.89%.
SAU:9648'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.52 Med: 14.71 Max: 14.89
Current: 14.89
During the past 2 years, Hamad Mohammed Binidan Real Estate Co's highest ROC (Joel Greenblatt) % was 14.89%. The lowest was 14.52%. And the median was 14.71%.
SAU:9648's ROC (Joel Greenblatt) % is ranked better than 52.25% of 1755
companies
in the Real Estate industry
Industry Median: 13.23
vs SAU:9648: 14.89
Hamad Mohammed Binidan Real Estate Co (SAU:9648) 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.
* 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.
Hamad Mohammed Binidan Real Estate Co ROC (Joel Greenblatt) % Chart
Hamad Mohammed Binidan Real Estate Co Annual Data
Trend
Dec24
Dec25
ROC (Joel Greenblatt) %
14.52
14.89
Hamad Mohammed Binidan Real Estate Co Semi-Annual Data
Dec24
Dec25
ROC (Joel Greenblatt) %
14.52
14.89
Hamad Mohammed Binidan Real Estate Co ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Hamad Mohammed Binidan Real Estate Co'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.
Hamad Mohammed Binidan Real Estate Co ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hamad Mohammed Binidan Real Estate Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hamad Mohammed Binidan Real Estate Co's ROC (Joel Greenblatt) % falls into.
Hamad Mohammed Binidan Real Estate Co 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 one times the 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 14.89% mean?
Hamad Mohammed Binidan Real Estate Co (SAU:9648) has a ROC (Joel Greenblatt) % of 14.89% 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 Hamad Mohammed Binidan Real Estate Co and its competitors. This is near median its historical median of 14.71. Over the past decade, Hamad Mohammed Binidan Real Estate Co's ROC (Joel Greenblatt) % has ranged from 14.52 to 14.89. According to the industry distribution chart, Hamad Mohammed Binidan Real Estate Co ranks #838 out of 1755 companies in the Real Estate industry, placing it in the top 47.7%.
Is Hamad Mohammed Binidan Real Estate Co's ROC (Joel Greenblatt) % too high?
Hamad Mohammed Binidan Real Estate Co's current ROC (Joel Greenblatt) % of 14.89% is near median its 10-year median of 14.71. Over the past 10 years, this metric has ranged from a low of 14.52 to a high of 14.89. The Real Estate industry median ROC (Joel Greenblatt) % is 13.23. Hamad Mohammed Binidan Real Estate Co's value of 14.89% is 12.5% above this industry median. Based on the distribution chart, Hamad Mohammed Binidan Real Estate Co ranks #838 out of 1755 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hamad Mohammed Binidan Real Estate Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Hamad Mohammed Binidan Real Estate Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Hamad Mohammed Binidan Real Estate Co ranks #838 out of 1755 companies for ROC (Joel Greenblatt) %. This puts Hamad Mohammed Binidan Real Estate Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.23. Hamad Mohammed Binidan Real Estate Co's value of 14.89% is 12.5% above this benchmark. Historically, Hamad Mohammed Binidan Real Estate Co's own ROC (Joel Greenblatt) % has ranged from 14.52 to 14.89 over the past decade. While the company's 10-year median is 14.71 vs. the industry median of 13.23, Hamad Mohammed Binidan Real Estate Co 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 13.23, based on 1,755 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. Hamad Mohammed Binidan Real Estate Co's current ROC (Joel Greenblatt) % of 14.89% is 12.5% 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 Hamad Mohammed Binidan Real Estate Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamad Mohammed Binidan Real Estate Co's current ROC (Joel Greenblatt) % is 14.89%, which is near median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamad Mohammed Binidan Real Estate Co stock overvalued right now?
Hamad Mohammed Binidan Real Estate Co (SAU:9648) has a current ROC (Joel Greenblatt) % of 14.89%. The current ROC (Joel Greenblatt) % is 14.89%, which is near median its 10-year median of 14.71 and 12.5% above the Real Estate industry median of 13.23. Hamad Mohammed Binidan Real Estate Co's overall GF Score™ is 6/100 with 2 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 Hamad Mohammed Binidan Real Estate Co (SAU:9648), the current ROC (Joel Greenblatt) % is 14.89% 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.
Address4962 King Fahd Road, Building 4, 4th Floor, Al Mohammadiyah District, Development Towers, Riyadh, SAU, 12361
Hamad Mohammed Bin Saidan Real Estate Co is engaged in the construction of residential and commercial complexes, as well as the development of residential and commercial plots. Its projects include: Business projects, Residential projects, and Logistics projects. Its services include: Real estate project development; Real estate marketing; Off-plan sale; Property Management; and Real estate contributions.
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