Gladstone Commercial (STU:GLE) ROC (Joel Greenblatt) %: 1,134.07% (As of Mar. 2026) — 38% Above Median

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STU:GLE Gladstone Commercial Corp STU:GLE
71 GF Score
Price €11.00
GF Value €11.05
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Gladstone Commercial ROC (Joel Greenblatt) %?

Gladstone Commercial STU:GLE +0.92% 71 ROC (Joel Greenblatt) % is 1,134.07% as of Mar. 2026, which is 38% above its 10-year median of 824.23. GuruFocus rates STU:GLE with a GF Score™ of 71/100 and a GF Value™ of €11.05 (Fairly Valued). The stock has 8 warning signs investors should review. Among 586 REITs companies, Gladstone Commercial ranks better than 75.43% 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. Gladstone Commercial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,134.07%.

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

STU:GLE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 652.74   Med: 824.23   Max: 1388.36
Current: 980.11

During the past 13 years, Gladstone Commercial's highest ROC (Joel Greenblatt) % was 1388.36%. The lowest was 652.74%. And the median was 824.23%.

STU:GLE's ROC (Joel Greenblatt) % is ranked better than
75.43% of 586 companies
in the REITs industry
Industry Median: 180.645 vs STU:GLE: 980.11

Gladstone Commercial's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.40% per year.


Gladstone Commercial  (STU:GLE) 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.


Gladstone Commercial ROC (Joel Greenblatt) % Related Terms


Gladstone Commercial ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Gladstone Commercial'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.

Gladstone Commercial ROC (Joel Greenblatt) % Chart

Gladstone Commercial 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 716.61 851.44 830.81 1,419.55 1,111.42

Gladstone Commercial 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 1,045.06 836.65 876.76 1,051.43 1,134.07

STU:GLE vs AHRT, OLP, CTO: ROC (Joel Greenblatt) % Comparison

For the REIT - Diversified subindustry, Gladstone Commercial'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.


Gladstone Commercial ROC (Joel Greenblatt) % vs REITs Industry

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

* The bar in red indicates where Gladstone Commercial's ROC (Joel Greenblatt) % falls into.


STU:GLE
71GF Score
Gladstone Commercial Corp STU:GLE
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gladstone Commercial 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 + 8.906 + 10.204) - (12.111 + 14.681 + 0.34)
=-8.022

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 8.865 + 7.337) - (14.655 + 14.111 + 0.343)
=-12.907

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gladstone Commercial 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 )
=63.752/( ( (5.623 + max(-8.022, 0)) + (5.62 + max(-12.907, 0)) )/ 2 )
=63.752/( ( 5.623 + 5.62 )/ 2 )
=63.752/5.6215
=1,134.07 %

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 1,134.07% mean?
Gladstone Commercial (STU:GLE) has a ROC (Joel Greenblatt) % of 1,134.07% 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 Gladstone Commercial and its competitors. This is 38% above median its historical median of 824.23. Over the past decade, Gladstone Commercial's ROC (Joel Greenblatt) % has ranged from 652.74 to 1,388.36. According to the industry distribution chart, Gladstone Commercial ranks #144 out of 586 companies in the REITs industry, placing it in the top 24.6%.
Is Gladstone Commercial's ROC (Joel Greenblatt) % too high?
Gladstone Commercial's current ROC (Joel Greenblatt) % of 1,134.07% is 38% above median its 10-year median of 824.23. Over the past 10 years, this metric has ranged from a low of 652.74 to a high of 1,388.36. The REITs industry median ROC (Joel Greenblatt) % is 180.65. Gladstone Commercial's value of 1,134.07% is 527.8% above this industry median. Based on the distribution chart, Gladstone Commercial ranks #144 out of 586 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Gladstone Commercial has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Commercial's ROC (Joel Greenblatt) % compare to AHRT and OLP?
According to the REITs industry distribution chart, Gladstone Commercial ranks #144 out of 586 companies for ROC (Joel Greenblatt) %. This places Gladstone Commercial in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 180.65. Gladstone Commercial's value of 1,134.07% is 527.8% above this benchmark. Historically, Gladstone Commercial's own ROC (Joel Greenblatt) % has ranged from 652.74 to 1,388.36 over the past decade. While the company's 10-year median is 824.23 vs. the industry median of 180.65, Gladstone Commercial 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 180.65, based on 586 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. Gladstone Commercial's current ROC (Joel Greenblatt) % of 1,134.07% is 527.8% 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 Gladstone Commercial and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 180.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gladstone Commercial's current ROC (Joel Greenblatt) % is 1,134.07%, which is 38% above median its own 10-year median of 824.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Commercial stock overvalued right now?
Based on GuruFocus' analysis, Gladstone Commercial (STU:GLE) is currently considered Fairly Valued. The stock's GF Value™ is €11.05, compared to a current price of €11.00 — trading 0.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,134.07%, which is 38% above median its 10-year median of 824.23 and 527.8% above the REITs industry median of 180.65. Gladstone Commercial's overall GF Score™ is 71/100 with 8 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 Gladstone Commercial (STU:GLE), the current ROC (Joel Greenblatt) % is 1,134.07% 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 Gladstone Commercial (STU:GLE) Overvalued in 2026?

Based on GuruFocus' analysis, Gladstone Commercial stock appears to be undervalued. The current stock price of €11.00 is trading 0.5% below its estimated GF Value™ of €11.05. GuruFocus considers Gladstone Commercial to be Fairly Valued.

Key valuation signals for STU:GLE:

  • ROC (Joel Greenblatt) %: 1,134.07% (38% above median its 10-year median of 824.23)
  • GF Value™: €11.05 vs. price of €11.00 (0.5% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 527.8% above the REITs median (#144 of 586)

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


Gladstone Commercial Business Description

Industry Real EstateREITs
Address 1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.
71GF Score

Get the complete analysis for STU:GLE

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

€11.00
Price
€11.05
GF Value