Caspar Asset ManagementWAR:CSR -8.87%69 ROC (Joel Greenblatt) % is 73.07% as of Mar. 2026, which is 16% below its 10-year median of 87.47. GuruFocus rates WAR:CSR with a GF Score™ of 69/100 and a GF Value™ of zł12.90 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 627 Asset Management companies, Caspar Asset Management ranks worse than 52.95% 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. Caspar Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 73.07%.
The historical rank and industry rank for Caspar Asset Management's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:CSR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.92 Med: 87.47 Max: 218.29
Current: 48.98
During the past 13 years, Caspar Asset Management's highest ROC (Joel Greenblatt) % was 218.29%. The lowest was 36.92%. And the median was 87.47%.
WAR:CSR's ROC (Joel Greenblatt) % is ranked worse than 52.95% of 627
companies
in the Asset Management industry
Industry Median: 63.97
vs WAR:CSR: 48.98
Caspar Asset Management's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -24.30% per year.
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.
Caspar Asset Management ROC (Joel Greenblatt) % Related Terms
Caspar Asset Management ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Caspar Asset Management'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.
WAR:CSR vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Caspar Asset Management'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.
Caspar Asset Management ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Caspar Asset Management's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Caspar Asset Management'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 (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 73.07% mean?
Caspar Asset Management (WAR:CSR) has a ROC (Joel Greenblatt) % of 73.07% 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 Caspar Asset Management and its competitors. This is 16% below median its historical median of 87.47. Over the past decade, Caspar Asset Management's ROC (Joel Greenblatt) % has ranged from 36.92 to 218.29. According to the industry distribution chart, Caspar Asset Management ranks #332 out of 627 companies in the Asset Management industry, placing it in the top 53%.
Is Caspar Asset Management's ROC (Joel Greenblatt) % too high?
Caspar Asset Management's current ROC (Joel Greenblatt) % of 73.07% is 16% below median its 10-year median of 87.47. Over the past 10 years, this metric has ranged from a low of 36.92 to a high of 218.29. The Asset Management industry median ROC (Joel Greenblatt) % is 63.97. Caspar Asset Management's value of 73.07% is 14.2% above this industry median. Based on the distribution chart, Caspar Asset Management ranks #332 out of 627 companies in the Asset Management industry, which is below the industry midpoint. Overall, Caspar Asset Management has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Caspar Asset Management's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Caspar Asset Management ranks #332 out of 627 companies for ROC (Joel Greenblatt) %. This places Caspar Asset Management in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.97. Caspar Asset Management's value of 73.07% is 14.2% above this benchmark. Historically, Caspar Asset Management's own ROC (Joel Greenblatt) % has ranged from 36.92 to 218.29 over the past decade. While the company's 10-year median is 87.47 vs. the industry median of 63.97, Caspar Asset Management 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.97, based on 627 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. Caspar Asset Management's current ROC (Joel Greenblatt) % of 73.07% is 14.2% 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 Caspar Asset Management and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspar Asset Management's current ROC (Joel Greenblatt) % is 73.07%, which is 16% below median its own 10-year median of 87.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspar Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Caspar Asset Management (WAR:CSR) is currently considered Possible Value Trap. The stock's GF Value™ is zł12.90, compared to a current price of zł5.65 — trading 56.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 73.07%, which is 16% below median its 10-year median of 87.47 and 14.2% above the Asset Management industry median of 63.97. Caspar Asset Management's overall GF Score™ is 69/100 with 4 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 Caspar Asset Management (WAR:CSR), the current ROC (Joel Greenblatt) % is 73.07% 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 Caspar Asset Management (WAR:CSR) Overvalued in 2026?
Based on GuruFocus' analysis, Caspar Asset Management stock appears to be undervalued.
The current stock price of zł5.65 is trading 56.2% below its estimated GF Value™ of zł12.90.
GuruFocus considers Caspar Asset Management to be Possible Value Trap.
Key valuation signals for WAR:CSR:
ROC (Joel Greenblatt) %: 73.07% (16% below median its 10-year median of 87.47)
GF Value™: zł12.90 vs. price of zł5.65 (56.2% below fair value)
Industry Position: 14.2% above the Asset Management median (#332 of 627)
No single metric tells the full story. See the WAR:CSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caspar Asset Management SA is an asset management company. The company offers asset management services such as investment advice, asset administration to individuals and institutional investors in Poland.
69GF Score
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