Lokaty Budowlane (WAR:LBD) ROC (Joel Greenblatt) %: 4.30% (As of Mar. 2026)

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WAR:LBD Lokaty Budowlane SA WAR:LBD
31 GF Score
Price zł0.90
GF Value zł0.39
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lokaty Budowlane ROC (Joel Greenblatt) %?

Lokaty Budowlane WAR:LBD 31 ROC (Joel Greenblatt) % is 4.30% as of Mar. 2026. GuruFocus rates WAR:LBD with a GF Score™ of 31/100 and a GF Value™ of zł0.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,750 Real Estate companies, Lokaty Budowlane ranks worse than 63.66% 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. Lokaty Budowlane's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.30%.

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

WAR:LBD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -54.48   Med: -1.77   Max: 80.82
Current: 5.57

During the past 13 years, Lokaty Budowlane's highest ROC (Joel Greenblatt) % was 80.82%. The lowest was -54.48%. And the median was -1.77%.

WAR:LBD's ROC (Joel Greenblatt) % is ranked worse than
63.66% of 1750 companies
in the Real Estate industry
Industry Median: 12.795 vs WAR:LBD: 5.57

Lokaty Budowlane's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Lokaty Budowlane  (WAR:LBD) 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.


Lokaty Budowlane ROC (Joel Greenblatt) % Related Terms


Lokaty Budowlane ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Lokaty Budowlane'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.

Lokaty Budowlane ROC (Joel Greenblatt) % Chart

Lokaty Budowlane Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.94 80.82 -9.62 16.07 42.42

Lokaty Budowlane Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 24.01 79.34 12.18 5.47 4.30

WAR:LBD vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Lokaty Budowlane'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.


Lokaty Budowlane ROC (Joel Greenblatt) % vs Real Estate Industry

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

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


WAR:LBD
31GF Score
Lokaty Budowlane SA WAR:LBD
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lokaty Budowlane 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.826 + 3.879 + 0) - (1.421 + 0 + 2.218)
=1.066

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.862 + 3.879 + 0) - (1.359 + 0 + 2.683)
=0.699

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lokaty Budowlane 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.208/( ( (3.79 + max(1.066, 0)) + (4.127 + max(0.699, 0)) )/ 2 )
=0.208/( ( 4.856 + 4.826 )/ 2 )
=0.208/4.841
=4.30 %

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 4.30% mean?
Lokaty Budowlane (WAR:LBD) has a ROC (Joel Greenblatt) % of 4.30% 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 Lokaty Budowlane and its competitors. According to the industry distribution chart, Lokaty Budowlane ranks #1114 out of 1750 companies in the Real Estate industry, placing it in the top 63.7%.
Is Lokaty Budowlane's ROC (Joel Greenblatt) % too high?
Lokaty Budowlane's current ROC (Joel Greenblatt) % is 4.30%. The Real Estate industry median ROC (Joel Greenblatt) % is 12.80. Lokaty Budowlane's value of 4.30% is 66.4% below this industry median. Based on the distribution chart, Lokaty Budowlane ranks #1114 out of 1750 companies in the Real Estate industry, which is below the industry midpoint. Overall, Lokaty Budowlane has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lokaty Budowlane's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Lokaty Budowlane ranks #1114 out of 1750 companies for ROC (Joel Greenblatt) %. This places Lokaty Budowlane in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.80. Lokaty Budowlane's value of 4.30% is 66.4% below this benchmark. 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 12.80, based on 1,750 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. Lokaty Budowlane's current ROC (Joel Greenblatt) % of 4.30% is 66.4% 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 Lokaty Budowlane and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lokaty Budowlane's current ROC (Joel Greenblatt) % is 4.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lokaty Budowlane stock overvalued right now?
Based on GuruFocus' analysis, Lokaty Budowlane (WAR:LBD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.39, compared to a current price of zł0.90 — trading 129.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.30% and 66.4% below the Real Estate industry median of 12.80. Lokaty Budowlane's overall GF Score™ is 31/100 with 6 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 Lokaty Budowlane (WAR:LBD), the current ROC (Joel Greenblatt) % is 4.30% 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 Lokaty Budowlane (WAR:LBD) Overvalued in 2026?

Based on GuruFocus' analysis, Lokaty Budowlane stock appears to be overvalued. The current stock price of zł0.90 is trading 129.5% above its estimated GF Value™ of zł0.39. GuruFocus considers Lokaty Budowlane to be Significantly Overvalued.

Key valuation signals for WAR:LBD:

  • ROC (Joel Greenblatt) %: 4.30%
  • GF Value™: zł0.39 vs. price of zł0.90 (129.5% above fair value)
  • GF Score™: 31/100 with 6 warning signs
  • Industry Position: 66.4% below the Real Estate median (#1114 of 1750)

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


Lokaty Budowlane Business Description

Address Popularna 19/2, Warsaw, POL, 02-473
Lokaty Budowlane SA is a development and construction company. The company is engaged in owning, operating and maintaining commercial buildings.
31GF Score

Get the complete analysis for WAR:LBD

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

zł0.90
Price
zł0.39
GF Value