Real Bulland JSC (XBUL:RBL) ROC (Joel Greenblatt) %: 22,800.00% (As of Jun. 2026)

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XBUL:RBL Real Bulland JSC XBUL:RBL
62 GF Score
Price €0.80
GF Value €1.38
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Real Bulland JSC ROC (Joel Greenblatt) %?

Real Bulland JSC XBUL:RBL 62 ROC (Joel Greenblatt) % is 22,800.00% as of Jun. 2026. GuruFocus rates XBUL:RBL with a GF Score™ of 62/100 and a GF Value™ of €1.38 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,751 Real Estate companies, Real Bulland JSC ranks better than 98.69% 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. Real Bulland JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 22,800.00%.

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

XBUL:RBL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4500   Med: -600   Max: 27100
Current: 27100

During the past 13 years, Real Bulland JSC's highest ROC (Joel Greenblatt) % was 27100.00%. The lowest was -4500.00%. And the median was -600.00%.

XBUL:RBL's ROC (Joel Greenblatt) % is ranked better than
98.69% of 1751 companies
in the Real Estate industry
Industry Median: 13.51 vs XBUL:RBL: 27100.00

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


Real Bulland JSC  (XBUL:RBL) 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.


Real Bulland JSC ROC (Joel Greenblatt) % Related Terms


Real Bulland JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Real Bulland JSC'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.

Real Bulland JSC ROC (Joel Greenblatt) % Chart

Real Bulland JSC 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 108.23 344.53 1,619.23 0.00 23,300.00

Real Bulland JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16,400.00 36,800.00 46,400.00 2,400.00 22,800.00

XBUL:RBL vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Real Bulland JSC'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.


Real Bulland JSC ROC (Joel Greenblatt) % vs Real Estate Industry

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

* The bar in red indicates where Real Bulland JSC's ROC (Joel Greenblatt) % falls into.


XBUL:RBL
62GF Score
Real Bulland JSC XBUL:RBL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Bulland JSC 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.01 + 0 + 0.001) - (0.001 + 0 + 0.076)
=-0.066

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.012 + 0 + 0.0010000000000001) - (0.053 + 0 + 0.098)
=-0.138

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Real Bulland JSC for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.228/( ( (0.001 + max(-0.066, 0)) + (0.001 + max(-0.138, 0)) )/ 2 )
=0.228/( ( 0.001 + 0.001 )/ 2 )
=0.228/0.001
=22,800.00 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 22,800.00% mean?
Real Bulland JSC (XBUL:RBL) has a ROC (Joel Greenblatt) % of 22,800.00% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Real Bulland JSC and its competitors. According to the industry distribution chart, Real Bulland JSC ranks #23 out of 1751 companies in the Real Estate industry, placing it in the top 1.3%.
Is Real Bulland JSC's ROC (Joel Greenblatt) % too high?
Real Bulland JSC's current ROC (Joel Greenblatt) % is 22,800.00%. The Real Estate industry median ROC (Joel Greenblatt) % is 13.51. Real Bulland JSC's value of 22,800.00% is 168663.9% above this industry median. Based on the distribution chart, Real Bulland JSC ranks #23 out of 1751 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Real Bulland JSC has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Bulland JSC's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Bulland JSC ranks #23 out of 1751 companies for ROC (Joel Greenblatt) %. This places Real Bulland JSC in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.51. Real Bulland JSC's value of 22,800.00% is 168663.9% above 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 13.51, based on 1,751 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. Real Bulland JSC's current ROC (Joel Greenblatt) % of 22,800.00% is 168663.9% 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 Real Bulland JSC and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Bulland JSC's current ROC (Joel Greenblatt) % is 22,800.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Bulland JSC stock overvalued right now?
Based on GuruFocus' analysis, Real Bulland JSC (XBUL:RBL) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.38, compared to a current price of €0.80 — trading 42% below its estimated fair value. The current ROC (Joel Greenblatt) % is 22,800.00% and 168663.9% above the Real Estate industry median of 13.51. Real Bulland JSC's overall GF Score™ is 62/100 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 Real Bulland JSC (XBUL:RBL), the current ROC (Joel Greenblatt) % is 22,800.00% as of Jun. 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 Real Bulland JSC (XBUL:RBL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Bulland JSC stock appears to be undervalued. The current stock price of €0.80 is trading 42% below its estimated GF Value™ of €1.38. GuruFocus considers Real Bulland JSC to be Significantly Undervalued.

Key valuation signals for XBUL:RBL:

  • ROC (Joel Greenblatt) %: 22,800.00%
  • GF Value™: €1.38 vs. price of €0.80 (42% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 168663.9% above the Real Estate median (#23 of 1751)

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


Real Bulland JSC Business Description

Address 19 Georg Washington Street, 1st Floor, Sofia, BGR, 1301
Real Bulland JSC is a real estate company. It is engaged in the acquisition of agricultural land, which is used for agricultural production for renting or leasing to agricultural producers as well as the selling of concentrated and consolidated land.
62GF Score

Get the complete analysis for XBUL:RBL

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

€0.80
Price
€1.38
GF Value