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Axis Real Estate Investment TrustXKLS:5106 77 ROC (Joel Greenblatt) % is 25,034.00% as of Mar. 2026, which is 288% above its 10-year median of 6,454.87. GuruFocus rates XKLS:5106 with a GF Score™ of 77/100 and a GF Value™ of RM1.97 (Fairly Valued). The stock has 7 warning signs investors should review. Among 580 REITs companies, Axis Real Estate Investment Trust ranks better than 92.07% 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. Axis Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25,034.00%.
The historical rank and industry rank for Axis Real Estate Investment Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5106'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 265.71 Med: 6454.87 Max: 24401.24
Current: 8432.96
During the past 13 years, Axis Real Estate Investment Trust's highest ROC (Joel Greenblatt) % was 24401.24%. The lowest was 265.71%. And the median was 6454.87%.
XKLS:5106's ROC (Joel Greenblatt) % is ranked better than 92.07% of 580
companies
in the REITs industry
Industry Median: 178.7
vs XKLS:5106: 8432.96
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.
Axis Real Estate Investment Trust ROC (Joel Greenblatt) % Chart
XKLS:5106 vs VICI, WPC, BNL: ROC (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Axis Real Estate Investment Trust'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.
Axis Real Estate Investment Trust ROC (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Axis Real Estate Investment Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Axis Real Estate Investment Trust's ROC (Joel Greenblatt) % falls into.
Axis Real Estate Investment Trust 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 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 25,034.00% mean?
Axis Real Estate Investment Trust (XKLS:5106) has a ROC (Joel Greenblatt) % of 25,034.00% 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 Axis Real Estate Investment Trust and its competitors. This is 288% above median its historical median of 6,454.87. Over the past decade, Axis Real Estate Investment Trust's ROC (Joel Greenblatt) % has ranged from 265.71 to 24,401.24. According to the industry distribution chart, Axis Real Estate Investment Trust ranks #46 out of 580 companies in the REITs industry, placing it in the top 7.9%.
Is Axis Real Estate Investment Trust's ROC (Joel Greenblatt) % too high?
Axis Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 25,034.00% is 288% above median its 10-year median of 6,454.87. Over the past 10 years, this metric has ranged from a low of 265.71 to a high of 24,401.24. The REITs industry median ROC (Joel Greenblatt) % is 178.70. Axis Real Estate Investment Trust's value of 25,034.00% is 13909% above this industry median. Based on the distribution chart, Axis Real Estate Investment Trust ranks #46 out of 580 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Axis Real Estate Investment Trust has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axis Real Estate Investment Trust's ROC (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Axis Real Estate Investment Trust ranks #46 out of 580 companies for ROC (Joel Greenblatt) %. This places Axis Real Estate Investment Trust in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 178.70. Axis Real Estate Investment Trust's value of 25,034.00% is 13909% above this benchmark. Historically, Axis Real Estate Investment Trust's own ROC (Joel Greenblatt) % has ranged from 265.71 to 24,401.24 over the past decade. While the company's 10-year median is 6,454.87 vs. the industry median of 178.70, Axis Real Estate Investment Trust 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 178.70, based on 580 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. Axis Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 25,034.00% is 13909% 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 Axis Real Estate Investment Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 178.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axis Real Estate Investment Trust's current ROC (Joel Greenblatt) % is 25,034.00%, which is 288% above median its own 10-year median of 6,454.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Axis Real Estate Investment Trust (XKLS:5106) is currently considered Fairly Valued. The stock's GF Value™ is RM1.97, compared to a current price of RM1.92 — trading 2.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25,034.00%, which is 288% above median its 10-year median of 6,454.87 and 13909% above the REITs industry median of 178.70. Axis Real Estate Investment Trust's overall GF Score™ is 77/100 with 7 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 Axis Real Estate Investment Trust (XKLS:5106), the current ROC (Joel Greenblatt) % is 25,034.00% 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 Axis Real Estate Investment Trust (XKLS:5106) Overvalued in 2026?
Based on GuruFocus' analysis, Axis Real Estate Investment Trust stock appears to be undervalued.
The current stock price of RM1.92 is trading 2.5% below its estimated GF Value™ of RM1.97.
GuruFocus considers Axis Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for XKLS:5106:
ROC (Joel Greenblatt) %: 25,034.00% (288% above median its 10-year median of 6,454.87)
GF Value™: RM1.97 vs. price of RM1.92 (2.5% below fair value)
Industry Position: 13909% above the REITs median (#46 of 580)
No single metric tells the full story. See the XKLS:5106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axis Real Estate Investment Trust Business Description
Axis Real Estate Investment Trust owns and invests in industrial and office real estate. The fund currently has a diverse portfolio of properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. The primary objectives of the Fund are to provide unitholders with a stable and growing distribution of income and to achieve long-term growth, in the net asset value per unit of the Fund.
77GF Score
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