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Pierre & VacancesXPAR:VAC -0.11%63 ROC (Joel Greenblatt) % is 18.17% as of Sep. 2025, which is 111% above its 10-year median of 8.62. GuruFocus rates XPAR:VAC with a GF Score™ of 63/100 and a GF Value™ of €1.49 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 847 Travel & Leisure companies, Pierre & Vacances ranks worse than 53.6% 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. Pierre & Vacances's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 18.17%.
The historical rank and industry rank for Pierre & Vacances's ROC (Joel Greenblatt) % or its related term are showing as below:
XPAR:VAC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.1 Med: 8.62 Max: 26.14
Current: 8.58
During the past 13 years, Pierre & Vacances's highest ROC (Joel Greenblatt) % was 26.14%. The lowest was -16.10%. And the median was 8.62%.
XPAR:VAC's ROC (Joel Greenblatt) % is ranked worse than 53.6% of 847
companies
in the Travel & Leisure industry
Industry Median: 9.91
vs XPAR:VAC: 8.58
Pierre & Vacances's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Pierre & Vacances (XPAR:VAC) 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.
Pierre & Vacances ROC (Joel Greenblatt) % Related Terms
Pierre & Vacances ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Pierre & Vacances'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.
XPAR:VAC vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Pierre & Vacances'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.
Pierre & Vacances ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pierre & Vacances's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pierre & Vacances's ROC (Joel Greenblatt) % falls into.
Pierre & Vacances 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 two times the semi-annual (Sep. 2025) 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 18.17% mean?
Pierre & Vacances (XPAR:VAC) has a ROC (Joel Greenblatt) % of 18.17% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Pierre & Vacances and its competitors. This is 111% above median its historical median of 8.62. According to the industry distribution chart, Pierre & Vacances ranks #454 out of 847 companies in the Travel & Leisure industry, placing it in the top 53.6%.
Is Pierre & Vacances' ROC (Joel Greenblatt) % too high?
Pierre & Vacances' current ROC (Joel Greenblatt) % of 18.17% is 111% above median its 10-year median of 8.62. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.91. Pierre & Vacances' value of 18.17% is 83.4% above this industry median. Based on the distribution chart, Pierre & Vacances ranks #454 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Pierre & Vacances has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pierre & Vacances' ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Pierre & Vacances ranks #454 out of 847 companies for ROC (Joel Greenblatt) %. This places Pierre & Vacances in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.91. Pierre & Vacances' value of 18.17% is 83.4% above this benchmark. While the company's 10-year median is 8.62 vs. the industry median of 9.91, Pierre & Vacances 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.91, based on 847 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. Pierre & Vacances's current ROC (Joel Greenblatt) % of 18.17% is 83.4% 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 Pierre & Vacances and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pierre & Vacances's current ROC (Joel Greenblatt) % is 18.17%, which is 111% above median its own 10-year median of 8.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pierre & Vacances stock overvalued right now?
Based on GuruFocus' analysis, Pierre & Vacances (XPAR:VAC) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.49, compared to a current price of €1.84 — trading 23.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 18.17%, which is 111% above median its 10-year median of 8.62 and 83.4% above the Travel & Leisure industry median of 9.91. Pierre & Vacances' overall GF Score™ is 63/100 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 Pierre & Vacances (XPAR:VAC), the current ROC (Joel Greenblatt) % is 18.17% as of Sep. 2025. 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 Pierre & Vacances (XPAR:VAC) Overvalued in 2026?
Based on GuruFocus' analysis, Pierre & Vacances stock appears to be overvalued.
The current stock price of €1.84 is trading 23.4% above its estimated GF Value™ of €1.49.
GuruFocus considers Pierre & Vacances to be Modestly Overvalued.
Key valuation signals for XPAR:VAC:
ROC (Joel Greenblatt) %: 18.17% (111% above median its 10-year median of 8.62)
GF Value™: €1.49 vs. price of €1.84 (23.4% above fair value)
Industry Position: 83.4% above the Travel & Leisure median (#454 of 847)
No single metric tells the full story. See the XPAR:VAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.
63GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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