Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Adgar Investments & DevelopmentXTAE:ADGR -5.12%61 ROC (Joel Greenblatt) % is 565.70% as of Jun. 2026, which is 52% below its 10-year median of 1,188.25. GuruFocus rates XTAE:ADGR with a GF Score™ of 61/100 and a GF Value™ of ₪4.87 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,753 Real Estate companies, Adgar Investments & Development ranks better than 91.5% 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. Adgar Investments & Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 565.70%.
The historical rank and industry rank for Adgar Investments & Development's ROC (Joel Greenblatt) % or its related term are showing as below:
XTAE:ADGR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 352 Med: 1188.25 Max: 2623.97
Current: 831.83
During the past 13 years, Adgar Investments & Development's highest ROC (Joel Greenblatt) % was 2623.97%. The lowest was 352.00%. And the median was 1188.25%.
XTAE:ADGR's ROC (Joel Greenblatt) % is ranked better than 91.5% of 1753
companies
in the Real Estate industry
Industry Median: 13.14
vs XTAE:ADGR: 831.83
Adgar Investments & Development (XTAE:ADGR) 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.
* 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.
Adgar Investments & Development ROC (Joel Greenblatt) % Chart
XTAE:ADGR vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Adgar Investments & Development'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.
Adgar Investments & Development ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Adgar Investments & Development's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Adgar Investments & Development's ROC (Joel Greenblatt) % falls into.
Adgar Investments & Development 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 (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 565.70% mean?
Adgar Investments & Development (XTAE:ADGR) has a ROC (Joel Greenblatt) % of 565.70% 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 Adgar Investments & Development and its competitors. This is 52% below median its historical median of 1,188.25. Over the past decade, Adgar Investments & Development's ROC (Joel Greenblatt) % has ranged from 352.00 to 2,623.97. According to the industry distribution chart, Adgar Investments & Development ranks #149 out of 1753 companies in the Real Estate industry, placing it in the top 8.5%.
Is Adgar Investments & Development's ROC (Joel Greenblatt) % too high?
Adgar Investments & Development's current ROC (Joel Greenblatt) % of 565.70% is 52% below median its 10-year median of 1,188.25. Over the past 10 years, this metric has ranged from a low of 352.00 to a high of 2,623.97. The Real Estate industry median ROC (Joel Greenblatt) % is 13.14. Adgar Investments & Development's value of 565.70% is 4205.2% above this industry median. Based on the distribution chart, Adgar Investments & Development ranks #149 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Adgar Investments & Development has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adgar Investments & Development's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Adgar Investments & Development ranks #149 out of 1753 companies for ROC (Joel Greenblatt) %. This places Adgar Investments & Development in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.14. Adgar Investments & Development's value of 565.70% is 4205.2% above this benchmark. Historically, Adgar Investments & Development's own ROC (Joel Greenblatt) % has ranged from 352.00 to 2,623.97 over the past decade. While the company's 10-year median is 1,188.25 vs. the industry median of 13.14, Adgar Investments & Development 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.14, based on 1,753 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. Adgar Investments & Development's current ROC (Joel Greenblatt) % of 565.70% is 4205.2% 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 Adgar Investments & Development and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adgar Investments & Development's current ROC (Joel Greenblatt) % is 565.70%, which is 52% below median its own 10-year median of 1,188.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adgar Investments & Development stock overvalued right now?
Based on GuruFocus' analysis, Adgar Investments & Development (XTAE:ADGR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪4.87, compared to a current price of ₪3.63 — trading 25.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 565.70%, which is 52% below median its 10-year median of 1,188.25 and 4205.2% above the Real Estate industry median of 13.14. Adgar Investments & Development's overall GF Score™ is 61/100 with 3 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 Adgar Investments & Development (XTAE:ADGR), the current ROC (Joel Greenblatt) % is 565.70% 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 Adgar Investments & Development (XTAE:ADGR) Overvalued in 2026?
Based on GuruFocus' analysis, Adgar Investments & Development stock appears to be undervalued.
The current stock price of ₪3.63 is trading 25.5% below its estimated GF Value™ of ₪4.87.
GuruFocus considers Adgar Investments & Development to be Modestly Undervalued.
Key valuation signals for XTAE:ADGR:
ROC (Joel Greenblatt) %: 565.70% (52% below median its 10-year median of 1,188.25)
GF Value™: ₪4.87 vs. price of ₪3.63 (25.5% below fair value)
Industry Position: 4205.2% above the Real Estate median (#149 of 1753)
No single metric tells the full story. See the XTAE:ADGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium.
61GF Score
Get the complete analysis for XTAE:ADGR
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XTAE:ADGR has been successfully added to your 
