Joel Greenblatt fit · Magic Formula - high ROIC + cheap EV/EBIT
Is First Industrial Realty Trust, Inc. (FR) a Joel Greenblatt Stock?
High-quality business at a cheap price - strong Magic Formula fit.
86/100
ALikely Greenblatt stock
2/5 criteria passed
+6 sector-quality lift. Top-quintile within its sector on 3 of 5 quality metrics. Raw pillar score 80 → lifted to 86 before grade derivation.
Joel Greenblatt's Criteria, Applied to FR
EBIT/EV yield ≥ 10%
key3.7%
ROIC ≥ 25%
key108.5%
EV/EBIT ≤ 12
26.8x
Gross margin ≥ 30%
47.0%
Earnings yield ≥ 6%
4.1%
How FR Scores on Other Strategies
Live Financial Snapshot
Market cap
$8.18B
P/E (TTM)
24.1x
ROIC (TTM)
108.51%
Gross margin
47.03%
Other Joel Greenblatt fit reports
Frequently Asked Questions
What is FR's Joel Greenblatt fit score?
FR scores 86/100 on our Joel Greenblatt fit engine - grade A. High-quality business at a cheap price - strong Magic Formula fit.
Does Joel Greenblatt actually own FR?
Our score is computed from financial fundamentals against Joel Greenblatt's published criteria. We don't claim that Joel Greenblatt personally owns or recommends FR.
How often is this score updated?
FR's Joel Greenblatt fit score is recomputed daily from the latest TTM financials. The page below shows when it was last refreshed.
Key terms in this analysis
Educational tool, not investment advice. Scores are computed from publicly-available financial data against published investing-strategy criteria. We do not claim that Joel Greenblatt personally owns or recommends FR.