JM Smucker CoSJM +2.42%66 ROC (Joel Greenblatt) % is 51.91% as of Apr. 2026, which is 16% above its 10-year median of 44.86. GuruFocus rates SJM with a GF Score™ of 66/100 and a GF Value™ of $117.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,973 Consumer Packaged Goods companies, JM Smucker Co ranks worse than 57.17% 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. JM Smucker Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 51.91%.
The historical rank and industry rank for JM Smucker Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SJM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.22 Med: 44.86 Max: 59.22
Current: 9.51
During the past 13 years, JM Smucker Co's highest ROC (Joel Greenblatt) % was 59.22%. The lowest was -20.22%. And the median was 44.86%.
SJM's ROC (Joel Greenblatt) % is ranked worse than 57.17% of 1973
companies
in the Consumer Packaged Goods industry
Industry Median: 12.07
vs SJM: 9.51
JM Smucker Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
JM Smucker Co (NYSE:SJM) 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.
JM Smucker Co ROC (Joel Greenblatt) % Related Terms
JM Smucker Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for JM Smucker Co'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.
SJM vs SFD, DAR, MKC: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, JM Smucker Co'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.
JM Smucker Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where JM Smucker Co's ROC (Joel Greenblatt) % falls into.
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 (Apr. 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 51.91% mean?
JM Smucker Co (SJM) has a ROC (Joel Greenblatt) % of 51.91% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on JM Smucker Co and its competitors. This is 16% above median its historical median of 44.86. According to the industry distribution chart, JM Smucker Co ranks #1128 out of 1973 companies in the Consumer Packaged Goods industry, placing it in the top 57.2%.
Is JM Smucker Co's ROC (Joel Greenblatt) % too high?
JM Smucker Co's current ROC (Joel Greenblatt) % of 51.91% is 16% above median its 10-year median of 44.86. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.07. JM Smucker Co's value of 51.91% is 330.1% above this industry median. Based on the distribution chart, JM Smucker Co ranks #1128 out of 1973 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, JM Smucker Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Smucker Co's ROC (Joel Greenblatt) % compare to SFD and DAR?
According to the Consumer Packaged Goods industry distribution chart, JM Smucker Co ranks #1128 out of 1973 companies for ROC (Joel Greenblatt) %. This places JM Smucker Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.07. JM Smucker Co's value of 51.91% is 330.1% above this benchmark. While the company's 10-year median is 44.86 vs. the industry median of 12.07, JM Smucker Co 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.07, based on 1,973 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. JM Smucker Co's current ROC (Joel Greenblatt) % of 51.91% is 330.1% 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 JM Smucker Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JM Smucker Co's current ROC (Joel Greenblatt) % is 51.91%, which is 16% above median its own 10-year median of 44.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Smucker Co stock overvalued right now?
Based on GuruFocus' analysis, JM Smucker Co (SJM) is currently considered Fairly Valued. The stock's GF Value™ is $117.72, compared to a current price of $115.22 — trading 2.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 51.91%, which is 16% above median its 10-year median of 44.86 and 330.1% above the Consumer Packaged Goods industry median of 12.07. JM Smucker Co's overall GF Score™ is 66/100 with 4 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 JM Smucker Co (SJM), the current ROC (Joel Greenblatt) % is 51.91% as of Apr. 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 JM Smucker Co (SJM) Overvalued in 2026?
Based on GuruFocus' analysis, JM Smucker Co stock appears to be undervalued.
The current stock price of $115.22 is trading 2.1% below its estimated GF Value™ of $117.72.
GuruFocus considers JM Smucker Co to be Fairly Valued.
Key valuation signals for SJM:
ROC (Joel Greenblatt) %: 51.91% (16% above median its 10-year median of 44.86)
GF Value™: $117.72 vs. price of $115.22 (2.1% below fair value)
Industry Position: 330.1% above the Consumer Packaged Goods median (#1128 of 1973)
No single metric tells the full story. See the SJM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
J.M. Smucker is a packaged food company that primarily sells through the US retail channel (73% of fiscal 2025 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of sweet baked snacks (through the Hostess acquisition) and international (primarily Canada). Retail coffee is its largest category (32% of sales) with brands Folgers and Dunkin'. Pet foods (19% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from frozen handhelds and spreads, through brands Jif, Smucker's, and Uncrustables. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
66GF Score
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