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ACCO BrandsACCO +2.44%66 ROC (Joel Greenblatt) % is 20.53% as of Mar. 2026, which is 15% below its 10-year median of 24.02. GuruFocus rates ACCO with a GF Score™ of 66/100 and a GF Value™ of $4.22 (Fairly Valued). The stock has 8 warning signs investors should review. Among 3,061 Industrial Products companies, ACCO Brands ranks better than 73.28% 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. ACCO Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.53%.
The historical rank and industry rank for ACCO Brands's ROC (Joel Greenblatt) % or its related term are showing as below:
ACCO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.78 Med: 24.02 Max: 38.89
Current: 25.26
During the past 13 years, ACCO Brands's highest ROC (Joel Greenblatt) % was 38.89%. The lowest was -6.78%. And the median was 24.02%.
ACCO's ROC (Joel Greenblatt) % is ranked better than 73.28% of 3061
companies
in the Industrial Products industry
Industry Median: 11.69
vs ACCO: 25.26
ACCO Brands's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
ACCO Brands ROC (Joel Greenblatt) % Historical Data
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The historical data trend for ACCO Brands'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.
ACCO vs XRX, ACTG, EBF: ROC (Joel Greenblatt) % Comparison
For the Business Equipment & Supplies subindustry, ACCO Brands'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.
ACCO Brands ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ACCO Brands's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ACCO Brands'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 (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 20.53% mean?
ACCO Brands (ACCO) has a ROC (Joel Greenblatt) % of 20.53% 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 ACCO Brands and its competitors. This is 15% below median its historical median of 24.02. According to the industry distribution chart, ACCO Brands ranks #818 out of 3061 companies in the Industrial Products industry, placing it in the top 26.7%.
Is ACCO Brands' ROC (Joel Greenblatt) % too high?
ACCO Brands' current ROC (Joel Greenblatt) % of 20.53% is 15% below median its 10-year median of 24.02. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. ACCO Brands' value of 20.53% is 75.6% above this industry median. Based on the distribution chart, ACCO Brands ranks #818 out of 3061 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ACCO Brands has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACCO Brands' ROC (Joel Greenblatt) % compare to XRX and ACTG?
According to the Industrial Products industry distribution chart, ACCO Brands ranks #818 out of 3061 companies for ROC (Joel Greenblatt) %. This puts ACCO Brands in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.69. ACCO Brands' value of 20.53% is 75.6% above this benchmark. While the company's 10-year median is 24.02 vs. the industry median of 11.69, ACCO Brands 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,061 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. ACCO Brands's current ROC (Joel Greenblatt) % of 20.53% is 75.6% 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 ACCO Brands and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACCO Brands's current ROC (Joel Greenblatt) % is 20.53%, which is 15% below median its own 10-year median of 24.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACCO Brands stock overvalued right now?
Based on GuruFocus' analysis, ACCO Brands (ACCO) is currently considered Fairly Valued. The stock's GF Value™ is $4.22, compared to a current price of $4.00 — trading 5.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.53%, which is 15% below median its 10-year median of 24.02 and 75.6% above the Industrial Products industry median of 11.69. ACCO Brands' overall GF Score™ is 66/100 with 8 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 ACCO Brands (ACCO), the current ROC (Joel Greenblatt) % is 20.53% 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 ACCO Brands (ACCO) Overvalued in 2026?
Based on GuruFocus' analysis, ACCO Brands stock appears to be undervalued.
The current stock price of $4.00 is trading 5.3% below its estimated GF Value™ of $4.22.
GuruFocus considers ACCO Brands to be Fairly Valued.
Key valuation signals for ACCO:
ROC (Joel Greenblatt) %: 20.53% (15% below median its 10-year median of 24.02)
GF Value™: $4.22 vs. price of $4.00 (5.3% below fair value)
Industry Position: 75.6% above the Industrial Products median (#818 of 3061)
No single metric tells the full story. See the ACCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACCO Brands Corp is a consumer, technology and business branded products company providing brands and product solutions used in schools, homes and at work. Its brands include At-A-Glance, Barrilito, Buro, Esselte, Five Star, Foroni, GBC, Hilroy, Kensington, Leitz, Mead, PowerA, Quartet, Rapid, Swingline and Tilibra. The Company's product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, dry erase boards and do-it-yourself tools. The Company operates through two segments, Americas and International. Americas includes the U.S., Canada, Brazil, Mexico and Chile, and International includes EMEA, Australia, New Zealand and Asia. Its products are sold in the U.S., Europe, Australia, Canada, Brazil and Mexico.
66GF Score
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