Armanino Foods of DistinctionAMNF -1.54%72 ROC (Joel Greenblatt) % is 158.71% as of Mar. 2026, which is 126% above its 10-year median of 70.37. GuruFocus rates AMNF with a GF Score™ of 72/100 and a GF Value™ of $8.74 (Modestly Overvalued). Among 1,971 Consumer Packaged Goods companies, Armanino Foods of Distinction ranks better than 97.87% 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. Armanino Foods of Distinction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 158.71%.
The historical rank and industry rank for Armanino Foods of Distinction's ROC (Joel Greenblatt) % or its related term are showing as below:
AMNF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.94 Med: 70.37 Max: 201.18
Current: 179.88
During the past 13 years, Armanino Foods of Distinction's highest ROC (Joel Greenblatt) % was 201.18%. The lowest was 16.94%. And the median was 70.37%.
AMNF's ROC (Joel Greenblatt) % is ranked better than 97.87% of 1971
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs AMNF: 179.88
Armanino Foods of Distinction (OTCPK:AMNF) 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.
Armanino Foods of Distinction ROC (Joel Greenblatt) % Chart
AMNF vs PRE, BGS, BYND: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Armanino Foods of Distinction'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.
Armanino Foods of Distinction ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Armanino Foods of Distinction's ROC (Joel Greenblatt) % falls into.
Armanino Foods of Distinction 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 (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 158.71% mean?
Armanino Foods of Distinction (AMNF) has a ROC (Joel Greenblatt) % of 158.71% 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 Armanino Foods of Distinction and its competitors. This is 126% above median its historical median of 70.37. Over the past decade, Armanino Foods of Distinction's ROC (Joel Greenblatt) % has ranged from 16.94 to 201.18. According to the industry distribution chart, Armanino Foods of Distinction ranks #42 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 2.1%.
Is Armanino Foods of Distinction's ROC (Joel Greenblatt) % too high?
Armanino Foods of Distinction's current ROC (Joel Greenblatt) % of 158.71% is 126% above median its 10-year median of 70.37. Over the past 10 years, this metric has ranged from a low of 16.94 to a high of 201.18. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Armanino Foods of Distinction's value of 158.71% is 1223.7% above this industry median. Based on the distribution chart, Armanino Foods of Distinction ranks #42 out of 1971 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Armanino Foods of Distinction has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armanino Foods of Distinction's ROC (Joel Greenblatt) % compare to PRE and BGS?
According to the Consumer Packaged Goods industry distribution chart, Armanino Foods of Distinction ranks #42 out of 1971 companies for ROC (Joel Greenblatt) %. This places Armanino Foods of Distinction in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Armanino Foods of Distinction's value of 158.71% is 1223.7% above this benchmark. Historically, Armanino Foods of Distinction's own ROC (Joel Greenblatt) % has ranged from 16.94 to 201.18 over the past decade. While the company's 10-year median is 70.37 vs. the industry median of 11.99, Armanino Foods of Distinction 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 11.99, based on 1,971 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. Armanino Foods of Distinction's current ROC (Joel Greenblatt) % of 158.71% is 1223.7% 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 Armanino Foods of Distinction and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armanino Foods of Distinction's current ROC (Joel Greenblatt) % is 158.71%, which is 126% above median its own 10-year median of 70.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armanino Foods of Distinction stock overvalued right now?
Based on GuruFocus' analysis, Armanino Foods of Distinction (AMNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.74, compared to a current price of $10.24 — trading 17.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 158.71%, which is 126% above median its 10-year median of 70.37 and 1223.7% above the Consumer Packaged Goods industry median of 11.99. Armanino Foods of Distinction's overall GF Score™ is 72/100. 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 Armanino Foods of Distinction (AMNF), the current ROC (Joel Greenblatt) % is 158.71% 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 Armanino Foods of Distinction (AMNF) Overvalued in 2026?
Based on GuruFocus' analysis, Armanino Foods of Distinction stock appears to be overvalued.
The current stock price of $10.24 is trading 17.2% above its estimated GF Value™ of $8.74.
GuruFocus considers Armanino Foods of Distinction to be Modestly Overvalued.
Key valuation signals for AMNF:
ROC (Joel Greenblatt) %: 158.71% (126% above median its 10-year median of 70.37)
GF Value™: $8.74 vs. price of $10.24 (17.2% above fair value)
Industry Position: 1223.7% above the Consumer Packaged Goods median (#42 of 1971)
No single metric tells the full story. See the AMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armanino Foods of Distinction Business Description
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale frozen and refrigerated food products, including pesto and other sauces, stuffed pasta products and cooked meat products. The company's line of frozen products includes a wide variety of sauces, stuffed pastas and pasta sheets, as well as value-added specialty Italian pastas and cooked meat products. It produces a variety of premium, globally-inspired pesto and sauces including Basil Pesto, Roasted Red Bell Pepper Pesto, Southwest Chipotle Pesto, Roasted Garlic Pesto and Chimichurri sauce, all of which are packaged under the Armanino label.
72GF Score
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