Farm Pride FoodsASX:FRM -2.27%46 ROC (Joel Greenblatt) % is 24.09% as of Dec. 2025, which is 5026% above its 10-year median of 0.47. GuruFocus rates ASX:FRM with a GF Score™ of 46/100 and a GF Value™ of A$0.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,970 Consumer Packaged Goods companies, Farm Pride Foods ranks better than 72.03% 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. Farm Pride Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.09%.
The historical rank and industry rank for Farm Pride Foods's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:FRM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.37 Med: 0.47 Max: 31.09
Current: 22.46
During the past 13 years, Farm Pride Foods's highest ROC (Joel Greenblatt) % was 31.09%. The lowest was -25.37%. And the median was 0.47%.
ASX:FRM's ROC (Joel Greenblatt) % is ranked better than 72.03% of 1970
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs ASX:FRM: 22.46
Farm Pride Foods's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Farm Pride Foods (ASX:FRM) 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.
Farm Pride Foods ROC (Joel Greenblatt) % Related Terms
Farm Pride Foods ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Farm Pride Foods'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.
ASX:FRM vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison
For the Farm Products subindustry, Farm Pride Foods'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.
Farm Pride Foods ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Farm Pride Foods's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Farm Pride Foods's ROC (Joel Greenblatt) % falls into.
Farm Pride Foods 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 two times the semi-annual (Dec. 2025) 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 24.09% mean?
Farm Pride Foods (ASX:FRM) has a ROC (Joel Greenblatt) % of 24.09% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Farm Pride Foods and its competitors. This is 5026% above median its historical median of 0.47. According to the industry distribution chart, Farm Pride Foods ranks #551 out of 1970 companies in the Consumer Packaged Goods industry, placing it in the top 28%.
Is Farm Pride Foods' ROC (Joel Greenblatt) % too high?
Farm Pride Foods' current ROC (Joel Greenblatt) % of 24.09% is 5026% above median its 10-year median of 0.47. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Farm Pride Foods' value of 24.09% is 100.9% above this industry median. Based on the distribution chart, Farm Pride Foods ranks #551 out of 1970 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Farm Pride Foods has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farm Pride Foods' ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Farm Pride Foods ranks #551 out of 1970 companies for ROC (Joel Greenblatt) %. This puts Farm Pride Foods in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Farm Pride Foods' value of 24.09% is 100.9% above this benchmark. While the company's 10-year median is 0.47 vs. the industry median of 11.99, Farm Pride Foods 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 1,970 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. Farm Pride Foods's current ROC (Joel Greenblatt) % of 24.09% is 100.9% 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 Farm Pride Foods 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. Farm Pride Foods's current ROC (Joel Greenblatt) % is 24.09%, which is 5026% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farm Pride Foods stock overvalued right now?
Based on GuruFocus' analysis, Farm Pride Foods (ASX:FRM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.15, compared to a current price of A$0.22 — trading 43.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 24.09%, which is 5026% above median its 10-year median of 0.47 and 100.9% above the Consumer Packaged Goods industry median of 11.99. Farm Pride Foods' overall GF Score™ is 46/100 with 5 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 Farm Pride Foods (ASX:FRM), the current ROC (Joel Greenblatt) % is 24.09% as of Dec. 2025. 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 Farm Pride Foods (ASX:FRM) Overvalued in 2026?
Based on GuruFocus' analysis, Farm Pride Foods stock appears to be overvalued.
The current stock price of A$0.22 is trading 43.3% above its estimated GF Value™ of A$0.15.
GuruFocus considers Farm Pride Foods to be Significantly Overvalued.
Key valuation signals for ASX:FRM:
ROC (Joel Greenblatt) %: 24.09% (5026% above median its 10-year median of 0.47)
GF Value™: A$0.15 vs. price of A$0.22 (43.3% above fair value)
Industry Position: 100.9% above the Consumer Packaged Goods median (#551 of 1970)
No single metric tells the full story. See the ASX:FRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farm Pride Foods Ltd is engaged in the production, processing, manufacturing, and sales of egg and egg products. It grades, packs, processes, supplies, and markets shell eggs and processed egg products within Australia, and exports to Asia. Egg varieties include freshly laid cage eggs, barn-laid eggs, and free-range egg varieties.
46GF Score
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