Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lamb Weston HoldingsBSP:L1WH34 76 ROC (Joel Greenblatt) % is 13.94% as of May. 2026, which is 47% below its 10-year median of 26.10. GuruFocus rates BSP:L1WH34 with a GF Score™ of 76/100 and a GF Value™ of R$153.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,982 Consumer Packaged Goods companies, Lamb Weston Holdings ranks better than 52.98% 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. Lamb Weston Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 13.94%.
The historical rank and industry rank for Lamb Weston Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:L1WH34'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.44 Med: 26.1 Max: 34.64
Current: 12.55
During the past 13 years, Lamb Weston Holdings's highest ROC (Joel Greenblatt) % was 34.64%. The lowest was 12.44%. And the median was 26.10%.
BSP:L1WH34's ROC (Joel Greenblatt) % is ranked better than 52.98% of 1982
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs BSP:L1WH34: 12.55
Lamb Weston Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.20% 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.
Lamb Weston Holdings ROC (Joel Greenblatt) % Related Terms
Lamb Weston Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Lamb Weston Holdings'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.
BSP:L1WH34 vs PPC, CAG, CPB: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Lamb Weston Holdings'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.
Lamb Weston Holdings ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lamb Weston Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lamb Weston Holdings'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 (May. 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 13.94% mean?
Lamb Weston Holdings (BSP:L1WH34) has a ROC (Joel Greenblatt) % of 13.94% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Lamb Weston Holdings and its competitors. This is 47% below median its historical median of 26.10. Over the past decade, Lamb Weston Holdings' ROC (Joel Greenblatt) % has ranged from 12.44 to 34.64. According to the industry distribution chart, Lamb Weston Holdings ranks #932 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 47%.
Is Lamb Weston Holdings' ROC (Joel Greenblatt) % too high?
Lamb Weston Holdings' current ROC (Joel Greenblatt) % of 13.94% is 47% below median its 10-year median of 26.10. Over the past 10 years, this metric has ranged from a low of 12.44 to a high of 34.64. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Lamb Weston Holdings' value of 13.94% is 16.3% above this industry median. Based on the distribution chart, Lamb Weston Holdings ranks #932 out of 1982 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lamb Weston Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lamb Weston Holdings' ROC (Joel Greenblatt) % compare to PPC and CAG?
According to the Consumer Packaged Goods industry distribution chart, Lamb Weston Holdings ranks #932 out of 1982 companies for ROC (Joel Greenblatt) %. This puts Lamb Weston Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Lamb Weston Holdings' value of 13.94% is 16.3% above this benchmark. Historically, Lamb Weston Holdings' own ROC (Joel Greenblatt) % has ranged from 12.44 to 34.64 over the past decade. While the company's 10-year median is 26.10 vs. the industry median of 11.99, Lamb Weston Holdings 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 1,982 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. Lamb Weston Holdings's current ROC (Joel Greenblatt) % of 13.94% is 16.3% 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 Lamb Weston Holdings 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. Lamb Weston Holdings's current ROC (Joel Greenblatt) % is 13.94%, which is 47% below median its own 10-year median of 26.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lamb Weston Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lamb Weston Holdings (BSP:L1WH34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$153.06, compared to a current price of R$124.49 — trading 18.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.94%, which is 47% below median its 10-year median of 26.10 and 16.3% above the Consumer Packaged Goods industry median of 11.99. Lamb Weston Holdings' overall GF Score™ is 76/100 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 Lamb Weston Holdings (BSP:L1WH34), the current ROC (Joel Greenblatt) % is 13.94% as of May. 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 Lamb Weston Holdings (BSP:L1WH34) Overvalued in 2026?
Based on GuruFocus' analysis, Lamb Weston Holdings stock appears to be undervalued.
The current stock price of R$124.49 is trading 18.7% below its estimated GF Value™ of R$153.06.
GuruFocus considers Lamb Weston Holdings to be Modestly Undervalued.
Key valuation signals for BSP:L1WH34:
ROC (Joel Greenblatt) %: 13.94% (47% below median its 10-year median of 26.10)
GF Value™: R$153.06 vs. price of R$124.49 (18.7% below fair value)
Industry Position: 16.3% above the Consumer Packaged Goods median (#932 of 1982)
No single metric tells the full story. See the BSP:L1WH34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lamb Weston is North America's largest and the world's second-largest producer of branded and private-label frozen potato products, both by volume and value. The company's portfolio is anchored by french fries, but it also sells sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. Roughly two thirds of revenue comes from its home market of North America, with none of the other 100 countries the company sells into representing a significant share. McDonald's is Lamb Weston's single-largest customer at 15% of fiscal 2025 sales, with no other company representing more than 10%. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
76GF Score
Get the complete analysis for BSP:L1WH34
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:L1WH34 has been successfully added to your 
