Mutandis SCA (CAS:MUT) ROC (Joel Greenblatt) %: 16.69% (As of Dec. 2025) — 16% Below Median


CAS:MUT Mutandis SCA CAS:MUT
85 GF Score
Price MAD237.05
GF Value MAD247.27
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Mutandis SCA ROC (Joel Greenblatt) %?

Mutandis SCA CAS:MUT -0.82% 85 ROC (Joel Greenblatt) % is 16.69% as of Dec. 2025, which is 16% below its 10-year median of 19.84. GuruFocus rates CAS:MUT with a GF Score™ of 85/100 and a GF Value™ of MAD247.27 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,971 Consumer Packaged Goods companies, Mutandis SCA ranks better than 61.95% 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. Mutandis SCA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.69%.

The historical rank and industry rank for Mutandis SCA's ROC (Joel Greenblatt) % or its related term are showing as below:

CAS:MUT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.4   Med: 19.84   Max: 25.38
Current: 16.4

During the past 12 years, Mutandis SCA's highest ROC (Joel Greenblatt) % was 25.38%. The lowest was 16.40%. And the median was 19.84%.

CAS:MUT's ROC (Joel Greenblatt) % is ranked better than
61.95% of 1971 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs CAS:MUT: 16.40

Mutandis SCA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.80% per year.


Mutandis SCA  (CAS:MUT) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Mutandis SCA ROC (Joel Greenblatt) % Related Terms


Mutandis SCA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mutandis SCA'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.

Mutandis SCA ROC (Joel Greenblatt) % Chart

Mutandis SCA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.53 19.64 16.92 22.98 16.55

Mutandis SCA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.46 30.84 20.26 15.96 16.69

CAS:MUT vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Mutandis SCA'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.


Mutandis SCA ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mutandis SCA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mutandis SCA's ROC (Joel Greenblatt) % falls into.


CAS:MUT
85GF Score
Mutandis SCA CAS:MUT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mutandis SCA 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(284.65 + 378.794 + 143.849) - (546.887 + 0 + 22.48)
=237.926

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(257.538 + 288.812 + 92.481) - (483.02 + 0 + 24.761)
=131.05

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mutandis SCA for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=183.332/( ( (892.032 + max(237.926, 0)) + (936.532 + max(131.05, 0)) )/ 2 )
=183.332/( ( 1129.958 + 1067.582 )/ 2 )
=183.332/1098.77
=16.69 %

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 16.69% mean?
Mutandis SCA (CAS:MUT) has a ROC (Joel Greenblatt) % of 16.69% 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 Mutandis SCA and its competitors. This is 16% below median its historical median of 19.84. Over the past decade, Mutandis SCA's ROC (Joel Greenblatt) % has ranged from 16.40 to 25.38. According to the industry distribution chart, Mutandis SCA ranks #750 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 38.1%.
Is Mutandis SCA's ROC (Joel Greenblatt) % too high?
Mutandis SCA's current ROC (Joel Greenblatt) % of 16.69% is 16% below median its 10-year median of 19.84. Over the past 10 years, this metric has ranged from a low of 16.40 to a high of 25.38. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Mutandis SCA's value of 16.69% is 39.2% above this industry median. Based on the distribution chart, Mutandis SCA ranks #750 out of 1971 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Mutandis SCA has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mutandis SCA's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Mutandis SCA ranks #750 out of 1971 companies for ROC (Joel Greenblatt) %. This puts Mutandis SCA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Mutandis SCA's value of 16.69% is 39.2% above this benchmark. Historically, Mutandis SCA's own ROC (Joel Greenblatt) % has ranged from 16.40 to 25.38 over the past decade. While the company's 10-year median is 19.84 vs. the industry median of 11.99, Mutandis SCA 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. Mutandis SCA's current ROC (Joel Greenblatt) % of 16.69% is 39.2% 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 Mutandis SCA 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. Mutandis SCA's current ROC (Joel Greenblatt) % is 16.69%, which is 16% below median its own 10-year median of 19.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutandis SCA stock overvalued right now?
Based on GuruFocus' analysis, Mutandis SCA (CAS:MUT) is currently considered Fairly Valued. The stock's GF Value™ is MAD247.27, compared to a current price of MAD237.05 — trading 4.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.69%, which is 16% below median its 10-year median of 19.84 and 39.2% above the Consumer Packaged Goods industry median of 11.99. Mutandis SCA's overall GF Score™ is 85/100 with 7 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 Mutandis SCA (CAS:MUT), the current ROC (Joel Greenblatt) % is 16.69% 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 Mutandis SCA (CAS:MUT) Overvalued in 2026?

Based on GuruFocus' analysis, Mutandis SCA stock appears to be undervalued. The current stock price of MAD237.05 is trading 4.1% below its estimated GF Value™ of MAD247.27. GuruFocus considers Mutandis SCA to be Fairly Valued.

Key valuation signals for CAS:MUT:

  • ROC (Joel Greenblatt) %: 16.69% (16% below median its 10-year median of 19.84)
  • GF Value™: MAD247.27 vs. price of MAD237.05 (4.1% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 39.2% above the Consumer Packaged Goods median (#750 of 1971)

No single metric tells the full story. See the CAS:MUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mutandis SCA Business Description

Address 22 Boulevard Abdelkrim Khattabi, Casablanca, MAR, 20100
Mutandis SCA is an industrial and commercial group specializing in consumer goods, pursuing its brand development in Morocco and Africa. Its product categories are AGRI-FOOD and Cleaning Products. The company's products include Seafood products, Fruit Juices, Food Bottles, and Detergents. Mutandis exports its products to more than 40 countries.
85GF Score

Get the complete analysis for CAS:MUT

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD237.05
Price
MAD247.27
GF Value