Cracker Barrel Old Country StoreCBRL -2.94%62 ROC (Joel Greenblatt) % is 12.51% as of Apr. 2026, which is 9% below its 10-year median of 13.68. GuruFocus rates CBRL with a GF Score™ of 62/100 and a GF Value™ of $46.76 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 361 Restaurants companies, Cracker Barrel Old Country Store ranks worse than 69.81% 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. Cracker Barrel Old Country Store's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 12.51%.
The historical rank and industry rank for Cracker Barrel Old Country Store's ROC (Joel Greenblatt) % or its related term are showing as below:
CBRL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.65 Med: 13.68 Max: 28.75
Current: 1.65
During the past 13 years, Cracker Barrel Old Country Store's highest ROC (Joel Greenblatt) % was 28.75%. The lowest was 1.65%. And the median was 13.68%.
CBRL's ROC (Joel Greenblatt) % is ranked worse than 69.81% of 361
companies
in the Restaurants industry
Industry Median: 8.67
vs CBRL: 1.65
Cracker Barrel Old Country Store (NAS:CBRL) 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.
Cracker Barrel Old Country Store ROC (Joel Greenblatt) % Chart
CBRL vs PZZA, BJRI, BH: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, Cracker Barrel Old Country Store'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.
Cracker Barrel Old Country Store ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Cracker Barrel Old Country Store's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cracker Barrel Old Country Store's ROC (Joel Greenblatt) % falls into.
Cracker Barrel Old Country Store 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 (Apr. 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 12.51% mean?
Cracker Barrel Old Country Store (CBRL) has a ROC (Joel Greenblatt) % of 12.51% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Cracker Barrel Old Country Store and its competitors. This is near median its historical median of 13.68. Over the past decade, Cracker Barrel Old Country Store's ROC (Joel Greenblatt) % has ranged from 1.65 to 28.75. According to the industry distribution chart, Cracker Barrel Old Country Store ranks #252 out of 361 companies in the Restaurants industry, placing it in the top 69.8%.
Is Cracker Barrel Old Country Store's ROC (Joel Greenblatt) % too high?
Cracker Barrel Old Country Store's current ROC (Joel Greenblatt) % of 12.51% is near median its 10-year median of 13.68. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 28.75. The Restaurants industry median ROC (Joel Greenblatt) % is 8.67. Cracker Barrel Old Country Store's value of 12.51% is 44.3% above this industry median. Based on the distribution chart, Cracker Barrel Old Country Store ranks #252 out of 361 companies in the Restaurants industry, which is below the industry midpoint. Overall, Cracker Barrel Old Country Store has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cracker Barrel Old Country Store's ROC (Joel Greenblatt) % compare to PZZA and BJRI?
According to the Restaurants industry distribution chart, Cracker Barrel Old Country Store ranks #252 out of 361 companies for ROC (Joel Greenblatt) %. This places Cracker Barrel Old Country Store in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.67. Cracker Barrel Old Country Store's value of 12.51% is 44.3% above this benchmark. Historically, Cracker Barrel Old Country Store's own ROC (Joel Greenblatt) % has ranged from 1.65 to 28.75 over the past decade. While the company's 10-year median is 13.68 vs. the industry median of 8.67, Cracker Barrel Old Country Store 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.67, based on 361 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. Cracker Barrel Old Country Store's current ROC (Joel Greenblatt) % of 12.51% is 44.3% 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 Cracker Barrel Old Country Store and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cracker Barrel Old Country Store's current ROC (Joel Greenblatt) % is 12.51%, which is near median its own 10-year median of 13.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cracker Barrel Old Country Store stock overvalued right now?
Based on GuruFocus' analysis, Cracker Barrel Old Country Store (CBRL) is currently considered Modestly Overvalued. The stock's GF Value™ is $46.76, compared to a current price of $53.52 — trading 14.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.51%, which is near median its 10-year median of 13.68 and 44.3% above the Restaurants industry median of 8.67. Cracker Barrel Old Country Store's overall GF Score™ is 62/100 with 10 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 Cracker Barrel Old Country Store (CBRL), the current ROC (Joel Greenblatt) % is 12.51% as of Apr. 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 Cracker Barrel Old Country Store (CBRL) Overvalued in 2026?
Based on GuruFocus' analysis, Cracker Barrel Old Country Store stock appears to be overvalued.
The current stock price of $53.52 is trading 14.5% above its estimated GF Value™ of $46.76.
GuruFocus considers Cracker Barrel Old Country Store to be Modestly Overvalued.
Key valuation signals for CBRL:
ROC (Joel Greenblatt) %: 12.51% (near median its 10-year median of 13.68)
GF Value™: $46.76 vs. price of $53.52 (14.5% above fair value)
Industry Position: 44.3% above the Restaurants median (#252 of 361)
No single metric tells the full story. See the CBRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cracker Barrel Old Country Store Business Description
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. The Cracker Barrel stores consists of a restaurant with a gift shop. The restaurants serve breakfast, lunch and dinner. The gift shop offers a variety of decorative and functional items specializing in rocking chairs, holiday gifts, toys, apparel and foods.
62GF Score
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