The Magnum Ice Cream Co NV (CHIX:MICCL) ROC (Joel Greenblatt) %: 1.87% (As of Dec. 2025) — 94% Below Median


CHIX:MICCL The Magnum Ice Cream Co NV CHIX:MICCL
23 GF Score
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! 6 Warning Signs
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What is The Magnum Ice Cream Co NV ROC (Joel Greenblatt) %?

The Magnum Ice Cream Co NV CHIX:MICCL +1.44% 23 ROC (Joel Greenblatt) % is 1.87% as of Dec. 2025, which is 94% below its 10-year median of 32.55. GuruFocus rates CHIX:MICCL with a GF Score™ of 23/100. The stock has 6 warning signs investors should review. Among 1,973 Consumer Packaged Goods companies, The Magnum Ice Cream Co NV ranks better than 75.01% 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. The Magnum Ice Cream Co NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.87%.

The historical rank and industry rank for The Magnum Ice Cream Co NV's ROC (Joel Greenblatt) % or its related term are showing as below:

CHIX:MICCl' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.14   Med: 32.55   Max: 33.26
Current: 25.41

During the past 5 years, The Magnum Ice Cream Co NV's highest ROC (Joel Greenblatt) % was 33.26%. The lowest was 25.14%. And the median was 32.55%.

CHIX:MICCl's ROC (Joel Greenblatt) % is ranked better than
75.01% of 1973 companies
in the Consumer Packaged Goods industry
Industry Median: 12.07 vs CHIX:MICCl: 25.41

The Magnum Ice Cream Co NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


The Magnum Ice Cream Co NV  (CHIX:MICCl) 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.


The Magnum Ice Cream Co NV ROC (Joel Greenblatt) % Related Terms


The Magnum Ice Cream Co NV ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for The Magnum Ice Cream Co NV'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.

The Magnum Ice Cream Co NV ROC (Joel Greenblatt) % Chart

The Magnum Ice Cream Co NV Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
0.00 33.63 32.08 32.23 25.84

The Magnum Ice Cream Co NV Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 54.42 11.46 49.64 1.87

CHIX:MICCL vs KHC, GIS, JBS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, The Magnum Ice Cream Co NV'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.


The Magnum Ice Cream Co NV ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Magnum Ice Cream Co NV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where The Magnum Ice Cream Co NV's ROC (Joel Greenblatt) % falls into.


CHIX:MICCL
23GF Score
The Magnum Ice Cream Co NV CHIX:MICCL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Magnum Ice Cream Co NV 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)
=(2182.948 + 895.961 + 2.549) - (3246.37 + 0 + 30.602)
=-195.514

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(551.94 + 763.619 + 0.875) - (2512.159 + 0 + 138.204)
=-1333.929

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of The Magnum Ice Cream Co NV 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 )
=36.738/( ( (1919.43 + max(-195.514, 0)) + (2017.075 + max(-1333.929, 0)) )/ 2 )
=36.738/( ( 1919.43 + 2017.075 )/ 2 )
=36.738/1968.2525
=1.87 %

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 1.87% mean?
The Magnum Ice Cream Co NV (CHIX:MICCL) has a ROC (Joel Greenblatt) % of 1.87% 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 The Magnum Ice Cream Co NV and its competitors. This is 94% below median its historical median of 32.55. Over the past decade, The Magnum Ice Cream Co NV's ROC (Joel Greenblatt) % has ranged from 25.14 to 33.26. According to the industry distribution chart, The Magnum Ice Cream Co NV ranks #493 out of 1973 companies in the Consumer Packaged Goods industry, placing it in the top 25%.
Is The Magnum Ice Cream Co NV's ROC (Joel Greenblatt) % too high?
The Magnum Ice Cream Co NV's current ROC (Joel Greenblatt) % of 1.87% is 94% below median its 10-year median of 32.55. Over the past 10 years, this metric has ranged from a low of 25.14 to a high of 33.26. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.07. The Magnum Ice Cream Co NV's value of 1.87% is 84.5% below this industry median. Based on the distribution chart, The Magnum Ice Cream Co NV ranks #493 out of 1973 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, The Magnum Ice Cream Co NV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does The Magnum Ice Cream Co NV's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The Magnum Ice Cream Co NV ranks #493 out of 1973 companies for ROC (Joel Greenblatt) %. This places The Magnum Ice Cream Co NV in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.07. The Magnum Ice Cream Co NV's value of 1.87% is 84.5% below this benchmark. Historically, The Magnum Ice Cream Co NV's own ROC (Joel Greenblatt) % has ranged from 25.14 to 33.26 over the past decade. While the company's 10-year median is 32.55 vs. the industry median of 12.07, The Magnum Ice Cream Co NV has consistently been below 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 12.07, based on 1,973 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. The Magnum Ice Cream Co NV's current ROC (Joel Greenblatt) % of 1.87% is 84.5% below 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 The Magnum Ice Cream Co NV and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Magnum Ice Cream Co NV's current ROC (Joel Greenblatt) % is 1.87%, which is 94% below median its own 10-year median of 32.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Magnum Ice Cream Co NV stock overvalued right now?
The Magnum Ice Cream Co NV (CHIX:MICCL) has a current ROC (Joel Greenblatt) % of 1.87%. The current ROC (Joel Greenblatt) % is 1.87%, which is 94% below median its 10-year median of 32.55 and 84.5% below the Consumer Packaged Goods industry median of 12.07. The Magnum Ice Cream Co NV's overall GF Score™ is 23/100 with 6 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 The Magnum Ice Cream Co NV (CHIX:MICCL), the current ROC (Joel Greenblatt) % is 1.87% 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.

The Magnum Ice Cream Co NV Business Description

Address Reguliersdwarsstraat 63, Amsterdam, NLD, 1017 BK
The Magnum Ice Cream Co NV is a spinoff from Unilever, pure-play in manufacturing and selling a broad portfolio of ice-cream brands. TMICC ice-cream portfolio includes Magnum, Ben and Jerrys, Cornetto and the Heart brand. The company is organised into three geographic regions (i) Europe and ANZ, (ii) Americas, and (iii) AMEA.
23GF Score

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

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