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Miko NVCHIX:MIKOB 80 ROC (Joel Greenblatt) % is 8.27% as of Dec. 2025, which is 11% below its 10-year median of 9.34. GuruFocus rates CHIX:MIKOB with a GF Score™ of 80/100 and a GF Value™ of €96.11. The stock has 9 warning signs investors should review. Among 1,979 Consumer Packaged Goods companies, Miko NV ranks worse than 57.3% 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. Miko NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.27%.
The historical rank and industry rank for Miko NV's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:MIKOb'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.06 Med: 9.34 Max: 18.38
Current: 9.46
During the past 13 years, Miko NV's highest ROC (Joel Greenblatt) % was 18.38%. The lowest was -0.06%. And the median was 9.34%.
CHIX:MIKOb's ROC (Joel Greenblatt) % is ranked worse than 57.3% of 1979
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs CHIX:MIKOb: 9.46
Miko NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
The historical data trend for Miko 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.
CHIX:MIKOB vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Miko 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.
Miko NV ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Miko NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Miko NV'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 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 8.27% mean?
Miko NV (CHIX:MIKOB) has a ROC (Joel Greenblatt) % of 8.27% 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 Miko NV and its competitors. This is 11% below median its historical median of 9.34. According to the industry distribution chart, Miko NV ranks #1134 out of 1979 companies in the Consumer Packaged Goods industry, placing it in the top 57.3%.
Is Miko NV's ROC (Joel Greenblatt) % too high?
Miko NV's current ROC (Joel Greenblatt) % of 8.27% is 11% below median its 10-year median of 9.34. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Miko NV's value of 8.27% is 31% below this industry median. Based on the distribution chart, Miko NV ranks #1134 out of 1979 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Miko NV has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Miko NV's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Miko NV ranks #1134 out of 1979 companies for ROC (Joel Greenblatt) %. This places Miko NV in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Miko NV's value of 8.27% is 31% below this benchmark. While the company's 10-year median is 9.34 vs. the industry median of 11.99, Miko 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 11.99, based on 1,979 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. Miko NV's current ROC (Joel Greenblatt) % of 8.27% is 31% 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 Miko NV 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. Miko NV's current ROC (Joel Greenblatt) % is 8.27%, which is 11% below median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miko NV stock overvalued right now?
Miko NV (CHIX:MIKOB) has a current ROC (Joel Greenblatt) % of 8.27%. The stock's GF Value™ is €96.11, compared to a current price of €94.00 — trading 2.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.27%, which is 11% below median its 10-year median of 9.34 and 31% below the Consumer Packaged Goods industry median of 11.99. Miko NV's overall GF Score™ is 80/100 with 9 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 Miko NV (CHIX:MIKOB), the current ROC (Joel Greenblatt) % is 8.27% 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 Miko NV (CHIX:MIKOB) Overvalued in 2026?
Based on GuruFocus' analysis, Miko NV stock appears to be undervalued.
The current stock price of €94.00 is trading 2.2% below its estimated GF Value™ of €96.11.
Key valuation signals for CHIX:MIKOB:
ROC (Joel Greenblatt) %: 8.27% (11% below median its 10-year median of 9.34)
GF Value™: €96.11 vs. price of €94.00 (2.2% below fair value)
Industry Position: 31% below the Consumer Packaged Goods median (#1134 of 1979)
No single metric tells the full story. See the CHIX:MIKOB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miko NV is involved in the business of producing and distributing coffee and plastic packaging. The company also manages its subsidiaries in European countries and Australia as well as sells its coffee concepts via independent distributors in countries across Europe and beyond. The sole business segment focuses exclusively on coffee, catering to the Out-of-Home market. This market includes offices, businesses, and restaurants where coffee is consumed away from home. Additionally, the segment supplies coffee to retail outlets. The various national subsidiaries within the coffee division all focus on the market segments of office coffee, the hospitality sector, and health care. It mainly operates in Belgium, England, Germany, New Zealand, France and others.
80GF Score
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