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ACI FormulationsDHA:ACIFORMULA +3.11%91 ROC (Joel Greenblatt) % is 11.36% as of Mar. 2026, which is 11% above its 10-year median of 10.27. GuruFocus rates DHA:ACIFORMULA with a GF Score™ of 91/100 and a GF Value™ of BDT150.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 260 Agriculture companies, ACI Formulations ranks better than 54.23% 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. ACI Formulations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.36%.
The historical rank and industry rank for ACI Formulations's ROC (Joel Greenblatt) % or its related term are showing as below:
DHA:ACIFORMULA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.86 Med: 10.27 Max: 14.79
Current: 12.65
During the past 13 years, ACI Formulations's highest ROC (Joel Greenblatt) % was 14.79%. The lowest was 7.86%. And the median was 10.27%.
DHA:ACIFORMULA's ROC (Joel Greenblatt) % is ranked better than 54.23% of 260
companies
in the Agriculture industry
Industry Median: 10.495
vs DHA:ACIFORMULA: 12.65
ACI Formulations's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.10% 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.
ACI Formulations ROC (Joel Greenblatt) % Related Terms
ACI Formulations ROC (Joel Greenblatt) % Historical Data
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The historical data trend for ACI Formulations'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.
DHA:ACIFORMULA vs CTVA, CF, MOS: ROC (Joel Greenblatt) % Comparison
For the Agricultural Inputs subindustry, ACI Formulations'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.
ACI Formulations ROC (Joel Greenblatt) % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, ACI Formulations's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ACI Formulations'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 (Mar. 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 11.36% mean?
ACI Formulations (DHA:ACIFORMULA) has a ROC (Joel Greenblatt) % of 11.36% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on ACI Formulations and its competitors. This is 11% above median its historical median of 10.27. Over the past decade, ACI Formulations' ROC (Joel Greenblatt) % has ranged from 7.86 to 14.79. According to the industry distribution chart, ACI Formulations ranks #119 out of 260 companies in the Agriculture industry, placing it in the top 45.8%.
Is ACI Formulations' ROC (Joel Greenblatt) % too high?
ACI Formulations' current ROC (Joel Greenblatt) % of 11.36% is 11% above median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 14.79. The Agriculture industry median ROC (Joel Greenblatt) % is 10.50. ACI Formulations' value of 11.36% is 8.2% above this industry median. Based on the distribution chart, ACI Formulations ranks #119 out of 260 companies in the Agriculture industry, which is above the industry midpoint. Overall, ACI Formulations has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACI Formulations' ROC (Joel Greenblatt) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, ACI Formulations ranks #119 out of 260 companies for ROC (Joel Greenblatt) %. This puts ACI Formulations in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.50. ACI Formulations' value of 11.36% is 8.2% above this benchmark. Historically, ACI Formulations' own ROC (Joel Greenblatt) % has ranged from 7.86 to 14.79 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 10.50, ACI Formulations 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 an Agriculture company?
The median ROC (Joel Greenblatt) % among Agriculture companies is 10.50, based on 260 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. ACI Formulations's current ROC (Joel Greenblatt) % of 11.36% is 8.2% 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 ACI Formulations and its competitors. For the Agriculture industry, the median ROC (Joel Greenblatt) % is 10.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACI Formulations's current ROC (Joel Greenblatt) % is 11.36%, which is 11% above median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACI Formulations stock overvalued right now?
Based on GuruFocus' analysis, ACI Formulations (DHA:ACIFORMULA) is currently considered Fairly Valued. The stock's GF Value™ is BDT150.73, compared to a current price of BDT152.70 — trading 1.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.36%, which is 11% above median its 10-year median of 10.27 and 8.2% above the Agriculture industry median of 10.50. ACI Formulations' overall GF Score™ is 91/100 with 4 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 ACI Formulations (DHA:ACIFORMULA), the current ROC (Joel Greenblatt) % is 11.36% as of Mar. 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 ACI Formulations (DHA:ACIFORMULA) Overvalued in 2026?
Based on GuruFocus' analysis, ACI Formulations stock appears to be overvalued.
The current stock price of BDT152.70 is trading 1.3% above its estimated GF Value™ of BDT150.73.
GuruFocus considers ACI Formulations to be Fairly Valued.
Key valuation signals for DHA:ACIFORMULA:
ROC (Joel Greenblatt) %: 11.36% (11% above median its 10-year median of 10.27)
GF Value™: BDT150.73 vs. price of BDT152.70 (1.3% above fair value)
Industry Position: 8.2% above the Agriculture median (#119 of 260)
No single metric tells the full story. See the DHA:ACIFORMULA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACI Formulations PLC is engaged in the manufacturing and marketing of several agrochemical and consumer products. The company offers a complete range of cost-effective solutions for farmers through formulating and marketing insecticides, herbicides, fungicides, miticides, etc. Its businesses are Pharmaceuticals, Salt, Skincare & Antiseptics, Kitchen Care, Fabric Care, Surface Care, Herbal Care, Lavatory Care, and Others. The group's reportable segments are Crop Care and Public Health (CC & PH), which include manufacturing and selling crop care and public health products; Mosquito coil (M. Coil) includes manufacturing and selling mosquito coil products; Aerosol provides manufacturing and selling aerosol and air freshener products; and Paint covers manufacture and sell paint products.
91GF 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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