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Global Corn GroupFRA:3GS ROC (Joel Greenblatt) % is -14.64% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Global Corn Group ranks worse than 89.63% 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. Global Corn Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -14.64%.
The historical rank and industry rank for Global Corn Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:3GS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.26 Med: -12.3 Max: 23.42
Current: -16.99
During the past 13 years, Global Corn Group's highest ROC (Joel Greenblatt) % was 23.42%. The lowest was -22.26%. And the median was -12.30%.
FRA:3GS's ROC (Joel Greenblatt) % is ranked worse than 89.63% of 1987
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs FRA:3GS: -16.99
Global Corn Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Global Corn Group (FRA:3GS) 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.
Global Corn Group ROC (Joel Greenblatt) % Related Terms
Global Corn Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Global Corn Group'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.
FRA:3GS vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Global Corn Group'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.
Global Corn Group ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Corn Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Global Corn Group's ROC (Joel Greenblatt) % falls into.
Global Corn Group 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 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 -14.64% mean?
Global Corn Group (FRA:3GS) has a ROC (Joel Greenblatt) % of -14.64% 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 Global Corn Group and its competitors. According to the industry distribution chart, Global Corn Group ranks #1781 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 89.6%.
Is Global Corn Group's ROC (Joel Greenblatt) % too high?
Global Corn Group's current ROC (Joel Greenblatt) % is -14.64%. Based on the distribution chart, Global Corn Group ranks #1781 out of 1987 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Global Corn Group's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Global Corn Group ranks #1781 out of 1987 companies for ROC (Joel Greenblatt) %. This places Global Corn Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. 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 1,987 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. 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 Global Corn Group 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. Global Corn Group's current ROC (Joel Greenblatt) % is -14.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Corn Group stock overvalued right now?
Global Corn Group (FRA:3GS) has a current ROC (Joel Greenblatt) % of -14.64%. The stock's GF Value™ is €0.01, compared to a current price of €0.00 — trading 70% below its estimated fair value. The current ROC (Joel Greenblatt) % is -14.64%. 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 Global Corn Group (FRA:3GS), the current ROC (Joel Greenblatt) % is -14.64% 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.
Global Corn Group Ltd and its subsidiaries (collectively referred to as the Group) are principally engaged in the R&D, production and sale of corn refined products and corn sweeteners, categorised into upstream and downstream products. The Group's upstream products include corn starch, gluten meal, corn oil and corn refined products. Corn starch is then refined to produce various corn sweeteners which are classified into two categories: corn syrup (glucose syrup, maltose syrup and high fructose corn syrup) and corn syrup solid (crystallised glucose and maltodextrin).
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