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DoleFRA:4CB +1.67%79 ROC (Joel Greenblatt) % is 18.35% as of Mar. 2026, which is 7% above its 10-year median of 17.09. GuruFocus rates FRA:4CB with a GF Score™ of 79/100 and a GF Value™ of €13.22. The stock has 1 warning sign investors should review. Among 1,979 Consumer Packaged Goods companies, Dole ranks better than 57.66% 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. Dole's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.35%.
The historical rank and industry rank for Dole's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:4CB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.32 Med: 17.09 Max: 20.46
Current: 14.92
During the past 8 years, Dole's highest ROC (Joel Greenblatt) % was 20.46%. The lowest was 0.32%. And the median was 17.09%.
FRA:4CB's ROC (Joel Greenblatt) % is ranked better than 57.66% of 1979
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs FRA:4CB: 14.92
Dole's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.30% 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 Dole'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:4CB vs AGRO, FDP, VITL: ROC (Joel Greenblatt) % Comparison
For the Farm Products subindustry, Dole'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.
Dole ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Dole's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dole'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 18.35% mean?
Dole (FRA:4CB) has a ROC (Joel Greenblatt) % of 18.35% 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 Dole and its competitors. This is near median its historical median of 17.09. Over the past decade, Dole's ROC (Joel Greenblatt) % has ranged from 0.32 to 20.46. According to the industry distribution chart, Dole ranks #838 out of 1979 companies in the Consumer Packaged Goods industry, placing it in the top 42.3%.
Is Dole's ROC (Joel Greenblatt) % too high?
Dole's current ROC (Joel Greenblatt) % of 18.35% is near median its 10-year median of 17.09. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 20.46. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Dole's value of 18.35% is 53% above this industry median. Based on the distribution chart, Dole ranks #838 out of 1979 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Dole has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Dole's ROC (Joel Greenblatt) % compare to AGRO and FDP?
According to the Consumer Packaged Goods industry distribution chart, Dole ranks #838 out of 1979 companies for ROC (Joel Greenblatt) %. This puts Dole in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Dole's value of 18.35% is 53% above this benchmark. Historically, Dole's own ROC (Joel Greenblatt) % has ranged from 0.32 to 20.46 over the past decade. While the company's 10-year median is 17.09 vs. the industry median of 11.99, Dole 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 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. Dole's current ROC (Joel Greenblatt) % of 18.35% is 53% 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 Dole 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. Dole's current ROC (Joel Greenblatt) % is 18.35%, which is near median its own 10-year median of 17.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dole stock overvalued right now?
Dole (FRA:4CB) has a current ROC (Joel Greenblatt) % of 18.35%. The stock's GF Value™ is €13.22, compared to a current price of €12.20 — trading 7.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.35%, which is near median its 10-year median of 17.09 and 53% above the Consumer Packaged Goods industry median of 11.99. Dole's overall GF Score™ is 79/100 with 1 warning sign 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 Dole (FRA:4CB), the current ROC (Joel Greenblatt) % is 18.35% 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 Dole (FRA:4CB) Overvalued in 2026?
Based on GuruFocus' analysis, Dole stock appears to be undervalued.
The current stock price of €12.20 is trading 7.7% below its estimated GF Value™ of €13.22.
Key valuation signals for FRA:4CB:
ROC (Joel Greenblatt) %: 18.35% (near median its 10-year median of 17.09)
GF Value™: €13.22 vs. price of €12.20 (7.7% below fair value)
Industry Position: 53% above the Consumer Packaged Goods median (#838 of 1979)
No single metric tells the full story. See the FRA:4CB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dole PLC operates in the North American and European markets for fresh fruits and vegetables. The company's segment includes Fresh Fruit; Diversified Fresh Produce - EMEA; Diversified Fresh Produce - Americas and ROW. It generates maximum revenue from the Diversified Fresh Produce - EMEA segment. Diversified Fresh Produce - EMEA segment includes Dole's Irish, Dutch, Spanish, Portuguese, French, Italian, U.K., Swedish, Danish, South African, Eastern European, and Brazilian businesses, the majority of which sell a variety of imported and local fresh fruits and vegetables through retail, wholesale and, in some instances, food service channels across the European marketplace. Geographically, the company operates in United States, Ireland, U.K. Spain, Sweden, and Others.
79GF Score
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