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Nissin Foods CoFRA:4NS 64 ROC (Joel Greenblatt) % is 20.52% as of Dec. 2025, which is 17% below its 10-year median of 24.65. GuruFocus rates FRA:4NS with a GF Score™ of 64/100 and a GF Value™ of €0.67 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,975 Consumer Packaged Goods companies, Nissin Foods Co ranks better than 76.35% 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. Nissin Foods Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 20.52%.
The historical rank and industry rank for Nissin Foods Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:4NS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.48 Med: 24.65 Max: 26.95
Current: 26.35
During the past 12 years, Nissin Foods Co's highest ROC (Joel Greenblatt) % was 26.95%. The lowest was 16.48%. And the median was 24.65%.
FRA:4NS's ROC (Joel Greenblatt) % is ranked better than 76.35% of 1975
companies
in the Consumer Packaged Goods industry
Industry Median: 12.05
vs FRA:4NS: 26.35
Nissin Foods Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.10% per year.
Nissin Foods Co (FRA:4NS) 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.
Nissin Foods Co ROC (Joel Greenblatt) % Related Terms
Nissin Foods Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Nissin Foods Co'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:4NS vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Nissin Foods Co'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.
Nissin Foods Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nissin Foods Co's ROC (Joel Greenblatt) % falls into.
Nissin Foods Co 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 four times the quarterly (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 20.52% mean?
Nissin Foods Co (FRA:4NS) has a ROC (Joel Greenblatt) % of 20.52% 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 Nissin Foods Co and its competitors. This is 17% below median its historical median of 24.65. Over the past decade, Nissin Foods Co's ROC (Joel Greenblatt) % has ranged from 16.48 to 26.95. According to the industry distribution chart, Nissin Foods Co ranks #467 out of 1975 companies in the Consumer Packaged Goods industry, placing it in the top 23.6%.
Is Nissin Foods Co's ROC (Joel Greenblatt) % too high?
Nissin Foods Co's current ROC (Joel Greenblatt) % of 20.52% is 17% below median its 10-year median of 24.65. Over the past 10 years, this metric has ranged from a low of 16.48 to a high of 26.95. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.05. Nissin Foods Co's value of 20.52% is 70.3% above this industry median. Based on the distribution chart, Nissin Foods Co ranks #467 out of 1975 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nissin Foods Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nissin Foods Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nissin Foods Co ranks #467 out of 1975 companies for ROC (Joel Greenblatt) %. This places Nissin Foods Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.05. Nissin Foods Co's value of 20.52% is 70.3% above this benchmark. Historically, Nissin Foods Co's own ROC (Joel Greenblatt) % has ranged from 16.48 to 26.95 over the past decade. While the company's 10-year median is 24.65 vs. the industry median of 12.05, Nissin Foods Co 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 12.05, based on 1,975 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. Nissin Foods Co's current ROC (Joel Greenblatt) % of 20.52% is 70.3% 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 Nissin Foods Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissin Foods Co's current ROC (Joel Greenblatt) % is 20.52%, which is 17% below median its own 10-year median of 24.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Foods Co (FRA:4NS) is currently considered Fairly Valued. The stock's GF Value™ is €0.67, compared to a current price of €0.72 — trading 6.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.52%, which is 17% below median its 10-year median of 24.65 and 70.3% above the Consumer Packaged Goods industry median of 12.05. Nissin Foods Co's overall GF Score™ is 64/100 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 Nissin Foods Co (FRA:4NS), the current ROC (Joel Greenblatt) % is 20.52% 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 Nissin Foods Co (FRA:4NS) Overvalued in 2026?
Based on GuruFocus' analysis, Nissin Foods Co stock appears to be overvalued.
The current stock price of €0.72 is trading 6.7% above its estimated GF Value™ of €0.67.
GuruFocus considers Nissin Foods Co to be Fairly Valued.
Key valuation signals for FRA:4NS:
ROC (Joel Greenblatt) %: 20.52% (17% below median its 10-year median of 24.65)
GF Value™: €0.67 vs. price of €0.72 (6.7% above fair value)
Industry Position: 70.3% above the Consumer Packaged Goods median (#467 of 1975)
No single metric tells the full story. See the FRA:4NS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sells instant noodles, frozen food, retort foods, beverage products, and snacks in Hong Kong and China. It sells its products under the brand names NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's segments include Hong Kong and other regions (including Vietnam, Korea, Taiwan, and Australia) and Mainland China. The company generates the majority of its revenue from Mainland China.
64GF Score
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