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Atria OyjFRA:AJC +4.15%56 ROC (Joel Greenblatt) % is 9.73% as of Mar. 2026, which is 22% above its 10-year median of 7.97. GuruFocus rates FRA:AJC with a GF Score™ of 56/100 and a GF Value™ of €12.01 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,982 Consumer Packaged Goods companies, Atria Oyj ranks worse than 51.16% 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. Atria Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.73%.
The historical rank and industry rank for Atria Oyj's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:AJC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.19 Med: 7.97 Max: 12.87
Current: 11.57
During the past 13 years, Atria Oyj's highest ROC (Joel Greenblatt) % was 12.87%. The lowest was 1.19%. And the median was 7.97%.
FRA:AJC's ROC (Joel Greenblatt) % is ranked worse than 51.16% of 1982
companies
in the Consumer Packaged Goods industry
Industry Median: 11.985
vs FRA:AJC: 11.57
Atria Oyj's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.10% 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.
The historical data trend for Atria Oyj'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:AJC vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Atria Oyj'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.
Atria Oyj ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Atria Oyj's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Atria Oyj'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 9.73% mean?
Atria Oyj (FRA:AJC) has a ROC (Joel Greenblatt) % of 9.73% 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 Atria Oyj and its competitors. This is 22% above median its historical median of 7.97. Over the past decade, Atria Oyj's ROC (Joel Greenblatt) % has ranged from 1.19 to 12.87. According to the industry distribution chart, Atria Oyj ranks #1014 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 51.2%.
Is Atria Oyj's ROC (Joel Greenblatt) % too high?
Atria Oyj's current ROC (Joel Greenblatt) % of 9.73% is 22% above median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 12.87. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Atria Oyj's value of 9.73% is 18.8% below this industry median. Based on the distribution chart, Atria Oyj ranks #1014 out of 1982 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Atria Oyj has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atria Oyj's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Atria Oyj ranks #1014 out of 1982 companies for ROC (Joel Greenblatt) %. This places Atria Oyj in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Atria Oyj's value of 9.73% is 18.8% below this benchmark. Historically, Atria Oyj's own ROC (Joel Greenblatt) % has ranged from 1.19 to 12.87 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 11.99, Atria Oyj 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 1,982 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. Atria Oyj's current ROC (Joel Greenblatt) % of 9.73% is 18.8% 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 Atria Oyj 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. Atria Oyj's current ROC (Joel Greenblatt) % is 9.73%, which is 22% above median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atria Oyj stock overvalued right now?
Based on GuruFocus' analysis, Atria Oyj (FRA:AJC) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.01, compared to a current price of €16.08 — trading 33.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.73%, which is 22% above median its 10-year median of 7.97 and 18.8% below the Consumer Packaged Goods industry median of 11.99. Atria Oyj's overall GF Score™ is 56/100 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 Atria Oyj (FRA:AJC), the current ROC (Joel Greenblatt) % is 9.73% 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 Atria Oyj (FRA:AJC) Overvalued in 2026?
Based on GuruFocus' analysis, Atria Oyj stock appears to be overvalued.
The current stock price of €16.08 is trading 33.9% above its estimated GF Value™ of €12.01.
GuruFocus considers Atria Oyj to be Significantly Overvalued.
Key valuation signals for FRA:AJC:
ROC (Joel Greenblatt) %: 9.73% (22% above median its 10-year median of 7.97)
GF Value™: €12.01 vs. price of €16.08 (33.9% above fair value)
Industry Position: 18.8% below the Consumer Packaged Goods median (#1014 of 1982)
No single metric tells the full story. See the FRA:AJC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atria Oyj manufactures and markets food products, in particular meat products, poultry products, ready meals and food concepts. Its main market area covers Finland, Sweden, Denmark, and Baltic countries. The company's segments include Atria Finland, Atria Sweden, Atria Denmark and Estonia. Atria Finland's product categories include Fresh and consumer packed meat, Poultry products, Cooking products, such as cooking sausages, Sandwich toppings, Convenience food, and Animal feed. Atria Sweden's products include Cold cuts, Sausages, Fresh poultry products, Convenience food, Vegetable and delicatessen products, and Atria Denmark and Estonia's product categories include Meat products, particularly sausages, including cold cuts and spreads, Convenience food, and fresh and consumer-packed meat.
56GF Score
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