Lam Soon (Hong Kong) (FRA:LS9) ROC (Joel Greenblatt) %: 37.02% (As of Dec. 2025) — 11% Above Median


FRA:LS9 Lam Soon (Hong Kong) Ltd FRA:LS9
69 GF Score
Price €1.19
GF Value €0.88
! 2 Warning Signs
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What is Lam Soon (Hong Kong) ROC (Joel Greenblatt) %?

Lam Soon (Hong Kong) FRA:LS9 +1.71% 69 ROC (Joel Greenblatt) % is 37.02% as of Dec. 2025, which is 11% above its 10-year median of 33.26. GuruFocus rates FRA:LS9 with a GF Score™ of 69/100 and a GF Value™ of €0.88. The stock has 2 warning signs investors should review. Among 1,971 Consumer Packaged Goods companies, Lam Soon (Hong Kong) ranks better than 79.71% 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. Lam Soon (Hong Kong)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 37.02%.

The historical rank and industry rank for Lam Soon (Hong Kong)'s ROC (Joel Greenblatt) % or its related term are showing as below:

FRA:LS9' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.79   Med: 33.26   Max: 42.66
Current: 30.56

During the past 13 years, Lam Soon (Hong Kong)'s highest ROC (Joel Greenblatt) % was 42.66%. The lowest was 7.79%. And the median was 33.26%.

FRA:LS9's ROC (Joel Greenblatt) % is ranked better than
79.71% of 1971 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs FRA:LS9: 30.56

Lam Soon (Hong Kong)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.20% per year.


Lam Soon (Hong Kong)  (FRA:LS9) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Lam Soon (Hong Kong) ROC (Joel Greenblatt) % Related Terms


Lam Soon (Hong Kong) ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Lam Soon (Hong Kong)'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.

Lam Soon (Hong Kong) ROC (Joel Greenblatt) % Chart

Lam Soon (Hong Kong) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.87 25.25 7.70 22.40 31.93

Lam Soon (Hong Kong) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.33 15.97 44.77 22.39 37.02

FRA:LS9 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Lam Soon (Hong Kong)'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.


Lam Soon (Hong Kong) ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lam Soon (Hong Kong)'s ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Lam Soon (Hong Kong)'s ROC (Joel Greenblatt) % falls into.


FRA:LS9
69GF Score
Lam Soon (Hong Kong) Ltd FRA:LS9
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lam Soon (Hong Kong) 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.319 + 82.306 + 0) - (68.502 + 0 + 2.594)
=44.529

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.361 + 75.53 + 0.00099999999997635) - (69.998 + 0 + 2.607)
=42.287

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lam Soon (Hong Kong) for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=46.21/( ( (77.967 + max(44.529, 0)) + (84.847 + max(42.287, 0)) )/ 2 )
=46.21/( ( 122.496 + 127.134 )/ 2 )
=46.21/124.815
=37.02 %

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 37.02% mean?
Lam Soon (Hong Kong) (FRA:LS9) has a ROC (Joel Greenblatt) % of 37.02% 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 Lam Soon (Hong Kong) and its competitors. This is 11% above median its historical median of 33.26. Over the past decade, Lam Soon (Hong Kong)'s ROC (Joel Greenblatt) % has ranged from 7.79 to 42.66. According to the industry distribution chart, Lam Soon (Hong Kong) ranks #400 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 20.3%.
Is Lam Soon (Hong Kong)'s ROC (Joel Greenblatt) % too high?
Lam Soon (Hong Kong)'s current ROC (Joel Greenblatt) % of 37.02% is 11% above median its 10-year median of 33.26. Over the past 10 years, this metric has ranged from a low of 7.79 to a high of 42.66. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Lam Soon (Hong Kong)'s value of 37.02% is 208.8% above this industry median. Based on the distribution chart, Lam Soon (Hong Kong) ranks #400 out of 1971 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Lam Soon (Hong Kong) has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Lam Soon (Hong Kong)'s ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lam Soon (Hong Kong) ranks #400 out of 1971 companies for ROC (Joel Greenblatt) %. This places Lam Soon (Hong Kong) in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Lam Soon (Hong Kong)'s value of 37.02% is 208.8% above this benchmark. Historically, Lam Soon (Hong Kong)'s own ROC (Joel Greenblatt) % has ranged from 7.79 to 42.66 over the past decade. While the company's 10-year median is 33.26 vs. the industry median of 11.99, Lam Soon (Hong Kong) 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 1,971 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. Lam Soon (Hong Kong)'s current ROC (Joel Greenblatt) % of 37.02% is 208.8% 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 Lam Soon (Hong Kong) 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. Lam Soon (Hong Kong)'s current ROC (Joel Greenblatt) % is 37.02%, which is 11% above median its own 10-year median of 33.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Soon (Hong Kong) stock overvalued right now?
Lam Soon (Hong Kong) (FRA:LS9) has a current ROC (Joel Greenblatt) % of 37.02%. The stock's GF Value™ is €0.88, compared to a current price of €1.19 — trading 35.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 37.02%, which is 11% above median its 10-year median of 33.26 and 208.8% above the Consumer Packaged Goods industry median of 11.99. Lam Soon (Hong Kong)'s overall GF Score™ is 69/100 with 2 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 Lam Soon (Hong Kong) (FRA:LS9), the current ROC (Joel Greenblatt) % is 37.02% 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 Lam Soon (Hong Kong) (FRA:LS9) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Soon (Hong Kong) stock appears to be overvalued. The current stock price of €1.19 is trading 35.2% above its estimated GF Value™ of €0.88.

Key valuation signals for FRA:LS9:

  • ROC (Joel Greenblatt) %: 37.02% (11% above median its 10-year median of 33.26)
  • GF Value™: €0.88 vs. price of €1.19 (35.2% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 208.8% above the Consumer Packaged Goods median (#400 of 1971)

No single metric tells the full story. See the FRA:LS9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lam Soon (Hong Kong) Business Description

Other Exchanges 00411:Hong Kong
Address 21 Dai Fu Street, Lam Soon Building, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Lam Soon (Hong Kong) Ltd is an investment holding company engaged in the manufacturing of food and detergent products. The company's business segments are based on its activities and include Food and Home Care. The Food segment involves the manufacturing and distribution of food products such as flour, edible oils, and vegetable fats. The Home Care segment covers the manufacturing and distribution of household cleaning products, including liquid dishwashing detergent, laundry powder, liquid laundry detergent, fabric softener, floor cleaner, and industrial marble cleanser. The majority of its revenue is generated from the Food segment activities. It operates in Hong Kong and international markets, with the majority of its revenue derived from Mainland China.
69GF Score

Get the complete analysis for FRA:LS9

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.19
Price
€0.88
GF Value