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MGP IngredientsFRA:M1I +1.23%61 ROC (Joel Greenblatt) % is 10.42% as of Jun. 2026, which is 57% below its 10-year median of 23.96. GuruFocus rates FRA:M1I with a GF Score™ of 61/100 and a GF Value™ of €23.30. The stock has 6 warning signs investors should review. Among 210 Beverages - Alcoholic companies, MGP Ingredients ranks worse than 92.86% 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. MGP Ingredients's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.42%.
The historical rank and industry rank for MGP Ingredients's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:M1I'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -39.93 Med: 23.96 Max: 32.83
Current: -39.93
During the past 13 years, MGP Ingredients's highest ROC (Joel Greenblatt) % was 32.83%. The lowest was -39.93%. And the median was 23.96%.
FRA:M1I's ROC (Joel Greenblatt) % is ranked worse than 92.86% of 210
companies
in the Beverages - Alcoholic industry
Industry Median: 12.215
vs FRA:M1I: -39.93
MGP Ingredients's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
MGP Ingredients ROC (Joel Greenblatt) % Related Terms
MGP Ingredients ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MGP Ingredients'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:M1I vs AGCC, SNDL, CWGL: ROC (Joel Greenblatt) % Comparison
For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.
MGP Ingredients ROC (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MGP Ingredients'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 (Jun. 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 10.42% mean?
MGP Ingredients (FRA:M1I) has a ROC (Joel Greenblatt) % of 10.42% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on MGP Ingredients and its competitors. This is 57% below median its historical median of 23.96. According to the industry distribution chart, MGP Ingredients ranks #195 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 92.9%.
Is MGP Ingredients' ROC (Joel Greenblatt) % too high?
MGP Ingredients' current ROC (Joel Greenblatt) % of 10.42% is 57% below median its 10-year median of 23.96. The Beverages - Alcoholic industry median ROC (Joel Greenblatt) % is 12.22. MGP Ingredients' value of 10.42% is 14.7% below this industry median. Based on the distribution chart, MGP Ingredients ranks #195 out of 210 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, MGP Ingredients has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' ROC (Joel Greenblatt) % compare to AGCC and SNDL?
According to the Beverages - Alcoholic industry distribution chart, MGP Ingredients ranks #195 out of 210 companies for ROC (Joel Greenblatt) %. This places MGP Ingredients in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.22. MGP Ingredients' value of 10.42% is 14.7% below this benchmark. While the company's 10-year median is 23.96 vs. the industry median of 12.22, MGP Ingredients 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 Beverages - Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Alcoholic companies is 12.22, based on 210 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. MGP Ingredients's current ROC (Joel Greenblatt) % of 10.42% is 14.7% 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 MGP Ingredients and its competitors. For the Beverages - Alcoholic industry, the median ROC (Joel Greenblatt) % is 12.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGP Ingredients's current ROC (Joel Greenblatt) % is 10.42%, which is 57% below median its own 10-year median of 23.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGP Ingredients stock overvalued right now?
MGP Ingredients (FRA:M1I) has a current ROC (Joel Greenblatt) % of 10.42%. The stock's GF Value™ is €23.30, compared to a current price of €16.40 — trading 29.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.42%, which is 57% below median its 10-year median of 23.96 and 14.7% below the Beverages - Alcoholic industry median of 12.22. MGP Ingredients' overall GF Score™ is 61/100 with 6 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 MGP Ingredients (FRA:M1I), the current ROC (Joel Greenblatt) % is 10.42% as of Jun. 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 MGP Ingredients (FRA:M1I) Overvalued in 2026?
Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued.
The current stock price of €16.40 is trading 29.6% below its estimated GF Value™ of €23.30.
Key valuation signals for FRA:M1I:
ROC (Joel Greenblatt) %: 10.42% (57% below median its 10-year median of 23.96)
GF Value™: €23.30 vs. price of €16.40 (29.6% below fair value)
Industry Position: 14.7% below the Beverages - Alcoholic median (#195 of 210)
No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
61GF Score
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