Mitsubishi Paper MillsFRA:MPX +1.89%43 ROC (Joel Greenblatt) % is 16.56% as of Mar. 2026, which is 754% above its 10-year median of 1.94. GuruFocus rates FRA:MPX with a GF Score™ of 43/100 and a GF Value™ of €2.68. The stock has 10 warning signs investors should review. Among 285 Forest Products companies, Mitsubishi Paper Mills ranks worse than 55.09% 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. Mitsubishi Paper Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.56%.
The historical rank and industry rank for Mitsubishi Paper Mills's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:MPX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.93 Med: 1.94 Max: 7.79
Current: 3.27
During the past 13 years, Mitsubishi Paper Mills's highest ROC (Joel Greenblatt) % was 7.79%. The lowest was -0.93%. And the median was 1.94%.
FRA:MPX's ROC (Joel Greenblatt) % is ranked worse than 55.09% of 285
companies
in the Forest Products industry
Industry Median: 4.56
vs FRA:MPX: 3.27
Mitsubishi Paper Mills's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mitsubishi Paper Mills (FRA:MPX) 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.
Mitsubishi Paper Mills ROC (Joel Greenblatt) % Related Terms
Mitsubishi Paper Mills ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mitsubishi Paper Mills'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.
Mitsubishi Paper Mills ROC (Joel Greenblatt) % Chart
Mitsubishi Paper Mills ROC (Joel Greenblatt) % Competitor Comparison
For the Paper & Paper Products subindustry, Mitsubishi Paper Mills'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.
Mitsubishi Paper Mills ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mitsubishi Paper Mills's ROC (Joel Greenblatt) % falls into.
Mitsubishi Paper Mills 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 (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 16.56% mean?
Mitsubishi Paper Mills (FRA:MPX) has a ROC (Joel Greenblatt) % of 16.56% 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 Mitsubishi Paper Mills and its competitors. This is 754% above median its historical median of 1.94. According to the industry distribution chart, Mitsubishi Paper Mills ranks #157 out of 285 companies in the Forest Products industry, placing it in the top 55.1%.
Is Mitsubishi Paper Mills' ROC (Joel Greenblatt) % too high?
Mitsubishi Paper Mills' current ROC (Joel Greenblatt) % of 16.56% is 754% above median its 10-year median of 1.94. The Forest Products industry median ROC (Joel Greenblatt) % is 4.56. Mitsubishi Paper Mills' value of 16.56% is 263.2% above this industry median. Based on the distribution chart, Mitsubishi Paper Mills ranks #157 out of 285 companies in the Forest Products industry, which is below the industry midpoint. Overall, Mitsubishi Paper Mills has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Paper Mills' ROC (Joel Greenblatt) % compare to competitors?
According to the Forest Products industry distribution chart, Mitsubishi Paper Mills ranks #157 out of 285 companies for ROC (Joel Greenblatt) %. This places Mitsubishi Paper Mills in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.56. Mitsubishi Paper Mills' value of 16.56% is 263.2% above this benchmark. While the company's 10-year median is 1.94 vs. the industry median of 4.56, Mitsubishi Paper Mills 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.56, based on 285 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. Mitsubishi Paper Mills's current ROC (Joel Greenblatt) % of 16.56% is 263.2% 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 Mitsubishi Paper Mills and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Paper Mills's current ROC (Joel Greenblatt) % is 16.56%, which is 754% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Paper Mills stock overvalued right now?
Mitsubishi Paper Mills (FRA:MPX) has a current ROC (Joel Greenblatt) % of 16.56%. The stock's GF Value™ is €2.68, compared to a current price of €5.40 — trading 101.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.56%, which is 754% above median its 10-year median of 1.94 and 263.2% above the Forest Products industry median of 4.56. Mitsubishi Paper Mills' overall GF Score™ is 43/100 with 10 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 Mitsubishi Paper Mills (FRA:MPX), the current ROC (Joel Greenblatt) % is 16.56% 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 Mitsubishi Paper Mills (FRA:MPX) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Paper Mills stock appears to be overvalued.
The current stock price of €5.40 is trading 101.5% above its estimated GF Value™ of €2.68.
Key valuation signals for FRA:MPX:
ROC (Joel Greenblatt) %: 16.56% (754% above median its 10-year median of 1.94)
GF Value™: €2.68 vs. price of €5.40 (101.5% above fair value)
Industry Position: 263.2% above the Forest Products median (#157 of 285)
No single metric tells the full story. See the FRA:MPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.
43GF Score
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