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Pininfarina SpAFRA:PNF +1.59%57 ROC (Joel Greenblatt) % is 10.14% as of Mar. 2026. GuruFocus rates FRA:PNF with a GF Score™ of 57/100 and a GF Value™ of €1.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Pininfarina SpA ranks worse than 83.46% 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. Pininfarina SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.14%.
The historical rank and industry rank for Pininfarina SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:PNF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -59.65 Med: -4.92 Max: 55.14
Current: -3.08
During the past 13 years, Pininfarina SpA's highest ROC (Joel Greenblatt) % was 55.14%. The lowest was -59.65%. And the median was -4.92%.
FRA:PNF's ROC (Joel Greenblatt) % is ranked worse than 83.46% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 12.045
vs FRA:PNF: -3.08
Pininfarina SpA'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.
Pininfarina SpA ROC (Joel Greenblatt) % Related Terms
Pininfarina SpA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Pininfarina SpA'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:PNF vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison
For the Auto Manufacturers subindustry, Pininfarina SpA'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.
Pininfarina SpA ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Pininfarina SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pininfarina SpA'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 10.14% mean?
Pininfarina SpA (FRA:PNF) has a ROC (Joel Greenblatt) % of 10.14% 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 Pininfarina SpA and its competitors. According to the industry distribution chart, Pininfarina SpA ranks #1110 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 83.5%.
Is Pininfarina SpA's ROC (Joel Greenblatt) % too high?
Pininfarina SpA's current ROC (Joel Greenblatt) % is 10.14%. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.05. Pininfarina SpA's value of 10.14% is 15.8% below this industry median. Based on the distribution chart, Pininfarina SpA ranks #1110 out of 1330 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Pininfarina SpA has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pininfarina SpA's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Pininfarina SpA ranks #1110 out of 1330 companies for ROC (Joel Greenblatt) %. This places Pininfarina SpA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Pininfarina SpA's value of 10.14% is 15.8% below this benchmark. 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.05, based on 1,330 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. Pininfarina SpA's current ROC (Joel Greenblatt) % of 10.14% is 15.8% 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 Pininfarina SpA and its competitors. For the Vehicles & Parts 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. Pininfarina SpA's current ROC (Joel Greenblatt) % is 10.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pininfarina SpA stock overvalued right now?
Based on GuruFocus' analysis, Pininfarina SpA (FRA:PNF) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.08, compared to a current price of €0.77 — trading 29.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.14% and 15.8% below the Vehicles & Parts industry median of 12.05. Pininfarina SpA's overall GF Score™ is 57/100 with 5 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 Pininfarina SpA (FRA:PNF), the current ROC (Joel Greenblatt) % is 10.14% 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 Pininfarina SpA (FRA:PNF) Overvalued in 2026?
Based on GuruFocus' analysis, Pininfarina SpA stock appears to be undervalued.
The current stock price of €0.77 is trading 29.1% below its estimated GF Value™ of €1.08.
GuruFocus considers Pininfarina SpA to be Modestly Undervalued.
Key valuation signals for FRA:PNF:
ROC (Joel Greenblatt) %: 10.14%
GF Value™: €1.08 vs. price of €0.77 (29.1% below fair value)
Industry Position: 15.8% below the Vehicles & Parts median (#1110 of 1330)
No single metric tells the full story. See the FRA:PNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pininfarina SpA is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.
57GF Score
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