Rapala VMCFRA:RAP +0.91%58 ROC (Joel Greenblatt) % is -1.34% as of Dec. 2025. GuruFocus rates FRA:RAP with a GF Score™ of 58/100 and a GF Value™ of €2.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 846 Travel & Leisure companies, Rapala VMC ranks worse than 57.45% 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. Rapala VMC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1.34%.
The historical rank and industry rank for Rapala VMC's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:RAP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.66 Med: 7.38 Max: 27.47
Current: 6.73
During the past 13 years, Rapala VMC's highest ROC (Joel Greenblatt) % was 27.47%. The lowest was 1.66%. And the median was 7.38%.
FRA:RAP's ROC (Joel Greenblatt) % is ranked worse than 57.45% of 846
companies
in the Travel & Leisure industry
Industry Median: 9.955
vs FRA:RAP: 6.73
Rapala VMC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -30.90% 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.
Rapala VMC ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Rapala VMC'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:RAP vs AS, HAS, LTH: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, Rapala VMC'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.
Rapala VMC ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Rapala VMC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rapala VMC'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 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 -1.34% mean?
Rapala VMC (FRA:RAP) has a ROC (Joel Greenblatt) % of -1.34% 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 Rapala VMC and its competitors. Over the past decade, Rapala VMC's ROC (Joel Greenblatt) % has ranged from 1.66 to 27.47. According to the industry distribution chart, Rapala VMC ranks #486 out of 846 companies in the Travel & Leisure industry, placing it in the top 57.4%.
Is Rapala VMC's ROC (Joel Greenblatt) % too high?
Rapala VMC's current ROC (Joel Greenblatt) % is -1.34%. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 27.47. Based on the distribution chart, Rapala VMC ranks #486 out of 846 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Rapala VMC has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rapala VMC's ROC (Joel Greenblatt) % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Rapala VMC ranks #486 out of 846 companies for ROC (Joel Greenblatt) %. This places Rapala VMC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.96. Historically, Rapala VMC's own ROC (Joel Greenblatt) % has ranged from 1.66 to 27.47 over the past decade. 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.96, based on 846 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. 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 Rapala VMC and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rapala VMC's current ROC (Joel Greenblatt) % is -1.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapala VMC stock overvalued right now?
Based on GuruFocus' analysis, Rapala VMC (FRA:RAP) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.18, compared to a current price of €1.11 — trading 49.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -1.34%. Rapala VMC's overall GF Score™ is 58/100 with 4 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 Rapala VMC (FRA:RAP), the current ROC (Joel Greenblatt) % is -1.34% 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 Rapala VMC (FRA:RAP) Overvalued in 2026?
Based on GuruFocus' analysis, Rapala VMC stock appears to be undervalued.
The current stock price of €1.11 is trading 49.3% below its estimated GF Value™ of €2.18.
GuruFocus considers Rapala VMC to be Significantly Undervalued.
Key valuation signals for FRA:RAP:
ROC (Joel Greenblatt) %: -1.34%
GF Value™: €2.18 vs. price of €1.11 (49.3% below fair value)
No single metric tells the full story. See the FRA:RAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rapala VMC Corp is a fishing tackle company. It is engaged in the business of manufacturing, sourcing, and distributing mainly fishing tackle equipment, as well as hunting, outdoor, and winter sports equipment. The company's products include fishing lures, treble hooks, fishing-related knives and hooks, etc. The firm markets and sells its products under the Sufix, Mora Ice, Peltonen, Williamson, VMC, Storm, Blue Fox, Rapala, and other brands. Geographically, the company generates maximum revenue from North America, followed by the Nordic regions, Rest of Europe, and the Rest of the World.
58GF Score
Get the complete analysis for FRA:RAP
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:RAP has been successfully added to your 
