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Golden Agri-ResourcesGARPY 76 ROC (Joel Greenblatt) % is 19.54% as of Dec. 2025, which is 76% above its 10-year median of 11.08. GuruFocus rates GARPY with a GF Score™ of 76/100 and a GF Value™ of $19.78 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,981 Consumer Packaged Goods companies, Golden Agri-Resources ranks better than 59.41% 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. Golden Agri-Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.54%.
The historical rank and industry rank for Golden Agri-Resources's ROC (Joel Greenblatt) % or its related term are showing as below:
GARPY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.65 Med: 11.08 Max: 28.33
Current: 15.51
During the past 13 years, Golden Agri-Resources's highest ROC (Joel Greenblatt) % was 28.33%. The lowest was 6.65%. And the median was 11.08%.
GARPY's ROC (Joel Greenblatt) % is ranked better than 59.41% of 1981
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs GARPY: 15.51
Golden Agri-Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.00% per year.
Golden Agri-Resources (OTCPK:GARPY) 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.
Golden Agri-Resources ROC (Joel Greenblatt) % Related Terms
Golden Agri-Resources ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Golden Agri-Resources'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.
Golden Agri-Resources ROC (Joel Greenblatt) % Chart
GARPY vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison
For the Farm Products subindustry, Golden Agri-Resources'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.
Golden Agri-Resources ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Agri-Resources's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Golden Agri-Resources's ROC (Joel Greenblatt) % falls into.
Golden Agri-Resources 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 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 19.54% mean?
Golden Agri-Resources (GARPY) has a ROC (Joel Greenblatt) % of 19.54% 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 Golden Agri-Resources and its competitors. This is 76% above median its historical median of 11.08. Over the past decade, Golden Agri-Resources' ROC (Joel Greenblatt) % has ranged from 6.65 to 28.33. According to the industry distribution chart, Golden Agri-Resources ranks #804 out of 1981 companies in the Consumer Packaged Goods industry, placing it in the top 40.6%.
Is Golden Agri-Resources' ROC (Joel Greenblatt) % too high?
Golden Agri-Resources' current ROC (Joel Greenblatt) % of 19.54% is 76% above median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 28.33. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Golden Agri-Resources' value of 19.54% is 63% above this industry median. Based on the distribution chart, Golden Agri-Resources ranks #804 out of 1981 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Golden Agri-Resources has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Agri-Resources' ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Golden Agri-Resources ranks #804 out of 1981 companies for ROC (Joel Greenblatt) %. This puts Golden Agri-Resources in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Golden Agri-Resources' value of 19.54% is 63% above this benchmark. Historically, Golden Agri-Resources' own ROC (Joel Greenblatt) % has ranged from 6.65 to 28.33 over the past decade. While the company's 10-year median is 11.08 vs. the industry median of 11.99, Golden Agri-Resources 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 1,981 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. Golden Agri-Resources's current ROC (Joel Greenblatt) % of 19.54% is 63% 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 Golden Agri-Resources 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. Golden Agri-Resources's current ROC (Joel Greenblatt) % is 19.54%, which is 76% above median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Agri-Resources stock overvalued right now?
Based on GuruFocus' analysis, Golden Agri-Resources (GARPY) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.78, compared to a current price of $22.09 — trading 11.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.54%, which is 76% above median its 10-year median of 11.08 and 63% above the Consumer Packaged Goods industry median of 11.99. Golden Agri-Resources' overall GF Score™ is 76/100 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 Golden Agri-Resources (GARPY), the current ROC (Joel Greenblatt) % is 19.54% 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 Golden Agri-Resources (GARPY) Overvalued in 2026?
Based on GuruFocus' analysis, Golden Agri-Resources stock appears to be overvalued.
The current stock price of $22.09 is trading 11.7% above its estimated GF Value™ of $19.78.
GuruFocus considers Golden Agri-Resources to be Modestly Overvalued.
Key valuation signals for GARPY:
ROC (Joel Greenblatt) %: 19.54% (76% above median its 10-year median of 11.08)
GF Value™: $19.78 vs. price of $22.09 (11.7% above fair value)
Industry Position: 63% above the Consumer Packaged Goods median (#804 of 1981)
No single metric tells the full story. See the GARPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golden Agri-Resources Ltd is an integrated palm oil plantation in Indonesia with estates spanning from east to west across the archipelago. The company markets its products in bulk, industrial and branded form, domestically as well as in international markets. In addition to its main palm-based products, it processes and markets soybean and sunflower oil-based products, especially in China and India, as well as operate sugar trading business. It operates in two segments namely Plantations and palm oil mills - comprises the products from upstream business; Palm, laurics and others - refers to the processing and merchandising of palm and oilseed-based products comprising bulk and branded products, oleochemicals, sugar and other vegetable oils.
76GF Score
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