HMBAF (Humble Group AB) ROC (Joel Greenblatt) %: 20.39% (As of Mar. 2026)


HMBAF Humble Group AB HMBAF
71 GF Score
Price $0.71
GF Value $0.92
! 4 Warning Signs
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What is Humble Group AB ROC (Joel Greenblatt) %?

Humble Group AB HMBAF 71 ROC (Joel Greenblatt) % is 20.39% as of Mar. 2026. GuruFocus rates HMBAF with a GF Score™ of 71/100 and a GF Value™ of $0.92. The stock has 4 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, Humble Group AB ranks better than 64.91% 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. Humble Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.39%.

The historical rank and industry rank for Humble Group AB's ROC (Joel Greenblatt) % or its related term are showing as below:

HMBAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2864.51   Med: -206.09   Max: 33.55
Current: 17.96

During the past 13 years, Humble Group AB's highest ROC (Joel Greenblatt) % was 33.55%. The lowest was -2864.51%. And the median was -206.09%.

HMBAF's ROC (Joel Greenblatt) % is ranked better than
64.91% of 1969 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs HMBAF: 17.96

Humble Group AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Humble Group AB  (OTCPK:HMBAF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Humble Group AB ROC (Joel Greenblatt) % Related Terms


Humble Group AB ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Humble Group AB'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.

Humble Group AB ROC (Joel Greenblatt) % Chart

Humble Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.14 23.68 23.11 32.79 16.74

Humble Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.18 21.86 8.25 20.94 20.39

HMBAF vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Humble Group AB'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.


Humble Group AB ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Humble Group AB's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Humble Group AB's ROC (Joel Greenblatt) % falls into.


HMBAF
71GF Score
Humble Group AB HMBAF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Humble Group AB 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.934 + 115.349 + 13.989) - (80.486 + 0 + 39.168)
=69.618

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.104 + 120.53 + -0.215) - (86.507 + 0 + 41.643)
=52.269

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Humble Group AB for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=31.768/( ( (93.076 + max(69.618, 0)) + (96.596 + max(52.269, 0)) )/ 2 )
=31.768/( ( 162.694 + 148.865 )/ 2 )
=31.768/155.7795
=20.39 %

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 20.39% mean?
Humble Group AB (HMBAF) has a ROC (Joel Greenblatt) % of 20.39% 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 Humble Group AB and its competitors. According to the industry distribution chart, Humble Group AB ranks #691 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 35.1%.
Is Humble Group AB's ROC (Joel Greenblatt) % too high?
Humble Group AB's current ROC (Joel Greenblatt) % is 20.39%. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Humble Group AB's value of 20.39% is 70.1% above this industry median. Based on the distribution chart, Humble Group AB ranks #691 out of 1969 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Humble Group AB has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Humble Group AB's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Humble Group AB ranks #691 out of 1969 companies for ROC (Joel Greenblatt) %. This puts Humble Group AB in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Humble Group AB's value of 20.39% is 70.1% above 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,969 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. Humble Group AB's current ROC (Joel Greenblatt) % of 20.39% is 70.1% 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 Humble Group AB 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. Humble Group AB's current ROC (Joel Greenblatt) % is 20.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Humble Group AB stock overvalued right now?
Humble Group AB (HMBAF) has a current ROC (Joel Greenblatt) % of 20.39%. The stock's GF Value™ is $0.92, compared to a current price of $0.71 — trading 22.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.39% and 70.1% above the Consumer Packaged Goods industry median of 11.99. Humble Group AB's overall GF Score™ is 71/100 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 Humble Group AB (HMBAF), the current ROC (Joel Greenblatt) % is 20.39% 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 Humble Group AB (HMBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Humble Group AB stock appears to be undervalued. The current stock price of $0.71 is trading 22.3% below its estimated GF Value™ of $0.92.

Key valuation signals for HMBAF:

  • ROC (Joel Greenblatt) %: 20.39%
  • GF Value™: $0.92 vs. price of $0.71 (22.3% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 70.1% above the Consumer Packaged Goods median (#691 of 1969)

No single metric tells the full story. See the HMBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Humble Group AB Business Description

Other Exchanges HUMBLE:Sweden
Address Ingmar Bergmans gata 2, Stockholm, SWE, 114 34
Humble Group AB operates as a fast-moving consumer goods (FMCG) group, developing, manufacturing, and distributing a range of consumer products. It oversees a portfolio of brands supported by a distribution network and production facilities. The company is structured into four business segments: Future Snacking, Sustainable Care, Quality Nutrition, and Nordic Distribution. The majority of revenue is derived from the Nordic Distribution segment, which comprises wholesale and distribution operations across the Nordic region.
71GF Score

Get the complete analysis for HMBAF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.71
Price
$0.92
GF Value