ICL (ICL Group) ROC (Joel Greenblatt) %: 17.06% (As of Jun. 2026) — 43% Above Median

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ICL ICL Group Ltd ICL
75 GF Score
Price $5.77
GF Value $6.26
Valuation Fairly Valued
! 4 Warning Signs
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What is ICL Group ROC (Joel Greenblatt) %?

ICL Group ICL +0.87% 75 ROC (Joel Greenblatt) % is 17.06% as of Jun. 2026, which is 43% above its 10-year median of 11.94. GuruFocus rates ICL with a GF Score™ of 75/100 and a GF Value™ of $6.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 258 Agriculture companies, ICL Group ranks worse than 56.2% 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. ICL Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 17.06%.

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

ICL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.22   Med: 11.94   Max: 48.93
Current: 8.97

During the past 13 years, ICL Group's highest ROC (Joel Greenblatt) % was 48.93%. The lowest was 0.22%. And the median was 11.94%.

ICL's ROC (Joel Greenblatt) % is ranked worse than
56.2% of 258 companies
in the Agriculture industry
Industry Median: 10.625 vs ICL: 8.97

ICL Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.90% per year.


ICL Group  (NYSE:ICL) 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.


ICL Group ROC (Joel Greenblatt) % Related Terms


ICL Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for ICL Group'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.

ICL Group ROC (Joel Greenblatt) % Chart

ICL Group 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 18.37 48.93 14.74 10.31 7.65

ICL Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 13.84 11.78 -5.96 12.53 17.06

ICL vs CTVA, CF, MOS: ROC (Joel Greenblatt) % Comparison

For the Agricultural Inputs subindustry, ICL Group'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.


ICL Group ROC (Joel Greenblatt) % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, ICL Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ICL
75GF Score
ICL Group Ltd ICL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICL Group 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1649 + 1865 + 0) - (2243 + 0 + 66)
=1205

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1640 + 1833 + 0) - (2125 + 0 + 67)
=1281

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1424/( ( (7076 + max(1205, 0)) + (7128 + max(1281, 0)) )/ 2 )
=1424/( ( 8281 + 8409 )/ 2 )
=1424/8345
=17.06 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 17.06% mean?
ICL Group (ICL) has a ROC (Joel Greenblatt) % of 17.06% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on ICL Group and its competitors. This is 43% above median its historical median of 11.94. Over the past decade, ICL Group's ROC (Joel Greenblatt) % has ranged from 0.22 to 48.93. According to the industry distribution chart, ICL Group ranks #145 out of 258 companies in the Agriculture industry, placing it in the top 56.2%.
Is ICL Group's ROC (Joel Greenblatt) % too high?
ICL Group's current ROC (Joel Greenblatt) % of 17.06% is 43% above median its 10-year median of 11.94. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 48.93. The Agriculture industry median ROC (Joel Greenblatt) % is 10.63. ICL Group's value of 17.06% is 60.6% above this industry median. Based on the distribution chart, ICL Group ranks #145 out of 258 companies in the Agriculture industry, which is below the industry midpoint. Overall, ICL Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ICL Group's ROC (Joel Greenblatt) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, ICL Group ranks #145 out of 258 companies for ROC (Joel Greenblatt) %. This places ICL Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.63. ICL Group's value of 17.06% is 60.6% above this benchmark. Historically, ICL Group's own ROC (Joel Greenblatt) % has ranged from 0.22 to 48.93 over the past decade. While the company's 10-year median is 11.94 vs. the industry median of 10.63, ICL Group 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 an Agriculture company?
The median ROC (Joel Greenblatt) % among Agriculture companies is 10.63, based on 258 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. ICL Group's current ROC (Joel Greenblatt) % of 17.06% is 60.6% 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 ICL Group and its competitors. For the Agriculture industry, the median ROC (Joel Greenblatt) % is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICL Group's current ROC (Joel Greenblatt) % is 17.06%, which is 43% above median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICL Group stock overvalued right now?
Based on GuruFocus' analysis, ICL Group (ICL) is currently considered Fairly Valued. The stock's GF Value™ is $6.26, compared to a current price of $5.77 — trading 7.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.06%, which is 43% above median its 10-year median of 11.94 and 60.6% above the Agriculture industry median of 10.63. ICL Group's overall GF Score™ is 75/100 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 ICL Group (ICL), the current ROC (Joel Greenblatt) % is 17.06% as of Jun. 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 ICL Group (ICL) Overvalued in 2026?

Based on GuruFocus' analysis, ICL Group stock appears to be undervalued. The current stock price of $5.77 is trading 7.8% below its estimated GF Value™ of $6.26. GuruFocus considers ICL Group to be Fairly Valued.

Key valuation signals for ICL:

  • ROC (Joel Greenblatt) %: 17.06% (43% above median its 10-year median of 11.94)
  • GF Value™: $6.26 vs. price of $5.77 (7.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 60.6% above the Agriculture median (#145 of 258)

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


ICL Group Business Description

Other Exchanges ICL:Israel
Address 23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. Maximum revenue is generated from its phosphate solutions segment which uses phosphate commodity products, such as phosphate rock and fertilizer-grade phosphoric acid (green phosphoric acid), to produce specialty products. This segment also produces and markets phosphate-based fertilizers. Geographically, the company generates revenue from Brazil, the United States of America, China, United Kingdom, Germany, Spain, Israel, France, India, Netherlands, and other countries.
75GF Score

Get the complete analysis for ICL

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

$5.77
Price
$6.26
GF Value