IFBH (IFBHF) ROC (Joel Greenblatt) %: 1,162.50% (As of Dec. 2025) — 74% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IFBHF IFBH Ltd IFBHF
20 GF Score
Price $0.55
! 1 Warning Sign
View Full Analysis

What is IFBH ROC (Joel Greenblatt) %?

IFBH IFBHF 20 ROC (Joel Greenblatt) % is 1,162.50% as of Dec. 2025, which is 74% below its 10-year median of 4,528.25. GuruFocus rates IFBHF with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 117 Beverages - Non-Alcoholic companies, IFBH ranks better than 98.29% 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. IFBH's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,162.50%.

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

IFBHF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1760.9   Med: 4528.25   Max: 6313.36
Current: 2035.4

During the past 3 years, IFBH's highest ROC (Joel Greenblatt) % was 6313.36%. The lowest was 1760.90%. And the median was 4528.25%.

IFBHF's ROC (Joel Greenblatt) % is ranked better than
98.29% of 117 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.92 vs IFBHF: 2035.40

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


IFBH  (OTCPK:IFBHF) 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.


IFBH ROC (Joel Greenblatt) % Related Terms


IFBH ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for IFBH'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.

IFBH ROC (Joel Greenblatt) % Chart

IFBH Annual Data
Trend Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
4,528.03 6,323.82 1,760.48

IFBH Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % 0.00 8,508.07 5,138.69 4,140.88 1,162.50

IFBHF vs KO, PEP, MNST: ROC (Joel Greenblatt) % Comparison

For the Beverages - Non-Alcoholic subindustry, IFBH'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.


IFBH ROC (Joel Greenblatt) % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, IFBH's ROC (Joel Greenblatt) % distribution charts can be found below:

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


IFBHF
20GF Score
IFBH Ltd IFBHF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IFBH 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.74 + 0.296 + 3.469) - (34.123 + 0 + 0.296)
=-9.914

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.235 + 0 + 3.077) - (21.657 + 0 + 5.375)
=-4.72

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of IFBH for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19.78/( ( (0.981 + max(-9.914, 0)) + (2.422 + max(-4.72, 0)) )/ 2 )
=19.78/( ( 0.981 + 2.422 )/ 2 )
=19.78/1.7015
=1,162.50 %

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 1,162.50% mean?
IFBH (IFBHF) has a ROC (Joel Greenblatt) % of 1,162.50% 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 IFBH and its competitors. This is 74% below median its historical median of 4,528.25. Over the past decade, IFBH's ROC (Joel Greenblatt) % has ranged from 1,760.90 to 6,313.36. According to the industry distribution chart, IFBH ranks #2 out of 117 companies in the Beverages - Non-Alcoholic industry, placing it in the top 1.7%.
Is IFBH's ROC (Joel Greenblatt) % too high?
IFBH's current ROC (Joel Greenblatt) % of 1,162.50% is 74% below median its 10-year median of 4,528.25. Over the past 10 years, this metric has ranged from a low of 1,760.90 to a high of 6,313.36. The Beverages - Non-Alcoholic industry median ROC (Joel Greenblatt) % is 20.92. IFBH's value of 1,162.50% is 5456.9% above this industry median. Based on the distribution chart, IFBH ranks #2 out of 117 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, IFBH has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IFBH's ROC (Joel Greenblatt) % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, IFBH ranks #2 out of 117 companies for ROC (Joel Greenblatt) %. This places IFBH in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.92. IFBH's value of 1,162.50% is 5456.9% above this benchmark. Historically, IFBH's own ROC (Joel Greenblatt) % has ranged from 1,760.90 to 6,313.36 over the past decade. While the company's 10-year median is 4,528.25 vs. the industry median of 20.92, IFBH 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 Beverages - Non-Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Non-Alcoholic companies is 20.92, based on 117 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. IFBH's current ROC (Joel Greenblatt) % of 1,162.50% is 5456.9% 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 IFBH and its competitors. For the Beverages - Non-Alcoholic industry, the median ROC (Joel Greenblatt) % is 20.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFBH's current ROC (Joel Greenblatt) % is 1,162.50%, which is 74% below median its own 10-year median of 4,528.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFBH stock overvalued right now?
IFBH (IFBHF) has a current ROC (Joel Greenblatt) % of 1,162.50%. The current ROC (Joel Greenblatt) % is 1,162.50%, which is 74% below median its 10-year median of 4,528.25 and 5456.9% above the Beverages - Non-Alcoholic industry median of 20.92. IFBH's overall GF Score™ is 20/100 with 1 warning sign 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 IFBH (IFBHF), the current ROC (Joel Greenblatt) % is 1,162.50% 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.

IFBH Business Description

Other Exchanges 06603:Hong Kong
Address No.03-01, 6 Battery Road, Singapore, SGP, 049909
IFBH Ltd is a ready-to-consume beverage and food company rooted in Thailand. Its if brand is a leader in introducing ready-to-drink (RTD) natural coconut water to mainland China. Its products category include JUICE DRINK, NON-BEVERAGES, PLANT-BASED, and ORGANIC. The company generates majority of its revenue from coconut water sales. Geographically, mainland China is the majority revenue generator.
20GF Score

Get the complete analysis for IFBHF

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

$0.55
Price