JBS (JBS NV) ROC (Joel Greenblatt) %: 17.13% (As of Mar. 2026) — 31% Below Median

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JBS JBS NV JBS
84 GF Score
Price $12.10
GF Value $17.98
Valuation Significantly Undervalued
! 6 Warning Signs
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What is JBS NV ROC (Joel Greenblatt) %?

JBS NV JBS +2.28% 84 ROC (Joel Greenblatt) % is 17.13% as of Mar. 2026, which is 31% below its 10-year median of 24.94. GuruFocus rates JBS with a GF Score™ of 84/100 and a GF Value™ of $17.98 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, JBS NV ranks better than 72.12% 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. JBS NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.13%.

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

JBS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.2   Med: 24.94   Max: 50.06
Current: 22.5

During the past 13 years, JBS NV's highest ROC (Joel Greenblatt) % was 50.06%. The lowest was 7.20%. And the median was 24.94%.

JBS's ROC (Joel Greenblatt) % is ranked better than
72.12% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs JBS: 22.50

JBS NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.80% per year.


JBS NV  (NYSE:JBS) 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.


JBS NV ROC (Joel Greenblatt) % Related Terms


JBS NV ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for JBS NV'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.

JBS NV ROC (Joel Greenblatt) % Chart

JBS NV 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 50.06 33.36 9.12 28.58 27.11

JBS NV 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 29.69 26.93 28.26 17.19 17.13

JBS vs MKC, SJM, HRL: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, JBS NV'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.


JBS NV ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

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

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


JBS
84GF Score
JBS NV JBS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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JBS NV 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)
=(4231.924 + 7933.931 + 748.536) - (9333.707 + 0 + 1020.131)
=2560.553

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3877.391 + 8635.752 + 811.399) - (9295.462 + 0 + 1219.583)
=2809.497

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of JBS NV 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 )
=3112.944/( ( (15259.305 + max(2560.553, 0)) + (15720.744 + max(2809.497, 0)) )/ 2 )
=3112.944/( ( 17819.858 + 18530.241 )/ 2 )
=3112.944/18175.0495
=17.13 %

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 17.13% mean?
JBS NV (JBS) has a ROC (Joel Greenblatt) % of 17.13% 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 JBS NV and its competitors. This is 31% below median its historical median of 24.94. Over the past decade, JBS NV's ROC (Joel Greenblatt) % has ranged from 7.20 to 50.06. According to the industry distribution chart, JBS NV ranks #552 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 27.9%.
Is JBS NV's ROC (Joel Greenblatt) % too high?
JBS NV's current ROC (Joel Greenblatt) % of 17.13% is 31% below median its 10-year median of 24.94. Over the past 10 years, this metric has ranged from a low of 7.20 to a high of 50.06. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. JBS NV's value of 17.13% is 42.9% above this industry median. Based on the distribution chart, JBS NV ranks #552 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, JBS NV has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JBS NV's ROC (Joel Greenblatt) % compare to MKC and SJM?
According to the Consumer Packaged Goods industry distribution chart, JBS NV ranks #552 out of 1980 companies for ROC (Joel Greenblatt) %. This puts JBS NV in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. JBS NV's value of 17.13% is 42.9% above this benchmark. Historically, JBS NV's own ROC (Joel Greenblatt) % has ranged from 7.20 to 50.06 over the past decade. While the company's 10-year median is 24.94 vs. the industry median of 11.99, JBS NV 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 1,980 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. JBS NV's current ROC (Joel Greenblatt) % of 17.13% is 42.9% 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 JBS NV 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. JBS NV's current ROC (Joel Greenblatt) % is 17.13%, which is 31% below median its own 10-year median of 24.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBS NV stock overvalued right now?
Based on GuruFocus' analysis, JBS NV (JBS) is currently considered Significantly Undervalued. The stock's GF Value™ is $17.98, compared to a current price of $12.10 — trading 32.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.13%, which is 31% below median its 10-year median of 24.94 and 42.9% above the Consumer Packaged Goods industry median of 11.99. JBS NV's overall GF Score™ is 84/100 with 6 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 JBS NV (JBS), the current ROC (Joel Greenblatt) % is 17.13% 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 JBS NV (JBS) Overvalued in 2026?

Based on GuruFocus' analysis, JBS NV stock appears to be undervalued. The current stock price of $12.10 is trading 32.7% below its estimated GF Value™ of $17.98. GuruFocus considers JBS NV to be Significantly Undervalued.

Key valuation signals for JBS:

  • ROC (Joel Greenblatt) %: 17.13% (31% below median its 10-year median of 24.94)
  • GF Value™: $17.98 vs. price of $12.10 (32.7% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 42.9% above the Consumer Packaged Goods median (#552 of 1980)

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


JBS NV Business Description

Address Stroombaan 16, 5th Floor, Amstelveen, NH, NLD, 05118-100
JBS NV is a protein food company, selling protein products, which include fresh and frozen cuts of beef, pork, lamb, fish, whole chickens, and chicken parts, to retailers, and foodservice companies. The food products are marketed under different brands such as Swift, Just Bare, Pilgrim's Pride, Sunnyvalley, Reserva Friboi, Great Southern, etc., globally. The company's reportable segments are Beef North America, which generates maximum revenue, Brazil, Seara, Pork USA, Pilgrim's Pride, Australia, and Others. Geographically, it derives majority of its revenue from United States of America.
84GF Score

Get the complete analysis for JBS

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

$12.10
Price
$17.98
GF Value