Century Paper & Board MillsKAR:CEPB -0.55%61 ROC (Joel Greenblatt) % is 3.90% as of Mar. 2026, which is 68% below its 10-year median of 12.02. GuruFocus rates KAR:CEPB with a GF Score™ of 61/100 and a GF Value™ of ₨26.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 286 Forest Products companies, Century Paper & Board Mills ranks worse than 51.4% 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. Century Paper & Board Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.90%.
The historical rank and industry rank for Century Paper & Board Mills's ROC (Joel Greenblatt) % or its related term are showing as below:
KAR:CEPB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.59 Med: 12.02 Max: 29.28
Current: 4.38
During the past 13 years, Century Paper & Board Mills's highest ROC (Joel Greenblatt) % was 29.28%. The lowest was 3.59%. And the median was 12.02%.
KAR:CEPB's ROC (Joel Greenblatt) % is ranked worse than 51.4% of 286
companies
in the Forest Products industry
Industry Median: 4.585
vs KAR:CEPB: 4.38
Century Paper & Board Mills (KAR:CEPB) 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.
* 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.
Century Paper & Board Mills ROC (Joel Greenblatt) % Chart
KAR:CEPB vs SLVM: ROC (Joel Greenblatt) % Comparison
For the Paper & Paper Products subindustry, Century Paper & Board Mills'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.
Century Paper & Board Mills ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Century Paper & Board Mills's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Century Paper & Board Mills's ROC (Joel Greenblatt) % falls into.
Century Paper & Board Mills 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 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 3.90% mean?
Century Paper & Board Mills (KAR:CEPB) has a ROC (Joel Greenblatt) % of 3.90% 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 Century Paper & Board Mills and its competitors. This is 68% below median its historical median of 12.02. Over the past decade, Century Paper & Board Mills' ROC (Joel Greenblatt) % has ranged from 3.59 to 29.28. According to the industry distribution chart, Century Paper & Board Mills ranks #147 out of 286 companies in the Forest Products industry, placing it in the top 51.4%.
Is Century Paper & Board Mills' ROC (Joel Greenblatt) % too high?
Century Paper & Board Mills' current ROC (Joel Greenblatt) % of 3.90% is 68% below median its 10-year median of 12.02. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 29.28. The Forest Products industry median ROC (Joel Greenblatt) % is 4.59. Century Paper & Board Mills' value of 3.90% is 14.9% below this industry median. Based on the distribution chart, Century Paper & Board Mills ranks #147 out of 286 companies in the Forest Products industry, which is below the industry midpoint. Overall, Century Paper & Board Mills has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Century Paper & Board Mills' ROC (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, Century Paper & Board Mills ranks #147 out of 286 companies for ROC (Joel Greenblatt) %. This places Century Paper & Board Mills in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.59. Century Paper & Board Mills' value of 3.90% is 14.9% below this benchmark. Historically, Century Paper & Board Mills' own ROC (Joel Greenblatt) % has ranged from 3.59 to 29.28 over the past decade. While the company's 10-year median is 12.02 vs. the industry median of 4.59, Century Paper & Board Mills has consistently been below 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.59, based on 286 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. Century Paper & Board Mills's current ROC (Joel Greenblatt) % of 3.90% is 14.9% below 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 Century Paper & Board Mills and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Century Paper & Board Mills's current ROC (Joel Greenblatt) % is 3.90%, which is 68% below median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Paper & Board Mills stock overvalued right now?
Based on GuruFocus' analysis, Century Paper & Board Mills (KAR:CEPB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨26.84, compared to a current price of ₨31.00 — trading 15.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.90%, which is 68% below median its 10-year median of 12.02 and 14.9% below the Forest Products industry median of 4.59. Century Paper & Board Mills' overall GF Score™ is 61/100 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 Century Paper & Board Mills (KAR:CEPB), the current ROC (Joel Greenblatt) % is 3.90% 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 Century Paper & Board Mills (KAR:CEPB) Overvalued in 2026?
Based on GuruFocus' analysis, Century Paper & Board Mills stock appears to be overvalued.
The current stock price of ₨31.00 is trading 15.5% above its estimated GF Value™ of ₨26.84.
GuruFocus considers Century Paper & Board Mills to be Modestly Overvalued.
Key valuation signals for KAR:CEPB:
ROC (Joel Greenblatt) %: 3.90% (68% below median its 10-year median of 12.02)
GF Value™: ₨26.84 vs. price of ₨31.00 (15.5% above fair value)
Industry Position: 14.9% below the Forest Products median (#147 of 286)
No single metric tells the full story. See the KAR:CEPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Century Paper & Board Mills Ltd is a Pakistan-based company engaged in the manufacturing and marketing of paper, board, and related products. Its product portfolio consists of Coated Brand, Uncoated Brand, MF Paper, MG Paper, Corrugated Boxes, and others.
61GF Score
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