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Philip Morris CR ASLTS:0MV4 77 ROC (Joel Greenblatt) % is 139.61% as of Dec. 2025, which is 7% above its 10-year median of 130.16. GuruFocus rates LTS:0MV4 with a GF Score™ of 77/100 and a GF Value™ of Kč16,476.36. The stock has 10 warning signs investors should review. Among 47 Tobacco Products companies, Philip Morris CR AS ranks better than 72.34% 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. Philip Morris CR AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 139.61%.
The historical rank and industry rank for Philip Morris CR AS's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0MV4'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 86.68 Med: 130.16 Max: 150.35
Current: 143.03
During the past 13 years, Philip Morris CR AS's highest ROC (Joel Greenblatt) % was 150.35%. The lowest was 86.68%. And the median was 130.16%.
LTS:0MV4's ROC (Joel Greenblatt) % is ranked better than 72.34% of 47
companies
in the Tobacco Products industry
Industry Median: 39.68
vs LTS:0MV4: 143.03
Philip Morris CR AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.40% per year.
Philip Morris CR AS (LTS:0MV4) 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.
Philip Morris CR AS ROC (Joel Greenblatt) % Related Terms
Philip Morris CR AS ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Philip Morris CR AS'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.
LTS:0MV4 vs PM, MO, TPB: ROC (Joel Greenblatt) % Comparison
For the Tobacco subindustry, Philip Morris CR AS'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.
Philip Morris CR AS ROC (Joel Greenblatt) % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris CR AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Philip Morris CR AS's ROC (Joel Greenblatt) % falls into.
Philip Morris CR AS 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 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 139.61% mean?
Philip Morris CR AS (LTS:0MV4) has a ROC (Joel Greenblatt) % of 139.61% 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 Philip Morris CR AS and its competitors. This is near median its historical median of 130.16. Over the past decade, Philip Morris CR AS's ROC (Joel Greenblatt) % has ranged from 86.68 to 150.35. According to the industry distribution chart, Philip Morris CR AS ranks #13 out of 47 companies in the Tobacco Products industry, placing it in the top 27.7%.
Is Philip Morris CR AS's ROC (Joel Greenblatt) % too high?
Philip Morris CR AS's current ROC (Joel Greenblatt) % of 139.61% is near median its 10-year median of 130.16. Over the past 10 years, this metric has ranged from a low of 86.68 to a high of 150.35. The Tobacco Products industry median ROC (Joel Greenblatt) % is 39.68. Philip Morris CR AS's value of 139.61% is 251.8% above this industry median. Based on the distribution chart, Philip Morris CR AS ranks #13 out of 47 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Philip Morris CR AS has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Philip Morris CR AS's ROC (Joel Greenblatt) % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Philip Morris CR AS ranks #13 out of 47 companies for ROC (Joel Greenblatt) %. This puts Philip Morris CR AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 39.68. Philip Morris CR AS's value of 139.61% is 251.8% above this benchmark. Historically, Philip Morris CR AS's own ROC (Joel Greenblatt) % has ranged from 86.68 to 150.35 over the past decade. While the company's 10-year median is 130.16 vs. the industry median of 39.68, Philip Morris CR AS 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 Tobacco Products company?
The median ROC (Joel Greenblatt) % among Tobacco Products companies is 39.68, based on 47 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. Philip Morris CR AS's current ROC (Joel Greenblatt) % of 139.61% is 251.8% 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 Philip Morris CR AS and its competitors. For the Tobacco Products industry, the median ROC (Joel Greenblatt) % is 39.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris CR AS's current ROC (Joel Greenblatt) % is 139.61%, which is near median its own 10-year median of 130.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris CR AS stock overvalued right now?
Philip Morris CR AS (LTS:0MV4) has a current ROC (Joel Greenblatt) % of 139.61%. The stock's GF Value™ is Kč16,476.36, compared to a current price of Kč17,580.00 — trading 6.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 139.61%, which is near median its 10-year median of 130.16 and 251.8% above the Tobacco Products industry median of 39.68. Philip Morris CR AS's overall GF Score™ is 77/100 with 10 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 Philip Morris CR AS (LTS:0MV4), the current ROC (Joel Greenblatt) % is 139.61% 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.
Is Philip Morris CR AS (LTS:0MV4) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris CR AS stock appears to be overvalued.
The current stock price of Kč17,580.00 is trading 6.7% above its estimated GF Value™ of Kč16,476.36.
Key valuation signals for LTS:0MV4:
ROC (Joel Greenblatt) %: 139.61% (near median its 10-year median of 130.16)
GF Value™: Kč16,476.36 vs. price of Kč17,580.00 (6.7% above fair value)
Industry Position: 251.8% above the Tobacco Products median (#13 of 47)
No single metric tells the full story. See the LTS:0MV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philip Morris CR AS is a Czech Republic-based company active in the tobacco industry. The company is engaged in the production, sale, distribution, and marketing of tobacco products. The company also distributes smoke-free tobacco products under the HEETS name; and IQOS tobacco heating systems and related accessories, as well as cigarettes. The company provides its tobacco products under the Marlboro, L&M, Philip Morris, Petra Klasik, Sparta, and Chesterfield brands.
77GF Score
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