Modern Plant Based FoodsMDRNF ROC (Joel Greenblatt) % is -4,533.33% as of Feb. 2026. The stock has 4 warning signs investors should review. Among 1,971 Consumer Packaged Goods companies, Modern Plant Based Foods ranks worse than 99.39% 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. Modern Plant Based Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -4,533.33%.
The historical rank and industry rank for Modern Plant Based Foods's ROC (Joel Greenblatt) % or its related term are showing as below:
MDRNF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14222.22 Med: -2929.17 Max: -132.75
Current: -7975
During the past 13 years, Modern Plant Based Foods's highest ROC (Joel Greenblatt) % was -132.75%. The lowest was -14222.22%. And the median was -2929.17%.
MDRNF's ROC (Joel Greenblatt) % is ranked worse than 99.39% of 1971
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs MDRNF: -7975.00
Modern Plant Based Foods's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -39.50% per year.
Modern Plant Based Foods (OTCPK:MDRNF) 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.
Modern Plant Based Foods ROC (Joel Greenblatt) % Related Terms
Modern Plant Based Foods ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Modern Plant Based Foods'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.
Modern Plant Based Foods ROC (Joel Greenblatt) % Chart
MDRNF vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods's ROC (Joel Greenblatt) % falls into.
Modern Plant Based Foods 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 (Feb. 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 -4,533.33% mean?
Modern Plant Based Foods (MDRNF) has a ROC (Joel Greenblatt) % of -4,533.33% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Modern Plant Based Foods and its competitors. According to the industry distribution chart, Modern Plant Based Foods ranks #1959 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 99.4%.
Is Modern Plant Based Foods' ROC (Joel Greenblatt) % too high?
Modern Plant Based Foods' current ROC (Joel Greenblatt) % is -4,533.33%. Based on the distribution chart, Modern Plant Based Foods ranks #1959 out of 1971 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Modern Plant Based Foods' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #1959 out of 1971 companies for ROC (Joel Greenblatt) %. This places Modern Plant Based Foods in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. 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 1,971 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. 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 Modern Plant Based Foods 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. Modern Plant Based Foods's current ROC (Joel Greenblatt) % is -4,533.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.11, compared to a current price of $0.05 — trading 52.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -4,533.33%. 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 Modern Plant Based Foods (MDRNF), the current ROC (Joel Greenblatt) % is -4,533.33% as of Feb. 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.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
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