Darling IngredientsMEX:DAR 47 ROC (Joel Greenblatt) % is 25.53% as of Mar. 2026, which is 57% above its 10-year median of 16.26. GuruFocus rates MEX:DAR with a GF Score™ of 47/100 and a GF Value™ of MXN732.78 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, Darling Ingredients ranks better than 54.8% 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. Darling Ingredients's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.53%.
The historical rank and industry rank for Darling Ingredients's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:DAR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.05 Med: 16.26 Max: 38.18
Current: 13.55
During the past 13 years, Darling Ingredients's highest ROC (Joel Greenblatt) % was 38.18%. The lowest was 8.05%. And the median was 16.26%.
MEX:DAR's ROC (Joel Greenblatt) % is ranked better than 54.8% of 1969
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs MEX:DAR: 13.55
Darling Ingredients's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.60% per year.
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.
Darling Ingredients ROC (Joel Greenblatt) % Related Terms
Darling Ingredients ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Darling Ingredients'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.
MEX:DAR vs PPC, CPB, SFD: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Darling Ingredients'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.
Darling Ingredients ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Darling Ingredients's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Darling Ingredients's ROC (Joel Greenblatt) % falls into.
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 25.53% mean?
Darling Ingredients (MEX:DAR) has a ROC (Joel Greenblatt) % of 25.53% 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 Darling Ingredients and its competitors. This is 57% above median its historical median of 16.26. Over the past decade, Darling Ingredients' ROC (Joel Greenblatt) % has ranged from 8.05 to 38.18. According to the industry distribution chart, Darling Ingredients ranks #890 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 45.2%.
Is Darling Ingredients' ROC (Joel Greenblatt) % too high?
Darling Ingredients' current ROC (Joel Greenblatt) % of 25.53% is 57% above median its 10-year median of 16.26. Over the past 10 years, this metric has ranged from a low of 8.05 to a high of 38.18. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Darling Ingredients' value of 25.53% is 112.9% above this industry median. Based on the distribution chart, Darling Ingredients ranks #890 out of 1969 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Darling Ingredients has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Darling Ingredients' ROC (Joel Greenblatt) % compare to PPC and CPB?
According to the Consumer Packaged Goods industry distribution chart, Darling Ingredients ranks #890 out of 1969 companies for ROC (Joel Greenblatt) %. This puts Darling Ingredients in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Darling Ingredients' value of 25.53% is 112.9% above this benchmark. Historically, Darling Ingredients' own ROC (Joel Greenblatt) % has ranged from 8.05 to 38.18 over the past decade. While the company's 10-year median is 16.26 vs. the industry median of 11.99, Darling Ingredients 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 1,969 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. Darling Ingredients's current ROC (Joel Greenblatt) % of 25.53% is 112.9% 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 Darling Ingredients 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. Darling Ingredients's current ROC (Joel Greenblatt) % is 25.53%, which is 57% above median its own 10-year median of 16.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darling Ingredients stock overvalued right now?
Based on GuruFocus' analysis, Darling Ingredients (MEX:DAR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN732.78, compared to a current price of MXN1,081.40 — trading 47.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.53%, which is 57% above median its 10-year median of 16.26 and 112.9% above the Consumer Packaged Goods industry median of 11.99. Darling Ingredients' overall GF Score™ is 47/100 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 Darling Ingredients (MEX:DAR), the current ROC (Joel Greenblatt) % is 25.53% 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 Darling Ingredients (MEX:DAR) Overvalued in 2026?
Based on GuruFocus' analysis, Darling Ingredients stock appears to be overvalued.
The current stock price of MXN1,081.40 is trading 47.6% above its estimated GF Value™ of MXN732.78.
GuruFocus considers Darling Ingredients to be Significantly Overvalued.
Key valuation signals for MEX:DAR:
ROC (Joel Greenblatt) %: 25.53% (57% above median its 10-year median of 16.26)
GF Value™: MXN732.78 vs. price of MXN1,081.40 (47.6% above fair value)
Industry Position: 112.9% above the Consumer Packaged Goods median (#890 of 1969)
No single metric tells the full story. See the MEX:DAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Darling Ingredients Inc develops and produces sustainable natural ingredients from edible and inedible bio-nutrients for the pharmaceutical, food, pet food, animal feed, industrial, fuel, bioenergy, and fertilizer industries. The Company collects and processes animal by-products and recycled oils into ingredients. It operates through three reportable segments: Feed Ingredients, which generates maximum revenue and includes the collection and processing of animal by-products, used cooking oil, bakery residuals, pet food ingredients, hides, and fertilizers; Food Ingredients, which includes collagen, natural casings, and food-grade fats; and Fuel Ingredients, which includes renewable fuels, biogas, and energy products. The Company derives the majority of its revenue from North America.
47GF Score
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