MGIH (Millennium Group International Holdings) ROC (Joel Greenblatt) %: -43.54% (As of Dec. 2025)

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MGIH Millennium Group International Holdings Ltd MGIH
34 GF Score
Price $1.62
GF Value $0.81
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Millennium Group International Holdings ROC (Joel Greenblatt) %?

Millennium Group International Holdings MGIH -1.80% 34 ROC (Joel Greenblatt) % is -43.54% as of Dec. 2025. GuruFocus rates MGIH with a GF Score™ of 34/100 and a GF Value™ of $0.81 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 401 Packaging & Containers companies, Millennium Group International Holdings ranks worse than 95.76% 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. Millennium Group International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -43.54%.

The historical rank and industry rank for Millennium Group International Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

MGIH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.2   Med: 0.87   Max: 19.94
Current: -40.2

During the past 5 years, Millennium Group International Holdings's highest ROC (Joel Greenblatt) % was 19.94%. The lowest was -40.20%. And the median was 0.87%.

MGIH's ROC (Joel Greenblatt) % is ranked worse than
95.76% of 401 companies
in the Packaging & Containers industry
Industry Median: 8.91 vs MGIH: -40.20

Millennium Group International Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Millennium Group International Holdings  (NAS:MGIH) 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.


Millennium Group International Holdings ROC (Joel Greenblatt) % Related Terms


Millennium Group International Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Millennium Group International Holdings'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.

Millennium Group International Holdings ROC (Joel Greenblatt) % Chart

Millennium Group International Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
19.94 18.09 0.87 -36.00 -33.22

Millennium Group International Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.80 -64.82 -32.71 -36.77 -43.54

MGIH vs YHGJ, DSS, ENZN: ROC (Joel Greenblatt) % Comparison

For the Packaging & Containers subindustry, Millennium Group International Holdings'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.


Millennium Group International Holdings ROC (Joel Greenblatt) % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Millennium Group International Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Millennium Group International Holdings's ROC (Joel Greenblatt) % falls into.


MGIH
34GF Score
Millennium Group International Holdings Ltd MGIH
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millennium Group International Holdings 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.101 + 1.539 + 0.667) - (4.701 + 0.117 + 0)
=4.489

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.27 + 1.761 + 0) - (5.372 + 0 + -0.00099999999999945)
=2.66

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Millennium Group International Holdings for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.306/( ( (10.625 + max(4.489, 0)) + (11.195 + max(2.66, 0)) )/ 2 )
=-6.306/( ( 15.114 + 13.855 )/ 2 )
=-6.306/14.4845
=-43.54 %

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 -43.54% mean?
Millennium Group International Holdings (MGIH) has a ROC (Joel Greenblatt) % of -43.54% 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 Millennium Group International Holdings and its competitors. According to the industry distribution chart, Millennium Group International Holdings ranks #384 out of 401 companies in the Packaging & Containers industry, placing it in the top 95.8%.
Is Millennium Group International Holdings' ROC (Joel Greenblatt) % too high?
Millennium Group International Holdings' current ROC (Joel Greenblatt) % is -43.54%. Based on the distribution chart, Millennium Group International Holdings ranks #384 out of 401 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Millennium Group International Holdings has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group International Holdings' ROC (Joel Greenblatt) % compare to YHGJ and DSS?
According to the Packaging & Containers industry distribution chart, Millennium Group International Holdings ranks #384 out of 401 companies for ROC (Joel Greenblatt) %. This places Millennium Group International Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.91. 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.91, based on 401 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 Millennium Group International Holdings and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group International Holdings's current ROC (Joel Greenblatt) % is -43.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group International Holdings (MGIH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.81, compared to a current price of $1.62 — trading 100% above its estimated fair value. The current ROC (Joel Greenblatt) % is -43.54%. Millennium Group International Holdings' overall GF Score™ is 34/100 with 2 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 Millennium Group International Holdings (MGIH), the current ROC (Joel Greenblatt) % is -43.54% 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 Millennium Group International Holdings (MGIH) Overvalued in 2026?

Based on GuruFocus' analysis, Millennium Group International Holdings stock appears to be overvalued. The current stock price of $1.62 is trading 100% above its estimated GF Value™ of $0.81. GuruFocus considers Millennium Group International Holdings to be Significantly Overvalued.

Key valuation signals for MGIH:

  • ROC (Joel Greenblatt) %: -43.54%
  • GF Value™: $0.81 vs. price of $1.62 (100% above fair value)
  • GF Score™: 34/100 with 2 warning signs

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


Millennium Group International Holdings Business Description

Address Flat B-C, 1st Floor, Wang Kwong Industrial Buiding, 45 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG, 999077
Millennium Group International Holdings Ltd supplies paper-based packaging solutions, including inner packaging boxes produced with offset or flexo printing and outer corrugated boxes used for transportation, storage, pallets, and point-of-purchase displays. The company manufactures corrugated products of different sizes, shapes, thicknesses, and strengths according to customer specifications. It also operates a supply chain management business in Vietnam to service international clients who source their packaging needs from Vietnam and other ASEAN countries. The corrugated paper is durable, versatile, economical, and lightweight.
34GF Score

Get the complete analysis for MGIH

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

$1.62
Price
$0.81
GF Value