MondiMONDY -0.89%58 ROC (Joel Greenblatt) % is 2.61% as of Dec. 2025, which is 86% below its 10-year median of 18.81. GuruFocus rates MONDY with a GF Score™ of 58/100 and a GF Value™ of $34.65 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 286 Forest Products companies, Mondi ranks better than 59.09% 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. Mondi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.61%.
The historical rank and industry rank for Mondi's ROC (Joel Greenblatt) % or its related term are showing as below:
MONDY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.01 Med: 18.81 Max: 28.7
Current: 6.01
During the past 13 years, Mondi's highest ROC (Joel Greenblatt) % was 28.70%. The lowest was 6.01%. And the median was 18.81%.
MONDY's ROC (Joel Greenblatt) % is ranked better than 59.09% of 286
companies
in the Forest Products industry
Industry Median: 4.585
vs MONDY: 6.01
Mondi's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.10% 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.
The historical data trend for Mondi'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.
For the Paper & Paper Products subindustry, Mondi'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.
Mondi ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mondi's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mondi'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 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 2.61% mean?
Mondi (MONDY) has a ROC (Joel Greenblatt) % of 2.61% 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 Mondi and its competitors. This is 86% below median its historical median of 18.81. Over the past decade, Mondi's ROC (Joel Greenblatt) % has ranged from 6.01 to 28.70. According to the industry distribution chart, Mondi ranks #117 out of 286 companies in the Forest Products industry, placing it in the top 40.9%.
Is Mondi's ROC (Joel Greenblatt) % too high?
Mondi's current ROC (Joel Greenblatt) % of 2.61% is 86% below median its 10-year median of 18.81. Over the past 10 years, this metric has ranged from a low of 6.01 to a high of 28.70. The Forest Products industry median ROC (Joel Greenblatt) % is 4.59. Mondi's value of 2.61% is 43.1% below this industry median. Based on the distribution chart, Mondi ranks #117 out of 286 companies in the Forest Products industry, which is above the industry midpoint. Overall, Mondi has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mondi's ROC (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, Mondi ranks #117 out of 286 companies for ROC (Joel Greenblatt) %. This puts Mondi in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 4.59. Mondi's value of 2.61% is 43.1% below this benchmark. Historically, Mondi's own ROC (Joel Greenblatt) % has ranged from 6.01 to 28.70 over the past decade. While the company's 10-year median is 18.81 vs. the industry median of 4.59, Mondi 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. Mondi's current ROC (Joel Greenblatt) % of 2.61% is 43.1% 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 Mondi 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. Mondi's current ROC (Joel Greenblatt) % is 2.61%, which is 86% below median its own 10-year median of 18.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mondi stock overvalued right now?
Based on GuruFocus' analysis, Mondi (MONDY) is currently considered Significantly Undervalued. The stock's GF Value™ is $34.65, compared to a current price of $18.84 — trading 45.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.61%, which is 86% below median its 10-year median of 18.81 and 43.1% below the Forest Products industry median of 4.59. Mondi's overall GF Score™ is 58/100 with 9 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 Mondi (MONDY), the current ROC (Joel Greenblatt) % is 2.61% 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 Mondi (MONDY) Overvalued in 2026?
Based on GuruFocus' analysis, Mondi stock appears to be undervalued.
The current stock price of $18.84 is trading 45.6% below its estimated GF Value™ of $34.65.
GuruFocus considers Mondi to be Significantly Undervalued.
Key valuation signals for MONDY:
ROC (Joel Greenblatt) %: 2.61% (86% below median its 10-year median of 18.81)
GF Value™: $34.65 vs. price of $18.84 (45.6% below fair value)
Industry Position: 43.1% below the Forest Products median (#117 of 286)
No single metric tells the full story. See the MONDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mondi PLC makes and sells packaging and paper products. The company's operating segments include Corrugated Packaging; Flexible Packaging and Uncoated Fine Paper. It generates maximum revenue from the Flexible Packaging segment. Flexible Packaging segment includes Kraft paper; Paper bags; Consumer flexibles; Functional paper and films and Pulp. The majority of revenue comes from Europe.
58GF Score
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