Mips ABMPZAF 77 ROC (Joel Greenblatt) % is 140.80% as of Mar. 2026, which is 41% below its 10-year median of 238.68. GuruFocus rates MPZAF with a GF Score™ of 77/100 and a GF Value™ of $110.89 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 846 Travel & Leisure companies, Mips AB ranks better than 92.2% 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. Mips AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 140.80%.
The historical rank and industry rank for Mips AB's ROC (Joel Greenblatt) % or its related term are showing as below:
MPZAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 114.86 Med: 238.68 Max: 466.67
Current: 162.62
During the past 13 years, Mips AB's highest ROC (Joel Greenblatt) % was 466.67%. The lowest was 114.86%. And the median was 238.68%.
MPZAF's ROC (Joel Greenblatt) % is ranked better than 92.2% of 846
companies
in the Travel & Leisure industry
Industry Median: 10.02
vs MPZAF: 162.62
Mips AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -20.40% per year.
Mips AB (OTCPK:MPZAF) 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.
The historical data trend for Mips AB'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.
MPZAF vs AS, HAS, LTH: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, Mips AB'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.
Mips AB ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mips AB'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 140.80% mean?
Mips AB (MPZAF) has a ROC (Joel Greenblatt) % of 140.80% 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 Mips AB and its competitors. This is 41% below median its historical median of 238.68. Over the past decade, Mips AB's ROC (Joel Greenblatt) % has ranged from 114.86 to 466.67. According to the industry distribution chart, Mips AB ranks #66 out of 846 companies in the Travel & Leisure industry, placing it in the top 7.8%.
Is Mips AB's ROC (Joel Greenblatt) % too high?
Mips AB's current ROC (Joel Greenblatt) % of 140.80% is 41% below median its 10-year median of 238.68. Over the past 10 years, this metric has ranged from a low of 114.86 to a high of 466.67. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.02. Mips AB's value of 140.80% is 1305.2% above this industry median. Based on the distribution chart, Mips AB ranks #66 out of 846 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Mips AB has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's ROC (Joel Greenblatt) % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mips AB ranks #66 out of 846 companies for ROC (Joel Greenblatt) %. This places Mips AB in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.02. Mips AB's value of 140.80% is 1305.2% above this benchmark. Historically, Mips AB's own ROC (Joel Greenblatt) % has ranged from 114.86 to 466.67 over the past decade. While the company's 10-year median is 238.68 vs. the industry median of 10.02, Mips AB 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.02, based on 846 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. Mips AB's current ROC (Joel Greenblatt) % of 140.80% is 1305.2% 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 Mips AB and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mips AB's current ROC (Joel Greenblatt) % is 140.80%, which is 41% below median its own 10-year median of 238.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (MPZAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $110.89, compared to a current price of $25.48 — trading 77% below its estimated fair value. The current ROC (Joel Greenblatt) % is 140.80%, which is 41% below median its 10-year median of 238.68 and 1305.2% above the Travel & Leisure industry median of 10.02. Mips AB's overall GF Score™ is 77/100 with 5 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 Mips AB (MPZAF), the current ROC (Joel Greenblatt) % is 140.80% 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 Mips AB (MPZAF) Overvalued in 2026?
Based on GuruFocus' analysis, Mips AB stock appears to be undervalued.
The current stock price of $25.48 is trading 77% below its estimated GF Value™ of $110.89.
GuruFocus considers Mips AB to be Significantly Undervalued.
Key valuation signals for MPZAF:
ROC (Joel Greenblatt) %: 140.80% (41% below median its 10-year median of 238.68)
GF Value™: $110.89 vs. price of $25.48 (77% below fair value)
Industry Position: 1305.2% above the Travel & Leisure median (#66 of 846)
No single metric tells the full story. See the MPZAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
77GF Score
Get the complete analysis for MPZAF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MPZAF has been successfully added to your 
