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ADF FoodsNSE:ADFFOODS +1.03%90 ROC (Joel Greenblatt) % is 22.00% as of Jun. 2026, which is 32% below its 10-year median of 32.40. GuruFocus rates NSE:ADFFOODS with a GF Score™ of 90/100 and a GF Value™ of ₹314.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,981 Consumer Packaged Goods companies, ADF Foods ranks better than 81.37% 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. ADF Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 22.00%.
The historical rank and industry rank for ADF Foods's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ADFFOODS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.22 Med: 32.4 Max: 43.44
Current: 32.29
During the past 13 years, ADF Foods's highest ROC (Joel Greenblatt) % was 43.44%. The lowest was 22.22%. And the median was 32.40%.
NSE:ADFFOODS's ROC (Joel Greenblatt) % is ranked better than 81.37% of 1981
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs NSE:ADFFOODS: 32.29
ADF Foods's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.60% 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.
The historical data trend for ADF 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.
NSE:ADFFOODS vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, ADF 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.
ADF Foods ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, ADF Foods's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ADF Foods'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 (Jun. 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 22.00% mean?
ADF Foods (NSE:ADFFOODS) has a ROC (Joel Greenblatt) % of 22.00% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on ADF Foods and its competitors. This is 32% below median its historical median of 32.40. Over the past decade, ADF Foods' ROC (Joel Greenblatt) % has ranged from 22.22 to 43.44. According to the industry distribution chart, ADF Foods ranks #369 out of 1981 companies in the Consumer Packaged Goods industry, placing it in the top 18.6%.
Is ADF Foods' ROC (Joel Greenblatt) % too high?
ADF Foods' current ROC (Joel Greenblatt) % of 22.00% is 32% below median its 10-year median of 32.40. Over the past 10 years, this metric has ranged from a low of 22.22 to a high of 43.44. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. ADF Foods' value of 22.00% is 83.5% above this industry median. Based on the distribution chart, ADF Foods ranks #369 out of 1981 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, ADF Foods has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADF Foods' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ADF Foods ranks #369 out of 1981 companies for ROC (Joel Greenblatt) %. This places ADF Foods in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. ADF Foods' value of 22.00% is 83.5% above this benchmark. Historically, ADF Foods' own ROC (Joel Greenblatt) % has ranged from 22.22 to 43.44 over the past decade. While the company's 10-year median is 32.40 vs. the industry median of 11.99, ADF Foods 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 1,981 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. ADF Foods's current ROC (Joel Greenblatt) % of 22.00% is 83.5% 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 ADF 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. ADF Foods's current ROC (Joel Greenblatt) % is 22.00%, which is 32% below median its own 10-year median of 32.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADF Foods stock overvalued right now?
Based on GuruFocus' analysis, ADF Foods (NSE:ADFFOODS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹314.54, compared to a current price of ₹273.75 — trading 13% below its estimated fair value. The current ROC (Joel Greenblatt) % is 22.00%, which is 32% below median its 10-year median of 32.40 and 83.5% above the Consumer Packaged Goods industry median of 11.99. ADF Foods' overall GF Score™ is 90/100 with 1 warning sign 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 ADF Foods (NSE:ADFFOODS), the current ROC (Joel Greenblatt) % is 22.00% as of Jun. 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 ADF Foods (NSE:ADFFOODS) Overvalued in 2026?
Based on GuruFocus' analysis, ADF Foods stock appears to be undervalued.
The current stock price of ₹273.75 is trading 13% below its estimated GF Value™ of ₹314.54.
GuruFocus considers ADF Foods to be Modestly Undervalued.
Key valuation signals for NSE:ADFFOODS:
ROC (Joel Greenblatt) %: 22.00% (32% below median its 10-year median of 32.40)
GF Value™: ₹314.54 vs. price of ₹273.75 (13% below fair value)
Industry Position: 83.5% above the Consumer Packaged Goods median (#369 of 1981)
No single metric tells the full story. See the NSE:ADFFOODS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ADF Foods Ltd is an Indian-based company that operates in the business of processed and preserved foods. Its business activities include manufacturing and trading of processed food products including pickles, pastes, chutneys, ready-to-eat items, paste and sauces, frozen foods, spices, and canned vegetables in brine. The company's operating segments are Processed food and Distribution Business. The company's products are offered under the brand names Ashoka, Camel, Truly Indian, Aeroplane, Nate's, PJ's Organics, ADF Soul, and Khansaama.
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