Oceana GroupOCGPF 78 ROC (Joel Greenblatt) % is 29.93% as of Mar. 2026, which is 20% below its 10-year median of 37.56. GuruFocus rates OCGPF with a GF Score™ of 78/100 and a GF Value™ of $2.91. The stock has 10 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, Oceana Group ranks better than 75.06% 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. Oceana Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.93%.
The historical rank and industry rank for Oceana Group's ROC (Joel Greenblatt) % or its related term are showing as below:
OCGPF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.41 Med: 37.56 Max: 58.03
Current: 25.41
During the past 13 years, Oceana Group's highest ROC (Joel Greenblatt) % was 58.03%. The lowest was 25.41%. And the median was 37.56%.
OCGPF's ROC (Joel Greenblatt) % is ranked better than 75.06% of 1969
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs OCGPF: 25.41
Oceana Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.10% per year.
Oceana Group (OTCPK:OCGPF) 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.
Oceana Group ROC (Joel Greenblatt) % Related Terms
Oceana Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Oceana Group'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.
OCGPF vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Oceana Group'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.
Oceana Group ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Oceana Group'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 (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 29.93% mean?
Oceana Group (OCGPF) has a ROC (Joel Greenblatt) % of 29.93% 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 Oceana Group and its competitors. This is 20% below median its historical median of 37.56. Over the past decade, Oceana Group's ROC (Joel Greenblatt) % has ranged from 25.41 to 58.03. According to the industry distribution chart, Oceana Group ranks #491 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 24.9%.
Is Oceana Group's ROC (Joel Greenblatt) % too high?
Oceana Group's current ROC (Joel Greenblatt) % of 29.93% is 20% below median its 10-year median of 37.56. Over the past 10 years, this metric has ranged from a low of 25.41 to a high of 58.03. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Oceana Group's value of 29.93% is 149.6% above this industry median. Based on the distribution chart, Oceana Group ranks #491 out of 1969 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Oceana Group has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Oceana Group's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Oceana Group ranks #491 out of 1969 companies for ROC (Joel Greenblatt) %. This places Oceana Group in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Oceana Group's value of 29.93% is 149.6% above this benchmark. Historically, Oceana Group's own ROC (Joel Greenblatt) % has ranged from 25.41 to 58.03 over the past decade. While the company's 10-year median is 37.56 vs. the industry median of 11.99, Oceana Group 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. Oceana Group's current ROC (Joel Greenblatt) % of 29.93% is 149.6% 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 Oceana Group 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. Oceana Group's current ROC (Joel Greenblatt) % is 29.93%, which is 20% below median its own 10-year median of 37.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceana Group stock overvalued right now?
Oceana Group (OCGPF) has a current ROC (Joel Greenblatt) % of 29.93%. The stock's GF Value™ is $2.91, compared to a current price of $3.00 — trading 3.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.93%, which is 20% below median its 10-year median of 37.56 and 149.6% above the Consumer Packaged Goods industry median of 11.99. Oceana Group's overall GF Score™ is 78/100 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 Oceana Group (OCGPF), the current ROC (Joel Greenblatt) % is 29.93% 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 Oceana Group (OCGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Oceana Group stock appears to be overvalued.
The current stock price of $3.00 is trading 3.1% above its estimated GF Value™ of $2.91.
Key valuation signals for OCGPF:
ROC (Joel Greenblatt) %: 29.93% (20% below median its 10-year median of 37.56)
GF Value™: $2.91 vs. price of $3.00 (3.1% above fair value)
Industry Position: 149.6% above the Consumer Packaged Goods median (#491 of 1969)
No single metric tells the full story. See the OCGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oceana Group Ltd is a diversified, international fish and food company engaged in the responsible catching, procuring, processing, marketing and distribution of fish and food products. Its products and services include canned fish (notably pilchards), other canned foods such as tuna, sardines and canned meats, fishmeal and fish oil for the aquaculture, animal feed and pet food industries, as well as wild-caught seafood including horse mackerel, hake, squid and lobster. The Group operates through three main segments: Lucky Star Foods, Fishmeal and Fish Oil, and Wild Caught Seafood, with the majority of its revenue generated from the Lucky Star Foods segment. Geographically, the Group operates in South Africa, Namibia, other parts of Africa, Europe, the Americas and the Far East.
78GF Score
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