Olvi OyjOLVOY 98 ROC (Joel Greenblatt) % is 15.40% as of Mar. 2026, which is 41% below its 10-year median of 26.00. GuruFocus rates OLVOY with a GF Score™ of 98/100. The stock has 3 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Olvi Oyj ranks better than 75.36% 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. Olvi Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.40%.
The historical rank and industry rank for Olvi Oyj's ROC (Joel Greenblatt) % or its related term are showing as below:
OLVOY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.67 Med: 26 Max: 35.74
Current: 28.84
During the past 13 years, Olvi Oyj's highest ROC (Joel Greenblatt) % was 35.74%. The lowest was 8.67%. And the median was 26.00%.
OLVOY's ROC (Joel Greenblatt) % is ranked better than 75.36% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 11.88
vs OLVOY: 28.84
Olvi Oyj's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.60% 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 Olvi Oyj'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.
OLVOY vs BUD, STZ, TAP: ROC (Joel Greenblatt) % Comparison
For the Beverages - Brewers subindustry, Olvi Oyj'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.
Olvi Oyj ROC (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Olvi Oyj's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Olvi Oyj'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 15.40% mean?
Olvi Oyj (OLVOY) has a ROC (Joel Greenblatt) % of 15.40% 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 Olvi Oyj and its competitors. This is 41% below median its historical median of 26.00. Over the past decade, Olvi Oyj's ROC (Joel Greenblatt) % has ranged from 8.67 to 35.74. According to the industry distribution chart, Olvi Oyj ranks #52 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 24.6%.
Is Olvi Oyj's ROC (Joel Greenblatt) % too high?
Olvi Oyj's current ROC (Joel Greenblatt) % of 15.40% is 41% below median its 10-year median of 26.00. Over the past 10 years, this metric has ranged from a low of 8.67 to a high of 35.74. The Beverages - Alcoholic industry median ROC (Joel Greenblatt) % is 11.88. Olvi Oyj's value of 15.40% is 29.6% above this industry median. Based on the distribution chart, Olvi Oyj ranks #52 out of 211 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Olvi Oyj has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Olvi Oyj's ROC (Joel Greenblatt) % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Olvi Oyj ranks #52 out of 211 companies for ROC (Joel Greenblatt) %. This places Olvi Oyj in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.88. Olvi Oyj's value of 15.40% is 29.6% above this benchmark. Historically, Olvi Oyj's own ROC (Joel Greenblatt) % has ranged from 8.67 to 35.74 over the past decade. While the company's 10-year median is 26.00 vs. the industry median of 11.88, Olvi Oyj 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 Beverages - Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Alcoholic companies is 11.88, based on 211 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. Olvi Oyj's current ROC (Joel Greenblatt) % of 15.40% is 29.6% 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 Olvi Oyj and its competitors. For the Beverages - Alcoholic industry, the median ROC (Joel Greenblatt) % is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olvi Oyj's current ROC (Joel Greenblatt) % is 15.40%, which is 41% below median its own 10-year median of 26.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olvi Oyj stock overvalued right now?
Olvi Oyj (OLVOY) has a current ROC (Joel Greenblatt) % of 15.40%. The current ROC (Joel Greenblatt) % is 15.40%, which is 41% below median its 10-year median of 26.00 and 29.6% above the Beverages - Alcoholic industry median of 11.88. Olvi Oyj's overall GF Score™ is 98/100 with 3 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 Olvi Oyj (OLVOY), the current ROC (Joel Greenblatt) % is 15.40% 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.
Olvi Oyj is an international beverage group that produces alcoholic and nonalcoholic products in several categories. Its product portfolio includes beers, waters, ciders, long drinks, soft drinks, wines, juices, sports drinks, wellness drinks, energy drinks, and distillates. These products are offered under brands like A.Le Coq, Sandels, and OLVI, among others. Olvi generates the majority of its revenue from the sale of beers. The Group's operations are divided into three segments based on the geographical markets in which it operates, including Finland, the Baltic Sea region, and Belarus. The majority of its revenue is generated from the Baltic Sea region.
98GF Score
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