ORGN (Origin Materials) ROC (Joel Greenblatt) %: -76.51% (As of Mar. 2026)

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ORGN Origin Materials Inc ORGN
35 GF Score
Price $0.95
GF Value $10.56
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Origin Materials ROC (Joel Greenblatt) %?

Origin Materials ORGN 35 ROC (Joel Greenblatt) % is -76.51% as of Mar. 2026. GuruFocus rates ORGN with a GF Score™ of 35/100 and a GF Value™ of $10.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,604 Chemicals companies, Origin Materials ranks worse than 96.88% 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. Origin Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -76.51%.

The historical rank and industry rank for Origin Materials's ROC (Joel Greenblatt) % or its related term are showing as below:

ORGN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -152.97   Med: -11.27   Max: 85.88
Current: -131.22

During the past 6 years, Origin Materials's highest ROC (Joel Greenblatt) % was 85.88%. The lowest was -152.97%. And the median was -11.27%.

ORGN's ROC (Joel Greenblatt) % is ranked worse than
96.88% of 1604 companies
in the Chemicals industry
Industry Median: 9.4 vs ORGN: -131.22

Origin Materials's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Origin Materials  (NAS:ORGN) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Origin Materials ROC (Joel Greenblatt) % Related Terms


Origin Materials ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Origin Materials'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.

Origin Materials ROC (Joel Greenblatt) % Chart

Origin Materials Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 85.88 72.59 10.92 -33.45 -152.97

Origin Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.75 -20.74 -26.40 -459.00 -76.51

ORGN vs GURE, DOW: ROC (Joel Greenblatt) % Comparison

For the Chemicals subindustry, Origin Materials'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.


Origin Materials ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Origin Materials's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Origin Materials's ROC (Joel Greenblatt) % falls into.


ORGN
35GF Score
Origin Materials Inc ORGN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Origin Materials ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.049 + 0.684 + 11.574) - (8.515 + 0 + 0.231)
=16.561

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.362 + 0.682 + 10.251) - (6.048 + 0 + 1.231)
=9.016

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Origin Materials for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-70.536/( ( (76.001 + max(16.561, 0)) + (82.806 + max(9.016, 0)) )/ 2 )
=-70.536/( ( 92.562 + 91.822 )/ 2 )
=-70.536/92.192
=-76.51 %

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 -76.51% mean?
Origin Materials (ORGN) has a ROC (Joel Greenblatt) % of -76.51% 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 Origin Materials and its competitors. According to the industry distribution chart, Origin Materials ranks #1554 out of 1604 companies in the Chemicals industry, placing it in the top 96.9%.
Is Origin Materials' ROC (Joel Greenblatt) % too high?
Origin Materials' current ROC (Joel Greenblatt) % is -76.51%. Based on the distribution chart, Origin Materials ranks #1554 out of 1604 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Origin Materials has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Origin Materials' ROC (Joel Greenblatt) % compare to GURE and DOW?
According to the Chemicals industry distribution chart, Origin Materials ranks #1554 out of 1604 companies for ROC (Joel Greenblatt) %. This places Origin Materials in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.40. 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.40, based on 1,604 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. 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 Origin Materials and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Materials's current ROC (Joel Greenblatt) % is -76.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Materials stock overvalued right now?
Based on GuruFocus' analysis, Origin Materials (ORGN) is currently considered Possible Value Trap. The stock's GF Value™ is $10.56, compared to a current price of $0.95 — trading 91% below its estimated fair value. The current ROC (Joel Greenblatt) % is -76.51%. Origin Materials' overall GF Score™ is 35/100 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 Origin Materials (ORGN), the current ROC (Joel Greenblatt) % is -76.51% 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 Origin Materials (ORGN) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Materials stock appears to be undervalued. The current stock price of $0.95 is trading 91% below its estimated GF Value™ of $10.56. GuruFocus considers Origin Materials to be Possible Value Trap.

Key valuation signals for ORGN:

  • ROC (Joel Greenblatt) %: -76.51%
  • GF Value™: $10.56 vs. price of $0.95 (91% below fair value)
  • GF Score™: 35/100 with 5 warning signs

No single metric tells the full story. See the ORGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Origin Materials Business Description

Address 930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605
Origin Materials Inc is a technology company with a mission to enable the world's transition to sustainable materials. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process. Its products include PET circular caps and closures, Para-xylene, carbon black, Levulinic acid, among others, by using materials like food and beverage packaging, clothing, textiles, plastics, car parts, carpeting, tires, adhesives, soil amendments, and fuels.
35GF Score

Get the complete analysis for ORGN

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price
$10.56
GF Value