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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. JSC Amber Latvijas Balzams's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -44.38%.
The historical rank and industry rank for JSC Amber Latvijas Balzams's ROC (Joel Greenblatt) % or its related term are showing as below:
ORSE:BAL1R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.46 Med: 59.15 Max: 76.27
Current: 3.46
During the past 13 years, JSC Amber Latvijas Balzams's highest ROC (Joel Greenblatt) % was 76.27%. The lowest was 3.46%. And the median was 59.15%.
ORSE:BAL1R's ROC (Joel Greenblatt) % is ranked worse than 67.3% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 11.88
vs ORSE:BAL1R: 3.46
JSC Amber Latvijas Balzams's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -25.30% per year.
JSC Amber Latvijas Balzams (ORSE:BAL1R) 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.
* 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.
JSC Amber Latvijas Balzams ROC (Joel Greenblatt) % Chart
ORSE:BAL1R vs BF.B: ROC (Joel Greenblatt) % Comparison
For the Beverages - Wineries & Distilleries subindustry, JSC Amber Latvijas Balzams'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.
JSC Amber Latvijas Balzams ROC (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, JSC Amber Latvijas Balzams's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where JSC Amber Latvijas Balzams's ROC (Joel Greenblatt) % falls into.
JSC Amber Latvijas Balzams 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:
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 -44.38% mean?
JSC Amber Latvijas Balzams (ORSE:BAL1R) has a ROC (Joel Greenblatt) % of -44.38% 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 JSC Amber Latvijas Balzams and its competitors. Over the past decade, JSC Amber Latvijas Balzams' ROC (Joel Greenblatt) % has ranged from 3.46 to 76.27. According to the industry distribution chart, JSC Amber Latvijas Balzams ranks #142 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 67.3%.
Is JSC Amber Latvijas Balzams' ROC (Joel Greenblatt) % too high?
JSC Amber Latvijas Balzams' current ROC (Joel Greenblatt) % is -44.38%. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 76.27. Based on the distribution chart, JSC Amber Latvijas Balzams ranks #142 out of 211 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, JSC Amber Latvijas Balzams has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JSC Amber Latvijas Balzams' ROC (Joel Greenblatt) % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, JSC Amber Latvijas Balzams ranks #142 out of 211 companies for ROC (Joel Greenblatt) %. This places JSC Amber Latvijas Balzams in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.88. Historically, JSC Amber Latvijas Balzams' own ROC (Joel Greenblatt) % has ranged from 3.46 to 76.27 over the past decade. 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. 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 JSC Amber Latvijas Balzams 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. JSC Amber Latvijas Balzams's current ROC (Joel Greenblatt) % is -44.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSC Amber Latvijas Balzams stock overvalued right now?
Based on GuruFocus' analysis, JSC Amber Latvijas Balzams (ORSE:BAL1R) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.34, compared to a current price of €1.39 — trading 78.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is -44.38%. JSC Amber Latvijas Balzams' overall GF Score™ is 87/100 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 JSC Amber Latvijas Balzams (ORSE:BAL1R), the current ROC (Joel Greenblatt) % is -44.38% 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 JSC Amber Latvijas Balzams (ORSE:BAL1R) Overvalued in 2026?
Based on GuruFocus' analysis, JSC Amber Latvijas Balzams stock appears to be undervalued.
The current stock price of €1.39 is trading 78.2% below its estimated GF Value™ of €6.34.
GuruFocus considers JSC Amber Latvijas Balzams to be Significantly Undervalued.
Key valuation signals for ORSE:BAL1R:
ROC (Joel Greenblatt) %: -44.38%
GF Value™: €6.34 vs. price of €1.39 (78.2% below fair value)
No single metric tells the full story. See the ORSE:BAL1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSC Amber Latvijas Balzams is a producer of alcoholic beverages in Latvia. The company is mainly engaged in the production of alcoholic beverages. The company produces various types of alcoholic beverages, such as sparkling wines, fortified wines, ciders, alcopops, vodka, liqueurs, brandy, alcoholic beverages, gin, etc. It generates revenue from the Production of alcoholic beverages, Sales of other goods and materials, and other services. The company's brands include Stoli, elit, Moskovskaya, Riga Black Vodka, Bonaparte, Moka, Svetskoje, and others. Geographically, it derives the majority revenue from Cyprus and also has a presence in Latvia, Lithuania, Russia, Estonia, Romania, and other regions.
87GF Score
Get the complete analysis for ORSE:BAL1R
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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