Ranpak HoldingsPACK -1.92%62 ROC (Joel Greenblatt) % is -11.55% as of Mar. 2026. GuruFocus rates PACK with a GF Score™ of 62/100 and a GF Value™ of $5.90 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 397 Packaging & Containers companies, Ranpak Holdings ranks worse than 88.41% 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. Ranpak Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.55%.
The historical rank and industry rank for Ranpak Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
PACK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.6 Med: 2.91 Max: 15.67
Current: -7.17
During the past 9 years, Ranpak Holdings's highest ROC (Joel Greenblatt) % was 15.67%. The lowest was -22.60%. And the median was 2.91%.
PACK's ROC (Joel Greenblatt) % is ranked worse than 88.41% of 397
companies
in the Packaging & Containers industry
Industry Median: 8.95
vs PACK: -7.17
Ranpak Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Ranpak Holdings ROC (Joel Greenblatt) % Related Terms
Ranpak Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Ranpak Holdings'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.
PACK vs KRT, ORBS, GFLT: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Ranpak Holdings'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.
Ranpak Holdings ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Ranpak Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ranpak Holdings'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 -11.55% mean?
Ranpak Holdings (PACK) has a ROC (Joel Greenblatt) % of -11.55% 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 Ranpak Holdings and its competitors. According to the industry distribution chart, Ranpak Holdings ranks #351 out of 397 companies in the Packaging & Containers industry, placing it in the top 88.4%.
Is Ranpak Holdings' ROC (Joel Greenblatt) % too high?
Ranpak Holdings' current ROC (Joel Greenblatt) % is -11.55%. Based on the distribution chart, Ranpak Holdings ranks #351 out of 397 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Ranpak Holdings has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ranpak Holdings' ROC (Joel Greenblatt) % compare to KRT and ORBS?
According to the Packaging & Containers industry distribution chart, Ranpak Holdings ranks #351 out of 397 companies for ROC (Joel Greenblatt) %. This places Ranpak Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.95. 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.95, based on 397 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 Ranpak Holdings and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranpak Holdings's current ROC (Joel Greenblatt) % is -11.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranpak Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ranpak Holdings (PACK) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.90, compared to a current price of $7.17 — trading 21.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -11.55%. Ranpak Holdings' overall GF Score™ is 62/100 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 Ranpak Holdings (PACK), the current ROC (Joel Greenblatt) % is -11.55% 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 Ranpak Holdings (PACK) Overvalued in 2026?
Based on GuruFocus' analysis, Ranpak Holdings stock appears to be overvalued.
The current stock price of $7.17 is trading 21.5% above its estimated GF Value™ of $5.90.
GuruFocus considers Ranpak Holdings to be Modestly Overvalued.
Key valuation signals for PACK:
ROC (Joel Greenblatt) %: -11.55%
GF Value™: $5.90 vs. price of $7.17 (21.5% above fair value)
No single metric tells the full story. See the PACK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. The group generates revenue by providing its PPS systems and paper consumables to customers, which include direct end-users and a network of exclusive paper packaging solution distributors, and by providing end-of-line automation systems that solve challenges, including optimization, customization, and efficiency. It has two segments, North America and Europe/Asia.
62GF Score
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