Pollard BanknotePBKOF 72 ROC (Joel Greenblatt) % is 14.88% as of Mar. 2026, which is 44% below its 10-year median of 26.42. GuruFocus rates PBKOF with a GF Score™ of 72/100 and a GF Value™ of $19.84 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 846 Travel & Leisure companies, Pollard Banknote ranks better than 71.63% 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. Pollard Banknote's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.88%.
The historical rank and industry rank for Pollard Banknote's ROC (Joel Greenblatt) % or its related term are showing as below:
PBKOF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.04 Med: 26.42 Max: 35.81
Current: 24.76
During the past 13 years, Pollard Banknote's highest ROC (Joel Greenblatt) % was 35.81%. The lowest was 18.04%. And the median was 26.42%.
PBKOF's ROC (Joel Greenblatt) % is ranked better than 71.63% of 846
companies
in the Travel & Leisure industry
Industry Median: 10.02
vs PBKOF: 24.76
Pollard Banknote's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.40% 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.
Pollard Banknote ROC (Joel Greenblatt) % Related Terms
Pollard Banknote ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Pollard Banknote'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.
PBKOF vs FLUT, DKNG, SGHC: ROC (Joel Greenblatt) % Comparison
For the Gambling subindustry, Pollard Banknote'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.
Pollard Banknote ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pollard Banknote'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 14.88% mean?
Pollard Banknote (PBKOF) has a ROC (Joel Greenblatt) % of 14.88% 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 Pollard Banknote and its competitors. This is 44% below median its historical median of 26.42. Over the past decade, Pollard Banknote's ROC (Joel Greenblatt) % has ranged from 18.04 to 35.81. According to the industry distribution chart, Pollard Banknote ranks #240 out of 846 companies in the Travel & Leisure industry, placing it in the top 28.4%.
Is Pollard Banknote's ROC (Joel Greenblatt) % too high?
Pollard Banknote's current ROC (Joel Greenblatt) % of 14.88% is 44% below median its 10-year median of 26.42. Over the past 10 years, this metric has ranged from a low of 18.04 to a high of 35.81. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.02. Pollard Banknote's value of 14.88% is 48.5% above this industry median. Based on the distribution chart, Pollard Banknote ranks #240 out of 846 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Pollard Banknote has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pollard Banknote's ROC (Joel Greenblatt) % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pollard Banknote ranks #240 out of 846 companies for ROC (Joel Greenblatt) %. This puts Pollard Banknote in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.02. Pollard Banknote's value of 14.88% is 48.5% above this benchmark. Historically, Pollard Banknote's own ROC (Joel Greenblatt) % has ranged from 18.04 to 35.81 over the past decade. While the company's 10-year median is 26.42 vs. the industry median of 10.02, Pollard Banknote 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.02, based on 846 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. Pollard Banknote's current ROC (Joel Greenblatt) % of 14.88% is 48.5% 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 Pollard Banknote and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pollard Banknote's current ROC (Joel Greenblatt) % is 14.88%, which is 44% below median its own 10-year median of 26.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pollard Banknote stock overvalued right now?
Based on GuruFocus' analysis, Pollard Banknote (PBKOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.84, compared to a current price of $12.28 — trading 38.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.88%, which is 44% below median its 10-year median of 26.42 and 48.5% above the Travel & Leisure industry median of 10.02. Pollard Banknote's overall GF Score™ is 72/100 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 Pollard Banknote (PBKOF), the current ROC (Joel Greenblatt) % is 14.88% 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 Pollard Banknote (PBKOF) Overvalued in 2026?
Based on GuruFocus' analysis, Pollard Banknote stock appears to be undervalued.
The current stock price of $12.28 is trading 38.1% below its estimated GF Value™ of $19.84.
GuruFocus considers Pollard Banknote to be Significantly Undervalued.
Key valuation signals for PBKOF:
ROC (Joel Greenblatt) %: 14.88% (44% below median its 10-year median of 26.42)
GF Value™: $19.84 vs. price of $12.28 (38.1% below fair value)
Industry Position: 48.5% above the Travel & Leisure median (#240 of 846)
No single metric tells the full story. See the PBKOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has one reportable segment, which comprises its four operating segments which includes Lotteries, Charitable gaming, eGaming systems, and Retail. The company has its geographic presence in Canada, United States and International. It generates majority of its revenue from United States.
72GF Score
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