Panasonic HoldingsPCRFF +5.53%62 ROC (Joel Greenblatt) % is 13.95% as of Mar. 2026, which is 44% below its 10-year median of 24.92. GuruFocus rates PCRFF with a GF Score™ of 62/100 and a GF Value™ of $8.83 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 2,493 Hardware companies, Panasonic Holdings ranks better than 54.03% 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. Panasonic Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.95%.
The historical rank and industry rank for Panasonic Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
PCRFF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.21 Med: 24.92 Max: 32.4
Current: 12.21
During the past 13 years, Panasonic Holdings's highest ROC (Joel Greenblatt) % was 32.40%. The lowest was 12.21%. And the median was 24.92%.
PCRFF's ROC (Joel Greenblatt) % is ranked better than 54.03% of 2493
companies
in the Hardware industry
Industry Median: 10.35
vs PCRFF: 12.21
Panasonic Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.00% 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.
Panasonic Holdings ROC (Joel Greenblatt) % Related Terms
Panasonic Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Panasonic 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.
For the Consumer Electronics subindustry, Panasonic 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.
Panasonic Holdings ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Panasonic 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 13.95% mean?
Panasonic Holdings (PCRFF) has a ROC (Joel Greenblatt) % of 13.95% 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 Panasonic Holdings and its competitors. This is 44% below median its historical median of 24.92. Over the past decade, Panasonic Holdings' ROC (Joel Greenblatt) % has ranged from 12.21 to 32.40. According to the industry distribution chart, Panasonic Holdings ranks #1146 out of 2493 companies in the Hardware industry, placing it in the top 46%.
Is Panasonic Holdings' ROC (Joel Greenblatt) % too high?
Panasonic Holdings' current ROC (Joel Greenblatt) % of 13.95% is 44% below median its 10-year median of 24.92. Over the past 10 years, this metric has ranged from a low of 12.21 to a high of 32.40. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Panasonic Holdings' value of 13.95% is 34.8% above this industry median. Based on the distribution chart, Panasonic Holdings ranks #1146 out of 2493 companies in the Hardware industry, which is above the industry midpoint. Overall, Panasonic Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Holdings' ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Panasonic Holdings ranks #1146 out of 2493 companies for ROC (Joel Greenblatt) %. This puts Panasonic Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.35. Panasonic Holdings' value of 13.95% is 34.8% above this benchmark. Historically, Panasonic Holdings' own ROC (Joel Greenblatt) % has ranged from 12.21 to 32.40 over the past decade. While the company's 10-year median is 24.92 vs. the industry median of 10.35, Panasonic Holdings 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,493 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. Panasonic Holdings's current ROC (Joel Greenblatt) % of 13.95% is 34.8% 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 Panasonic Holdings and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Holdings's current ROC (Joel Greenblatt) % is 13.95%, which is 44% below median its own 10-year median of 24.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Holdings (PCRFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.83, compared to a current price of $28.26 — trading 220% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.95%, which is 44% below median its 10-year median of 24.92 and 34.8% above the Hardware industry median of 10.35. Panasonic Holdings' overall GF Score™ is 62/100 with 12 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 Panasonic Holdings (PCRFF), the current ROC (Joel Greenblatt) % is 13.95% 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 Panasonic Holdings (PCRFF) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Holdings stock appears to be overvalued.
The current stock price of $28.26 is trading 220% above its estimated GF Value™ of $8.83.
GuruFocus considers Panasonic Holdings to be Significantly Overvalued.
Key valuation signals for PCRFF:
ROC (Joel Greenblatt) %: 13.95% (44% below median its 10-year median of 24.92)
GF Value™: $8.83 vs. price of $28.26 (220% above fair value)
Industry Position: 34.8% above the Hardware median (#1146 of 2493)
No single metric tells the full story. See the PCRFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Holdings Corp is engaged in the development, manufacture, and sale of a wide range of electronic and electrical products. The company operates through six segments. The Lifestyle segment provides home appliances such as refrigerators, air conditioners, and beauty and hair care devices. The Automotive segment offers in-vehicle infotainment systems, speaker systems, and advanced driver assistance systems. The Connect segment supplies communication systems, welding machines, and projectors. The Industry segment produces electronic components, motors, and factory automation equipment. The Energy segment develops and sells lithium-ion batteries, dry batteries, and small secondary batteries. The Others segment includes the sale of televisions, cameras, and building materials.
62GF Score
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