Millennium Global Holdings (PHS:MG) ROC (Joel Greenblatt) %: 1.49% (As of Mar. 2026) — 12% Below Median


What is Millennium Global Holdings ROC (Joel Greenblatt) %?

Millennium Global Holdings PHS:MG ROC (Joel Greenblatt) % is 1.49% as of Mar. 2026, which is 12% below its 10-year median of 1.70. The stock has 9 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, Millennium Global Holdings ranks worse than 77.35% 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. Millennium Global Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.49%.

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

PHS:MG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.45   Med: 1.7   Max: 6.34
Current: 0.45

During the past 13 years, Millennium Global Holdings's highest ROC (Joel Greenblatt) % was 6.34%. The lowest was 0.45%. And the median was 1.70%.

PHS:MG's ROC (Joel Greenblatt) % is ranked worse than
77.35% of 1969 companies
in the Consumer Packaged Goods industry
Industry Median: 12.02 vs PHS:MG: 0.45

Millennium Global Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -16.40% per year.


Millennium Global Holdings  (PHS:MG) 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.


Millennium Global Holdings ROC (Joel Greenblatt) % Related Terms


Millennium Global Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Millennium Global 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.

Millennium Global Holdings ROC (Joel Greenblatt) % Chart

Millennium Global Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.72 1.68 0.86 0.48

Millennium Global Holdings 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 1.86 3.62 3.05 -6.86 1.49

PHS:MG vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Millennium Global 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.


Millennium Global Holdings ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Millennium Global Holdings's ROC (Joel Greenblatt) % falls into.



Millennium Global Holdings 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)
=(971.973 + 412.763 + 114.633) - (220.763 + 0 + 2.798)
=1275.808

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(821.257 + 618.381 + 112.934) - (197.941 + 0 + 12.731)
=1341.9

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Millennium Global Holdings 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 )
=22.708/( ( (211.878 + max(1275.808, 0)) + (211.396 + max(1341.9, 0)) )/ 2 )
=22.708/( ( 1487.686 + 1553.296 )/ 2 )
=22.708/1520.491
=1.49 %

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 1.49% mean?
Millennium Global Holdings (PHS:MG) has a ROC (Joel Greenblatt) % of 1.49% 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 Millennium Global Holdings and its competitors. This is 12% below median its historical median of 1.70. Over the past decade, Millennium Global Holdings' ROC (Joel Greenblatt) % has ranged from 0.45 to 6.34. According to the industry distribution chart, Millennium Global Holdings ranks #1523 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 77.3%.
Is Millennium Global Holdings' ROC (Joel Greenblatt) % too high?
Millennium Global Holdings' current ROC (Joel Greenblatt) % of 1.49% is 12% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 6.34. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.02. Millennium Global Holdings' value of 1.49% is 87.6% below this industry median. Based on the distribution chart, Millennium Global Holdings ranks #1523 out of 1969 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Millennium Global Holdings' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Millennium Global Holdings ranks #1523 out of 1969 companies for ROC (Joel Greenblatt) %. This places Millennium Global Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. Millennium Global Holdings' value of 1.49% is 87.6% below this benchmark. Historically, Millennium Global Holdings' own ROC (Joel Greenblatt) % has ranged from 0.45 to 6.34 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 12.02, Millennium Global Holdings has consistently been below 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.02, based on 1,969 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. Millennium Global Holdings's current ROC (Joel Greenblatt) % of 1.49% is 87.6% below 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 Millennium Global Holdings and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Global Holdings's current ROC (Joel Greenblatt) % is 1.49%, which is 12% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Global Holdings (PHS:MG) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.09, compared to a current price of ₱0.06 — trading 32.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1.49%, which is 12% below median its 10-year median of 1.70 and 87.6% below the Consumer Packaged Goods industry median of 12.02. 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 Millennium Global Holdings (PHS:MG), the current ROC (Joel Greenblatt) % is 1.49% 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.

Millennium Global Holdings Business Description

Address Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Millennium Global Holdings Inc is a general holding company. Through its subsidiaries, it is engaged in the processing of seafood and aquaculture products for export and trading of imported marine and other related products. Its key business activity is the processing and export of seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, etc. It derives its revenue from the export sales of aquatic and marine products. The company's operations are geographically located in Japan, Korea, Taiwan, and Hongkong.