Panasonic Manufacturing PhilippinesPHS:PMPC -0.12%86 ROC (Joel Greenblatt) % is 8.38% as of Dec. 2025, which is 52% below its 10-year median of 17.31. GuruFocus rates PHS:PMPC with a GF Score™ of 86/100 and a GF Value™ of ₱6.43 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,489 Hardware companies, Panasonic Manufacturing Philippines ranks better than 89.71% 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 Manufacturing Philippines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.38%.
The historical rank and industry rank for Panasonic Manufacturing Philippines's ROC (Joel Greenblatt) % or its related term are showing as below:
PHS:PMPC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.6 Med: 17.31 Max: 63.18
Current: 59.35
During the past 13 years, Panasonic Manufacturing Philippines's highest ROC (Joel Greenblatt) % was 63.18%. The lowest was 11.60%. And the median was 17.31%.
PHS:PMPC's ROC (Joel Greenblatt) % is ranked better than 89.71% of 2489
companies
in the Hardware industry
Industry Median: 10.35
vs PHS:PMPC: 59.35
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.
PHS:PMPC vs AAPL: ROC (Joel Greenblatt) % Comparison
For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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 Manufacturing Philippines ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Panasonic Manufacturing Philippines'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 (Dec. 2025) 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 8.38% mean?
Panasonic Manufacturing Philippines (PHS:PMPC) has a ROC (Joel Greenblatt) % of 8.38% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Panasonic Manufacturing Philippines and its competitors. This is 52% below median its historical median of 17.31. Over the past decade, Panasonic Manufacturing Philippines' ROC (Joel Greenblatt) % has ranged from 11.60 to 63.18. According to the industry distribution chart, Panasonic Manufacturing Philippines ranks #256 out of 2489 companies in the Hardware industry, placing it in the top 10.3%.
Is Panasonic Manufacturing Philippines' ROC (Joel Greenblatt) % too high?
Panasonic Manufacturing Philippines' current ROC (Joel Greenblatt) % of 8.38% is 52% below median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 11.60 to a high of 63.18. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Panasonic Manufacturing Philippines' value of 8.38% is 19% below this industry median. Based on the distribution chart, Panasonic Manufacturing Philippines ranks #256 out of 2489 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Manufacturing Philippines has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Manufacturing Philippines' ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Panasonic Manufacturing Philippines ranks #256 out of 2489 companies for ROC (Joel Greenblatt) %. This places Panasonic Manufacturing Philippines in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.35. Panasonic Manufacturing Philippines' value of 8.38% is 19% below this benchmark. Historically, Panasonic Manufacturing Philippines' own ROC (Joel Greenblatt) % has ranged from 11.60 to 63.18 over the past decade. While the company's 10-year median is 17.31 vs. the industry median of 10.35, Panasonic Manufacturing Philippines 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,489 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 Manufacturing Philippines's current ROC (Joel Greenblatt) % of 8.38% is 19% 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 Panasonic Manufacturing Philippines 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 Manufacturing Philippines's current ROC (Joel Greenblatt) % is 8.38%, which is 52% below median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Manufacturing Philippines stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Manufacturing Philippines (PHS:PMPC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱6.43, compared to a current price of ₱8.59 — trading 33.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.38%, which is 52% below median its 10-year median of 17.31 and 19% below the Hardware industry median of 10.35. Panasonic Manufacturing Philippines' overall GF Score™ is 86/100 with 2 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 Manufacturing Philippines (PHS:PMPC), the current ROC (Joel Greenblatt) % is 8.38% as of Dec. 2025. 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 Manufacturing Philippines (PHS:PMPC) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Manufacturing Philippines stock appears to be overvalued.
The current stock price of ₱8.59 is trading 33.6% above its estimated GF Value™ of ₱6.43.
GuruFocus considers Panasonic Manufacturing Philippines to be Significantly Overvalued.
Key valuation signals for PHS:PMPC:
ROC (Joel Greenblatt) %: 8.38% (52% below median its 10-year median of 17.31)
GF Value™: ₱6.43 vs. price of ₱8.59 (33.6% above fair value)
Industry Position: 19% below the Hardware median (#256 of 2489)
No single metric tells the full story. See the PHS:PMPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Manufacturing Philippines Business Description
Panasonic Manufacturing Philippines Corp is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Electric Works (EW) includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hong Kong, and Taiwan.
86GF Score
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