Victorias Milling CoPHS:VMC 93 ROC (Joel Greenblatt) % is 21.25% as of Feb. 2026, which is 34% above its 10-year median of 15.85. GuruFocus rates PHS:VMC with a GF Score™ of 93/100 and a GF Value™ of ₱1.98 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,971 Consumer Packaged Goods companies, Victorias Milling Co ranks better than 50.53% 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. Victorias Milling Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 21.25%.
The historical rank and industry rank for Victorias Milling Co's ROC (Joel Greenblatt) % or its related term are showing as below:
PHS:VMC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.07 Med: 15.85 Max: 23.27
Current: 12.16
During the past 13 years, Victorias Milling Co's highest ROC (Joel Greenblatt) % was 23.27%. The lowest was 12.07%. And the median was 15.85%.
PHS:VMC's ROC (Joel Greenblatt) % is ranked better than 50.53% of 1971
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs PHS:VMC: 12.16
Victorias Milling Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.60% per year.
Victorias Milling Co (PHS:VMC) 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.
Victorias Milling Co ROC (Joel Greenblatt) % Related Terms
Victorias Milling Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Victorias Milling Co'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.
Victorias Milling Co ROC (Joel Greenblatt) % Chart
PHS:VMC vs MDLZ, HSY, TR: ROC (Joel Greenblatt) % Comparison
For the Confectioners subindustry, Victorias Milling Co'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.
Victorias Milling Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Victorias Milling Co's ROC (Joel Greenblatt) % falls into.
Victorias Milling Co 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:
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 (Feb. 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 21.25% mean?
Victorias Milling Co (PHS:VMC) has a ROC (Joel Greenblatt) % of 21.25% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Victorias Milling Co and its competitors. This is 34% above median its historical median of 15.85. Over the past decade, Victorias Milling Co's ROC (Joel Greenblatt) % has ranged from 12.07 to 23.27. According to the industry distribution chart, Victorias Milling Co ranks #975 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 49.5%.
Is Victorias Milling Co's ROC (Joel Greenblatt) % too high?
Victorias Milling Co's current ROC (Joel Greenblatt) % of 21.25% is 34% above median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 12.07 to a high of 23.27. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Victorias Milling Co's value of 21.25% is 77.2% above this industry median. Based on the distribution chart, Victorias Milling Co ranks #975 out of 1971 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Victorias Milling Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's ROC (Joel Greenblatt) % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Victorias Milling Co ranks #975 out of 1971 companies for ROC (Joel Greenblatt) %. This puts Victorias Milling Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Victorias Milling Co's value of 21.25% is 77.2% above this benchmark. Historically, Victorias Milling Co's own ROC (Joel Greenblatt) % has ranged from 12.07 to 23.27 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 11.99, Victorias Milling Co 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,971 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. Victorias Milling Co's current ROC (Joel Greenblatt) % of 21.25% is 77.2% 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 Victorias Milling Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victorias Milling Co's current ROC (Joel Greenblatt) % is 21.25%, which is 34% above median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.98, compared to a current price of ₱1.98 — trading right at its estimated fair value. The current ROC (Joel Greenblatt) % is 21.25%, which is 34% above median its 10-year median of 15.85 and 77.2% above the Consumer Packaged Goods industry median of 11.99. Victorias Milling Co's overall GF Score™ is 93/100 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 Victorias Milling Co (PHS:VMC), the current ROC (Joel Greenblatt) % is 21.25% as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?
Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued.
The current stock price of ₱1.98 is trading 0% below its estimated GF Value™ of ₱1.98.
GuruFocus considers Victorias Milling Co to be Fairly Valued.
Key valuation signals for PHS:VMC:
ROC (Joel Greenblatt) %: 21.25% (34% above median its 10-year median of 15.85)
GF Value™: ₱1.98 vs. price of ₱1.98 (0% below fair value)
Industry Position: 77.2% above the Consumer Packaged Goods median (#975 of 1971)
No single metric tells the full story. See the PHS:VMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
93GF Score
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