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. Planet Green Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.71%.
The historical rank and industry rank for Planet Green Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
PLAG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -335.04 Med: -60.75 Max: -0.72
Current: -232.1
During the past 13 years, Planet Green Holdings's highest ROC (Joel Greenblatt) % was -0.72%. The lowest was -335.04%. And the median was -60.75%.
PLAG's ROC (Joel Greenblatt) % is ranked worse than 97.69% of 562
companies
in the Conglomerates industry
Industry Median: 14.7
vs PLAG: -232.10
Planet Green Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.70% per year.
Planet Green Holdings (AMEX:PLAG) 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.
Planet Green Holdings ROC (Joel Greenblatt) % Related Terms
Planet Green Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Planet Green 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.
Planet Green Holdings ROC (Joel Greenblatt) % Chart
PLAG vs LGPS, STRR, HHS: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Planet Green 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.
Planet Green Holdings ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Planet Green Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Planet Green Holdings's ROC (Joel Greenblatt) % falls into.
Planet Green 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:
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 47.71% mean?
Planet Green Holdings (PLAG) has a ROC (Joel Greenblatt) % of 47.71% 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 Planet Green Holdings and its competitors. According to the industry distribution chart, Planet Green Holdings ranks #549 out of 562 companies in the Conglomerates industry, placing it in the top 97.7%.
Is Planet Green Holdings' ROC (Joel Greenblatt) % too high?
Planet Green Holdings' current ROC (Joel Greenblatt) % is 47.71%. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.70. Planet Green Holdings' value of 47.71% is 224.6% above this industry median. Based on the distribution chart, Planet Green Holdings ranks #549 out of 562 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Planet Green Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Green Holdings' ROC (Joel Greenblatt) % compare to LGPS and STRR?
According to the Conglomerates industry distribution chart, Planet Green Holdings ranks #549 out of 562 companies for ROC (Joel Greenblatt) %. This places Planet Green Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.70. Planet Green Holdings' value of 47.71% is 224.6% above this benchmark. 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.70, based on 562 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. Planet Green Holdings's current ROC (Joel Greenblatt) % of 47.71% is 224.6% 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 Planet Green Holdings and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Green Holdings's current ROC (Joel Greenblatt) % is 47.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Green Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet Green Holdings (PLAG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.28, compared to a current price of $1.88 — trading 46.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.71% and 224.6% above the Conglomerates industry median of 14.70. Planet Green Holdings' overall GF Score™ is 47/100 with 8 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 Planet Green Holdings (PLAG), the current ROC (Joel Greenblatt) % is 47.71% 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 Planet Green Holdings (PLAG) Overvalued in 2026?
Based on GuruFocus' analysis, Planet Green Holdings stock appears to be overvalued.
The current stock price of $1.88 is trading 46.9% above its estimated GF Value™ of $1.28.
GuruFocus considers Planet Green Holdings to be Significantly Overvalued.
Key valuation signals for PLAG:
ROC (Joel Greenblatt) %: 47.71%
GF Value™: $1.28 vs. price of $1.88 (46.9% above fair value)
Industry Position: 224.6% above the Conglomerates median (#549 of 562)
No single metric tells the full story. See the PLAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
47GF Score
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