Nissin Foods Holdings CoSTU:NF2 -1.95%74 ROC (Joel Greenblatt) % is 8.93% as of Mar. 2026, which is 56% below its 10-year median of 20.08. GuruFocus rates STU:NF2 with a GF Score™ of 74/100 and a GF Value™ of €23.89 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, Nissin Foods Holdings Co ranks better than 62.01% 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. Nissin Foods Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.93%.
The historical rank and industry rank for Nissin Foods Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
STU:NF2'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.55 Med: 20.08 Max: 26.66
Current: 16.39
During the past 13 years, Nissin Foods Holdings Co's highest ROC (Joel Greenblatt) % was 26.66%. The lowest was 15.55%. And the median was 20.08%.
STU:NF2's ROC (Joel Greenblatt) % is ranked better than 62.01% of 1969
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs STU:NF2: 16.39
Nissin Foods Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.70% per year.
Nissin Foods Holdings Co (STU:NF2) 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.
Nissin Foods Holdings Co ROC (Joel Greenblatt) % Related Terms
Nissin Foods Holdings Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Nissin Foods Holdings 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.
Nissin Foods Holdings Co ROC (Joel Greenblatt) % Chart
STU:NF2 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Nissin Foods Holdings 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.
Nissin Foods Holdings Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nissin Foods Holdings Co's ROC (Joel Greenblatt) % falls into.
Nissin Foods Holdings 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 (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 8.93% mean?
Nissin Foods Holdings Co (STU:NF2) has a ROC (Joel Greenblatt) % of 8.93% 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 Nissin Foods Holdings Co and its competitors. This is 56% below median its historical median of 20.08. Over the past decade, Nissin Foods Holdings Co's ROC (Joel Greenblatt) % has ranged from 15.55 to 26.66. According to the industry distribution chart, Nissin Foods Holdings Co ranks #748 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 38%.
Is Nissin Foods Holdings Co's ROC (Joel Greenblatt) % too high?
Nissin Foods Holdings Co's current ROC (Joel Greenblatt) % of 8.93% is 56% below median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 15.55 to a high of 26.66. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Nissin Foods Holdings Co's value of 8.93% is 25.5% below this industry median. Based on the distribution chart, Nissin Foods Holdings Co ranks #748 out of 1969 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nissin Foods Holdings Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissin Foods Holdings Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nissin Foods Holdings Co ranks #748 out of 1969 companies for ROC (Joel Greenblatt) %. This puts Nissin Foods Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Nissin Foods Holdings Co's value of 8.93% is 25.5% below this benchmark. Historically, Nissin Foods Holdings Co's own ROC (Joel Greenblatt) % has ranged from 15.55 to 26.66 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 11.99, Nissin Foods Holdings Co 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 11.99, 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. Nissin Foods Holdings Co's current ROC (Joel Greenblatt) % of 8.93% is 25.5% 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 Nissin Foods Holdings 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. Nissin Foods Holdings Co's current ROC (Joel Greenblatt) % is 8.93%, which is 56% below median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin Foods Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Foods Holdings Co (STU:NF2) is currently considered Significantly Undervalued. The stock's GF Value™ is €23.89, compared to a current price of €15.10 — trading 36.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.93%, which is 56% below median its 10-year median of 20.08 and 25.5% below the Consumer Packaged Goods industry median of 11.99. Nissin Foods Holdings Co's overall GF Score™ is 74/100 with 4 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 Nissin Foods Holdings Co (STU:NF2), the current ROC (Joel Greenblatt) % is 8.93% 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 Nissin Foods Holdings Co (STU:NF2) Overvalued in 2026?
Based on GuruFocus' analysis, Nissin Foods Holdings Co stock appears to be undervalued.
The current stock price of €15.10 is trading 36.8% below its estimated GF Value™ of €23.89.
GuruFocus considers Nissin Foods Holdings Co to be Significantly Undervalued.
Key valuation signals for STU:NF2:
ROC (Joel Greenblatt) %: 8.93% (56% below median its 10-year median of 20.08)
GF Value™: €23.89 vs. price of €15.10 (36.8% below fair value)
Industry Position: 25.5% below the Consumer Packaged Goods median (#748 of 1969)
No single metric tells the full story. See the STU:NF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.
74GF Score
Get the complete analysis for STU:NF2
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:NF2 has been successfully added to your 
