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Mennica PolskaWAR:MNC -0.94%84 ROC (Joel Greenblatt) % is 62.25% as of Mar. 2026, which is 100% above its 10-year median of 31.20. GuruFocus rates WAR:MNC with a GF Score™ of 84/100 and a GF Value™ of zł35.82 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 3,062 Industrial Products companies, Mennica Polska ranks better than 97.98% 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. Mennica Polska's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 62.25%.
The historical rank and industry rank for Mennica Polska's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:MNC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.65 Med: 31.2 Max: 144.18
Current: 144.18
During the past 13 years, Mennica Polska's highest ROC (Joel Greenblatt) % was 144.18%. The lowest was 4.65%. And the median was 31.20%.
WAR:MNC's ROC (Joel Greenblatt) % is ranked better than 97.98% of 3062
companies
in the Industrial Products industry
Industry Median: 11.585
vs WAR:MNC: 144.18
Mennica Polska's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 33.10% per year.
Mennica Polska (WAR:MNC) 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.
Mennica Polska ROC (Joel Greenblatt) % Related Terms
Mennica Polska ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mennica Polska'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.
WAR:MNC vs CRS, ATI, MLI: ROC (Joel Greenblatt) % Comparison
For the Metal Fabrication subindustry, Mennica Polska'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.
Mennica Polska ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mennica Polska's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mennica Polska's ROC (Joel Greenblatt) % falls into.
Mennica Polska 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 62.25% mean?
Mennica Polska (WAR:MNC) has a ROC (Joel Greenblatt) % of 62.25% 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 Mennica Polska and its competitors. This is 100% above median its historical median of 31.20. Over the past decade, Mennica Polska's ROC (Joel Greenblatt) % has ranged from 4.65 to 144.18. According to the industry distribution chart, Mennica Polska ranks #62 out of 3062 companies in the Industrial Products industry, placing it in the top 2%.
Is Mennica Polska's ROC (Joel Greenblatt) % too high?
Mennica Polska's current ROC (Joel Greenblatt) % of 62.25% is 100% above median its 10-year median of 31.20. Over the past 10 years, this metric has ranged from a low of 4.65 to a high of 144.18. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. Mennica Polska's value of 62.25% is 437.3% above this industry median. Based on the distribution chart, Mennica Polska ranks #62 out of 3062 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mennica Polska has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mennica Polska's ROC (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Mennica Polska ranks #62 out of 3062 companies for ROC (Joel Greenblatt) %. This places Mennica Polska in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.59. Mennica Polska's value of 62.25% is 437.3% above this benchmark. Historically, Mennica Polska's own ROC (Joel Greenblatt) % has ranged from 4.65 to 144.18 over the past decade. While the company's 10-year median is 31.20 vs. the industry median of 11.59, Mennica Polska 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.59, based on 3,062 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. Mennica Polska's current ROC (Joel Greenblatt) % of 62.25% is 437.3% 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 Mennica Polska and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mennica Polska's current ROC (Joel Greenblatt) % is 62.25%, which is 100% above median its own 10-year median of 31.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mennica Polska stock overvalued right now?
Based on GuruFocus' analysis, Mennica Polska (WAR:MNC) is currently considered Modestly Overvalued. The stock's GF Value™ is zł35.82, compared to a current price of zł42.00 — trading 17.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 62.25%, which is 100% above median its 10-year median of 31.20 and 437.3% above the Industrial Products industry median of 11.59. Mennica Polska's overall GF Score™ is 84/100 with 7 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 Mennica Polska (WAR:MNC), the current ROC (Joel Greenblatt) % is 62.25% 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 Mennica Polska (WAR:MNC) Overvalued in 2026?
Based on GuruFocus' analysis, Mennica Polska stock appears to be overvalued.
The current stock price of zł42.00 is trading 17.3% above its estimated GF Value™ of zł35.82.
GuruFocus considers Mennica Polska to be Modestly Overvalued.
Key valuation signals for WAR:MNC:
ROC (Joel Greenblatt) %: 62.25% (100% above median its 10-year median of 31.20)
GF Value™: zł35.82 vs. price of zł42.00 (17.3% above fair value)
Industry Position: 437.3% above the Industrial Products median (#62 of 3062)
No single metric tells the full story. See the WAR:MNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mennica Polska SA is a metal processing company in Poland. It is one of the country's leading producers and distributors of mint and engraving/medal products. The activities of the company are focused on four markets, namely mint products, precious metals processing, ICT services and property development. Mennica's core activity is the production of coins in circulation in Poland. Additionally, it also produces badges, medals, and token coins. In its precious metals segment, the company manufactures catalytic gauzes, paints, equipment for glass furnaces, rolled and drawn precious metal products. The Electronic payment segment deals with the operation of card systems, the sale of public transport tickets and other payment systems.
84GF Score
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