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PharmenaWAR:PHR 54 ROC (Joel Greenblatt) % is -256.68% as of Mar. 2026. GuruFocus rates WAR:PHR with a GF Score™ of 54/100 and a GF Value™ of zł5.65 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,322 Biotechnology companies, Pharmena ranks worse than 55.22% 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. Pharmena's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -256.68%.
The historical rank and industry rank for Pharmena's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:PHR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3069.67 Med: -531.5 Max: -0.41
Current: -431.32
During the past 13 years, Pharmena's highest ROC (Joel Greenblatt) % was -0.41%. The lowest was -3069.67%. And the median was -531.50%.
WAR:PHR's ROC (Joel Greenblatt) % is ranked worse than 55.22% of 1322
companies
in the Biotechnology industry
Industry Median: -291.605
vs WAR:PHR: -431.32
Pharmena's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.10% per year.
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.
The historical data trend for Pharmena'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:PHR vs VRTX, REGN, RVMD: ROC (Joel Greenblatt) % Comparison
For the Biotechnology subindustry, Pharmena'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.
Pharmena ROC (Joel Greenblatt) % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Pharmena's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pharmena'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 (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 -256.68% mean?
Pharmena (WAR:PHR) has a ROC (Joel Greenblatt) % of -256.68% 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 Pharmena and its competitors. According to the industry distribution chart, Pharmena ranks #730 out of 1322 companies in the Biotechnology industry, placing it in the top 55.2%.
Is Pharmena's ROC (Joel Greenblatt) % too high?
Pharmena's current ROC (Joel Greenblatt) % is -256.68%. Based on the distribution chart, Pharmena ranks #730 out of 1322 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Pharmena has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pharmena's ROC (Joel Greenblatt) % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pharmena ranks #730 out of 1322 companies for ROC (Joel Greenblatt) %. This places Pharmena in the lower half of its industry. 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 Biotechnology company?
A good ROC (Joel Greenblatt) % depends on the Biotechnology industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Pharmena and its competitors. Pharmena's current ROC (Joel Greenblatt) % is -256.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmena stock overvalued right now?
Based on GuruFocus' analysis, Pharmena (WAR:PHR) is currently considered Possible Value Trap. The stock's GF Value™ is zł5.65, compared to a current price of zł3.08 — trading 45.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -256.68%. Pharmena's overall GF Score™ is 54/100 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 Pharmena (WAR:PHR), the current ROC (Joel Greenblatt) % is -256.68% 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 Pharmena (WAR:PHR) Overvalued in 2026?
Based on GuruFocus' analysis, Pharmena stock appears to be undervalued.
The current stock price of zł3.08 is trading 45.5% below its estimated GF Value™ of zł5.65.
GuruFocus considers Pharmena to be Possible Value Trap.
Key valuation signals for WAR:PHR:
ROC (Joel Greenblatt) %: -256.68%
GF Value™: zł5.65 vs. price of zł3.08 (45.5% below fair value)
No single metric tells the full story. See the WAR:PHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pharmena SA produces cosmeceuticals and pharmaceuticals. The company's activity focuses on three areas such as research in the USA and Canada on the application of selected pyridinium salts in medicine in order to develop an anti-atherosclerosis drug on a global scale, Production and sales of innovative patented dermocosmetics and introduction into the market of an innovative dietary supplement for atherosclerosis prophylaxis. Its products include Menavitin, Dermena, Allerco and Thermi.
54GF Score
Get the complete analysis for WAR:PHR
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