Fleury MichonXPAR:ALFLE -0.45%77 ROC (Joel Greenblatt) % is 14.37% as of Dec. 2025, which is 88% above its 10-year median of 7.63. GuruFocus rates XPAR:ALFLE with a GF Score™ of 77/100 and a GF Value™ of €24.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,978 Consumer Packaged Goods companies, Fleury Michon ranks worse than 58.54% 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. Fleury Michon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.37%.
The historical rank and industry rank for Fleury Michon's ROC (Joel Greenblatt) % or its related term are showing as below:
XPAR:ALFLE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.96 Med: 7.63 Max: 11.39
Current: 8.92
During the past 13 years, Fleury Michon's highest ROC (Joel Greenblatt) % was 11.39%. The lowest was -7.96%. And the median was 7.63%.
XPAR:ALFLE's ROC (Joel Greenblatt) % is ranked worse than 58.54% of 1978
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs XPAR:ALFLE: 8.92
Fleury Michon's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Fleury Michon ROC (Joel Greenblatt) % Related Terms
Fleury Michon ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Fleury Michon'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.
XPAR:ALFLE vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Fleury Michon'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.
Fleury Michon ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Fleury Michon's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fleury Michon'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 two times the semi-annual (Dec. 2025) 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 14.37% mean?
Fleury Michon (XPAR:ALFLE) has a ROC (Joel Greenblatt) % of 14.37% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fleury Michon and its competitors. This is 88% above median its historical median of 7.63. According to the industry distribution chart, Fleury Michon ranks #1158 out of 1978 companies in the Consumer Packaged Goods industry, placing it in the top 58.5%.
Is Fleury Michon's ROC (Joel Greenblatt) % too high?
Fleury Michon's current ROC (Joel Greenblatt) % of 14.37% is 88% above median its 10-year median of 7.63. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Fleury Michon's value of 14.37% is 19.8% above this industry median. Based on the distribution chart, Fleury Michon ranks #1158 out of 1978 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fleury Michon has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fleury Michon's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fleury Michon ranks #1158 out of 1978 companies for ROC (Joel Greenblatt) %. This places Fleury Michon in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Fleury Michon's value of 14.37% is 19.8% above this benchmark. While the company's 10-year median is 7.63 vs. the industry median of 11.99, Fleury Michon 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 1,978 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. Fleury Michon's current ROC (Joel Greenblatt) % of 14.37% is 19.8% 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 Fleury Michon 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. Fleury Michon's current ROC (Joel Greenblatt) % is 14.37%, which is 88% above median its own 10-year median of 7.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fleury Michon stock overvalued right now?
Based on GuruFocus' analysis, Fleury Michon (XPAR:ALFLE) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.30, compared to a current price of €21.90 — trading 9.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.37%, which is 88% above median its 10-year median of 7.63 and 19.8% above the Consumer Packaged Goods industry median of 11.99. Fleury Michon's overall GF Score™ is 77/100 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 Fleury Michon (XPAR:ALFLE), the current ROC (Joel Greenblatt) % is 14.37% as of Dec. 2025. 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 Fleury Michon (XPAR:ALFLE) Overvalued in 2026?
Based on GuruFocus' analysis, Fleury Michon stock appears to be undervalued.
The current stock price of €21.90 is trading 9.9% below its estimated GF Value™ of €24.30.
GuruFocus considers Fleury Michon to be Modestly Undervalued.
Key valuation signals for XPAR:ALFLE:
ROC (Joel Greenblatt) %: 14.37% (88% above median its 10-year median of 7.63)
GF Value™: €24.30 vs. price of €21.90 (9.9% below fair value)
Industry Position: 19.8% above the Consumer Packaged Goods median (#1158 of 1978)
No single metric tells the full story. See the XPAR:ALFLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fleury Michon is a food company. It produces freshly prepared meal products for everyday eating. The firm's products include pork hams, poultry cuts, ready to eat charcuterie, individually prepared meals, and boxed meals and surimi. The company markets and sells its products under Fleury Michon brand name.
77GF Score
Get the complete analysis for XPAR:ALFLE
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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