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. Archer-Daniels-Midland Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.53%.
The historical rank and industry rank for Archer-Daniels-Midland Co's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:ADM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.28 Med: 14.13 Max: 26.82
Current: 9.68
During the past 13 years, Archer-Daniels-Midland Co's highest ROC (Joel Greenblatt) % was 26.82%. The lowest was 9.28%. And the median was 14.13%.
XSWX:ADM's ROC (Joel Greenblatt) % is ranked worse than 56.66% of 1973
companies
in the Consumer Packaged Goods industry
Industry Median: 12.07
vs XSWX:ADM: 9.68
Archer-Daniels-Midland Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.50% per year.
Archer-Daniels-Midland Co (XSWX:ADM) 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.
Archer-Daniels-Midland Co ROC (Joel Greenblatt) % Related Terms
Archer-Daniels-Midland Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Archer-Daniels-Midland 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.
Archer-Daniels-Midland Co ROC (Joel Greenblatt) % Chart
XSWX:ADM vs BG, TSN, CALM: ROC (Joel Greenblatt) % Comparison
For the Farm Products subindustry, Archer-Daniels-Midland 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.
Archer-Daniels-Midland Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Archer-Daniels-Midland Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Archer-Daniels-Midland Co's ROC (Joel Greenblatt) % falls into.
Archer-Daniels-Midland 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 10.53% mean?
Archer-Daniels-Midland Co (XSWX:ADM) has a ROC (Joel Greenblatt) % of 10.53% 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 Archer-Daniels-Midland Co and its competitors. This is 25% below median its historical median of 14.13. Over the past decade, Archer-Daniels-Midland Co's ROC (Joel Greenblatt) % has ranged from 9.28 to 26.82. According to the industry distribution chart, Archer-Daniels-Midland Co ranks #1118 out of 1973 companies in the Consumer Packaged Goods industry, placing it in the top 56.7%.
Is Archer-Daniels-Midland Co's ROC (Joel Greenblatt) % too high?
Archer-Daniels-Midland Co's current ROC (Joel Greenblatt) % of 10.53% is 25% below median its 10-year median of 14.13. Over the past 10 years, this metric has ranged from a low of 9.28 to a high of 26.82. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.07. Archer-Daniels-Midland Co's value of 10.53% is 12.8% below this industry median. Based on the distribution chart, Archer-Daniels-Midland Co ranks #1118 out of 1973 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Archer-Daniels-Midland Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Archer-Daniels-Midland Co's ROC (Joel Greenblatt) % compare to BG and TSN?
According to the Consumer Packaged Goods industry distribution chart, Archer-Daniels-Midland Co ranks #1118 out of 1973 companies for ROC (Joel Greenblatt) %. This places Archer-Daniels-Midland Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.07. Archer-Daniels-Midland Co's value of 10.53% is 12.8% below this benchmark. Historically, Archer-Daniels-Midland Co's own ROC (Joel Greenblatt) % has ranged from 9.28 to 26.82 over the past decade. While the company's 10-year median is 14.13 vs. the industry median of 12.07, Archer-Daniels-Midland 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 12.07, based on 1,973 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. Archer-Daniels-Midland Co's current ROC (Joel Greenblatt) % of 10.53% is 12.8% 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 Archer-Daniels-Midland Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Archer-Daniels-Midland Co's current ROC (Joel Greenblatt) % is 10.53%, which is 25% below median its own 10-year median of 14.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Archer-Daniels-Midland Co stock overvalued right now?
Archer-Daniels-Midland Co (XSWX:ADM) has a current ROC (Joel Greenblatt) % of 10.53%. The stock's GF Value™ is CHF48.38, compared to a current price of CHF62.13 — trading 28.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.53%, which is 25% below median its 10-year median of 14.13 and 12.8% below the Consumer Packaged Goods industry median of 12.07. Archer-Daniels-Midland Co's overall GF Score™ is 75/100 with 10 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 Archer-Daniels-Midland Co (XSWX:ADM), the current ROC (Joel Greenblatt) % is 10.53% 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 Archer-Daniels-Midland Co (XSWX:ADM) Overvalued in 2026?
Based on GuruFocus' analysis, Archer-Daniels-Midland Co stock appears to be overvalued.
The current stock price of CHF62.13 is trading 28.4% above its estimated GF Value™ of CHF48.38.
Key valuation signals for XSWX:ADM:
ROC (Joel Greenblatt) %: 10.53% (25% below median its 10-year median of 14.13)
GF Value™: CHF48.38 vs. price of CHF62.13 (28.4% above fair value)
Industry Position: 12.8% below the Consumer Packaged Goods median (#1118 of 1973)
No single metric tells the full story. See the XSWX:ADM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Archer-Daniels-Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.
75GF Score
Get the complete analysis for XSWX:ADM
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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