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Atlantic Grupa DDZAG:ATGR 91 ROC (Joel Greenblatt) % is 12.31% as of Jun. 2026, which is 39% below its 10-year median of 20.03. GuruFocus rates ZAG:ATGR with a GF Score™ of 91/100 and a GF Value™ of €58.77 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,981 Consumer Packaged Goods companies, Atlantic Grupa DD ranks worse than 50.78% 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. Atlantic Grupa DD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.31%.
The historical rank and industry rank for Atlantic Grupa DD's ROC (Joel Greenblatt) % or its related term are showing as below:
ZAG:ATGR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.68 Med: 20.03 Max: 28.89
Current: 11.88
During the past 13 years, Atlantic Grupa DD's highest ROC (Joel Greenblatt) % was 28.89%. The lowest was 11.68%. And the median was 20.03%.
ZAG:ATGR's ROC (Joel Greenblatt) % is ranked worse than 50.78% of 1981
companies
in the Consumer Packaged Goods industry
Industry Median: 12.05
vs ZAG:ATGR: 11.88
Atlantic Grupa DD's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.20% per year.
Atlantic Grupa DD (ZAG:ATGR) 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.
Atlantic Grupa DD ROC (Joel Greenblatt) % Related Terms
Atlantic Grupa DD ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Atlantic Grupa DD'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.
ZAG:ATGR vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Atlantic Grupa DD'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.
Atlantic Grupa DD ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Atlantic Grupa DD's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Atlantic Grupa DD's ROC (Joel Greenblatt) % falls into.
Atlantic Grupa DD 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 (Jun. 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 12.31% mean?
Atlantic Grupa DD (ZAG:ATGR) has a ROC (Joel Greenblatt) % of 12.31% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Atlantic Grupa DD and its competitors. This is 39% below median its historical median of 20.03. Over the past decade, Atlantic Grupa DD's ROC (Joel Greenblatt) % has ranged from 11.68 to 28.89. According to the industry distribution chart, Atlantic Grupa DD ranks #1006 out of 1981 companies in the Consumer Packaged Goods industry, placing it in the top 50.8%.
Is Atlantic Grupa DD's ROC (Joel Greenblatt) % too high?
Atlantic Grupa DD's current ROC (Joel Greenblatt) % of 12.31% is 39% below median its 10-year median of 20.03. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 28.89. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.05. Atlantic Grupa DD's value of 12.31% is 2.2% above this industry median. Based on the distribution chart, Atlantic Grupa DD ranks #1006 out of 1981 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Atlantic Grupa DD has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlantic Grupa DD's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Atlantic Grupa DD ranks #1006 out of 1981 companies for ROC (Joel Greenblatt) %. This places Atlantic Grupa DD in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Atlantic Grupa DD's value of 12.31% is 2.2% above this benchmark. Historically, Atlantic Grupa DD's own ROC (Joel Greenblatt) % has ranged from 11.68 to 28.89 over the past decade. While the company's 10-year median is 20.03 vs. the industry median of 12.05, Atlantic Grupa DD 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 12.05, based on 1,981 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. Atlantic Grupa DD's current ROC (Joel Greenblatt) % of 12.31% is 2.2% 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 Atlantic Grupa DD and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlantic Grupa DD's current ROC (Joel Greenblatt) % is 12.31%, which is 39% below median its own 10-year median of 20.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantic Grupa DD stock overvalued right now?
Based on GuruFocus' analysis, Atlantic Grupa DD (ZAG:ATGR) is currently considered Modestly Undervalued. The stock's GF Value™ is €58.77, compared to a current price of €50.50 — trading 14.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.31%, which is 39% below median its 10-year median of 20.03 and 2.2% above the Consumer Packaged Goods industry median of 12.05. Atlantic Grupa DD's overall GF Score™ is 91/100 with 6 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 Atlantic Grupa DD (ZAG:ATGR), the current ROC (Joel Greenblatt) % is 12.31% as of Jun. 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 Atlantic Grupa DD (ZAG:ATGR) Overvalued in 2026?
Based on GuruFocus' analysis, Atlantic Grupa DD stock appears to be undervalued.
The current stock price of €50.50 is trading 14.1% below its estimated GF Value™ of €58.77.
GuruFocus considers Atlantic Grupa DD to be Modestly Undervalued.
Key valuation signals for ZAG:ATGR:
ROC (Joel Greenblatt) %: 12.31% (39% below median its 10-year median of 20.03)
GF Value™: €58.77 vs. price of €50.50 (14.1% below fair value)
Industry Position: 2.2% above the Consumer Packaged Goods median (#1006 of 1981)
No single metric tells the full story. See the ZAG:ATGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlantic Grupa DD is a Croatia-based company engaged in the production and distribution of fast-moving consumer goods. The company's strategic business units include SBU Coffee, SBU Savoury Spreads, SBU Snacks, SBU Beverages, SBU Pharmacy business, and BU Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The distribution business is organized to cover markets including Croatia, Serbia, Slovenia, North Macedonia, Russia, and Austria.
91GF Score
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