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Turners Automotive GroupASX:TRA 46 ROC (Joel Greenblatt) % is 18.59% as of Mar. 2026, which is 67% below its 10-year median of 57.11. GuruFocus rates ASX:TRA with a GF Score™ of 46/100 and a GF Value™ of A$3.64 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Turners Automotive Group ranks better than 79.2% 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. Turners Automotive Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.59%.
The historical rank and industry rank for Turners Automotive Group's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:TRA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.99 Med: 57.11 Max: 61.82
Current: 25.99
During the past 13 years, Turners Automotive Group's highest ROC (Joel Greenblatt) % was 61.82%. The lowest was 25.99%. And the median was 57.11%.
ASX:TRA's ROC (Joel Greenblatt) % is ranked better than 79.2% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 11.965
vs ASX:TRA: 25.99
Turners Automotive Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.00% per year.
Turners Automotive Group (ASX:TRA) 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.
Turners Automotive Group ROC (Joel Greenblatt) % Related Terms
Turners Automotive Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Turners Automotive Group'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.
Turners Automotive Group ROC (Joel Greenblatt) % Chart
ASX:TRA vs CVNA, PAG, ALTB: ROC (Joel Greenblatt) % Comparison
For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.
Turners Automotive Group ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Turners Automotive Group's ROC (Joel Greenblatt) % falls into.
Turners Automotive Group 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 two times the semi-annual (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 18.59% mean?
Turners Automotive Group (ASX:TRA) has a ROC (Joel Greenblatt) % of 18.59% 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 Turners Automotive Group and its competitors. This is 67% below median its historical median of 57.11. Over the past decade, Turners Automotive Group's ROC (Joel Greenblatt) % has ranged from 25.99 to 61.82. According to the industry distribution chart, Turners Automotive Group ranks #277 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 20.8%.
Is Turners Automotive Group's ROC (Joel Greenblatt) % too high?
Turners Automotive Group's current ROC (Joel Greenblatt) % of 18.59% is 67% below median its 10-year median of 57.11. Over the past 10 years, this metric has ranged from a low of 25.99 to a high of 61.82. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. Turners Automotive Group's value of 18.59% is 55.4% above this industry median. Based on the distribution chart, Turners Automotive Group ranks #277 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Turners Automotive Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's ROC (Joel Greenblatt) % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #277 out of 1332 companies for ROC (Joel Greenblatt) %. This places Turners Automotive Group in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.97. Turners Automotive Group's value of 18.59% is 55.4% above this benchmark. Historically, Turners Automotive Group's own ROC (Joel Greenblatt) % has ranged from 25.99 to 61.82 over the past decade. While the company's 10-year median is 57.11 vs. the industry median of 11.97, Turners Automotive Group 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,332 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. Turners Automotive Group's current ROC (Joel Greenblatt) % of 18.59% is 55.4% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current ROC (Joel Greenblatt) % is 18.59%, which is 67% below median its own 10-year median of 57.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (ASX:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.64, compared to a current price of A$7.03 — trading 93.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 18.59%, which is 67% below median its 10-year median of 57.11 and 55.4% above the Vehicles & Parts industry median of 11.97. Turners Automotive Group's overall GF Score™ is 46/100 with 11 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 Turners Automotive Group (ASX:TRA), the current ROC (Joel Greenblatt) % is 18.59% 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 Turners Automotive Group (ASX:TRA) Overvalued in 2026?
Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued.
The current stock price of A$7.03 is trading 93.1% above its estimated GF Value™ of A$3.64.
GuruFocus considers Turners Automotive Group to be Significantly Overvalued.
Key valuation signals for ASX:TRA:
ROC (Joel Greenblatt) %: 18.59% (67% below median its 10-year median of 57.11)
GF Value™: A$3.64 vs. price of A$7.03 (93.1% above fair value)
Industry Position: 55.4% above the Vehicles & Parts median (#277 of 1332)
No single metric tells the full story. See the ASX:TRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
46GF Score
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