TVS Holdings (BOM:520056) ROC (Joel Greenblatt) %: 116.95% (As of Jun. 2026) — 176% Above Median

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BOM:520056 TVS Holdings Ltd BOM:520056
86 GF Score
Price ₹13,055.20
GF Value ₹16,208.45
Valuation Modestly Undervalued
! 2 Warning Signs
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What is TVS Holdings ROC (Joel Greenblatt) %?

TVS Holdings BOM:520056 -1.53% 86 ROC (Joel Greenblatt) % is 116.95% as of Jun. 2026, which is 176% above its 10-year median of 42.32. GuruFocus rates BOM:520056 with a GF Score™ of 86/100 and a GF Value™ of ₹16,208.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,340 Vehicles & Parts companies, TVS Holdings ranks better than 97.84% 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. TVS Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 116.95%.

The historical rank and industry rank for TVS Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:520056' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 27.58   Med: 42.32   Max: 118.86
Current: 118.86

During the past 13 years, TVS Holdings's highest ROC (Joel Greenblatt) % was 118.86%. The lowest was 27.58%. And the median was 42.32%.

BOM:520056's ROC (Joel Greenblatt) % is ranked better than
97.84% of 1340 companies
in the Vehicles & Parts industry
Industry Median: 12.19 vs BOM:520056: 118.86

TVS Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 28.20% per year.


TVS Holdings  (BOM:520056) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


TVS Holdings ROC (Joel Greenblatt) % Related Terms


TVS Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TVS Holdings'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.

TVS Holdings ROC (Joel Greenblatt) % Chart

TVS Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.42 59.73 88.16 103.48 105.42

TVS Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.39 115.61 123.50 100.19 116.95

BOM:520056 vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, TVS Holdings'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.


TVS Holdings ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TVS Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where TVS Holdings's ROC (Joel Greenblatt) % falls into.


BOM:520056
86GF Score
TVS Holdings Ltd BOM:520056
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TVS Holdings 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26847.8 + 24592 + 25129) - (112805.9 + 0 + 11692.4)
=-47929.5

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of TVS Holdings for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=96037.6/( ( (82119.7 + max(-47929.5, 0)) + (0 + max(0, 0)) )/ 1 )
=96037.6/( ( 82119.7 + 0 )/ 1 )
=96037.6/82119.7
=116.95 %

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 116.95% mean?
TVS Holdings (BOM:520056) has a ROC (Joel Greenblatt) % of 116.95% 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 TVS Holdings and its competitors. This is 176% above median its historical median of 42.32. Over the past decade, TVS Holdings' ROC (Joel Greenblatt) % has ranged from 27.58 to 118.86. According to the industry distribution chart, TVS Holdings ranks #29 out of 1340 companies in the Vehicles & Parts industry, placing it in the top 2.2%.
Is TVS Holdings' ROC (Joel Greenblatt) % too high?
TVS Holdings' current ROC (Joel Greenblatt) % of 116.95% is 176% above median its 10-year median of 42.32. Over the past 10 years, this metric has ranged from a low of 27.58 to a high of 118.86. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.19. TVS Holdings' value of 116.95% is 859.4% above this industry median. Based on the distribution chart, TVS Holdings ranks #29 out of 1340 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, TVS Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TVS Holdings' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TVS Holdings ranks #29 out of 1340 companies for ROC (Joel Greenblatt) %. This places TVS Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.19. TVS Holdings' value of 116.95% is 859.4% above this benchmark. Historically, TVS Holdings' own ROC (Joel Greenblatt) % has ranged from 27.58 to 118.86 over the past decade. While the company's 10-year median is 42.32 vs. the industry median of 12.19, TVS Holdings 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 12.19, based on 1,340 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. TVS Holdings's current ROC (Joel Greenblatt) % of 116.95% is 859.4% 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 TVS Holdings and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Holdings's current ROC (Joel Greenblatt) % is 116.95%, which is 176% above median its own 10-year median of 42.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Holdings stock overvalued right now?
Based on GuruFocus' analysis, TVS Holdings (BOM:520056) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,208.45, compared to a current price of ₹13,055.20 — trading 19.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 116.95%, which is 176% above median its 10-year median of 42.32 and 859.4% above the Vehicles & Parts industry median of 12.19. TVS Holdings' overall GF Score™ is 86/100 with 2 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 TVS Holdings (BOM:520056), the current ROC (Joel Greenblatt) % is 116.95% 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 TVS Holdings (BOM:520056) Overvalued in 2026?

Based on GuruFocus' analysis, TVS Holdings stock appears to be undervalued. The current stock price of ₹13,055.20 is trading 19.5% below its estimated GF Value™ of ₹16,208.45. GuruFocus considers TVS Holdings to be Modestly Undervalued.

Key valuation signals for BOM:520056:

  • ROC (Joel Greenblatt) %: 116.95% (176% above median its 10-year median of 42.32)
  • GF Value™: ₹16,208.45 vs. price of ₹13,055.20 (19.5% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 859.4% above the Vehicles & Parts median (#29 of 1340)

No single metric tells the full story. See the BOM:520056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVS Holdings Business Description

Other Exchanges TVSHLTD:India
Address No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, TN, IND, 600006
TVS Holdings Ltd is an auto component manufacturing company. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers. The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbochargers, and others. The company has the following reportable operating segments; Automotive components, Financial services, Automotive vehicles and parts, and others. Maximum revenue is generated from its Automotive vehicles and parts segment. Geographically, the company derives its key revenue from the domestic markets and the rest through exports.
86GF Score

Get the complete analysis for BOM:520056

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹13,055.20
Price
₹16,208.45
GF Value