Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Metisa Metalurgica TimboenseBSP:MTSA4 -5.12%66 ROC (Joel Greenblatt) % is 16.83% as of Mar. 2026, which is 6% above its 10-year median of 15.82. GuruFocus rates BSP:MTSA4 with a GF Score™ of 66/100 and a GF Value™ of R$41.92 (Fairly Valued). The stock has 8 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Metisa Metalurgica Timboense ranks better than 61.24% 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. Metisa Metalurgica Timboense's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.83%.
The historical rank and industry rank for Metisa Metalurgica Timboense's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:MTSA4'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.77 Med: 15.82 Max: 42.4
Current: 19.53
During the past 13 years, Metisa Metalurgica Timboense's highest ROC (Joel Greenblatt) % was 42.40%. The lowest was 9.77%. And the median was 15.82%.
BSP:MTSA4's ROC (Joel Greenblatt) % is ranked better than 61.24% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24
vs BSP:MTSA4: 19.53
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.
* 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.
BSP:MTSA4 vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Metisa Metalurgica Timboense'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.
Metisa Metalurgica Timboense ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Metisa Metalurgica Timboense's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Metisa Metalurgica Timboense'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 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 16.83% mean?
Metisa Metalurgica Timboense (BSP:MTSA4) has a ROC (Joel Greenblatt) % of 16.83% 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 Metisa Metalurgica Timboense and its competitors. This is near median its historical median of 15.82. Over the past decade, Metisa Metalurgica Timboense's ROC (Joel Greenblatt) % has ranged from 9.77 to 42.40. According to the industry distribution chart, Metisa Metalurgica Timboense ranks #81 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 38.8%.
Is Metisa Metalurgica Timboense's ROC (Joel Greenblatt) % too high?
Metisa Metalurgica Timboense's current ROC (Joel Greenblatt) % of 16.83% is near median its 10-year median of 15.82. Over the past 10 years, this metric has ranged from a low of 9.77 to a high of 42.40. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.24. Metisa Metalurgica Timboense's value of 16.83% is 27.1% above this industry median. Based on the distribution chart, Metisa Metalurgica Timboense ranks #81 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Metisa Metalurgica Timboense has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metisa Metalurgica Timboense's ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Metisa Metalurgica Timboense ranks #81 out of 209 companies for ROC (Joel Greenblatt) %. This puts Metisa Metalurgica Timboense in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.24. Metisa Metalurgica Timboense's value of 16.83% is 27.1% above this benchmark. Historically, Metisa Metalurgica Timboense's own ROC (Joel Greenblatt) % has ranged from 9.77 to 42.40 over the past decade. While the company's 10-year median is 15.82 vs. the industry median of 13.24, Metisa Metalurgica Timboense 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 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. Metisa Metalurgica Timboense's current ROC (Joel Greenblatt) % of 16.83% is 27.1% 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 Metisa Metalurgica Timboense and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metisa Metalurgica Timboense's current ROC (Joel Greenblatt) % is 16.83%, which is near median its own 10-year median of 15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metisa Metalurgica Timboense stock overvalued right now?
Based on GuruFocus' analysis, Metisa Metalurgica Timboense (BSP:MTSA4) is currently considered Fairly Valued. The stock's GF Value™ is R$41.92, compared to a current price of R$45.01 — trading 7.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.83%, which is near median its 10-year median of 15.82 and 27.1% above the Farm & Heavy Construction Machinery industry median of 13.24. Metisa Metalurgica Timboense's overall GF Score™ is 66/100 with 8 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 Metisa Metalurgica Timboense (BSP:MTSA4), the current ROC (Joel Greenblatt) % is 16.83% 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 Metisa Metalurgica Timboense (BSP:MTSA4) Overvalued in 2026?
Based on GuruFocus' analysis, Metisa Metalurgica Timboense stock appears to be overvalued.
The current stock price of R$45.01 is trading 7.4% above its estimated GF Value™ of R$41.92.
GuruFocus considers Metisa Metalurgica Timboense to be Fairly Valued.
Key valuation signals for BSP:MTSA4:
ROC (Joel Greenblatt) %: 16.83% (near median its 10-year median of 15.82)
GF Value™: R$41.92 vs. price of R$45.01 (7.4% above fair value)
Industry Position: 27.1% above the Farm & Heavy Construction Machinery median (#81 of 209)
No single metric tells the full story. See the BSP:MTSA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.
66GF Score
Get the complete analysis for BSP:MTSA4
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:MTSA4 has been successfully added to your 
