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Track & Field CoBSP:TFCO4 -0.78%97 ROC (Joel Greenblatt) % is 29.22% as of Mar. 2026, which is 28% below its 10-year median of 40.34. GuruFocus rates BSP:TFCO4 with a GF Score™ of 97/100 and a GF Value™ of R$19.31 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,129 Retail - Cyclical companies, Track & Field Co ranks better than 79.27% 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. Track & Field Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.22%.
The historical rank and industry rank for Track & Field Co's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:TFCO4'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.86 Med: 40.34 Max: 60.48
Current: 33.34
During the past 9 years, Track & Field Co's highest ROC (Joel Greenblatt) % was 60.48%. The lowest was 31.86%. And the median was 40.34%.
BSP:TFCO4's ROC (Joel Greenblatt) % is ranked better than 79.27% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 11.63
vs BSP:TFCO4: 33.34
Track & Field Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.30% per year.
Track & Field Co (BSP:TFCO4) 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.
Track & Field Co ROC (Joel Greenblatt) % Related Terms
Track & Field Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Track & Field 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.
BSP:TFCO4 vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, Track & Field 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.
Track & Field Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Track & Field Co's ROC (Joel Greenblatt) % falls into.
Track & Field 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 29.22% mean?
Track & Field Co (BSP:TFCO4) has a ROC (Joel Greenblatt) % of 29.22% 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 Track & Field Co and its competitors. This is 28% below median its historical median of 40.34. Over the past decade, Track & Field Co's ROC (Joel Greenblatt) % has ranged from 31.86 to 60.48. According to the industry distribution chart, Track & Field Co ranks #234 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 20.7%.
Is Track & Field Co's ROC (Joel Greenblatt) % too high?
Track & Field Co's current ROC (Joel Greenblatt) % of 29.22% is 28% below median its 10-year median of 40.34. Over the past 10 years, this metric has ranged from a low of 31.86 to a high of 60.48. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.63. Track & Field Co's value of 29.22% is 151.2% above this industry median. Based on the distribution chart, Track & Field Co ranks #234 out of 1129 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Track & Field Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Track & Field Co's ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Track & Field Co ranks #234 out of 1129 companies for ROC (Joel Greenblatt) %. This places Track & Field Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.63. Track & Field Co's value of 29.22% is 151.2% above this benchmark. Historically, Track & Field Co's own ROC (Joel Greenblatt) % has ranged from 31.86 to 60.48 over the past decade. While the company's 10-year median is 40.34 vs. the industry median of 11.63, Track & Field Co 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.63, based on 1,129 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. Track & Field Co's current ROC (Joel Greenblatt) % of 29.22% is 151.2% 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 Track & Field Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track & Field Co's current ROC (Joel Greenblatt) % is 29.22%, which is 28% below median its own 10-year median of 40.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track & Field Co stock overvalued right now?
Based on GuruFocus' analysis, Track & Field Co (BSP:TFCO4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$19.31, compared to a current price of R$14.05 — trading 27.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.22%, which is 28% below median its 10-year median of 40.34 and 151.2% above the Retail - Cyclical industry median of 11.63. Track & Field Co's overall GF Score™ is 97/100 with 1 warning sign 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 Track & Field Co (BSP:TFCO4), the current ROC (Joel Greenblatt) % is 29.22% 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 Track & Field Co (BSP:TFCO4) Overvalued in 2026?
Based on GuruFocus' analysis, Track & Field Co stock appears to be undervalued.
The current stock price of R$14.05 is trading 27.2% below its estimated GF Value™ of R$19.31.
GuruFocus considers Track & Field Co to be Modestly Undervalued.
Key valuation signals for BSP:TFCO4:
ROC (Joel Greenblatt) %: 29.22% (28% below median its 10-year median of 40.34)
GF Value™: R$19.31 vs. price of R$14.05 (27.2% below fair value)
Industry Position: 151.2% above the Retail - Cyclical median (#234 of 1129)
No single metric tells the full story. See the BSP:TFCO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track & Field Co SA is a sports apparel retailer. The company is engaged in the development and sale of sports and general leisure products (footwear, apparel, equipment, and accessories) originating from the domestic and foreign markets, and holding interests in other entities, conducting business franchise management, franchising, and promoting and organizing sporting events, and operating in the food industry. It operates in single segment, i.e., the retail industry, which comprises the development and sale of clothing, accessories and sporting experiences aimed at reinforcing the brand positioning and boosting the flow of customers to the stores.
97GF Score
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