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Tegma Gestao LogisticaBSP:TGMA3 +2.74%95 ROC (Joel Greenblatt) % is 42.21% as of Mar. 2026, which is 15% below its 10-year median of 49.56. GuruFocus rates BSP:TGMA3 with a GF Score™ of 95/100 and a GF Value™ of R$37.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 999 Transportation companies, Tegma Gestao Logistica ranks better than 92.49% 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. Tegma Gestao Logistica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 42.21%.
The historical rank and industry rank for Tegma Gestao Logistica's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:TGMA3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.82 Med: 49.56 Max: 75.06
Current: 64.16
During the past 13 years, Tegma Gestao Logistica's highest ROC (Joel Greenblatt) % was 75.06%. The lowest was 24.82%. And the median was 49.56%.
BSP:TGMA3's ROC (Joel Greenblatt) % is ranked better than 92.49% of 999
companies
in the Transportation industry
Industry Median: 11.77
vs BSP:TGMA3: 64.16
Tegma Gestao Logistica's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.20% per year.
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.
Tegma Gestao Logistica ROC (Joel Greenblatt) % Related Terms
Tegma Gestao Logistica ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Tegma Gestao Logistica'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:TGMA3 vs ODFL, XPO, KNX: ROC (Joel Greenblatt) % Comparison
For the Trucking subindustry, Tegma Gestao Logistica'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.
Tegma Gestao Logistica ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Tegma Gestao Logistica's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tegma Gestao Logistica'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 42.21% mean?
Tegma Gestao Logistica (BSP:TGMA3) has a ROC (Joel Greenblatt) % of 42.21% 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 Tegma Gestao Logistica and its competitors. This is 15% below median its historical median of 49.56. Over the past decade, Tegma Gestao Logistica's ROC (Joel Greenblatt) % has ranged from 24.82 to 75.06. According to the industry distribution chart, Tegma Gestao Logistica ranks #75 out of 999 companies in the Transportation industry, placing it in the top 7.5%.
Is Tegma Gestao Logistica's ROC (Joel Greenblatt) % too high?
Tegma Gestao Logistica's current ROC (Joel Greenblatt) % of 42.21% is 15% below median its 10-year median of 49.56. Over the past 10 years, this metric has ranged from a low of 24.82 to a high of 75.06. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. Tegma Gestao Logistica's value of 42.21% is 258.6% above this industry median. Based on the distribution chart, Tegma Gestao Logistica ranks #75 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Tegma Gestao Logistica has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tegma Gestao Logistica's ROC (Joel Greenblatt) % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Tegma Gestao Logistica ranks #75 out of 999 companies for ROC (Joel Greenblatt) %. This places Tegma Gestao Logistica in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.77. Tegma Gestao Logistica's value of 42.21% is 258.6% above this benchmark. Historically, Tegma Gestao Logistica's own ROC (Joel Greenblatt) % has ranged from 24.82 to 75.06 over the past decade. While the company's 10-year median is 49.56 vs. the industry median of 11.77, Tegma Gestao Logistica 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 999 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. Tegma Gestao Logistica's current ROC (Joel Greenblatt) % of 42.21% is 258.6% 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 Tegma Gestao Logistica and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tegma Gestao Logistica's current ROC (Joel Greenblatt) % is 42.21%, which is 15% below median its own 10-year median of 49.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tegma Gestao Logistica stock overvalued right now?
Based on GuruFocus' analysis, Tegma Gestao Logistica (BSP:TGMA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$37.78, compared to a current price of R$31.49 — trading 16.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 42.21%, which is 15% below median its 10-year median of 49.56 and 258.6% above the Transportation industry median of 11.77. Tegma Gestao Logistica's overall GF Score™ is 95/100 with 3 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 Tegma Gestao Logistica (BSP:TGMA3), the current ROC (Joel Greenblatt) % is 42.21% 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 Tegma Gestao Logistica (BSP:TGMA3) Overvalued in 2026?
Based on GuruFocus' analysis, Tegma Gestao Logistica stock appears to be undervalued.
The current stock price of R$31.49 is trading 16.6% below its estimated GF Value™ of R$37.78.
GuruFocus considers Tegma Gestao Logistica to be Modestly Undervalued.
Key valuation signals for BSP:TGMA3:
ROC (Joel Greenblatt) %: 42.21% (15% below median its 10-year median of 49.56)
GF Value™: R$37.78 vs. price of R$31.49 (16.6% below fair value)
Industry Position: 258.6% above the Transportation median (#75 of 999)
No single metric tells the full story. See the BSP:TGMA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.
95GF Score
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