CDNAF (Canadian Tire) ROC (Joel Greenblatt) %: 13.33% (As of Mar. 2026) — 52% Below Median


CDNAF Canadian Tire Corp Ltd CDNAF
72 GF Score
Price $137.26
GF Value $119.46
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Canadian Tire ROC (Joel Greenblatt) %?

Canadian Tire CDNAF -0.06% 72 ROC (Joel Greenblatt) % is 13.33% as of Mar. 2026, which is 52% below its 10-year median of 27.55. GuruFocus rates CDNAF with a GF Score™ of 72/100 and a GF Value™ of $119.46 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Canadian Tire ranks better than 59.84% 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. Canadian Tire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.33%.

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

CDNAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.27   Med: 27.55   Max: 31.44
Current: 17.29

During the past 13 years, Canadian Tire's highest ROC (Joel Greenblatt) % was 31.44%. The lowest was 13.27%. And the median was 27.55%.

CDNAF's ROC (Joel Greenblatt) % is ranked better than
59.84% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 11.51 vs CDNAF: 17.29

Canadian Tire's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.60% per year.


Canadian Tire  (OTCPK:CDNAF) 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.


Canadian Tire ROC (Joel Greenblatt) % Related Terms


Canadian Tire ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Canadian Tire'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.

Canadian Tire ROC (Joel Greenblatt) % Chart

Canadian Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.45 26.90 13.35 20.76 16.42

Canadian Tire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.74 17.80 17.64 21.46 13.33

CDNAF vs CASY, WSM, DKS: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Canadian Tire'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.


Canadian Tire ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's ROC (Joel Greenblatt) % distribution charts can be found below:

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


CDNAF
72GF Score
Canadian Tire Corp Ltd CDNAF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Tire 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(589.489 + 1752.447 + 210.222) - (1780.573 + 271.838 + 1014.787)
=-515.04

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(993.149 + 2013.921 + 180.977) - (2261.808 + 0 + 988.41)
=-62.170999999999

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Canadian Tire for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=731.78/( ( (5454.585 + max(-515.04, 0)) + (5521.356 + max(-62.170999999999, 0)) )/ 2 )
=731.78/( ( 5454.585 + 5521.356 )/ 2 )
=731.78/5487.9705
=13.33 %

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 13.33% mean?
Canadian Tire (CDNAF) has a ROC (Joel Greenblatt) % of 13.33% 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 Canadian Tire and its competitors. This is 52% below median its historical median of 27.55. Over the past decade, Canadian Tire's ROC (Joel Greenblatt) % has ranged from 13.27 to 31.44. According to the industry distribution chart, Canadian Tire ranks #451 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 40.2%.
Is Canadian Tire's ROC (Joel Greenblatt) % too high?
Canadian Tire's current ROC (Joel Greenblatt) % of 13.33% is 52% below median its 10-year median of 27.55. Over the past 10 years, this metric has ranged from a low of 13.27 to a high of 31.44. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.51. Canadian Tire's value of 13.33% is 15.8% above this industry median. Based on the distribution chart, Canadian Tire ranks #451 out of 1123 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Canadian Tire has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Canadian Tire ranks #451 out of 1123 companies for ROC (Joel Greenblatt) %. This puts Canadian Tire in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.51. Canadian Tire's value of 13.33% is 15.8% above this benchmark. Historically, Canadian Tire's own ROC (Joel Greenblatt) % has ranged from 13.27 to 31.44 over the past decade. While the company's 10-year median is 27.55 vs. the industry median of 11.51, Canadian Tire 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 11.51, based on 1,123 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. Canadian Tire's current ROC (Joel Greenblatt) % of 13.33% is 15.8% 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 Canadian Tire and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Tire's current ROC (Joel Greenblatt) % is 13.33%, which is 52% below median its own 10-year median of 27.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Based on GuruFocus' analysis, Canadian Tire (CDNAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $119.46, compared to a current price of $137.26 — trading 14.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.33%, which is 52% below median its 10-year median of 27.55 and 15.8% above the Retail - Cyclical industry median of 11.51. Canadian Tire's overall GF Score™ is 72/100 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 Canadian Tire (CDNAF), the current ROC (Joel Greenblatt) % is 13.33% 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 Canadian Tire (CDNAF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $137.26 is trading 14.9% above its estimated GF Value™ of $119.46. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNAF:

  • ROC (Joel Greenblatt) %: 13.33% (52% below median its 10-year median of 27.55)
  • GF Value™: $119.46 vs. price of $137.26 (14.9% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 15.8% above the Retail - Cyclical median (#451 of 1123)

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


Canadian Tire Business Description

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
72GF Score

Get the complete analysis for CDNAF

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

$137.26
Price
$119.46
GF Value