Titan MachineryFRA:3TY -9.14%64 ROC (Joel Greenblatt) % is -1.39% as of Apr. 2026. GuruFocus rates FRA:3TY with a GF Score™ of 64/100 and a GF Value™ of €14.13 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 156 Industrial Distribution companies, Titan Machinery ranks worse than 85.26% 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. Titan Machinery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -1.39%.
The historical rank and industry rank for Titan Machinery's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:3TY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.18 Med: 4.23 Max: 20.97
Current: -0.03
During the past 13 years, Titan Machinery's highest ROC (Joel Greenblatt) % was 20.97%. The lowest was -0.18%. And the median was 4.23%.
FRA:3TY's ROC (Joel Greenblatt) % is ranked worse than 85.26% of 156
companies
in the Industrial Distribution industry
Industry Median: 14.98
vs FRA:3TY: -0.03
Titan Machinery's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Titan Machinery ROC (Joel Greenblatt) % Related Terms
Titan Machinery ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Titan Machinery'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.
FRA:3TY vs BXC, EVI, TLIH: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Titan Machinery'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.
Titan Machinery ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Titan Machinery's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Titan Machinery'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 (Apr. 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 -1.39% mean?
Titan Machinery (FRA:3TY) has a ROC (Joel Greenblatt) % of -1.39% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Titan Machinery and its competitors. According to the industry distribution chart, Titan Machinery ranks #133 out of 156 companies in the Industrial Distribution industry, placing it in the top 85.3%.
Is Titan Machinery's ROC (Joel Greenblatt) % too high?
Titan Machinery's current ROC (Joel Greenblatt) % is -1.39%. Based on the distribution chart, Titan Machinery ranks #133 out of 156 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Titan Machinery has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Titan Machinery's ROC (Joel Greenblatt) % compare to BXC and EVI?
According to the Industrial Distribution industry distribution chart, Titan Machinery ranks #133 out of 156 companies for ROC (Joel Greenblatt) %. This places Titan Machinery in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.98. 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 an Industrial Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.98, based on 156 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. 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 Titan Machinery and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Machinery's current ROC (Joel Greenblatt) % is -1.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Machinery stock overvalued right now?
Based on GuruFocus' analysis, Titan Machinery (FRA:3TY) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.13, compared to a current price of €15.90 — trading 12.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -1.39%. Titan Machinery's overall GF Score™ is 64/100 with 5 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 Titan Machinery (FRA:3TY), the current ROC (Joel Greenblatt) % is -1.39% as of Apr. 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 Titan Machinery (FRA:3TY) Overvalued in 2026?
Based on GuruFocus' analysis, Titan Machinery stock appears to be overvalued.
The current stock price of €15.90 is trading 12.5% above its estimated GF Value™ of €14.13.
GuruFocus considers Titan Machinery to be Modestly Overvalued.
Key valuation signals for FRA:3TY:
ROC (Joel Greenblatt) %: -1.39%
GF Value™: €14.13 vs. price of €15.90 (12.5% above fair value)
No single metric tells the full story. See the FRA:3TY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the Europe and Australia segments.
64GF Score
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