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.
TerraVest IndustriesFRA:4TV +0.68%73 ROC (Joel Greenblatt) % is 15.57% as of Mar. 2026, which is 29% below its 10-year median of 22.05. GuruFocus rates FRA:4TV with a GF Score™ of 73/100 and a GF Value™ of €94.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,000 Oil & Gas companies, TerraVest Industries ranks better than 77.7% 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. TerraVest Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.57%.
The historical rank and industry rank for TerraVest Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:4TV'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.05 Med: 22.05 Max: 26.13
Current: 21.88
During the past 13 years, TerraVest Industries's highest ROC (Joel Greenblatt) % was 26.13%. The lowest was 14.05%. And the median was 22.05%.
FRA:4TV's ROC (Joel Greenblatt) % is ranked better than 77.7% of 1000
companies
in the Oil & Gas industry
Industry Median: 8.43
vs FRA:4TV: 21.88
TerraVest Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.90% 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.
TerraVest Industries ROC (Joel Greenblatt) % Related Terms
TerraVest Industries ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for TerraVest Industries'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:4TV vs SLB, BKR, FTI: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.
TerraVest Industries ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TerraVest Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TerraVest Industries'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 15.57% mean?
TerraVest Industries (FRA:4TV) has a ROC (Joel Greenblatt) % of 15.57% 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 TerraVest Industries and its competitors. This is 29% below median its historical median of 22.05. Over the past decade, TerraVest Industries' ROC (Joel Greenblatt) % has ranged from 14.05 to 26.13. According to the industry distribution chart, TerraVest Industries ranks #223 out of 1000 companies in the Oil & Gas industry, placing it in the top 22.3%.
Is TerraVest Industries' ROC (Joel Greenblatt) % too high?
TerraVest Industries' current ROC (Joel Greenblatt) % of 15.57% is 29% below median its 10-year median of 22.05. Over the past 10 years, this metric has ranged from a low of 14.05 to a high of 26.13. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.43. TerraVest Industries' value of 15.57% is 84.7% above this industry median. Based on the distribution chart, TerraVest Industries ranks #223 out of 1000 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, TerraVest Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TerraVest Industries' ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TerraVest Industries ranks #223 out of 1000 companies for ROC (Joel Greenblatt) %. This places TerraVest Industries in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.43. TerraVest Industries' value of 15.57% is 84.7% above this benchmark. Historically, TerraVest Industries' own ROC (Joel Greenblatt) % has ranged from 14.05 to 26.13 over the past decade. While the company's 10-year median is 22.05 vs. the industry median of 8.43, TerraVest Industries 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.43, based on 1,000 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. TerraVest Industries's current ROC (Joel Greenblatt) % of 15.57% is 84.7% 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 TerraVest Industries and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TerraVest Industries's current ROC (Joel Greenblatt) % is 15.57%, which is 29% below median its own 10-year median of 22.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TerraVest Industries stock overvalued right now?
Based on GuruFocus' analysis, TerraVest Industries (FRA:4TV) is currently considered Modestly Undervalued. The stock's GF Value™ is €94.19, compared to a current price of €74.00 — trading 21.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.57%, which is 29% below median its 10-year median of 22.05 and 84.7% above the Oil & Gas industry median of 8.43. TerraVest Industries' overall GF Score™ is 73/100 with 6 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 TerraVest Industries (FRA:4TV), the current ROC (Joel Greenblatt) % is 15.57% 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 TerraVest Industries (FRA:4TV) Overvalued in 2026?
Based on GuruFocus' analysis, TerraVest Industries stock appears to be undervalued.
The current stock price of €74.00 is trading 21.4% below its estimated GF Value™ of €94.19.
GuruFocus considers TerraVest Industries to be Modestly Undervalued.
Key valuation signals for FRA:4TV:
ROC (Joel Greenblatt) %: 15.57% (29% below median its 10-year median of 22.05)
GF Value™: €94.19 vs. price of €74.00 (21.4% below fair value)
Industry Position: 84.7% above the Oil & Gas median (#223 of 1000)
No single metric tells the full story. See the FRA:4TV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TerraVest Industries Inc manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include Home Heating and Cooling Products and Containment Equipment (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment), and Service. The majority of its revenue is generated from its HVAC and Cooling Products and Containment Equipment segment which manufactures and distributes products including commercial and residential refined fuel tanks, wastewater treatment systems, grease removal systems, and other custom-built steel storage products.
73GF Score
Get the complete analysis for FRA:4TV
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
FRA:4TV has been successfully added to your 
