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Good Year Lastikleri TASIST:GOODY +0.72%70 ROC (Joel Greenblatt) % is 84.42% as of Mar. 2026, which is 223% above its 10-year median of 26.12. GuruFocus rates IST:GOODY with a GF Score™ of 70/100 and a GF Value™ of ₺3.05 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Good Year Lastikleri TAS ranks worse than 85.21% 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. Good Year Lastikleri TAS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 84.42%.
The historical rank and industry rank for Good Year Lastikleri TAS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:GOODY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.81 Med: 26.12 Max: 53.37
Current: -4.76
During the past 13 years, Good Year Lastikleri TAS's highest ROC (Joel Greenblatt) % was 53.37%. The lowest was -6.81%. And the median was 26.12%.
IST:GOODY's ROC (Joel Greenblatt) % is ranked worse than 85.21% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 11.97
vs IST:GOODY: -4.76
Good Year Lastikleri TAS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Good Year Lastikleri TAS (IST:GOODY) 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.
Good Year Lastikleri TAS ROC (Joel Greenblatt) % Related Terms
Good Year Lastikleri TAS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Good Year Lastikleri TAS'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.
Good Year Lastikleri TAS ROC (Joel Greenblatt) % Chart
IST:GOODY vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Good Year Lastikleri TAS'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.
Good Year Lastikleri TAS ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Good Year Lastikleri TAS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Good Year Lastikleri TAS's ROC (Joel Greenblatt) % falls into.
Good Year Lastikleri TAS 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 84.42% mean?
Good Year Lastikleri TAS (IST:GOODY) has a ROC (Joel Greenblatt) % of 84.42% 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 Good Year Lastikleri TAS and its competitors. This is 223% above median its historical median of 26.12. According to the industry distribution chart, Good Year Lastikleri TAS ranks #1135 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 85.2%.
Is Good Year Lastikleri TAS's ROC (Joel Greenblatt) % too high?
Good Year Lastikleri TAS's current ROC (Joel Greenblatt) % of 84.42% is 223% above median its 10-year median of 26.12. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. Good Year Lastikleri TAS's value of 84.42% is 605.3% above this industry median. Based on the distribution chart, Good Year Lastikleri TAS ranks #1135 out of 1332 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Good Year Lastikleri TAS has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Good Year Lastikleri TAS's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Good Year Lastikleri TAS ranks #1135 out of 1332 companies for ROC (Joel Greenblatt) %. This places Good Year Lastikleri TAS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. Good Year Lastikleri TAS's value of 84.42% is 605.3% above this benchmark. While the company's 10-year median is 26.12 vs. the industry median of 11.97, Good Year Lastikleri TAS 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,332 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. Good Year Lastikleri TAS's current ROC (Joel Greenblatt) % of 84.42% is 605.3% 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 Good Year Lastikleri TAS and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Year Lastikleri TAS's current ROC (Joel Greenblatt) % is 84.42%, which is 223% above median its own 10-year median of 26.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Year Lastikleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Fairly Valued. The stock's GF Value™ is ₺3.05, compared to a current price of ₺2.78 — trading 8.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 84.42%, which is 223% above median its 10-year median of 26.12 and 605.3% above the Vehicles & Parts industry median of 11.97. Good Year Lastikleri TAS's overall GF Score™ is 70/100 with 9 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 Good Year Lastikleri TAS (IST:GOODY), the current ROC (Joel Greenblatt) % is 84.42% 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?
Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be undervalued.
The current stock price of ₺2.78 is trading 8.9% below its estimated GF Value™ of ₺3.05.
GuruFocus considers Good Year Lastikleri TAS to be Fairly Valued.
Key valuation signals for IST:GOODY:
ROC (Joel Greenblatt) %: 84.42% (223% above median its 10-year median of 26.12)
GF Value™: ₺3.05 vs. price of ₺2.78 (8.9% below fair value)
Industry Position: 605.3% above the Vehicles & Parts median (#1135 of 1332)
No single metric tells the full story. See the IST:GOODY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.
70GF Score
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