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TranspacoJSE:TPC 86 ROC (Joel Greenblatt) % is 21.54% as of Dec. 2025, which is 12% below its 10-year median of 24.41. GuruFocus rates JSE:TPC with a GF Score™ of 86/100 and a GF Value™ of R35.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 401 Packaging & Containers companies, Transpaco ranks better than 81.3% 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. Transpaco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.54%.
The historical rank and industry rank for Transpaco's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:TPC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.37 Med: 24.41 Max: 37.85
Current: 21.18
During the past 13 years, Transpaco's highest ROC (Joel Greenblatt) % was 37.85%. The lowest was 15.37%. And the median was 24.41%.
JSE:TPC's ROC (Joel Greenblatt) % is ranked better than 81.3% of 401
companies
in the Packaging & Containers industry
Industry Median: 8.91
vs JSE:TPC: 21.18
Transpaco's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.00% 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.
The historical data trend for Transpaco'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.
JSE:TPC vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Transpaco'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.
Transpaco ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Transpaco's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Transpaco'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 two times the semi-annual (Dec. 2025) 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 21.54% mean?
Transpaco (JSE:TPC) has a ROC (Joel Greenblatt) % of 21.54% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Transpaco and its competitors. This is 12% below median its historical median of 24.41. Over the past decade, Transpaco's ROC (Joel Greenblatt) % has ranged from 15.37 to 37.85. According to the industry distribution chart, Transpaco ranks #75 out of 401 companies in the Packaging & Containers industry, placing it in the top 18.7%.
Is Transpaco's ROC (Joel Greenblatt) % too high?
Transpaco's current ROC (Joel Greenblatt) % of 21.54% is 12% below median its 10-year median of 24.41. Over the past 10 years, this metric has ranged from a low of 15.37 to a high of 37.85. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.91. Transpaco's value of 21.54% is 141.8% above this industry median. Based on the distribution chart, Transpaco ranks #75 out of 401 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Transpaco has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transpaco's ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Transpaco ranks #75 out of 401 companies for ROC (Joel Greenblatt) %. This places Transpaco in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.91. Transpaco's value of 21.54% is 141.8% above this benchmark. Historically, Transpaco's own ROC (Joel Greenblatt) % has ranged from 15.37 to 37.85 over the past decade. While the company's 10-year median is 24.41 vs. the industry median of 8.91, Transpaco 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.91, based on 401 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. Transpaco's current ROC (Joel Greenblatt) % of 21.54% is 141.8% 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 Transpaco and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transpaco's current ROC (Joel Greenblatt) % is 21.54%, which is 12% below median its own 10-year median of 24.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transpaco stock overvalued right now?
Based on GuruFocus' analysis, Transpaco (JSE:TPC) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.47, compared to a current price of R44.00 — trading 24% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.54%, which is 12% below median its 10-year median of 24.41 and 141.8% above the Packaging & Containers industry median of 8.91. Transpaco's overall GF Score™ is 86/100 with 7 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 Transpaco (JSE:TPC), the current ROC (Joel Greenblatt) % is 21.54% as of Dec. 2025. 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 Transpaco (JSE:TPC) Overvalued in 2026?
Based on GuruFocus' analysis, Transpaco stock appears to be overvalued.
The current stock price of R44.00 is trading 24% above its estimated GF Value™ of R35.47.
GuruFocus considers Transpaco to be Modestly Overvalued.
Key valuation signals for JSE:TPC:
ROC (Joel Greenblatt) %: 21.54% (12% below median its 10-year median of 24.41)
GF Value™: R35.47 vs. price of R44.00 (24% above fair value)
Industry Position: 141.8% above the Packaging & Containers median (#75 of 401)
No single metric tells the full story. See the JSE:TPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transpaco Ltd is a manufacturer, recycler, and distributor of paper and plastic packaging products. It operates in three business segments: Plastics Products, Paper and Board Products, and Property and Group Services. The company generates maximum revenue from the Plastic products segment. Its Plastic products segment manufactures flexible plastic packaging solutions. Some of its products include Retail vest-type plastic bags; Refuse bags; Tubing and sheeting; Scholastic stationery; Heavy duty cores; Yarn cores; Conical containers; Stretch film and others.
86GF Score
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