TFI International (MEX:TFII N) ROC (Joel Greenblatt) %: 10.10% (As of Mar. 2026) — 61% Below Median


MEX:TFII N TFI International Inc MEX:TFII N
94 GF Score
Price MXN1,577.84
GF Value MXN1,375.13
! 9 Warning Signs
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What is TFI International ROC (Joel Greenblatt) %?

TFI International MEX:TFII N 94 ROC (Joel Greenblatt) % is 10.10% as of Mar. 2026, which is 61% below its 10-year median of 26.15. GuruFocus rates MEX:TFII N with a GF Score™ of 94/100 and a GF Value™ of MXN1,375.13. The stock has 9 warning signs investors should review. Among 997 Transportation companies, TFI International ranks better than 58.68% 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. TFI International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.10%.

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

MEX:TFII N' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.71   Med: 26.15   Max: 42.95
Current: 14.67

During the past 13 years, TFI International's highest ROC (Joel Greenblatt) % was 42.95%. The lowest was 12.71%. And the median was 26.15%.

MEX:TFII N's ROC (Joel Greenblatt) % is ranked better than
58.68% of 997 companies
in the Transportation industry
Industry Median: 11.77 vs MEX:TFII N: 14.67

TFI International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.90% per year.


TFI International  (MEX:TFII N) 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.


TFI International ROC (Joel Greenblatt) % Related Terms


TFI International ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TFI International'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.

TFI International ROC (Joel Greenblatt) % Chart

TFI International 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 43.40 38.42 24.46 23.37 14.18

TFI International 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 12.15 17.76 16.26 13.82 10.10

MEX:TFII N vs ODFL, XPO, KNX: ROC (Joel Greenblatt) % Comparison

For the Trucking subindustry, TFI International'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.


TFI International ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, TFI International's ROC (Joel Greenblatt) % distribution charts can be found below:

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


MEX:TFII N
94GF Score
TFI International Inc MEX:TFII N
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TFI International 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)
=(15467.202 + 351.633 + 1295.348) - (12151.237 + 0 + 1792.954)
=3169.992

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17796.273 + 362.782 + 1364.931) - (12970.164 + 0 + 1821.249)
=4732.573

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of TFI International 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 )
=6446.256/( ( (60670.962 + max(3169.992, 0)) + (59069.661 + max(4732.573, 0)) )/ 2 )
=6446.256/( ( 63840.954 + 63802.234 )/ 2 )
=6446.256/63821.594
=10.10 %

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 10.10% mean?
TFI International (MEX:TFII N) has a ROC (Joel Greenblatt) % of 10.10% 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 TFI International and its competitors. This is 61% below median its historical median of 26.15. Over the past decade, TFI International's ROC (Joel Greenblatt) % has ranged from 12.71 to 42.95. According to the industry distribution chart, TFI International ranks #412 out of 997 companies in the Transportation industry, placing it in the top 41.3%.
Is TFI International's ROC (Joel Greenblatt) % too high?
TFI International's current ROC (Joel Greenblatt) % of 10.10% is 61% below median its 10-year median of 26.15. Over the past 10 years, this metric has ranged from a low of 12.71 to a high of 42.95. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. TFI International's value of 10.10% is 14.2% below this industry median. Based on the distribution chart, TFI International ranks #412 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, TFI International has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does TFI International's ROC (Joel Greenblatt) % compare to ODFL and XPO?
According to the Transportation industry distribution chart, TFI International ranks #412 out of 997 companies for ROC (Joel Greenblatt) %. This puts TFI International in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.77. TFI International's value of 10.10% is 14.2% below this benchmark. Historically, TFI International's own ROC (Joel Greenblatt) % has ranged from 12.71 to 42.95 over the past decade. While the company's 10-year median is 26.15 vs. the industry median of 11.77, TFI International has consistently been below 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 997 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. TFI International's current ROC (Joel Greenblatt) % of 10.10% is 14.2% below 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 TFI International and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI International's current ROC (Joel Greenblatt) % is 10.10%, which is 61% below median its own 10-year median of 26.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI International stock overvalued right now?
TFI International (MEX:TFII N) has a current ROC (Joel Greenblatt) % of 10.10%. The stock's GF Value™ is MXN1,375.13, compared to a current price of MXN1,577.84 — trading 14.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.10%, which is 61% below median its 10-year median of 26.15 and 14.2% below the Transportation industry median of 11.77. TFI International's overall GF Score™ is 94/100 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 TFI International (MEX:TFII N), the current ROC (Joel Greenblatt) % is 10.10% 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 TFI International (MEX:TFII N) Overvalued in 2026?

Based on GuruFocus' analysis, TFI International stock appears to be overvalued. The current stock price of MXN1,577.84 is trading 14.7% above its estimated GF Value™ of MXN1,375.13.

Key valuation signals for MEX:TFII N:

  • ROC (Joel Greenblatt) %: 10.10% (61% below median its 10-year median of 26.15)
  • GF Value™: MXN1,375.13 vs. price of MXN1,577.84 (14.7% above fair value)
  • GF Score™: 94/100 with 9 warning signs
  • Industry Position: 14.2% below the Transportation median (#412 of 997)

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


TFI International Business Description

Address 8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Montreal, QC, CAN, H4S 1Z6
TFI International Inc is involved in the provision of transportation and logistics services across the United States, Canada, and Mexico. The company's reportable segments are; Less-Than-Truckload, which derives maximum revenue, Truckload, and Logistics. The Less-Than-Truckload segment engages in pickup, consolidation, transport, and delivery of smaller loads; the Truckload segment deals with full loads carried directly from the customer to the destination using a closed van or specialized equipment to meet customer's specific needs; and the Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. Geographically, the company generates maximum revenue from the United States.
94GF Score

Get the complete analysis for MEX:TFII N

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

MXN1,577.84
Price
MXN1,375.13
GF Value