Grupo TMM (MEX:TMMA) ROC (Joel Greenblatt) %: 3.23% (As of Mar. 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MEX:TMMA Grupo TMM SA MEX:TMMA
45 GF Score
Price MXN10.00
GF Value MXN4.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Grupo TMM ROC (Joel Greenblatt) %?

Grupo TMM MEX:TMMA 45 ROC (Joel Greenblatt) % is 3.23% as of Mar. 2026, which is 10% below its 10-year median of 3.58. GuruFocus rates MEX:TMMA with a GF Score™ of 45/100 and a GF Value™ of MXN4.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 997 Transportation companies, Grupo TMM ranks better than 54.36% 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. Grupo TMM's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.23%.

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

MEX:TMMA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.23   Med: 3.58   Max: 46.16
Current: 13.32

During the past 13 years, Grupo TMM's highest ROC (Joel Greenblatt) % was 46.16%. The lowest was -12.23%. And the median was 3.58%.

MEX:TMMA's ROC (Joel Greenblatt) % is ranked better than
54.36% of 997 companies
in the Transportation industry
Industry Median: 11.75 vs MEX:TMMA: 13.32

Grupo TMM's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Grupo TMM  (MEX:TMMA) 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.


Grupo TMM ROC (Joel Greenblatt) % Related Terms


Grupo TMM ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Grupo TMM'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.

Grupo TMM ROC (Joel Greenblatt) % Chart

Grupo TMM 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 -8.82 1.50 2.66 7.34 17.08

Grupo TMM 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 11.55 20.19 17.58 11.61 3.23

MEX:TMMA vs KEX: ROC (Joel Greenblatt) % Comparison

For the Marine Shipping subindustry, Grupo TMM'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.


Grupo TMM ROC (Joel Greenblatt) % vs Transportation Industry

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

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


MEX:TMMA
45GF Score
Grupo TMM SA MEX:TMMA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TMM 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)
=(400.152 + 29.935 + 316.416) - (776.834 + 0 + 0)
=-30.331

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(479.7 + 0 + 228.4) - (748.9 + 0 + -0.099999999999909)
=-40.7

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Grupo TMM 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 )
=89.6/( ( (2777.845 + max(-30.331, 0)) + (2773.2 + max(-40.7, 0)) )/ 2 )
=89.6/( ( 2777.845 + 2773.2 )/ 2 )
=89.6/2775.5225
=3.23 %

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 3.23% mean?
Grupo TMM (MEX:TMMA) has a ROC (Joel Greenblatt) % of 3.23% 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 Grupo TMM and its competitors. This is 10% below median its historical median of 3.58. According to the industry distribution chart, Grupo TMM ranks #455 out of 997 companies in the Transportation industry, placing it in the top 45.6%.
Is Grupo TMM's ROC (Joel Greenblatt) % too high?
Grupo TMM's current ROC (Joel Greenblatt) % of 3.23% is 10% below median its 10-year median of 3.58. The Transportation industry median ROC (Joel Greenblatt) % is 11.75. Grupo TMM's value of 3.23% is 72.5% below this industry median. Based on the distribution chart, Grupo TMM ranks #455 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, Grupo TMM has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo TMM's ROC (Joel Greenblatt) % compare to KEX?
According to the Transportation industry distribution chart, Grupo TMM ranks #455 out of 997 companies for ROC (Joel Greenblatt) %. This puts Grupo TMM in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. Grupo TMM's value of 3.23% is 72.5% below this benchmark. While the company's 10-year median is 3.58 vs. the industry median of 11.75, Grupo TMM 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 11.75, 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. Grupo TMM's current ROC (Joel Greenblatt) % of 3.23% is 72.5% 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 Grupo TMM and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo TMM's current ROC (Joel Greenblatt) % is 3.23%, which is 10% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TMM stock overvalued right now?
Based on GuruFocus' analysis, Grupo TMM (MEX:TMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4.62, compared to a current price of MXN10.00 — trading 116.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.23%, which is 10% below median its 10-year median of 3.58 and 72.5% below the Transportation industry median of 11.75. Grupo TMM's overall GF Score™ is 45/100 with 4 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 Grupo TMM (MEX:TMMA), the current ROC (Joel Greenblatt) % is 3.23% 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 Grupo TMM (MEX:TMMA) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TMM stock appears to be overvalued. The current stock price of MXN10.00 is trading 116.5% above its estimated GF Value™ of MXN4.62. GuruFocus considers Grupo TMM to be Significantly Overvalued.

Key valuation signals for MEX:TMMA:

  • ROC (Joel Greenblatt) %: 3.23% (10% below median its 10-year median of 3.58)
  • GF Value™: MXN4.62 vs. price of MXN10.00 (116.5% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 72.5% below the Transportation median (#455 of 997)

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


Grupo TMM Business Description

Other Exchanges GTMAY:USA
Address Convento de Acolman 58-B, Colonia Jardines de Santa Monica, Mexico, MEX, 54050
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments: the Maritime division, the Maritime Infrastructure division, the Logistics, Ports and terminals division, and the Warehousing division. The Maritime division includes transporting bulk liquid products, materials, provisions for drilling platforms, and ship towing services. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities.
45GF Score

Get the complete analysis for MEX:TMMA

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

MXN10.00
Price
MXN4.62
GF Value