Toast (MEX:TOST) ROC (Joel Greenblatt) %: 326.16% (As of Mar. 2026)


MEX:TOST Toast Inc MEX:TOST
84 GF Score
Price MXN435.00
GF Value MXN610.45
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Toast ROC (Joel Greenblatt) %?

Toast MEX:TOST 84 ROC (Joel Greenblatt) % is 326.16% as of Mar. 2026. GuruFocus rates MEX:TOST with a GF Score™ of 84/100 and a GF Value™ of MXN610.45 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,807 Software companies, Toast ranks better than 88.6% 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. Toast's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 326.16%.

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

MEX:TOST' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1062.28   Med: -278.05   Max: 290.27
Current: 290.27

During the past 7 years, Toast's highest ROC (Joel Greenblatt) % was 290.27%. The lowest was -1062.28%. And the median was -278.05%.

MEX:TOST's ROC (Joel Greenblatt) % is ranked better than
88.6% of 2807 companies
in the Software industry
Industry Median: 19.62 vs MEX:TOST: 290.27

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


Toast  (MEX:TOST) 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.


Toast ROC (Joel Greenblatt) % Related Terms


Toast ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Toast'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.

Toast ROC (Joel Greenblatt) % Chart

Toast Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -280.33 -290.62 -212.99 58.12 221.52

Toast 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 165.71 265.53 275.27 276.71 326.16

MEX:TOST vs AKAM, RBRK, GEN: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Toast'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.


Toast ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Toast's ROC (Joel Greenblatt) % distribution charts can be found below:

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


MEX:TOST
84GF Score
Toast Inc MEX:TOST
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toast 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)
=(1854.587 + 2052.65 + 7868.49) - (11199.545 + 1224.388 + 5023.59)
=-5671.796

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2037.695 + 2452.447 + 9881.919) - (11198.307 + 1316.387 + 6672.099)
=-4814.732

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Toast 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 )
=7934.388/( ( (2376.752 + max(-5671.796, 0)) + (2488.513 + max(-4814.732, 0)) )/ 2 )
=7934.388/( ( 2376.752 + 2488.513 )/ 2 )
=7934.388/2432.6325
=326.16 %

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 326.16% mean?
Toast (MEX:TOST) has a ROC (Joel Greenblatt) % of 326.16% 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 Toast and its competitors. According to the industry distribution chart, Toast ranks #320 out of 2807 companies in the Software industry, placing it in the top 11.4%.
Is Toast's ROC (Joel Greenblatt) % too high?
Toast's current ROC (Joel Greenblatt) % is 326.16%. The Software industry median ROC (Joel Greenblatt) % is 19.62. Toast's value of 326.16% is 1562.4% above this industry median. Based on the distribution chart, Toast ranks #320 out of 2807 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Toast has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toast's ROC (Joel Greenblatt) % compare to AKAM and RBRK?
According to the Software industry distribution chart, Toast ranks #320 out of 2807 companies for ROC (Joel Greenblatt) %. This places Toast in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.62. Toast's value of 326.16% is 1562.4% above this benchmark. 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.62, based on 2,807 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. Toast's current ROC (Joel Greenblatt) % of 326.16% is 1562.4% 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 Toast and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toast's current ROC (Joel Greenblatt) % is 326.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toast stock overvalued right now?
Based on GuruFocus' analysis, Toast (MEX:TOST) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN610.45, compared to a current price of MXN435.00 — trading 28.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 326.16% and 1562.4% above the Software industry median of 19.62. Toast's overall GF Score™ is 84/100 with 3 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 Toast (MEX:TOST), the current ROC (Joel Greenblatt) % is 326.16% 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 Toast (MEX:TOST) Overvalued in 2026?

Based on GuruFocus' analysis, Toast stock appears to be undervalued. The current stock price of MXN435.00 is trading 28.7% below its estimated GF Value™ of MXN610.45. GuruFocus considers Toast to be Significantly Undervalued.

Key valuation signals for MEX:TOST:

  • ROC (Joel Greenblatt) %: 326.16%
  • GF Value™: MXN610.45 vs. price of MXN435.00 (28.7% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 1562.4% above the Software median (#320 of 2807)

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


Toast Business Description

Address 333 Summer Street, Boston, MA, USA, 02210
Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.
84GF Score

Get the complete analysis for MEX:TOST

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

MXN435.00
Price
MXN610.45
GF Value