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TotalEnergies Marketing NigeriaNSA:TOTL 65 ROC (Joel Greenblatt) % is 25.59% as of Dec. 2025, which is 53% below its 10-year median of 54.67. GuruFocus rates NSA:TOTL with a GF Score™ of 65/100 and a GF Value™ of ₦582.26 (Fairly Valued). The stock has 6 warning signs investors should review. Among 998 Oil & Gas companies, TotalEnergies Marketing Nigeria ranks better than 61.32% 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. TotalEnergies Marketing Nigeria's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.59%.
The historical rank and industry rank for TotalEnergies Marketing Nigeria's ROC (Joel Greenblatt) % or its related term are showing as below:
NSA:TOTL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.35 Med: 54.67 Max: 108.75
Current: 12.35
During the past 13 years, TotalEnergies Marketing Nigeria's highest ROC (Joel Greenblatt) % was 108.75%. The lowest was 12.35%. And the median was 54.67%.
NSA:TOTL's ROC (Joel Greenblatt) % is ranked better than 61.32% of 998
companies
in the Oil & Gas industry
Industry Median: 8.56
vs NSA:TOTL: 12.35
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.
* 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.
NSA:TOTL vs VLO, MPC, PSX: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Nigeria'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.
TotalEnergies Marketing Nigeria ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TotalEnergies Marketing Nigeria's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TotalEnergies Marketing Nigeria'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 four times the quarterly (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 25.59% mean?
TotalEnergies Marketing Nigeria (NSA:TOTL) has a ROC (Joel Greenblatt) % of 25.59% 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 TotalEnergies Marketing Nigeria and its competitors. This is 53% below median its historical median of 54.67. Over the past decade, TotalEnergies Marketing Nigeria's ROC (Joel Greenblatt) % has ranged from 12.35 to 108.75. According to the industry distribution chart, TotalEnergies Marketing Nigeria ranks #386 out of 998 companies in the Oil & Gas industry, placing it in the top 38.7%.
Is TotalEnergies Marketing Nigeria's ROC (Joel Greenblatt) % too high?
TotalEnergies Marketing Nigeria's current ROC (Joel Greenblatt) % of 25.59% is 53% below median its 10-year median of 54.67. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 108.75. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.56. TotalEnergies Marketing Nigeria's value of 25.59% is 198.9% above this industry median. Based on the distribution chart, TotalEnergies Marketing Nigeria ranks #386 out of 998 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, TotalEnergies Marketing Nigeria has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies Marketing Nigeria's ROC (Joel Greenblatt) % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, TotalEnergies Marketing Nigeria ranks #386 out of 998 companies for ROC (Joel Greenblatt) %. This puts TotalEnergies Marketing Nigeria in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.56. TotalEnergies Marketing Nigeria's value of 25.59% is 198.9% above this benchmark. Historically, TotalEnergies Marketing Nigeria's own ROC (Joel Greenblatt) % has ranged from 12.35 to 108.75 over the past decade. While the company's 10-year median is 54.67 vs. the industry median of 8.56, TotalEnergies Marketing Nigeria 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.56, based on 998 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. TotalEnergies Marketing Nigeria's current ROC (Joel Greenblatt) % of 25.59% is 198.9% 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 TotalEnergies Marketing Nigeria and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies Marketing Nigeria's current ROC (Joel Greenblatt) % is 25.59%, which is 53% below median its own 10-year median of 54.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies Marketing Nigeria stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria (NSA:TOTL) is currently considered Fairly Valued. The stock's GF Value™ is ₦582.26, compared to a current price of ₦640.00 — trading 9.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.59%, which is 53% below median its 10-year median of 54.67 and 198.9% above the Oil & Gas industry median of 8.56. TotalEnergies Marketing Nigeria's overall GF Score™ is 65/100 with 6 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 TotalEnergies Marketing Nigeria (NSA:TOTL), the current ROC (Joel Greenblatt) % is 25.59% 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 TotalEnergies Marketing Nigeria (NSA:TOTL) Overvalued in 2026?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria stock appears to be overvalued.
The current stock price of ₦640.00 is trading 9.9% above its estimated GF Value™ of ₦582.26.
GuruFocus considers TotalEnergies Marketing Nigeria to be Fairly Valued.
Key valuation signals for NSA:TOTL:
ROC (Joel Greenblatt) %: 25.59% (53% below median its 10-year median of 54.67)
GF Value™: ₦582.26 vs. price of ₦640.00 (9.9% above fair value)
Industry Position: 198.9% above the Oil & Gas median (#386 of 998)
No single metric tells the full story. See the NSA:TOTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TotalEnergies Marketing Nigeria Business Description
TotalEnergies Marketing Nigeria PLC is engaged in the marketing and distribution of petroleum products. Its operating segment includes the Network segment, which includes sales to service stations. The General Trade segment is engaged in sales to corporate customers, excluding customers in the aviation industry. Its Aviation segment is engaged in sales to customers in the aviation industry. The company generates maximum revenue from the Network segment. Geographically, it derives a majority of revenue from Nigeria. Its product categories include Motorcycle Lubricants, Engine Oil for Cars, Engine Oils for Heavy-Duty Engines, and Other Lubricants.
65GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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