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Thomas Cook IndiaNSE:THOMASCOOK +0.45%64 ROC (Joel Greenblatt) % is 15.83% as of Mar. 2026, which is 18% below its 10-year median of 19.41. GuruFocus rates NSE:THOMASCOOK with a GF Score™ of 64/100 and a GF Value™ of ₹181.68 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 847 Travel & Leisure companies, Thomas Cook India ranks better than 71.9% 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. Thomas Cook India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.83%.
The historical rank and industry rank for Thomas Cook India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:THOMASCOOK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.43 Med: 19.41 Max: 823.57
Current: 25.86
During the past 13 years, Thomas Cook India's highest ROC (Joel Greenblatt) % was 823.57%. The lowest was -25.43%. And the median was 19.41%.
NSE:THOMASCOOK's ROC (Joel Greenblatt) % is ranked better than 71.9% of 847
companies
in the Travel & Leisure industry
Industry Median: 9.91
vs NSE:THOMASCOOK: 25.86
Thomas Cook India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Thomas Cook India (NSE:THOMASCOOK) 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.
Thomas Cook India ROC (Joel Greenblatt) % Related Terms
Thomas Cook India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Thomas Cook India'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.
NSE:THOMASCOOK vs BKNG, ABNB, RCL: ROC (Joel Greenblatt) % Comparison
For the Travel Services subindustry, Thomas Cook India'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.
Thomas Cook India ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Thomas Cook India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thomas Cook India's ROC (Joel Greenblatt) % falls into.
Thomas Cook India 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:
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 (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 15.83% mean?
Thomas Cook India (NSE:THOMASCOOK) has a ROC (Joel Greenblatt) % of 15.83% 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 Thomas Cook India and its competitors. This is 18% below median its historical median of 19.41. According to the industry distribution chart, Thomas Cook India ranks #238 out of 847 companies in the Travel & Leisure industry, placing it in the top 28.1%.
Is Thomas Cook India's ROC (Joel Greenblatt) % too high?
Thomas Cook India's current ROC (Joel Greenblatt) % of 15.83% is 18% below median its 10-year median of 19.41. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.91. Thomas Cook India's value of 15.83% is 59.7% above this industry median. Based on the distribution chart, Thomas Cook India ranks #238 out of 847 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Thomas Cook India has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thomas Cook India's ROC (Joel Greenblatt) % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Thomas Cook India ranks #238 out of 847 companies for ROC (Joel Greenblatt) %. This puts Thomas Cook India in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.91. Thomas Cook India's value of 15.83% is 59.7% above this benchmark. While the company's 10-year median is 19.41 vs. the industry median of 9.91, Thomas Cook India 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.91, based on 847 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. Thomas Cook India's current ROC (Joel Greenblatt) % of 15.83% is 59.7% 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 Thomas Cook India and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomas Cook India's current ROC (Joel Greenblatt) % is 15.83%, which is 18% below median its own 10-year median of 19.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomas Cook India stock overvalued right now?
Based on GuruFocus' analysis, Thomas Cook India (NSE:THOMASCOOK) is currently considered Possible Value Trap. The stock's GF Value™ is ₹181.68, compared to a current price of ₹103.14 — trading 43.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.83%, which is 18% below median its 10-year median of 19.41 and 59.7% above the Travel & Leisure industry median of 9.91. Thomas Cook India's overall GF Score™ is 64/100 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 Thomas Cook India (NSE:THOMASCOOK), the current ROC (Joel Greenblatt) % is 15.83% 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 Thomas Cook India (NSE:THOMASCOOK) Overvalued in 2026?
Based on GuruFocus' analysis, Thomas Cook India stock appears to be undervalued.
The current stock price of ₹103.14 is trading 43.2% below its estimated GF Value™ of ₹181.68.
GuruFocus considers Thomas Cook India to be Possible Value Trap.
Key valuation signals for NSE:THOMASCOOK:
ROC (Joel Greenblatt) %: 15.83% (18% below median its 10-year median of 19.41)
GF Value™: ₹181.68 vs. price of ₹103.14 (43.2% below fair value)
Industry Position: 59.7% above the Travel & Leisure median (#238 of 847)
No single metric tells the full story. See the NSE:THOMASCOOK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thomas Cook India Ltd is a travel and tourism company domiciled in India. The company's segment includes Financial Services, Travel and related services, and Leisure hospitality & resorts business. It generates maximum revenue from the Travel and related services segment. Travel and related services include tour operations, travel management, visa services, and travel insurance and related services.
64GF 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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