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Tolins TyresNSE:TOLINS +0.74%47 ROC (Joel Greenblatt) % is 13.01% as of Mar. 2026, which is 24% below its 10-year median of 17.11. GuruFocus rates NSE:TOLINS with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Tolins Tyres ranks better than 60.15% 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. Tolins Tyres's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.01%.
The historical rank and industry rank for Tolins Tyres's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:TOLINS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.13 Med: 17.11 Max: 37.84
Current: 15.41
During the past 6 years, Tolins Tyres's highest ROC (Joel Greenblatt) % was 37.84%. The lowest was 8.13%. And the median was 17.11%.
NSE:TOLINS's ROC (Joel Greenblatt) % is ranked better than 60.15% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 12.045
vs NSE:TOLINS: 15.41
Tolins Tyres's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 22.80% per year.
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.
Tolins Tyres ROC (Joel Greenblatt) % Related Terms
Tolins Tyres ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Tolins Tyres'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:TOLINS vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Tolins Tyres'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.
Tolins Tyres ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tolins Tyres's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tolins Tyres'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 (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 13.01% mean?
Tolins Tyres (NSE:TOLINS) has a ROC (Joel Greenblatt) % of 13.01% 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 Tolins Tyres and its competitors. This is 24% below median its historical median of 17.11. Over the past decade, Tolins Tyres' ROC (Joel Greenblatt) % has ranged from 8.13 to 37.84. According to the industry distribution chart, Tolins Tyres ranks #530 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 39.8%.
Is Tolins Tyres' ROC (Joel Greenblatt) % too high?
Tolins Tyres' current ROC (Joel Greenblatt) % of 13.01% is 24% below median its 10-year median of 17.11. Over the past 10 years, this metric has ranged from a low of 8.13 to a high of 37.84. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.05. Tolins Tyres' value of 13.01% is 8% above this industry median. Based on the distribution chart, Tolins Tyres ranks #530 out of 1330 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tolins Tyres has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Tolins Tyres' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tolins Tyres ranks #530 out of 1330 companies for ROC (Joel Greenblatt) %. This puts Tolins Tyres in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Tolins Tyres' value of 13.01% is 8% above this benchmark. Historically, Tolins Tyres' own ROC (Joel Greenblatt) % has ranged from 8.13 to 37.84 over the past decade. While the company's 10-year median is 17.11 vs. the industry median of 12.05, Tolins Tyres 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.05, based on 1,330 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. Tolins Tyres's current ROC (Joel Greenblatt) % of 13.01% is 8% 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 Tolins Tyres and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tolins Tyres's current ROC (Joel Greenblatt) % is 13.01%, which is 24% below median its own 10-year median of 17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tolins Tyres stock overvalued right now?
Tolins Tyres (NSE:TOLINS) has a current ROC (Joel Greenblatt) % of 13.01%. The current ROC (Joel Greenblatt) % is 13.01%, which is 24% below median its 10-year median of 17.11 and 8% above the Vehicles & Parts industry median of 12.05. Tolins Tyres' overall GF Score™ is 47/100 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 Tolins Tyres (NSE:TOLINS), the current ROC (Joel Greenblatt) % is 13.01% 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.
Tolins Tyres Ltd is one of the companies that are present in both verticals, namely the manufacturing of new tyres and tread rubber. The company is engaged in the manufacturing of bias tyres for a comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and precured tread rubber and is also involved in the manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.
47GF Score
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