Tiger BrandsTBLMF +1.37%71 ROC (Joel Greenblatt) % is 43.34% as of Mar. 2026, which is 7% above its 10-year median of 40.47. GuruFocus rates TBLMF with a GF Score™ of 71/100 and a GF Value™ of $18.99. The stock has 2 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, Tiger Brands ranks better than 88.83% 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. Tiger Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.34%.
The historical rank and industry rank for Tiger Brands's ROC (Joel Greenblatt) % or its related term are showing as below:
TBLMF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.57 Med: 40.47 Max: 59.34
Current: 45.98
During the past 13 years, Tiger Brands's highest ROC (Joel Greenblatt) % was 59.34%. The lowest was 24.57%. And the median was 40.47%.
TBLMF's ROC (Joel Greenblatt) % is ranked better than 88.83% of 1969
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs TBLMF: 45.98
Tiger Brands's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.10% 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.
Tiger Brands ROC (Joel Greenblatt) % Related Terms
Tiger Brands ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Tiger Brands'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.
TBLMF vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Tiger Brands'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.
Tiger Brands ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tiger Brands's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tiger Brands'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 two times the semi-annual (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 43.34% mean?
Tiger Brands (TBLMF) has a ROC (Joel Greenblatt) % of 43.34% 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 Tiger Brands and its competitors. This is near median its historical median of 40.47. Over the past decade, Tiger Brands' ROC (Joel Greenblatt) % has ranged from 24.57 to 59.34. According to the industry distribution chart, Tiger Brands ranks #220 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 11.2%.
Is Tiger Brands' ROC (Joel Greenblatt) % too high?
Tiger Brands' current ROC (Joel Greenblatt) % of 43.34% is near median its 10-year median of 40.47. Over the past 10 years, this metric has ranged from a low of 24.57 to a high of 59.34. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Tiger Brands' value of 43.34% is 261.5% above this industry median. Based on the distribution chart, Tiger Brands ranks #220 out of 1969 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Tiger Brands has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Tiger Brands' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tiger Brands ranks #220 out of 1969 companies for ROC (Joel Greenblatt) %. This places Tiger Brands in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Tiger Brands' value of 43.34% is 261.5% above this benchmark. Historically, Tiger Brands' own ROC (Joel Greenblatt) % has ranged from 24.57 to 59.34 over the past decade. While the company's 10-year median is 40.47 vs. the industry median of 11.99, Tiger Brands 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,969 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. Tiger Brands's current ROC (Joel Greenblatt) % of 43.34% is 261.5% 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 Tiger Brands and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiger Brands's current ROC (Joel Greenblatt) % is 43.34%, which is near median its own 10-year median of 40.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiger Brands stock overvalued right now?
Tiger Brands (TBLMF) has a current ROC (Joel Greenblatt) % of 43.34%. The stock's GF Value™ is $18.99, compared to a current price of $20.88 — trading 10% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.34%, which is near median its 10-year median of 40.47 and 261.5% above the Consumer Packaged Goods industry median of 11.99. Tiger Brands' overall GF Score™ is 71/100 with 2 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 Tiger Brands (TBLMF), the current ROC (Joel Greenblatt) % is 43.34% 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 Tiger Brands (TBLMF) Overvalued in 2026?
Based on GuruFocus' analysis, Tiger Brands stock appears to be overvalued.
The current stock price of $20.88 is trading 10% above its estimated GF Value™ of $18.99.
Key valuation signals for TBLMF:
ROC (Joel Greenblatt) %: 43.34% (near median its 10-year median of 40.47)
GF Value™: $18.99 vs. price of $20.88 (10% above fair value)
Industry Position: 261.5% above the Consumer Packaged Goods median (#220 of 1969)
No single metric tells the full story. See the TBLMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tiger Brands Ltd is an African producer and distributor of branded food, beverage, home, and personal care products. Its operations are predominantly in Southern Africa, with additional market presence in other parts of the African continent through exports. The company's reportable product segments are Milling and Baking, Grains, Culinary, Snacks, Treats and Beverages, Home, Personal and Baby Care. The company derives the majority of revenue from the product sales of the Culinary segment, which includes canned fruit and vegetables, condiments and ingredients, spreads, baby nutrition and Davita exports.
71GF Score
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