Technip Energies NVTHNPF 85 ROC (Joel Greenblatt) % is 115.41% as of Dec. 2025, which is 14% below its 10-year median of 134.79. GuruFocus rates THNPF with a GF Score™ of 85/100 and a GF Value™ of $37.44 (Fairly Valued). The stock has 6 warning signs investors should review. Among 999 Oil & Gas companies, Technip Energies NV ranks better than 97% 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. Technip Energies NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 115.41%.
The historical rank and industry rank for Technip Energies NV's ROC (Joel Greenblatt) % or its related term are showing as below:
THNPF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 90.13 Med: 134.79 Max: 217.65
Current: 130.45
During the past 9 years, Technip Energies NV's highest ROC (Joel Greenblatt) % was 217.65%. The lowest was 90.13%. And the median was 134.79%.
THNPF's ROC (Joel Greenblatt) % is ranked better than 97% of 999
companies
in the Oil & Gas industry
Industry Median: 8.41
vs THNPF: 130.45
Technip Energies NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.20% 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.
Technip Energies NV ROC (Joel Greenblatt) % Related Terms
Technip Energies NV ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Technip Energies NV'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.
THNPF vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.
Technip Energies NV ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Technip Energies NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Technip Energies NV'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 (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 115.41% mean?
Technip Energies NV (THNPF) has a ROC (Joel Greenblatt) % of 115.41% 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 Technip Energies NV and its competitors. This is 14% below median its historical median of 134.79. Over the past decade, Technip Energies NV's ROC (Joel Greenblatt) % has ranged from 90.13 to 217.65. According to the industry distribution chart, Technip Energies NV ranks #30 out of 999 companies in the Oil & Gas industry, placing it in the top 3%.
Is Technip Energies NV's ROC (Joel Greenblatt) % too high?
Technip Energies NV's current ROC (Joel Greenblatt) % of 115.41% is 14% below median its 10-year median of 134.79. Over the past 10 years, this metric has ranged from a low of 90.13 to a high of 217.65. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.41. Technip Energies NV's value of 115.41% is 1272.3% above this industry median. Based on the distribution chart, Technip Energies NV ranks #30 out of 999 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Technip Energies NV has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technip Energies NV's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Technip Energies NV ranks #30 out of 999 companies for ROC (Joel Greenblatt) %. This places Technip Energies NV in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.41. Technip Energies NV's value of 115.41% is 1272.3% above this benchmark. Historically, Technip Energies NV's own ROC (Joel Greenblatt) % has ranged from 90.13 to 217.65 over the past decade. While the company's 10-year median is 134.79 vs. the industry median of 8.41, Technip Energies NV 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 8.41, based on 999 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. Technip Energies NV's current ROC (Joel Greenblatt) % of 115.41% is 1272.3% 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 Technip Energies NV and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technip Energies NV's current ROC (Joel Greenblatt) % is 115.41%, which is 14% below median its own 10-year median of 134.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technip Energies NV stock overvalued right now?
Based on GuruFocus' analysis, Technip Energies NV (THNPF) is currently considered Fairly Valued. The stock's GF Value™ is $37.44, compared to a current price of $40.15 — trading 7.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 115.41%, which is 14% below median its 10-year median of 134.79 and 1272.3% above the Oil & Gas industry median of 8.41. Technip Energies NV's overall GF Score™ is 85/100 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 Technip Energies NV (THNPF), the current ROC (Joel Greenblatt) % is 115.41% 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 Technip Energies NV (THNPF) Overvalued in 2026?
Based on GuruFocus' analysis, Technip Energies NV stock appears to be overvalued.
The current stock price of $40.15 is trading 7.2% above its estimated GF Value™ of $37.44.
GuruFocus considers Technip Energies NV to be Fairly Valued.
Key valuation signals for THNPF:
ROC (Joel Greenblatt) %: 115.41% (14% below median its 10-year median of 134.79)
GF Value™: $37.44 vs. price of $40.15 (7.2% above fair value)
Industry Position: 1272.3% above the Oil & Gas median (#30 of 999)
No single metric tells the full story. See the THNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products, and services on energy infrastructure both onshore and offshore. Technip Energies is positioned on two operating segments addressing its key markets: Technology Products & Services (TPS) and Project Delivery. Substantial revenue is derived from the Project Delivery segment that provides comprehensive engineering, procurement and construction delivery capabilities globally. Geographically, it operates in Europe & Central Asia; Africa & Middle East; Asia Pacific; and Americas.
85GF Score
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