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Teekay TankersTNK -2.45%59 ROC (Joel Greenblatt) % is 54.94% as of Mar. 2026, which is 621% above its 10-year median of 7.62. GuruFocus rates TNK with a GF Score™ of 59/100 and a GF Value™ of $37.75 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 998 Oil & Gas companies, Teekay Tankers ranks better than 89.78% 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. Teekay Tankers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 54.94%.
The historical rank and industry rank for Teekay Tankers's ROC (Joel Greenblatt) % or its related term are showing as below:
TNK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.96 Med: 7.62 Max: 41.27
Current: 37.96
During the past 13 years, Teekay Tankers's highest ROC (Joel Greenblatt) % was 41.27%. The lowest was -13.96%. And the median was 7.62%.
TNK's ROC (Joel Greenblatt) % is ranked better than 89.78% of 998
companies
in the Oil & Gas industry
Industry Median: 8.56
vs TNK: 37.96
Teekay Tankers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Teekay Tankers ROC (Joel Greenblatt) % Related Terms
Teekay Tankers ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Teekay Tankers'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.
TNK vs NGL, DHT, GEL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Midstream subindustry, Teekay Tankers'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.
Teekay Tankers ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Teekay Tankers's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Teekay Tankers'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 54.94% mean?
Teekay Tankers (TNK) has a ROC (Joel Greenblatt) % of 54.94% 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 Teekay Tankers and its competitors. This is 621% above median its historical median of 7.62. According to the industry distribution chart, Teekay Tankers ranks #102 out of 998 companies in the Oil & Gas industry, placing it in the top 10.2%.
Is Teekay Tankers' ROC (Joel Greenblatt) % too high?
Teekay Tankers' current ROC (Joel Greenblatt) % of 54.94% is 621% above median its 10-year median of 7.62. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.56. Teekay Tankers' value of 54.94% is 541.8% above this industry median. Based on the distribution chart, Teekay Tankers ranks #102 out of 998 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Teekay Tankers has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teekay Tankers' ROC (Joel Greenblatt) % compare to NGL and DHT?
According to the Oil & Gas industry distribution chart, Teekay Tankers ranks #102 out of 998 companies for ROC (Joel Greenblatt) %. This places Teekay Tankers in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.56. Teekay Tankers' value of 54.94% is 541.8% above this benchmark. While the company's 10-year median is 7.62 vs. the industry median of 8.56, Teekay Tankers 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. Teekay Tankers's current ROC (Joel Greenblatt) % of 54.94% is 541.8% 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 Teekay Tankers 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. Teekay Tankers's current ROC (Joel Greenblatt) % is 54.94%, which is 621% above median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teekay Tankers stock overvalued right now?
Based on GuruFocus' analysis, Teekay Tankers (TNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.75, compared to a current price of $70.07 — trading 85.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 54.94%, which is 621% above median its 10-year median of 7.62 and 541.8% above the Oil & Gas industry median of 8.56. Teekay Tankers' overall GF Score™ is 59/100 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 Teekay Tankers (TNK), the current ROC (Joel Greenblatt) % is 54.94% 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 Teekay Tankers (TNK) Overvalued in 2026?
Based on GuruFocus' analysis, Teekay Tankers stock appears to be overvalued.
The current stock price of $70.07 is trading 85.6% above its estimated GF Value™ of $37.75.
GuruFocus considers Teekay Tankers to be Significantly Overvalued.
Key valuation signals for TNK:
ROC (Joel Greenblatt) %: 54.94% (621% above median its 10-year median of 7.62)
GF Value™: $37.75 vs. price of $70.07 (85.6% above fair value)
Industry Position: 541.8% above the Oil & Gas median (#102 of 998)
No single metric tells the full story. See the TNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teekay Tankers Ltd is a provider of marine services to the international oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.
59GF Score
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