Trican Well ServiceTOLWF +3.30%79 ROC (Joel Greenblatt) % is 23.51% as of Mar. 2026, which is 255% above its 10-year median of 6.62. GuruFocus rates TOLWF with a GF Score™ of 79/100 and a GF Value™ of $4.35 (Fairly Valued). The stock has 1 warning sign investors should review. Among 998 Oil & Gas companies, Trican Well Service ranks better than 80.26% 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. Trican Well Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.51%.
The historical rank and industry rank for Trican Well Service's ROC (Joel Greenblatt) % or its related term are showing as below:
TOLWF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -45.42 Med: 6.62 Max: 32.29
Current: 23.47
During the past 13 years, Trican Well Service's highest ROC (Joel Greenblatt) % was 32.29%. The lowest was -45.42%. And the median was 6.62%.
TOLWF's ROC (Joel Greenblatt) % is ranked better than 80.26% of 998
companies
in the Oil & Gas industry
Industry Median: 8.415
vs TOLWF: 23.47
Trican Well Service's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Trican Well Service (OTCPK:TOLWF) 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.
Trican Well Service ROC (Joel Greenblatt) % Related Terms
Trican Well Service ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Trican Well Service'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.
TOLWF vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Trican Well Service'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.
Trican Well Service ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trican Well Service's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Trican Well Service's ROC (Joel Greenblatt) % falls into.
Trican Well Service 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 23.51% mean?
Trican Well Service (TOLWF) has a ROC (Joel Greenblatt) % of 23.51% 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 Trican Well Service and its competitors. This is 255% above median its historical median of 6.62. According to the industry distribution chart, Trican Well Service ranks #197 out of 998 companies in the Oil & Gas industry, placing it in the top 19.7%.
Is Trican Well Service's ROC (Joel Greenblatt) % too high?
Trican Well Service's current ROC (Joel Greenblatt) % of 23.51% is 255% above median its 10-year median of 6.62. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.42. Trican Well Service's value of 23.51% is 179.4% above this industry median. Based on the distribution chart, Trican Well Service ranks #197 out of 998 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Trican Well Service has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trican Well Service's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Trican Well Service ranks #197 out of 998 companies for ROC (Joel Greenblatt) %. This places Trican Well Service in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.42. Trican Well Service's value of 23.51% is 179.4% above this benchmark. While the company's 10-year median is 6.62 vs. the industry median of 8.42, Trican Well Service 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 8.42, 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. Trican Well Service's current ROC (Joel Greenblatt) % of 23.51% is 179.4% 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 Trican Well Service and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trican Well Service's current ROC (Joel Greenblatt) % is 23.51%, which is 255% above median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trican Well Service stock overvalued right now?
Based on GuruFocus' analysis, Trican Well Service (TOLWF) is currently considered Fairly Valued. The stock's GF Value™ is $4.35, compared to a current price of $4.70 — trading 8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 23.51%, which is 255% above median its 10-year median of 6.62 and 179.4% above the Oil & Gas industry median of 8.42. Trican Well Service's overall GF Score™ is 79/100 with 1 warning sign 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 Trican Well Service (TOLWF), the current ROC (Joel Greenblatt) % is 23.51% 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 Trican Well Service (TOLWF) Overvalued in 2026?
Based on GuruFocus' analysis, Trican Well Service stock appears to be overvalued.
The current stock price of $4.70 is trading 8% above its estimated GF Value™ of $4.35.
GuruFocus considers Trican Well Service to be Fairly Valued.
Key valuation signals for TOLWF:
ROC (Joel Greenblatt) %: 23.51% (255% above median its 10-year median of 6.62)
GF Value™: $4.35 vs. price of $4.70 (8% above fair value)
Industry Position: 179.4% above the Oil & Gas median (#197 of 998)
No single metric tells the full story. See the TOLWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells through its continuing pressure pumping operations in Canada. Additionally, the company offers services related to coiled tubing, pipeline service, cementing, fracturing, and reservoir solutions to customers operating from bases located across the Western Canadian Sedimentary Basin (WCSB).
79GF Score
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