TapestryTPR +0.38%74 ROC (Joel Greenblatt) % is 84.33% as of Mar. 2026, which is 61% above its 10-year median of 52.29. GuruFocus rates TPR with a GF Score™ of 74/100 and a GF Value™ of $76.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Tapestry ranks better than 84.59% 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. Tapestry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 84.33%.
The historical rank and industry rank for Tapestry's ROC (Joel Greenblatt) % or its related term are showing as below:
TPR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.48 Med: 52.29 Max: 91.91
Current: 42.02
During the past 13 years, Tapestry's highest ROC (Joel Greenblatt) % was 91.91%. The lowest was -26.48%. And the median was 52.29%.
TPR's ROC (Joel Greenblatt) % is ranked better than 84.59% of 1123
companies
in the Retail - Cyclical industry
Industry Median: 11.57
vs TPR: 42.02
Tapestry'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.
The historical data trend for Tapestry'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.
TPR vs SIG, CPRI, REAL: ROC (Joel Greenblatt) % Comparison
For the Luxury Goods subindustry, Tapestry'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.
Tapestry ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tapestry's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tapestry'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 84.33% mean?
Tapestry (TPR) has a ROC (Joel Greenblatt) % of 84.33% 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 Tapestry and its competitors. This is 61% above median its historical median of 52.29. According to the industry distribution chart, Tapestry ranks #173 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 15.4%.
Is Tapestry's ROC (Joel Greenblatt) % too high?
Tapestry's current ROC (Joel Greenblatt) % of 84.33% is 61% above median its 10-year median of 52.29. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. Tapestry's value of 84.33% is 628.9% above this industry median. Based on the distribution chart, Tapestry ranks #173 out of 1123 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tapestry has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tapestry's ROC (Joel Greenblatt) % compare to SIG and CPRI?
According to the Retail - Cyclical industry distribution chart, Tapestry ranks #173 out of 1123 companies for ROC (Joel Greenblatt) %. This places Tapestry in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.57. Tapestry's value of 84.33% is 628.9% above this benchmark. While the company's 10-year median is 52.29 vs. the industry median of 11.57, Tapestry 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.57, based on 1,123 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. Tapestry's current ROC (Joel Greenblatt) % of 84.33% is 628.9% 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 Tapestry and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tapestry's current ROC (Joel Greenblatt) % is 84.33%, which is 61% above median its own 10-year median of 52.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapestry stock overvalued right now?
Based on GuruFocus' analysis, Tapestry (TPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $76.80, compared to a current price of $146.56 — trading 90.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 84.33%, which is 61% above median its 10-year median of 52.29 and 628.9% above the Retail - Cyclical industry median of 11.57. Tapestry's overall GF Score™ is 74/100 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 Tapestry (TPR), the current ROC (Joel Greenblatt) % is 84.33% 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 Tapestry (TPR) Overvalued in 2026?
Based on GuruFocus' analysis, Tapestry stock appears to be overvalued.
The current stock price of $146.56 is trading 90.8% above its estimated GF Value™ of $76.80.
GuruFocus considers Tapestry to be Significantly Overvalued.
Key valuation signals for TPR:
ROC (Joel Greenblatt) %: 84.33% (61% above median its 10-year median of 52.29)
GF Value™: $76.80 vs. price of $146.56 (90.8% above fair value)
Industry Position: 628.9% above the Retail - Cyclical median (#173 of 1123)
No single metric tells the full story. See the TPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounted for 80% of its revenue and well over 90% of its operating profit in fiscal 2025. Handbags accounted for 58% of the brand's fiscal 2025 revenue. Coach products are sold through more than 950 company-owned stores, company-operated digital channels, and wholesale partners in North America, Asia, and Europe. Tapestry also owns Kate Spade (17% of fiscal 2025 revenue), which operates about 335 worldwide stores and generated 52% of its sales from handbags in fiscal 2025. Kate Spade is known for its colorful patterns and graphics. Tapestry sold its smallest brand, luxury footwear maker Stuart Weitzman, to Caleres in August 2025.
74GF Score
Get the complete analysis for TPR
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPR has been successfully added to your 
