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Topsports International HoldingsTPSRF 40 ROC (Joel Greenblatt) % is 12.04% as of Feb. 2026, which is 67% below its 10-year median of 37.04. GuruFocus rates TPSRF with a GF Score™ of 40/100 and a GF Value™ of $0.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Topsports International Holdings ranks better than 59.47% 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. Topsports International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 12.04%.
The historical rank and industry rank for Topsports International Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TPSRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.18 Med: 37.04 Max: 74.56
Current: 17.18
During the past 10 years, Topsports International Holdings's highest ROC (Joel Greenblatt) % was 74.56%. The lowest was 17.18%. And the median was 37.04%.
TPSRF's ROC (Joel Greenblatt) % is ranked better than 59.47% of 1125
companies
in the Retail - Cyclical industry
Industry Median: 11.57
vs TPSRF: 17.18
Topsports International Holdings (OTCPK:TPSRF) 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.
* 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.
Topsports International Holdings ROC (Joel Greenblatt) % Chart
TPSRF vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, Topsports International Holdings'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.
Topsports International Holdings ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Topsports International Holdings's ROC (Joel Greenblatt) % falls into.
Topsports International Holdings 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 two times the semi-annual (Feb. 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 12.04% mean?
Topsports International Holdings (TPSRF) has a ROC (Joel Greenblatt) % of 12.04% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Topsports International Holdings and its competitors. This is 67% below median its historical median of 37.04. Over the past decade, Topsports International Holdings' ROC (Joel Greenblatt) % has ranged from 17.18 to 74.56. According to the industry distribution chart, Topsports International Holdings ranks #456 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 40.5%.
Is Topsports International Holdings' ROC (Joel Greenblatt) % too high?
Topsports International Holdings' current ROC (Joel Greenblatt) % of 12.04% is 67% below median its 10-year median of 37.04. Over the past 10 years, this metric has ranged from a low of 17.18 to a high of 74.56. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. Topsports International Holdings' value of 12.04% is 4.1% above this industry median. Based on the distribution chart, Topsports International Holdings ranks #456 out of 1125 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Topsports International Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Topsports International Holdings ranks #456 out of 1125 companies for ROC (Joel Greenblatt) %. This puts Topsports International Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.57. Topsports International Holdings' value of 12.04% is 4.1% above this benchmark. Historically, Topsports International Holdings' own ROC (Joel Greenblatt) % has ranged from 17.18 to 74.56 over the past decade. While the company's 10-year median is 37.04 vs. the industry median of 11.57, Topsports International Holdings 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 1,125 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. Topsports International Holdings's current ROC (Joel Greenblatt) % of 12.04% is 4.1% 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 Topsports International Holdings 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. Topsports International Holdings's current ROC (Joel Greenblatt) % is 12.04%, which is 67% below median its own 10-year median of 37.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Topsports International Holdings (TPSRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.35, compared to a current price of $0.21 — trading 40.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.04%, which is 67% below median its 10-year median of 37.04 and 4.1% above the Retail - Cyclical industry median of 11.57. Topsports International Holdings' overall GF Score™ is 40/100 with 5 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 Topsports International Holdings (TPSRF), the current ROC (Joel Greenblatt) % is 12.04% as of Feb. 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 Topsports International Holdings (TPSRF) Overvalued in 2026?
Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued.
The current stock price of $0.21 is trading 40.6% below its estimated GF Value™ of $0.35.
GuruFocus considers Topsports International Holdings to be Possible Value Trap.
Key valuation signals for TPSRF:
ROC (Joel Greenblatt) %: 12.04% (67% below median its 10-year median of 37.04)
GF Value™: $0.35 vs. price of $0.21 (40.6% below fair value)
Industry Position: 4.1% above the Retail - Cyclical median (#456 of 1125)
No single metric tells the full story. See the TPSRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topsports International Holdings Business Description
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
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