TRTPF (Trustpilot Group) ROC (Joel Greenblatt) %: 121.62% (As of Dec. 2025)


TRTPF Trustpilot Group PLC TRTPF
59 GF Score
Price $3.50
GF Value $2.92
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Trustpilot Group ROC (Joel Greenblatt) %?

Trustpilot Group TRTPF -0.85% 59 ROC (Joel Greenblatt) % is 121.62% as of Dec. 2025. GuruFocus rates TRTPF with a GF Score™ of 59/100 and a GF Value™ of $2.92 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,800 Software companies, Trustpilot Group ranks better than 69.21% 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. Trustpilot Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 121.62%.

The historical rank and industry rank for Trustpilot Group's ROC (Joel Greenblatt) % or its related term are showing as below:

TRTPF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -511.3   Med: -85.71   Max: 80.88
Current: 80.76

During the past 8 years, Trustpilot Group's highest ROC (Joel Greenblatt) % was 80.88%. The lowest was -511.30%. And the median was -85.71%.

TRTPF's ROC (Joel Greenblatt) % is ranked better than
69.21% of 2800 companies
in the Software industry
Industry Median: 19.625 vs TRTPF: 80.76

Trustpilot Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Trustpilot Group  (OTCPK:TRTPF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Trustpilot Group ROC (Joel Greenblatt) % Related Terms


Trustpilot Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Trustpilot Group'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.

Trustpilot Group ROC (Joel Greenblatt) % Chart

Trustpilot Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -157.61 -67.94 -0.23 30.82 83.48

Trustpilot Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.20 28.61 32.63 45.47 121.62

TRTPF vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Trustpilot Group'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.


Trustpilot Group ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Trustpilot Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Trustpilot Group's ROC (Joel Greenblatt) % falls into.


TRTPF
59GF Score
Trustpilot Group PLC TRTPF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trustpilot Group 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.905 + 0 + 14.433) - (37.385 + 0 + 55.819)
=-65.866

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.699 + 0 + 15.076) - (15.94 + 0 + 96.022)
=-83.187

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Trustpilot Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22.196/( ( (19.44 + max(-65.866, 0)) + (17.06 + max(-83.187, 0)) )/ 2 )
=22.196/( ( 19.44 + 17.06 )/ 2 )
=22.196/18.25
=121.62 %

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 121.62% mean?
Trustpilot Group (TRTPF) has a ROC (Joel Greenblatt) % of 121.62% 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 Trustpilot Group and its competitors. According to the industry distribution chart, Trustpilot Group ranks #862 out of 2800 companies in the Software industry, placing it in the top 30.8%.
Is Trustpilot Group's ROC (Joel Greenblatt) % too high?
Trustpilot Group's current ROC (Joel Greenblatt) % is 121.62%. The Software industry median ROC (Joel Greenblatt) % is 19.63. Trustpilot Group's value of 121.62% is 519.7% above this industry median. Based on the distribution chart, Trustpilot Group ranks #862 out of 2800 companies in the Software industry, which is above the industry midpoint. Overall, Trustpilot Group has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trustpilot Group's ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, Trustpilot Group ranks #862 out of 2800 companies for ROC (Joel Greenblatt) %. This puts Trustpilot Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Trustpilot Group's value of 121.62% is 519.7% above this benchmark. 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.63, based on 2,800 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. Trustpilot Group's current ROC (Joel Greenblatt) % of 121.62% is 519.7% 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 Trustpilot Group and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trustpilot Group's current ROC (Joel Greenblatt) % is 121.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustpilot Group stock overvalued right now?
Based on GuruFocus' analysis, Trustpilot Group (TRTPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.92, compared to a current price of $3.50 — trading 19.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 121.62% and 519.7% above the Software industry median of 19.63. Trustpilot Group's 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 Trustpilot Group (TRTPF), the current ROC (Joel Greenblatt) % is 121.62% 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 Trustpilot Group (TRTPF) Overvalued in 2026?

Based on GuruFocus' analysis, Trustpilot Group stock appears to be overvalued. The current stock price of $3.50 is trading 19.9% above its estimated GF Value™ of $2.92. GuruFocus considers Trustpilot Group to be Modestly Overvalued.

Key valuation signals for TRTPF:

  • ROC (Joel Greenblatt) %: 121.62%
  • GF Value™: $2.92 vs. price of $3.50 (19.9% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 519.7% above the Software median (#862 of 2800)

No single metric tells the full story. See the TRTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trustpilot Group Business Description

Other Exchanges TRSTl:UKTRST:UK6VZ:Germany
Address 21 Mincing Lane, 5th Floor, The Minster Building, London, GBR, EC3R 7AG
Trustpilot Group PLC and its subsidiaries consist of developing and hosting an online review platform that helps consumers make purchasing decisions and businesses showcase and improve their services. Trustpilot is open, independent, and impartial and helps consumers make the right choices and businesses to build trust, grow and improve. The group consists of more than 361million reviews and approximately 64 million monthly active users across the globe, with around 160 billion annual Trustbox impressions.
59GF Score

Get the complete analysis for TRTPF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.50
Price
$2.92
GF Value