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Transat ATTRZBF 74 ROC (Joel Greenblatt) % is -18.86% as of Apr. 2026. GuruFocus rates TRZBF with a GF Score™ of 74/100 and a GF Value™ of $1.94 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 847 Travel & Leisure companies, Transat AT ranks better than 76.15% 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. Transat AT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -18.86%.
The historical rank and industry rank for Transat AT's ROC (Joel Greenblatt) % or its related term are showing as below:
TRZBF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.3 Med: 0.84 Max: 114.18
Current: 30.83
During the past 13 years, Transat AT's highest ROC (Joel Greenblatt) % was 114.18%. The lowest was -71.30%. And the median was 0.84%.
TRZBF's ROC (Joel Greenblatt) % is ranked better than 76.15% of 847
companies
in the Travel & Leisure industry
Industry Median: 9.91
vs TRZBF: 30.83
Transat AT's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Transat AT (OTCPK:TRZBF) 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.
Transat AT ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Transat AT'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.
TRZBF vs BKNG, ABNB, RCL: ROC (Joel Greenblatt) % Comparison
For the Travel Services subindustry, Transat AT'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.
Transat AT ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Transat AT's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Transat AT'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 (Apr. 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 -18.86% mean?
Transat AT (TRZBF) has a ROC (Joel Greenblatt) % of -18.86% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Transat AT and its competitors. According to the industry distribution chart, Transat AT ranks #202 out of 847 companies in the Travel & Leisure industry, placing it in the top 23.8%.
Is Transat AT's ROC (Joel Greenblatt) % too high?
Transat AT's current ROC (Joel Greenblatt) % is -18.86%. Based on the distribution chart, Transat AT ranks #202 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Transat AT has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transat AT's ROC (Joel Greenblatt) % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Transat AT ranks #202 out of 847 companies for ROC (Joel Greenblatt) %. This places Transat AT in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.91. 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.91, based on 847 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. 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 Transat AT and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transat AT's current ROC (Joel Greenblatt) % is -18.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transat AT stock overvalued right now?
Based on GuruFocus' analysis, Transat AT (TRZBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.94, compared to a current price of $1.67 — trading 13.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is -18.86%. Transat AT's overall GF Score™ is 74/100 with 4 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 Transat AT (TRZBF), the current ROC (Joel Greenblatt) % is -18.86% as of Apr. 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 Transat AT (TRZBF) Overvalued in 2026?
Based on GuruFocus' analysis, Transat AT stock appears to be undervalued.
The current stock price of $1.67 is trading 13.9% below its estimated GF Value™ of $1.94.
GuruFocus considers Transat AT to be Modestly Undervalued.
Key valuation signals for TRZBF:
ROC (Joel Greenblatt) %: -18.86%
GF Value™: $1.94 vs. price of $1.67 (13.9% below fair value)
No single metric tells the full story. See the TRZBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transat AT Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.
74GF Score
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