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Central Automotive ProductsTSE:8117 +2.01%98 ROC (Joel Greenblatt) % is 109.67% as of Mar. 2026, which is 22% below its 10-year median of 139.98. GuruFocus rates TSE:8117 with a GF Score™ of 98/100 and a GF Value™ of 円1,995.19 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Central Automotive Products ranks better than 97.07% 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. Central Automotive Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 109.67%.
The historical rank and industry rank for Central Automotive Products's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:8117'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 100.28 Med: 139.98 Max: 164.33
Current: 100.28
During the past 13 years, Central Automotive Products's highest ROC (Joel Greenblatt) % was 164.33%. The lowest was 100.28%. And the median was 139.98%.
TSE:8117's ROC (Joel Greenblatt) % is ranked better than 97.07% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 12.075
vs TSE:8117: 100.28
Central Automotive Products (TSE:8117) 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.
Central Automotive Products ROC (Joel Greenblatt) % Chart
TSE:8117 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Central Automotive Products'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.
Central Automotive Products ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Central Automotive Products's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Central Automotive Products's ROC (Joel Greenblatt) % falls into.
Central Automotive Products 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 109.67% mean?
Central Automotive Products (TSE:8117) has a ROC (Joel Greenblatt) % of 109.67% 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 Central Automotive Products and its competitors. This is 22% below median its historical median of 139.98. Over the past decade, Central Automotive Products' ROC (Joel Greenblatt) % has ranged from 100.28 to 164.33. According to the industry distribution chart, Central Automotive Products ranks #39 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 2.9%.
Is Central Automotive Products' ROC (Joel Greenblatt) % too high?
Central Automotive Products' current ROC (Joel Greenblatt) % of 109.67% is 22% below median its 10-year median of 139.98. Over the past 10 years, this metric has ranged from a low of 100.28 to a high of 164.33. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.08. Central Automotive Products' value of 109.67% is 808.2% above this industry median. Based on the distribution chart, Central Automotive Products ranks #39 out of 1330 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Central Automotive Products has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Central Automotive Products' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Central Automotive Products ranks #39 out of 1330 companies for ROC (Joel Greenblatt) %. This places Central Automotive Products in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.08. Central Automotive Products' value of 109.67% is 808.2% above this benchmark. Historically, Central Automotive Products' own ROC (Joel Greenblatt) % has ranged from 100.28 to 164.33 over the past decade. While the company's 10-year median is 139.98 vs. the industry median of 12.08, Central Automotive Products 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.08, based on 1,330 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. Central Automotive Products's current ROC (Joel Greenblatt) % of 109.67% is 808.2% 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 Central Automotive Products and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Automotive Products's current ROC (Joel Greenblatt) % is 109.67%, which is 22% below median its own 10-year median of 139.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Automotive Products stock overvalued right now?
Based on GuruFocus' analysis, Central Automotive Products (TSE:8117) is currently considered Fairly Valued. The stock's GF Value™ is 円1,995.19, compared to a current price of 円2,187.00 — trading 9.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 109.67%, which is 22% below median its 10-year median of 139.98 and 808.2% above the Vehicles & Parts industry median of 12.08. Central Automotive Products' overall GF Score™ is 98/100 with 2 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 Central Automotive Products (TSE:8117), the current ROC (Joel Greenblatt) % is 109.67% 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 Central Automotive Products (TSE:8117) Overvalued in 2026?
Based on GuruFocus' analysis, Central Automotive Products stock appears to be overvalued.
The current stock price of 円2,187.00 is trading 9.6% above its estimated GF Value™ of 円1,995.19.
GuruFocus considers Central Automotive Products to be Fairly Valued.
Key valuation signals for TSE:8117:
ROC (Joel Greenblatt) %: 109.67% (22% below median its 10-year median of 139.98)
GF Value™: 円1,995.19 vs. price of 円2,187.00 (9.6% above fair value)
Industry Position: 808.2% above the Vehicles & Parts median (#39 of 1330)
No single metric tells the full story. See the TSE:8117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Automotive Products Ltd is engaged in the business of developing automobile parts. The product line includes - Timing parts, piston rings, cylinder liners, engine bearing, transmission parts, suspension parts, steering parts, shock absorber, brake parts, clutch, cooling parts, air conditioning parts, filter, cable, and engine oil.
98GF Score
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