A&W Food Services of CanadaTSX:AW -0.14%16 ROC (Joel Greenblatt) % is 323.13% as of Mar. 2026, which is 27% above its 10-year median of 253.68. GuruFocus rates TSX:AW with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 361 Restaurants companies, A&W Food Services of Canada ranks better than 98.34% 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. A&W Food Services of Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 323.13%.
The historical rank and industry rank for A&W Food Services of Canada's ROC (Joel Greenblatt) % or its related term are showing as below:
TSX:AW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 233.61 Med: 253.68 Max: 413.53
Current: 413.53
During the past 4 years, A&W Food Services of Canada's highest ROC (Joel Greenblatt) % was 413.53%. The lowest was 233.61%. And the median was 253.68%.
TSX:AW's ROC (Joel Greenblatt) % is ranked better than 98.34% of 361
companies
in the Restaurants industry
Industry Median: 8.73
vs TSX:AW: 413.53
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.
A&W Food Services of Canada ROC (Joel Greenblatt) % Chart
TSX:AW vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, A&W Food Services of Canada'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.
A&W Food Services of Canada ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, A&W Food Services of Canada's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where A&W Food Services of Canada's ROC (Joel Greenblatt) % falls into.
A&W Food Services of Canada 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 323.13% mean?
A&W Food Services of Canada (TSX:AW) has a ROC (Joel Greenblatt) % of 323.13% 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 A&W Food Services of Canada and its competitors. This is 27% above median its historical median of 253.68. Over the past decade, A&W Food Services of Canada's ROC (Joel Greenblatt) % has ranged from 233.61 to 413.53. According to the industry distribution chart, A&W Food Services of Canada ranks #6 out of 361 companies in the Restaurants industry, placing it in the top 1.7%.
Is A&W Food Services of Canada's ROC (Joel Greenblatt) % too high?
A&W Food Services of Canada's current ROC (Joel Greenblatt) % of 323.13% is 27% above median its 10-year median of 253.68. Over the past 10 years, this metric has ranged from a low of 233.61 to a high of 413.53. The Restaurants industry median ROC (Joel Greenblatt) % is 8.73. A&W Food Services of Canada's value of 323.13% is 3601.4% above this industry median. Based on the distribution chart, A&W Food Services of Canada ranks #6 out of 361 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, A&W Food Services of Canada has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does A&W Food Services of Canada's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, A&W Food Services of Canada ranks #6 out of 361 companies for ROC (Joel Greenblatt) %. This places A&W Food Services of Canada in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.73. A&W Food Services of Canada's value of 323.13% is 3601.4% above this benchmark. Historically, A&W Food Services of Canada's own ROC (Joel Greenblatt) % has ranged from 233.61 to 413.53 over the past decade. While the company's 10-year median is 253.68 vs. the industry median of 8.73, A&W Food Services of Canada 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.73, based on 361 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. A&W Food Services of Canada's current ROC (Joel Greenblatt) % of 323.13% is 3601.4% 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 A&W Food Services of Canada and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A&W Food Services of Canada's current ROC (Joel Greenblatt) % is 323.13%, which is 27% above median its own 10-year median of 253.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A&W Food Services of Canada stock overvalued right now?
A&W Food Services of Canada (TSX:AW) has a current ROC (Joel Greenblatt) % of 323.13%. The current ROC (Joel Greenblatt) % is 323.13%, which is 27% above median its 10-year median of 253.68 and 3601.4% above the Restaurants industry median of 8.73. A&W Food Services of Canada's overall GF Score™ is 16/100 with 6 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 A&W Food Services of Canada (TSX:AW), the current ROC (Joel Greenblatt) % is 323.13% 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.
A&W Food Services of Canada Inc is in the business of developing and franchising quick service restaurants in Canada and owns the A&W trademarks used in the A&W quick service restaurant business in Canada. The Company also has one geographic segment as all assets and operations are in Canada.
16GF Score
Get the complete analysis for TSX:AW
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
TSX:AW has been successfully added to your 
