Chorus AviationTSX:CHR +2.48%78 ROC (Joel Greenblatt) % is 5.96% as of Mar. 2026, which is 20% below its 10-year median of 7.41. GuruFocus rates TSX:CHR with a GF Score™ of 78/100 and a GF Value™ of C$20.40 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 998 Transportation companies, Chorus Aviation ranks worse than 56.71% 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. Chorus Aviation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.96%.
The historical rank and industry rank for Chorus Aviation's ROC (Joel Greenblatt) % or its related term are showing as below:
TSX:CHR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.38 Med: 7.41 Max: 16.02
Current: 9.78
During the past 13 years, Chorus Aviation's highest ROC (Joel Greenblatt) % was 16.02%. The lowest was 2.38%. And the median was 7.41%.
TSX:CHR's ROC (Joel Greenblatt) % is ranked worse than 56.71% of 998
companies
in the Transportation industry
Industry Median: 11.695
vs TSX:CHR: 9.78
Chorus Aviation's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.20% per year.
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.
Chorus Aviation ROC (Joel Greenblatt) % Related Terms
Chorus Aviation ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Chorus Aviation'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.
TSX:CHR vs JOBY: ROC (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Chorus Aviation'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.
Chorus Aviation ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Chorus Aviation's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chorus Aviation'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 (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 5.96% mean?
Chorus Aviation (TSX:CHR) has a ROC (Joel Greenblatt) % of 5.96% 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 Chorus Aviation and its competitors. This is 20% below median its historical median of 7.41. Over the past decade, Chorus Aviation's ROC (Joel Greenblatt) % has ranged from 2.38 to 16.02. According to the industry distribution chart, Chorus Aviation ranks #566 out of 998 companies in the Transportation industry, placing it in the top 56.7%.
Is Chorus Aviation's ROC (Joel Greenblatt) % too high?
Chorus Aviation's current ROC (Joel Greenblatt) % of 5.96% is 20% below median its 10-year median of 7.41. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 16.02. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. Chorus Aviation's value of 5.96% is 49% below this industry median. Based on the distribution chart, Chorus Aviation ranks #566 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, Chorus Aviation has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's ROC (Joel Greenblatt) % compare to JOBY?
According to the Transportation industry distribution chart, Chorus Aviation ranks #566 out of 998 companies for ROC (Joel Greenblatt) %. This places Chorus Aviation in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.70. Chorus Aviation's value of 5.96% is 49% below this benchmark. Historically, Chorus Aviation's own ROC (Joel Greenblatt) % has ranged from 2.38 to 16.02 over the past decade. While the company's 10-year median is 7.41 vs. the industry median of 11.70, Chorus Aviation has consistently been below 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 998 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. Chorus Aviation's current ROC (Joel Greenblatt) % of 5.96% is 49% below 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 Chorus Aviation and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chorus Aviation's current ROC (Joel Greenblatt) % is 5.96%, which is 20% below median its own 10-year median of 7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (TSX:CHR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.40, compared to a current price of C$24.79 — trading 21.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.96%, which is 20% below median its 10-year median of 7.41 and 49% below the Transportation industry median of 11.70. Chorus Aviation's overall GF Score™ is 78/100 with 9 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 Chorus Aviation (TSX:CHR), the current ROC (Joel Greenblatt) % is 5.96% 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 Chorus Aviation (TSX:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued.
The current stock price of C$24.79 is trading 21.5% above its estimated GF Value™ of C$20.40.
GuruFocus considers Chorus Aviation to be Modestly Overvalued.
Key valuation signals for TSX:CHR:
ROC (Joel Greenblatt) %: 5.96% (20% below median its 10-year median of 7.41)
GF Value™: C$20.40 vs. price of C$24.79 (21.5% above fair value)
Industry Position: 49% below the Transportation median (#566 of 998)
No single metric tells the full story. See the TSX:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
78GF Score
Get the complete analysis for TSX:CHR
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:CHR has been successfully added to your 
