MTY Food Group (TSX:MTY) ROC (Joel Greenblatt) %: 93.84% (As of Feb. 2026) — 15% Below Median


TSX:MTY MTY Food Group Inc TSX:MTY
77 GF Score
Price C$33.75
GF Value C$47.93
Valuation Possible Value Trap
! 5 Warning Signs
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What is MTY Food Group ROC (Joel Greenblatt) %?

MTY Food Group TSX:MTY -10.57% 77 ROC (Joel Greenblatt) % is 93.84% as of Feb. 2026, which is 15% below its 10-year median of 110.77. GuruFocus rates TSX:MTY with a GF Score™ of 77/100 and a GF Value™ of C$47.93 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 361 Restaurants companies, MTY Food Group ranks better than 93.91% 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. MTY Food Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 93.84%.

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

TSX:MTY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -61.07   Med: 110.77   Max: 603.18
Current: 89.21

During the past 13 years, MTY Food Group's highest ROC (Joel Greenblatt) % was 603.18%. The lowest was -61.07%. And the median was 110.77%.

TSX:MTY's ROC (Joel Greenblatt) % is ranked better than
93.91% of 361 companies
in the Restaurants industry
Industry Median: 8.73 vs TSX:MTY: 89.21

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


MTY Food Group  (TSX:MTY) 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.


MTY Food Group ROC (Joel Greenblatt) % Related Terms


MTY Food Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for MTY Food 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.

MTY Food Group ROC (Joel Greenblatt) % Chart

MTY Food Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.51 68.31 63.75 25.20 69.02

MTY Food Group Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.57 120.21 70.54 70.76 93.84

TSX:MTY vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, MTY Food 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.


MTY Food Group ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSX:MTY
77GF Score
MTY Food Group Inc TSX:MTY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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MTY Food 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.056 + 17.518 + 23.33) - (136.407 + 157.104 + 5.9529999999999)
=-166.56

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(98.706 + 15.673 + 23.574) - (126.998 + 159.813 + 5.113)
=-153.971

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of MTY Food Group for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=223.148/( ( (244.477 + max(-166.56, 0)) + (231.135 + max(-153.971, 0)) )/ 2 )
=223.148/( ( 244.477 + 231.135 )/ 2 )
=223.148/237.806
=93.84 %

Note: The EBIT data used here is four times the quarterly (Feb. 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 93.84% mean?
MTY Food Group (TSX:MTY) has a ROC (Joel Greenblatt) % of 93.84% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on MTY Food Group and its competitors. This is 15% below median its historical median of 110.77. According to the industry distribution chart, MTY Food Group ranks #22 out of 361 companies in the Restaurants industry, placing it in the top 6.1%.
Is MTY Food Group's ROC (Joel Greenblatt) % too high?
MTY Food Group's current ROC (Joel Greenblatt) % of 93.84% is 15% below median its 10-year median of 110.77. The Restaurants industry median ROC (Joel Greenblatt) % is 8.73. MTY Food Group's value of 93.84% is 974.9% above this industry median. Based on the distribution chart, MTY Food Group ranks #22 out of 361 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, MTY Food Group has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MTY Food Group's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MTY Food Group ranks #22 out of 361 companies for ROC (Joel Greenblatt) %. This places MTY Food Group in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.73. MTY Food Group's value of 93.84% is 974.9% above this benchmark. While the company's 10-year median is 110.77 vs. the industry median of 8.73, MTY Food Group 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. MTY Food Group's current ROC (Joel Greenblatt) % of 93.84% is 974.9% 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 MTY Food Group 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. MTY Food Group's current ROC (Joel Greenblatt) % is 93.84%, which is 15% below median its own 10-year median of 110.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTY Food Group stock overvalued right now?
Based on GuruFocus' analysis, MTY Food Group (TSX:MTY) is currently considered Possible Value Trap. The stock's GF Value™ is C$47.93, compared to a current price of C$33.75 — trading 29.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 93.84%, which is 15% below median its 10-year median of 110.77 and 974.9% above the Restaurants industry median of 8.73. MTY Food Group's overall GF Score™ is 77/100 with 5 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 MTY Food Group (TSX:MTY), the current ROC (Joel Greenblatt) % is 93.84% as of Feb. 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 MTY Food Group (TSX:MTY) Overvalued in 2026?

Based on GuruFocus' analysis, MTY Food Group stock appears to be undervalued. The current stock price of C$33.75 is trading 29.6% below its estimated GF Value™ of C$47.93. GuruFocus considers MTY Food Group to be Possible Value Trap.

Key valuation signals for TSX:MTY:

  • ROC (Joel Greenblatt) %: 93.84% (15% below median its 10-year median of 110.77)
  • GF Value™: C$47.93 vs. price of C$33.75 (29.6% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 974.9% above the Restaurants median (#22 of 361)

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


MTY Food Group Business Description

Other Exchanges MTYFF:USA9MF:Germany
Address 8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada; and US & International, which earns maximum revenue. The company brands include Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.
77GF Score

Get the complete analysis for TSX:MTY

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

C$33.75
Price
C$47.93
GF Value