TS Tech CoTTCAF +2.86%83 ROC (Joel Greenblatt) % is 15.69% as of Mar. 2026, which is 42% below its 10-year median of 26.84. GuruFocus rates TTCAF with a GF Score™ of 83/100 and a GF Value™ of $13.94. The stock has 5 warning signs investors should review. Among 1,336 Vehicles & Parts companies, TS Tech Co ranks worse than 51.05% 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. TS Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.69%.
The historical rank and industry rank for TS Tech Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TTCAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.63 Med: 26.84 Max: 49.96
Current: 11.63
During the past 13 years, TS Tech Co's highest ROC (Joel Greenblatt) % was 49.96%. The lowest was 11.63%. And the median was 26.84%.
TTCAF's ROC (Joel Greenblatt) % is ranked worse than 51.05% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 11.99
vs TTCAF: 11.63
TS Tech Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.10% per year.
TS Tech Co (OTCPK:TTCAF) 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.
TS Tech Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for TS Tech Co'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.
TTCAF vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, TS Tech Co'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.
TS Tech Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, TS Tech Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TS Tech Co'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 15.69% mean?
TS Tech Co (TTCAF) has a ROC (Joel Greenblatt) % of 15.69% 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 TS Tech Co and its competitors. This is 42% below median its historical median of 26.84. Over the past decade, TS Tech Co's ROC (Joel Greenblatt) % has ranged from 11.63 to 49.96. According to the industry distribution chart, TS Tech Co ranks #682 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 51%.
Is TS Tech Co's ROC (Joel Greenblatt) % too high?
TS Tech Co's current ROC (Joel Greenblatt) % of 15.69% is 42% below median its 10-year median of 26.84. Over the past 10 years, this metric has ranged from a low of 11.63 to a high of 49.96. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.99. TS Tech Co's value of 15.69% is 30.9% above this industry median. Based on the distribution chart, TS Tech Co ranks #682 out of 1336 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, TS Tech Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does TS Tech Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TS Tech Co ranks #682 out of 1336 companies for ROC (Joel Greenblatt) %. This places TS Tech Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. TS Tech Co's value of 15.69% is 30.9% above this benchmark. Historically, TS Tech Co's own ROC (Joel Greenblatt) % has ranged from 11.63 to 49.96 over the past decade. While the company's 10-year median is 26.84 vs. the industry median of 11.99, TS Tech Co 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 11.99, based on 1,336 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. TS Tech Co's current ROC (Joel Greenblatt) % of 15.69% is 30.9% 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 TS Tech Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TS Tech Co's current ROC (Joel Greenblatt) % is 15.69%, which is 42% below median its own 10-year median of 26.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TS Tech Co stock overvalued right now?
TS Tech Co (TTCAF) has a current ROC (Joel Greenblatt) % of 15.69%. The stock's GF Value™ is $13.94, compared to a current price of $12.60 — trading 9.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.69%, which is 42% below median its 10-year median of 26.84 and 30.9% above the Vehicles & Parts industry median of 11.99. TS Tech Co's overall GF Score™ is 83/100 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 TS Tech Co (TTCAF), the current ROC (Joel Greenblatt) % is 15.69% 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 TS Tech Co (TTCAF) Overvalued in 2026?
Based on GuruFocus' analysis, TS Tech Co stock appears to be undervalued.
The current stock price of $12.60 is trading 9.6% below its estimated GF Value™ of $13.94.
Key valuation signals for TTCAF:
ROC (Joel Greenblatt) %: 15.69% (42% below median its 10-year median of 26.84)
GF Value™: $13.94 vs. price of $12.60 (9.6% below fair value)
Industry Position: 30.9% above the Vehicles & Parts median (#682 of 1336)
No single metric tells the full story. See the TTCAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TS Tech Co Ltd is a manufacturer of seats for automobiles and motorcycles. The company also produces interior trim and interior components for automobiles, and motorcycle parts and accessories. Honda Motor and its affiliates account for nearly all sales of TS Tech, while the company also sells to Suzuki, Yamaha, Kawasaki, Fuji Heavy Industries, and Paramount Bed. TS Tech generates the majority of its revenue from the production and sale of automobile seats. The strongest regions for TS Tech with regard to operating income are China, Americas, and Japan.
83GF Score
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