TWI (Titan International) ROC (Joel Greenblatt) %: -4.01% (As of Mar. 2026)

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TWI Titan International Inc TWI
65 GF Score
Price $7.96
GF Value $9.15
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Titan International ROC (Joel Greenblatt) %?

Titan International TWI +2.58% 65 ROC (Joel Greenblatt) % is -4.01% as of Mar. 2026. GuruFocus rates TWI with a GF Score™ of 65/100 and a GF Value™ of $9.15 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Titan International ranks worse than 82.78% 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. Titan International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.01%.

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

TWI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.29   Med: 4.44   Max: 38.84
Current: 0.4

During the past 13 years, Titan International's highest ROC (Joel Greenblatt) % was 38.84%. The lowest was -4.29%. And the median was 4.44%.

TWI's ROC (Joel Greenblatt) % is ranked worse than
82.78% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24 vs TWI: 0.40

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


Titan International  (NYSE:TWI) 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.


Titan International ROC (Joel Greenblatt) % Related Terms


Titan International ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Titan International'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.

Titan International ROC (Joel Greenblatt) % Chart

Titan International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.05 38.84 22.41 5.89 2.99

Titan International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.92 4.31 3.34 -2.27 -4.01

TWI vs MTW, WNC, CMCO: ROC (Joel Greenblatt) % Comparison

For the Farm & Heavy Construction Machinery subindustry, Titan International'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.


Titan International ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Titan International's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Titan International's ROC (Joel Greenblatt) % falls into.


TWI
65GF Score
Titan International Inc TWI
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titan International 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(240.214 + 470.549 + 62.626) - (294.018 + 13.428 + 85.783)
=380.16

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(338.496 + 467.962 + 73.319) - (332.093 + 13.417 + 84.774)
=449.493

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Titan International for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-38.92/( ( (568.135 + max(380.16, 0)) + (541.292 + max(449.493, 0)) )/ 2 )
=-38.92/( ( 948.295 + 990.785 )/ 2 )
=-38.92/969.54
=-4.01 %

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 -4.01% mean?
Titan International (TWI) has a ROC (Joel Greenblatt) % of -4.01% 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 Titan International and its competitors. According to the industry distribution chart, Titan International ranks #173 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 82.8%.
Is Titan International's ROC (Joel Greenblatt) % too high?
Titan International's current ROC (Joel Greenblatt) % is -4.01%. Based on the distribution chart, Titan International ranks #173 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Titan International has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titan International's ROC (Joel Greenblatt) % compare to MTW and WNC?
According to the Farm & Heavy Construction Machinery industry distribution chart, Titan International ranks #173 out of 209 companies for ROC (Joel Greenblatt) %. This places Titan International in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.24. 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 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. 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 Titan International and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan International's current ROC (Joel Greenblatt) % is -4.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan International stock overvalued right now?
Based on GuruFocus' analysis, Titan International (TWI) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.15, compared to a current price of $7.96 — trading 13% below its estimated fair value. The current ROC (Joel Greenblatt) % is -4.01%. Titan International's overall GF Score™ is 65/100 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 Titan International (TWI), the current ROC (Joel Greenblatt) % is -4.01% 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 Titan International (TWI) Overvalued in 2026?

Based on GuruFocus' analysis, Titan International stock appears to be undervalued. The current stock price of $7.96 is trading 13% below its estimated GF Value™ of $9.15. GuruFocus considers Titan International to be Modestly Undervalued.

Key valuation signals for TWI:

  • ROC (Joel Greenblatt) %: -4.01%
  • GF Value™: $9.15 vs. price of $7.96 (13% below fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Titan International Business Description

Other Exchanges TZ4:Germany
Address 1525 Kautz Road, Suite 600, West Chicago, IL, USA, 60185
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. It designs and manufactures products for OEMs and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets. The company operates through three segments, namely Agricultural, Earthmoving/Construction, and Consumer. It derives the majority of revenue from the Agricultural segment which manufactures various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment. Geographically, the company generates the maximum revenue from North America, followed by Europe / CIS, Latin America, and Asia and other regions.
65GF Score

Get the complete analysis for TWI

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

$7.96
Price
$9.15
GF Value