VF (XSWX:VFC) ROC (Joel Greenblatt) %: -16.46% (As of Mar. 2026)


XSWX:VFC VF Corp XSWX:VFC
71 GF Score
Price CHF13.99
GF Value CHF13.01
! 4 Warning Signs
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What is VF ROC (Joel Greenblatt) %?

VF XSWX:VFC 71 ROC (Joel Greenblatt) % is -16.46% as of Mar. 2026. GuruFocus rates XSWX:VFC with a GF Score™ of 71/100 and a GF Value™ of CHF13.01. The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, VF ranks better than 67.04% 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. VF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -16.46%.

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

XSWX:VFC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.45   Med: 21.57   Max: 44.24
Current: 14.85

During the past 13 years, VF's highest ROC (Joel Greenblatt) % was 44.24%. The lowest was -2.45%. And the median was 21.57%.

XSWX:VFC's ROC (Joel Greenblatt) % is ranked better than
67.04% of 1062 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.54 vs XSWX:VFC: 14.85

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


VF  (XSWX:VFC) 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.


VF ROC (Joel Greenblatt) % Related Terms


VF ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for VF'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.

VF ROC (Joel Greenblatt) % Chart

VF Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.23 22.64 -2.39 8.87 14.11

VF 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 -9.18 -9.38 34.15 45.96 -16.46

XSWX:VFC vs LEVI, PVH, KTB: ROC (Joel Greenblatt) % Comparison

For the Apparel Manufacturing subindustry, VF'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.


VF ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XSWX:VFC
71GF Score
VF Corp XSWX:VFC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VF 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)
=(1128.318 + 1321.818 + 351.48) - (2086.576 + 0 + 0)
=715.04

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1124.231 + 1079.604 + 279.159) - (1212.33 + 70.174 + 164.21)
=1036.28

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of VF 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 )
=-408.012/( ( (1635.168 + max(715.04, 0)) + (1570.853 + max(1036.28, 0)) )/ 2 )
=-408.012/( ( 2350.208 + 2607.133 )/ 2 )
=-408.012/2478.6705
=-16.46 %

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 -16.46% mean?
VF (XSWX:VFC) has a ROC (Joel Greenblatt) % of -16.46% 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 VF and its competitors. According to the industry distribution chart, VF ranks #350 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33%.
Is VF's ROC (Joel Greenblatt) % too high?
VF's current ROC (Joel Greenblatt) % is -16.46%. Based on the distribution chart, VF ranks #350 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, VF has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does VF's ROC (Joel Greenblatt) % compare to LEVI and PVH?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VF ranks #350 out of 1062 companies for ROC (Joel Greenblatt) %. This puts VF in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.54. 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.54, based on 1,062 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 VF and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VF's current ROC (Joel Greenblatt) % is -16.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VF stock overvalued right now?
VF (XSWX:VFC) has a current ROC (Joel Greenblatt) % of -16.46%. The stock's GF Value™ is CHF13.01, compared to a current price of CHF13.99 — trading 7.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -16.46%. VF's overall GF Score™ is 71/100 with 4 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 VF (XSWX:VFC), the current ROC (Joel Greenblatt) % is -16.46% 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 VF (XSWX:VFC) Overvalued in 2026?

Based on GuruFocus' analysis, VF stock appears to be overvalued. The current stock price of CHF13.99 is trading 7.5% above its estimated GF Value™ of CHF13.01.

Key valuation signals for XSWX:VFC:

  • ROC (Joel Greenblatt) %: -16.46%
  • GF Value™: CHF13.01 vs. price of CHF13.99 (7.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs

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


VF Business Description

Address 1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of 10 brands includes Vans, The North Face, Timberland, and Altra. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and divestitures.
71GF Score

Get the complete analysis for XSWX:VFC

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

CHF13.99
Price
CHF13.01
GF Value