Steamships Trading CoASX:SST 58 ROC (Joel Greenblatt) % is 16.83% as of Dec. 2025, which is 100% above its 10-year median of 8.40. GuruFocus rates ASX:SST with a GF Score™ of 58/100 and a GF Value™ of A$102.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 996 Transportation companies, Steamships Trading Co ranks better than 54.62% 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. Steamships Trading Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.83%.
The historical rank and industry rank for Steamships Trading Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:SST'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.41 Med: 8.4 Max: 13.68
Current: 13.34
During the past 13 years, Steamships Trading Co's highest ROC (Joel Greenblatt) % was 13.68%. The lowest was 6.41%. And the median was 8.40%.
ASX:SST's ROC (Joel Greenblatt) % is ranked better than 54.62% of 996
companies
in the Transportation industry
Industry Median: 11.695
vs ASX:SST: 13.34
Steamships Trading Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.50% per year.
Steamships Trading Co (ASX:SST) 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.
Steamships Trading Co ROC (Joel Greenblatt) % Related Terms
Steamships Trading Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Steamships Trading 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.
Steamships Trading Co ROC (Joel Greenblatt) % Chart
ASX:SST vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison
For the Integrated Freight & Logistics subindustry, Steamships Trading 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.
Steamships Trading Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Steamships Trading Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Steamships Trading Co's ROC (Joel Greenblatt) % falls into.
Steamships Trading Co 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:
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 two times the semi-annual (Dec. 2025) 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 16.83% mean?
Steamships Trading Co (ASX:SST) has a ROC (Joel Greenblatt) % of 16.83% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Steamships Trading Co and its competitors. This is 100% above median its historical median of 8.40. Over the past decade, Steamships Trading Co's ROC (Joel Greenblatt) % has ranged from 6.41 to 13.68. According to the industry distribution chart, Steamships Trading Co ranks #452 out of 996 companies in the Transportation industry, placing it in the top 45.4%.
Is Steamships Trading Co's ROC (Joel Greenblatt) % too high?
Steamships Trading Co's current ROC (Joel Greenblatt) % of 16.83% is 100% above median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 6.41 to a high of 13.68. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. Steamships Trading Co's value of 16.83% is 43.9% above this industry median. Based on the distribution chart, Steamships Trading Co ranks #452 out of 996 companies in the Transportation industry, which is above the industry midpoint. Overall, Steamships Trading Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Steamships Trading Co's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Steamships Trading Co ranks #452 out of 996 companies for ROC (Joel Greenblatt) %. This puts Steamships Trading Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.70. Steamships Trading Co's value of 16.83% is 43.9% above this benchmark. Historically, Steamships Trading Co's own ROC (Joel Greenblatt) % has ranged from 6.41 to 13.68 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 11.70, Steamships Trading 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 996 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. Steamships Trading Co's current ROC (Joel Greenblatt) % of 16.83% is 43.9% 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 Steamships Trading Co 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. Steamships Trading Co's current ROC (Joel Greenblatt) % is 16.83%, which is 100% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steamships Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Steamships Trading Co (ASX:SST) is currently considered Possible Value Trap. The stock's GF Value™ is A$102.65, compared to a current price of A$10.05 — trading 90.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.83%, which is 100% above median its 10-year median of 8.40 and 43.9% above the Transportation industry median of 11.70. Steamships Trading Co's overall GF Score™ is 58/100 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 Steamships Trading Co (ASX:SST), the current ROC (Joel Greenblatt) % is 16.83% as of Dec. 2025. 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 Steamships Trading Co (ASX:SST) Overvalued in 2026?
Based on GuruFocus' analysis, Steamships Trading Co stock appears to be undervalued.
The current stock price of A$10.05 is trading 90.2% below its estimated GF Value™ of A$102.65.
GuruFocus considers Steamships Trading Co to be Possible Value Trap.
Key valuation signals for ASX:SST:
ROC (Joel Greenblatt) %: 16.83% (100% above median its 10-year median of 8.40)
GF Value™: A$102.65 vs. price of A$10.05 (90.2% below fair value)
Industry Position: 43.9% above the Transportation median (#452 of 996)
No single metric tells the full story. See the ASX:SST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes i) Property and hospitality: It consists of shipping and land-based freight transport and related services divisions. ii) Logistics: It consists of shipping and land-based freight transport and related services divisions. iii) Commercial & investment: It consists of commercial, head office administration function and insurance activities. The majority of the company's revenue is derived from the Property and hospitality segment. Geographically, the company operates almost wholly in Papua New Guinea.
58GF Score
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