SimparBSP:SIMH3 +1.02%83 ROC (Joel Greenblatt) % is 14.96% as of Mar. 2026, which is 6% below its 10-year median of 15.85. GuruFocus rates BSP:SIMH3 with a GF Score™ of 83/100 and a GF Value™ of R$13.13 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,080 Business Services companies, Simpar ranks worse than 52.87% 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. Simpar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.96%.
The historical rank and industry rank for Simpar's ROC (Joel Greenblatt) % or its related term are showing as below:
BSP:SIMH3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.86 Med: 15.85 Max: 23.21
Current: 18.5
During the past 6 years, Simpar's highest ROC (Joel Greenblatt) % was 23.21%. The lowest was 10.86%. And the median was 15.85%.
BSP:SIMH3's ROC (Joel Greenblatt) % is ranked worse than 52.87% of 1080
companies
in the Business Services industry
Industry Median: 20.91
vs BSP:SIMH3: 18.50
Simpar's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.70% per year.
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.
The historical data trend for Simpar'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.
BSP:SIMH3 vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison
For the Rental & Leasing Services subindustry, Simpar'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.
Simpar ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Simpar's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Simpar'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 14.96% mean?
Simpar (BSP:SIMH3) has a ROC (Joel Greenblatt) % of 14.96% 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 Simpar and its competitors. This is near median its historical median of 15.85. Over the past decade, Simpar's ROC (Joel Greenblatt) % has ranged from 10.86 to 23.21. According to the industry distribution chart, Simpar ranks #571 out of 1080 companies in the Business Services industry, placing it in the top 52.9%.
Is Simpar's ROC (Joel Greenblatt) % too high?
Simpar's current ROC (Joel Greenblatt) % of 14.96% is near median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 10.86 to a high of 23.21. The Business Services industry median ROC (Joel Greenblatt) % is 20.91. Simpar's value of 14.96% is 28.5% below this industry median. Based on the distribution chart, Simpar ranks #571 out of 1080 companies in the Business Services industry, which is below the industry midpoint. Overall, Simpar has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Simpar's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Simpar ranks #571 out of 1080 companies for ROC (Joel Greenblatt) %. This places Simpar in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.91. Simpar's value of 14.96% is 28.5% below this benchmark. Historically, Simpar's own ROC (Joel Greenblatt) % has ranged from 10.86 to 23.21 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 20.91, Simpar has consistently been below 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 20.91, based on 1,080 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. Simpar's current ROC (Joel Greenblatt) % of 14.96% is 28.5% below 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 Simpar and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simpar's current ROC (Joel Greenblatt) % is 14.96%, which is near median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simpar stock overvalued right now?
Based on GuruFocus' analysis, Simpar (BSP:SIMH3) is currently considered Possible Value Trap. The stock's GF Value™ is R$13.13, compared to a current price of R$7.96 — trading 39.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.96%, which is near median its 10-year median of 15.85 and 28.5% below the Business Services industry median of 20.91. Simpar's overall GF Score™ is 83/100 with 7 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 Simpar (BSP:SIMH3), the current ROC (Joel Greenblatt) % is 14.96% 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 Simpar (BSP:SIMH3) Overvalued in 2026?
Based on GuruFocus' analysis, Simpar stock appears to be undervalued.
The current stock price of R$7.96 is trading 39.4% below its estimated GF Value™ of R$13.13.
GuruFocus considers Simpar to be Possible Value Trap.
Key valuation signals for BSP:SIMH3:
ROC (Joel Greenblatt) %: 14.96% (near median its 10-year median of 15.85)
GF Value™: R$13.13 vs. price of R$7.96 (39.4% below fair value)
Industry Position: 28.5% below the Business Services median (#571 of 1080)
No single metric tells the full story. See the BSP:SIMH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simpar SA is a holding company, through its subsidiaries is engaged in road logistics services; rental and sale of trucks, machinery and equipment; public sector and mixed economy services; dealership of light vehicles; leasing, freight payment and financial services; and car rental of light vehicles. The group operates in seven reportable segments JSL, Movida, Vamos, CS Brasil, CS Infra, Automob, and BBC.
83GF Score
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