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SBS Securities JSCHSTC:SBS -2.27%21 ROC (Joel Greenblatt) % is 365.43% as of Sep. 2022. GuruFocus rates HSTC:SBS with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 671 Capital Markets companies, SBS Securities JSC ranks worse than 149031.15% 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. SBS Securities JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 365.43%.
The historical rank and industry rank for SBS Securities JSC's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:SBS's ROC (Joel Greenblatt) % is not ranked *
in the Capital Markets industry.
Industry Median: 40.29 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
SBS Securities JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
SBS Securities JSC (HSTC:SBS) 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.
SBS Securities JSC ROC (Joel Greenblatt) % Related Terms
SBS Securities JSC ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SBS Securities JSC'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.
HSTC:SBS vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, SBS Securities JSC'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.
SBS Securities JSC ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SBS Securities JSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SBS Securities JSC's ROC (Joel Greenblatt) % falls into.
SBS Securities JSC 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 four times the quarterly (Sep. 2022) 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 365.43% mean?
SBS Securities JSC (HSTC:SBS) has a ROC (Joel Greenblatt) % of 365.43% as of Sep. 2022. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SBS Securities JSC and its competitors. According to the industry distribution chart, SBS Securities JSC ranks #999999 out of 671 companies in the Capital Markets industry.
Is SBS Securities JSC's ROC (Joel Greenblatt) % too high?
SBS Securities JSC's current ROC (Joel Greenblatt) % is 365.43%. The Capital Markets industry median ROC (Joel Greenblatt) % is 40.29. SBS Securities JSC's value of 365.43% is 807% above this industry median. Based on the distribution chart, SBS Securities JSC ranks #999999 out of 671 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, SBS Securities JSC has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does SBS Securities JSC's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, SBS Securities JSC ranks #999999 out of 671 companies for ROC (Joel Greenblatt) %. This places SBS Securities JSC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 40.29. SBS Securities JSC's value of 365.43% is 807% above this benchmark. 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 40.29, based on 671 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. SBS Securities JSC's current ROC (Joel Greenblatt) % of 365.43% is 807% 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 SBS Securities JSC and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 40.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Securities JSC's current ROC (Joel Greenblatt) % is 365.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Securities JSC stock overvalued right now?
SBS Securities JSC (HSTC:SBS) has a current ROC (Joel Greenblatt) % of 365.43%. The current ROC (Joel Greenblatt) % is 365.43% and 807% above the Capital Markets industry median of 40.29. SBS Securities JSC's overall GF Score™ is 21/100 with 1 warning sign 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 SBS Securities JSC (HSTC:SBS), the current ROC (Joel Greenblatt) % is 365.43% as of Sep. 2022. 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.
SBS Securities JSC is engaged in providing Securities brokerage, Securities trading, Securities portfolio management, Securities underwriting, Financial consulting, and Securities investment, and Securities depository.
21GF Score
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