Spectrum Brands HoldingsMEX:SPB 76 ROC (Joel Greenblatt) % is 19.68% as of Mar. 2026, which is 74% above its 10-year median of 11.28. GuruFocus rates MEX:SPB with a GF Score™ of 76/100 and a GF Value™ of MXN2,426.13. The stock has 7 warning signs investors should review. Among 1,971 Consumer Packaged Goods companies, Spectrum Brands Holdings ranks better than 55.25% 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. Spectrum Brands Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.68%.
The historical rank and industry rank for Spectrum Brands Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:SPB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.42 Med: 11.28 Max: 45.51
Current: 13.85
During the past 13 years, Spectrum Brands Holdings's highest ROC (Joel Greenblatt) % was 45.51%. The lowest was -13.42%. And the median was 11.28%.
MEX:SPB's ROC (Joel Greenblatt) % is ranked better than 55.25% of 1971
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs MEX:SPB: 13.85
Spectrum Brands Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Spectrum Brands Holdings ROC (Joel Greenblatt) % Related Terms
Spectrum Brands Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Spectrum Brands Holdings'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.
MEX:SPB vs COTY, NWL, EPC: ROC (Joel Greenblatt) % Comparison
For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.
Spectrum Brands Holdings ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Spectrum Brands Holdings'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 19.68% mean?
Spectrum Brands Holdings (MEX:SPB) has a ROC (Joel Greenblatt) % of 19.68% 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 Spectrum Brands Holdings and its competitors. This is 74% above median its historical median of 11.28. According to the industry distribution chart, Spectrum Brands Holdings ranks #882 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 44.7%.
Is Spectrum Brands Holdings' ROC (Joel Greenblatt) % too high?
Spectrum Brands Holdings' current ROC (Joel Greenblatt) % of 19.68% is 74% above median its 10-year median of 11.28. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Spectrum Brands Holdings' value of 19.68% is 64.1% above this industry median. Based on the distribution chart, Spectrum Brands Holdings ranks #882 out of 1971 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Spectrum Brands Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Spectrum Brands Holdings' ROC (Joel Greenblatt) % compare to COTY and NWL?
According to the Consumer Packaged Goods industry distribution chart, Spectrum Brands Holdings ranks #882 out of 1971 companies for ROC (Joel Greenblatt) %. This puts Spectrum Brands Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Spectrum Brands Holdings' value of 19.68% is 64.1% above this benchmark. While the company's 10-year median is 11.28 vs. the industry median of 11.99, Spectrum Brands Holdings 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,971 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. Spectrum Brands Holdings's current ROC (Joel Greenblatt) % of 19.68% is 64.1% 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 Spectrum Brands Holdings and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Brands Holdings's current ROC (Joel Greenblatt) % is 19.68%, which is 74% above median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Brands Holdings stock overvalued right now?
Spectrum Brands Holdings (MEX:SPB) has a current ROC (Joel Greenblatt) % of 19.68%. The stock's GF Value™ is MXN2,426.13, compared to a current price of MXN1,845.00 — trading 24% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.68%, which is 74% above median its 10-year median of 11.28 and 64.1% above the Consumer Packaged Goods industry median of 11.99. Spectrum Brands Holdings' overall GF Score™ is 76/100 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 Spectrum Brands Holdings (MEX:SPB), the current ROC (Joel Greenblatt) % is 19.68% 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 Spectrum Brands Holdings (MEX:SPB) Overvalued in 2026?
Based on GuruFocus' analysis, Spectrum Brands Holdings stock appears to be undervalued.
The current stock price of MXN1,845.00 is trading 24% below its estimated GF Value™ of MXN2,426.13.
Key valuation signals for MEX:SPB:
ROC (Joel Greenblatt) %: 19.68% (74% above median its 10-year median of 11.28)
GF Value™: MXN2,426.13 vs. price of MXN1,845.00 (24% below fair value)
Industry Position: 64.1% above the Consumer Packaged Goods median (#882 of 1971)
No single metric tells the full story. See the MEX:SPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
76GF Score
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