Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SIT SpAMIL:SIT +3.24%63 ROC (Joel Greenblatt) % is 8.32% as of Mar. 2026, which is 31% below its 10-year median of 12.02. GuruFocus rates MIL:SIT with a GF Score™ of 63/100 and a GF Value™ of €1.94 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 3,060 Industrial Products companies, SIT SpA ranks worse than 52.65% 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. SIT SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.32%.
The historical rank and industry rank for SIT SpA's ROC (Joel Greenblatt) % or its related term are showing as below:
MIL:SIT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.51 Med: 12.02 Max: 64.03
Current: 10.62
During the past 9 years, SIT SpA's highest ROC (Joel Greenblatt) % was 64.03%. The lowest was -14.51%. And the median was 12.02%.
MIL:SIT's ROC (Joel Greenblatt) % is ranked worse than 52.65% of 3060
companies
in the Industrial Products industry
Industry Median: 11.73
vs MIL:SIT: 10.62
SIT SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
SIT SpA (MIL:SIT) 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.
The historical data trend for SIT SpA'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.
MIL:SIT vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, SIT SpA'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.
SIT SpA ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, SIT SpA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SIT SpA'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 8.32% mean?
SIT SpA (MIL:SIT) has a ROC (Joel Greenblatt) % of 8.32% 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 SIT SpA and its competitors. This is 31% below median its historical median of 12.02. According to the industry distribution chart, SIT SpA ranks #1611 out of 3060 companies in the Industrial Products industry, placing it in the top 52.6%.
Is SIT SpA's ROC (Joel Greenblatt) % too high?
SIT SpA's current ROC (Joel Greenblatt) % of 8.32% is 31% below median its 10-year median of 12.02. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. SIT SpA's value of 8.32% is 29.1% below this industry median. Based on the distribution chart, SIT SpA ranks #1611 out of 3060 companies in the Industrial Products industry, which is below the industry midpoint. Overall, SIT SpA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIT SpA's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SIT SpA ranks #1611 out of 3060 companies for ROC (Joel Greenblatt) %. This places SIT SpA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.73. SIT SpA's value of 8.32% is 29.1% below this benchmark. While the company's 10-year median is 12.02 vs. the industry median of 11.73, SIT SpA 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.73, based on 3,060 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. SIT SpA's current ROC (Joel Greenblatt) % of 8.32% is 29.1% 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 SIT SpA and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIT SpA's current ROC (Joel Greenblatt) % is 8.32%, which is 31% below median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIT SpA stock overvalued right now?
Based on GuruFocus' analysis, SIT SpA (MIL:SIT) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.94, compared to a current price of €2.23 — trading 14.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.32%, which is 31% below median its 10-year median of 12.02 and 29.1% below the Industrial Products industry median of 11.73. SIT SpA's overall GF Score™ is 63/100 with 2 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 SIT SpA (MIL:SIT), the current ROC (Joel Greenblatt) % is 8.32% 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 SIT SpA (MIL:SIT) Overvalued in 2026?
Based on GuruFocus' analysis, SIT SpA stock appears to be overvalued.
The current stock price of €2.23 is trading 14.9% above its estimated GF Value™ of €1.94.
GuruFocus considers SIT SpA to be Modestly Overvalued.
Key valuation signals for MIL:SIT:
ROC (Joel Greenblatt) %: 8.32% (31% below median its 10-year median of 12.02)
GF Value™: €1.94 vs. price of €2.23 (14.9% above fair value)
Industry Position: 29.1% below the Industrial Products median (#1611 of 3060)
No single metric tells the full story. See the MIL:SIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.
63GF Score
Get the complete analysis for MIL:SIT
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:SIT has been successfully added to your 
