Sanlorenzo SpA (MIL:SL) ROC (Joel Greenblatt) %: 51.64% (As of Mar. 2026) — 16% Below Median


MIL:SL Sanlorenzo SpA MIL:SL
91 GF Score
Price €35.80
GF Value €39.19
Valuation Fairly Valued
! 8 Warning Signs
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What is Sanlorenzo SpA ROC (Joel Greenblatt) %?

Sanlorenzo SpA MIL:SL +0.56% 91 ROC (Joel Greenblatt) % is 51.64% as of Mar. 2026, which is 16% below its 10-year median of 61.29. GuruFocus rates MIL:SL with a GF Score™ of 91/100 and a GF Value™ of €39.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Sanlorenzo SpA ranks better than 94.99% 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. Sanlorenzo SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 51.64%.

The historical rank and industry rank for Sanlorenzo SpA's ROC (Joel Greenblatt) % or its related term are showing as below:

MIL:SL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 27.31   Med: 61.29   Max: 77.64
Current: 65.45

During the past 8 years, Sanlorenzo SpA's highest ROC (Joel Greenblatt) % was 77.64%. The lowest was 27.31%. And the median was 61.29%.

MIL:SL's ROC (Joel Greenblatt) % is ranked better than
94.99% of 1336 companies
in the Vehicles & Parts industry
Industry Median: 11.99 vs MIL:SL: 65.45

Sanlorenzo SpA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.50% per year.


Sanlorenzo SpA  (MIL:SL) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Sanlorenzo SpA ROC (Joel Greenblatt) % Related Terms


Sanlorenzo SpA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sanlorenzo 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.

Sanlorenzo SpA ROC (Joel Greenblatt) % Chart

Sanlorenzo SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 58.19 70.24 77.64 72.04 64.39

Sanlorenzo SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.76 61.27 70.90 77.71 51.64

MIL:SL vs BC, PII, THO: ROC (Joel Greenblatt) % Comparison

For the Recreational Vehicles subindustry, Sanlorenzo 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.


Sanlorenzo SpA ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanlorenzo SpA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sanlorenzo SpA's ROC (Joel Greenblatt) % falls into.


MIL:SL
91GF Score
Sanlorenzo SpA MIL:SL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanlorenzo SpA 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.976 + 178.293 + 79.695) - (297.76 + 0 + 209.756)
=-212.552

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.141 + 177.022 + 87.588) - (279.939 + 0 + 233.893)
=-214.081

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sanlorenzo SpA for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=114.596/( ( (222.572 + max(-212.552, 0)) + (221.241 + max(-214.081, 0)) )/ 2 )
=114.596/( ( 222.572 + 221.241 )/ 2 )
=114.596/221.9065
=51.64 %

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 51.64% mean?
Sanlorenzo SpA (MIL:SL) has a ROC (Joel Greenblatt) % of 51.64% 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 Sanlorenzo SpA and its competitors. This is 16% below median its historical median of 61.29. Over the past decade, Sanlorenzo SpA's ROC (Joel Greenblatt) % has ranged from 27.31 to 77.64. According to the industry distribution chart, Sanlorenzo SpA ranks #67 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 5%.
Is Sanlorenzo SpA's ROC (Joel Greenblatt) % too high?
Sanlorenzo SpA's current ROC (Joel Greenblatt) % of 51.64% is 16% below median its 10-year median of 61.29. Over the past 10 years, this metric has ranged from a low of 27.31 to a high of 77.64. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.99. Sanlorenzo SpA's value of 51.64% is 330.7% above this industry median. Based on the distribution chart, Sanlorenzo SpA ranks #67 out of 1336 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Sanlorenzo SpA has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanlorenzo SpA's ROC (Joel Greenblatt) % compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Sanlorenzo SpA ranks #67 out of 1336 companies for ROC (Joel Greenblatt) %. This places Sanlorenzo SpA in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Sanlorenzo SpA's value of 51.64% is 330.7% above this benchmark. Historically, Sanlorenzo SpA's own ROC (Joel Greenblatt) % has ranged from 27.31 to 77.64 over the past decade. While the company's 10-year median is 61.29 vs. the industry median of 11.99, Sanlorenzo SpA 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.99, based on 1,336 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. Sanlorenzo SpA's current ROC (Joel Greenblatt) % of 51.64% is 330.7% 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 Sanlorenzo SpA and its competitors. For the Vehicles & Parts 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. Sanlorenzo SpA's current ROC (Joel Greenblatt) % is 51.64%, which is 16% below median its own 10-year median of 61.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanlorenzo SpA stock overvalued right now?
Based on GuruFocus' analysis, Sanlorenzo SpA (MIL:SL) is currently considered Fairly Valued. The stock's GF Value™ is €39.19, compared to a current price of €35.80 — trading 8.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 51.64%, which is 16% below median its 10-year median of 61.29 and 330.7% above the Vehicles & Parts industry median of 11.99. Sanlorenzo SpA's overall GF Score™ is 91/100 with 8 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 Sanlorenzo SpA (MIL:SL), the current ROC (Joel Greenblatt) % is 51.64% 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 Sanlorenzo SpA (MIL:SL) Overvalued in 2026?

Based on GuruFocus' analysis, Sanlorenzo SpA stock appears to be undervalued. The current stock price of €35.80 is trading 8.7% below its estimated GF Value™ of €39.19. GuruFocus considers Sanlorenzo SpA to be Fairly Valued.

Key valuation signals for MIL:SL:

  • ROC (Joel Greenblatt) %: 51.64% (16% below median its 10-year median of 61.29)
  • GF Value™: €39.19 vs. price of €35.80 (8.7% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 330.7% above the Vehicles & Parts median (#67 of 1336)

No single metric tells the full story. See the MIL:SL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanlorenzo SpA Business Description

Other Exchanges SNLRF:USASLm:UK6SZA:Germany
Address Via Armezzone, 3, Ameglia, ITA, 19031
Sanlorenzo SpA is engaged in developing, designing, and building motor yachts. The company operates in three segments: Yacht, Superyacht, Nautor Swan, and Blue game, of which the majority of its revenue comes from the Yacht segment that designs, manufactures, and markets composite yachts between 24 and 38 meters long, under the Sanlorenzo brand. Its manufacturing activities are carried out through shipyards located in Spezia, Ameglia, Viareggio, and Massa. The company's geographical segments are Italy, Europe (other countries), the United States, the Americas (other countries), Asia Pacific, and the Middle East and Africa.
91GF Score

Get the complete analysis for MIL:SL

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€35.80
Price
€39.19
GF Value