SBS Philippines (PHS:SBS) ROC (Joel Greenblatt) %: 29.57% (As of Mar. 2026) — 47% Above Median


PHS:SBS SBS Philippines Corp PHS:SBS
70 GF Score
Price ₱3.15
GF Value ₱3.28
Valuation Fairly Valued
! 6 Warning Signs
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What is SBS Philippines ROC (Joel Greenblatt) %?

SBS Philippines PHS:SBS -4.26% 70 ROC (Joel Greenblatt) % is 29.57% as of Mar. 2026, which is 47% above its 10-year median of 20.10. GuruFocus rates PHS:SBS with a GF Score™ of 70/100 and a GF Value™ of ₱3.28 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,606 Chemicals companies, SBS Philippines ranks better than 77.46% 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 Philippines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.57%.

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

PHS:SBS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.45   Med: 20.1   Max: 75.36
Current: 20.94

During the past 13 years, SBS Philippines's highest ROC (Joel Greenblatt) % was 75.36%. The lowest was 8.45%. And the median was 20.10%.

PHS:SBS's ROC (Joel Greenblatt) % is ranked better than
77.46% of 1606 companies
in the Chemicals industry
Industry Median: 9.38 vs PHS:SBS: 20.94

SBS Philippines's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.80% per year.


SBS Philippines  (PHS: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.

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


SBS Philippines ROC (Joel Greenblatt) % Related Terms


SBS Philippines ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SBS Philippines'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.

SBS Philippines ROC (Joel Greenblatt) % Chart

SBS Philippines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.84 24.37 17.93 18.13 18.78

SBS Philippines 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 15.59 13.12 15.49 27.98 29.57

PHS:SBS vs DOW: ROC (Joel Greenblatt) % Comparison

For the Chemicals subindustry, SBS Philippines'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 Philippines ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SBS Philippines's ROC (Joel Greenblatt) % distribution charts can be found below:

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


PHS:SBS
70GF Score
SBS Philippines Corp PHS:SBS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS Philippines 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)
=(89.88 + 775.487 + 36.115) - (325.158 + 0 + 33.566)
=542.758

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(141.205 + 722.131 + 43.878) - (310.341 + 0 + 35.901)
=560.972

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SBS Philippines 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 )
=228.076/( ( (225.595 + max(542.758, 0)) + (213.077 + max(560.972, 0)) )/ 2 )
=228.076/( ( 768.353 + 774.049 )/ 2 )
=228.076/771.201
=29.57 %

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 29.57% mean?
SBS Philippines (PHS:SBS) has a ROC (Joel Greenblatt) % of 29.57% 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 SBS Philippines and its competitors. This is 47% above median its historical median of 20.10. Over the past decade, SBS Philippines' ROC (Joel Greenblatt) % has ranged from 8.45 to 75.36. According to the industry distribution chart, SBS Philippines ranks #362 out of 1606 companies in the Chemicals industry, placing it in the top 22.5%.
Is SBS Philippines' ROC (Joel Greenblatt) % too high?
SBS Philippines' current ROC (Joel Greenblatt) % of 29.57% is 47% above median its 10-year median of 20.10. Over the past 10 years, this metric has ranged from a low of 8.45 to a high of 75.36. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. SBS Philippines' value of 29.57% is 215.2% above this industry median. Based on the distribution chart, SBS Philippines ranks #362 out of 1606 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, SBS Philippines has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, SBS Philippines ranks #362 out of 1606 companies for ROC (Joel Greenblatt) %. This places SBS Philippines in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.38. SBS Philippines' value of 29.57% is 215.2% above this benchmark. Historically, SBS Philippines' own ROC (Joel Greenblatt) % has ranged from 8.45 to 75.36 over the past decade. While the company's 10-year median is 20.10 vs. the industry median of 9.38, SBS Philippines 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.38, based on 1,606 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 Philippines's current ROC (Joel Greenblatt) % of 29.57% is 215.2% 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 Philippines and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Philippines's current ROC (Joel Greenblatt) % is 29.57%, which is 47% above median its own 10-year median of 20.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Philippines stock overvalued right now?
Based on GuruFocus' analysis, SBS Philippines (PHS:SBS) is currently considered Fairly Valued. The stock's GF Value™ is ₱3.28, compared to a current price of ₱3.15 — trading 4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.57%, which is 47% above median its 10-year median of 20.10 and 215.2% above the Chemicals industry median of 9.38. SBS Philippines' overall GF Score™ is 70/100 with 6 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 SBS Philippines (PHS:SBS), the current ROC (Joel Greenblatt) % is 29.57% 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 SBS Philippines (PHS:SBS) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Philippines stock appears to be undervalued. The current stock price of ₱3.15 is trading 4% below its estimated GF Value™ of ₱3.28. GuruFocus considers SBS Philippines to be Fairly Valued.

Key valuation signals for PHS:SBS:

  • ROC (Joel Greenblatt) %: 29.57% (47% above median its 10-year median of 20.10)
  • GF Value™: ₱3.28 vs. price of ₱3.15 (4% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 215.2% above the Chemicals median (#362 of 1606)

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


SBS Philippines Business Description

Address No. 10 Resthaven Street, San Francisco Del Monte, Metro Manila, Quezon, PHL, 1105
SBS Philippines Corp is engaged in chemical trading and distribution. The Company offers a comprehensive selection of chemical products to service the following industries: food ingredients, industrial, animal health and nutrition including feeds and veterinary care, pharmaceutical, home and personal care and environment and infrastructure, and many others. It also provides value-added service to its customers by providing logistics management in sourcing, procuring, warehousing and transporting the chemical products and materials. It derives maximum revenue from food Ingredients.
70GF Score

Get the complete analysis for PHS:SBS

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

₱3.15
Price
₱3.28
GF Value