Solid Group (PHS:SGI) ROC (Joel Greenblatt) %: 24.69% (As of Mar. 2026) — 20% Above Median


PHS:SGI Solid Group Inc PHS:SGI
96 GF Score
Price ₱1.40
GF Value ₱1.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Solid Group ROC (Joel Greenblatt) %?

Solid Group PHS:SGI +1.45% 96 ROC (Joel Greenblatt) % is 24.69% as of Mar. 2026, which is 20% above its 10-year median of 20.63. GuruFocus rates PHS:SGI with a GF Score™ of 96/100 and a GF Value™ of ₱1.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,493 Hardware companies, Solid Group ranks better than 82.95% 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. Solid Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.69%.

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

PHS:SGI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.47   Med: 20.63   Max: 38.67
Current: 38.67

During the past 13 years, Solid Group's highest ROC (Joel Greenblatt) % was 38.67%. The lowest was 9.47%. And the median was 20.63%.

PHS:SGI's ROC (Joel Greenblatt) % is ranked better than
82.95% of 2493 companies
in the Hardware industry
Industry Median: 10.35 vs PHS:SGI: 38.67

Solid Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.70% per year.


Solid Group  (PHS:SGI) 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.


Solid Group ROC (Joel Greenblatt) % Related Terms


Solid Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solid Group'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.

Solid Group ROC (Joel Greenblatt) % Chart

Solid Group 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 30.84 25.10 29.78 33.49 37.58

Solid Group 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 21.60 43.63 34.51 52.75 24.69

PHS:SGI vs AAPL: ROC (Joel Greenblatt) % Comparison

For the Consumer Electronics subindustry, Solid Group'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.


Solid Group ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Solid Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


PHS:SGI
96GF Score
Solid Group Inc PHS:SGI
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Group 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)
=(320.049 + 652.688 + 569.066) - (431.257 + 0 + 94.668)
=1015.878

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(318.725 + 682.983 + 578.087) - (421.057 + 0 + 83.459)
=1075.279

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Solid Group 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 )
=650.748/( ( (1610.893 + max(1015.878, 0)) + (1568.372 + max(1075.279, 0)) )/ 2 )
=650.748/( ( 2626.771 + 2643.651 )/ 2 )
=650.748/2635.211
=24.69 %

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 24.69% mean?
Solid Group (PHS:SGI) has a ROC (Joel Greenblatt) % of 24.69% 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 Solid Group and its competitors. This is 20% above median its historical median of 20.63. Over the past decade, Solid Group's ROC (Joel Greenblatt) % has ranged from 9.47 to 38.67. According to the industry distribution chart, Solid Group ranks #425 out of 2493 companies in the Hardware industry, placing it in the top 17%.
Is Solid Group's ROC (Joel Greenblatt) % too high?
Solid Group's current ROC (Joel Greenblatt) % of 24.69% is 20% above median its 10-year median of 20.63. Over the past 10 years, this metric has ranged from a low of 9.47 to a high of 38.67. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Solid Group's value of 24.69% is 138.6% above this industry median. Based on the distribution chart, Solid Group ranks #425 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Solid Group has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Group's ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Solid Group ranks #425 out of 2493 companies for ROC (Joel Greenblatt) %. This places Solid Group in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.35. Solid Group's value of 24.69% is 138.6% above this benchmark. Historically, Solid Group's own ROC (Joel Greenblatt) % has ranged from 9.47 to 38.67 over the past decade. While the company's 10-year median is 20.63 vs. the industry median of 10.35, Solid Group 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,493 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. Solid Group's current ROC (Joel Greenblatt) % of 24.69% is 138.6% 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 Solid Group and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Group's current ROC (Joel Greenblatt) % is 24.69%, which is 20% above median its own 10-year median of 20.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Group stock overvalued right now?
Based on GuruFocus' analysis, Solid Group (PHS:SGI) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.46, compared to a current price of ₱1.40 — trading 4.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.69%, which is 20% above median its 10-year median of 20.63 and 138.6% above the Hardware industry median of 10.35. Solid Group's overall GF Score™ is 96/100 with 4 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 Solid Group (PHS:SGI), the current ROC (Joel Greenblatt) % is 24.69% 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 Solid Group (PHS:SGI) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Group stock appears to be undervalued. The current stock price of ₱1.40 is trading 4.1% below its estimated GF Value™ of ₱1.46. GuruFocus considers Solid Group to be Fairly Valued.

Key valuation signals for PHS:SGI:

  • ROC (Joel Greenblatt) %: 24.69% (20% above median its 10-year median of 20.63)
  • GF Value™: ₱1.46 vs. price of ₱1.40 (4.1% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 138.6% above the Hardware median (#425 of 2493)

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


Solid Group Business Description

Address 2285 Don Chino Roces Avenue Extension, Green Sun, Solid House, 2 Floor, Makati, PHL, 1231
Solid Group Inc operates as an investment holding company. It has four segments Distribution/Retail is involved in the sale of mobile phones and devices, home appliances and other electronic products, professional audio and video equipment, and prefabricated modular houses; Property and related services are involved in the leasing, development and sale of industrial and other real estate properties and hotel and related businesses; Logistics and technical solutions are presently engaged in the business of warehousing, distribution, and electronic servicing; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension of which majority of revenue comes from Distribution/Retail segment.
96GF Score

Get the complete analysis for PHS:SGI

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

₱1.40
Price
₱1.46
GF Value