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Saudi Steel Pipe CoSAU:1320 -0.63%86 ROC (Joel Greenblatt) % is 15.82% as of Jun. 2026, which is 1498% above its 10-year median of 0.99. GuruFocus rates SAU:1320 with a GF Score™ of 86/100 and a GF Value™ of ﷼50.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 631 Steel companies, Saudi Steel Pipe Co ranks better than 81.3% 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. Saudi Steel Pipe Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.82%.
The historical rank and industry rank for Saudi Steel Pipe Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SAU:1320'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.43 Med: 0.99 Max: 26.91
Current: 20.21
During the past 13 years, Saudi Steel Pipe Co's highest ROC (Joel Greenblatt) % was 26.91%. The lowest was -19.43%. And the median was 0.99%.
SAU:1320's ROC (Joel Greenblatt) % is ranked better than 81.3% of 631
companies
in the Steel industry
Industry Median: 7.9
vs SAU:1320: 20.21
Saudi Steel Pipe Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Saudi Steel Pipe Co (SAU:1320) 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.
Saudi Steel Pipe Co ROC (Joel Greenblatt) % Related Terms
Saudi Steel Pipe Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Saudi Steel Pipe Co'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.
SAU:1320 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Saudi Steel Pipe Co'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.
Saudi Steel Pipe Co ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Saudi Steel Pipe Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Saudi Steel Pipe Co's ROC (Joel Greenblatt) % falls into.
Saudi Steel Pipe Co 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:
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 (Jun. 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 15.82% mean?
Saudi Steel Pipe Co (SAU:1320) has a ROC (Joel Greenblatt) % of 15.82% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Saudi Steel Pipe Co and its competitors. This is 1498% above median its historical median of 0.99. According to the industry distribution chart, Saudi Steel Pipe Co ranks #118 out of 631 companies in the Steel industry, placing it in the top 18.7%.
Is Saudi Steel Pipe Co's ROC (Joel Greenblatt) % too high?
Saudi Steel Pipe Co's current ROC (Joel Greenblatt) % of 15.82% is 1498% above median its 10-year median of 0.99. The Steel industry median ROC (Joel Greenblatt) % is 7.90. Saudi Steel Pipe Co's value of 15.82% is 100.3% above this industry median. Based on the distribution chart, Saudi Steel Pipe Co ranks #118 out of 631 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Steel Pipe Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Steel Pipe Co's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Saudi Steel Pipe Co ranks #118 out of 631 companies for ROC (Joel Greenblatt) %. This places Saudi Steel Pipe Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.90. Saudi Steel Pipe Co's value of 15.82% is 100.3% above this benchmark. While the company's 10-year median is 0.99 vs. the industry median of 7.90, Saudi Steel Pipe Co 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.90, based on 631 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. Saudi Steel Pipe Co's current ROC (Joel Greenblatt) % of 15.82% is 100.3% 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 Saudi Steel Pipe Co and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Steel Pipe Co's current ROC (Joel Greenblatt) % is 15.82%, which is 1498% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Steel Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Steel Pipe Co (SAU:1320) is currently considered Fairly Valued. The stock's GF Value™ is ﷼50.20, compared to a current price of ﷼47.30 — trading 5.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.82%, which is 1498% above median its 10-year median of 0.99 and 100.3% above the Steel industry median of 7.90. Saudi Steel Pipe Co's overall GF Score™ is 86/100 with 3 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 Saudi Steel Pipe Co (SAU:1320), the current ROC (Joel Greenblatt) % is 15.82% as of Jun. 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 Saudi Steel Pipe Co (SAU:1320) Overvalued in 2026?
Based on GuruFocus' analysis, Saudi Steel Pipe Co stock appears to be undervalued.
The current stock price of ﷼47.30 is trading 5.8% below its estimated GF Value™ of ﷼50.20.
GuruFocus considers Saudi Steel Pipe Co to be Fairly Valued.
Key valuation signals for SAU:1320:
ROC (Joel Greenblatt) %: 15.82% (1498% above median its 10-year median of 0.99)
GF Value™: ﷼50.20 vs. price of ﷼47.30 (5.8% below fair value)
Industry Position: 100.3% above the Steel median (#118 of 631)
No single metric tells the full story. See the SAU:1320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in single segment, being the Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. The company has a market presence in two segments namely Saudi Arabia and Other countries with the majority of the revenue generated from Saudi Arabia.
86GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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