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Sabine Royalty TrustSBR -0.51%75 ROC (Joel Greenblatt) % is 75,737.23% as of Mar. 2026, which is 147% above its 10-year median of 30,711.53. GuruFocus rates SBR with a GF Score™ of 75/100 and a GF Value™ of $49.87 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,000 Oil & Gas companies, Sabine Royalty Trust ranks better than 99.8% 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. Sabine Royalty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 75,737.23%.
The historical rank and industry rank for Sabine Royalty Trust's ROC (Joel Greenblatt) % or its related term are showing as below:
SBR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9439.18 Med: 30711.53 Max: 100378.69
Current: 94571.03
During the past 13 years, Sabine Royalty Trust's highest ROC (Joel Greenblatt) % was 100378.69%. The lowest was 9439.18%. And the median was 30711.53%.
SBR's ROC (Joel Greenblatt) % is ranked better than 99.8% of 1000
companies
in the Oil & Gas industry
Industry Median: 8.43
vs SBR: 94571.03
Sabine Royalty Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 34.60% per year.
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.
Sabine Royalty Trust ROC (Joel Greenblatt) % Related Terms
Sabine Royalty Trust ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sabine Royalty Trust'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.
SBR vs TEN, PBT, TK: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Midstream subindustry, Sabine Royalty Trust'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.
Sabine Royalty Trust ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sabine Royalty Trust'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 75,737.23% mean?
Sabine Royalty Trust (SBR) has a ROC (Joel Greenblatt) % of 75,737.23% 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 Sabine Royalty Trust and its competitors. This is 147% above median its historical median of 30,711.53. Over the past decade, Sabine Royalty Trust's ROC (Joel Greenblatt) % has ranged from 9,439.18 to 100,378.69. According to the industry distribution chart, Sabine Royalty Trust ranks #2 out of 1000 companies in the Oil & Gas industry, placing it in the top 0.2%.
Is Sabine Royalty Trust's ROC (Joel Greenblatt) % too high?
Sabine Royalty Trust's current ROC (Joel Greenblatt) % of 75,737.23% is 147% above median its 10-year median of 30,711.53. Over the past 10 years, this metric has ranged from a low of 9,439.18 to a high of 100,378.69. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.43. Sabine Royalty Trust's value of 75,737.23% is 898325% above this industry median. Based on the distribution chart, Sabine Royalty Trust ranks #2 out of 1000 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sabine Royalty Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabine Royalty Trust's ROC (Joel Greenblatt) % compare to TEN and PBT?
According to the Oil & Gas industry distribution chart, Sabine Royalty Trust ranks #2 out of 1000 companies for ROC (Joel Greenblatt) %. This places Sabine Royalty Trust in the top 0% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.43. Sabine Royalty Trust's value of 75,737.23% is 898325% above this benchmark. Historically, Sabine Royalty Trust's own ROC (Joel Greenblatt) % has ranged from 9,439.18 to 100,378.69 over the past decade. While the company's 10-year median is 30,711.53 vs. the industry median of 8.43, Sabine Royalty Trust 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.43, based on 1,000 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. Sabine Royalty Trust's current ROC (Joel Greenblatt) % of 75,737.23% is 898325% 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 Sabine Royalty Trust and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabine Royalty Trust's current ROC (Joel Greenblatt) % is 75,737.23%, which is 147% above median its own 10-year median of 30,711.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabine Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Sabine Royalty Trust (SBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $49.87, compared to a current price of $73.80 — trading 48% above its estimated fair value. The current ROC (Joel Greenblatt) % is 75,737.23%, which is 147% above median its 10-year median of 30,711.53 and 898325% above the Oil & Gas industry median of 8.43. Sabine Royalty Trust's overall GF Score™ is 75/100 with 9 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 Sabine Royalty Trust (SBR), the current ROC (Joel Greenblatt) % is 75,737.23% 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 Sabine Royalty Trust (SBR) Overvalued in 2026?
Based on GuruFocus' analysis, Sabine Royalty Trust stock appears to be overvalued.
The current stock price of $73.80 is trading 48% above its estimated GF Value™ of $49.87.
GuruFocus considers Sabine Royalty Trust to be Significantly Overvalued.
Key valuation signals for SBR:
ROC (Joel Greenblatt) %: 75,737.23% (147% above median its 10-year median of 30,711.53)
GF Value™: $49.87 vs. price of $73.80 (48% above fair value)
Industry Position: 898325% above the Oil & Gas median (#2 of 1000)
No single metric tells the full story. See the SBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sabine Royalty Trust formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interests, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.
75GF Score
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