SBRA (Sabra Health Care REIT) ROC (Joel Greenblatt) %: 752.77% (As of Mar. 2026) — 117% Above Median


SBRA Sabra Health Care REIT Inc SBRA
81 GF Score
Price $19.64
GF Value $19.51
Valuation Fairly Valued
! 10 Warning Signs
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What is Sabra Health Care REIT ROC (Joel Greenblatt) %?

Sabra Health Care REIT SBRA -1.26% 81 ROC (Joel Greenblatt) % is 752.77% as of Mar. 2026, which is 117% above its 10-year median of 346.99. GuruFocus rates SBRA with a GF Score™ of 81/100 and a GF Value™ of $19.51 (Fairly Valued). The stock has 10 warning signs investors should review. Among 586 REITs companies, Sabra Health Care REIT ranks better than 71.84% 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. Sabra Health Care REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 752.77%.

The historical rank and industry rank for Sabra Health Care REIT's ROC (Joel Greenblatt) % or its related term are showing as below:

SBRA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -61.39   Med: 346.99   Max: 2210.1
Current: 768.68

During the past 13 years, Sabra Health Care REIT's highest ROC (Joel Greenblatt) % was 2210.10%. The lowest was -61.39%. And the median was 346.99%.

SBRA's ROC (Joel Greenblatt) % is ranked better than
71.84% of 586 companies
in the REITs industry
Industry Median: 180.645 vs SBRA: 768.68

Sabra Health Care REIT's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Sabra Health Care REIT  (NAS:SBRA) 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.


Sabra Health Care REIT ROC (Joel Greenblatt) % Related Terms


Sabra Health Care REIT ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sabra Health Care REIT'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.

Sabra Health Care REIT ROC (Joel Greenblatt) % Chart

Sabra Health Care REIT 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 -61.39 283.34 2,054.29 2,210.10 1,367.64

Sabra Health Care REIT 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 1,346.54 1,085.02 428.17 0.00 752.77

SBRA vs NHI, HR, MPT: ROC (Joel Greenblatt) % Comparison

For the REIT - Healthcare Facilities subindustry, Sabra Health Care REIT'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.


Sabra Health Care REIT ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Sabra Health Care REIT's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sabra Health Care REIT's ROC (Joel Greenblatt) % falls into.


SBRA
81GF Score
Sabra Health Care REIT Inc SBRA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sabra Health Care REIT 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)
=(111.292 + 0 + 6.603) - (119.329 + 0 + 0)
=-1.434

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(148.088 + 0 + 6.921) - (117.947 + 0 + 0)
=37.062

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sabra Health Care REIT 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 )
=278.992/( ( (0 + max(-1.434, 0)) + (0 + max(37.062, 0)) )/ 1 )
=278.992/( ( 0 + 37.062 )/ 1 )
=278.992/37.062
=752.77 %

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 752.77% mean?
Sabra Health Care REIT (SBRA) has a ROC (Joel Greenblatt) % of 752.77% 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 Sabra Health Care REIT and its competitors. This is 117% above median its historical median of 346.99. According to the industry distribution chart, Sabra Health Care REIT ranks #165 out of 586 companies in the REITs industry, placing it in the top 28.2%.
Is Sabra Health Care REIT's ROC (Joel Greenblatt) % too high?
Sabra Health Care REIT's current ROC (Joel Greenblatt) % of 752.77% is 117% above median its 10-year median of 346.99. The REITs industry median ROC (Joel Greenblatt) % is 180.65. Sabra Health Care REIT's value of 752.77% is 316.7% above this industry median. Based on the distribution chart, Sabra Health Care REIT ranks #165 out of 586 companies in the REITs industry, which is above the industry midpoint. Overall, Sabra Health Care REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sabra Health Care REIT's ROC (Joel Greenblatt) % compare to NHI and HR?
According to the REITs industry distribution chart, Sabra Health Care REIT ranks #165 out of 586 companies for ROC (Joel Greenblatt) %. This puts Sabra Health Care REIT in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 180.65. Sabra Health Care REIT's value of 752.77% is 316.7% above this benchmark. While the company's 10-year median is 346.99 vs. the industry median of 180.65, Sabra Health Care REIT 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 180.65, based on 586 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. Sabra Health Care REIT's current ROC (Joel Greenblatt) % of 752.77% is 316.7% 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 Sabra Health Care REIT and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 180.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabra Health Care REIT's current ROC (Joel Greenblatt) % is 752.77%, which is 117% above median its own 10-year median of 346.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabra Health Care REIT stock overvalued right now?
Based on GuruFocus' analysis, Sabra Health Care REIT (SBRA) is currently considered Fairly Valued. The stock's GF Value™ is $19.51, compared to a current price of $19.64 — trading 0.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 752.77%, which is 117% above median its 10-year median of 346.99 and 316.7% above the REITs industry median of 180.65. Sabra Health Care REIT's overall GF Score™ is 81/100 with 10 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 Sabra Health Care REIT (SBRA), the current ROC (Joel Greenblatt) % is 752.77% 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 Sabra Health Care REIT (SBRA) Overvalued in 2026?

Based on GuruFocus' analysis, Sabra Health Care REIT stock appears to be overvalued. The current stock price of $19.64 is trading 0.6% above its estimated GF Value™ of $19.51. GuruFocus considers Sabra Health Care REIT to be Fairly Valued.

Key valuation signals for SBRA:

  • ROC (Joel Greenblatt) %: 752.77% (117% above median its 10-year median of 346.99)
  • GF Value™: $19.51 vs. price of $19.64 (0.6% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 316.7% above the REITs median (#165 of 586)

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


Sabra Health Care REIT Business Description

Industry Real EstateREITs
Other Exchanges SBC:Germany
Address 1781 Flight Way, Tustin, CA, USA, 92782
Sabra Health Care REIT Inc is a healthcare facility real estate investment trust. The company operates one segment that owns and invests in healthcare real estate. All of the company's revenue is generated in the United States. Sabra's operations consist of nursing facilities, assisted living centers, and mental health facilities.
81GF Score

Get the complete analysis for SBRA

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

$19.64
Price
$19.51
GF Value