SBSTF (SBS Transit) ROC (Joel Greenblatt) %: 30.93% (As of Dec. 2025) — 127% Above Median


What is SBS Transit ROC (Joel Greenblatt) %?

SBS Transit SBSTF 80 ROC (Joel Greenblatt) % is 30.93% as of Dec. 2025, which is 127% above its 10-year median of 13.65. GuruFocus rates SBSTF with a GF Score™ of 80/100. The stock has 5 warning signs investors should review. Among 996 Transportation companies, SBS Transit ranks better than 82.83% 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 Transit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 30.93%.

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

SBSTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.74   Med: 13.65   Max: 30.3
Current: 30.2

During the past 13 years, SBS Transit's highest ROC (Joel Greenblatt) % was 30.30%. The lowest was 4.74%. And the median was 13.65%.

SBSTF's ROC (Joel Greenblatt) % is ranked better than
82.83% of 996 companies
in the Transportation industry
Industry Median: 11.695 vs SBSTF: 30.20

SBS Transit's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 26.50% per year.


SBS Transit  (OTCPK:SBSTF) 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 Transit ROC (Joel Greenblatt) % Related Terms


SBS Transit ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SBS Transit'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 Transit ROC (Joel Greenblatt) % Chart

SBS Transit 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 9.00 16.25 21.63 26.73 31.06

SBS Transit Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 24.04 23.84 29.36 30.14 30.93

SBSTF vs UNP, CSX, NSC: ROC (Joel Greenblatt) % Comparison

For the Railroads subindustry, SBS Transit'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 Transit ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, SBS Transit's ROC (Joel Greenblatt) % distribution charts can be found below:

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



SBS Transit 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(123.299 + 101.087 + 29.305) - (77.559 + 0 + 169.035)
=7.097

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126.95 + 98.225 + 17.797) - (65.112 + 0 + 198.744)
=-20.884

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SBS Transit for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.368/( ( (186.717 + max(7.097, 0)) + (170.624 + max(-20.884, 0)) )/ 2 )
=56.368/( ( 193.814 + 170.624 )/ 2 )
=56.368/182.219
=30.93 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 30.93% mean?
SBS Transit (SBSTF) has a ROC (Joel Greenblatt) % of 30.93% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SBS Transit and its competitors. This is 127% above median its historical median of 13.65. Over the past decade, SBS Transit's ROC (Joel Greenblatt) % has ranged from 4.74 to 30.30. According to the industry distribution chart, SBS Transit ranks #171 out of 996 companies in the Transportation industry, placing it in the top 17.2%.
Is SBS Transit's ROC (Joel Greenblatt) % too high?
SBS Transit's current ROC (Joel Greenblatt) % of 30.93% is 127% above median its 10-year median of 13.65. Over the past 10 years, this metric has ranged from a low of 4.74 to a high of 30.30. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. SBS Transit's value of 30.93% is 164.5% above this industry median. Based on the distribution chart, SBS Transit ranks #171 out of 996 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, SBS Transit has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does SBS Transit's ROC (Joel Greenblatt) % compare to UNP and CSX?
According to the Transportation industry distribution chart, SBS Transit ranks #171 out of 996 companies for ROC (Joel Greenblatt) %. This places SBS Transit in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. SBS Transit's value of 30.93% is 164.5% above this benchmark. Historically, SBS Transit's own ROC (Joel Greenblatt) % has ranged from 4.74 to 30.30 over the past decade. While the company's 10-year median is 13.65 vs. the industry median of 11.70, SBS Transit 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 996 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 Transit's current ROC (Joel Greenblatt) % of 30.93% is 164.5% 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 Transit and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Transit's current ROC (Joel Greenblatt) % is 30.93%, which is 127% above median its own 10-year median of 13.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Transit stock overvalued right now?
SBS Transit (SBSTF) has a current ROC (Joel Greenblatt) % of 30.93%. The current ROC (Joel Greenblatt) % is 30.93%, which is 127% above median its 10-year median of 13.65 and 164.5% above the Transportation industry median of 11.70. SBS Transit's overall GF Score™ is 80/100 with 5 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 Transit (SBSTF), the current ROC (Joel Greenblatt) % is 30.93% as of Dec. 2025. 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.

SBS Transit Business Description

Other Exchanges S61:Singapore
Address 91 Sengkang East Avenue, Singapore, SGP, 545072
SBS Transit Ltd is engaged in providing public transport services and consultancy services relating to land transport. The provision of public transport services includes the operation of public buses and rail transit systems in Singapore. The company's operating segments are Public Transport Services and Other Commercial Services. The Public Transport Services include income generated from the provision of bus and rail services to commuters traveling on public transport systems. The Other Commercial Services include income generated from advertisements on buses and trains, and rental collection from commercial and shop space at bus interchanges and rail stations. The majority of the company's revenue is generated from the Public Transport Services segment.