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Sibanye StillwaterSBYSF -10.61%74 ROC (Joel Greenblatt) % is 10.15% as of Dec. 2025, which is 223% above its 10-year median of 3.14. GuruFocus rates SBYSF with a GF Score™ of 74/100 and a GF Value™ of $2.03 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,505 Metals & Mining companies, Sibanye Stillwater ranks better than 77.13% 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. Sibanye Stillwater's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.15%.
The historical rank and industry rank for Sibanye Stillwater's ROC (Joel Greenblatt) % or its related term are showing as below:
SBYSF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -45.42 Med: 3.14 Max: 66.07
Current: 4.25
During the past 13 years, Sibanye Stillwater's highest ROC (Joel Greenblatt) % was 66.07%. The lowest was -45.42%. And the median was 3.14%.
SBYSF's ROC (Joel Greenblatt) % is ranked better than 77.13% of 2505
companies
in the Metals & Mining industry
Industry Median: -22.12
vs SBYSF: 4.25
Sibanye Stillwater's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Sibanye Stillwater ROC (Joel Greenblatt) % Related Terms
Sibanye Stillwater ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sibanye Stillwater'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.
SBYSF vs HL, SIND: ROC (Joel Greenblatt) % Comparison
For the Other Precious Metals & Mining subindustry, Sibanye Stillwater'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.
Sibanye Stillwater ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sibanye Stillwater's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sibanye Stillwater'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 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 10.15% mean?
Sibanye Stillwater (SBYSF) has a ROC (Joel Greenblatt) % of 10.15% 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 Sibanye Stillwater and its competitors. This is 223% above median its historical median of 3.14. According to the industry distribution chart, Sibanye Stillwater ranks #573 out of 2505 companies in the Metals & Mining industry, placing it in the top 22.9%.
Is Sibanye Stillwater's ROC (Joel Greenblatt) % too high?
Sibanye Stillwater's current ROC (Joel Greenblatt) % of 10.15% is 223% above median its 10-year median of 3.14. Based on the distribution chart, Sibanye Stillwater ranks #573 out of 2505 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Sibanye Stillwater has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sibanye Stillwater's ROC (Joel Greenblatt) % compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Sibanye Stillwater ranks #573 out of 2505 companies for ROC (Joel Greenblatt) %. This places Sibanye Stillwater in the top 23% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Sibanye Stillwater and its competitors. Sibanye Stillwater's current ROC (Joel Greenblatt) % is 10.15%, which is 223% above median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sibanye Stillwater stock overvalued right now?
Based on GuruFocus' analysis, Sibanye Stillwater (SBYSF) is currently considered Fairly Valued. The stock's GF Value™ is $2.03, compared to a current price of $1.98 — trading 2.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.15%, which is 223% above median its 10-year median of 3.14. Sibanye Stillwater's overall GF Score™ is 74/100 with 6 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 Sibanye Stillwater (SBYSF), the current ROC (Joel Greenblatt) % is 10.15% 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.
Is Sibanye Stillwater (SBYSF) Overvalued in 2026?
Based on GuruFocus' analysis, Sibanye Stillwater stock appears to be undervalued.
The current stock price of $1.98 is trading 2.5% below its estimated GF Value™ of $2.03.
GuruFocus considers Sibanye Stillwater to be Fairly Valued.
Key valuation signals for SBYSF:
ROC (Joel Greenblatt) %: 10.15% (223% above median its 10-year median of 3.14)
GF Value™: $2.03 vs. price of $1.98 (2.5% below fair value)
No single metric tells the full story. See the SBYSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressCnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Building 11, Ground Floor, Lakeview Avenue, Constantia Office Park, Weltevreden Park, Roodepoort, GT, ZAF, 1709
Sibanye Stillwater Ltd is a South African mining and metals processing group with a diverse portfolio of operations, projects, and investments across five continents. The Group is also one of the foremost recyclers of PGM autocatalysts and has interests in mine tailings retreatment operations. It is a producer of platinum, palladium, and rhodium and is a top-tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper, and cobalt. Its products are Gold, Nickel, Zinc, Chrome, PGMs, and other. Group operations are divided into two segments, South African Operations and International and recycling operations.
74GF Score
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