SGL Carbon SESGLFF -3.83%66 ROC (Joel Greenblatt) % is 9.53% as of Mar. 2026, which is 149% above its 10-year median of 3.82. GuruFocus rates SGLFF with a GF Score™ of 66/100 and a GF Value™ of $4.86 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,606 Chemicals companies, SGL Carbon SE ranks worse than 75.65% 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. SGL Carbon SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.53%.
The historical rank and industry rank for SGL Carbon SE's ROC (Joel Greenblatt) % or its related term are showing as below:
SGLFF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.83 Med: 3.82 Max: 16.62
Current: 0.68
During the past 13 years, SGL Carbon SE's highest ROC (Joel Greenblatt) % was 16.62%. The lowest was -11.83%. And the median was 3.82%.
SGLFF's ROC (Joel Greenblatt) % is ranked worse than 75.65% of 1606
companies
in the Chemicals industry
Industry Median: 9.38
vs SGLFF: 0.68
SGL Carbon SE's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
SGL Carbon SE (OTCPK:SGLFF) 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.
SGL Carbon SE ROC (Joel Greenblatt) % Related Terms
SGL Carbon SE ROC (Joel Greenblatt) % Historical Data
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The historical data trend for SGL Carbon SE'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.
For the Chemicals subindustry, SGL Carbon SE'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.
SGL Carbon SE ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SGL Carbon SE's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SGL Carbon SE'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 9.53% mean?
SGL Carbon SE (SGLFF) has a ROC (Joel Greenblatt) % of 9.53% 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 SGL Carbon SE and its competitors. This is 149% above median its historical median of 3.82. According to the industry distribution chart, SGL Carbon SE ranks #1215 out of 1606 companies in the Chemicals industry, placing it in the top 75.7%.
Is SGL Carbon SE's ROC (Joel Greenblatt) % too high?
SGL Carbon SE's current ROC (Joel Greenblatt) % of 9.53% is 149% above median its 10-year median of 3.82. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. SGL Carbon SE's value of 9.53% is 1.6% above this industry median. Based on the distribution chart, SGL Carbon SE ranks #1215 out of 1606 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, SGL Carbon SE has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SGL Carbon SE's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, SGL Carbon SE ranks #1215 out of 1606 companies for ROC (Joel Greenblatt) %. This places SGL Carbon SE in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.38. SGL Carbon SE's value of 9.53% is 1.6% above this benchmark. While the company's 10-year median is 3.82 vs. the industry median of 9.38, SGL Carbon SE 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.38, based on 1,606 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. SGL Carbon SE's current ROC (Joel Greenblatt) % of 9.53% is 1.6% 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 SGL Carbon SE and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SGL Carbon SE's current ROC (Joel Greenblatt) % is 9.53%, which is 149% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SGL Carbon SE stock overvalued right now?
Based on GuruFocus' analysis, SGL Carbon SE (SGLFF) is currently considered Fairly Valued. The stock's GF Value™ is $4.86, compared to a current price of $5.25 — trading 8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.53%, which is 149% above median its 10-year median of 3.82 and 1.6% above the Chemicals industry median of 9.38. SGL Carbon SE's overall GF Score™ is 66/100 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 SGL Carbon SE (SGLFF), the current ROC (Joel Greenblatt) % is 9.53% 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 SGL Carbon SE (SGLFF) Overvalued in 2026?
Based on GuruFocus' analysis, SGL Carbon SE stock appears to be overvalued.
The current stock price of $5.25 is trading 8% above its estimated GF Value™ of $4.86.
GuruFocus considers SGL Carbon SE to be Fairly Valued.
Key valuation signals for SGLFF:
ROC (Joel Greenblatt) %: 9.53% (149% above median its 10-year median of 3.82)
GF Value™: $4.86 vs. price of $5.25 (8% above fair value)
Industry Position: 1.6% above the Chemicals median (#1215 of 1606)
No single metric tells the full story. See the SGLFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SGL Carbon SE produces carbon and graphite-based products, operating through segments like Composite Solutions, Graphite Solutions, Process Technology, Carbon Fibers, and Corporate. Maximum revenue comes from the Graphite Solutions segment, offering graphite products for industrial applications and industries like semiconductors, energy, chemicals, and automotive. Process Technology specializes in constructing and repairing plants and equipment for the chemicals sector. The Carbon Fibers segment provides carbon fibers and related semi-finished products for wind energy and automotive uses. Composite Solutions delivers customized composite material components, mainly for the automotive sector. Geographically, the company generates maximum revenue from Germany, followed by other markets.
66GF Score
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