SKY (Champion Homes) ROC (Joel Greenblatt) %: 61.61% (As of Jun. 2026) — Near Median

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SKY Champion Homes Inc SKY
89 GF Score
Price $94.66
GF Value $94.35
Valuation Fairly Valued
! 7 Warning Signs
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What is Champion Homes ROC (Joel Greenblatt) %?

Champion Homes SKY +3.43% 89 ROC (Joel Greenblatt) % is 61.61% as of Jun. 2026, which is 5% below its 10-year median of 64.93. GuruFocus rates SKY with a GF Score™ of 89/100 and a GF Value™ of $94.35 (Fairly Valued). The stock has 7 warning signs investors should review. Among 97 Homebuilding & Construction companies, Champion Homes ranks better than 92.78% 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. Champion Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 61.61%.

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

SKY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.63   Med: 64.93   Max: 275.9
Current: 56.92

During the past 13 years, Champion Homes's highest ROC (Joel Greenblatt) % was 275.90%. The lowest was -34.63%. And the median was 64.93%.

SKY's ROC (Joel Greenblatt) % is ranked better than
92.78% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 10.81 vs SKY: 56.92

Champion Homes's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.60% per year.


Champion Homes  (NYSE:SKY) 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.


Champion Homes ROC (Joel Greenblatt) % Related Terms


Champion Homes ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Champion Homes'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.

Champion Homes ROC (Joel Greenblatt) % Chart

Champion Homes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.07 275.90 64.20 62.26 62.44

Champion Homes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 75.99 68.47 60.03 36.91 61.61

SKY vs CVCO, MTH, MHO: ROC (Joel Greenblatt) % Comparison

For the Residential Construction subindustry, Champion Homes'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.


Champion Homes ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Champion Homes's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SKY
89GF Score
Champion Homes Inc SKY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Champion Homes 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(88.81 + 358.313 + 42.836) - (241.75 + 74.863 + 34.741)
=138.605

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.899 + 363.635 + 46.669) - (231.303 + 83.606 + 47.461)
=142.833

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Champion Homes for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=279.724/( ( (314.197 + max(138.605, 0)) + (312.356 + max(142.833, 0)) )/ 2 )
=279.724/( ( 452.802 + 455.189 )/ 2 )
=279.724/453.9955
=61.61 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 61.61% mean?
Champion Homes (SKY) has a ROC (Joel Greenblatt) % of 61.61% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Champion Homes and its competitors. This is near median its historical median of 64.93. According to the industry distribution chart, Champion Homes ranks #7 out of 97 companies in the Homebuilding & Construction industry, placing it in the top 7.2%.
Is Champion Homes' ROC (Joel Greenblatt) % too high?
Champion Homes' current ROC (Joel Greenblatt) % of 61.61% is near median its 10-year median of 64.93. The Homebuilding & Construction industry median ROC (Joel Greenblatt) % is 10.81. Champion Homes' value of 61.61% is 469.9% above this industry median. Based on the distribution chart, Champion Homes ranks #7 out of 97 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Champion Homes has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Champion Homes' ROC (Joel Greenblatt) % compare to CVCO and MTH?
According to the Homebuilding & Construction industry distribution chart, Champion Homes ranks #7 out of 97 companies for ROC (Joel Greenblatt) %. This places Champion Homes in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.81. Champion Homes' value of 61.61% is 469.9% above this benchmark. While the company's 10-year median is 64.93 vs. the industry median of 10.81, Champion Homes 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 Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 10.81, based on 97 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. Champion Homes's current ROC (Joel Greenblatt) % of 61.61% is 469.9% 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 Champion Homes and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 10.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Champion Homes's current ROC (Joel Greenblatt) % is 61.61%, which is near median its own 10-year median of 64.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Homes stock overvalued right now?
Based on GuruFocus' analysis, Champion Homes (SKY) is currently considered Fairly Valued. The stock's GF Value™ is $94.35, compared to a current price of $94.66 — trading 0.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 61.61%, which is near median its 10-year median of 64.93 and 469.9% above the Homebuilding & Construction industry median of 10.81. Champion Homes' overall GF Score™ is 89/100 with 7 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 Champion Homes (SKY), the current ROC (Joel Greenblatt) % is 61.61% as of Jun. 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 Champion Homes (SKY) Overvalued in 2026?

Based on GuruFocus' analysis, Champion Homes stock appears to be overvalued. The current stock price of $94.66 is trading 0.3% above its estimated GF Value™ of $94.35. GuruFocus considers Champion Homes to be Fairly Valued.

Key valuation signals for SKY:

  • ROC (Joel Greenblatt) %: 61.61% (near median its 10-year median of 64.93)
  • GF Value™: $94.35 vs. price of $94.66 (0.3% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 469.9% above the Homebuilding & Construction median (#7 of 97)

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


Champion Homes Business Description

Address 755 West Big Beaver Road, Suite 1000, Troy, MI, USA, 48084
Champion Homes Inc is a factory-built housing company in North America. The company is well positioned with an portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and other hospitality sectors. In addition to its core home building business, the company provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
89GF Score

Get the complete analysis for SKY

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

$94.66
Price
$94.35
GF Value