SLDP (Solid Power) ROC (Joel Greenblatt) %: -54.97% (As of Mar. 2026)


SLDP Solid Power Inc SLDP
59 GF Score
Price $2.58
GF Value $1.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Solid Power ROC (Joel Greenblatt) %?

Solid Power SLDP -0.58% 59 ROC (Joel Greenblatt) % is -54.97% as of Mar. 2026. GuruFocus rates SLDP with a GF Score™ of 59/100 and a GF Value™ of $1.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Solid Power ranks worse than 96.41% 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. Solid Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -54.97%.

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

SLDP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -154.89   Med: -89.72   Max: 120.81
Current: -94.53

During the past 7 years, Solid Power's highest ROC (Joel Greenblatt) % was 120.81%. The lowest was -154.89%. And the median was -89.72%.

SLDP's ROC (Joel Greenblatt) % is ranked worse than
96.41% of 1336 companies
in the Vehicles & Parts industry
Industry Median: 11.97 vs SLDP: -94.53

Solid Power's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Solid Power  (NAS:SLDP) 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.


Solid Power ROC (Joel Greenblatt) % Related Terms


Solid Power ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solid Power'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.

Solid Power ROC (Joel Greenblatt) % Chart

Solid Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 120.81 -17.16 -65.86 -89.72 -94.52

Solid Power 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 -58.34 -103.38 -102.04 -116.36 -54.97

SLDP vs FOXF, SMP, MLR: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Solid Power'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.


Solid Power ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Power's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SLDP
59GF Score
Solid Power Inc SLDP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Power 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)
=(0 + 0 + 6.998) - (8.521 + 0.37 + 7.043)
=-8.936

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.221 + 0 + 6.634) - (12.488 + 0.37 + 3.308)
=-5.311

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Solid Power 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 )
=-50.7/( ( (93.045 + max(-8.936, 0)) + (91.43 + max(-5.311, 0)) )/ 2 )
=-50.7/( ( 93.045 + 91.43 )/ 2 )
=-50.7/92.2375
=-54.97 %

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 -54.97% mean?
Solid Power (SLDP) has a ROC (Joel Greenblatt) % of -54.97% 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 Solid Power and its competitors. According to the industry distribution chart, Solid Power ranks #1288 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 96.4%.
Is Solid Power's ROC (Joel Greenblatt) % too high?
Solid Power's current ROC (Joel Greenblatt) % is -54.97%. Based on the distribution chart, Solid Power ranks #1288 out of 1336 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Solid Power has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solid Power's ROC (Joel Greenblatt) % compare to FOXF and SMP?
According to the Vehicles & Parts industry distribution chart, Solid Power ranks #1288 out of 1336 companies for ROC (Joel Greenblatt) %. This places Solid Power in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,336 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. 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 Solid Power and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Power's current ROC (Joel Greenblatt) % is -54.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Power stock overvalued right now?
Based on GuruFocus' analysis, Solid Power (SLDP) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.43, compared to a current price of $2.58 — trading 80.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is -54.97%. Solid Power's overall GF Score™ is 59/100 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 Solid Power (SLDP), the current ROC (Joel Greenblatt) % is -54.97% 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 Solid Power (SLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Power stock appears to be overvalued. The current stock price of $2.58 is trading 80.4% above its estimated GF Value™ of $1.43. GuruFocus considers Solid Power to be Significantly Overvalued.

Key valuation signals for SLDP:

  • ROC (Joel Greenblatt) %: -54.97%
  • GF Value™: $1.43 vs. price of $2.58 (80.4% above fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Solid Power Business Description

Other Exchanges 4KD0:Germany
Address 486 South Pierce Avenue, Suite E, Louisville, CO, USA, 80027
Solid Power Inc develops solid-state battery technology and manufacturing processes. Its sulfide-based solid electrolyte material replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells and enables improvement in energy density, battery life and safety performance. The company produces electrolytes on two pilot manufacturing lines using a batch manufacturing process for customer sampling and internal cell development, and manufactures solid-state cells on pre-pilot and pilot cell manufacturing lines. Its cell manufacturing processes are developed around industry-standard lithium-ion battery manufacturing processes and equipment, and it manufactures all cell designs, including cathodes and anodes, using materials sourced from external suppliers.
59GF Score

Get the complete analysis for SLDP

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

$2.58
Price
$1.43
GF Value