Stella International HoldingsSLNLF 81 ROC (Joel Greenblatt) % is 19.79% as of Dec. 2025, which is 57% above its 10-year median of 12.63. GuruFocus rates SLNLF with a GF Score™ of 81/100 and a GF Value™ of $1.56. The stock has 4 warning signs investors should review. Among 1,056 Manufacturing - Apparel & Accessories companies, Stella International Holdings ranks better than 81.44% 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. Stella International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.79%.
The historical rank and industry rank for Stella International Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
SLNLF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.35 Med: 12.63 Max: 30.16
Current: 23.83
During the past 13 years, Stella International Holdings's highest ROC (Joel Greenblatt) % was 30.16%. The lowest was 0.35%. And the median was 12.63%.
SLNLF's ROC (Joel Greenblatt) % is ranked better than 81.44% of 1056
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.495
vs SLNLF: 23.83
Stella International Holdings (OTCPK:SLNLF) 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.
* 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.
Stella International Holdings ROC (Joel Greenblatt) % Chart
SLNLF vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, Stella International Holdings'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.
Stella International Holdings ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Stella International Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Stella International Holdings's ROC (Joel Greenblatt) % falls into.
Stella International Holdings 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:
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 19.79% mean?
Stella International Holdings (SLNLF) has a ROC (Joel Greenblatt) % of 19.79% 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 Stella International Holdings and its competitors. This is 57% above median its historical median of 12.63. Over the past decade, Stella International Holdings' ROC (Joel Greenblatt) % has ranged from 0.35 to 30.16. According to the industry distribution chart, Stella International Holdings ranks #196 out of 1056 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.6%.
Is Stella International Holdings' ROC (Joel Greenblatt) % too high?
Stella International Holdings' current ROC (Joel Greenblatt) % of 19.79% is 57% above median its 10-year median of 12.63. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 30.16. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.50. Stella International Holdings' value of 19.79% is 133% above this industry median. Based on the distribution chart, Stella International Holdings ranks #196 out of 1056 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Stella International Holdings has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Stella International Holdings' ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Stella International Holdings ranks #196 out of 1056 companies for ROC (Joel Greenblatt) %. This places Stella International Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.50. Stella International Holdings' value of 19.79% is 133% above this benchmark. Historically, Stella International Holdings' own ROC (Joel Greenblatt) % has ranged from 0.35 to 30.16 over the past decade. While the company's 10-year median is 12.63 vs. the industry median of 8.50, Stella International Holdings 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.50, based on 1,056 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. Stella International Holdings's current ROC (Joel Greenblatt) % of 19.79% is 133% 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 Stella International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stella International Holdings's current ROC (Joel Greenblatt) % is 19.79%, which is 57% above median its own 10-year median of 12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella International Holdings stock overvalued right now?
Stella International Holdings (SLNLF) has a current ROC (Joel Greenblatt) % of 19.79%. The stock's GF Value™ is $1.56, compared to a current price of $1.41 — trading 9.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.79%, which is 57% above median its 10-year median of 12.63 and 133% above the Manufacturing - Apparel & Accessories industry median of 8.50. Stella International Holdings' overall GF Score™ is 81/100 with 4 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 Stella International Holdings (SLNLF), the current ROC (Joel Greenblatt) % is 19.79% 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 Stella International Holdings (SLNLF) Overvalued in 2026?
Based on GuruFocus' analysis, Stella International Holdings stock appears to be undervalued.
The current stock price of $1.41 is trading 9.6% below its estimated GF Value™ of $1.56.
Key valuation signals for SLNLF:
ROC (Joel Greenblatt) %: 19.79% (57% above median its 10-year median of 12.63)
GF Value™: $1.56 vs. price of $1.41 (9.6% below fair value)
Industry Position: 133% above the Manufacturing - Apparel & Accessories median (#196 of 1056)
No single metric tells the full story. See the SLNLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stella International Holdings Business Description
Stella International Holdings Ltd, along with its subsidiaries, designs and manufactures footwear and leather goods, which are sold to consumers under its brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. It operates in two reportable segments: Manufacturing, and Retailing and Wholesaling. The Manufacturing segment, which generates the maximum revenue, engages in the sale and manufacture of footwear and handbags. The Retailing and Wholesaling segment engages in the sale of products of self-developed brands. Geographically, the Group generates maximum revenue from North America, and the rest from Europe, PRC, Asia (excluding PRC), and other countries.
81GF Score
Get the complete analysis for SLNLF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SLNLF has been successfully added to your 
