SN (SharkNinja) ROC (Joel Greenblatt) %: 44.13% (As of Jun. 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SN SharkNinja Inc SN
89 GF Score
Price $180.76
GF Value $120.16
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is SharkNinja ROC (Joel Greenblatt) %?

SharkNinja SN +0.43% 89 ROC (Joel Greenblatt) % is 44.13% as of Jun. 2026, which is 25% below its 10-year median of 58.66. GuruFocus rates SN with a GF Score™ of 89/100 and a GF Value™ of $120.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, SharkNinja ranks better than 92.15% 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. SharkNinja's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 44.13%.

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

SN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 40.59   Med: 58.66   Max: 76.4
Current: 60.96

During the past 6 years, SharkNinja's highest ROC (Joel Greenblatt) % was 76.40%. The lowest was 40.59%. And the median was 58.66%.

SN's ROC (Joel Greenblatt) % is ranked better than
92.15% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.92 vs SN: 60.96

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


SharkNinja  (NYSE:SN) 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.


SharkNinja ROC (Joel Greenblatt) % Related Terms


SharkNinja ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SharkNinja'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.

SharkNinja ROC (Joel Greenblatt) % Chart

SharkNinja Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 58.66 43.29 40.59 64.31 76.40

SharkNinja Quarterly Data
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 55.03 67.04 90.36 41.10 44.13

SN vs SGI, MHK, ALH: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, SharkNinja'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.


SharkNinja ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, SharkNinja's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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

SharkNinja 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)
=(1475.606 + 1034.582 + 58.743) - (1333.114 + 0 + 0)
=1235.817

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1582.067 + 1143.597 + 94.881) - (1769.907 + 0 + 0)
=1050.638

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SharkNinja 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 )
=686.332/( ( (379.776 + max(1235.817, 0)) + (444.468 + max(1050.638, 0)) )/ 2 )
=686.332/( ( 1615.593 + 1495.106 )/ 2 )
=686.332/1555.3495
=44.13 %

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 44.13% mean?
SharkNinja (SN) has a ROC (Joel Greenblatt) % of 44.13% 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 SharkNinja and its competitors. This is 25% below median its historical median of 58.66. Over the past decade, SharkNinja's ROC (Joel Greenblatt) % has ranged from 40.59 to 76.40. According to the industry distribution chart, SharkNinja ranks #34 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 7.9%.
Is SharkNinja's ROC (Joel Greenblatt) % too high?
SharkNinja's current ROC (Joel Greenblatt) % of 44.13% is 25% below median its 10-year median of 58.66. Over the past 10 years, this metric has ranged from a low of 40.59 to a high of 76.40. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.92. SharkNinja's value of 44.13% is 344.9% above this industry median. Based on the distribution chart, SharkNinja ranks #34 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, SharkNinja has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SharkNinja's ROC (Joel Greenblatt) % compare to SGI and MHK?
According to the Furnishings, Fixtures & Appliances industry distribution chart, SharkNinja ranks #34 out of 433 companies for ROC (Joel Greenblatt) %. This places SharkNinja in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.92. SharkNinja's value of 44.13% is 344.9% above this benchmark. Historically, SharkNinja's own ROC (Joel Greenblatt) % has ranged from 40.59 to 76.40 over the past decade. While the company's 10-year median is 58.66 vs. the industry median of 9.92, SharkNinja 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.92, based on 433 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. SharkNinja's current ROC (Joel Greenblatt) % of 44.13% is 344.9% 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 SharkNinja and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SharkNinja's current ROC (Joel Greenblatt) % is 44.13%, which is 25% below median its own 10-year median of 58.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SharkNinja stock overvalued right now?
Based on GuruFocus' analysis, SharkNinja (SN) is currently considered Significantly Overvalued. The stock's GF Value™ is $120.16, compared to a current price of $180.76 — trading 50.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 44.13%, which is 25% below median its 10-year median of 58.66 and 344.9% above the Furnishings, Fixtures & Appliances industry median of 9.92. SharkNinja's overall GF Score™ is 89/100 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 SharkNinja (SN), the current ROC (Joel Greenblatt) % is 44.13% 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 SharkNinja (SN) Overvalued in 2026?

Based on GuruFocus' analysis, SharkNinja stock appears to be overvalued. The current stock price of $180.76 is trading 50.4% above its estimated GF Value™ of $120.16. GuruFocus considers SharkNinja to be Significantly Overvalued.

Key valuation signals for SN:

  • ROC (Joel Greenblatt) %: 44.13% (25% below median its 10-year median of 58.66)
  • GF Value™: $120.16 vs. price of $180.76 (50.4% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 344.9% above the Furnishings, Fixtures & Appliances median (#34 of 433)

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


SharkNinja Business Description

Address 89 A Street, Needham, MA, USA, 02494
SharkNinja Inc is a product design and technology company that creates 5-star-rated lifestyle solutions through inventive products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment, and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The Company has identified two operating segments, Domestic and International. The SharkNinja Group is expected to carry on the design, production, marketing, and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the U.S. market.
89GF Score

Get the complete analysis for SN

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

$180.76
Price
$120.16
GF Value