SQM (Sociedad Quimica Y Minera De Chile) ROC (Joel Greenblatt) %: 50.88% (As of Mar. 2026) — 129% Above Median

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SQM Sociedad Quimica Y Minera De Chile SA SQM
88 GF Score
Price $72.95
GF Value $46.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sociedad Quimica Y Minera De Chile ROC (Joel Greenblatt) %?

Sociedad Quimica Y Minera De Chile SQM +1.40% 88 ROC (Joel Greenblatt) % is 50.88% as of Mar. 2026, which is 129% above its 10-year median of 22.22. GuruFocus rates SQM with a GF Score™ of 88/100 and a GF Value™ of $46.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,604 Chemicals companies, Sociedad Quimica Y Minera De Chile ranks better than 84.48% 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. Sociedad Quimica Y Minera De Chile's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 50.88%.

The historical rank and industry rank for Sociedad Quimica Y Minera De Chile's ROC (Joel Greenblatt) % or its related term are showing as below:

SQM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.25   Med: 22.22   Max: 176.52
Current: 26.12

During the past 13 years, Sociedad Quimica Y Minera De Chile's highest ROC (Joel Greenblatt) % was 176.52%. The lowest was 11.25%. And the median was 22.22%.

SQM's ROC (Joel Greenblatt) % is ranked better than
84.48% of 1604 companies
in the Chemicals industry
Industry Median: 9.4 vs SQM: 26.12

Sociedad Quimica Y Minera De Chile's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.90% per year.


Sociedad Quimica Y Minera De Chile  (NYSE:SQM) 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.


Sociedad Quimica Y Minera De Chile ROC (Joel Greenblatt) % Related Terms


Sociedad Quimica Y Minera De Chile ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sociedad Quimica Y Minera De Chile'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.

Sociedad Quimica Y Minera De Chile ROC (Joel Greenblatt) % Chart

Sociedad Quimica Y Minera De Chile Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.48 174.28 61.92 17.95 16.89

Sociedad Quimica Y Minera De Chile 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 16.65 12.34 19.28 24.11 50.88

SQM vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Sociedad Quimica Y Minera De Chile'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.


Sociedad Quimica Y Minera De Chile ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sociedad Quimica Y Minera De Chile's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sociedad Quimica Y Minera De Chile's ROC (Joel Greenblatt) % falls into.


SQM
88GF Score
Sociedad Quimica Y Minera De Chile SA SQM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sociedad Quimica Y Minera De Chile 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 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(826.1 + 1882.2 + 399.8) - (0 + 0 + 2203.9)
=904.2

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sociedad Quimica Y Minera De Chile 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 )
=2962/( ( (0 + max(0, 0)) + (4917.2 + max(904.2, 0)) )/ 1 )
=2962/( ( 0 + 5821.4 )/ 1 )
=2962/5821.4
=50.88 %

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 50.88% mean?
Sociedad Quimica Y Minera De Chile (SQM) has a ROC (Joel Greenblatt) % of 50.88% 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 Sociedad Quimica Y Minera De Chile and its competitors. This is 129% above median its historical median of 22.22. Over the past decade, Sociedad Quimica Y Minera De Chile's ROC (Joel Greenblatt) % has ranged from 11.25 to 176.52. According to the industry distribution chart, Sociedad Quimica Y Minera De Chile ranks #249 out of 1604 companies in the Chemicals industry, placing it in the top 15.5%.
Is Sociedad Quimica Y Minera De Chile's ROC (Joel Greenblatt) % too high?
Sociedad Quimica Y Minera De Chile's current ROC (Joel Greenblatt) % of 50.88% is 129% above median its 10-year median of 22.22. Over the past 10 years, this metric has ranged from a low of 11.25 to a high of 176.52. The Chemicals industry median ROC (Joel Greenblatt) % is 9.40. Sociedad Quimica Y Minera De Chile's value of 50.88% is 441.3% above this industry median. Based on the distribution chart, Sociedad Quimica Y Minera De Chile ranks #249 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sociedad Quimica Y Minera De Chile has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sociedad Quimica Y Minera De Chile's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sociedad Quimica Y Minera De Chile ranks #249 out of 1604 companies for ROC (Joel Greenblatt) %. This places Sociedad Quimica Y Minera De Chile in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.40. Sociedad Quimica Y Minera De Chile's value of 50.88% is 441.3% above this benchmark. Historically, Sociedad Quimica Y Minera De Chile's own ROC (Joel Greenblatt) % has ranged from 11.25 to 176.52 over the past decade. While the company's 10-year median is 22.22 vs. the industry median of 9.40, Sociedad Quimica Y Minera De Chile 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 9.40, based on 1,604 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. Sociedad Quimica Y Minera De Chile's current ROC (Joel Greenblatt) % of 50.88% is 441.3% 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 Sociedad Quimica Y Minera De Chile and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sociedad Quimica Y Minera De Chile's current ROC (Joel Greenblatt) % is 50.88%, which is 129% above median its own 10-year median of 22.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Quimica Y Minera De Chile stock overvalued right now?
Based on GuruFocus' analysis, Sociedad Quimica Y Minera De Chile (SQM) is currently considered Significantly Overvalued. The stock's GF Value™ is $46.57, compared to a current price of $72.95 — trading 56.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 50.88%, which is 129% above median its 10-year median of 22.22 and 441.3% above the Chemicals industry median of 9.40. Sociedad Quimica Y Minera De Chile's overall GF Score™ is 88/100 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 Sociedad Quimica Y Minera De Chile (SQM), the current ROC (Joel Greenblatt) % is 50.88% 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 Sociedad Quimica Y Minera De Chile (SQM) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Quimica Y Minera De Chile stock appears to be overvalued. The current stock price of $72.95 is trading 56.6% above its estimated GF Value™ of $46.57. GuruFocus considers Sociedad Quimica Y Minera De Chile to be Significantly Overvalued.

Key valuation signals for SQM:

  • ROC (Joel Greenblatt) %: 50.88% (129% above median its 10-year median of 22.22)
  • GF Value™: $46.57 vs. price of $72.95 (56.6% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 441.3% above the Chemicals median (#249 of 1604)

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


Sociedad Quimica Y Minera De Chile Business Description

Address El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM also sells lithium concentrate from a joint venture hard rock lithium project in Australia and expanding its lithium refining assets in China.
88GF Score

Get the complete analysis for SQM

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

$72.95
Price
$46.57
GF Value