Sasol (SSL) ROC (Joel Greenblatt) %: 6.15% (As of Dec. 2025) — 22% Below Median


SSL Sasol Ltd SSL
62 GF Score
Price $10.08
GF Value $8.40
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Sasol ROC (Joel Greenblatt) %?

Sasol SSL -4.05% 62 ROC (Joel Greenblatt) % is 6.15% as of Dec. 2025, which is 22% below its 10-year median of 7.92. GuruFocus rates SSL with a GF Score™ of 62/100 and a GF Value™ of $8.40 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,611 Chemicals companies, Sasol ranks worse than 52.76% 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. Sasol's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.15%.

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

SSL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31.94   Med: 7.92   Max: 26.61
Current: 8.53

During the past 13 years, Sasol's highest ROC (Joel Greenblatt) % was 26.61%. The lowest was -31.94%. And the median was 7.92%.

SSL's ROC (Joel Greenblatt) % is ranked worse than
52.76% of 1611 companies
in the Chemicals industry
Industry Median: 9.38 vs SSL: 8.53

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


Sasol  (NYSE:SSL) 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.


Sasol ROC (Joel Greenblatt) % Related Terms


Sasol ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sasol'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.

Sasol ROC (Joel Greenblatt) % Chart

Sasol Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 24.97 8.73 -10.97 11.45

Sasol Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Jun24 Dec24 Jun25 Dec25
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 -1.14 0.00 11.40 11.23 6.15

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

For the Specialty Chemicals subindustry, Sasol'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.


Sasol ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sasol's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SSL
62GF Score
Sasol Ltd SSL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sasol 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1704.284 + 2345.313 + 2.9739999999993) - (2696.27 + 35.073 + 214.537)
=1106.691

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2247.174 + 2438.706 + 2.2579999999998) - (2411.675 + 30.001 + 212.681)
=2033.781

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sasol for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=682.718/( ( (9532.935 + max(1106.691, 0)) + (9546.359 + max(2033.781, 0)) )/ 2 )
=682.718/( ( 10639.626 + 11580.14 )/ 2 )
=682.718/11109.883
=6.15 %

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 6.15% mean?
Sasol (SSL) has a ROC (Joel Greenblatt) % of 6.15% 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 Sasol and its competitors. This is 22% below median its historical median of 7.92. According to the industry distribution chart, Sasol ranks #850 out of 1611 companies in the Chemicals industry, placing it in the top 52.8%.
Is Sasol's ROC (Joel Greenblatt) % too high?
Sasol's current ROC (Joel Greenblatt) % of 6.15% is 22% below median its 10-year median of 7.92. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. Sasol's value of 6.15% is 34.4% below this industry median. Based on the distribution chart, Sasol ranks #850 out of 1611 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sasol has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sasol's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sasol ranks #850 out of 1611 companies for ROC (Joel Greenblatt) %. This places Sasol in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.38. Sasol's value of 6.15% is 34.4% below this benchmark. While the company's 10-year median is 7.92 vs. the industry median of 9.38, Sasol has consistently been below 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 9.38, based on 1,611 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. Sasol's current ROC (Joel Greenblatt) % of 6.15% is 34.4% below 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 Sasol and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sasol's current ROC (Joel Greenblatt) % is 6.15%, which is 22% below median its own 10-year median of 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sasol stock overvalued right now?
Based on GuruFocus' analysis, Sasol (SSL) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.40, compared to a current price of $10.08 — trading 19.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.15%, which is 22% below median its 10-year median of 7.92 and 34.4% below the Chemicals industry median of 9.38. Sasol's overall GF Score™ is 62/100 with 2 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 Sasol (SSL), the current ROC (Joel Greenblatt) % is 6.15% 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 Sasol (SSL) Overvalued in 2026?

Based on GuruFocus' analysis, Sasol stock appears to be overvalued. The current stock price of $10.08 is trading 19.9% above its estimated GF Value™ of $8.40. GuruFocus considers Sasol to be Modestly Overvalued.

Key valuation signals for SSL:

  • ROC (Joel Greenblatt) %: 6.15% (22% below median its 10-year median of 7.92)
  • GF Value™: $8.40 vs. price of $10.08 (19.9% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 34.4% below the Chemicals median (#850 of 1611)

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


Sasol Business Description

Address 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196
Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main businesses: the Southern Africa Energy & Chemicals business and the International Chemical business. It generates maximum revenue from the Southern Africa Energy & Chemicals business, which operates integrated value chains with feedstock sourced from the Mining and Gas operating segments. Geographically, the company generates the majority of its revenue from South Africa.
62GF Score

Get the complete analysis for SSL

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

$10.08
Price
$8.40
GF Value