SSP GroupSSPPF 81 ROC (Joel Greenblatt) % is 7.62% as of Mar. 2026, which is 47% below its 10-year median of 14.26. GuruFocus rates SSPPF with a GF Score™ of 81/100 and a GF Value™ of $2.23. The stock has 9 warning signs investors should review. Among 361 Restaurants companies, SSP Group ranks worse than 51.25% 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. SSP Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.62%.
The historical rank and industry rank for SSP Group's ROC (Joel Greenblatt) % or its related term are showing as below:
SSPPF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.26 Med: 14.26 Max: 57.32
Current: 8.34
During the past 13 years, SSP Group's highest ROC (Joel Greenblatt) % was 57.32%. The lowest was -34.26%. And the median was 14.26%.
SSPPF's ROC (Joel Greenblatt) % is ranked worse than 51.25% of 361
companies
in the Restaurants industry
Industry Median: 8.73
vs SSPPF: 8.34
SSP Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
SSP Group (OTCPK:SSPPF) 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.
The historical data trend for SSP Group'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.
SSPPF vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, SSP Group'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.
SSP Group ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, SSP Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SSP Group's ROC (Joel Greenblatt) % falls into.
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 (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 7.62% mean?
SSP Group (SSPPF) has a ROC (Joel Greenblatt) % of 7.62% 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 SSP Group and its competitors. This is 47% below median its historical median of 14.26. According to the industry distribution chart, SSP Group ranks #185 out of 361 companies in the Restaurants industry, placing it in the top 51.2%.
Is SSP Group's ROC (Joel Greenblatt) % too high?
SSP Group's current ROC (Joel Greenblatt) % of 7.62% is 47% below median its 10-year median of 14.26. The Restaurants industry median ROC (Joel Greenblatt) % is 8.73. SSP Group's value of 7.62% is 12.7% below this industry median. Based on the distribution chart, SSP Group ranks #185 out of 361 companies in the Restaurants industry, which is below the industry midpoint. Overall, SSP Group has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does SSP Group's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, SSP Group ranks #185 out of 361 companies for ROC (Joel Greenblatt) %. This places SSP Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.73. SSP Group's value of 7.62% is 12.7% below this benchmark. While the company's 10-year median is 14.26 vs. the industry median of 8.73, SSP Group 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.73, based on 361 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. SSP Group's current ROC (Joel Greenblatt) % of 7.62% is 12.7% 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 SSP Group and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSP Group's current ROC (Joel Greenblatt) % is 7.62%, which is 47% below median its own 10-year median of 14.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSP Group stock overvalued right now?
SSP Group (SSPPF) has a current ROC (Joel Greenblatt) % of 7.62%. The stock's GF Value™ is $2.23, compared to a current price of $2.16 — trading 3.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.62%, which is 47% below median its 10-year median of 14.26 and 12.7% below the Restaurants industry median of 8.73. SSP Group's overall GF Score™ is 81/100 with 9 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 SSP Group (SSPPF), the current ROC (Joel Greenblatt) % is 7.62% 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 SSP Group (SSPPF) Overvalued in 2026?
Based on GuruFocus' analysis, SSP Group stock appears to be undervalued.
The current stock price of $2.16 is trading 3.3% below its estimated GF Value™ of $2.23.
Key valuation signals for SSPPF:
ROC (Joel Greenblatt) %: 7.62% (47% below median its 10-year median of 14.26)
GF Value™: $2.23 vs. price of $2.16 (3.3% below fair value)
Industry Position: 12.7% below the Restaurants median (#185 of 361)
No single metric tells the full story. See the SSPPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK and Ireland, Continental Europe, North America, and Asia Pacific and Eastern Europe & Middle East (APAC & EEME).
81GF Score
Get the complete analysis for SSPPF
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
SSPPF has been successfully added to your 
