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Strattec SecuritySTRT +0.32%71 ROC (Joel Greenblatt) % is 14.64% as of Mar. 2026, which is 33% above its 10-year median of 11.03. GuruFocus rates STRT with a GF Score™ of 71/100 and a GF Value™ of $39.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Strattec Security ranks better than 76.05% 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. Strattec Security's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.64%.
The historical rank and industry rank for Strattec Security's ROC (Joel Greenblatt) % or its related term are showing as below:
STRT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.1 Med: 11.03 Max: 23.51
Current: 23.51
During the past 13 years, Strattec Security's highest ROC (Joel Greenblatt) % was 23.51%. The lowest was -10.10%. And the median was 11.03%.
STRT's ROC (Joel Greenblatt) % is ranked better than 76.05% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.16
vs STRT: 23.51
Strattec Security's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Strattec Security ROC (Joel Greenblatt) % Related Terms
Strattec Security ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Strattec Security'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.
STRT vs ECX, SCTH, HLLY: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Strattec Security'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.
Strattec Security ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Strattec Security's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Strattec Security'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 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 14.64% mean?
Strattec Security (STRT) has a ROC (Joel Greenblatt) % of 14.64% 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 Strattec Security and its competitors. This is 33% above median its historical median of 11.03. According to the industry distribution chart, Strattec Security ranks #319 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 23.9%.
Is Strattec Security's ROC (Joel Greenblatt) % too high?
Strattec Security's current ROC (Joel Greenblatt) % of 14.64% is 33% above median its 10-year median of 11.03. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.16. Strattec Security's value of 14.64% is 20.4% above this industry median. Based on the distribution chart, Strattec Security ranks #319 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Strattec Security has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Strattec Security's ROC (Joel Greenblatt) % compare to ECX and SCTH?
According to the Vehicles & Parts industry distribution chart, Strattec Security ranks #319 out of 1332 companies for ROC (Joel Greenblatt) %. This places Strattec Security in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.16. Strattec Security's value of 14.64% is 20.4% above this benchmark. While the company's 10-year median is 11.03 vs. the industry median of 12.16, Strattec Security 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.16, based on 1,332 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. Strattec Security's current ROC (Joel Greenblatt) % of 14.64% is 20.4% 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 Strattec Security and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strattec Security's current ROC (Joel Greenblatt) % is 14.64%, which is 33% above median its own 10-year median of 11.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strattec Security stock overvalued right now?
Based on GuruFocus' analysis, Strattec Security (STRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $39.28, compared to a current price of $83.15 — trading 111.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.64%, which is 33% above median its 10-year median of 11.03 and 20.4% above the Vehicles & Parts industry median of 12.16. Strattec Security's overall GF Score™ is 71/100 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 Strattec Security (STRT), the current ROC (Joel Greenblatt) % is 14.64% 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 Strattec Security (STRT) Overvalued in 2026?
Based on GuruFocus' analysis, Strattec Security stock appears to be overvalued.
The current stock price of $83.15 is trading 111.7% above its estimated GF Value™ of $39.28.
GuruFocus considers Strattec Security to be Significantly Overvalued.
Key valuation signals for STRT:
ROC (Joel Greenblatt) %: 14.64% (33% above median its 10-year median of 11.03)
GF Value™: $39.28 vs. price of $83.15 (111.7% above fair value)
Industry Position: 20.4% above the Vehicles & Parts median (#319 of 1332)
No single metric tells the full story. See the STRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Strattec Security Corp designs develops, manufactures, and markets mechanical locks, electronically enhanced locks, and keys. It also produces ignition lock housings; and access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea, and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.
71GF Score
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