Smith & Wesson BrandsSWBI +1.48%63 ROC (Joel Greenblatt) % is 21.91% as of Apr. 2026, which is 46% above its 10-year median of 15.05. GuruFocus rates SWBI with a GF Score™ of 63/100 and a GF Value™ of $13.82 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 354 Aerospace & Defense companies, Smith & Wesson Brands ranks worse than 56.78% 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. Smith & Wesson Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 21.91%.
The historical rank and industry rank for Smith & Wesson Brands's ROC (Joel Greenblatt) % or its related term are showing as below:
SWBI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.86 Med: 15.05 Max: 140
Current: 7.17
During the past 13 years, Smith & Wesson Brands's highest ROC (Joel Greenblatt) % was 140.00%. The lowest was 5.86%. And the median was 15.05%.
SWBI's ROC (Joel Greenblatt) % is ranked worse than 56.78% of 354
companies
in the Aerospace & Defense industry
Industry Median: 10.77
vs SWBI: 7.17
Smith & Wesson Brands's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -49.30% per year.
Smith & Wesson Brands (NAS:SWBI) 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.
Smith & Wesson Brands ROC (Joel Greenblatt) % Related Terms
Smith & Wesson Brands ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Smith & Wesson Brands'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.
Smith & Wesson Brands ROC (Joel Greenblatt) % Chart
SWBI vs SATL, PKE, RGR: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.
Smith & Wesson Brands ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Smith & Wesson Brands's ROC (Joel Greenblatt) % falls into.
Smith & Wesson Brands 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:
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 (Apr. 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 21.91% mean?
Smith & Wesson Brands (SWBI) has a ROC (Joel Greenblatt) % of 21.91% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Smith & Wesson Brands and its competitors. This is 46% above median its historical median of 15.05. Over the past decade, Smith & Wesson Brands' ROC (Joel Greenblatt) % has ranged from 5.86 to 140.00. According to the industry distribution chart, Smith & Wesson Brands ranks #201 out of 354 companies in the Aerospace & Defense industry, placing it in the top 56.8%.
Is Smith & Wesson Brands' ROC (Joel Greenblatt) % too high?
Smith & Wesson Brands' current ROC (Joel Greenblatt) % of 21.91% is 46% above median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 5.86 to a high of 140.00. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.77. Smith & Wesson Brands' value of 21.91% is 103.4% above this industry median. Based on the distribution chart, Smith & Wesson Brands ranks #201 out of 354 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Smith & Wesson Brands has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smith & Wesson Brands' ROC (Joel Greenblatt) % compare to SATL and PKE?
According to the Aerospace & Defense industry distribution chart, Smith & Wesson Brands ranks #201 out of 354 companies for ROC (Joel Greenblatt) %. This places Smith & Wesson Brands in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.77. Smith & Wesson Brands' value of 21.91% is 103.4% above this benchmark. Historically, Smith & Wesson Brands' own ROC (Joel Greenblatt) % has ranged from 5.86 to 140.00 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 10.77, Smith & Wesson Brands 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.77, based on 354 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. Smith & Wesson Brands's current ROC (Joel Greenblatt) % of 21.91% is 103.4% 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 Smith & Wesson Brands and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith & Wesson Brands's current ROC (Joel Greenblatt) % is 21.91%, which is 46% above median its own 10-year median of 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith & Wesson Brands stock overvalued right now?
Based on GuruFocus' analysis, Smith & Wesson Brands (SWBI) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.82, compared to a current price of $15.46 — trading 11.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.91%, which is 46% above median its 10-year median of 15.05 and 103.4% above the Aerospace & Defense industry median of 10.77. Smith & Wesson Brands' overall GF Score™ is 63/100 with 8 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 Smith & Wesson Brands (SWBI), the current ROC (Joel Greenblatt) % is 21.91% as of Apr. 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 Smith & Wesson Brands (SWBI) Overvalued in 2026?
Based on GuruFocus' analysis, Smith & Wesson Brands stock appears to be overvalued.
The current stock price of $15.46 is trading 11.8% above its estimated GF Value™ of $13.82.
GuruFocus considers Smith & Wesson Brands to be Modestly Overvalued.
Key valuation signals for SWBI:
ROC (Joel Greenblatt) %: 21.91% (46% above median its 10-year median of 15.05)
GF Value™: $13.82 vs. price of $15.46 (11.8% above fair value)
Industry Position: 103.4% above the Aerospace & Defense median (#201 of 354)
No single metric tells the full story. See the SWBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smith & Wesson Brands Inc is a U.S.-based company engaged in manufacturing and selling firearms. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The company sells its products under the Smith and Wesson and Gemtech brands, which are used for defense, law enforcement, hunting, and sporting purposes. Geographically, it sells products globally, with maximum income being generated by the U.S. market from its handgun products.
63GF Score
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