Western Bulk Chartering ASWSSTF +33.33%55 ROC (Joel Greenblatt) % is 221.28% as of Dec. 2025, which is 382% above its 10-year median of 45.88. GuruFocus rates WSSTF with a GF Score™ of 55/100 and a GF Value™ of $1.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 996 Transportation companies, Western Bulk Chartering AS ranks better than 93.37% 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. Western Bulk Chartering AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 221.28%.
The historical rank and industry rank for Western Bulk Chartering AS's ROC (Joel Greenblatt) % or its related term are showing as below:
WSSTF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -359.68 Med: 45.88 Max: 19210.12
Current: 76.18
During the past 8 years, Western Bulk Chartering AS's highest ROC (Joel Greenblatt) % was 19210.12%. The lowest was -359.68%. And the median was 45.88%.
WSSTF's ROC (Joel Greenblatt) % is ranked better than 93.37% of 996
companies
in the Transportation industry
Industry Median: 11.695
vs WSSTF: 76.18
Western Bulk Chartering AS (OTCPK:WSSTF) 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.
* 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.
Western Bulk Chartering AS ROC (Joel Greenblatt) % Chart
Western Bulk Chartering AS ROC (Joel Greenblatt) % Competitor Comparison
For the Marine Shipping subindustry, Western Bulk Chartering AS'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.
Western Bulk Chartering AS ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Western Bulk Chartering AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Western Bulk Chartering AS's ROC (Joel Greenblatt) % falls into.
Western Bulk Chartering AS 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 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 221.28% mean?
Western Bulk Chartering AS (WSSTF) has a ROC (Joel Greenblatt) % of 221.28% 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 Western Bulk Chartering AS and its competitors. This is 382% above median its historical median of 45.88. According to the industry distribution chart, Western Bulk Chartering AS ranks #66 out of 996 companies in the Transportation industry, placing it in the top 6.6%.
Is Western Bulk Chartering AS's ROC (Joel Greenblatt) % too high?
Western Bulk Chartering AS's current ROC (Joel Greenblatt) % of 221.28% is 382% above median its 10-year median of 45.88. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. Western Bulk Chartering AS's value of 221.28% is 1792.1% above this industry median. Based on the distribution chart, Western Bulk Chartering AS ranks #66 out of 996 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Western Bulk Chartering AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Bulk Chartering AS's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Western Bulk Chartering AS ranks #66 out of 996 companies for ROC (Joel Greenblatt) %. This places Western Bulk Chartering AS in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. Western Bulk Chartering AS's value of 221.28% is 1792.1% above this benchmark. While the company's 10-year median is 45.88 vs. the industry median of 11.70, Western Bulk Chartering AS 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 996 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. Western Bulk Chartering AS's current ROC (Joel Greenblatt) % of 221.28% is 1792.1% 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 Western Bulk Chartering AS and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Bulk Chartering AS's current ROC (Joel Greenblatt) % is 221.28%, which is 382% above median its own 10-year median of 45.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Bulk Chartering AS stock overvalued right now?
Based on GuruFocus' analysis, Western Bulk Chartering AS (WSSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.61, compared to a current price of $2.20 — trading 36.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 221.28%, which is 382% above median its 10-year median of 45.88 and 1792.1% above the Transportation industry median of 11.70. Western Bulk Chartering AS's overall GF Score™ is 55/100 with 7 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 Western Bulk Chartering AS (WSSTF), the current ROC (Joel Greenblatt) % is 221.28% 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 Western Bulk Chartering AS (WSSTF) Overvalued in 2026?
Based on GuruFocus' analysis, Western Bulk Chartering AS stock appears to be overvalued.
The current stock price of $2.20 is trading 36.6% above its estimated GF Value™ of $1.61.
GuruFocus considers Western Bulk Chartering AS to be Significantly Overvalued.
Key valuation signals for WSSTF:
ROC (Joel Greenblatt) %: 221.28% (382% above median its 10-year median of 45.88)
GF Value™: $1.61 vs. price of $2.20 (36.6% above fair value)
Industry Position: 1792.1% above the Transportation median (#66 of 996)
No single metric tells the full story. See the WSSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodities include coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East. The majority of revenue is from the Far East.
55GF Score
Get the complete analysis for WSSTF
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
WSSTF has been successfully added to your 
