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Scope Metals GroupXTAE:SCOP -4.51%76 ROC (Joel Greenblatt) % is 17.37% as of Mar. 2026, which is 22% above its 10-year median of 14.24. GuruFocus rates XTAE:SCOP with a GF Score™ of 76/100 and a GF Value™ of ₪159.08 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 158 Industrial Distribution companies, Scope Metals Group ranks better than 51.27% 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. Scope Metals Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.37%.
The historical rank and industry rank for Scope Metals Group's ROC (Joel Greenblatt) % or its related term are showing as below:
XTAE:SCOP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.61 Med: 14.24 Max: 25.44
Current: 15.05
During the past 13 years, Scope Metals Group's highest ROC (Joel Greenblatt) % was 25.44%. The lowest was 10.61%. And the median was 14.24%.
XTAE:SCOP's ROC (Joel Greenblatt) % is ranked better than 51.27% of 158
companies
in the Industrial Distribution industry
Industry Median: 14.645
vs XTAE:SCOP: 15.05
Scope Metals Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.60% per year.
Scope Metals Group (XTAE:SCOP) 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.
Scope Metals Group ROC (Joel Greenblatt) % Related Terms
Scope Metals Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Scope Metals 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.
XTAE:SCOP vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Scope Metals 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.
Scope Metals Group ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Scope Metals Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Scope Metals Group's ROC (Joel Greenblatt) % falls into.
Scope Metals Group 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 (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 17.37% mean?
Scope Metals Group (XTAE:SCOP) has a ROC (Joel Greenblatt) % of 17.37% 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 Scope Metals Group and its competitors. This is 22% above median its historical median of 14.24. Over the past decade, Scope Metals Group's ROC (Joel Greenblatt) % has ranged from 10.61 to 25.44. According to the industry distribution chart, Scope Metals Group ranks #77 out of 158 companies in the Industrial Distribution industry, placing it in the top 48.7%.
Is Scope Metals Group's ROC (Joel Greenblatt) % too high?
Scope Metals Group's current ROC (Joel Greenblatt) % of 17.37% is 22% above median its 10-year median of 14.24. Over the past 10 years, this metric has ranged from a low of 10.61 to a high of 25.44. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.65. Scope Metals Group's value of 17.37% is 18.6% above this industry median. Based on the distribution chart, Scope Metals Group ranks #77 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Scope Metals Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scope Metals Group's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Scope Metals Group ranks #77 out of 158 companies for ROC (Joel Greenblatt) %. This puts Scope Metals Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.65. Scope Metals Group's value of 17.37% is 18.6% above this benchmark. Historically, Scope Metals Group's own ROC (Joel Greenblatt) % has ranged from 10.61 to 25.44 over the past decade. While the company's 10-year median is 14.24 vs. the industry median of 14.65, Scope Metals Group 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 Industrial Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.65, based on 158 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. Scope Metals Group's current ROC (Joel Greenblatt) % of 17.37% is 18.6% 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 Scope Metals Group and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scope Metals Group's current ROC (Joel Greenblatt) % is 17.37%, which is 22% above median its own 10-year median of 14.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scope Metals Group stock overvalued right now?
Based on GuruFocus' analysis, Scope Metals Group (XTAE:SCOP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪159.08, compared to a current price of ₪288.00 — trading 81% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.37%, which is 22% above median its 10-year median of 14.24 and 18.6% above the Industrial Distribution industry median of 14.65. Scope Metals Group's overall GF Score™ is 76/100 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 Scope Metals Group (XTAE:SCOP), the current ROC (Joel Greenblatt) % is 17.37% 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 Scope Metals Group (XTAE:SCOP) Overvalued in 2026?
Based on GuruFocus' analysis, Scope Metals Group stock appears to be overvalued.
The current stock price of ₪288.00 is trading 81% above its estimated GF Value™ of ₪159.08.
GuruFocus considers Scope Metals Group to be Significantly Overvalued.
Key valuation signals for XTAE:SCOP:
ROC (Joel Greenblatt) %: 17.37% (22% above median its 10-year median of 14.24)
GF Value™: ₪159.08 vs. price of ₪288.00 (81% above fair value)
Industry Position: 18.6% above the Industrial Distribution median (#77 of 158)
No single metric tells the full story. See the XTAE:SCOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scope Metals Group Ltd operates as a one-stop shop on a Just-In-Time delivery basis. The company supplies stainless steel, aluminum, magnesium, steel and steel alloys, plastics, nickel alloys, brass, bronze, copper, lead and titanium. It offers its products to different industries from food processing and pharmaceuticals, energy, water, chemicals and petrochemicals, fertilizers, aerospace and aviation, machining, military, elevators and construction, solar energy, infrastructure to microelectronics, high tech and more.
76GF Score
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