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Banco Products (India)BOM:500039 +0.40%74 ROC (Joel Greenblatt) % is 34.82% as of Mar. 2026, which is 40% above its 10-year median of 24.94. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹500.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,331 Vehicles & Parts companies, Banco Products (India) ranks better than 84.45% 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. Banco Products (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.82%.
The historical rank and industry rank for Banco Products (India)'s ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:500039'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.56 Med: 24.94 Max: 33.38
Current: 31.95
During the past 13 years, Banco Products (India)'s highest ROC (Joel Greenblatt) % was 33.38%. The lowest was 15.56%. And the median was 24.94%.
BOM:500039's ROC (Joel Greenblatt) % is ranked better than 84.45% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 12.14
vs BOM:500039: 31.95
Banco Products (India)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.80% 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.
Banco Products (India) ROC (Joel Greenblatt) % Related Terms
Banco Products (India) ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Banco Products (India)'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.
BOM:500039 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Banco Products (India)'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.
Banco Products (India) ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Banco Products (India)'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 34.82% mean?
Banco Products (India) (BOM:500039) has a ROC (Joel Greenblatt) % of 34.82% 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 Banco Products (India) and its competitors. This is 40% above median its historical median of 24.94. Over the past decade, Banco Products (India)'s ROC (Joel Greenblatt) % has ranged from 15.56 to 33.38. According to the industry distribution chart, Banco Products (India) ranks #207 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 15.6%.
Is Banco Products (India)'s ROC (Joel Greenblatt) % too high?
Banco Products (India)'s current ROC (Joel Greenblatt) % of 34.82% is 40% above median its 10-year median of 24.94. Over the past 10 years, this metric has ranged from a low of 15.56 to a high of 33.38. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.14. Banco Products (India)'s value of 34.82% is 186.8% above this industry median. Based on the distribution chart, Banco Products (India) ranks #207 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Products (India) has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #207 out of 1331 companies for ROC (Joel Greenblatt) %. This places Banco Products (India) in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.14. Banco Products (India)'s value of 34.82% is 186.8% above this benchmark. Historically, Banco Products (India)'s own ROC (Joel Greenblatt) % has ranged from 15.56 to 33.38 over the past decade. While the company's 10-year median is 24.94 vs. the industry median of 12.14, Banco Products (India) 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 12.14, based on 1,331 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. Banco Products (India)'s current ROC (Joel Greenblatt) % of 34.82% is 186.8% 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 Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current ROC (Joel Greenblatt) % is 34.82%, which is 40% above median its own 10-year median of 24.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹500.07, compared to a current price of ₹685.95 — trading 37.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 34.82%, which is 40% above median its 10-year median of 24.94 and 186.8% above the Vehicles & Parts industry median of 12.14. Banco Products (India)'s overall GF Score™ is 74/100 with 1 warning sign 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 Banco Products (India) (BOM:500039), the current ROC (Joel Greenblatt) % is 34.82% 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 Banco Products (India) (BOM:500039) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued.
The current stock price of ₹685.95 is trading 37.2% above its estimated GF Value™ of ₹500.07.
GuruFocus considers Banco Products (India) to be Significantly Overvalued.
Key valuation signals for BOM:500039:
ROC (Joel Greenblatt) %: 34.82% (40% above median its 10-year median of 24.94)
GF Value™: ₹500.07 vs. price of ₹685.95 (37.2% above fair value)
Industry Position: 186.8% above the Vehicles & Parts median (#207 of 1331)
No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
74GF Score
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