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Blue StarBOM:500067 -4.55%85 ROC (Joel Greenblatt) % is 58.16% as of Mar. 2026, which is 4% above its 10-year median of 55.94. GuruFocus rates BOM:500067 with a GF Score™ of 85/100 and a GF Value™ of ₹1,938.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,786 Construction companies, Blue Star ranks better than 70.66% 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. Blue Star's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.16%.
The historical rank and industry rank for Blue Star's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:500067'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 38.71 Med: 55.94 Max: 82.45
Current: 38.71
During the past 13 years, Blue Star's highest ROC (Joel Greenblatt) % was 82.45%. The lowest was 38.71%. And the median was 55.94%.
BOM:500067's ROC (Joel Greenblatt) % is ranked better than 70.66% of 1786
companies
in the Construction industry
Industry Median: 19.47
vs BOM:500067: 38.71
Blue Star's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.70% per year.
Blue Star (BOM:500067) 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.
The historical data trend for Blue Star'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:500067 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Blue Star'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.
Blue Star ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Blue Star's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Blue Star'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 58.16% mean?
Blue Star (BOM:500067) has a ROC (Joel Greenblatt) % of 58.16% 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 Blue Star and its competitors. This is near median its historical median of 55.94. Over the past decade, Blue Star's ROC (Joel Greenblatt) % has ranged from 38.71 to 82.45. According to the industry distribution chart, Blue Star ranks #524 out of 1786 companies in the Construction industry, placing it in the top 29.3%.
Is Blue Star's ROC (Joel Greenblatt) % too high?
Blue Star's current ROC (Joel Greenblatt) % of 58.16% is near median its 10-year median of 55.94. Over the past 10 years, this metric has ranged from a low of 38.71 to a high of 82.45. The Construction industry median ROC (Joel Greenblatt) % is 19.47. Blue Star's value of 58.16% is 198.7% above this industry median. Based on the distribution chart, Blue Star ranks #524 out of 1786 companies in the Construction industry, which is above the industry midpoint. Overall, Blue Star has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Star's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Blue Star ranks #524 out of 1786 companies for ROC (Joel Greenblatt) %. This puts Blue Star in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.47. Blue Star's value of 58.16% is 198.7% above this benchmark. Historically, Blue Star's own ROC (Joel Greenblatt) % has ranged from 38.71 to 82.45 over the past decade. While the company's 10-year median is 55.94 vs. the industry median of 19.47, Blue Star 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.47, based on 1,786 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. Blue Star's current ROC (Joel Greenblatt) % of 58.16% is 198.7% 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 Blue Star and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Star's current ROC (Joel Greenblatt) % is 58.16%, which is near median its own 10-year median of 55.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Star stock overvalued right now?
Based on GuruFocus' analysis, Blue Star (BOM:500067) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,938.68, compared to a current price of ₹1,575.00 — trading 18.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 58.16%, which is near median its 10-year median of 55.94 and 198.7% above the Construction industry median of 19.47. Blue Star's overall GF Score™ is 85/100 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 Blue Star (BOM:500067), the current ROC (Joel Greenblatt) % is 58.16% 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 Blue Star (BOM:500067) Overvalued in 2026?
Based on GuruFocus' analysis, Blue Star stock appears to be undervalued.
The current stock price of ₹1,575.00 is trading 18.8% below its estimated GF Value™ of ₹1,938.68.
GuruFocus considers Blue Star to be Modestly Undervalued.
Key valuation signals for BOM:500067:
ROC (Joel Greenblatt) %: 58.16% (near median its 10-year median of 55.94)
GF Value™: ₹1,938.68 vs. price of ₹1,575.00 (18.8% below fair value)
Industry Position: 198.7% above the Construction median (#524 of 1786)
No single metric tells the full story. See the BOM:500067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blue Star Ltd is an India-based air conditioning and commercial refrigeration company. It serves corporate, commercial, and residential entities. The company's operating segment includes Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products and Professional Electronics and Industrial Systems. It generates maximum revenue from the Electro-Mechanical Projects and Commercial Air-conditioning Systems segment which includes central air-conditioning projects, Electrical Contracting business, and Packaged air-conditioning businesses including manufacturing and after-sales service. Geographically, the company generates a majority of its revenue from its operations in India.
85GF Score
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