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Hindustan Oil Exploration CoBOM:500186 +0.43%69 ROC (Joel Greenblatt) % is 2.55% as of Jun. 2026, which is 83% below its 10-year median of 15.40. GuruFocus rates BOM:500186 with a GF Score™ of 69/100 and a GF Value™ of ₹82.01 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,003 Oil & Gas companies, Hindustan Oil Exploration Co ranks worse than 65.5% 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. Hindustan Oil Exploration Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.55%.
The historical rank and industry rank for Hindustan Oil Exploration Co's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:500186'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.64 Med: 15.4 Max: 42.64
Current: 2.77
During the past 13 years, Hindustan Oil Exploration Co's highest ROC (Joel Greenblatt) % was 42.64%. The lowest was 2.64%. And the median was 15.40%.
BOM:500186's ROC (Joel Greenblatt) % is ranked worse than 65.5% of 1003
companies
in the Oil & Gas industry
Industry Median: 9.9
vs BOM:500186: 2.77
Hindustan Oil Exploration Co (BOM:500186) 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.
Hindustan Oil Exploration Co ROC (Joel Greenblatt) % Chart
BOM:500186 vs COP, EOG, OXY: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas E&P subindustry, Hindustan Oil Exploration Co'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.
Hindustan Oil Exploration Co ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hindustan Oil Exploration Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hindustan Oil Exploration Co's ROC (Joel Greenblatt) % falls into.
Hindustan Oil Exploration Co 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 (Jun. 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 2.55% mean?
Hindustan Oil Exploration Co (BOM:500186) has a ROC (Joel Greenblatt) % of 2.55% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hindustan Oil Exploration Co and its competitors. This is 83% below median its historical median of 15.40. Over the past decade, Hindustan Oil Exploration Co's ROC (Joel Greenblatt) % has ranged from 2.64 to 42.64. According to the industry distribution chart, Hindustan Oil Exploration Co ranks #657 out of 1003 companies in the Oil & Gas industry, placing it in the top 65.5%.
Is Hindustan Oil Exploration Co's ROC (Joel Greenblatt) % too high?
Hindustan Oil Exploration Co's current ROC (Joel Greenblatt) % of 2.55% is 83% below median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 42.64. The Oil & Gas industry median ROC (Joel Greenblatt) % is 9.90. Hindustan Oil Exploration Co's value of 2.55% is 74.2% below this industry median. Based on the distribution chart, Hindustan Oil Exploration Co ranks #657 out of 1003 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hindustan Oil Exploration Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Oil Exploration Co's ROC (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Hindustan Oil Exploration Co ranks #657 out of 1003 companies for ROC (Joel Greenblatt) %. This places Hindustan Oil Exploration Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.90. Hindustan Oil Exploration Co's value of 2.55% is 74.2% below this benchmark. Historically, Hindustan Oil Exploration Co's own ROC (Joel Greenblatt) % has ranged from 2.64 to 42.64 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 9.90, Hindustan Oil Exploration Co has consistently been below 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 9.90, based on 1,003 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. Hindustan Oil Exploration Co's current ROC (Joel Greenblatt) % of 2.55% is 74.2% below 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 Hindustan Oil Exploration Co and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Oil Exploration Co's current ROC (Joel Greenblatt) % is 2.55%, which is 83% below median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Oil Exploration Co stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Oil Exploration Co (BOM:500186) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹82.01, compared to a current price of ₹185.25 — trading 125.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 2.55%, which is 83% below median its 10-year median of 15.40 and 74.2% below the Oil & Gas industry median of 9.90. Hindustan Oil Exploration Co's overall GF Score™ is 69/100 with 10 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 Hindustan Oil Exploration Co (BOM:500186), the current ROC (Joel Greenblatt) % is 2.55% as of Jun. 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 Hindustan Oil Exploration Co (BOM:500186) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Oil Exploration Co stock appears to be overvalued.
The current stock price of ₹185.25 is trading 125.9% above its estimated GF Value™ of ₹82.01.
GuruFocus considers Hindustan Oil Exploration Co to be Significantly Overvalued.
Key valuation signals for BOM:500186:
ROC (Joel Greenblatt) %: 2.55% (83% below median its 10-year median of 15.40)
GF Value™: ₹82.01 vs. price of ₹185.25 (125.9% above fair value)
Industry Position: 74.2% below the Oil & Gas median (#657 of 1003)
No single metric tells the full story. See the BOM:500186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Oil Exploration Co Ltd is engaged in the exploration, development, and production of crude oil and natural gas in India. Its business falls under the reportable segment of Oil and Gas. The group derives revenue from the sale of its products which includes Crude oil, Condensate and Natural gas. Key revenue is derived from the sale of natural gas. Geographically, the group's operations are principally carried in India.
69GF Score
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