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Kajaria CeramicsBOM:500233 +1.26%90 ROC (Joel Greenblatt) % is 36.37% as of Jun. 2026, which is 50% above its 10-year median of 24.28. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,339.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,788 Construction companies, Kajaria Ceramics ranks better than 63.14% 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. Kajaria Ceramics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 36.37%.
The historical rank and industry rank for Kajaria Ceramics's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:500233'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.29 Med: 24.28 Max: 30.73
Current: 30.73
During the past 13 years, Kajaria Ceramics's highest ROC (Joel Greenblatt) % was 30.73%. The lowest was 19.29%. And the median was 24.28%.
BOM:500233's ROC (Joel Greenblatt) % is ranked better than 63.14% of 1788
companies
in the Construction industry
Industry Median: 19.305
vs BOM:500233: 30.73
Kajaria Ceramics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.00% 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.
Kajaria Ceramics ROC (Joel Greenblatt) % Related Terms
Kajaria Ceramics ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Kajaria Ceramics'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:500233 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Kajaria Ceramics'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.
Kajaria Ceramics ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Kajaria Ceramics's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kajaria Ceramics'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 (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 36.37% mean?
Kajaria Ceramics (BOM:500233) has a ROC (Joel Greenblatt) % of 36.37% 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 Kajaria Ceramics and its competitors. This is 50% above median its historical median of 24.28. Over the past decade, Kajaria Ceramics' ROC (Joel Greenblatt) % has ranged from 19.29 to 30.73. According to the industry distribution chart, Kajaria Ceramics ranks #659 out of 1788 companies in the Construction industry, placing it in the top 36.9%.
Is Kajaria Ceramics' ROC (Joel Greenblatt) % too high?
Kajaria Ceramics' current ROC (Joel Greenblatt) % of 36.37% is 50% above median its 10-year median of 24.28. Over the past 10 years, this metric has ranged from a low of 19.29 to a high of 30.73. The Construction industry median ROC (Joel Greenblatt) % is 19.31. Kajaria Ceramics' value of 36.37% is 88.4% above this industry median. Based on the distribution chart, Kajaria Ceramics ranks #659 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Kajaria Ceramics ranks #659 out of 1788 companies for ROC (Joel Greenblatt) %. This puts Kajaria Ceramics in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.31. Kajaria Ceramics' value of 36.37% is 88.4% above this benchmark. Historically, Kajaria Ceramics' own ROC (Joel Greenblatt) % has ranged from 19.29 to 30.73 over the past decade. While the company's 10-year median is 24.28 vs. the industry median of 19.31, Kajaria Ceramics 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 19.31, based on 1,788 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. Kajaria Ceramics's current ROC (Joel Greenblatt) % of 36.37% is 88.4% 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 Kajaria Ceramics and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kajaria Ceramics's current ROC (Joel Greenblatt) % is 36.37%, which is 50% above median its own 10-year median of 24.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,339.87, compared to a current price of ₹1,216.20 — trading 9.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 36.37%, which is 50% above median its 10-year median of 24.28 and 88.4% above the Construction industry median of 19.31. Kajaria Ceramics' overall GF Score™ is 90/100 with 4 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 Kajaria Ceramics (BOM:500233), the current ROC (Joel Greenblatt) % is 36.37% 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?
Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued.
The current stock price of ₹1,216.20 is trading 9.2% below its estimated GF Value™ of ₹1,339.87.
GuruFocus considers Kajaria Ceramics to be Fairly Valued.
Key valuation signals for BOM:500233:
ROC (Joel Greenblatt) %: 36.37% (50% above median its 10-year median of 24.28)
GF Value™: ₹1,339.87 vs. price of ₹1,216.20 (9.2% below fair value)
Industry Position: 88.4% above the Construction median (#659 of 1788)
No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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