Harrisons Malayalam (BOM:500467) ROC (Joel Greenblatt) %: 7.26% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500467 Harrisons Malayalam Ltd BOM:500467
62 GF Score
Price ₹191.80
GF Value ₹221.00
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Harrisons Malayalam ROC (Joel Greenblatt) %?

Harrisons Malayalam BOM:500467 -2.89% 62 ROC (Joel Greenblatt) % is 7.26% as of Jun. 2026, which is 8% below its 10-year median of 7.92. GuruFocus rates BOM:500467 with a GF Score™ of 62/100 and a GF Value™ of ₹221.00 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Harrisons Malayalam ranks worse than 55.31% 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. Harrisons Malayalam's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.26%.

The historical rank and industry rank for Harrisons Malayalam's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:500467' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.66   Med: 7.92   Max: 17.7
Current: 10.11

During the past 13 years, Harrisons Malayalam's highest ROC (Joel Greenblatt) % was 17.70%. The lowest was -3.66%. And the median was 7.92%.

BOM:500467's ROC (Joel Greenblatt) % is ranked worse than
55.31% of 1987 companies
in the Consumer Packaged Goods industry
Industry Median: 12.02 vs BOM:500467: 10.11

Harrisons Malayalam's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.40% per year.


Harrisons Malayalam  (BOM:500467) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Harrisons Malayalam ROC (Joel Greenblatt) % Related Terms


Harrisons Malayalam ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Harrisons Malayalam'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.

Harrisons Malayalam ROC (Joel Greenblatt) % Chart

Harrisons Malayalam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.82 8.84 1.50 7.43 10.66

Harrisons Malayalam Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.82 9.59 10.89 12.30 7.26

BOM:500467 vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Harrisons Malayalam'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.


Harrisons Malayalam ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Harrisons Malayalam's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Harrisons Malayalam's ROC (Joel Greenblatt) % falls into.


BOM:500467
62GF Score
Harrisons Malayalam Ltd BOM:500467
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harrisons Malayalam 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(151.599 + 457.411 + 291.341) - (614.662 + 0 + 1067.472)
=-781.783

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Harrisons Malayalam for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=290.28/( ( (3999.244 + max(-781.783, 0)) + (0 + max(0, 0)) )/ 1 )
=290.28/( ( 3999.244 + 0 )/ 1 )
=290.28/3999.244
=7.26 %

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 7.26% mean?
Harrisons Malayalam (BOM:500467) has a ROC (Joel Greenblatt) % of 7.26% 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 Harrisons Malayalam and its competitors. This is near median its historical median of 7.92. According to the industry distribution chart, Harrisons Malayalam ranks #1099 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 55.3%.
Is Harrisons Malayalam's ROC (Joel Greenblatt) % too high?
Harrisons Malayalam's current ROC (Joel Greenblatt) % of 7.26% is near median its 10-year median of 7.92. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.02. Harrisons Malayalam's value of 7.26% is 39.6% below this industry median. Based on the distribution chart, Harrisons Malayalam ranks #1099 out of 1987 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Harrisons Malayalam has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Malayalam's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Harrisons Malayalam ranks #1099 out of 1987 companies for ROC (Joel Greenblatt) %. This places Harrisons Malayalam in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. Harrisons Malayalam's value of 7.26% is 39.6% below this benchmark. While the company's 10-year median is 7.92 vs. the industry median of 12.02, Harrisons Malayalam 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 a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.02, based on 1,987 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. Harrisons Malayalam's current ROC (Joel Greenblatt) % of 7.26% is 39.6% 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 Harrisons Malayalam and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrisons Malayalam's current ROC (Joel Greenblatt) % is 7.26%, which is near median its own 10-year median of 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Malayalam stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Malayalam (BOM:500467) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹221.00, compared to a current price of ₹191.80 — trading 13.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.26%, which is near median its 10-year median of 7.92 and 39.6% below the Consumer Packaged Goods industry median of 12.02. Harrisons Malayalam's overall GF Score™ is 62/100 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 Harrisons Malayalam (BOM:500467), the current ROC (Joel Greenblatt) % is 7.26% 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 Harrisons Malayalam (BOM:500467) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Malayalam stock appears to be undervalued. The current stock price of ₹191.80 is trading 13.2% below its estimated GF Value™ of ₹221.00. GuruFocus considers Harrisons Malayalam to be Modestly Undervalued.

Key valuation signals for BOM:500467:

  • ROC (Joel Greenblatt) %: 7.26% (near median its 10-year median of 7.92)
  • GF Value™: ₹221.00 vs. price of ₹191.80 (13.2% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 39.6% below the Consumer Packaged Goods median (#1099 of 1987)

No single metric tells the full story. See the BOM:500467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harrisons Malayalam Business Description

Other Exchanges HARRMALAYA:India
Address 24/1624, Bristow Road, Willingdon Island, Cochin, KL, IND, 682003
Harrisons Malayalam Ltd is the oldest integrated agricultural company in South India with a legacy spanning over a century. The company operates through three main segments namely Tea, Rubber, and Others. It is a pioneer in corporate farming and cultivates a diverse range of crops including rubber, tea, pineapple, and various exotic horticultural products such as spices and coffee. The company operates extensive plantations and processing units across Kerala, Tamil Nadu, and Karnataka and is known for producing high-quality tea and natural rubber. It maintains a dominant presence in both domestic and international markets.
62GF Score

Get the complete analysis for BOM:500467

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹191.80
Price
₹221.00
GF Value