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.
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.
Indian Hume Pipe CoBOM:504741 +7.28%82 ROC (Joel Greenblatt) % is 29.03% as of Jun. 2026, which is 48% below its 10-year median of 55.45. GuruFocus rates BOM:504741 with a GF Score™ of 82/100 and a GF Value™ of ₹334.72 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,787 Construction companies, Indian Hume Pipe Co ranks better than 60.32% 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. Indian Hume Pipe Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 29.03%.
The historical rank and industry rank for Indian Hume Pipe Co's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:504741'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.44 Med: 55.45 Max: 163.76
Current: 28.44
During the past 13 years, Indian Hume Pipe Co's highest ROC (Joel Greenblatt) % was 163.76%. The lowest was 28.44%. And the median was 55.45%.
BOM:504741's ROC (Joel Greenblatt) % is ranked better than 60.32% of 1787
companies
in the Construction industry
Industry Median: 19.65
vs BOM:504741: 28.44
Indian Hume Pipe Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.30% per year.
Indian Hume Pipe Co (BOM:504741) 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.
Indian Hume Pipe Co ROC (Joel Greenblatt) % Related Terms
Indian Hume Pipe Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Indian Hume Pipe Co'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:504741 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Indian Hume Pipe 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.
Indian Hume Pipe Co ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Indian Hume Pipe Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Indian Hume Pipe Co's ROC (Joel Greenblatt) % falls into.
Indian Hume Pipe 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 29.03% mean?
Indian Hume Pipe Co (BOM:504741) has a ROC (Joel Greenblatt) % of 29.03% 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 Indian Hume Pipe Co and its competitors. This is 48% below median its historical median of 55.45. Over the past decade, Indian Hume Pipe Co's ROC (Joel Greenblatt) % has ranged from 28.44 to 163.76. According to the industry distribution chart, Indian Hume Pipe Co ranks #709 out of 1787 companies in the Construction industry, placing it in the top 39.7%.
Is Indian Hume Pipe Co's ROC (Joel Greenblatt) % too high?
Indian Hume Pipe Co's current ROC (Joel Greenblatt) % of 29.03% is 48% below median its 10-year median of 55.45. Over the past 10 years, this metric has ranged from a low of 28.44 to a high of 163.76. The Construction industry median ROC (Joel Greenblatt) % is 19.65. Indian Hume Pipe Co's value of 29.03% is 47.7% above this industry median. Based on the distribution chart, Indian Hume Pipe Co ranks #709 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, Indian Hume Pipe Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Hume Pipe Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Indian Hume Pipe Co ranks #709 out of 1787 companies for ROC (Joel Greenblatt) %. This puts Indian Hume Pipe Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.65. Indian Hume Pipe Co's value of 29.03% is 47.7% above this benchmark. Historically, Indian Hume Pipe Co's own ROC (Joel Greenblatt) % has ranged from 28.44 to 163.76 over the past decade. While the company's 10-year median is 55.45 vs. the industry median of 19.65, Indian Hume Pipe Co 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 19.65, based on 1,787 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. Indian Hume Pipe Co's current ROC (Joel Greenblatt) % of 29.03% is 47.7% 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 Indian Hume Pipe Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Hume Pipe Co's current ROC (Joel Greenblatt) % is 29.03%, which is 48% below median its own 10-year median of 55.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Hume Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Hume Pipe Co (BOM:504741) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹334.72, compared to a current price of ₹395.05 — trading 18% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.03%, which is 48% below median its 10-year median of 55.45 and 47.7% above the Construction industry median of 19.65. Indian Hume Pipe Co's overall GF Score™ is 82/100 with 8 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 Indian Hume Pipe Co (BOM:504741), the current ROC (Joel Greenblatt) % is 29.03% 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 Indian Hume Pipe Co (BOM:504741) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Hume Pipe Co stock appears to be overvalued.
The current stock price of ₹395.05 is trading 18% above its estimated GF Value™ of ₹334.72.
GuruFocus considers Indian Hume Pipe Co to be Modestly Overvalued.
Key valuation signals for BOM:504741:
ROC (Joel Greenblatt) %: 29.03% (48% below median its 10-year median of 55.45)
GF Value™: ₹334.72 vs. price of ₹395.05 (18% above fair value)
Industry Position: 47.7% above the Construction median (#709 of 1787)
No single metric tells the full story. See the BOM:504741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Hume Pipe Co Ltd manufactures and markets Hume Pipes and allied products. The company is engaged in the business of manufacturing, laying, and jointing pipelines. The company also undertakes infrastructure development programs by way of execution on a turnkey basis for the combined water supply projects. The company also manufactures and supplies Concrete Railway Sleepers to Indian Railways. The segments of the company are Construction and Land Development. The company generates maximum revenue from the Construction segment.
82GF Score
Get the complete analysis for BOM:504741
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:504741 has been successfully added to your 
