Tayo Rolls (BOM:504961) ROC (Joel Greenblatt) %: -15.71% (As of Dec. 2024)

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:504961 Tayo Rolls Ltd BOM:504961
4 GF Score
Price ₹89.40
View Full Analysis

What is Tayo Rolls ROC (Joel Greenblatt) %?

Tayo Rolls BOM:504961 4 ROC (Joel Greenblatt) % is -15.71% as of Dec. 2024. GuruFocus rates BOM:504961 with a GF Score™ of 4/100.

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. Tayo Rolls's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -15.71%.

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

BOM:504961's ROC (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 12
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Tayo Rolls's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Tayo Rolls  (BOM:504961) 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.


Tayo Rolls ROC (Joel Greenblatt) % Related Terms


Tayo Rolls ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tayo Rolls'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.

Tayo Rolls ROC (Joel Greenblatt) % Chart

Tayo Rolls Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.68 -10.35 -11.47 -12.84 -14.09

Tayo Rolls Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -14.42 -14.41 -14.13 -15.41 -15.71

BOM:504961 vs CRS, MLI, ATI: ROC (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, Tayo Rolls'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.


Tayo Rolls ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tayo Rolls's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:504961
4GF Score
Tayo Rolls Ltd BOM:504961
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tayo Rolls 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 76.4 + 83.8) - (339.5 + 0 + 966)
=-1145.3

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 76.4 + 84) - (339.5 + 0 + 966)
=-1145.1

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tayo Rolls for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-31.2/( ( (202.5 + max(-1145.3, 0)) + (194.8 + max(-1145.1, 0)) )/ 2 )
=-31.2/( ( 202.5 + 194.8 )/ 2 )
=-31.2/198.65
=-15.71 %

Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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 -15.71% mean?
Tayo Rolls (BOM:504961) has a ROC (Joel Greenblatt) % of -15.71% as of Dec. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tayo Rolls and its competitors.
Is Tayo Rolls' ROC (Joel Greenblatt) % too high?
Tayo Rolls' current ROC (Joel Greenblatt) % is -15.71%. Overall, Tayo Rolls has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Tayo Rolls' ROC (Joel Greenblatt) % compare to CRS and MLI?
Tayo Rolls' ROC (Joel Greenblatt) % of -15.71% can be compared against companies in the Industrial Products industry. The industry median ROC (Joel Greenblatt) % is 12.00. 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.00, based on 3,081 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. 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 Tayo Rolls and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tayo Rolls's current ROC (Joel Greenblatt) % is -15.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tayo Rolls stock overvalued right now?
Tayo Rolls (BOM:504961) has a current ROC (Joel Greenblatt) % of -15.71%. The current ROC (Joel Greenblatt) % is -15.71%. Tayo Rolls' overall GF Score™ is 4/100. 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 Tayo Rolls (BOM:504961), the current ROC (Joel Greenblatt) % is -15.71% as of Dec. 2024. 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.

Tayo Rolls Business Description

Address 3 Circuit House Area (North East), Road No. 11, P.O & P.S - Bistupur, District East Singbhum, Jamshedpur, JH, IND, 831001
Tayo Rolls Ltd is an India based company engaged in the business of production of cast iron and cast steel rolls for metallurgical industries. Its products include Cast Rolls, Forged Rolls, Pig Iron, Forging Quality Ingots and Engineering Forgings.
4GF Score

Get the complete analysis for BOM:504961

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

₹89.40
Price