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Panasonic Carbon India CoBOM:508941 +0.15%71 ROC (Joel Greenblatt) % is 124.63% as of Jun. 2026, which is 25% below its 10-year median of 166.76. GuruFocus rates BOM:508941 with a GF Score™ of 71/100 and a GF Value™ of ₹471.56 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,490 Hardware companies, Panasonic Carbon India Co ranks better than 97.35% 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. Panasonic Carbon India Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 124.63%.
The historical rank and industry rank for Panasonic Carbon India Co's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:508941'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 96.79 Med: 166.76 Max: 226.5
Current: 190.98
During the past 13 years, Panasonic Carbon India Co's highest ROC (Joel Greenblatt) % was 226.50%. The lowest was 96.79%. And the median was 166.76%.
BOM:508941's ROC (Joel Greenblatt) % is ranked better than 97.35% of 2490
companies
in the Hardware industry
Industry Median: 11.655
vs BOM:508941: 190.98
Panasonic Carbon India Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.90% per year.
Panasonic Carbon India Co (BOM:508941) 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.
Panasonic Carbon India Co ROC (Joel Greenblatt) % Related Terms
Panasonic Carbon India Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Panasonic Carbon India 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.
Panasonic Carbon India Co ROC (Joel Greenblatt) % Chart
BOM:508941 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Panasonic Carbon India 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.
Panasonic Carbon India Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Carbon India Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Panasonic Carbon India Co's ROC (Joel Greenblatt) % falls into.
Panasonic Carbon India 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 124.63% mean?
Panasonic Carbon India Co (BOM:508941) has a ROC (Joel Greenblatt) % of 124.63% 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 Panasonic Carbon India Co and its competitors. This is 25% below median its historical median of 166.76. Over the past decade, Panasonic Carbon India Co's ROC (Joel Greenblatt) % has ranged from 96.79 to 226.50. According to the industry distribution chart, Panasonic Carbon India Co ranks #66 out of 2490 companies in the Hardware industry, placing it in the top 2.7%.
Is Panasonic Carbon India Co's ROC (Joel Greenblatt) % too high?
Panasonic Carbon India Co's current ROC (Joel Greenblatt) % of 124.63% is 25% below median its 10-year median of 166.76. Over the past 10 years, this metric has ranged from a low of 96.79 to a high of 226.50. The Hardware industry median ROC (Joel Greenblatt) % is 11.66. Panasonic Carbon India Co's value of 124.63% is 969.3% above this industry median. Based on the distribution chart, Panasonic Carbon India Co ranks #66 out of 2490 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Carbon India Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Carbon India Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Panasonic Carbon India Co ranks #66 out of 2490 companies for ROC (Joel Greenblatt) %. This places Panasonic Carbon India Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.66. Panasonic Carbon India Co's value of 124.63% is 969.3% above this benchmark. Historically, Panasonic Carbon India Co's own ROC (Joel Greenblatt) % has ranged from 96.79 to 226.50 over the past decade. While the company's 10-year median is 166.76 vs. the industry median of 11.66, Panasonic Carbon India 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 11.66, based on 2,490 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. Panasonic Carbon India Co's current ROC (Joel Greenblatt) % of 124.63% is 969.3% 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 Panasonic Carbon India Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Carbon India Co's current ROC (Joel Greenblatt) % is 124.63%, which is 25% below median its own 10-year median of 166.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Carbon India Co stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Carbon India Co (BOM:508941) is currently considered Fairly Valued. The stock's GF Value™ is ₹471.56, compared to a current price of ₹435.35 — trading 7.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 124.63%, which is 25% below median its 10-year median of 166.76 and 969.3% above the Hardware industry median of 11.66. Panasonic Carbon India Co's overall GF Score™ is 71/100 with 2 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 Panasonic Carbon India Co (BOM:508941), the current ROC (Joel Greenblatt) % is 124.63% 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 Panasonic Carbon India Co (BOM:508941) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Carbon India Co stock appears to be undervalued.
The current stock price of ₹435.35 is trading 7.7% below its estimated GF Value™ of ₹471.56.
GuruFocus considers Panasonic Carbon India Co to be Fairly Valued.
Key valuation signals for BOM:508941:
ROC (Joel Greenblatt) %: 124.63% (25% below median its 10-year median of 166.76)
GF Value™: ₹471.56 vs. price of ₹435.35 (7.7% below fair value)
Industry Position: 969.3% above the Hardware median (#66 of 2490)
No single metric tells the full story. See the BOM:508941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Carbon India Co Ltd is engaged in the manufacture of carbon rods/carbon electrodes, which are used as a key component in dry cell batteries, catering to both domestic and export markets, including supplies to Panasonic group companies. Its product is carbon rods. The Company operates a manufacturing facility in Nellore District, Andhra Pradesh, and supplies its products to battery manufacturers in India as well as to overseas customers. Geographically, the Company operates in India and the rest of the world, with India generating maximum revenue.
71GF Score
Get the complete analysis for BOM:508941
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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