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Arihant Capital MarketsBOM:511605 -0.18%61 ROC (Joel Greenblatt) % is 515.10% as of Jun. 2026, which is 1070% above its 10-year median of 44.02. GuruFocus rates BOM:511605 with a GF Score™ of 61/100 and a GF Value™ of ₹92.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 680 Capital Markets companies, Arihant Capital Markets ranks better than 62.21% 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. Arihant Capital Markets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 515.10%.
The historical rank and industry rank for Arihant Capital Markets's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:511605'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.95 Med: 44.02 Max: 90
Current: 90
During the past 13 years, Arihant Capital Markets's highest ROC (Joel Greenblatt) % was 90.00%. The lowest was 21.95%. And the median was 44.02%.
BOM:511605's ROC (Joel Greenblatt) % is ranked better than 62.21% of 680
companies
in the Capital Markets industry
Industry Median: 34.285
vs BOM:511605: 90.00
Arihant Capital Markets's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.60% per year.
Arihant Capital Markets (BOM:511605) 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.
Arihant Capital Markets ROC (Joel Greenblatt) % Related Terms
Arihant Capital Markets ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Arihant Capital Markets'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.
Arihant Capital Markets ROC (Joel Greenblatt) % Chart
BOM:511605 vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Arihant Capital Markets'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.
Arihant Capital Markets ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Arihant Capital Markets's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Arihant Capital Markets's ROC (Joel Greenblatt) % falls into.
Arihant Capital Markets 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 515.10% mean?
Arihant Capital Markets (BOM:511605) has a ROC (Joel Greenblatt) % of 515.10% 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 Arihant Capital Markets and its competitors. This is 1070% above median its historical median of 44.02. Over the past decade, Arihant Capital Markets' ROC (Joel Greenblatt) % has ranged from 21.95 to 90.00. According to the industry distribution chart, Arihant Capital Markets ranks #257 out of 680 companies in the Capital Markets industry, placing it in the top 37.8%.
Is Arihant Capital Markets' ROC (Joel Greenblatt) % too high?
Arihant Capital Markets' current ROC (Joel Greenblatt) % of 515.10% is 1070% above median its 10-year median of 44.02. Over the past 10 years, this metric has ranged from a low of 21.95 to a high of 90.00. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.29. Arihant Capital Markets' value of 515.10% is 1402.4% above this industry median. Based on the distribution chart, Arihant Capital Markets ranks #257 out of 680 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Arihant Capital Markets has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arihant Capital Markets' ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Arihant Capital Markets ranks #257 out of 680 companies for ROC (Joel Greenblatt) %. This puts Arihant Capital Markets in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 34.29. Arihant Capital Markets' value of 515.10% is 1402.4% above this benchmark. Historically, Arihant Capital Markets' own ROC (Joel Greenblatt) % has ranged from 21.95 to 90.00 over the past decade. While the company's 10-year median is 44.02 vs. the industry median of 34.29, Arihant Capital Markets 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.29, based on 680 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. Arihant Capital Markets's current ROC (Joel Greenblatt) % of 515.10% is 1402.4% 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 Arihant Capital Markets and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arihant Capital Markets's current ROC (Joel Greenblatt) % is 515.10%, which is 1070% above median its own 10-year median of 44.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arihant Capital Markets stock overvalued right now?
Based on GuruFocus' analysis, Arihant Capital Markets (BOM:511605) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.90, compared to a current price of ₹77.50 — trading 16.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 515.10%, which is 1070% above median its 10-year median of 44.02 and 1402.4% above the Capital Markets industry median of 34.29. Arihant Capital Markets' overall GF Score™ is 61/100 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 Arihant Capital Markets (BOM:511605), the current ROC (Joel Greenblatt) % is 515.10% 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 Arihant Capital Markets (BOM:511605) Overvalued in 2026?
Based on GuruFocus' analysis, Arihant Capital Markets stock appears to be undervalued.
The current stock price of ₹77.50 is trading 16.6% below its estimated GF Value™ of ₹92.90.
GuruFocus considers Arihant Capital Markets to be Modestly Undervalued.
Key valuation signals for BOM:511605:
ROC (Joel Greenblatt) %: 515.10% (1070% above median its 10-year median of 44.02)
GF Value™: ₹92.90 vs. price of ₹77.50 (16.6% below fair value)
Industry Position: 1402.4% above the Capital Markets median (#257 of 680)
No single metric tells the full story. See the BOM:511605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arihant Capital Markets Ltd is a holding company that is engaged in the provision of financial services. The company provides products and services, including equities, commodities, currency, financial planning, depository services, priority client group services (PCG), merchant banking, and investment banking services to a substantial and diversified clientele that includes individuals, corporations, and financial institutions. It also offers online and mobile trading, algorithmic trading, depository, and real estate services, as well as provides stock lending and borrowing, investment and trading Webinars, insurance, and RGESS services. Geographically, all the operations were conducted throughout the region of India.
61GF Score
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