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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. Tomorrow Technologies Global Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 13,812.77%.
BOM:512018'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -721560 Med: -105.18 Max: 1932.35
Current: -2299.25
During the past 13 years, Tomorrow Technologies Global Innovations's highest ROC (Joel Greenblatt) % was 1932.35%. The lowest was -721560.00%. And the median was -105.18%.
BOM:512018's ROC (Joel Greenblatt) % is ranked worse than 96.29% of 674
companies
in the Capital Markets industry
Industry Median: 36.765
vs BOM:512018: -2299.25
Tomorrow Technologies Global Innovations (BOM:512018) 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.
* 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.
Tomorrow Technologies Global Innovations ROC (Joel Greenblatt) % Chart
Tomorrow Technologies Global Innovations Annual Data
BOM:512018 vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Tomorrow Technologies Global Innovations'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.
Tomorrow Technologies Global Innovations ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tomorrow Technologies Global Innovations's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tomorrow Technologies Global Innovations's ROC (Joel Greenblatt) % falls into.
Tomorrow Technologies Global Innovations 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 13,812.77% mean?
Tomorrow Technologies Global Innovations (BOM:512018) has a ROC (Joel Greenblatt) % of 13,812.77% 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 Tomorrow Technologies Global Innovations and its competitors. According to the industry distribution chart, Tomorrow Technologies Global Innovations ranks #649 out of 674 companies in the Capital Markets industry, placing it in the top 96.3%.
Is Tomorrow Technologies Global Innovations' ROC (Joel Greenblatt) % too high?
Tomorrow Technologies Global Innovations' current ROC (Joel Greenblatt) % is 13,812.77%. The Capital Markets industry median ROC (Joel Greenblatt) % is 36.77. Tomorrow Technologies Global Innovations' value of 13,812.77% is 37470.4% above this industry median. Based on the distribution chart, Tomorrow Technologies Global Innovations ranks #649 out of 674 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tomorrow Technologies Global Innovations has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomorrow Technologies Global Innovations' ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Tomorrow Technologies Global Innovations ranks #649 out of 674 companies for ROC (Joel Greenblatt) %. This places Tomorrow Technologies Global Innovations in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 36.77. Tomorrow Technologies Global Innovations' value of 13,812.77% is 37470.4% above this benchmark. 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 36.77, based on 674 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. Tomorrow Technologies Global Innovations's current ROC (Joel Greenblatt) % of 13,812.77% is 37470.4% 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 Tomorrow Technologies Global Innovations and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 36.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomorrow Technologies Global Innovations's current ROC (Joel Greenblatt) % is 13,812.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomorrow Technologies Global Innovations stock overvalued right now?
Based on GuruFocus' analysis, Tomorrow Technologies Global Innovations (BOM:512018) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.09, compared to a current price of ₹7.83 — trading 8600% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13,812.77% and 37470.4% above the Capital Markets industry median of 36.77. Tomorrow Technologies Global Innovations' overall GF Score™ is 25/100 with 3 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 Tomorrow Technologies Global Innovations (BOM:512018), the current ROC (Joel Greenblatt) % is 13,812.77% 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 Tomorrow Technologies Global Innovations (BOM:512018) Overvalued in 2026?
Based on GuruFocus' analysis, Tomorrow Technologies Global Innovations stock appears to be overvalued.
The current stock price of ₹7.83 is trading 8600% above its estimated GF Value™ of ₹0.09.
GuruFocus considers Tomorrow Technologies Global Innovations to be Significantly Overvalued.
Key valuation signals for BOM:512018:
ROC (Joel Greenblatt) %: 13,812.77%
GF Value™: ₹0.09 vs. price of ₹7.83 (8600% above fair value)
Industry Position: 37470.4% above the Capital Markets median (#649 of 674)
No single metric tells the full story. See the BOM:512018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomorrow Technologies Global Innovations Ltd has international tie-ups with overall agencies to distribute their research content to globally acclaimed investors through their research reports. The company's business segments include content sale & purchase of equity shares. It generates maximum revenue from the Equity segment.
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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