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India HomesBOM:513361 -5.50%27 ROC (Joel Greenblatt) % is 10.37% as of Jun. 2026. GuruFocus rates BOM:513361 with a GF Score™ of 27/100. The stock has 6 warning signs investors should review. Among 629 Steel companies, India Homes ranks better than 71.54% 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. India Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.37%.
The historical rank and industry rank for India Homes's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:513361'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.98 Med: -2.33 Max: 14.53
Current: 14.53
During the past 13 years, India Homes's highest ROC (Joel Greenblatt) % was 14.53%. The lowest was -15.98%. And the median was -2.33%.
BOM:513361's ROC (Joel Greenblatt) % is ranked better than 71.54% of 629
companies
in the Steel industry
Industry Median: 8.41
vs BOM:513361: 14.53
India Homes's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
India Homes (BOM:513361) 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.
India Homes ROC (Joel Greenblatt) % Historical Data
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The historical data trend for India Homes'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:513361 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, India Homes'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.
India Homes ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, India Homes's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where India Homes's ROC (Joel Greenblatt) % falls into.
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 10.37% mean?
India Homes (BOM:513361) has a ROC (Joel Greenblatt) % of 10.37% 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 India Homes and its competitors. According to the industry distribution chart, India Homes ranks #179 out of 629 companies in the Steel industry, placing it in the top 28.5%.
Is India Homes' ROC (Joel Greenblatt) % too high?
India Homes' current ROC (Joel Greenblatt) % is 10.37%. The Steel industry median ROC (Joel Greenblatt) % is 8.41. India Homes' value of 10.37% is 23.3% above this industry median. Based on the distribution chart, India Homes ranks #179 out of 629 companies in the Steel industry, which is above the industry midpoint. Overall, India Homes has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does India Homes' ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, India Homes ranks #179 out of 629 companies for ROC (Joel Greenblatt) %. This puts India Homes in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.41. India Homes' value of 10.37% is 23.3% 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 8.41, based on 629 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. India Homes's current ROC (Joel Greenblatt) % of 10.37% is 23.3% 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 India Homes and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Homes's current ROC (Joel Greenblatt) % is 10.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Homes stock overvalued right now?
India Homes (BOM:513361) has a current ROC (Joel Greenblatt) % of 10.37%. The current ROC (Joel Greenblatt) % is 10.37% and 23.3% above the Steel industry median of 8.41. India Homes' overall GF Score™ is 27/100 with 6 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 India Homes (BOM:513361), the current ROC (Joel Greenblatt) % is 10.37% 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.
India Homes Ltd Formerly India Steel Works Ltd is engaged in the manufacturing and trading of steel products, like Hot rolled, Bars and Rods, Bright Bars extra. It offers products such as steel billets, bright bars, wires, stainless steel products, wire rods, and coils. The company has identified only one segment: Manufacturing & Trading of Stainless Steel & Allied Products.
27GF Score
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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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