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Modern DairiesBOM:519287 +11.20%57 ROC (Joel Greenblatt) % is 43.49% as of Jun. 2026, which is 317% above its 10-year median of 10.42. GuruFocus rates BOM:519287 with a GF Score™ of 57/100 and a GF Value™ of ₹40.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,999 Consumer Packaged Goods companies, Modern Dairies ranks better than 77.79% 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. Modern Dairies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 43.49%.
The historical rank and industry rank for Modern Dairies's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:519287'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55.22 Med: 10.42 Max: 216.46
Current: 28.71
During the past 13 years, Modern Dairies's highest ROC (Joel Greenblatt) % was 216.46%. The lowest was -55.22%. And the median was 10.42%.
BOM:519287's ROC (Joel Greenblatt) % is ranked better than 77.79% of 1999
companies
in the Consumer Packaged Goods industry
Industry Median: 11.98
vs BOM:519287: 28.71
Modern Dairies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Modern Dairies (BOM:519287) 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.
Modern Dairies ROC (Joel Greenblatt) % Related Terms
Modern Dairies ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Modern Dairies'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:519287 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Modern Dairies'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.
Modern Dairies ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Dairies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Modern Dairies's ROC (Joel Greenblatt) % falls into.
Modern Dairies 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 43.49% mean?
Modern Dairies (BOM:519287) has a ROC (Joel Greenblatt) % of 43.49% 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 Modern Dairies and its competitors. This is 317% above median its historical median of 10.42. According to the industry distribution chart, Modern Dairies ranks #444 out of 1999 companies in the Consumer Packaged Goods industry, placing it in the top 22.2%.
Is Modern Dairies' ROC (Joel Greenblatt) % too high?
Modern Dairies' current ROC (Joel Greenblatt) % of 43.49% is 317% above median its 10-year median of 10.42. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.98. Modern Dairies' value of 43.49% is 263% above this industry median. Based on the distribution chart, Modern Dairies ranks #444 out of 1999 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Modern Dairies has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modern Dairies' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Dairies ranks #444 out of 1999 companies for ROC (Joel Greenblatt) %. This places Modern Dairies in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.98. Modern Dairies' value of 43.49% is 263% above this benchmark. While the company's 10-year median is 10.42 vs. the industry median of 11.98, Modern Dairies 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.98, based on 1,999 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. Modern Dairies's current ROC (Joel Greenblatt) % of 43.49% is 263% 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 Modern Dairies and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Dairies's current ROC (Joel Greenblatt) % is 43.49%, which is 317% above median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Dairies stock overvalued right now?
Based on GuruFocus' analysis, Modern Dairies (BOM:519287) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹40.27, compared to a current price of ₹50.93 — trading 26.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.49%, which is 317% above median its 10-year median of 10.42 and 263% above the Consumer Packaged Goods industry median of 11.98. Modern Dairies' overall GF Score™ is 57/100 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 Modern Dairies (BOM:519287), the current ROC (Joel Greenblatt) % is 43.49% 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 Modern Dairies (BOM:519287) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Dairies stock appears to be overvalued.
The current stock price of ₹50.93 is trading 26.5% above its estimated GF Value™ of ₹40.27.
GuruFocus considers Modern Dairies to be Modestly Overvalued.
Key valuation signals for BOM:519287:
ROC (Joel Greenblatt) %: 43.49% (317% above median its 10-year median of 10.42)
GF Value™: ₹40.27 vs. price of ₹50.93 (26.5% above fair value)
Industry Position: 263% above the Consumer Packaged Goods median (#444 of 1999)
No single metric tells the full story. See the BOM:519287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Dairies Ltd is engaged in the business of manufacturing and processing milk and milk products. Its products include casein, lactose, skimmed milk powder, cheese, butter, pure ghee, and premix. The company caters to both domestic and international markets. It has also launched fresh dairy products like milk in sachets, Curd, fermented milk products, and cheese in its own brand.
57GF 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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