Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Elgi EquipmentsBOM:522074 +0.48%96 ROC (Joel Greenblatt) % is 42.66% as of Jun. 2026, which is 51% above its 10-year median of 28.27. GuruFocus rates BOM:522074 with a GF Score™ of 96/100 and a GF Value™ of ₹664.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,071 Industrial Products companies, Elgi Equipments ranks better than 89.29% 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. Elgi Equipments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 42.66%.
The historical rank and industry rank for Elgi Equipments's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:522074'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.77 Med: 28.27 Max: 53.9
Current: 50.31
During the past 13 years, Elgi Equipments's highest ROC (Joel Greenblatt) % was 53.90%. The lowest was 11.77%. And the median was 28.27%.
BOM:522074's ROC (Joel Greenblatt) % is ranked better than 89.29% of 3071
companies
in the Industrial Products industry
Industry Median: 12.21
vs BOM:522074: 50.31
Elgi Equipments's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.90% per year.
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.
Elgi Equipments ROC (Joel Greenblatt) % Related Terms
Elgi Equipments ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Elgi Equipments'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:522074 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Elgi Equipments'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.
Elgi Equipments ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Elgi Equipments'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 42.66% mean?
Elgi Equipments (BOM:522074) has a ROC (Joel Greenblatt) % of 42.66% 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 Elgi Equipments and its competitors. This is 51% above median its historical median of 28.27. Over the past decade, Elgi Equipments' ROC (Joel Greenblatt) % has ranged from 11.77 to 53.90. According to the industry distribution chart, Elgi Equipments ranks #329 out of 3071 companies in the Industrial Products industry, placing it in the top 10.7%.
Is Elgi Equipments' ROC (Joel Greenblatt) % too high?
Elgi Equipments' current ROC (Joel Greenblatt) % of 42.66% is 51% above median its 10-year median of 28.27. Over the past 10 years, this metric has ranged from a low of 11.77 to a high of 53.90. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.21. Elgi Equipments' value of 42.66% is 249.4% above this industry median. Based on the distribution chart, Elgi Equipments ranks #329 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elgi Equipments has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #329 out of 3071 companies for ROC (Joel Greenblatt) %. This places Elgi Equipments in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.21. Elgi Equipments' value of 42.66% is 249.4% above this benchmark. Historically, Elgi Equipments' own ROC (Joel Greenblatt) % has ranged from 11.77 to 53.90 over the past decade. While the company's 10-year median is 28.27 vs. the industry median of 12.21, Elgi Equipments 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.21, based on 3,071 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. Elgi Equipments's current ROC (Joel Greenblatt) % of 42.66% is 249.4% 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 Elgi Equipments and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current ROC (Joel Greenblatt) % is 42.66%, which is 51% above median its own 10-year median of 28.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elgi Equipments stock overvalued right now?
Based on GuruFocus' analysis, Elgi Equipments (BOM:522074) is currently considered Fairly Valued. The stock's GF Value™ is ₹664.48, compared to a current price of ₹634.05 — trading 4.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 42.66%, which is 51% above median its 10-year median of 28.27 and 249.4% above the Industrial Products industry median of 12.21. Elgi Equipments' overall GF Score™ is 96/100 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 Elgi Equipments (BOM:522074), the current ROC (Joel Greenblatt) % is 42.66% 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 Elgi Equipments (BOM:522074) Overvalued in 2026?
Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued.
The current stock price of ₹634.05 is trading 4.6% below its estimated GF Value™ of ₹664.48.
GuruFocus considers Elgi Equipments to be Fairly Valued.
Key valuation signals for BOM:522074:
ROC (Joel Greenblatt) %: 42.66% (51% above median its 10-year median of 28.27)
GF Value™: ₹664.48 vs. price of ₹634.05 (4.6% below fair value)
Industry Position: 249.4% above the Industrial Products median (#329 of 3071)
No single metric tells the full story. See the BOM:522074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors, and air accessories. Geographically, it derives a majority of its revenue from India and also has a presence in the United States of America, Italy, Australia, and other countries. It serves the Textile; Manufacturing; Automotive; Agriculture and Construction industries.
96GF Score
Get the complete analysis for BOM:522074
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:522074 has been successfully added to your 
