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Voith Paper Fabrics IndiaBOM:522122 +2.76%86 ROC (Joel Greenblatt) % is 38.98% as of Jun. 2026, which is 22% above its 10-year median of 31.87. GuruFocus rates BOM:522122 with a GF Score™ of 86/100 and a GF Value™ of ₹2,111.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 285 Forest Products companies, Voith Paper Fabrics India ranks better than 93.68% 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. Voith Paper Fabrics India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 38.98%.
The historical rank and industry rank for Voith Paper Fabrics India's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:522122'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 27.06 Med: 31.87 Max: 38.95
Current: 32.52
During the past 13 years, Voith Paper Fabrics India's highest ROC (Joel Greenblatt) % was 38.95%. The lowest was 27.06%. And the median was 31.87%.
BOM:522122's ROC (Joel Greenblatt) % is ranked better than 93.68% of 285
companies
in the Forest Products industry
Industry Median: 4.72
vs BOM:522122: 32.52
Voith Paper Fabrics India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.50% per year.
Voith Paper Fabrics India (BOM:522122) 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.
Voith Paper Fabrics India ROC (Joel Greenblatt) % Related Terms
Voith Paper Fabrics India ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Voith Paper Fabrics India'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.
Voith Paper Fabrics India ROC (Joel Greenblatt) % Chart
Voith Paper Fabrics India ROC (Joel Greenblatt) % Competitor Comparison
For the Paper & Paper Products subindustry, Voith Paper Fabrics India'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.
Voith Paper Fabrics India ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Voith Paper Fabrics India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Voith Paper Fabrics India's ROC (Joel Greenblatt) % falls into.
Voith Paper Fabrics India 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 38.98% mean?
Voith Paper Fabrics India (BOM:522122) has a ROC (Joel Greenblatt) % of 38.98% 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 Voith Paper Fabrics India and its competitors. This is 22% above median its historical median of 31.87. Over the past decade, Voith Paper Fabrics India's ROC (Joel Greenblatt) % has ranged from 27.06 to 38.95. According to the industry distribution chart, Voith Paper Fabrics India ranks #18 out of 285 companies in the Forest Products industry, placing it in the top 6.3%.
Is Voith Paper Fabrics India's ROC (Joel Greenblatt) % too high?
Voith Paper Fabrics India's current ROC (Joel Greenblatt) % of 38.98% is 22% above median its 10-year median of 31.87. Over the past 10 years, this metric has ranged from a low of 27.06 to a high of 38.95. The Forest Products industry median ROC (Joel Greenblatt) % is 4.72. Voith Paper Fabrics India's value of 38.98% is 725.8% above this industry median. Based on the distribution chart, Voith Paper Fabrics India ranks #18 out of 285 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Voith Paper Fabrics India has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voith Paper Fabrics India's ROC (Joel Greenblatt) % compare to competitors?
According to the Forest Products industry distribution chart, Voith Paper Fabrics India ranks #18 out of 285 companies for ROC (Joel Greenblatt) %. This places Voith Paper Fabrics India in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.72. Voith Paper Fabrics India's value of 38.98% is 725.8% above this benchmark. Historically, Voith Paper Fabrics India's own ROC (Joel Greenblatt) % has ranged from 27.06 to 38.95 over the past decade. While the company's 10-year median is 31.87 vs. the industry median of 4.72, Voith Paper Fabrics India 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.72, based on 285 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. Voith Paper Fabrics India's current ROC (Joel Greenblatt) % of 38.98% is 725.8% 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 Voith Paper Fabrics India and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voith Paper Fabrics India's current ROC (Joel Greenblatt) % is 38.98%, which is 22% above median its own 10-year median of 31.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voith Paper Fabrics India stock overvalued right now?
Based on GuruFocus' analysis, Voith Paper Fabrics India (BOM:522122) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,111.71, compared to a current price of ₹1,490.00 — trading 29.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 38.98%, which is 22% above median its 10-year median of 31.87 and 725.8% above the Forest Products industry median of 4.72. Voith Paper Fabrics India's overall GF Score™ is 86/100 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 Voith Paper Fabrics India (BOM:522122), the current ROC (Joel Greenblatt) % is 38.98% 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 Voith Paper Fabrics India (BOM:522122) Overvalued in 2026?
Based on GuruFocus' analysis, Voith Paper Fabrics India stock appears to be undervalued.
The current stock price of ₹1,490.00 is trading 29.4% below its estimated GF Value™ of ₹2,111.71.
GuruFocus considers Voith Paper Fabrics India to be Modestly Undervalued.
Key valuation signals for BOM:522122:
ROC (Joel Greenblatt) %: 38.98% (22% above median its 10-year median of 31.87)
GF Value™: ₹2,111.71 vs. price of ₹1,490.00 (29.4% below fair value)
Industry Position: 725.8% above the Forest Products median (#18 of 285)
No single metric tells the full story. See the BOM:522122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voith Paper Fabrics India Ltd manufactures various range of paper machine clothing. The company's products include Forming fabrics, Press Fabric, Dryer Fabric, Fiber Cement, and Roll Covers. Its primary business is supplying the paper industry with technologically sophisticated products called paper machine clothing. Paper machine clothing is used to produce all grades of paper from lightweight tissue to heavyweight containerboard. The company is located at one of the established industrial townships of northern India serving customers both in India and abroad.
86GF Score
Get the complete analysis for BOM:522122
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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