Viceroy Hotels (BOM:523796) ROC (Joel Greenblatt) %: 6.77% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:523796 Viceroy Hotels Ltd BOM:523796
53 GF Score
Price ₹119.90
GF Value ₹115.77
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Viceroy Hotels ROC (Joel Greenblatt) %?

Viceroy Hotels BOM:523796 +0.04% 53 ROC (Joel Greenblatt) % is 6.77% as of Jun. 2026. GuruFocus rates BOM:523796 with a GF Score™ of 53/100 and a GF Value™ of ₹115.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 846 Travel & Leisure companies, Viceroy Hotels ranks better than 54.14% 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. Viceroy Hotels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.77%.

The historical rank and industry rank for Viceroy Hotels's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:523796' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -82.54   Med: -1.56   Max: 12.83
Current: 12.83

During the past 13 years, Viceroy Hotels's highest ROC (Joel Greenblatt) % was 12.83%. The lowest was -82.54%. And the median was -1.56%.

BOM:523796's ROC (Joel Greenblatt) % is ranked better than
54.14% of 846 companies
in the Travel & Leisure industry
Industry Median: 10.635 vs BOM:523796: 12.83

Viceroy Hotels's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Viceroy Hotels  (BOM:523796) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Viceroy Hotels ROC (Joel Greenblatt) % Related Terms


Viceroy Hotels ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Viceroy Hotels'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.

Viceroy Hotels ROC (Joel Greenblatt) % Chart

Viceroy Hotels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.51 0.15 0.64 11.15 9.70

Viceroy Hotels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 10.35 22.81 10.72 6.77

BOM:523796 vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison

For the Lodging subindustry, Viceroy Hotels'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.


Viceroy Hotels ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viceroy Hotels's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Viceroy Hotels's ROC (Joel Greenblatt) % falls into.


BOM:523796
53GF Score
Viceroy Hotels Ltd BOM:523796
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viceroy Hotels 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.369 + 6.898 + 32.158) - (78.042 + 0 + 165.762)
=-141.379

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Viceroy Hotels for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=273.032/( ( (4032.034 + max(-141.379, 0)) + (0 + max(0, 0)) )/ 1 )
=273.032/( ( 4032.034 + 0 )/ 1 )
=273.032/4032.034
=6.77 %

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 6.77% mean?
Viceroy Hotels (BOM:523796) has a ROC (Joel Greenblatt) % of 6.77% 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 Viceroy Hotels and its competitors. According to the industry distribution chart, Viceroy Hotels ranks #388 out of 846 companies in the Travel & Leisure industry, placing it in the top 45.9%.
Is Viceroy Hotels' ROC (Joel Greenblatt) % too high?
Viceroy Hotels' current ROC (Joel Greenblatt) % is 6.77%. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.64. Viceroy Hotels' value of 6.77% is 36.3% below this industry median. Based on the distribution chart, Viceroy Hotels ranks #388 out of 846 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Viceroy Hotels has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viceroy Hotels' ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Viceroy Hotels ranks #388 out of 846 companies for ROC (Joel Greenblatt) %. This puts Viceroy Hotels in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.64. Viceroy Hotels' value of 6.77% is 36.3% below 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.64, based on 846 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. Viceroy Hotels's current ROC (Joel Greenblatt) % of 6.77% is 36.3% below 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 Viceroy Hotels and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viceroy Hotels's current ROC (Joel Greenblatt) % is 6.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viceroy Hotels stock overvalued right now?
Based on GuruFocus' analysis, Viceroy Hotels (BOM:523796) is currently considered Fairly Valued. The stock's GF Value™ is ₹115.77, compared to a current price of ₹119.90 — trading 3.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.77% and 36.3% below the Travel & Leisure industry median of 10.64. Viceroy Hotels' overall GF Score™ is 53/100 with 5 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 Viceroy Hotels (BOM:523796), the current ROC (Joel Greenblatt) % is 6.77% 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 Viceroy Hotels (BOM:523796) Overvalued in 2026?

Based on GuruFocus' analysis, Viceroy Hotels stock appears to be overvalued. The current stock price of ₹119.90 is trading 3.6% above its estimated GF Value™ of ₹115.77. GuruFocus considers Viceroy Hotels to be Fairly Valued.

Key valuation signals for BOM:523796:

  • ROC (Joel Greenblatt) %: 6.77%
  • GF Value™: ₹115.77 vs. price of ₹119.90 (3.6% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 36.3% below the Travel & Leisure median (#388 of 846)

No single metric tells the full story. See the BOM:523796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viceroy Hotels Business Description

Other Exchanges VHLTD:India
Address 1-3-1036/3/1 Tank Bund Road, Gandhi Nagar, Hyderabad, TG, IND, 500080
Viceroy Hotels Ltd operates hotels and convention centers and provides related lodging facilities. The company has one operating segment, the Business of Hoteliers. Its hotel and restaurants comprise the Hotel Marriott, Hotel Courtyard Marriott, Minerva Coffee Shop, and Bluefox. The company also owns fine-dining restaurants and bars in Hyderabad and Vijayawada.
53GF Score

Get the complete analysis for BOM:523796

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹119.90
Price
₹115.77
GF Value