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Thakkers DevelopersBOM:526654 63 ROC (Joel Greenblatt) % is 0.35% as of Mar. 2026, which is 96% below its 10-year median of 9.46. GuruFocus rates BOM:526654 with a GF Score™ of 63/100 and a GF Value™ of ₹166.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,749 Real Estate companies, Thakkers Developers ranks worse than 62.32% 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. Thakkers Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.35%.
The historical rank and industry rank for Thakkers Developers's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:526654'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.33 Med: 9.46 Max: 35.32
Current: 6.21
During the past 13 years, Thakkers Developers's highest ROC (Joel Greenblatt) % was 35.32%. The lowest was -0.33%. And the median was 9.46%.
BOM:526654's ROC (Joel Greenblatt) % is ranked worse than 62.32% of 1749
companies
in the Real Estate industry
Industry Median: 13
vs BOM:526654: 6.21
Thakkers Developers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Thakkers Developers ROC (Joel Greenblatt) % Related Terms
Thakkers Developers ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Thakkers Developers'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.
For the Real Estate - Development subindustry, Thakkers Developers'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.
Thakkers Developers ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Thakkers Developers's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thakkers Developers'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 (Mar. 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 0.35% mean?
Thakkers Developers (BOM:526654) has a ROC (Joel Greenblatt) % of 0.35% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Thakkers Developers and its competitors. This is 96% below median its historical median of 9.46. According to the industry distribution chart, Thakkers Developers ranks #1090 out of 1749 companies in the Real Estate industry, placing it in the top 62.3%.
Is Thakkers Developers' ROC (Joel Greenblatt) % too high?
Thakkers Developers' current ROC (Joel Greenblatt) % of 0.35% is 96% below median its 10-year median of 9.46. The Real Estate industry median ROC (Joel Greenblatt) % is 13.00. Thakkers Developers' value of 0.35% is 97.3% below this industry median. Based on the distribution chart, Thakkers Developers ranks #1090 out of 1749 companies in the Real Estate industry, which is below the industry midpoint. Overall, Thakkers Developers has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #1090 out of 1749 companies for ROC (Joel Greenblatt) %. This places Thakkers Developers in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.00. Thakkers Developers' value of 0.35% is 97.3% below this benchmark. While the company's 10-year median is 9.46 vs. the industry median of 13.00, Thakkers Developers has consistently been below 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.00, based on 1,749 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. Thakkers Developers's current ROC (Joel Greenblatt) % of 0.35% is 97.3% 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 Thakkers Developers and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current ROC (Joel Greenblatt) % is 0.35%, which is 96% below median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Fairly Valued. The stock's GF Value™ is ₹166.87, compared to a current price of ₹155.75 — trading 6.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.35%, which is 96% below median its 10-year median of 9.46 and 97.3% below the Real Estate industry median of 13.00. Thakkers Developers' overall GF Score™ is 63/100 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 Thakkers Developers (BOM:526654), the current ROC (Joel Greenblatt) % is 0.35% as of Mar. 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 Thakkers Developers (BOM:526654) Overvalued in 2026?
Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued.
The current stock price of ₹155.75 is trading 6.7% below its estimated GF Value™ of ₹166.87.
GuruFocus considers Thakkers Developers to be Fairly Valued.
Key valuation signals for BOM:526654:
ROC (Joel Greenblatt) %: 0.35% (96% below median its 10-year median of 9.46)
GF Value™: ₹166.87 vs. price of ₹155.75 (6.7% below fair value)
Industry Position: 97.3% below the Real Estate median (#1090 of 1749)
No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
63GF 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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