Gratex IndustriesBOM:526751 76 ROC (Joel Greenblatt) % is 7.69% as of Mar. 2026, which is 51% above its 10-year median of 5.08. GuruFocus rates BOM:526751 with a GF Score™ of 76/100 and a GF Value™ of ₹24.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Gratex Industries ranks worse than 60.42% 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. Gratex Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.69%.
The historical rank and industry rank for Gratex Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:526751'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.7 Med: 5.08 Max: 9.77
Current: 5
During the past 13 years, Gratex Industries's highest ROC (Joel Greenblatt) % was 9.77%. The lowest was 1.70%. And the median was 5.08%.
BOM:526751's ROC (Joel Greenblatt) % is ranked worse than 60.42% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.4
vs BOM:526751: 5.00
Gratex Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.60% 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.
Gratex Industries ROC (Joel Greenblatt) % Related Terms
Gratex Industries ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Gratex Industries'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:526751 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Gratex Industries'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.
Gratex Industries ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gratex Industries'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 7.69% mean?
Gratex Industries (BOM:526751) has a ROC (Joel Greenblatt) % of 7.69% 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 Gratex Industries and its competitors. This is 51% above median its historical median of 5.08. Over the past decade, Gratex Industries' ROC (Joel Greenblatt) % has ranged from 1.70 to 9.77. According to the industry distribution chart, Gratex Industries ranks #261 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.4%.
Is Gratex Industries' ROC (Joel Greenblatt) % too high?
Gratex Industries' current ROC (Joel Greenblatt) % of 7.69% is 51% above median its 10-year median of 5.08. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 9.77. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.40. Gratex Industries' value of 7.69% is 18.2% below this industry median. Based on the distribution chart, Gratex Industries ranks #261 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Gratex Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gratex Industries' ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gratex Industries ranks #261 out of 432 companies for ROC (Joel Greenblatt) %. This places Gratex Industries in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.40. Gratex Industries' value of 7.69% is 18.2% below this benchmark. Historically, Gratex Industries' own ROC (Joel Greenblatt) % has ranged from 1.70 to 9.77 over the past decade. While the company's 10-year median is 5.08 vs. the industry median of 9.40, Gratex Industries 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.40, based on 432 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. Gratex Industries's current ROC (Joel Greenblatt) % of 7.69% is 18.2% 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 Gratex Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gratex Industries's current ROC (Joel Greenblatt) % is 7.69%, which is 51% above median its own 10-year median of 5.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gratex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gratex Industries (BOM:526751) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.84, compared to a current price of ₹26.09 — trading 5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.69%, which is 51% above median its 10-year median of 5.08 and 18.2% below the Furnishings, Fixtures & Appliances industry median of 9.40. Gratex Industries' overall GF Score™ is 76/100 with 8 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 Gratex Industries (BOM:526751), the current ROC (Joel Greenblatt) % is 7.69% 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 Gratex Industries (BOM:526751) Overvalued in 2026?
Based on GuruFocus' analysis, Gratex Industries stock appears to be overvalued.
The current stock price of ₹26.09 is trading 5% above its estimated GF Value™ of ₹24.84.
GuruFocus considers Gratex Industries to be Fairly Valued.
Key valuation signals for BOM:526751:
ROC (Joel Greenblatt) %: 7.69% (51% above median its 10-year median of 5.08)
GF Value™: ₹24.84 vs. price of ₹26.09 (5% above fair value)
Industry Position: 18.2% below the Furnishings, Fixtures & Appliances median (#261 of 432)
No single metric tells the full story. See the BOM:526751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It operates in single business segment: Manufacturing and Trading of Profiles, Catalogues, Digital Posters, Furnitures and Wall coverings.
76GF Score
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