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Sonal AdhesivesBOM:526901 +9.07%61 ROC (Joel Greenblatt) % is 8.11% as of Jun. 2026, which is 115% above its 10-year median of 3.77. GuruFocus rates BOM:526901 with a GF Score™ of 61/100 and a GF Value™ of ₹79.85 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,608 Chemicals companies, Sonal Adhesives ranks better than 56.16% 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. Sonal Adhesives's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.11%.
The historical rank and industry rank for Sonal Adhesives's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:526901'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.62 Med: 3.77 Max: 90.26
Current: 13
During the past 13 years, Sonal Adhesives's highest ROC (Joel Greenblatt) % was 90.26%. The lowest was -23.62%. And the median was 3.77%.
BOM:526901's ROC (Joel Greenblatt) % is ranked better than 56.16% of 1608
companies
in the Chemicals industry
Industry Median: 10.605
vs BOM:526901: 13.00
Sonal Adhesives'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.
Sonal Adhesives ROC (Joel Greenblatt) % Related Terms
Sonal Adhesives ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sonal Adhesives'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:526901 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Sonal Adhesives'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.
Sonal Adhesives ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sonal Adhesives's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sonal Adhesives'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 8.11% mean?
Sonal Adhesives (BOM:526901) has a ROC (Joel Greenblatt) % of 8.11% 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 Sonal Adhesives and its competitors. This is 115% above median its historical median of 3.77. According to the industry distribution chart, Sonal Adhesives ranks #705 out of 1608 companies in the Chemicals industry, placing it in the top 43.8%.
Is Sonal Adhesives' ROC (Joel Greenblatt) % too high?
Sonal Adhesives' current ROC (Joel Greenblatt) % of 8.11% is 115% above median its 10-year median of 3.77. The Chemicals industry median ROC (Joel Greenblatt) % is 10.61. Sonal Adhesives' value of 8.11% is 23.5% below this industry median. Based on the distribution chart, Sonal Adhesives ranks #705 out of 1608 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sonal Adhesives has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sonal Adhesives' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sonal Adhesives ranks #705 out of 1608 companies for ROC (Joel Greenblatt) %. This puts Sonal Adhesives in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.61. Sonal Adhesives' value of 8.11% is 23.5% below this benchmark. While the company's 10-year median is 3.77 vs. the industry median of 10.61, Sonal Adhesives 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.61, based on 1,608 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. Sonal Adhesives's current ROC (Joel Greenblatt) % of 8.11% is 23.5% 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 Sonal Adhesives and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonal Adhesives's current ROC (Joel Greenblatt) % is 8.11%, which is 115% above median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonal Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Sonal Adhesives (BOM:526901) is currently considered Possible Value Trap. The stock's GF Value™ is ₹79.85, compared to a current price of ₹44.50 — trading 44.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.11%, which is 115% above median its 10-year median of 3.77 and 23.5% below the Chemicals industry median of 10.61. Sonal Adhesives' overall GF Score™ is 61/100 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 Sonal Adhesives (BOM:526901), the current ROC (Joel Greenblatt) % is 8.11% 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 Sonal Adhesives (BOM:526901) Overvalued in 2026?
Based on GuruFocus' analysis, Sonal Adhesives stock appears to be undervalued.
The current stock price of ₹44.50 is trading 44.3% below its estimated GF Value™ of ₹79.85.
GuruFocus considers Sonal Adhesives to be Possible Value Trap.
Key valuation signals for BOM:526901:
ROC (Joel Greenblatt) %: 8.11% (115% above median its 10-year median of 3.77)
GF Value™: ₹79.85 vs. price of ₹44.50 (44.3% below fair value)
Industry Position: 23.5% below the Chemicals median (#705 of 1608)
No single metric tells the full story. See the BOM:526901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonal Adhesives Ltd is an India-based manufacturer engaged in the production of adhesive tapes, emulsions, and plastic ropes. The company operates in a single segment: packing products. Its products are marketed under the brand names SONAL and ADICRYL. The company is a manufacturer and exporter of BOPP self-adhesive tapes and specialty adhesives and emulsions. It exports its products globally, including to countries such as Spain, Nigeria, Germany, Middle Eastern countries, and across the African continent, and majority of its revenue comes from India.
61GF Score
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