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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. Titan Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -0.38%.
The historical rank and industry rank for Titan Securities's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:530045'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.42 Med: 8.96 Max: 15.62
Current: 8.35
During the past 13 years, Titan Securities's highest ROC (Joel Greenblatt) % was 15.62%. The lowest was 1.42%. And the median was 8.96%.
BOM:530045's ROC (Joel Greenblatt) % is ranked worse than 62.13% of 676
companies
in the Capital Markets industry
Industry Median: 34.81
vs BOM:530045: 8.35
Titan Securities's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.80% 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.
Titan Securities ROC (Joel Greenblatt) % Related Terms
Titan Securities ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Titan Securities'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:530045 vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Titan Securities'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.
Titan Securities ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Titan Securities's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Titan Securities'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 -0.38% mean?
Titan Securities (BOM:530045) has a ROC (Joel Greenblatt) % of -0.38% 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 Titan Securities and its competitors. Over the past decade, Titan Securities' ROC (Joel Greenblatt) % has ranged from 1.42 to 15.62. According to the industry distribution chart, Titan Securities ranks #420 out of 676 companies in the Capital Markets industry, placing it in the top 62.1%.
Is Titan Securities' ROC (Joel Greenblatt) % too high?
Titan Securities' current ROC (Joel Greenblatt) % is -0.38%. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 15.62. Based on the distribution chart, Titan Securities ranks #420 out of 676 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Titan Securities has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Titan Securities' ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Titan Securities ranks #420 out of 676 companies for ROC (Joel Greenblatt) %. This places Titan Securities in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 34.81. Historically, Titan Securities' own ROC (Joel Greenblatt) % has ranged from 1.42 to 15.62 over the past decade. 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.81, based on 676 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. 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 Titan Securities and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Securities's current ROC (Joel Greenblatt) % is -0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Securities stock overvalued right now?
Based on GuruFocus' analysis, Titan Securities (BOM:530045) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹32.49, compared to a current price of ₹41.25 — trading 27% above its estimated fair value. The current ROC (Joel Greenblatt) % is -0.38%. Titan Securities' overall GF Score™ is 57/100 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 Titan Securities (BOM:530045), the current ROC (Joel Greenblatt) % is -0.38% 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 Titan Securities (BOM:530045) Overvalued in 2026?
Based on GuruFocus' analysis, Titan Securities stock appears to be overvalued.
The current stock price of ₹41.25 is trading 27% above its estimated GF Value™ of ₹32.49.
GuruFocus considers Titan Securities to be Modestly Overvalued.
Key valuation signals for BOM:530045:
ROC (Joel Greenblatt) %: -0.38%
GF Value™: ₹32.49 vs. price of ₹41.25 (27% above fair value)
No single metric tells the full story. See the BOM:530045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titan Securities Ltd operates as a Non-Banking Financial Institution. It is engaged in the capital markets business sector. The company operates through a business segment, namely, Non-banking Financial Company. The company's main business is to invest its funds in financial services. It deals in shares and securities of all listed and unlisted securities, bonds, and debentures and makes its investments in shares, securities, and bonds. The company also deals in short-term or long-term finances for reputable business entities. Geographically, the company operates only in the Indian market.
57GF 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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