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Vardhman ConcreteBOM:531444 23 ROC (Joel Greenblatt) % is -23.10% as of Jun. 2026. GuruFocus rates BOM:531444 with a GF Score™ of 23/100. Among 1,788 Construction companies, Vardhman Concrete ranks worse than 83.45% 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. Vardhman Concrete's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -23.10%.
The historical rank and industry rank for Vardhman Concrete's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:531444'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -42.25 Med: -7.84 Max: 87.1
Current: -9.3
During the past 13 years, Vardhman Concrete's highest ROC (Joel Greenblatt) % was 87.10%. The lowest was -42.25%. And the median was -7.84%.
BOM:531444's ROC (Joel Greenblatt) % is ranked worse than 83.45% of 1788
companies
in the Construction industry
Industry Median: 19.305
vs BOM:531444: -9.30
Vardhman Concrete's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.00% 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.
Vardhman Concrete ROC (Joel Greenblatt) % Related Terms
Vardhman Concrete ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Vardhman Concrete'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:531444 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Vardhman Concrete'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.
Vardhman Concrete ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Vardhman Concrete's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vardhman Concrete'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 -23.10% mean?
Vardhman Concrete (BOM:531444) has a ROC (Joel Greenblatt) % of -23.10% 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 Vardhman Concrete and its competitors. According to the industry distribution chart, Vardhman Concrete ranks #1492 out of 1788 companies in the Construction industry, placing it in the top 83.4%.
Is Vardhman Concrete's ROC (Joel Greenblatt) % too high?
Vardhman Concrete's current ROC (Joel Greenblatt) % is -23.10%. Based on the distribution chart, Vardhman Concrete ranks #1492 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Vardhman Concrete has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Vardhman Concrete's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Vardhman Concrete ranks #1492 out of 1788 companies for ROC (Joel Greenblatt) %. This places Vardhman Concrete in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.31. 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.31, based on 1,788 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 Vardhman Concrete and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Concrete's current ROC (Joel Greenblatt) % is -23.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Concrete stock overvalued right now?
Vardhman Concrete (BOM:531444) has a current ROC (Joel Greenblatt) % of -23.10%. The current ROC (Joel Greenblatt) % is -23.10%. Vardhman Concrete's overall GF Score™ is 23/100. 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 Vardhman Concrete (BOM:531444), the current ROC (Joel Greenblatt) % is -23.10% 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.
Vardhman Concrete Ltd operates in the construction sector. The company is engaged in designing, procuring, constructing, commissioning and managing all works of roads, bridges, buildings, Industrial structures, transmission line poles, Power stations, reactors, space facilities, silos, storages godowns, culverts, docks, harbours, piers, wharves, canals, reservoirs, dams, embankments, irrigation works, reclamation, water supply works water and drainage carriage systems, water and sewerage treatment works, sewerage disposal works, water and sewerage pumping stations, storm water and surface drainage, sanitation gas, telephonic, telegraphic and power supply works and all other works..
23GF Score
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