Rajesh Exports (BOM:531500) ROC (Joel Greenblatt) %: 7.18% (As of Jun. 2026) — 64% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531500 Rajesh Exports Ltd BOM:531500
63 GF Score
Price ₹78.37
GF Value ₹569.37
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Rajesh Exports ROC (Joel Greenblatt) %?

Rajesh Exports BOM:531500 -1.24% 63 ROC (Joel Greenblatt) % is 7.18% as of Jun. 2026, which is 64% below its 10-year median of 19.68. GuruFocus rates BOM:531500 with a GF Score™ of 63/100 and a GF Value™ of ₹569.37 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Rajesh Exports ranks better than 51.28% 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. Rajesh Exports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.18%.

The historical rank and industry rank for Rajesh Exports's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:531500' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.4   Med: 19.68   Max: 271.76
Current: 12.9

During the past 13 years, Rajesh Exports's highest ROC (Joel Greenblatt) % was 271.76%. The lowest was 3.40%. And the median was 19.68%.

BOM:531500's ROC (Joel Greenblatt) % is ranked better than
51.28% of 1129 companies
in the Retail - Cyclical industry
Industry Median: 12.5 vs BOM:531500: 12.90

Rajesh Exports's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.90% per year.


Rajesh Exports  (BOM:531500) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Rajesh Exports ROC (Joel Greenblatt) % Related Terms


Rajesh Exports ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rajesh Exports'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.

Rajesh Exports ROC (Joel Greenblatt) % Chart

Rajesh Exports Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.19 15.60 4.60 3.40 12.18

Rajesh Exports Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.29 30.26 19.12 0.26 7.18

BOM:531500 vs TPR: ROC (Joel Greenblatt) % Comparison

For the Luxury Goods subindustry, Rajesh Exports'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.


Rajesh Exports ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rajesh Exports's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rajesh Exports's ROC (Joel Greenblatt) % falls into.


BOM:531500
63GF Score
Rajesh Exports Ltd BOM:531500
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rajesh Exports ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(64422.49 + 177464.75 + 0) - (221772.28 + 0 + 1213.28)
=18901.68

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rajesh Exports for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1723.36/( ( (5115.23 + max(18901.68, 0)) + (0 + max(0, 0)) )/ 1 )
=1723.36/( ( 24016.91 + 0 )/ 1 )
=1723.36/24016.91
=7.18 %

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 7.18% mean?
Rajesh Exports (BOM:531500) has a ROC (Joel Greenblatt) % of 7.18% 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 Rajesh Exports and its competitors. This is 64% below median its historical median of 19.68. Over the past decade, Rajesh Exports' ROC (Joel Greenblatt) % has ranged from 3.40 to 271.76. According to the industry distribution chart, Rajesh Exports ranks #550 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 48.7%.
Is Rajesh Exports' ROC (Joel Greenblatt) % too high?
Rajesh Exports' current ROC (Joel Greenblatt) % of 7.18% is 64% below median its 10-year median of 19.68. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 271.76. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 12.50. Rajesh Exports' value of 7.18% is 42.6% below this industry median. Based on the distribution chart, Rajesh Exports ranks #550 out of 1129 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Rajesh Exports has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rajesh Exports' ROC (Joel Greenblatt) % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Rajesh Exports ranks #550 out of 1129 companies for ROC (Joel Greenblatt) %. This puts Rajesh Exports in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.50. Rajesh Exports' value of 7.18% is 42.6% below this benchmark. Historically, Rajesh Exports' own ROC (Joel Greenblatt) % has ranged from 3.40 to 271.76 over the past decade. While the company's 10-year median is 19.68 vs. the industry median of 12.50, Rajesh Exports 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 12.50, based on 1,129 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. Rajesh Exports's current ROC (Joel Greenblatt) % of 7.18% is 42.6% 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 Rajesh Exports and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajesh Exports's current ROC (Joel Greenblatt) % is 7.18%, which is 64% below median its own 10-year median of 19.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajesh Exports stock overvalued right now?
Based on GuruFocus' analysis, Rajesh Exports (BOM:531500) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹569.37, compared to a current price of ₹78.37 — trading 86.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.18%, which is 64% below median its 10-year median of 19.68 and 42.6% below the Retail - Cyclical industry median of 12.50. Rajesh Exports' overall GF Score™ is 63/100 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 Rajesh Exports (BOM:531500), the current ROC (Joel Greenblatt) % is 7.18% 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 Rajesh Exports (BOM:531500) Overvalued in 2026?

Based on GuruFocus' analysis, Rajesh Exports stock appears to be undervalued. The current stock price of ₹78.37 is trading 86.2% below its estimated GF Value™ of ₹569.37. GuruFocus considers Rajesh Exports to be Significantly Undervalued.

Key valuation signals for BOM:531500:

  • ROC (Joel Greenblatt) %: 7.18% (64% below median its 10-year median of 19.68)
  • GF Value™: ₹569.37 vs. price of ₹78.37 (86.2% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 42.6% below the Retail - Cyclical median (#550 of 1129)

No single metric tells the full story. See the BOM:531500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rajesh Exports Business Description

Other Exchanges RAJESHEXPO:India
Address Number 1, Brunton Road (Off M.G. Road), Opposite Old Passport Office, Bengaluru, KA, IND, 560 001
Rajesh Exports Ltd is a gold refiner and Manufacturer of all kind of Gold products. The Company export its products to various countries around the world and it also sell its products in whole sale and retail in India and also through its own retail showrooms under the brand name of SHUBH Jewellers. Rajesh Exports Ltd has setup various manufacturing facilities in India and other countries.
63GF Score

Get the complete analysis for BOM:531500

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹78.37
Price
₹569.37
GF Value