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Eveready Industries IndiaBOM:531508 -1.48%69 ROC (Joel Greenblatt) % is 33.84% as of Jun. 2026, which is 47% above its 10-year median of 23.09. GuruFocus rates BOM:531508 with a GF Score™ of 69/100 and a GF Value™ of ₹391.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,073 Industrial Products companies, Eveready Industries India ranks better than 79.63% 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. Eveready Industries India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 33.84%.
The historical rank and industry rank for Eveready Industries India's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:531508'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -103.44 Med: 23.09 Max: 70.85
Current: 32.53
During the past 13 years, Eveready Industries India's highest ROC (Joel Greenblatt) % was 70.85%. The lowest was -103.44%. And the median was 23.09%.
BOM:531508's ROC (Joel Greenblatt) % is ranked better than 79.63% of 3073
companies
in the Industrial Products industry
Industry Median: 12.16
vs BOM:531508: 32.53
Eveready Industries India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Eveready Industries India (BOM:531508) 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.
Eveready Industries India ROC (Joel Greenblatt) % Related Terms
Eveready Industries India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Eveready Industries India'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.
Eveready Industries India ROC (Joel Greenblatt) % Chart
BOM:531508 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.
Eveready Industries India ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eveready Industries India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eveready Industries India's ROC (Joel Greenblatt) % falls into.
Eveready Industries India 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:
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 33.84% mean?
Eveready Industries India (BOM:531508) has a ROC (Joel Greenblatt) % of 33.84% 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 Eveready Industries India and its competitors. This is 47% above median its historical median of 23.09. According to the industry distribution chart, Eveready Industries India ranks #626 out of 3073 companies in the Industrial Products industry, placing it in the top 20.4%.
Is Eveready Industries India's ROC (Joel Greenblatt) % too high?
Eveready Industries India's current ROC (Joel Greenblatt) % of 33.84% is 47% above median its 10-year median of 23.09. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.16. Eveready Industries India's value of 33.84% is 178.3% above this industry median. Based on the distribution chart, Eveready Industries India ranks #626 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Eveready Industries India has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Eveready Industries India ranks #626 out of 3073 companies for ROC (Joel Greenblatt) %. This places Eveready Industries India in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.16. Eveready Industries India's value of 33.84% is 178.3% above this benchmark. While the company's 10-year median is 23.09 vs. the industry median of 12.16, Eveready Industries India has consistently been above 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.16, based on 3,073 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. Eveready Industries India's current ROC (Joel Greenblatt) % of 33.84% is 178.3% above 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 Eveready Industries India and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready Industries India's current ROC (Joel Greenblatt) % is 33.84%, which is 47% above median its own 10-year median of 23.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹391.47, compared to a current price of ₹342.10 — trading 12.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 33.84%, which is 47% above median its 10-year median of 23.09 and 178.3% above the Industrial Products industry median of 12.16. Eveready Industries India's overall GF Score™ is 69/100 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 Eveready Industries India (BOM:531508), the current ROC (Joel Greenblatt) % is 33.84% 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 Eveready Industries India (BOM:531508) Overvalued in 2026?
Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued.
The current stock price of ₹342.10 is trading 12.6% below its estimated GF Value™ of ₹391.47.
GuruFocus considers Eveready Industries India to be Modestly Undervalued.
Key valuation signals for BOM:531508:
ROC (Joel Greenblatt) %: 33.84% (47% above median its 10-year median of 23.09)
GF Value™: ₹391.47 vs. price of ₹342.10 (12.6% below fair value)
Industry Position: 178.3% above the Industrial Products median (#626 of 3073)
No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
69GF Score
Get the complete analysis for BOM:531508
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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