Hittco Tools (BOM:531661) ROC (Joel Greenblatt) %: 15.68% (As of Mar. 2026) — 358% Above Median

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BOM:531661 Hittco Tools Ltd BOM:531661
60 GF Score
Price ₹15.60
GF Value ₹15.30
Valuation Fairly Valued
! 6 Warning Signs
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What is Hittco Tools ROC (Joel Greenblatt) %?

Hittco Tools BOM:531661 +0.32% 60 ROC (Joel Greenblatt) % is 15.68% as of Mar. 2026, which is 358% above its 10-year median of 3.42. GuruFocus rates BOM:531661 with a GF Score™ of 60/100 and a GF Value™ of ₹15.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,081 Industrial Products companies, Hittco Tools ranks worse than 79.62% 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. Hittco Tools's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.68%.

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

BOM:531661' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.06   Med: 3.42   Max: 16.27
Current: -3.03

During the past 13 years, Hittco Tools's highest ROC (Joel Greenblatt) % was 16.27%. The lowest was -8.06%. And the median was 3.42%.

BOM:531661's ROC (Joel Greenblatt) % is ranked worse than
79.62% of 3081 companies
in the Industrial Products industry
Industry Median: 12 vs BOM:531661: -3.03

Hittco Tools's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Hittco Tools  (BOM:531661) 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.


Hittco Tools ROC (Joel Greenblatt) % Related Terms


Hittco Tools ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hittco Tools'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.

Hittco Tools ROC (Joel Greenblatt) % Chart

Hittco Tools 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 19.84 13.29 9.41 4.33 -7.37

Hittco Tools Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 36.58 -17.30 -12.43 -13.87 15.68

BOM:531661 vs SNA, RBC, LECO: ROC (Joel Greenblatt) % Comparison

For the Tools & Accessories subindustry, Hittco Tools'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.


Hittco Tools ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hittco Tools's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:531661
60GF Score
Hittco Tools Ltd BOM:531661
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hittco Tools 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.775 + 19.163 + 4.172) - (3.367 + 0 + 9.497)
=29.246

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.36572 + 22.37394 + 0.3282) - (4.34281 + 0 + 2.64474)
=31.08031

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hittco Tools for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.136/( ( (35.947 + max(29.246, 0)) + (33.02058 + max(31.08031, 0)) )/ 2 )
=10.136/( ( 65.193 + 64.10089 )/ 2 )
=10.136/64.646945
=15.68 %

Note: The EBIT data used here is four times the quarterly (Mar. 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 15.68% mean?
Hittco Tools (BOM:531661) has a ROC (Joel Greenblatt) % of 15.68% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hittco Tools and its competitors. This is 358% above median its historical median of 3.42. According to the industry distribution chart, Hittco Tools ranks #2453 out of 3081 companies in the Industrial Products industry, placing it in the top 79.6%.
Is Hittco Tools' ROC (Joel Greenblatt) % too high?
Hittco Tools' current ROC (Joel Greenblatt) % of 15.68% is 358% above median its 10-year median of 3.42. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.00. Hittco Tools' value of 15.68% is 30.7% above this industry median. Based on the distribution chart, Hittco Tools ranks #2453 out of 3081 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hittco Tools has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hittco Tools' ROC (Joel Greenblatt) % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Hittco Tools ranks #2453 out of 3081 companies for ROC (Joel Greenblatt) %. This places Hittco Tools in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.00. Hittco Tools' value of 15.68% is 30.7% above this benchmark. While the company's 10-year median is 3.42 vs. the industry median of 12.00, Hittco Tools 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 12.00, based on 3,081 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. Hittco Tools's current ROC (Joel Greenblatt) % of 15.68% is 30.7% 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 Hittco Tools and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hittco Tools's current ROC (Joel Greenblatt) % is 15.68%, which is 358% above median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hittco Tools stock overvalued right now?
Based on GuruFocus' analysis, Hittco Tools (BOM:531661) is currently considered Fairly Valued. The stock's GF Value™ is ₹15.30, compared to a current price of ₹15.60 — trading 2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.68%, which is 358% above median its 10-year median of 3.42 and 30.7% above the Industrial Products industry median of 12.00. Hittco Tools' overall GF Score™ is 60/100 with 6 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 Hittco Tools (BOM:531661), the current ROC (Joel Greenblatt) % is 15.68% as of Mar. 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 Hittco Tools (BOM:531661) Overvalued in 2026?

Based on GuruFocus' analysis, Hittco Tools stock appears to be overvalued. The current stock price of ₹15.60 is trading 2% above its estimated GF Value™ of ₹15.30. GuruFocus considers Hittco Tools to be Fairly Valued.

Key valuation signals for BOM:531661:

  • ROC (Joel Greenblatt) %: 15.68% (358% above median its 10-year median of 3.42)
  • GF Value™: ₹15.30 vs. price of ₹15.60 (2% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 30.7% above the Industrial Products median (#2453 of 3081)

No single metric tells the full story. See the BOM:531661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hittco Tools Business Description

Address KIADB Industrial Area, 2nd Phase, Peenya, 1st Stage, No-17-C, Bangalore, KA, IND, 560 058
Hittco Tools Ltd manufactures high-performance Carbide and High-Speed Steel (HSS) tools for machining a variety of metals and acrylic. The company operates in the manufacturing and sale of machine tools, offering products such as High Performance Endmills, Endmills for Non-Ferrous Metals, HSS Jobber Drills, Die and Mould Endmills, General Purpose Endmills, and Carbide High Performance Drills. It has two manufacturing units located on the outskirts of Bangalore in Peenya Industrial Area.
60GF Score

Get the complete analysis for BOM:531661

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

₹15.60
Price
₹15.30
GF Value