Ganga Papers India (BOM:531813) ROC (Joel Greenblatt) %: 6.82% (As of Jun. 2026) — 33% Below Median

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BOM:531813 Ganga Papers India Ltd BOM:531813
69 GF Score
Price ₹95.00
GF Value ₹115.04
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ganga Papers India ROC (Joel Greenblatt) %?

Ganga Papers India BOM:531813 69 ROC (Joel Greenblatt) % is 6.82% as of Jun. 2026, which is 33% below its 10-year median of 10.25. GuruFocus rates BOM:531813 with a GF Score™ of 69/100 and a GF Value™ of ₹115.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 284 Forest Products companies, Ganga Papers India ranks better than 64.44% 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. Ganga Papers India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.82%.

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

BOM:531813' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.58   Med: 10.25   Max: 17.09
Current: 8.19

During the past 13 years, Ganga Papers India's highest ROC (Joel Greenblatt) % was 17.09%. The lowest was 6.58%. And the median was 10.25%.

BOM:531813's ROC (Joel Greenblatt) % is ranked better than
64.44% of 284 companies
in the Forest Products industry
Industry Median: 4.945 vs BOM:531813: 8.19

Ganga Papers India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.30% per year.


Ganga Papers India  (BOM:531813) 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.


Ganga Papers India ROC (Joel Greenblatt) % Related Terms


Ganga Papers India ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ganga Papers 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.

Ganga Papers India ROC (Joel Greenblatt) % Chart

Ganga Papers India 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 17.09 10.58 6.60 6.58 8.10

Ganga Papers India 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 7.04 6.75 6.08 11.07 6.82

Ganga Papers India ROC (Joel Greenblatt) % Competitor Comparison

For the Paper & Paper Products subindustry, Ganga Papers 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.


Ganga Papers India ROC (Joel Greenblatt) % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ganga Papers India's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ganga Papers India's ROC (Joel Greenblatt) % falls into.


BOM:531813
69GF Score
Ganga Papers India Ltd BOM:531813
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganga Papers 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:

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)
=(413.035 + 243.77 + 61.652) - (160.641 + 0 + 55.937)
=501.879

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 Ganga Papers India 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 )
=49.88/( ( (229.801 + max(501.879, 0)) + (0 + max(0, 0)) )/ 1 )
=49.88/( ( 731.68 + 0 )/ 1 )
=49.88/731.68
=6.82 %

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 6.82% mean?
Ganga Papers India (BOM:531813) has a ROC (Joel Greenblatt) % of 6.82% 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 Ganga Papers India and its competitors. This is 33% below median its historical median of 10.25. Over the past decade, Ganga Papers India's ROC (Joel Greenblatt) % has ranged from 6.58 to 17.09. According to the industry distribution chart, Ganga Papers India ranks #101 out of 284 companies in the Forest Products industry, placing it in the top 35.6%.
Is Ganga Papers India's ROC (Joel Greenblatt) % too high?
Ganga Papers India's current ROC (Joel Greenblatt) % of 6.82% is 33% below median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 6.58 to a high of 17.09. The Forest Products industry median ROC (Joel Greenblatt) % is 4.95. Ganga Papers India's value of 6.82% is 37.9% above this industry median. Based on the distribution chart, Ganga Papers India ranks #101 out of 284 companies in the Forest Products industry, which is above the industry midpoint. Overall, Ganga Papers 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 Ganga Papers India's ROC (Joel Greenblatt) % compare to competitors?
According to the Forest Products industry distribution chart, Ganga Papers India ranks #101 out of 284 companies for ROC (Joel Greenblatt) %. This puts Ganga Papers India in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 4.95. Ganga Papers India's value of 6.82% is 37.9% above this benchmark. Historically, Ganga Papers India's own ROC (Joel Greenblatt) % has ranged from 6.58 to 17.09 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 4.95, Ganga Papers 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 a Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.95, based on 284 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. Ganga Papers India's current ROC (Joel Greenblatt) % of 6.82% is 37.9% 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 Ganga Papers India and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current ROC (Joel Greenblatt) % is 6.82%, which is 33% below median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹115.04, compared to a current price of ₹95.00 — trading 17.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.82%, which is 33% below median its 10-year median of 10.25 and 37.9% above the Forest Products industry median of 4.95. Ganga Papers India's overall GF Score™ is 69/100 with 5 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 Ganga Papers India (BOM:531813), the current ROC (Joel Greenblatt) % is 6.82% 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 Ganga Papers India (BOM:531813) Overvalued in 2026?

Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued. The current stock price of ₹95.00 is trading 17.4% below its estimated GF Value™ of ₹115.04. GuruFocus considers Ganga Papers India to be Modestly Undervalued.

Key valuation signals for BOM:531813:

  • ROC (Joel Greenblatt) %: 6.82% (33% below median its 10-year median of 10.25)
  • GF Value™: ₹115.04 vs. price of ₹95.00 (17.4% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 37.9% above the Forest Products median (#101 of 284)

No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganga Papers India Business Description

Address Gat No. 241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
69GF Score

Get the complete analysis for BOM:531813

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

₹95.00
Price
₹115.04
GF Value