Innocorp (BOM:531929) ROC (Joel Greenblatt) %: -2.85% (As of Jun. 2026)

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BOM:531929 Innocorp Ltd BOM:531929
19 GF Score
Price ₹4.88
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What is Innocorp ROC (Joel Greenblatt) %?

Innocorp BOM:531929 +4.95% 19 ROC (Joel Greenblatt) % is -2.85% as of Jun. 2026. GuruFocus rates BOM:531929 with a GF Score™ of 19/100. Among 409 Packaging & Containers companies, Innocorp ranks worse than 90.71% 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. Innocorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -2.85%.

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

BOM:531929' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -150.99   Med: -9.34   Max: 736.9
Current: -11.1

During the past 13 years, Innocorp's highest ROC (Joel Greenblatt) % was 736.90%. The lowest was -150.99%. And the median was -9.34%.

BOM:531929's ROC (Joel Greenblatt) % is ranked worse than
90.71% of 409 companies
in the Packaging & Containers industry
Industry Median: 9.39 vs BOM:531929: -11.10

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


Innocorp  (BOM:531929) 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.


Innocorp ROC (Joel Greenblatt) % Related Terms


Innocorp ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Innocorp'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.

Innocorp ROC (Joel Greenblatt) % Chart

Innocorp 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 -4.12 736.90 -146.05 -150.99 0.08

Innocorp 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 -181.57 -377.48 -78.59 -2.63 -2.85

BOM:531929 vs SW, AMCR, PKG: ROC (Joel Greenblatt) % Comparison

For the Packaging & Containers subindustry, Innocorp'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.


Innocorp ROC (Joel Greenblatt) % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Innocorp's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:531929
19GF Score
Innocorp Ltd BOM:531929
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innocorp 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)
=(0 + 0 + 46.278) - (5.997 + 0 + 0.922)
=39.359

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 Innocorp 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 )
=-1.144/( ( (0.729 + max(39.359, 0)) + (0 + max(0, 0)) )/ 1 )
=-1.144/( ( 40.088 + 0 )/ 1 )
=-1.144/40.088
=-2.85 %

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 -2.85% mean?
Innocorp (BOM:531929) has a ROC (Joel Greenblatt) % of -2.85% 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 Innocorp and its competitors. According to the industry distribution chart, Innocorp ranks #371 out of 409 companies in the Packaging & Containers industry, placing it in the top 90.7%.
Is Innocorp's ROC (Joel Greenblatt) % too high?
Innocorp's current ROC (Joel Greenblatt) % is -2.85%. Based on the distribution chart, Innocorp ranks #371 out of 409 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Innocorp has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Innocorp's ROC (Joel Greenblatt) % compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Innocorp ranks #371 out of 409 companies for ROC (Joel Greenblatt) %. This places Innocorp in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.39. 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 9.39, based on 409 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 Innocorp and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innocorp's current ROC (Joel Greenblatt) % is -2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innocorp stock overvalued right now?
Innocorp (BOM:531929) has a current ROC (Joel Greenblatt) % of -2.85%. The current ROC (Joel Greenblatt) % is -2.85%. Innocorp's overall GF Score™ is 19/100. 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 Innocorp (BOM:531929), the current ROC (Joel Greenblatt) % is -2.85% 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.

Innocorp Business Description

Address 8-2-269/C/100, Road No-2, Sagar Society, Banjara Hills, Behind SBI Kohinoor Branch, Hyderabad, TG, IND, 500034
Innocorp Ltd is an India-based company engaged in the manufacturing of plastic products. It is a manufacturer of injection-molded plastic products for household and industrial use. The company manufactures Water Cooler components for Videocon Appliances, containers for Mold-Tek, and molded furniture (chairs, tables, and stools), as well as fruit/vegetable crates for Nilkamal and Polyset.
19GF Score

Get the complete analysis for BOM:531929

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

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