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.
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.
Engineers IndiaBOM:532178 +3.33%89 ROC (Joel Greenblatt) % is 185.90% as of Jun. 2026, which is 14% below its 10-year median of 217.07. GuruFocus rates BOM:532178 with a GF Score™ of 89/100 and a GF Value™ of ₹241.30 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,787 Construction companies, Engineers India ranks better than 94.68% 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. Engineers India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 185.90%.
The historical rank and industry rank for Engineers India's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532178'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 154.52 Med: 217.07 Max: 298.03
Current: 298.03
During the past 13 years, Engineers India's highest ROC (Joel Greenblatt) % was 298.03%. The lowest was 154.52%. And the median was 217.07%.
BOM:532178's ROC (Joel Greenblatt) % is ranked better than 94.68% of 1787
companies
in the Construction industry
Industry Median: 19.65
vs BOM:532178: 298.03
Engineers India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.20% per year.
Engineers India (BOM:532178) 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.
Engineers India ROC (Joel Greenblatt) % Related Terms
Engineers India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Engineers 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.
BOM:532178 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Engineers 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.
Engineers India ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Engineers India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Engineers India's ROC (Joel Greenblatt) % falls into.
Engineers 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 185.90% mean?
Engineers India (BOM:532178) has a ROC (Joel Greenblatt) % of 185.90% 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 Engineers India and its competitors. This is 14% below median its historical median of 217.07. Over the past decade, Engineers India's ROC (Joel Greenblatt) % has ranged from 154.52 to 298.03. According to the industry distribution chart, Engineers India ranks #95 out of 1787 companies in the Construction industry, placing it in the top 5.3%.
Is Engineers India's ROC (Joel Greenblatt) % too high?
Engineers India's current ROC (Joel Greenblatt) % of 185.90% is 14% below median its 10-year median of 217.07. Over the past 10 years, this metric has ranged from a low of 154.52 to a high of 298.03. The Construction industry median ROC (Joel Greenblatt) % is 19.65. Engineers India's value of 185.90% is 846.1% above this industry median. Based on the distribution chart, Engineers India ranks #95 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Engineers India has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Engineers India's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Engineers India ranks #95 out of 1787 companies for ROC (Joel Greenblatt) %. This places Engineers India in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.65. Engineers India's value of 185.90% is 846.1% above this benchmark. Historically, Engineers India's own ROC (Joel Greenblatt) % has ranged from 154.52 to 298.03 over the past decade. While the company's 10-year median is 217.07 vs. the industry median of 19.65, Engineers 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.65, based on 1,787 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. Engineers India's current ROC (Joel Greenblatt) % of 185.90% is 846.1% 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 Engineers India and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engineers India's current ROC (Joel Greenblatt) % is 185.90%, which is 14% below median its own 10-year median of 217.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engineers India stock overvalued right now?
Based on GuruFocus' analysis, Engineers India (BOM:532178) is currently considered Fairly Valued. The stock's GF Value™ is ₹241.30, compared to a current price of ₹244.95 — trading 1.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 185.90%, which is 14% below median its 10-year median of 217.07 and 846.1% above the Construction industry median of 19.65. Engineers India's overall GF Score™ is 89/100 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 Engineers India (BOM:532178), the current ROC (Joel Greenblatt) % is 185.90% 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 Engineers India (BOM:532178) Overvalued in 2026?
Based on GuruFocus' analysis, Engineers India stock appears to be overvalued.
The current stock price of ₹244.95 is trading 1.5% above its estimated GF Value™ of ₹241.30.
GuruFocus considers Engineers India to be Fairly Valued.
Key valuation signals for BOM:532178:
ROC (Joel Greenblatt) %: 185.90% (14% below median its 10-year median of 217.07)
GF Value™: ₹241.30 vs. price of ₹244.95 (1.5% above fair value)
Industry Position: 846.1% above the Construction median (#95 of 1787)
No single metric tells the full story. See the BOM:532178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Engineers India Ltd is engaged in providing design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure and petrochemical industries. It operates into two segments namely Consultancy and engineering projects and Turnkey projects.
89GF Score
Get the complete analysis for BOM:532178
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532178 has been successfully added to your 
