Hazoor Multi Projects (BOM:532467) ROC (Joel Greenblatt) %: 79.70% (As of Mar. 2026) — 317% Above Median

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BOM:532467 Hazoor Multi Projects Ltd BOM:532467
74 GF Score
Price ₹22.11
GF Value ₹22.81
Valuation Fairly Valued
! 5 Warning Signs
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What is Hazoor Multi Projects ROC (Joel Greenblatt) %?

Hazoor Multi Projects BOM:532467 -2.08% 74 ROC (Joel Greenblatt) % is 79.70% as of Mar. 2026, which is 317% above its 10-year median of 19.09. GuruFocus rates BOM:532467 with a GF Score™ of 74/100 and a GF Value™ of ₹22.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,748 Real Estate companies, Hazoor Multi Projects ranks better than 71.8% 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. Hazoor Multi Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 79.70%.

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

BOM:532467' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.47   Med: 19.09   Max: 534.86
Current: 53.9

During the past 13 years, Hazoor Multi Projects's highest ROC (Joel Greenblatt) % was 534.86%. The lowest was -5.47%. And the median was 19.09%.

BOM:532467's ROC (Joel Greenblatt) % is ranked better than
71.8% of 1748 companies
in the Real Estate industry
Industry Median: 12.92 vs BOM:532467: 53.90

Hazoor Multi Projects's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 48.70% per year.


Hazoor Multi Projects  (BOM:532467) 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.


Hazoor Multi Projects ROC (Joel Greenblatt) % Related Terms


Hazoor Multi Projects ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hazoor Multi Projects'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.

Hazoor Multi Projects ROC (Joel Greenblatt) % Chart

Hazoor Multi Projects 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 31.64 466.53 534.86 99.24 51.45

Hazoor Multi Projects 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 90.83 78.55 -11.78 66.32 79.70

Hazoor Multi Projects ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Hazoor Multi Projects'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.


Hazoor Multi Projects ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hazoor Multi Projects's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:532467
74GF Score
Hazoor Multi Projects Ltd BOM:532467
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hazoor Multi Projects 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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1079.128 + 2.214 + 5870.291) - (2066.938 + 0 + 3966.777)
=917.918

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hazoor Multi Projects 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 )
=2225.272/( ( (0 + max(0, 0)) + (1874.016 + max(917.918, 0)) )/ 1 )
=2225.272/( ( 0 + 2791.934 )/ 1 )
=2225.272/2791.934
=79.70 %

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 79.70% mean?
Hazoor Multi Projects (BOM:532467) has a ROC (Joel Greenblatt) % of 79.70% 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 Hazoor Multi Projects and its competitors. This is 317% above median its historical median of 19.09. According to the industry distribution chart, Hazoor Multi Projects ranks #493 out of 1748 companies in the Real Estate industry, placing it in the top 28.2%.
Is Hazoor Multi Projects' ROC (Joel Greenblatt) % too high?
Hazoor Multi Projects' current ROC (Joel Greenblatt) % of 79.70% is 317% above median its 10-year median of 19.09. The Real Estate industry median ROC (Joel Greenblatt) % is 12.92. Hazoor Multi Projects' value of 79.70% is 516.9% above this industry median. Based on the distribution chart, Hazoor Multi Projects ranks #493 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hazoor Multi Projects has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hazoor Multi Projects' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Hazoor Multi Projects ranks #493 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Hazoor Multi Projects in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.92. Hazoor Multi Projects' value of 79.70% is 516.9% above this benchmark. While the company's 10-year median is 19.09 vs. the industry median of 12.92, Hazoor Multi Projects 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.92, based on 1,748 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. Hazoor Multi Projects's current ROC (Joel Greenblatt) % of 79.70% is 516.9% 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 Hazoor Multi Projects and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hazoor Multi Projects's current ROC (Joel Greenblatt) % is 79.70%, which is 317% above median its own 10-year median of 19.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hazoor Multi Projects stock overvalued right now?
Based on GuruFocus' analysis, Hazoor Multi Projects (BOM:532467) is currently considered Fairly Valued. The stock's GF Value™ is ₹22.81, compared to a current price of ₹22.11 — trading 3.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 79.70%, which is 317% above median its 10-year median of 19.09 and 516.9% above the Real Estate industry median of 12.92. Hazoor Multi Projects' overall GF Score™ is 74/100 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 Hazoor Multi Projects (BOM:532467), the current ROC (Joel Greenblatt) % is 79.70% 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 Hazoor Multi Projects (BOM:532467) Overvalued in 2026?

Based on GuruFocus' analysis, Hazoor Multi Projects stock appears to be undervalued. The current stock price of ₹22.11 is trading 3.1% below its estimated GF Value™ of ₹22.81. GuruFocus considers Hazoor Multi Projects to be Fairly Valued.

Key valuation signals for BOM:532467:

  • ROC (Joel Greenblatt) %: 79.70% (317% above median its 10-year median of 19.09)
  • GF Value™: ₹22.81 vs. price of ₹22.11 (3.1% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 516.9% above the Real Estate median (#493 of 1748)

No single metric tells the full story. See the BOM:532467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hazoor Multi Projects Business Description

Address 30, Jambulwadi, J.S.S. Road, 601-A, Ramji House Premises CSL, Mumbai, MH, IND, 400002
Hazoor Multi Projects Ltd is an India-based EPC contracting company specializing in infrastructure development and real estate. The company focuses on large-scale civil projects, including roads, hotels, dams, bridges, and other engineering works, operating mainly within India. The company executes projects under EPC and Hybrid Annuity Mode (HAM) models for government and private sector clients. The company has earned a reputation for quality, reliability, and safety through strategic partnerships with clients such as the Maharashtra State Road Development Corporation and the National Highways Authority of India.
74GF Score

Get the complete analysis for BOM:532467

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

₹22.11
Price
₹22.81
GF Value