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Maruti Suzuki IndiaBOM:532500 -0.71%93 ROC (Joel Greenblatt) % is 40.25% as of Jun. 2026, which is 16% below its 10-year median of 47.99. GuruFocus rates BOM:532500 with a GF Score™ of 93/100 and a GF Value™ of ₹16,718.45 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,332 Vehicles & Parts companies, Maruti Suzuki India ranks better than 90.77% 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. Maruti Suzuki India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 40.25%.
The historical rank and industry rank for Maruti Suzuki India's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532500'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.83 Med: 47.99 Max: 75.59
Current: 44.02
During the past 13 years, Maruti Suzuki India's highest ROC (Joel Greenblatt) % was 75.59%. The lowest was 28.83%. And the median was 47.99%.
BOM:532500's ROC (Joel Greenblatt) % is ranked better than 90.77% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.175
vs BOM:532500: 44.02
Maruti Suzuki India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.70% per year.
Maruti Suzuki India (BOM:532500) 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.
Maruti Suzuki India ROC (Joel Greenblatt) % Related Terms
Maruti Suzuki India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Maruti Suzuki 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:532500 vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison
For the Auto Manufacturers subindustry, Maruti Suzuki 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.
Maruti Suzuki India ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Maruti Suzuki India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Maruti Suzuki India's ROC (Joel Greenblatt) % falls into.
Maruti Suzuki 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 40.25% mean?
Maruti Suzuki India (BOM:532500) has a ROC (Joel Greenblatt) % of 40.25% 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 Maruti Suzuki India and its competitors. This is 16% below median its historical median of 47.99. Over the past decade, Maruti Suzuki India's ROC (Joel Greenblatt) % has ranged from 28.83 to 75.59. According to the industry distribution chart, Maruti Suzuki India ranks #123 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 9.2%.
Is Maruti Suzuki India's ROC (Joel Greenblatt) % too high?
Maruti Suzuki India's current ROC (Joel Greenblatt) % of 40.25% is 16% below median its 10-year median of 47.99. Over the past 10 years, this metric has ranged from a low of 28.83 to a high of 75.59. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.18. Maruti Suzuki India's value of 40.25% is 230.6% above this industry median. Based on the distribution chart, Maruti Suzuki India ranks #123 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Maruti Suzuki India has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Suzuki India's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Maruti Suzuki India ranks #123 out of 1332 companies for ROC (Joel Greenblatt) %. This places Maruti Suzuki India in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.18. Maruti Suzuki India's value of 40.25% is 230.6% above this benchmark. Historically, Maruti Suzuki India's own ROC (Joel Greenblatt) % has ranged from 28.83 to 75.59 over the past decade. While the company's 10-year median is 47.99 vs. the industry median of 12.18, Maruti Suzuki 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.18, based on 1,332 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. Maruti Suzuki India's current ROC (Joel Greenblatt) % of 40.25% is 230.6% 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 Maruti Suzuki India and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruti Suzuki India's current ROC (Joel Greenblatt) % is 40.25%, which is 16% below median its own 10-year median of 47.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Suzuki India stock overvalued right now?
Based on GuruFocus' analysis, Maruti Suzuki India (BOM:532500) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,718.45, compared to a current price of ₹13,910.00 — trading 16.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 40.25%, which is 16% below median its 10-year median of 47.99 and 230.6% above the Vehicles & Parts industry median of 12.18. Maruti Suzuki India's overall GF Score™ is 93/100 with 1 warning sign 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 Maruti Suzuki India (BOM:532500), the current ROC (Joel Greenblatt) % is 40.25% 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 Maruti Suzuki India (BOM:532500) Overvalued in 2026?
Based on GuruFocus' analysis, Maruti Suzuki India stock appears to be undervalued.
The current stock price of ₹13,910.00 is trading 16.8% below its estimated GF Value™ of ₹16,718.45.
GuruFocus considers Maruti Suzuki India to be Modestly Undervalued.
Key valuation signals for BOM:532500:
ROC (Joel Greenblatt) %: 40.25% (16% below median its 10-year median of 47.99)
GF Value™: ₹16,718.45 vs. price of ₹13,910.00 (16.8% below fair value)
Industry Position: 230.6% above the Vehicles & Parts median (#123 of 1332)
No single metric tells the full story. See the BOM:532500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. The company manufactures various types of passenger vehicles and light commercial vehicles for its customers belonging to different income categories. Some of the vehicles manufactured by it are: WagonR, Dzire, Ertiga, Fronx (SUV), and others. Geographically, the company generates a majority of its revenue from its business in India and also engages in exports of its products to countries like Chile, Saudi Arabia, South Africa, Japan, Mexico, and others.
93GF Score
Get the complete analysis for BOM:532500
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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