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.
Xchanging SolutionsBOM:532616 +0.87%73 ROC (Joel Greenblatt) % is 862,000.00% as of Jun. 2026, which is 21660% above its 10-year median of 3,961.33. GuruFocus rates BOM:532616 with a GF Score™ of 73/100 and a GF Value™ of ₹110.45 (Significantly Undervalued). Among 2,811 Software companies, Xchanging Solutions ranks better than 99.93% 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. Xchanging Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 862,000.00%.
The historical rank and industry rank for Xchanging Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532616'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1505.56 Med: 3961.33 Max: 357900
Current: 357900
During the past 13 years, Xchanging Solutions's highest ROC (Joel Greenblatt) % was 357900.00%. The lowest was 1505.56%. And the median was 3961.33%.
BOM:532616's ROC (Joel Greenblatt) % is ranked better than 99.93% of 2811
companies
in the Software industry
Industry Median: 20.74
vs BOM:532616: 357900.00
Xchanging Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 121.80% per year.
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.
Xchanging Solutions ROC (Joel Greenblatt) % Related Terms
Xchanging Solutions ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Xchanging Solutions'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:532616 vs IBM, ACN, CTSH: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Xchanging Solutions'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.
Xchanging Solutions ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Xchanging Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Xchanging Solutions's ROC (Joel Greenblatt) % falls into.
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 862,000.00% mean?
Xchanging Solutions (BOM:532616) has a ROC (Joel Greenblatt) % of 862,000.00% 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 Xchanging Solutions and its competitors. This is 21660% above median its historical median of 3,961.33. Over the past decade, Xchanging Solutions' ROC (Joel Greenblatt) % has ranged from 1,505.56 to 357,900.00. According to the industry distribution chart, Xchanging Solutions ranks #2 out of 2811 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Xchanging Solutions' ROC (Joel Greenblatt) % too high?
Xchanging Solutions' current ROC (Joel Greenblatt) % of 862,000.00% is 21660% above median its 10-year median of 3,961.33. Over the past 10 years, this metric has ranged from a low of 1,505.56 to a high of 357,900.00. The Software industry median ROC (Joel Greenblatt) % is 20.74. Xchanging Solutions' value of 862,000.00% is 4156119.9% above this industry median. Based on the distribution chart, Xchanging Solutions ranks #2 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Xchanging Solutions has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xchanging Solutions' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Xchanging Solutions ranks #2 out of 2811 companies for ROC (Joel Greenblatt) %. This places Xchanging Solutions in the top 0% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.74. Xchanging Solutions' value of 862,000.00% is 4156119.9% above this benchmark. Historically, Xchanging Solutions' own ROC (Joel Greenblatt) % has ranged from 1,505.56 to 357,900.00 over the past decade. While the company's 10-year median is 3,961.33 vs. the industry median of 20.74, Xchanging Solutions 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.74, based on 2,811 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. Xchanging Solutions's current ROC (Joel Greenblatt) % of 862,000.00% is 4156119.9% 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 Xchanging Solutions and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xchanging Solutions's current ROC (Joel Greenblatt) % is 862,000.00%, which is 21660% above median its own 10-year median of 3,961.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xchanging Solutions stock overvalued right now?
Based on GuruFocus' analysis, Xchanging Solutions (BOM:532616) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹110.45, compared to a current price of ₹61.30 — trading 44.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 862,000.00%, which is 21660% above median its 10-year median of 3,961.33 and 4156119.9% above the Software industry median of 20.74. Xchanging Solutions' overall GF Score™ is 73/100. 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 Xchanging Solutions (BOM:532616), the current ROC (Joel Greenblatt) % is 862,000.00% 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 Xchanging Solutions (BOM:532616) Overvalued in 2026?
Based on GuruFocus' analysis, Xchanging Solutions stock appears to be undervalued.
The current stock price of ₹61.30 is trading 44.5% below its estimated GF Value™ of ₹110.45.
GuruFocus considers Xchanging Solutions to be Significantly Undervalued.
Key valuation signals for BOM:532616:
ROC (Joel Greenblatt) %: 862,000.00% (21660% above median its 10-year median of 3,961.33)
GF Value™: ₹110.45 vs. price of ₹61.30 (44.5% below fair value)
Industry Position: 4156119.9% above the Software median (#2 of 2811)
No single metric tells the full story. See the BOM:532616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.
73GF Score
Get the complete analysis for BOM:532616
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:532616 has been successfully added to your 
