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Nitin SpinnersBOM:532698 +0.37%84 ROC (Joel Greenblatt) % is 19.05% as of Jun. 2026, which is 65% above its 10-year median of 11.55. GuruFocus rates BOM:532698 with a GF Score™ of 84/100 and a GF Value™ of ₹413.88 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Nitin Spinners ranks better than 64.32% 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. Nitin Spinners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.05%.
The historical rank and industry rank for Nitin Spinners's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532698'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.04 Med: 11.55 Max: 35.79
Current: 14.37
During the past 13 years, Nitin Spinners's highest ROC (Joel Greenblatt) % was 35.79%. The lowest was 6.04%. And the median was 11.55%.
BOM:532698's ROC (Joel Greenblatt) % is ranked better than 64.32% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.06
vs BOM:532698: 14.37
Nitin Spinners's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.20% 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.
Nitin Spinners ROC (Joel Greenblatt) % Related Terms
Nitin Spinners ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Nitin Spinners'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.
For the Textile Manufacturing subindustry, Nitin Spinners'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.
Nitin Spinners ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nitin Spinners'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 19.05% mean?
Nitin Spinners (BOM:532698) has a ROC (Joel Greenblatt) % of 19.05% 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 Nitin Spinners and its competitors. This is 65% above median its historical median of 11.55. Over the past decade, Nitin Spinners' ROC (Joel Greenblatt) % has ranged from 6.04 to 35.79. According to the industry distribution chart, Nitin Spinners ranks #380 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.7%.
Is Nitin Spinners' ROC (Joel Greenblatt) % too high?
Nitin Spinners' current ROC (Joel Greenblatt) % of 19.05% is 65% above median its 10-year median of 11.55. Over the past 10 years, this metric has ranged from a low of 6.04 to a high of 35.79. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 9.06. Nitin Spinners' value of 19.05% is 110.3% above this industry median. Based on the distribution chart, Nitin Spinners ranks #380 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nitin Spinners has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Spinners' ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitin Spinners ranks #380 out of 1065 companies for ROC (Joel Greenblatt) %. This puts Nitin Spinners in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.06. Nitin Spinners' value of 19.05% is 110.3% above this benchmark. Historically, Nitin Spinners' own ROC (Joel Greenblatt) % has ranged from 6.04 to 35.79 over the past decade. While the company's 10-year median is 11.55 vs. the industry median of 9.06, Nitin Spinners 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 9.06, based on 1,065 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. Nitin Spinners's current ROC (Joel Greenblatt) % of 19.05% is 110.3% 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 Nitin Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 9.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Spinners's current ROC (Joel Greenblatt) % is 19.05%, which is 65% above median its own 10-year median of 11.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Spinners stock overvalued right now?
Based on GuruFocus' analysis, Nitin Spinners (BOM:532698) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹413.88, compared to a current price of ₹630.20 — trading 52.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.05%, which is 65% above median its 10-year median of 11.55 and 110.3% above the Manufacturing - Apparel & Accessories industry median of 9.06. Nitin Spinners' overall GF Score™ is 84/100 with 10 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 Nitin Spinners (BOM:532698), the current ROC (Joel Greenblatt) % is 19.05% 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 Nitin Spinners (BOM:532698) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued.
The current stock price of ₹630.20 is trading 52.3% above its estimated GF Value™ of ₹413.88.
GuruFocus considers Nitin Spinners to be Significantly Overvalued.
Key valuation signals for BOM:532698:
ROC (Joel Greenblatt) %: 19.05% (65% above median its 10-year median of 11.55)
GF Value™: ₹413.88 vs. price of ₹630.20 (52.3% above fair value)
Industry Position: 110.3% above the Manufacturing - Apparel & Accessories median (#380 of 1065)
No single metric tells the full story. See the BOM:532698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.
84GF Score
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