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Solar Industries IndiaBOM:532725 +0.38%96 ROC (Joel Greenblatt) % is 48.67% as of Jun. 2026, which is 68% above its 10-year median of 29.05. GuruFocus rates BOM:532725 with a GF Score™ of 96/100 and a GF Value™ of ₹19,878.66 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,614 Chemicals companies, Solar Industries India ranks better than 93.25% 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. Solar Industries India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 48.67%.
The historical rank and industry rank for Solar Industries India's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532725'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.24 Med: 29.05 Max: 46.83
Current: 46.83
During the past 13 years, Solar Industries India's highest ROC (Joel Greenblatt) % was 46.83%. The lowest was 22.24%. And the median was 29.05%.
BOM:532725's ROC (Joel Greenblatt) % is ranked better than 93.25% of 1614
companies
in the Chemicals industry
Industry Median: 10.59
vs BOM:532725: 46.83
Solar Industries India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.70% per year.
Solar Industries India (BOM:532725) 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.
Solar Industries India ROC (Joel Greenblatt) % Related Terms
Solar Industries India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Solar Industries 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.
Solar Industries India ROC (Joel Greenblatt) % Chart
BOM:532725 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Solar Industries 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.
Solar Industries India ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Solar Industries India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Solar Industries India's ROC (Joel Greenblatt) % falls into.
Solar Industries 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 48.67% mean?
Solar Industries India (BOM:532725) has a ROC (Joel Greenblatt) % of 48.67% 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 Solar Industries India and its competitors. This is 68% above median its historical median of 29.05. Over the past decade, Solar Industries India's ROC (Joel Greenblatt) % has ranged from 22.24 to 46.83. According to the industry distribution chart, Solar Industries India ranks #109 out of 1614 companies in the Chemicals industry, placing it in the top 6.8%.
Is Solar Industries India's ROC (Joel Greenblatt) % too high?
Solar Industries India's current ROC (Joel Greenblatt) % of 48.67% is 68% above median its 10-year median of 29.05. Over the past 10 years, this metric has ranged from a low of 22.24 to a high of 46.83. The Chemicals industry median ROC (Joel Greenblatt) % is 10.59. Solar Industries India's value of 48.67% is 359.6% above this industry median. Based on the distribution chart, Solar Industries India ranks #109 out of 1614 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Solar Industries India has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #109 out of 1614 companies for ROC (Joel Greenblatt) %. This places Solar Industries India in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.59. Solar Industries India's value of 48.67% is 359.6% above this benchmark. Historically, Solar Industries India's own ROC (Joel Greenblatt) % has ranged from 22.24 to 46.83 over the past decade. While the company's 10-year median is 29.05 vs. the industry median of 10.59, Solar Industries 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.59, based on 1,614 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. Solar Industries India's current ROC (Joel Greenblatt) % of 48.67% is 359.6% 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 Solar Industries India and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current ROC (Joel Greenblatt) % is 48.67%, which is 68% above median its own 10-year median of 29.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹19,878.66, compared to a current price of ₹22,390.00 — trading 12.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 48.67%, which is 68% above median its 10-year median of 29.05 and 359.6% above the Chemicals industry median of 10.59. Solar Industries India's overall GF Score™ is 96/100 with 6 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 Solar Industries India (BOM:532725), the current ROC (Joel Greenblatt) % is 48.67% 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 Solar Industries India (BOM:532725) Overvalued in 2026?
Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued.
The current stock price of ₹22,390.00 is trading 12.6% above its estimated GF Value™ of ₹19,878.66.
GuruFocus considers Solar Industries India to be Modestly Overvalued.
Key valuation signals for BOM:532725:
ROC (Joel Greenblatt) %: 48.67% (68% above median its 10-year median of 29.05)
GF Value™: ₹19,878.66 vs. price of ₹22,390.00 (12.6% above fair value)
Industry Position: 359.6% above the Chemicals median (#109 of 1614)
No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
96GF Score
Get the complete analysis for BOM:532725
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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