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Asahi Songwon ColorsBOM:532853 +2.50%75 ROC (Joel Greenblatt) % is 26.75% as of Jun. 2026, which is 159% above its 10-year median of 10.34. GuruFocus rates BOM:532853 with a GF Score™ of 75/100 and a GF Value™ of ₹385.12 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,609 Chemicals companies, Asahi Songwon Colors ranks better than 59.42% 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. Asahi Songwon Colors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 26.75%.
The historical rank and industry rank for Asahi Songwon Colors's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532853'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.13 Med: 10.34 Max: 24.1
Current: 14.02
During the past 13 years, Asahi Songwon Colors's highest ROC (Joel Greenblatt) % was 24.10%. The lowest was -1.13%. And the median was 10.34%.
BOM:532853's ROC (Joel Greenblatt) % is ranked better than 59.42% of 1609
companies
in the Chemicals industry
Industry Median: 10.55
vs BOM:532853: 14.02
Asahi Songwon Colors's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Asahi Songwon Colors ROC (Joel Greenblatt) % Related Terms
Asahi Songwon Colors ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Asahi Songwon Colors'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:532853 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Asahi Songwon Colors'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.
Asahi Songwon Colors ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asahi Songwon Colors's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asahi Songwon Colors'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 26.75% mean?
Asahi Songwon Colors (BOM:532853) has a ROC (Joel Greenblatt) % of 26.75% 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 Asahi Songwon Colors and its competitors. This is 159% above median its historical median of 10.34. According to the industry distribution chart, Asahi Songwon Colors ranks #653 out of 1609 companies in the Chemicals industry, placing it in the top 40.6%.
Is Asahi Songwon Colors' ROC (Joel Greenblatt) % too high?
Asahi Songwon Colors' current ROC (Joel Greenblatt) % of 26.75% is 159% above median its 10-year median of 10.34. The Chemicals industry median ROC (Joel Greenblatt) % is 10.55. Asahi Songwon Colors' value of 26.75% is 153.6% above this industry median. Based on the distribution chart, Asahi Songwon Colors ranks #653 out of 1609 companies in the Chemicals industry, which is above the industry midpoint. Overall, Asahi Songwon Colors has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Songwon Colors' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asahi Songwon Colors ranks #653 out of 1609 companies for ROC (Joel Greenblatt) %. This puts Asahi Songwon Colors in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.55. Asahi Songwon Colors' value of 26.75% is 153.6% above this benchmark. While the company's 10-year median is 10.34 vs. the industry median of 10.55, Asahi Songwon Colors 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 10.55, based on 1,609 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. Asahi Songwon Colors's current ROC (Joel Greenblatt) % of 26.75% is 153.6% 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 Asahi Songwon Colors and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Songwon Colors's current ROC (Joel Greenblatt) % is 26.75%, which is 159% above median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Songwon Colors stock overvalued right now?
Based on GuruFocus' analysis, Asahi Songwon Colors (BOM:532853) is currently considered Fairly Valued. The stock's GF Value™ is ₹385.12, compared to a current price of ₹375.85 — trading 2.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 26.75%, which is 159% above median its 10-year median of 10.34 and 153.6% above the Chemicals industry median of 10.55. Asahi Songwon Colors' overall GF Score™ is 75/100 with 7 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 Asahi Songwon Colors (BOM:532853), the current ROC (Joel Greenblatt) % is 26.75% 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 Asahi Songwon Colors (BOM:532853) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Songwon Colors stock appears to be undervalued.
The current stock price of ₹375.85 is trading 2.4% below its estimated GF Value™ of ₹385.12.
GuruFocus considers Asahi Songwon Colors to be Fairly Valued.
Key valuation signals for BOM:532853:
ROC (Joel Greenblatt) %: 26.75% (159% above median its 10-year median of 10.34)
GF Value™: ₹385.12 vs. price of ₹375.85 (2.4% below fair value)
Industry Position: 153.6% above the Chemicals median (#653 of 1609)
No single metric tells the full story. See the BOM:532853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Songwon Colors Ltd is principally engaged in the business of manufacturing & export of AZO pigments. It is a key manufacturer and exporter of high-quality color pigments, specializing in Copper Phthalocyanine (CPC) pigments and derivatives. The Company's manufacturing facility is located at Dahej, Bharuch, Gujarat. Its products are CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3, and Pigment Blue 15.4.
75GF Score
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