Time Technoplast (BOM:532856) ROC (Joel Greenblatt) %: 15.74% (As of Jun. 2026) — Near Median

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BOM:532856 Time Technoplast Ltd BOM:532856
83 GF Score
Price ₹187.05
GF Value ₹207.11
Valuation Modestly Undervalued
View Full Analysis

What is Time Technoplast ROC (Joel Greenblatt) %?

Time Technoplast BOM:532856 +0.48% 83 ROC (Joel Greenblatt) % is 15.74% as of Jun. 2026, which is 5% above its 10-year median of 15.05. GuruFocus rates BOM:532856 with a GF Score™ of 83/100 and a GF Value™ of ₹207.11 (Modestly Undervalued). Among 409 Packaging & Containers companies, Time Technoplast ranks better than 76.53% 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. Time Technoplast's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.74%.

The historical rank and industry rank for Time Technoplast's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:532856' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.59   Med: 15.05   Max: 19.17
Current: 19.17

During the past 13 years, Time Technoplast's highest ROC (Joel Greenblatt) % was 19.17%. The lowest was 8.59%. And the median was 15.05%.

BOM:532856's ROC (Joel Greenblatt) % is ranked better than
76.53% of 409 companies
in the Packaging & Containers industry
Industry Median: 9.39 vs BOM:532856: 19.17

Time Technoplast's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.10% per year.


Time Technoplast  (BOM:532856) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Time Technoplast ROC (Joel Greenblatt) % Related Terms


Time Technoplast ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Time Technoplast'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.

Time Technoplast ROC (Joel Greenblatt) % Chart

Time Technoplast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.11 13.19 16.22 18.45 18.20

Time Technoplast Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.48 19.22 20.48 17.95 15.74

BOM:532856 vs SW, AMCR, PKG: ROC (Joel Greenblatt) % Comparison

For the Packaging & Containers subindustry, Time Technoplast'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.


Time Technoplast ROC (Joel Greenblatt) % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Time Technoplast's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Time Technoplast's ROC (Joel Greenblatt) % falls into.


BOM:532856
83GF Score
Time Technoplast Ltd BOM:532856
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Time Technoplast 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14524.6 + 13283.1 + 5657.4) - (5066.4 + 0 + 718.1)
=27680.6

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Time Technoplast for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6978/( ( (16648.6 + max(27680.6, 0)) + (0 + max(0, 0)) )/ 1 )
=6978/( ( 44329.2 + 0 )/ 1 )
=6978/44329.2
=15.74 %

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 15.74% mean?
Time Technoplast (BOM:532856) has a ROC (Joel Greenblatt) % of 15.74% 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 Time Technoplast and its competitors. This is near median its historical median of 15.05. Over the past decade, Time Technoplast's ROC (Joel Greenblatt) % has ranged from 8.59 to 19.17. According to the industry distribution chart, Time Technoplast ranks #96 out of 409 companies in the Packaging & Containers industry, placing it in the top 23.5%.
Is Time Technoplast's ROC (Joel Greenblatt) % too high?
Time Technoplast's current ROC (Joel Greenblatt) % of 15.74% is near median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 8.59 to a high of 19.17. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 9.39. Time Technoplast's value of 15.74% is 67.6% above this industry median. Based on the distribution chart, Time Technoplast ranks #96 out of 409 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Time Technoplast has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Time Technoplast's ROC (Joel Greenblatt) % compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Time Technoplast ranks #96 out of 409 companies for ROC (Joel Greenblatt) %. This places Time Technoplast in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.39. Time Technoplast's value of 15.74% is 67.6% above this benchmark. Historically, Time Technoplast's own ROC (Joel Greenblatt) % has ranged from 8.59 to 19.17 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 9.39, Time Technoplast 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 9.39, based on 409 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. Time Technoplast's current ROC (Joel Greenblatt) % of 15.74% is 67.6% 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 Time Technoplast and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Technoplast's current ROC (Joel Greenblatt) % is 15.74%, which is near median its own 10-year median of 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Technoplast stock overvalued right now?
Based on GuruFocus' analysis, Time Technoplast (BOM:532856) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹207.11, compared to a current price of ₹187.05 — trading 9.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.74%, which is near median its 10-year median of 15.05 and 67.6% above the Packaging & Containers industry median of 9.39. Time Technoplast's overall GF Score™ is 83/100. 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 Time Technoplast (BOM:532856), the current ROC (Joel Greenblatt) % is 15.74% 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 Time Technoplast (BOM:532856) Overvalued in 2026?

Based on GuruFocus' analysis, Time Technoplast stock appears to be undervalued. The current stock price of ₹187.05 is trading 9.7% below its estimated GF Value™ of ₹207.11. GuruFocus considers Time Technoplast to be Modestly Undervalued.

Key valuation signals for BOM:532856:

  • ROC (Joel Greenblatt) %: 15.74% (near median its 10-year median of 15.05)
  • GF Value™: ₹207.11 vs. price of ₹187.05 (9.7% below fair value)
  • GF Score™: 83/100
  • Industry Position: 67.6% above the Packaging & Containers median (#96 of 409)

No single metric tells the full story. See the BOM:532856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Time Technoplast Business Description

Other Exchanges TIMETECHNO:India
Address 55, Corporate Avenue, Saki Vihar Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400072
Time Technoplast Ltd is a packaging solutions provider. The company's portfolio consists of technically driven products catering to growing industry segments like Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Infrastructure / Construction-related products, Material Handling Solutions & Composite Cylinders. The Polymer segment is the company's core segment and generates maximum revenues. The Composite products segment provides products such as pressure pipes, prefabricated shelters, and energy storage devices. Apart from India. It has operational footprints in the UAE, Bahrain, Egypt, Thailand, Vietnam, Malaysia, Indonesia, the United States, and Taiwan.
83GF Score

Get the complete analysis for BOM:532856

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹187.05
Price
₹207.11
GF Value