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Persistent SystemsBOM:533179 +0.68%100 ROC (Joel Greenblatt) % is 152.74% as of Jun. 2026, which is 10% above its 10-year median of 139.25. GuruFocus rates BOM:533179 with a GF Score™ of 100/100 and a GF Value™ of ₹7,044.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,822 Software companies, Persistent Systems ranks better than 78.67% 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. Persistent Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 152.74%.
The historical rank and industry rank for Persistent Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:533179'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 107.82 Med: 139.25 Max: 193.11
Current: 148.08
During the past 13 years, Persistent Systems's highest ROC (Joel Greenblatt) % was 193.11%. The lowest was 107.82%. And the median was 139.25%.
BOM:533179's ROC (Joel Greenblatt) % is ranked better than 78.67% of 2822
companies
in the Software industry
Industry Median: 21.33
vs BOM:533179: 148.08
Persistent Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.60% per year.
Persistent Systems (BOM:533179) 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.
Persistent Systems ROC (Joel Greenblatt) % Related Terms
Persistent Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Persistent Systems'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:533179 vs IBM, ACN, CTSH: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Persistent Systems'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.
Persistent Systems ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Persistent Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Persistent Systems's ROC (Joel Greenblatt) % falls into.
Persistent Systems 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 152.74% mean?
Persistent Systems (BOM:533179) has a ROC (Joel Greenblatt) % of 152.74% 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 Persistent Systems and its competitors. This is 10% above median its historical median of 139.25. Over the past decade, Persistent Systems' ROC (Joel Greenblatt) % has ranged from 107.82 to 193.11. According to the industry distribution chart, Persistent Systems ranks #602 out of 2822 companies in the Software industry, placing it in the top 21.3%.
Is Persistent Systems' ROC (Joel Greenblatt) % too high?
Persistent Systems' current ROC (Joel Greenblatt) % of 152.74% is 10% above median its 10-year median of 139.25. Over the past 10 years, this metric has ranged from a low of 107.82 to a high of 193.11. The Software industry median ROC (Joel Greenblatt) % is 21.33. Persistent Systems' value of 152.74% is 616.1% above this industry median. Based on the distribution chart, Persistent Systems ranks #602 out of 2822 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Persistent Systems has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persistent Systems' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Persistent Systems ranks #602 out of 2822 companies for ROC (Joel Greenblatt) %. This places Persistent Systems in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.33. Persistent Systems' value of 152.74% is 616.1% above this benchmark. Historically, Persistent Systems' own ROC (Joel Greenblatt) % has ranged from 107.82 to 193.11 over the past decade. While the company's 10-year median is 139.25 vs. the industry median of 21.33, Persistent Systems 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 21.33, based on 2,822 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. Persistent Systems's current ROC (Joel Greenblatt) % of 152.74% is 616.1% 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 Persistent Systems and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 21.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persistent Systems's current ROC (Joel Greenblatt) % is 152.74%, which is 10% above median its own 10-year median of 139.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistent Systems stock overvalued right now?
Based on GuruFocus' analysis, Persistent Systems (BOM:533179) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹7,044.67, compared to a current price of ₹5,537.45 — trading 21.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 152.74%, which is 10% above median its 10-year median of 139.25 and 616.1% above the Software industry median of 21.33. Persistent Systems' overall GF Score™ is 100/100 with 2 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 Persistent Systems (BOM:533179), the current ROC (Joel Greenblatt) % is 152.74% 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 Persistent Systems (BOM:533179) Overvalued in 2026?
Based on GuruFocus' analysis, Persistent Systems stock appears to be undervalued.
The current stock price of ₹5,537.45 is trading 21.4% below its estimated GF Value™ of ₹7,044.67.
GuruFocus considers Persistent Systems to be Modestly Undervalued.
Key valuation signals for BOM:533179:
ROC (Joel Greenblatt) %: 152.74% (10% above median its 10-year median of 139.25)
GF Value™: ₹7,044.67 vs. price of ₹5,537.45 (21.4% below fair value)
Industry Position: 616.1% above the Software median (#602 of 2822)
No single metric tells the full story. See the BOM:533179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end market: Software, Hi-Tech, and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. The majority of the firm's revenue gets derived from the Software, Hi-Tech, and Emerging Industries segments.
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