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JTL DefenceBOM:537254 +4.99%37 ROC (Joel Greenblatt) % is -2.14% as of Jun. 2026. GuruFocus rates BOM:537254 with a GF Score™ of 37/100 and a GF Value™ of ₹52.56 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,507 Metals & Mining companies, JTL Defence ranks better than 75.19% 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. JTL Defence's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -2.14%.
The historical rank and industry rank for JTL Defence's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:537254'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -66.06 Med: -11.46 Max: 22.35
Current: 1.83
During the past 13 years, JTL Defence's highest ROC (Joel Greenblatt) % was 22.35%. The lowest was -66.06%. And the median was -11.46%.
BOM:537254's ROC (Joel Greenblatt) % is ranked better than 75.19% of 2507
companies
in the Metals & Mining industry
Industry Median: -22.09
vs BOM:537254: 1.83
JTL Defence'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.
JTL Defence ROC (Joel Greenblatt) % Historical Data
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The historical data trend for JTL Defence'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:537254 vs SCCO, FCX: ROC (Joel Greenblatt) % Comparison
For the Copper subindustry, JTL Defence'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.
JTL Defence ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, JTL Defence's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where JTL Defence'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 -2.14% mean?
JTL Defence (BOM:537254) has a ROC (Joel Greenblatt) % of -2.14% 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 JTL Defence and its competitors. According to the industry distribution chart, JTL Defence ranks #622 out of 2507 companies in the Metals & Mining industry, placing it in the top 24.8%.
Is JTL Defence's ROC (Joel Greenblatt) % too high?
JTL Defence's current ROC (Joel Greenblatt) % is -2.14%. Based on the distribution chart, JTL Defence ranks #622 out of 2507 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, JTL Defence has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's ROC (Joel Greenblatt) % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, JTL Defence ranks #622 out of 2507 companies for ROC (Joel Greenblatt) %. This places JTL Defence in the top 25% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 JTL Defence and its competitors. JTL Defence's current ROC (Joel Greenblatt) % is -2.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹52.56, compared to a current price of ₹619.05 — trading 1077.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is -2.14%. JTL Defence's overall GF Score™ is 37/100 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 JTL Defence (BOM:537254), the current ROC (Joel Greenblatt) % is -2.14% 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 JTL Defence (BOM:537254) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued.
The current stock price of ₹619.05 is trading 1077.8% above its estimated GF Value™ of ₹52.56.
GuruFocus considers JTL Defence to be Significantly Overvalued.
Key valuation signals for BOM:537254:
ROC (Joel Greenblatt) %: -2.14%
GF Value™: ₹52.56 vs. price of ₹619.05 (1077.8% above fair value)
No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
37GF Score
Get the complete analysis for BOM:537254
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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