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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. Maestros Electronics & Telecommunications Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 56.30%.
BOM:538401's ROC (Joel Greenblatt) % is ranked better than 93.43% of 837
companies
in the Medical Devices & Instruments industry
Industry Median: 5.45
vs BOM:538401: 72.17
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.
* 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.
Maestros Electronics & Telecommunications Systems ROC (Joel Greenblatt) % Chart
Maestros Electronics & Telecommunications Systems Annual Data
BOM:538401 vs ABT, SYK, MDT: ROC (Joel Greenblatt) % Comparison
For the Medical Devices subindustry, Maestros Electronics & Telecommunications 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.
Maestros Electronics & Telecommunications Systems ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
Maestros Electronics & Telecommunications 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 56.30% mean?
Maestros Electronics & Telecommunications Systems (BOM:538401) has a ROC (Joel Greenblatt) % of 56.30% 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 Maestros Electronics & Telecommunications Systems and its competitors. This is 49% above median its historical median of 37.87. Over the past decade, Maestros Electronics & Telecommunications Systems' ROC (Joel Greenblatt) % has ranged from 0.29 to 72.17. According to the industry distribution chart, Maestros Electronics & Telecommunications Systems ranks #55 out of 837 companies in the Medical Devices & Instruments industry, placing it in the top 6.6%.
Is Maestros Electronics & Telecommunications Systems' ROC (Joel Greenblatt) % too high?
Maestros Electronics & Telecommunications Systems' current ROC (Joel Greenblatt) % of 56.30% is 49% above median its 10-year median of 37.87. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 72.17. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 5.45. Maestros Electronics & Telecommunications Systems' value of 56.30% is 933% above this industry median. Based on the distribution chart, Maestros Electronics & Telecommunications Systems ranks #55 out of 837 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Maestros Electronics & Telecommunications Systems has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maestros Electronics & Telecommunications Systems' ROC (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Maestros Electronics & Telecommunications Systems ranks #55 out of 837 companies for ROC (Joel Greenblatt) %. This places Maestros Electronics & Telecommunications Systems in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 5.45. Maestros Electronics & Telecommunications Systems' value of 56.30% is 933% above this benchmark. Historically, Maestros Electronics & Telecommunications Systems' own ROC (Joel Greenblatt) % has ranged from 0.29 to 72.17 over the past decade. While the company's 10-year median is 37.87 vs. the industry median of 5.45, Maestros Electronics & Telecommunications 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 5.45, based on 837 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. Maestros Electronics & Telecommunications Systems's current ROC (Joel Greenblatt) % of 56.30% is 933% 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 Maestros Electronics & Telecommunications Systems and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maestros Electronics & Telecommunications Systems's current ROC (Joel Greenblatt) % is 56.30%, which is 49% above median its own 10-year median of 37.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maestros Electronics & Telecommunications Systems stock overvalued right now?
Based on GuruFocus' analysis, Maestros Electronics & Telecommunications Systems (BOM:538401) is currently considered Fairly Valued. The stock's GF Value™ is ₹171.40, compared to a current price of ₹157.00 — trading 8.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 56.30%, which is 49% above median its 10-year median of 37.87 and 933% above the Medical Devices & Instruments industry median of 5.45. Maestros Electronics & Telecommunications Systems' overall GF Score™ is 68/100 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 Maestros Electronics & Telecommunications Systems (BOM:538401), the current ROC (Joel Greenblatt) % is 56.30% 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 Maestros Electronics & Telecommunications Systems (BOM:538401) Overvalued in 2026?
Based on GuruFocus' analysis, Maestros Electronics & Telecommunications Systems stock appears to be undervalued.
The current stock price of ₹157.00 is trading 8.4% below its estimated GF Value™ of ₹171.40.
GuruFocus considers Maestros Electronics & Telecommunications Systems to be Fairly Valued.
Key valuation signals for BOM:538401:
ROC (Joel Greenblatt) %: 56.30% (49% above median its 10-year median of 37.87)
GF Value™: ₹171.40 vs. price of ₹157.00 (8.4% below fair value)
Industry Position: 933% above the Medical Devices & Instruments median (#55 of 837)
No single metric tells the full story. See the BOM:538401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maestros Electronics & Telecommunications Systems Ltd is engaged in the business of manufacturing medical equipment and telemedicine. The company operates through three main segments of business: Medical, Electronics & Instrumentation, and Telemedicine. The company generates the majority of its revenue from the Medical segment. It is a medical diagnostic equipment organisation, dedicated to empowering medical professionals and institutions treating cardiac, gynaecology, and critical care patients nationwide. The group offers a portfolio of products and services, including patient monitors, electrocardiographs, defibrillators, pulse oximeters, fetal monitors, stress test systems, and others.
68GF Score
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