City Online Services (BOM:538674) ROC (Joel Greenblatt) %: -9.16% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:538674 City Online Services Ltd BOM:538674
54 GF Score
Price ₹7.15
GF Value ₹5.91
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is City Online Services ROC (Joel Greenblatt) %?

City Online Services BOM:538674 54 ROC (Joel Greenblatt) % is -9.16% as of Jun. 2026. GuruFocus rates BOM:538674 with a GF Score™ of 54/100 and a GF Value™ of ₹5.91 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 370 Telecommunication Services companies, City Online Services ranks worse than 83.24% 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. City Online Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -9.16%.

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

BOM:538674' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -106.71   Med: -10.94   Max: 28.04
Current: -11.52

During the past 13 years, City Online Services's highest ROC (Joel Greenblatt) % was 28.04%. The lowest was -106.71%. And the median was -10.94%.

BOM:538674's ROC (Joel Greenblatt) % is ranked worse than
83.24% of 370 companies
in the Telecommunication Services industry
Industry Median: 17.03 vs BOM:538674: -11.52

City Online Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


City Online Services  (BOM:538674) 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.


City Online Services ROC (Joel Greenblatt) % Related Terms


City Online Services ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for City Online Services'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.

City Online Services ROC (Joel Greenblatt) % Chart

City Online Services 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 -24.35 28.04 14.42 22.51 -5.37

City Online Services 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 -5.83 -63.46 -26.20 2.04 -9.16

BOM:538674 vs VZ, TMUS, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, City Online Services'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.


City Online Services ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, City Online Services's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where City Online Services's ROC (Joel Greenblatt) % falls into.


BOM:538674
54GF Score
City Online Services Ltd BOM:538674
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

City Online Services 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)
=(10.203 + 0.582 + 7.531) - (23.806 + 0 + 24.741)
=-30.231

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 City Online Services 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 )
=-7.412/( ( (80.914 + max(-30.231, 0)) + (0 + max(0, 0)) )/ 1 )
=-7.412/( ( 80.914 + 0 )/ 1 )
=-7.412/80.914
=-9.16 %

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 -9.16% mean?
City Online Services (BOM:538674) has a ROC (Joel Greenblatt) % of -9.16% 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 City Online Services and its competitors. According to the industry distribution chart, City Online Services ranks #308 out of 370 companies in the Telecommunication Services industry, placing it in the top 83.2%.
Is City Online Services' ROC (Joel Greenblatt) % too high?
City Online Services' current ROC (Joel Greenblatt) % is -9.16%. Based on the distribution chart, City Online Services ranks #308 out of 370 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, City Online Services has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Online Services' ROC (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, City Online Services ranks #308 out of 370 companies for ROC (Joel Greenblatt) %. This places City Online Services in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 17.03. 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 17.03, based on 370 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. 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 City Online Services and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 17.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Online Services's current ROC (Joel Greenblatt) % is -9.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Online Services stock overvalued right now?
Based on GuruFocus' analysis, City Online Services (BOM:538674) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹5.91, compared to a current price of ₹7.15 — trading 21% above its estimated fair value. The current ROC (Joel Greenblatt) % is -9.16%. City Online Services' overall GF Score™ is 54/100 with 3 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 City Online Services (BOM:538674), the current ROC (Joel Greenblatt) % is -9.16% 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 City Online Services (BOM:538674) Overvalued in 2026?

Based on GuruFocus' analysis, City Online Services stock appears to be overvalued. The current stock price of ₹7.15 is trading 21% above its estimated GF Value™ of ₹5.91. GuruFocus considers City Online Services to be Modestly Overvalued.

Key valuation signals for BOM:538674:

  • ROC (Joel Greenblatt) %: -9.16%
  • GF Value™: ₹5.91 vs. price of ₹7.15 (21% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the BOM:538674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


City Online Services Business Description

Address Aditya Trade Cente, 701, 7th Floor, Ameerpet, Hyderabad, TG, IND, 500 038
City Online Services Ltd provides internet-based services, including internet bandwidth, digital television, data center solutions, Voice over Internet Protocol services, WiFi, and real-time data, voice, and video solutions. The company serves diverse sectors such as corporate clients, media companies, hospitality, and residential complexes. Its operations focus on both wired and wireless internet connectivity, web hosting, server co-location, video streaming, and webcasting services. With a presence prominently in India across states like Andhra Pradesh and Karnataka, it generates revenue through subscription and service fees for its internet and digital communication offerings. The company also delivers triple play services that combine internet, telephone, and direct-to-home television.
54GF Score

Get the complete analysis for BOM:538674

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

₹7.15
Price
₹5.91
GF Value