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Jet SolarBOM:538794 58 ROC (Joel Greenblatt) % is 4.34% as of Mar. 2026, which is 182% above its 10-year median of 1.54. GuruFocus rates BOM:538794 with a GF Score™ of 58/100 and a GF Value™ of ₹9.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,755 Real Estate companies, Jet Solar ranks worse than 71.51% 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. Jet Solar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.34%.
The historical rank and industry rank for Jet Solar's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:538794'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.13 Med: 1.54 Max: 7.65
Current: 1.89
During the past 13 years, Jet Solar's highest ROC (Joel Greenblatt) % was 7.65%. The lowest was -4.13%. And the median was 1.54%.
BOM:538794's ROC (Joel Greenblatt) % is ranked worse than 71.51% of 1755
companies
in the Real Estate industry
Industry Median: 13.25
vs BOM:538794: 1.89
Jet Solar's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Jet Solar (BOM:538794) 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.
The historical data trend for Jet Solar'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.
Jet Solar ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Jet Solar'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.
Jet Solar ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Jet Solar's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jet Solar'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 two times the semi-annual (Mar. 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 4.34% mean?
Jet Solar (BOM:538794) has a ROC (Joel Greenblatt) % of 4.34% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Jet Solar and its competitors. This is 182% above median its historical median of 1.54. According to the industry distribution chart, Jet Solar ranks #1255 out of 1755 companies in the Real Estate industry, placing it in the top 71.5%.
Is Jet Solar's ROC (Joel Greenblatt) % too high?
Jet Solar's current ROC (Joel Greenblatt) % of 4.34% is 182% above median its 10-year median of 1.54. The Real Estate industry median ROC (Joel Greenblatt) % is 13.25. Jet Solar's value of 4.34% is 67.2% below this industry median. Based on the distribution chart, Jet Solar ranks #1255 out of 1755 companies in the Real Estate industry, which is below the industry midpoint. Overall, Jet Solar has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet Solar's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Jet Solar ranks #1255 out of 1755 companies for ROC (Joel Greenblatt) %. This places Jet Solar in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.25. Jet Solar's value of 4.34% is 67.2% below this benchmark. While the company's 10-year median is 1.54 vs. the industry median of 13.25, Jet Solar has consistently been below 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.25, based on 1,755 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. Jet Solar's current ROC (Joel Greenblatt) % of 4.34% is 67.2% below 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 Jet Solar and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Solar's current ROC (Joel Greenblatt) % is 4.34%, which is 182% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Solar stock overvalued right now?
Based on GuruFocus' analysis, Jet Solar (BOM:538794) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹9.39, compared to a current price of ₹6.90 — trading 26.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.34%, which is 182% above median its 10-year median of 1.54 and 67.2% below the Real Estate industry median of 13.25. Jet Solar's overall GF Score™ is 58/100 with 4 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 Jet Solar (BOM:538794), the current ROC (Joel Greenblatt) % is 4.34% as of Mar. 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 Jet Solar (BOM:538794) Overvalued in 2026?
Based on GuruFocus' analysis, Jet Solar stock appears to be undervalued.
The current stock price of ₹6.90 is trading 26.5% below its estimated GF Value™ of ₹9.39.
GuruFocus considers Jet Solar to be Modestly Undervalued.
Key valuation signals for BOM:538794:
ROC (Joel Greenblatt) %: 4.34% (182% above median its 10-year median of 1.54)
GF Value™: ₹9.39 vs. price of ₹6.90 (26.5% below fair value)
Industry Position: 67.2% below the Real Estate median (#1255 of 1755)
No single metric tells the full story. See the BOM:538794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jet Solar Ltd focuses on residential projects in the States of Maharashtra and Gujarat by developing projects featuring apt model of execution. The company develops projects on affordable pricing to its prospective customers, without compromising on quality construction. It constructs properties for residential and commercial purposes.
58GF Score
Get the complete analysis for BOM:538794
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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