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Shree Ajit Pulp And PaperBOM:538795 +1.84%75 ROC (Joel Greenblatt) % is 17.30% as of Mar. 2026, which is 40% above its 10-year median of 12.33. GuruFocus rates BOM:538795 with a GF Score™ of 75/100 and a GF Value™ of ₹363.29 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 285 Forest Products companies, Shree Ajit Pulp And Paper ranks better than 83.16% 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. Shree Ajit Pulp And Paper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.30%.
The historical rank and industry rank for Shree Ajit Pulp And Paper's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:538795'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.19 Med: 12.33 Max: 22.79
Current: 13.91
During the past 13 years, Shree Ajit Pulp And Paper's highest ROC (Joel Greenblatt) % was 22.79%. The lowest was 4.19%. And the median was 12.33%.
BOM:538795's ROC (Joel Greenblatt) % is ranked better than 83.16% of 285
companies
in the Forest Products industry
Industry Median: 4.72
vs BOM:538795: 13.91
Shree Ajit Pulp And Paper's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.50% per year.
Shree Ajit Pulp And Paper (BOM:538795) 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.
Shree Ajit Pulp And Paper ROC (Joel Greenblatt) % Related Terms
Shree Ajit Pulp And Paper ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Shree Ajit Pulp And Paper'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.
Shree Ajit Pulp And Paper ROC (Joel Greenblatt) % Chart
Shree Ajit Pulp And Paper ROC (Joel Greenblatt) % Competitor Comparison
For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.
Shree Ajit Pulp And Paper ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shree Ajit Pulp And Paper's ROC (Joel Greenblatt) % falls into.
Shree Ajit Pulp And Paper 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 (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 17.30% mean?
Shree Ajit Pulp And Paper (BOM:538795) has a ROC (Joel Greenblatt) % of 17.30% 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 Shree Ajit Pulp And Paper and its competitors. This is 40% above median its historical median of 12.33. Over the past decade, Shree Ajit Pulp And Paper's ROC (Joel Greenblatt) % has ranged from 4.19 to 22.79. According to the industry distribution chart, Shree Ajit Pulp And Paper ranks #48 out of 285 companies in the Forest Products industry, placing it in the top 16.8%.
Is Shree Ajit Pulp And Paper's ROC (Joel Greenblatt) % too high?
Shree Ajit Pulp And Paper's current ROC (Joel Greenblatt) % of 17.30% is 40% above median its 10-year median of 12.33. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 22.79. The Forest Products industry median ROC (Joel Greenblatt) % is 4.72. Shree Ajit Pulp And Paper's value of 17.30% is 266.5% above this industry median. Based on the distribution chart, Shree Ajit Pulp And Paper ranks #48 out of 285 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shree Ajit Pulp And Paper has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shree Ajit Pulp And Paper's ROC (Joel Greenblatt) % compare to competitors?
According to the Forest Products industry distribution chart, Shree Ajit Pulp And Paper ranks #48 out of 285 companies for ROC (Joel Greenblatt) %. This places Shree Ajit Pulp And Paper in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.72. Shree Ajit Pulp And Paper's value of 17.30% is 266.5% above this benchmark. Historically, Shree Ajit Pulp And Paper's own ROC (Joel Greenblatt) % has ranged from 4.19 to 22.79 over the past decade. While the company's 10-year median is 12.33 vs. the industry median of 4.72, Shree Ajit Pulp And Paper 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.72, based on 285 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. Shree Ajit Pulp And Paper's current ROC (Joel Greenblatt) % of 17.30% is 266.5% 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 Shree Ajit Pulp And Paper and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Ajit Pulp And Paper's current ROC (Joel Greenblatt) % is 17.30%, which is 40% above median its own 10-year median of 12.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Ajit Pulp And Paper stock overvalued right now?
Based on GuruFocus' analysis, Shree Ajit Pulp And Paper (BOM:538795) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹363.29, compared to a current price of ₹293.25 — trading 19.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.30%, which is 40% above median its 10-year median of 12.33 and 266.5% above the Forest Products industry median of 4.72. Shree Ajit Pulp And Paper's overall GF Score™ is 75/100 with 7 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 Shree Ajit Pulp And Paper (BOM:538795), the current ROC (Joel Greenblatt) % is 17.30% 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 Shree Ajit Pulp And Paper (BOM:538795) Overvalued in 2026?
Based on GuruFocus' analysis, Shree Ajit Pulp And Paper stock appears to be undervalued.
The current stock price of ₹293.25 is trading 19.3% below its estimated GF Value™ of ₹363.29.
GuruFocus considers Shree Ajit Pulp And Paper to be Modestly Undervalued.
Key valuation signals for BOM:538795:
ROC (Joel Greenblatt) %: 17.30% (40% above median its 10-year median of 12.33)
GF Value™: ₹363.29 vs. price of ₹293.25 (19.3% below fair value)
Industry Position: 266.5% above the Forest Products median (#48 of 285)
No single metric tells the full story. See the BOM:538795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of Kraft Paper (Testliner/Multilayer Testliner), which is mainly used for the manufacturing of corrugated boxes. The product includes multilayer test liner and test liner paper, and is available in two shades, which are natural and golden yellow. The Kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material. Geographically, the company derives all of its revenue from its business in India.
75GF Score
Get the complete analysis for BOM:538795
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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