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Emerald FinanceBOM:538882 -1.02%78 ROC (Joel Greenblatt) % is 2,062.01% as of Jun. 2026, which is 114% above its 10-year median of 963.58. GuruFocus rates BOM:538882 with a GF Score™ of 78/100 and a GF Value™ of ₹102.43 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 420 Credit Services companies, Emerald Finance ranks better than 88.1% 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. Emerald Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2,062.01%.
The historical rank and industry rank for Emerald Finance's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:538882'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 134.34 Med: 963.58 Max: 5564.5
Current: 936.26
During the past 13 years, Emerald Finance's highest ROC (Joel Greenblatt) % was 5564.50%. The lowest was 134.34%. And the median was 963.58%.
BOM:538882's ROC (Joel Greenblatt) % is ranked better than 88.1% of 420
companies
in the Credit Services industry
Industry Median: 32.21
vs BOM:538882: 936.26
Emerald Finance's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.50% 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.
Emerald Finance ROC (Joel Greenblatt) % Related Terms
Emerald Finance ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Emerald Finance'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:538882 vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, Emerald Finance'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.
Emerald Finance ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Emerald Finance's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Emerald Finance'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 2,062.01% mean?
Emerald Finance (BOM:538882) has a ROC (Joel Greenblatt) % of 2,062.01% 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 Emerald Finance and its competitors. This is 114% above median its historical median of 963.58. Over the past decade, Emerald Finance's ROC (Joel Greenblatt) % has ranged from 134.34 to 5,564.50. According to the industry distribution chart, Emerald Finance ranks #50 out of 420 companies in the Credit Services industry, placing it in the top 11.9%.
Is Emerald Finance's ROC (Joel Greenblatt) % too high?
Emerald Finance's current ROC (Joel Greenblatt) % of 2,062.01% is 114% above median its 10-year median of 963.58. Over the past 10 years, this metric has ranged from a low of 134.34 to a high of 5,564.50. The Credit Services industry median ROC (Joel Greenblatt) % is 32.21. Emerald Finance's value of 2,062.01% is 6301.8% above this industry median. Based on the distribution chart, Emerald Finance ranks #50 out of 420 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Emerald Finance has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emerald Finance's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Emerald Finance ranks #50 out of 420 companies for ROC (Joel Greenblatt) %. This places Emerald Finance in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 32.21. Emerald Finance's value of 2,062.01% is 6301.8% above this benchmark. Historically, Emerald Finance's own ROC (Joel Greenblatt) % has ranged from 134.34 to 5,564.50 over the past decade. While the company's 10-year median is 963.58 vs. the industry median of 32.21, Emerald Finance 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 32.21, based on 420 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. Emerald Finance's current ROC (Joel Greenblatt) % of 2,062.01% is 6301.8% 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 Emerald Finance and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 32.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Finance's current ROC (Joel Greenblatt) % is 2,062.01%, which is 114% above median its own 10-year median of 963.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Finance stock overvalued right now?
Based on GuruFocus' analysis, Emerald Finance (BOM:538882) is currently considered Possible Value Trap. The stock's GF Value™ is ₹102.43, compared to a current price of ₹50.68 — trading 50.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2,062.01%, which is 114% above median its 10-year median of 963.58 and 6301.8% above the Credit Services industry median of 32.21. Emerald Finance's overall GF Score™ is 78/100 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 Emerald Finance (BOM:538882), the current ROC (Joel Greenblatt) % is 2,062.01% 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 Emerald Finance (BOM:538882) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Finance stock appears to be undervalued.
The current stock price of ₹50.68 is trading 50.5% below its estimated GF Value™ of ₹102.43.
GuruFocus considers Emerald Finance to be Possible Value Trap.
Key valuation signals for BOM:538882:
ROC (Joel Greenblatt) %: 2,062.01% (114% above median its 10-year median of 963.58)
GF Value™: ₹102.43 vs. price of ₹50.68 (50.5% below fair value)
Industry Position: 6301.8% above the Credit Services median (#50 of 420)
No single metric tells the full story. See the BOM:538882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Finance Ltd operates as a non-banking financial company focused on retail and micro, small, and medium enterprise (MSME) lending. The company acts as a loan origination platform for multiple financial institutions, providing a broad range of financial products including personal loans, business loans, home loans, and early wage access through digital channels. It serves customers mainly in northern and western regions of India, leveraging partnerships with banks and fintech platforms to reach diverse client segments. Revenue is generated from loan disbursements, interest income, and brokerage fees earned by facilitating lending through its network and technology-driven platforms.
78GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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