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GTV EngineeringBOM:539479 +2.52%75 ROC (Joel Greenblatt) % is 43.84% as of Jun. 2026, which is 302% above its 10-year median of 10.91. GuruFocus rates BOM:539479 with a GF Score™ of 75/100 and a GF Value™ of ₹49.95 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,081 Industrial Products companies, GTV Engineering ranks better than 96.04% 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. GTV Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 43.84%.
The historical rank and industry rank for GTV Engineering's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:539479'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.73 Med: 10.91 Max: 92.28
Current: 92.28
During the past 5 years, GTV Engineering's highest ROC (Joel Greenblatt) % was 92.28%. The lowest was 5.73%. And the median was 10.91%.
BOM:539479's ROC (Joel Greenblatt) % is ranked better than 96.04% of 3081
companies
in the Industrial Products industry
Industry Median: 12
vs BOM:539479: 92.28
GTV Engineering's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 64.10% 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.
GTV Engineering ROC (Joel Greenblatt) % Related Terms
GTV Engineering ROC (Joel Greenblatt) % Historical Data
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The historical data trend for GTV Engineering'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:539479 vs ATI, CRS, MLI: ROC (Joel Greenblatt) % Comparison
For the Metal Fabrication subindustry, GTV Engineering'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.
GTV Engineering ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GTV Engineering's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GTV Engineering'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 43.84% mean?
GTV Engineering (BOM:539479) has a ROC (Joel Greenblatt) % of 43.84% 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 GTV Engineering and its competitors. This is 302% above median its historical median of 10.91. Over the past decade, GTV Engineering's ROC (Joel Greenblatt) % has ranged from 5.73 to 92.28. According to the industry distribution chart, GTV Engineering ranks #122 out of 3081 companies in the Industrial Products industry, placing it in the top 4%.
Is GTV Engineering's ROC (Joel Greenblatt) % too high?
GTV Engineering's current ROC (Joel Greenblatt) % of 43.84% is 302% above median its 10-year median of 10.91. Over the past 10 years, this metric has ranged from a low of 5.73 to a high of 92.28. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.00. GTV Engineering's value of 43.84% is 265.3% above this industry median. Based on the distribution chart, GTV Engineering ranks #122 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, GTV Engineering has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GTV Engineering's ROC (Joel Greenblatt) % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, GTV Engineering ranks #122 out of 3081 companies for ROC (Joel Greenblatt) %. This places GTV Engineering in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.00. GTV Engineering's value of 43.84% is 265.3% above this benchmark. Historically, GTV Engineering's own ROC (Joel Greenblatt) % has ranged from 5.73 to 92.28 over the past decade. While the company's 10-year median is 10.91 vs. the industry median of 12.00, GTV Engineering 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.00, based on 3,081 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. GTV Engineering's current ROC (Joel Greenblatt) % of 43.84% is 265.3% 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 GTV Engineering and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTV Engineering's current ROC (Joel Greenblatt) % is 43.84%, which is 302% above median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTV Engineering stock overvalued right now?
Based on GuruFocus' analysis, GTV Engineering (BOM:539479) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹49.95, compared to a current price of ₹63.91 — trading 27.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.84%, which is 302% above median its 10-year median of 10.91 and 265.3% above the Industrial Products industry median of 12.00. GTV Engineering's overall GF Score™ is 75/100 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 GTV Engineering (BOM:539479), the current ROC (Joel Greenblatt) % is 43.84% 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 GTV Engineering (BOM:539479) Overvalued in 2026?
Based on GuruFocus' analysis, GTV Engineering stock appears to be overvalued.
The current stock price of ₹63.91 is trading 27.9% above its estimated GF Value™ of ₹49.95.
GuruFocus considers GTV Engineering to be Modestly Overvalued.
Key valuation signals for BOM:539479:
ROC (Joel Greenblatt) %: 43.84% (302% above median its 10-year median of 10.91)
GF Value™: ₹49.95 vs. price of ₹63.91 (27.9% above fair value)
Industry Position: 265.3% above the Industrial Products median (#122 of 3081)
No single metric tells the full story. See the BOM:539479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GTV Engineering Ltd is mainly engaged in steel fabrication. Its product offerings include penstokes, distributor pipes, stator frames, boiler stacks, ball mills, coal bins, stove shells, gas coolers, anchor plates, grit cones, fan blades, etc. The company caters to the heavy engineering needs of its clients across various sectors such as steel, hydro, thermal, cement, mining and minerals, etc. Its primary business segments are: Hi-Tech Fabrication Engineering, Flour Division, and Agro Product Trading. The majority of its revenue is generated from the Hi-Tech Fabrication segment.
75GF Score
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