Parag Milk Food (BOM:539889) ROC (Joel Greenblatt) %: 13.64% (As of Jun. 2026) — Near Median

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BOM:539889 Parag Milk Food Ltd BOM:539889
79 GF Score
Price ₹255.00
GF Value ₹247.55
Valuation Fairly Valued
! 2 Warning Signs
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What is Parag Milk Food ROC (Joel Greenblatt) %?

Parag Milk Food BOM:539889 +7.53% 79 ROC (Joel Greenblatt) % is 13.64% as of Jun. 2026, which is 7% below its 10-year median of 14.74. GuruFocus rates BOM:539889 with a GF Score™ of 79/100 and a GF Value™ of ₹247.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,985 Consumer Packaged Goods companies, Parag Milk Food ranks better than 59.55% 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. Parag Milk Food's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 13.64%.

The historical rank and industry rank for Parag Milk Food's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:539889' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -46.35   Med: 14.74   Max: 21.09
Current: 16.03

During the past 13 years, Parag Milk Food's highest ROC (Joel Greenblatt) % was 21.09%. The lowest was -46.35%. And the median was 14.74%.

BOM:539889's ROC (Joel Greenblatt) % is ranked better than
59.55% of 1985 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs BOM:539889: 16.03

Parag Milk Food's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Parag Milk Food  (BOM:539889) 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.


Parag Milk Food ROC (Joel Greenblatt) % Related Terms


Parag Milk Food ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Parag Milk Food'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.

Parag Milk Food ROC (Joel Greenblatt) % Chart

Parag Milk Food 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 -46.35 10.24 13.31 17.24 16.46

Parag Milk Food 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 14.68 17.96 13.59 16.17 13.64

BOM:539889 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Parag Milk Food'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.


Parag Milk Food ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parag Milk Food's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Parag Milk Food's ROC (Joel Greenblatt) % falls into.


BOM:539889
79GF Score
Parag Milk Food Ltd BOM:539889
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parag Milk Food 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)
=(2445.1 + 7303 + 3381.1) - (2670 + 0 + 1126.9)
=9332.3

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 Parag Milk Food 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 )
=2047.6/( ( (5674.9 + max(9332.3, 0)) + (0 + max(0, 0)) )/ 1 )
=2047.6/( ( 15007.2 + 0 )/ 1 )
=2047.6/15007.2
=13.64 %

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 13.64% mean?
Parag Milk Food (BOM:539889) has a ROC (Joel Greenblatt) % of 13.64% 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 Parag Milk Food and its competitors. This is near median its historical median of 14.74. According to the industry distribution chart, Parag Milk Food ranks #803 out of 1985 companies in the Consumer Packaged Goods industry, placing it in the top 40.5%.
Is Parag Milk Food's ROC (Joel Greenblatt) % too high?
Parag Milk Food's current ROC (Joel Greenblatt) % of 13.64% is near median its 10-year median of 14.74. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Parag Milk Food's value of 13.64% is 13.8% above this industry median. Based on the distribution chart, Parag Milk Food ranks #803 out of 1985 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Parag Milk Food has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parag Milk Food's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Parag Milk Food ranks #803 out of 1985 companies for ROC (Joel Greenblatt) %. This puts Parag Milk Food in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Parag Milk Food's value of 13.64% is 13.8% above this benchmark. While the company's 10-year median is 14.74 vs. the industry median of 11.99, Parag Milk Food 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,985 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. Parag Milk Food's current ROC (Joel Greenblatt) % of 13.64% is 13.8% 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 Parag Milk Food and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parag Milk Food's current ROC (Joel Greenblatt) % is 13.64%, which is near median its own 10-year median of 14.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parag Milk Food stock overvalued right now?
Based on GuruFocus' analysis, Parag Milk Food (BOM:539889) is currently considered Fairly Valued. The stock's GF Value™ is ₹247.55, compared to a current price of ₹255.00 — trading 3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.64%, which is near median its 10-year median of 14.74 and 13.8% above the Consumer Packaged Goods industry median of 11.99. Parag Milk Food's overall GF Score™ is 79/100 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 Parag Milk Food (BOM:539889), the current ROC (Joel Greenblatt) % is 13.64% 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 Parag Milk Food (BOM:539889) Overvalued in 2026?

Based on GuruFocus' analysis, Parag Milk Food stock appears to be overvalued. The current stock price of ₹255.00 is trading 3% above its estimated GF Value™ of ₹247.55. GuruFocus considers Parag Milk Food to be Fairly Valued.

Key valuation signals for BOM:539889:

  • ROC (Joel Greenblatt) %: 13.64% (near median its 10-year median of 14.74)
  • GF Value™: ₹247.55 vs. price of ₹255.00 (3% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 13.8% above the Consumer Packaged Goods median (#803 of 1985)

No single metric tells the full story. See the BOM:539889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Parag Milk Food Business Description

Other Exchanges PARAGMILK:India
Address Nariman Point, 10th Floor Nirmal Building, Mumbai, MH, IND, 400021
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.
79GF Score

Get the complete analysis for BOM:539889

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

₹255.00
Price
₹247.55
GF Value