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Cochin ShipyardBOM:540678 -0.58%92 ROC (Joel Greenblatt) % is 18.29% as of Jun. 2026, which is 45% below its 10-year median of 33.13. GuruFocus rates BOM:540678 with a GF Score™ of 92/100 and a GF Value™ of ₹1,710.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 360 Aerospace & Defense companies, Cochin Shipyard ranks better than 64.17% 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. Cochin Shipyard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 18.29%.
The historical rank and industry rank for Cochin Shipyard's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:540678'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.49 Med: 33.13 Max: 148.97
Current: 23.96
During the past 13 years, Cochin Shipyard's highest ROC (Joel Greenblatt) % was 148.97%. The lowest was 15.49%. And the median was 33.13%.
BOM:540678's ROC (Joel Greenblatt) % is ranked better than 64.17% of 360
companies
in the Aerospace & Defense industry
Industry Median: 10.79
vs BOM:540678: 23.96
Cochin Shipyard's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.70% 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.
Cochin Shipyard ROC (Joel Greenblatt) % Related Terms
Cochin Shipyard ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Cochin Shipyard'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:540678 vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Cochin Shipyard'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.
Cochin Shipyard ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cochin Shipyard'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 18.29% mean?
Cochin Shipyard (BOM:540678) has a ROC (Joel Greenblatt) % of 18.29% 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 Cochin Shipyard and its competitors. This is 45% below median its historical median of 33.13. Over the past decade, Cochin Shipyard's ROC (Joel Greenblatt) % has ranged from 15.49 to 148.97. According to the industry distribution chart, Cochin Shipyard ranks #129 out of 360 companies in the Aerospace & Defense industry, placing it in the top 35.8%.
Is Cochin Shipyard's ROC (Joel Greenblatt) % too high?
Cochin Shipyard's current ROC (Joel Greenblatt) % of 18.29% is 45% below median its 10-year median of 33.13. Over the past 10 years, this metric has ranged from a low of 15.49 to a high of 148.97. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.79. Cochin Shipyard's value of 18.29% is 69.5% above this industry median. Based on the distribution chart, Cochin Shipyard ranks #129 out of 360 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Cochin Shipyard has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cochin Shipyard's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cochin Shipyard ranks #129 out of 360 companies for ROC (Joel Greenblatt) %. This puts Cochin Shipyard in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.79. Cochin Shipyard's value of 18.29% is 69.5% above this benchmark. Historically, Cochin Shipyard's own ROC (Joel Greenblatt) % has ranged from 15.49 to 148.97 over the past decade. While the company's 10-year median is 33.13 vs. the industry median of 10.79, Cochin Shipyard 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 Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.79, based on 360 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. Cochin Shipyard's current ROC (Joel Greenblatt) % of 18.29% is 69.5% 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 Cochin Shipyard and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cochin Shipyard's current ROC (Joel Greenblatt) % is 18.29%, which is 45% below median its own 10-year median of 33.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cochin Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Cochin Shipyard (BOM:540678) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,710.58, compared to a current price of ₹1,534.00 — trading 10.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.29%, which is 45% below median its 10-year median of 33.13 and 69.5% above the Aerospace & Defense industry median of 10.79. Cochin Shipyard's overall GF Score™ is 92/100 with 5 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 Cochin Shipyard (BOM:540678), the current ROC (Joel Greenblatt) % is 18.29% 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 Cochin Shipyard (BOM:540678) Overvalued in 2026?
Based on GuruFocus' analysis, Cochin Shipyard stock appears to be undervalued.
The current stock price of ₹1,534.00 is trading 10.3% below its estimated GF Value™ of ₹1,710.58.
GuruFocus considers Cochin Shipyard to be Modestly Undervalued.
Key valuation signals for BOM:540678:
ROC (Joel Greenblatt) %: 18.29% (45% below median its 10-year median of 33.13)
GF Value™: ₹1,710.58 vs. price of ₹1,534.00 (10.3% below fair value)
Industry Position: 69.5% above the Aerospace & Defense median (#129 of 360)
No single metric tells the full story. See the BOM:540678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.
92GF Score
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