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Vanta BioscienceBOM:540729 51 ROC (Joel Greenblatt) % is 22.02% as of Mar. 2026, which is 507% above its 10-year median of 3.63. GuruFocus rates BOM:540729 with a GF Score™ of 51/100 and a GF Value™ of ₹11.68 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 212 Medical Diagnostics & Research companies, Vanta Bioscience ranks better than 56.13% 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. Vanta Bioscience's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.02%.
The historical rank and industry rank for Vanta Bioscience's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:540729'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.87 Med: 3.63 Max: 12.13
Current: 3.29
During the past 10 years, Vanta Bioscience's highest ROC (Joel Greenblatt) % was 12.13%. The lowest was -10.87%. And the median was 3.63%.
BOM:540729's ROC (Joel Greenblatt) % is ranked better than 56.13% of 212
companies
in the Medical Diagnostics & Research industry
Industry Median: -1.835
vs BOM:540729: 3.29
Vanta Bioscience's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Vanta Bioscience ROC (Joel Greenblatt) % Related Terms
Vanta Bioscience ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Vanta Bioscience'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:540729 vs TMO, DHR, NTRA: ROC (Joel Greenblatt) % Comparison
For the Diagnostics & Research subindustry, Vanta Bioscience'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.
Vanta Bioscience ROC (Joel Greenblatt) % vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Vanta Bioscience's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vanta Bioscience'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 two times the semi-annual (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 22.02% mean?
Vanta Bioscience (BOM:540729) has a ROC (Joel Greenblatt) % of 22.02% 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 Vanta Bioscience and its competitors. This is 507% above median its historical median of 3.63. According to the industry distribution chart, Vanta Bioscience ranks #93 out of 212 companies in the Medical Diagnostics & Research industry, placing it in the top 43.9%.
Is Vanta Bioscience's ROC (Joel Greenblatt) % too high?
Vanta Bioscience's current ROC (Joel Greenblatt) % of 22.02% is 507% above median its 10-year median of 3.63. Based on the distribution chart, Vanta Bioscience ranks #93 out of 212 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Vanta Bioscience has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vanta Bioscience's ROC (Joel Greenblatt) % compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Vanta Bioscience ranks #93 out of 212 companies for ROC (Joel Greenblatt) %. This puts Vanta Bioscience in the upper half of its industry. 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 Medical Diagnostics & Research company?
A good ROC (Joel Greenblatt) % depends on the Medical Diagnostics & Research industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Vanta Bioscience and its competitors. Vanta Bioscience's current ROC (Joel Greenblatt) % is 22.02%, which is 507% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanta Bioscience stock overvalued right now?
Based on GuruFocus' analysis, Vanta Bioscience (BOM:540729) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.68, compared to a current price of ₹19.64 — trading 68.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.02%, which is 507% above median its 10-year median of 3.63. Vanta Bioscience's overall GF Score™ is 51/100 with 9 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 Vanta Bioscience (BOM:540729), the current ROC (Joel Greenblatt) % is 22.02% 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 Vanta Bioscience (BOM:540729) Overvalued in 2026?
Based on GuruFocus' analysis, Vanta Bioscience stock appears to be overvalued.
The current stock price of ₹19.64 is trading 68.2% above its estimated GF Value™ of ₹11.68.
GuruFocus considers Vanta Bioscience to be Significantly Overvalued.
Key valuation signals for BOM:540729:
ROC (Joel Greenblatt) %: 22.02% (507% above median its 10-year median of 3.63)
GF Value™: ₹11.68 vs. price of ₹19.64 (68.2% above fair value)
No single metric tells the full story. See the BOM:540729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanta Bioscience Ltd is a full-service preclinical contract research organization based in Chennai, India, providing preclinical safety assessment services for the pharmaceutical, medical devices, nutraceuticals, biotech, agrochemicals, cosmetics, chemical, and feed additive industries. Established as a center of excellence in GLP-compliant toxicology and safety assessment, the company supports clients through toxicology studies, batch release tests, biocompatibility evaluations, agro-chemical and chemical safety assessments, and diet formulation services. It also offers testing and contract research services in clinical and pre-clinical research, biopharma studies, analytical testing, and environmental assessments.
51GF Score
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