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Goblin IndiaBOM:542850 +9.99%70 ROC (Joel Greenblatt) % is 8.05% as of Mar. 2026, which is 9% below its 10-year median of 8.89. GuruFocus rates BOM:542850 with a GF Score™ of 70/100 and a GF Value™ of ₹42.05 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Goblin India ranks better than 50.52% 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. Goblin India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.05%.
The historical rank and industry rank for Goblin India's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:542850'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.47 Med: 8.89 Max: 28.27
Current: 9.28
During the past 10 years, Goblin India's highest ROC (Joel Greenblatt) % was 28.27%. The lowest was 0.47%. And the median was 8.89%.
BOM:542850's ROC (Joel Greenblatt) % is ranked better than 50.52% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.11
vs BOM:542850: 9.28
Goblin India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 82.30% per year.
Goblin India (BOM:542850) 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.
Goblin India ROC (Joel Greenblatt) % Related Terms
Goblin India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Goblin India'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:542850 vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, Goblin India'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.
Goblin India ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Goblin India'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 8.05% mean?
Goblin India (BOM:542850) has a ROC (Joel Greenblatt) % of 8.05% 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 Goblin India and its competitors. This is near median its historical median of 8.89. Over the past decade, Goblin India's ROC (Joel Greenblatt) % has ranged from 0.47 to 28.27. According to the industry distribution chart, Goblin India ranks #527 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.5%.
Is Goblin India's ROC (Joel Greenblatt) % too high?
Goblin India's current ROC (Joel Greenblatt) % of 8.05% is near median its 10-year median of 8.89. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 28.27. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 9.11. Goblin India's value of 8.05% is 11.6% below this industry median. Based on the distribution chart, Goblin India ranks #527 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Goblin India has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goblin India's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Goblin India ranks #527 out of 1065 companies for ROC (Joel Greenblatt) %. This puts Goblin India in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.11. Goblin India's value of 8.05% is 11.6% below this benchmark. Historically, Goblin India's own ROC (Joel Greenblatt) % has ranged from 0.47 to 28.27 over the past decade. While the company's 10-year median is 8.89 vs. the industry median of 9.11, Goblin India has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 9.11, based on 1,065 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. Goblin India's current ROC (Joel Greenblatt) % of 8.05% is 11.6% below 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 Goblin India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 9.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goblin India's current ROC (Joel Greenblatt) % is 8.05%, which is near median its own 10-year median of 8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goblin India stock overvalued right now?
Based on GuruFocus' analysis, Goblin India (BOM:542850) is currently considered Possible Value Trap. The stock's GF Value™ is ₹42.05, compared to a current price of ₹11.44 — trading 72.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.05%, which is near median its 10-year median of 8.89 and 11.6% below the Manufacturing - Apparel & Accessories industry median of 9.11. Goblin India's overall GF Score™ is 70/100 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 Goblin India (BOM:542850), the current ROC (Joel Greenblatt) % is 8.05% 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 Goblin India (BOM:542850) Overvalued in 2026?
Based on GuruFocus' analysis, Goblin India stock appears to be undervalued.
The current stock price of ₹11.44 is trading 72.8% below its estimated GF Value™ of ₹42.05.
GuruFocus considers Goblin India to be Possible Value Trap.
Key valuation signals for BOM:542850:
ROC (Joel Greenblatt) %: 8.05% (near median its 10-year median of 8.89)
GF Value™: ₹42.05 vs. price of ₹11.44 (72.8% below fair value)
Industry Position: 11.6% below the Manufacturing - Apparel & Accessories median (#527 of 1065)
No single metric tells the full story. See the BOM:542850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goblin India Ltd is engaged in the manufacturing of travel gear solutions. The company offers a variety of Travelling Gears, including Hard Luggage, Soft Luggage, and other accessories like wallets, purses, and travel neck pillows. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories, and corporate gifts. The company's products include office bags, trolley bags, overnight bags, etc.
70GF Score
Get the complete analysis for BOM:542850
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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