Concord Control Systems (BOM:543619) ROC (Joel Greenblatt) %: 49.93% (As of Mar. 2026) — 18% Above Median

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BOM:543619 Concord Control Systems Ltd BOM:543619
89 GF Score
Price ₹2,405.45
GF Value ₹2,098.96
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Concord Control Systems ROC (Joel Greenblatt) %?

Concord Control Systems BOM:543619 -1.96% 89 ROC (Joel Greenblatt) % is 49.93% as of Mar. 2026, which is 18% above its 10-year median of 42.37. GuruFocus rates BOM:543619 with a GF Score™ of 89/100 and a GF Value™ of ₹2,098.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,012 Transportation companies, Concord Control Systems ranks better than 88.44% 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. Concord Control Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 49.93%.

The historical rank and industry rank for Concord Control Systems's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:543619' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 29.09   Med: 42.37   Max: 103.28
Current: 44.48

During the past 7 years, Concord Control Systems's highest ROC (Joel Greenblatt) % was 103.28%. The lowest was 29.09%. And the median was 42.37%.

BOM:543619's ROC (Joel Greenblatt) % is ranked better than
88.44% of 1012 companies
in the Transportation industry
Industry Median: 11.915 vs BOM:543619: 44.48

Concord Control Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.00% per year.


Concord Control Systems  (BOM:543619) 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.


Concord Control Systems ROC (Joel Greenblatt) % Related Terms


Concord Control Systems ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Concord Control Systems'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.

Concord Control Systems ROC (Joel Greenblatt) % Chart

Concord Control Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 42.37 86.58 103.28 52.22 40.07

Concord Control Systems Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 107.38 74.54 45.81 43.97 49.93

BOM:543619 vs UNP, CSX, NSC: ROC (Joel Greenblatt) % Comparison

For the Railroads subindustry, Concord Control Systems'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.


Concord Control Systems ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Concord Control Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Concord Control Systems's ROC (Joel Greenblatt) % falls into.


BOM:543619
89GF Score
Concord Control Systems Ltd BOM:543619
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Concord Control Systems 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(554.548 + 449.454 + 9.3910000000001) - (219.435 + 0 + 28.888)
=765.07

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1211.895 + 885.868 + 118.916) - (461.829 + 0 + 18.147)
=1736.703

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Concord Control Systems for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=759.652/( ( (206.612 + max(765.07, 0)) + (334.223 + max(1736.703, 0)) )/ 2 )
=759.652/( ( 971.682 + 2070.926 )/ 2 )
=759.652/1521.304
=49.93 %

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 49.93% mean?
Concord Control Systems (BOM:543619) has a ROC (Joel Greenblatt) % of 49.93% 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 Concord Control Systems and its competitors. This is 18% above median its historical median of 42.37. Over the past decade, Concord Control Systems' ROC (Joel Greenblatt) % has ranged from 29.09 to 103.28. According to the industry distribution chart, Concord Control Systems ranks #117 out of 1012 companies in the Transportation industry, placing it in the top 11.6%.
Is Concord Control Systems' ROC (Joel Greenblatt) % too high?
Concord Control Systems' current ROC (Joel Greenblatt) % of 49.93% is 18% above median its 10-year median of 42.37. Over the past 10 years, this metric has ranged from a low of 29.09 to a high of 103.28. The Transportation industry median ROC (Joel Greenblatt) % is 11.92. Concord Control Systems' value of 49.93% is 319.1% above this industry median. Based on the distribution chart, Concord Control Systems ranks #117 out of 1012 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Concord Control Systems has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concord Control Systems' ROC (Joel Greenblatt) % compare to UNP and CSX?
According to the Transportation industry distribution chart, Concord Control Systems ranks #117 out of 1012 companies for ROC (Joel Greenblatt) %. This places Concord Control Systems in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.92. Concord Control Systems' value of 49.93% is 319.1% above this benchmark. Historically, Concord Control Systems' own ROC (Joel Greenblatt) % has ranged from 29.09 to 103.28 over the past decade. While the company's 10-year median is 42.37 vs. the industry median of 11.92, Concord Control Systems 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.92, based on 1,012 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. Concord Control Systems's current ROC (Joel Greenblatt) % of 49.93% is 319.1% 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 Concord Control Systems and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Control Systems's current ROC (Joel Greenblatt) % is 49.93%, which is 18% above median its own 10-year median of 42.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Control Systems stock overvalued right now?
Based on GuruFocus' analysis, Concord Control Systems (BOM:543619) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,098.96, compared to a current price of ₹2,405.45 — trading 14.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 49.93%, which is 18% above median its 10-year median of 42.37 and 319.1% above the Transportation industry median of 11.92. Concord Control Systems' overall GF Score™ is 89/100 with 8 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 Concord Control Systems (BOM:543619), the current ROC (Joel Greenblatt) % is 49.93% 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 Concord Control Systems (BOM:543619) Overvalued in 2026?

Based on GuruFocus' analysis, Concord Control Systems stock appears to be overvalued. The current stock price of ₹2,405.45 is trading 14.6% above its estimated GF Value™ of ₹2,098.96. GuruFocus considers Concord Control Systems to be Modestly Overvalued.

Key valuation signals for BOM:543619:

  • ROC (Joel Greenblatt) %: 49.93% (18% above median its 10-year median of 42.37)
  • GF Value™: ₹2,098.96 vs. price of ₹2,405.45 (14.6% above fair value)
  • GF Score™: 89/100 with 8 warning signs
  • Industry Position: 319.1% above the Transportation median (#117 of 1012)

No single metric tells the full story. See the BOM:543619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concord Control Systems Business Description

Address Deva Road, G-36, U.P.S.I.D.C, Industrial Area, Chinhat, Lucknow, UP, IND, 226019
Concord Control Systems Ltd is engaged in the business of Electrical Machinery for Indian Railways and allied products. The group is an Indian Railway/Research, Designs, and Standards Organization (RDSO) approved source for manufacturing various Electric and Electronic ranges of products, and also many more products are under development. Its products are Emergency Light, Fans, Coupler, Battery Chargers, and Control Panels and Distribution Panels. The company operates in a single business and geographical segment, the manufacturing of railway components.
89GF Score

Get the complete analysis for BOM:543619

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

₹2,405.45
Price
₹2,098.96
GF Value