Sula Vineyards (BOM:543711) ROC (Joel Greenblatt) %: 8.36% (As of Mar. 2026) — 42% Below Median

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BOM:543711 Sula Vineyards Ltd BOM:543711
68 GF Score
Price ₹162.90
GF Value ₹443.59
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Sula Vineyards ROC (Joel Greenblatt) %?

Sula Vineyards BOM:543711 -1.63% 68 ROC (Joel Greenblatt) % is 8.36% as of Mar. 2026, which is 42% below its 10-year median of 14.36. GuruFocus rates BOM:543711 with a GF Score™ of 68/100 and a GF Value™ of ₹443.59 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Sula Vineyards ranks worse than 59.72% 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. Sula Vineyards's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.36%.

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

BOM:543711' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.11   Med: 14.36   Max: 21.25
Current: 7.55

During the past 7 years, Sula Vineyards's highest ROC (Joel Greenblatt) % was 21.25%. The lowest was 2.11%. And the median was 14.36%.

BOM:543711's ROC (Joel Greenblatt) % is ranked worse than
59.72% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 12.3 vs BOM:543711: 7.55

Sula Vineyards's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.60% per year.


Sula Vineyards  (BOM:543711) 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.


Sula Vineyards ROC (Joel Greenblatt) % Related Terms


Sula Vineyards ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sula Vineyards'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.

Sula Vineyards ROC (Joel Greenblatt) % Chart

Sula Vineyards Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 15.63 20.59 21.25 14.36 7.16

Sula Vineyards Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.34 4.54 7.94 9.79 8.36

BOM:543711 vs BF.B: ROC (Joel Greenblatt) % Comparison

For the Beverages - Wineries & Distilleries subindustry, Sula Vineyards'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.


Sula Vineyards ROC (Joel Greenblatt) % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sula Vineyards's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sula Vineyards's ROC (Joel Greenblatt) % falls into.


BOM:543711
68GF Score
Sula Vineyards Ltd BOM:543711
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sula Vineyards 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2371.9 + 2009.1 + 988.2) - (1216 + 0 + 176.1)
=3977.1

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sula Vineyards 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=765.6/( ( (0 + max(0, 0)) + (5186.1 + max(3977.1, 0)) )/ 1 )
=765.6/( ( 0 + 9163.2 )/ 1 )
=765.6/9163.2
=8.36 %

Note: The EBIT data used here is four times the quarterly (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 8.36% mean?
Sula Vineyards (BOM:543711) has a ROC (Joel Greenblatt) % of 8.36% 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 Sula Vineyards and its competitors. This is 42% below median its historical median of 14.36. Over the past decade, Sula Vineyards' ROC (Joel Greenblatt) % has ranged from 2.11 to 21.25. According to the industry distribution chart, Sula Vineyards ranks #126 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 59.7%.
Is Sula Vineyards' ROC (Joel Greenblatt) % too high?
Sula Vineyards' current ROC (Joel Greenblatt) % of 8.36% is 42% below median its 10-year median of 14.36. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 21.25. The Beverages - Alcoholic industry median ROC (Joel Greenblatt) % is 12.30. Sula Vineyards' value of 8.36% is 32% below this industry median. Based on the distribution chart, Sula Vineyards ranks #126 out of 211 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Sula Vineyards has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sula Vineyards' ROC (Joel Greenblatt) % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Sula Vineyards ranks #126 out of 211 companies for ROC (Joel Greenblatt) %. This places Sula Vineyards in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.30. Sula Vineyards' value of 8.36% is 32% below this benchmark. Historically, Sula Vineyards' own ROC (Joel Greenblatt) % has ranged from 2.11 to 21.25 over the past decade. While the company's 10-year median is 14.36 vs. the industry median of 12.30, Sula Vineyards 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 Beverages - Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Alcoholic companies is 12.30, based on 211 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. Sula Vineyards's current ROC (Joel Greenblatt) % of 8.36% is 32% 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 Sula Vineyards and its competitors. For the Beverages - Alcoholic industry, the median ROC (Joel Greenblatt) % is 12.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sula Vineyards's current ROC (Joel Greenblatt) % is 8.36%, which is 42% below median its own 10-year median of 14.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sula Vineyards stock overvalued right now?
Based on GuruFocus' analysis, Sula Vineyards (BOM:543711) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹443.59, compared to a current price of ₹162.90 — trading 63.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.36%, which is 42% below median its 10-year median of 14.36 and 32% below the Beverages - Alcoholic industry median of 12.30. Sula Vineyards' overall GF Score™ is 68/100 with 6 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 Sula Vineyards (BOM:543711), the current ROC (Joel Greenblatt) % is 8.36% 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 Sula Vineyards (BOM:543711) Overvalued in 2026?

Based on GuruFocus' analysis, Sula Vineyards stock appears to be undervalued. The current stock price of ₹162.90 is trading 63.3% below its estimated GF Value™ of ₹443.59. GuruFocus considers Sula Vineyards to be Significantly Undervalued.

Key valuation signals for BOM:543711:

  • ROC (Joel Greenblatt) %: 8.36% (42% below median its 10-year median of 14.36)
  • GF Value™: ₹443.59 vs. price of ₹162.90 (63.3% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 32% below the Beverages - Alcoholic median (#126 of 211)

No single metric tells the full story. See the BOM:543711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sula Vineyards Business Description

Other Exchanges SULA:India
Address N.S. Phadke Marg, 901, Solaris One, Andheri (East), Mumbai, MH, IND, 400 069
Sula Vineyards Ltd is a producer and seller of wine. It distributes wines under a bouquet of popular brands including RASA, Dindori, The Source, Satori, Madera, and Dia. The company's business is broadly classified under two categories namely the production of wine, the import of wines and spirits, and the distribution of wines and spirits and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms. The company generates maximum revenue from India and also operates overseas.
68GF Score

Get the complete analysis for BOM:543711

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

₹162.90
Price
₹443.59
GF Value