Ahasolar Technologies (BOM:543941) ROC (Joel Greenblatt) %: 12.50% (As of Mar. 2026) — 87% Below Median

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BOM:543941 Ahasolar Technologies Ltd BOM:543941
74 GF Score
Price ₹76.01
GF Value ₹365.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Ahasolar Technologies ROC (Joel Greenblatt) %?

Ahasolar Technologies BOM:543941 -0.31% 74 ROC (Joel Greenblatt) % is 12.50% as of Mar. 2026, which is 87% below its 10-year median of 95.56. GuruFocus rates BOM:543941 with a GF Score™ of 74/100 and a GF Value™ of ₹365.91 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,811 Software companies, Ahasolar Technologies ranks worse than 57.6% 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. Ahasolar Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.50%.

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

BOM:543941' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.47   Med: 95.56   Max: 1242.11
Current: 5.7

During the past 7 years, Ahasolar Technologies's highest ROC (Joel Greenblatt) % was 1242.11%. The lowest was -15.47%. And the median was 95.56%.

BOM:543941's ROC (Joel Greenblatt) % is ranked worse than
57.6% of 2811 companies
in the Software industry
Industry Median: 20.74 vs BOM:543941: 5.70

Ahasolar Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Ahasolar Technologies  (BOM:543941) 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.


Ahasolar Technologies ROC (Joel Greenblatt) % Related Terms


Ahasolar Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ahasolar Technologies'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.

Ahasolar Technologies ROC (Joel Greenblatt) % Chart

Ahasolar Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 246.08 95.56 1.58 -15.47 5.54

Ahasolar Technologies 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 36.30 -187.29 93.30 -2.08 12.50

BOM:543941 vs CRM, SHOP, UBER: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Ahasolar Technologies'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.


Ahasolar Technologies ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Ahasolar Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:543941
74GF Score
Ahasolar Technologies Ltd BOM:543941
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ahasolar Technologies 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)
=(38.697 + 0.162 + 18.727) - (8.52 + 0 + 52.895)
=-3.829

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.052 + 2.263 + 19.403) - (10.407 + 0 + 30.747)
=18.564

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ahasolar Technologies 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 )
=10.506/( ( (74.493 + max(-3.829, 0)) + (75.053 + max(18.564, 0)) )/ 2 )
=10.506/( ( 74.493 + 93.617 )/ 2 )
=10.506/84.055
=12.50 %

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 12.50% mean?
Ahasolar Technologies (BOM:543941) has a ROC (Joel Greenblatt) % of 12.50% 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 Ahasolar Technologies and its competitors. This is 87% below median its historical median of 95.56. According to the industry distribution chart, Ahasolar Technologies ranks #1619 out of 2811 companies in the Software industry, placing it in the top 57.6%.
Is Ahasolar Technologies' ROC (Joel Greenblatt) % too high?
Ahasolar Technologies' current ROC (Joel Greenblatt) % of 12.50% is 87% below median its 10-year median of 95.56. The Software industry median ROC (Joel Greenblatt) % is 20.74. Ahasolar Technologies' value of 12.50% is 39.7% below this industry median. Based on the distribution chart, Ahasolar Technologies ranks #1619 out of 2811 companies in the Software industry, which is below the industry midpoint. Overall, Ahasolar Technologies has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ahasolar Technologies' ROC (Joel Greenblatt) % compare to CRM and SHOP?
According to the Software industry distribution chart, Ahasolar Technologies ranks #1619 out of 2811 companies for ROC (Joel Greenblatt) %. This places Ahasolar Technologies in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.74. Ahasolar Technologies' value of 12.50% is 39.7% below this benchmark. While the company's 10-year median is 95.56 vs. the industry median of 20.74, Ahasolar Technologies 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.74, based on 2,811 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. Ahasolar Technologies's current ROC (Joel Greenblatt) % of 12.50% is 39.7% 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 Ahasolar Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahasolar Technologies's current ROC (Joel Greenblatt) % is 12.50%, which is 87% below median its own 10-year median of 95.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahasolar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ahasolar Technologies (BOM:543941) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹365.91, compared to a current price of ₹76.01 — trading 79.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.50%, which is 87% below median its 10-year median of 95.56 and 39.7% below the Software industry median of 20.74. Ahasolar Technologies' overall GF Score™ is 74/100 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 Ahasolar Technologies (BOM:543941), the current ROC (Joel Greenblatt) % is 12.50% 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 Ahasolar Technologies (BOM:543941) Overvalued in 2026?

Based on GuruFocus' analysis, Ahasolar Technologies stock appears to be undervalued. The current stock price of ₹76.01 is trading 79.2% below its estimated GF Value™ of ₹365.91. GuruFocus considers Ahasolar Technologies to be Significantly Undervalued.

Key valuation signals for BOM:543941:

  • ROC (Joel Greenblatt) %: 12.50% (87% below median its 10-year median of 95.56)
  • GF Value™: ₹365.91 vs. price of ₹76.01 (79.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 39.7% below the Software median (#1619 of 2811)

No single metric tells the full story. See the BOM:543941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ahasolar Technologies Business Description

Address Sattadhar Cross Road, Office No. 207, 2nd Floor Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061
Ahasolar Technologies Ltd is engaged in the business of Cleantech, enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry, and to cater to it, the company developed an AI-based intelligent Solar Digital Platform. The company has developed Software as a Service (SaaS) products for solar companies. These products streamline processes, design PV, manage projects, and monitor generation. In addition, the company offers an integrated Marketplace to connect supply and demand digitally. The core businesses of the company include Solar Software Services, Solar Marketplace, Development of Solar Power Plant, and Solar Advisory and Consultancy services.
74GF Score

Get the complete analysis for BOM:543941

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

₹76.01
Price
₹365.91
GF Value