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Shanti SpintexBOM:544059 -5.18%44 ROC (Joel Greenblatt) % is 9.45% as of Mar. 2026, which is 28% below its 10-year median of 13.15. GuruFocus rates BOM:544059 with a GF Score™ of 44/100. The stock has 4 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks better than 60.73% 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. Shanti Spintex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.45%.
The historical rank and industry rank for Shanti Spintex's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:544059'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.63 Med: 13.15 Max: 21.08
Current: 12.94
During the past 6 years, Shanti Spintex's highest ROC (Joel Greenblatt) % was 21.08%. The lowest was 9.63%. And the median was 13.15%.
BOM:544059's ROC (Joel Greenblatt) % is ranked better than 60.73% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.03
vs BOM:544059: 12.94
Shanti Spintex's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.30% 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.
Shanti Spintex ROC (Joel Greenblatt) % Related Terms
Shanti Spintex ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Shanti Spintex'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.
For the Textile Manufacturing subindustry, Shanti Spintex'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.
Shanti Spintex ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanti Spintex'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 9.45% mean?
Shanti Spintex (BOM:544059) has a ROC (Joel Greenblatt) % of 9.45% 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 Shanti Spintex and its competitors. This is 28% below median its historical median of 13.15. Over the past decade, Shanti Spintex's ROC (Joel Greenblatt) % has ranged from 9.63 to 21.08. According to the industry distribution chart, Shanti Spintex ranks #419 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.3%.
Is Shanti Spintex's ROC (Joel Greenblatt) % too high?
Shanti Spintex's current ROC (Joel Greenblatt) % of 9.45% is 28% below median its 10-year median of 13.15. Over the past 10 years, this metric has ranged from a low of 9.63 to a high of 21.08. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 9.03. Shanti Spintex's value of 9.45% is 4.7% above this industry median. Based on the distribution chart, Shanti Spintex ranks #419 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shanti Spintex has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #419 out of 1067 companies for ROC (Joel Greenblatt) %. This puts Shanti Spintex in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.03. Shanti Spintex's value of 9.45% is 4.7% above this benchmark. Historically, Shanti Spintex's own ROC (Joel Greenblatt) % has ranged from 9.63 to 21.08 over the past decade. While the company's 10-year median is 13.15 vs. the industry median of 9.03, Shanti Spintex 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 9.03, based on 1,067 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. Shanti Spintex's current ROC (Joel Greenblatt) % of 9.45% is 4.7% 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 Shanti Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Spintex's current ROC (Joel Greenblatt) % is 9.45%, which is 28% below median its own 10-year median of 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current ROC (Joel Greenblatt) % of 9.45%. The current ROC (Joel Greenblatt) % is 9.45%, which is 28% below median its 10-year median of 13.15 and 4.7% above the Manufacturing - Apparel & Accessories industry median of 9.03. Shanti Spintex's overall GF Score™ is 44/100 with 4 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 Shanti Spintex (BOM:544059), the current ROC (Joel Greenblatt) % is 9.45% 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.
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
44GF Score
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