AIK Pipes And Polymers (BOM:544072) ROC (Joel Greenblatt) %: 11.21% (As of Mar. 2026) — 42% Below Median

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BOM:544072 AIK Pipes And Polymers Ltd BOM:544072
31 GF Score
Price ₹27.06
! 7 Warning Signs
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What is AIK Pipes And Polymers ROC (Joel Greenblatt) %?

AIK Pipes And Polymers BOM:544072 -4.95% 31 ROC (Joel Greenblatt) % is 11.21% as of Mar. 2026, which is 42% below its 10-year median of 19.42. GuruFocus rates BOM:544072 with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 1,787 Construction companies, AIK Pipes And Polymers ranks worse than 74.03% 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. AIK Pipes And Polymers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.21%.

The historical rank and industry rank for AIK Pipes And Polymers's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:544072' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.52   Med: 19.42   Max: 33.63
Current: 3.61

During the past 6 years, AIK Pipes And Polymers's highest ROC (Joel Greenblatt) % was 33.63%. The lowest was 3.52%. And the median was 19.42%.

BOM:544072's ROC (Joel Greenblatt) % is ranked worse than
74.03% of 1787 companies
in the Construction industry
Industry Median: 19.39 vs BOM:544072: 3.61

AIK Pipes And Polymers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.80% per year.


AIK Pipes And Polymers  (BOM:544072) 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.


AIK Pipes And Polymers ROC (Joel Greenblatt) % Related Terms


AIK Pipes And Polymers ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for AIK Pipes And Polymers'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.

AIK Pipes And Polymers ROC (Joel Greenblatt) % Chart

AIK Pipes And Polymers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 28.09 33.63 28.08 10.75 3.52

AIK Pipes And Polymers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 16.76 16.88 3.37 -4.08 11.21

BOM:544072 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison

For the Building Products & Equipment subindustry, AIK Pipes And Polymers'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.


AIK Pipes And Polymers ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, AIK Pipes And Polymers's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where AIK Pipes And Polymers's ROC (Joel Greenblatt) % falls into.


BOM:544072
31GF Score
AIK Pipes And Polymers Ltd BOM:544072
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIK Pipes And Polymers 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)
=(103.064 + 88.778 + 0.060999999999979) - (9.837 + 0 + 6.419)
=175.647

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.947 + 96.759 + 0.052999999999997) - (13.902 + 0 + 15.073)
=202.784

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AIK Pipes And Polymers 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 )
=26.598/( ( (48.919 + max(175.647, 0)) + (47.242 + max(202.784, 0)) )/ 2 )
=26.598/( ( 224.566 + 250.026 )/ 2 )
=26.598/237.296
=11.21 %

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 11.21% mean?
AIK Pipes And Polymers (BOM:544072) has a ROC (Joel Greenblatt) % of 11.21% 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 AIK Pipes And Polymers and its competitors. This is 42% below median its historical median of 19.42. Over the past decade, AIK Pipes And Polymers' ROC (Joel Greenblatt) % has ranged from 3.52 to 33.63. According to the industry distribution chart, AIK Pipes And Polymers ranks #1323 out of 1787 companies in the Construction industry, placing it in the top 74%.
Is AIK Pipes And Polymers' ROC (Joel Greenblatt) % too high?
AIK Pipes And Polymers' current ROC (Joel Greenblatt) % of 11.21% is 42% below median its 10-year median of 19.42. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 33.63. The Construction industry median ROC (Joel Greenblatt) % is 19.39. AIK Pipes And Polymers' value of 11.21% is 42.2% below this industry median. Based on the distribution chart, AIK Pipes And Polymers ranks #1323 out of 1787 companies in the Construction industry, which is below the industry midpoint. Overall, AIK Pipes And Polymers has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does AIK Pipes And Polymers' ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, AIK Pipes And Polymers ranks #1323 out of 1787 companies for ROC (Joel Greenblatt) %. This places AIK Pipes And Polymers in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.39. AIK Pipes And Polymers' value of 11.21% is 42.2% below this benchmark. Historically, AIK Pipes And Polymers' own ROC (Joel Greenblatt) % has ranged from 3.52 to 33.63 over the past decade. While the company's 10-year median is 19.42 vs. the industry median of 19.39, AIK Pipes And Polymers 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.39, based on 1,787 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. AIK Pipes And Polymers's current ROC (Joel Greenblatt) % of 11.21% is 42.2% 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 AIK Pipes And Polymers and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIK Pipes And Polymers's current ROC (Joel Greenblatt) % is 11.21%, which is 42% below median its own 10-year median of 19.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIK Pipes And Polymers stock overvalued right now?
AIK Pipes And Polymers (BOM:544072) has a current ROC (Joel Greenblatt) % of 11.21%. The current ROC (Joel Greenblatt) % is 11.21%, which is 42% below median its 10-year median of 19.42 and 42.2% below the Construction industry median of 19.39. AIK Pipes And Polymers' overall GF Score™ is 31/100 with 7 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 AIK Pipes And Polymers (BOM:544072), the current ROC (Joel Greenblatt) % is 11.21% 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.

AIK Pipes And Polymers Business Description

Address Gram Sayu, Plot No. 29, Govindam Industries Park, Govindgarh, Jaipur, RJ, IND, 303712
AIK Pipes And Polymers Ltd is engaged in the manufacturing of a comprehensive range of HDPE (High density polyethylene) pipes, HDPE Fittings, MDPE (Medium density polyethylene) Pipes, and PPR (Polypropylene random) Pipes for water distribution, agriculture, housing and infrastructure, telecommunication, gas transmission, and sewerage systems.
31GF Score

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

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