Shree Marutinandan Tubes (BOM:544083) ROC (Joel Greenblatt) %: 25.10% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544083 Shree Marutinandan Tubes Ltd BOM:544083
44 GF Score
Price ₹48.21
! 3 Warning Signs
View Full Analysis

What is Shree Marutinandan Tubes ROC (Joel Greenblatt) %?

Shree Marutinandan Tubes BOM:544083 +0.44% 44 ROC (Joel Greenblatt) % is 25.10% as of Mar. 2026, which is 8% below its 10-year median of 27.31. GuruFocus rates BOM:544083 with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 160 Industrial Distribution companies, Shree Marutinandan Tubes ranks better than 68.12% 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. Shree Marutinandan Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.10%.

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

BOM:544083' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.94   Med: 27.31   Max: 44.96
Current: 22.56

During the past 6 years, Shree Marutinandan Tubes's highest ROC (Joel Greenblatt) % was 44.96%. The lowest was 14.94%. And the median was 27.31%.

BOM:544083's ROC (Joel Greenblatt) % is ranked better than
68.12% of 160 companies
in the Industrial Distribution industry
Industry Median: 14.93 vs BOM:544083: 22.56

Shree Marutinandan Tubes's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.10% per year.


Shree Marutinandan Tubes  (BOM:544083) 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.


Shree Marutinandan Tubes ROC (Joel Greenblatt) % Related Terms


Shree Marutinandan Tubes ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shree Marutinandan Tubes'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.

Shree Marutinandan Tubes ROC (Joel Greenblatt) % Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 14.94 44.96 27.56 27.67 27.05

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 25.48 12.18 40.85 15.09 25.10

BOM:544083 vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison

For the Industrial Distribution subindustry, Shree Marutinandan Tubes'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.


Shree Marutinandan Tubes ROC (Joel Greenblatt) % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shree Marutinandan Tubes's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Shree Marutinandan Tubes's ROC (Joel Greenblatt) % falls into.


BOM:544083
44GF Score
Shree Marutinandan Tubes Ltd BOM:544083
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shree Marutinandan Tubes 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)
=(233.996 + 169.318 + 5.52) - (124.677 + 0 + 4.265)
=279.892

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(316.513 + 175.122 + 25.381) - (203.358 + 0 + 31.714)
=281.944

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shree Marutinandan Tubes 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 )
=82.528/( ( (72.61 + max(279.892, 0)) + (23.194 + max(281.944, 0)) )/ 2 )
=82.528/( ( 352.502 + 305.138 )/ 2 )
=82.528/328.82
=25.10 %

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 25.10% mean?
Shree Marutinandan Tubes (BOM:544083) has a ROC (Joel Greenblatt) % of 25.10% 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 Shree Marutinandan Tubes and its competitors. This is near median its historical median of 27.31. Over the past decade, Shree Marutinandan Tubes' ROC (Joel Greenblatt) % has ranged from 14.94 to 44.96. According to the industry distribution chart, Shree Marutinandan Tubes ranks #51 out of 160 companies in the Industrial Distribution industry, placing it in the top 31.9%.
Is Shree Marutinandan Tubes' ROC (Joel Greenblatt) % too high?
Shree Marutinandan Tubes' current ROC (Joel Greenblatt) % of 25.10% is near median its 10-year median of 27.31. Over the past 10 years, this metric has ranged from a low of 14.94 to a high of 44.96. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.93. Shree Marutinandan Tubes' value of 25.10% is 68.1% above this industry median. Based on the distribution chart, Shree Marutinandan Tubes ranks #51 out of 160 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Shree Marutinandan Tubes has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shree Marutinandan Tubes' ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Shree Marutinandan Tubes ranks #51 out of 160 companies for ROC (Joel Greenblatt) %. This puts Shree Marutinandan Tubes in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.93. Shree Marutinandan Tubes' value of 25.10% is 68.1% above this benchmark. Historically, Shree Marutinandan Tubes' own ROC (Joel Greenblatt) % has ranged from 14.94 to 44.96 over the past decade. While the company's 10-year median is 27.31 vs. the industry median of 14.93, Shree Marutinandan Tubes 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 an Industrial Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.93, based on 160 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. Shree Marutinandan Tubes's current ROC (Joel Greenblatt) % of 25.10% is 68.1% 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 Shree Marutinandan Tubes and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Marutinandan Tubes's current ROC (Joel Greenblatt) % is 25.10%, which is near median its own 10-year median of 27.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Marutinandan Tubes stock overvalued right now?
Shree Marutinandan Tubes (BOM:544083) has a current ROC (Joel Greenblatt) % of 25.10%. The current ROC (Joel Greenblatt) % is 25.10%, which is near median its 10-year median of 27.31 and 68.1% above the Industrial Distribution industry median of 14.93. Shree Marutinandan Tubes' overall GF Score™ is 44/100 with 3 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 Shree Marutinandan Tubes (BOM:544083), the current ROC (Joel Greenblatt) % is 25.10% 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.

Shree Marutinandan Tubes Business Description

Address S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Shree Marutinandan Tubes Ltd is engaged in the trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Its products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.
44GF Score

Get the complete analysis for BOM:544083

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

₹48.21
Price