Carraro India (BOM:544320) ROC (Joel Greenblatt) %: 29.85% (As of Jun. 2026) — 24% Above Median

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BOM:544320 Carraro India Ltd BOM:544320
19 GF Score
Price ₹534.75
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What is Carraro India ROC (Joel Greenblatt) %?

Carraro India BOM:544320 -0.13% 19 ROC (Joel Greenblatt) % is 29.85% as of Jun. 2026, which is 24% above its 10-year median of 23.98. GuruFocus rates BOM:544320 with a GF Score™ of 19/100. Among 1,332 Vehicles & Parts companies, Carraro India ranks better than 85.59% 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. Carraro India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 29.85%.

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

BOM:544320' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.52   Med: 23.98   Max: 33.41
Current: 33.41

During the past 5 years, Carraro India's highest ROC (Joel Greenblatt) % was 33.41%. The lowest was 12.52%. And the median was 23.98%.

BOM:544320's ROC (Joel Greenblatt) % is ranked better than
85.59% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.205 vs BOM:544320: 33.41

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


Carraro India  (BOM:544320) 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.


Carraro India ROC (Joel Greenblatt) % Related Terms


Carraro India ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Carraro India'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.

Carraro India ROC (Joel Greenblatt) % Chart

Carraro India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
12.52 21.26 23.98 27.41 32.29

Carraro India Quarterly Data
Mar22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.80 33.93 29.31 38.33 29.85

BOM:544320 vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Carraro India'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.


Carraro India ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carraro India's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:544320
19GF Score
Carraro India Ltd BOM:544320
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carraro India 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3749.32 + 3174.14 + 681.19) - (4316.22 + 0 + 577)
=2711.43

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Carraro India for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1859.2/( ( (3516.65 + max(2711.43, 0)) + (0 + max(0, 0)) )/ 1 )
=1859.2/( ( 6228.08 + 0 )/ 1 )
=1859.2/6228.08
=29.85 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 29.85% mean?
Carraro India (BOM:544320) has a ROC (Joel Greenblatt) % of 29.85% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Carraro India and its competitors. This is 24% above median its historical median of 23.98. Over the past decade, Carraro India's ROC (Joel Greenblatt) % has ranged from 12.52 to 33.41. According to the industry distribution chart, Carraro India ranks #192 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 14.4%.
Is Carraro India's ROC (Joel Greenblatt) % too high?
Carraro India's current ROC (Joel Greenblatt) % of 29.85% is 24% above median its 10-year median of 23.98. Over the past 10 years, this metric has ranged from a low of 12.52 to a high of 33.41. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.21. Carraro India's value of 29.85% is 144.6% above this industry median. Based on the distribution chart, Carraro India ranks #192 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Carraro India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Carraro India's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Carraro India ranks #192 out of 1332 companies for ROC (Joel Greenblatt) %. This places Carraro India in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.21. Carraro India's value of 29.85% is 144.6% above this benchmark. Historically, Carraro India's own ROC (Joel Greenblatt) % has ranged from 12.52 to 33.41 over the past decade. While the company's 10-year median is 23.98 vs. the industry median of 12.21, Carraro India 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.21, based on 1,332 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. Carraro India's current ROC (Joel Greenblatt) % of 29.85% is 144.6% 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 Carraro India and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carraro India's current ROC (Joel Greenblatt) % is 29.85%, which is 24% above median its own 10-year median of 23.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carraro India stock overvalued right now?
Carraro India (BOM:544320) has a current ROC (Joel Greenblatt) % of 29.85%. The current ROC (Joel Greenblatt) % is 29.85%, which is 24% above median its 10-year median of 23.98 and 144.6% above the Vehicles & Parts industry median of 12.21. Carraro India's overall GF Score™ is 19/100. 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 Carraro India (BOM:544320), the current ROC (Joel Greenblatt) % is 29.85% as of Jun. 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.

Carraro India Business Description

Other Exchanges CARRARO:India
Address B2/2 MIDC, Ranjangaon, Pune, MH, IND, 412220
Carraro India Ltd is a technology-driven integrated supplier that develops complex engineering products and solutions for its original equipment manufacturer (OEM) customers. The company manufactures and sells axles and transmission systems for agricultural tractors and construction vehicles such as backhoe loaders, soil compactors, cranes, self-loading concrete mixers, and small motor graders. It also provides after-sale services and supplies spare parts mainly to Indian customers. The company operates in two geographical environments; India which is its key revenue-generating market, and outside India.
19GF Score

Get the complete analysis for BOM:544320

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

₹534.75
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