Patel Chem Specialities (BOM:544460) ROC (Joel Greenblatt) %: 26.93% (As of Mar. 2026) — Near Median

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BOM:544460 Patel Chem Specialities Ltd BOM:544460
21 GF Score
Price ₹105.65
! 3 Warning Signs
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What is Patel Chem Specialities ROC (Joel Greenblatt) %?

Patel Chem Specialities BOM:544460 -1.58% 21 ROC (Joel Greenblatt) % is 26.93% as of Mar. 2026, which is 3% below its 10-year median of 27.68. GuruFocus rates BOM:544460 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,617 Chemicals companies, Patel Chem Specialities ranks better than 83.74% 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. Patel Chem Specialities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.93%.

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

BOM:544460' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26   Med: 27.68   Max: 41.11
Current: 28.56

During the past 5 years, Patel Chem Specialities's highest ROC (Joel Greenblatt) % was 41.11%. The lowest was 26.00%. And the median was 27.68%.

BOM:544460's ROC (Joel Greenblatt) % is ranked better than
83.74% of 1617 companies
in the Chemicals industry
Industry Median: 10.62 vs BOM:544460: 28.56

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


Patel Chem Specialities  (BOM:544460) 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.


Patel Chem Specialities ROC (Joel Greenblatt) % Related Terms


Patel Chem Specialities ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Patel Chem Specialities'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.

Patel Chem Specialities ROC (Joel Greenblatt) % Chart

Patel Chem Specialities Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
26.02 26.94 42.05 37.90 28.62

Patel Chem Specialities Semi-Annual Data
Sep25 Mar26
ROC (Joel Greenblatt) % 34.44 26.93

BOM:544460 vs DOW: ROC (Joel Greenblatt) % Comparison

For the Chemicals subindustry, Patel Chem Specialities'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.


Patel Chem Specialities ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Patel Chem Specialities's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Patel Chem Specialities's ROC (Joel Greenblatt) % falls into.


BOM:544460
21GF Score
Patel Chem Specialities Ltd BOM:544460
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patel Chem Specialities 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)
=(221.183 + 152.454 + 40.47) - (115.875 + 0 + 50.586)
=247.646

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(295.309 + 183.192 + 16.696) - (230.032 + 4.071 + 8.081)
=253.013

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Patel Chem Specialities 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 )
=188.46/( ( (379.925 + max(247.646, 0)) + (518.989 + max(253.013, 0)) )/ 2 )
=188.46/( ( 627.571 + 772.002 )/ 2 )
=188.46/699.7865
=26.93 %

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 26.93% mean?
Patel Chem Specialities (BOM:544460) has a ROC (Joel Greenblatt) % of 26.93% 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 Patel Chem Specialities and its competitors. This is near median its historical median of 27.68. Over the past decade, Patel Chem Specialities' ROC (Joel Greenblatt) % has ranged from 26.00 to 41.11. According to the industry distribution chart, Patel Chem Specialities ranks #263 out of 1617 companies in the Chemicals industry, placing it in the top 16.3%.
Is Patel Chem Specialities' ROC (Joel Greenblatt) % too high?
Patel Chem Specialities' current ROC (Joel Greenblatt) % of 26.93% is near median its 10-year median of 27.68. Over the past 10 years, this metric has ranged from a low of 26.00 to a high of 41.11. The Chemicals industry median ROC (Joel Greenblatt) % is 10.62. Patel Chem Specialities' value of 26.93% is 153.6% above this industry median. Based on the distribution chart, Patel Chem Specialities ranks #263 out of 1617 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Patel Chem Specialities has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Patel Chem Specialities' ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Patel Chem Specialities ranks #263 out of 1617 companies for ROC (Joel Greenblatt) %. This places Patel Chem Specialities in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.62. Patel Chem Specialities' value of 26.93% is 153.6% above this benchmark. Historically, Patel Chem Specialities' own ROC (Joel Greenblatt) % has ranged from 26.00 to 41.11 over the past decade. While the company's 10-year median is 27.68 vs. the industry median of 10.62, Patel Chem Specialities 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.62, based on 1,617 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. Patel Chem Specialities's current ROC (Joel Greenblatt) % of 26.93% is 153.6% 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 Patel Chem Specialities and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Chem Specialities's current ROC (Joel Greenblatt) % is 26.93%, which is near median its own 10-year median of 27.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Chem Specialities stock overvalued right now?
Patel Chem Specialities (BOM:544460) has a current ROC (Joel Greenblatt) % of 26.93%. The current ROC (Joel Greenblatt) % is 26.93%, which is near median its 10-year median of 27.68 and 153.6% above the Chemicals industry median of 10.62. Patel Chem Specialities' overall GF Score™ is 21/100 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 Patel Chem Specialities (BOM:544460), the current ROC (Joel Greenblatt) % is 26.93% 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.

Patel Chem Specialities Business Description

Address Vatva Road, Plot No. 272/4-5, Phase II, G.I.D.C Industrial Estate, Ahmedabad, GJ, IND, 382445
Patel Chem Specialities Ltd operates in the field of specialty chemicals, particularly focusing on the production of cellulose-based excipients. It manufactures a diverse products that are critical to various industries, including pharmaceuticals, food & beverages, cosmetics, and numerous industrial applications. These chemicals are fundamental in the formulation of essential products such as tablets, food additives, personal care items, and industrial formulations. Its products play vital roles as binders, disintegrants, thickeners, stabilizers, and gelling agents, each serving a specialized function across multiple sectors.
21GF 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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