Airfloa Rail Technology (BOM:544516) ROC (Joel Greenblatt) %: 37.19% (As of Mar. 2026) — 25% Above Median

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BOM:544516 Airfloa Rail Technology Ltd BOM:544516
20 GF Score
Price ₹359.40
! 3 Warning Signs
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What is Airfloa Rail Technology ROC (Joel Greenblatt) %?

Airfloa Rail Technology BOM:544516 +3.08% 20 ROC (Joel Greenblatt) % is 37.19% as of Mar. 2026, which is 25% above its 10-year median of 29.66. GuruFocus rates BOM:544516 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, Airfloa Rail Technology ranks better than 82.5% 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. Airfloa Rail Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.19%.

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

BOM:544516' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.66   Med: 29.66   Max: 33.23
Current: 30.85

During the past 5 years, Airfloa Rail Technology's highest ROC (Joel Greenblatt) % was 33.23%. The lowest was 11.66%. And the median was 29.66%.

BOM:544516's ROC (Joel Greenblatt) % is ranked better than
82.5% of 1000 companies
in the Transportation industry
Industry Median: 11.665 vs BOM:544516: 30.85

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


Airfloa Rail Technology  (BOM:544516) 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.


Airfloa Rail Technology ROC (Joel Greenblatt) % Related Terms


Airfloa Rail Technology ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Airfloa Rail Technology'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.

Airfloa Rail Technology ROC (Joel Greenblatt) % Chart

Airfloa Rail Technology Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
12.93 11.66 29.66 33.23 30.80

Airfloa Rail Technology Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 36.49 30.90 23.26 37.19

BOM:544516 vs UNP, CSX, NSC: ROC (Joel Greenblatt) % Comparison

For the Railroads subindustry, Airfloa Rail Technology'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.


Airfloa Rail Technology ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Airfloa Rail Technology's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Airfloa Rail Technology's ROC (Joel Greenblatt) % falls into.


BOM:544516
20GF Score
Airfloa Rail Technology Ltd BOM:544516
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airfloa Rail Technology 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)
=(1420.664 + 672.022 + 0) - (392.759 + 0 + 111.612)
=1588.315

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2140.159 + 724 + -4.5474735088646E-13) - (609.153 + 0 + 316.565)
=1938.441

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Airfloa Rail Technology 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 )
=806.564/( ( (390.495 + max(1588.315, 0)) + (420.164 + max(1938.441, 0)) )/ 2 )
=806.564/( ( 1978.81 + 2358.605 )/ 2 )
=806.564/2168.7075
=37.19 %

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 37.19% mean?
Airfloa Rail Technology (BOM:544516) has a ROC (Joel Greenblatt) % of 37.19% 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 Airfloa Rail Technology and its competitors. This is 25% above median its historical median of 29.66. Over the past decade, Airfloa Rail Technology's ROC (Joel Greenblatt) % has ranged from 11.66 to 33.23. According to the industry distribution chart, Airfloa Rail Technology ranks #175 out of 1000 companies in the Transportation industry, placing it in the top 17.5%.
Is Airfloa Rail Technology's ROC (Joel Greenblatt) % too high?
Airfloa Rail Technology's current ROC (Joel Greenblatt) % of 37.19% is 25% above median its 10-year median of 29.66. Over the past 10 years, this metric has ranged from a low of 11.66 to a high of 33.23. The Transportation industry median ROC (Joel Greenblatt) % is 11.67. Airfloa Rail Technology's value of 37.19% is 218.8% above this industry median. Based on the distribution chart, Airfloa Rail Technology ranks #175 out of 1000 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Airfloa Rail Technology has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Airfloa Rail Technology's ROC (Joel Greenblatt) % compare to UNP and CSX?
According to the Transportation industry distribution chart, Airfloa Rail Technology ranks #175 out of 1000 companies for ROC (Joel Greenblatt) %. This places Airfloa Rail Technology in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.67. Airfloa Rail Technology's value of 37.19% is 218.8% above this benchmark. Historically, Airfloa Rail Technology's own ROC (Joel Greenblatt) % has ranged from 11.66 to 33.23 over the past decade. While the company's 10-year median is 29.66 vs. the industry median of 11.67, Airfloa Rail Technology 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.67, based on 1,000 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. Airfloa Rail Technology's current ROC (Joel Greenblatt) % of 37.19% is 218.8% 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 Airfloa Rail Technology and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airfloa Rail Technology's current ROC (Joel Greenblatt) % is 37.19%, which is 25% above median its own 10-year median of 29.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airfloa Rail Technology stock overvalued right now?
Airfloa Rail Technology (BOM:544516) has a current ROC (Joel Greenblatt) % of 37.19%. The current ROC (Joel Greenblatt) % is 37.19%, which is 25% above median its 10-year median of 29.66 and 218.8% above the Transportation industry median of 11.67. Airfloa Rail Technology's overall GF Score™ is 20/100 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 Airfloa Rail Technology (BOM:544516), the current ROC (Joel Greenblatt) % is 37.19% 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.

Airfloa Rail Technology Business Description

Address No. 9 Chelliamman Koil street, Keelkttalai, Chennai, TN, IND, 600117
Airfloa Rail Technology Ltd is engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railway production units like Integral Coach Factory (ICF), other coach factories. In addition to manufacturing the rolling stock components, the company carry out turnkey interior furnishing projects for Indian Railways. In the aerospace and defense sectors, it manufactures intricate, engineered, and vital components. Along with Indian Railways through ICF and other coach factories, The company also serve other Rails factories, and rolling stock OEMs.
20GF 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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