Waterways Leisure Tourism (BOM:544802) ROC (Joel Greenblatt) %: 106.33% (As of Mar. 2026) — 86% Above Median

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BOM:544802 Waterways Leisure Tourism Ltd BOM:544802
20 GF Score
Price ₹104.45
! 9 Warning Signs
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What is Waterways Leisure Tourism ROC (Joel Greenblatt) %?

Waterways Leisure Tourism BOM:544802 -2.15% 20 ROC (Joel Greenblatt) % is 106.33% as of Mar. 2026, which is 86% above its 10-year median of 57.31. GuruFocus rates BOM:544802 with a GF Score™ of 20/100. The stock has 9 warning signs investors should review. Among 1,010 Transportation companies, Waterways Leisure Tourism ranks better than 95.45% 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. Waterways Leisure Tourism's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 106.33%.

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

BOM:544802' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -501.98   Med: 57.31   Max: 111.71
Current: 106.33

During the past 5 years, Waterways Leisure Tourism's highest ROC (Joel Greenblatt) % was 111.71%. The lowest was -501.98%. And the median was 57.31%.

BOM:544802's ROC (Joel Greenblatt) % is ranked better than
95.45% of 1010 companies
in the Transportation industry
Industry Median: 11.835 vs BOM:544802: 106.33

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


Waterways Leisure Tourism  (BOM:544802) 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.


Waterways Leisure Tourism ROC (Joel Greenblatt) % Related Terms


Waterways Leisure Tourism ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Waterways Leisure Tourism'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.

Waterways Leisure Tourism ROC (Joel Greenblatt) % Chart

Waterways Leisure Tourism Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
-501.98 57.31 -32.65 111.71 106.33

Waterways Leisure Tourism Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) % -501.98 57.31 -32.65 111.71 106.33

Waterways Leisure Tourism ROC (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Waterways Leisure Tourism'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.


Waterways Leisure Tourism ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Waterways Leisure Tourism's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Waterways Leisure Tourism's ROC (Joel Greenblatt) % falls into.


BOM:544802
20GF Score
Waterways Leisure Tourism Ltd BOM:544802
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Waterways Leisure Tourism 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.17 + 61.84 + 556.28) - (599.81 + 0 + 956.33)
=-907.85

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.77 + 58.97 + 749.25) - (513.53 + 0 + 876.58)
=-533.12

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Waterways Leisure Tourism 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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=862.8/( ( (907.5 + max(-907.85, 0)) + (715.39 + max(-533.12, 0)) )/ 2 )
=862.8/( ( 907.5 + 715.39 )/ 2 )
=862.8/811.445
=106.33 %

Note: The EBIT data used here is one times the 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 106.33% mean?
Waterways Leisure Tourism (BOM:544802) has a ROC (Joel Greenblatt) % of 106.33% 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 Waterways Leisure Tourism and its competitors. This is 86% above median its historical median of 57.31. According to the industry distribution chart, Waterways Leisure Tourism ranks #46 out of 1010 companies in the Transportation industry, placing it in the top 4.6%.
Is Waterways Leisure Tourism's ROC (Joel Greenblatt) % too high?
Waterways Leisure Tourism's current ROC (Joel Greenblatt) % of 106.33% is 86% above median its 10-year median of 57.31. The Transportation industry median ROC (Joel Greenblatt) % is 11.84. Waterways Leisure Tourism's value of 106.33% is 798.4% above this industry median. Based on the distribution chart, Waterways Leisure Tourism ranks #46 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Waterways Leisure Tourism has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Waterways Leisure Tourism's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Waterways Leisure Tourism ranks #46 out of 1010 companies for ROC (Joel Greenblatt) %. This places Waterways Leisure Tourism in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.84. Waterways Leisure Tourism's value of 106.33% is 798.4% above this benchmark. While the company's 10-year median is 57.31 vs. the industry median of 11.84, Waterways Leisure Tourism 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 11.84, based on 1,010 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. Waterways Leisure Tourism's current ROC (Joel Greenblatt) % of 106.33% is 798.4% 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 Waterways Leisure Tourism and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterways Leisure Tourism's current ROC (Joel Greenblatt) % is 106.33%, which is 86% above median its own 10-year median of 57.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterways Leisure Tourism stock overvalued right now?
Waterways Leisure Tourism (BOM:544802) has a current ROC (Joel Greenblatt) % of 106.33%. The current ROC (Joel Greenblatt) % is 106.33%, which is 86% above median its 10-year median of 57.31 and 798.4% above the Transportation industry median of 11.84. Waterways Leisure Tourism's overall GF Score™ is 20/100 with 9 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 Waterways Leisure Tourism (BOM:544802), the current ROC (Joel Greenblatt) % is 106.33% 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.

Waterways Leisure Tourism Business Description

Other Exchanges CORDELIA:India
Address NM Joshi Marg, Delisle Road, A-1601, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013
Waterways Leisure Tourism Ltd is one of the domestic ocean cruise operators in India, offering luxurious and authentic Indian experiences. It is engaged in the business of cruise lines, shipping, organizing, and conducting cruises, tours, holidays, maintaining, and providing related services. The company currently operates a cruise vessel, the MV Empress. Its cruise vessel sails to domestic destinations such as Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam(Andhra Pradesh), and Puducherry. Its cruise vessel MV Empress offers a variety of cabin options, including one chairman's suite, suites, mini suites, ocean-view staterooms, and interior staterooms.
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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