Oneindig Technologies (BOM:544852) ROC (Joel Greenblatt) %: 43.31% (As of Mar. 2025) — Near Median

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BOM:544852 Oneindig Technologies Ltd BOM:544852
17 GF Score
Price ₹138.00
! 1 Warning Sign
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What is Oneindig Technologies ROC (Joel Greenblatt) %?

Oneindig Technologies BOM:544852 +2.76% 17 ROC (Joel Greenblatt) % is 43.31% as of Mar. 2025, which is at its 10-year median of 43.31. GuruFocus rates BOM:544852 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 442 Utilities - Independent Power Producers companies, Oneindig Technologies ranks better than 88.24% 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. Oneindig Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 43.31%.

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

BOM:544852' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.99   Med: 43.31   Max: 46.62
Current: 43.31

During the past 3 years, Oneindig Technologies's highest ROC (Joel Greenblatt) % was 46.62%. The lowest was 9.99%. And the median was 43.31%.

BOM:544852's ROC (Joel Greenblatt) % is ranked better than
88.24% of 442 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.125 vs BOM:544852: 43.31

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


Oneindig Technologies  (BOM:544852) 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.


Oneindig Technologies ROC (Joel Greenblatt) % Related Terms


Oneindig Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Oneindig Technologies'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.

Oneindig Technologies ROC (Joel Greenblatt) % Chart

Oneindig Technologies Annual Data
Trend Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
9.99 46.62 43.31

Oneindig Technologies Semi-Annual Data
Mar23 Mar24 Mar25
ROC (Joel Greenblatt) % 9.99 46.62 43.31

Oneindig Technologies ROC (Joel Greenblatt) % Competitor Comparison

For the Utilities - Renewable subindustry, Oneindig Technologies'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.


Oneindig Technologies ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Oneindig Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BOM:544852
17GF Score
Oneindig Technologies Ltd BOM:544852
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oneindig Technologies 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.923 + 83.018 + 43.5) - (102.723 + 0 + 12.729)
=93.989

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.263 + 139.672 + 47.463) - (107.57 + 0 + 30.711)
=160.117

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Oneindig Technologies for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=61.947/( ( (16.512 + max(93.989, 0)) + (15.43 + max(160.117, 0)) )/ 2 )
=61.947/( ( 110.501 + 175.547 )/ 2 )
=61.947/143.024
=43.31 %

Note: The EBIT data used here is one times the annual (Mar. 2025) 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 43.31% mean?
Oneindig Technologies (BOM:544852) has a ROC (Joel Greenblatt) % of 43.31% as of Mar. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Oneindig Technologies and its competitors. This is near median its historical median of 43.31. Over the past decade, Oneindig Technologies' ROC (Joel Greenblatt) % has ranged from 9.99 to 46.62. According to the industry distribution chart, Oneindig Technologies ranks #52 out of 442 companies in the Utilities - Independent Power Producers industry, placing it in the top 11.8%.
Is Oneindig Technologies' ROC (Joel Greenblatt) % too high?
Oneindig Technologies' current ROC (Joel Greenblatt) % of 43.31% is near median its 10-year median of 43.31. Over the past 10 years, this metric has ranged from a low of 9.99 to a high of 46.62. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.13. Oneindig Technologies' value of 43.31% is 607.1% above this industry median. Based on the distribution chart, Oneindig Technologies ranks #52 out of 442 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Oneindig Technologies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Oneindig Technologies' ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Oneindig Technologies ranks #52 out of 442 companies for ROC (Joel Greenblatt) %. This places Oneindig Technologies in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.13. Oneindig Technologies' value of 43.31% is 607.1% above this benchmark. Historically, Oneindig Technologies' own ROC (Joel Greenblatt) % has ranged from 9.99 to 46.62 over the past decade. While the company's 10-year median is 43.31 vs. the industry median of 6.13, Oneindig Technologies 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.13, based on 442 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. Oneindig Technologies's current ROC (Joel Greenblatt) % of 43.31% is 607.1% 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 Oneindig Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oneindig Technologies's current ROC (Joel Greenblatt) % is 43.31%, which is near median its own 10-year median of 43.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oneindig Technologies stock overvalued right now?
Oneindig Technologies (BOM:544852) has a current ROC (Joel Greenblatt) % of 43.31%. The current ROC (Joel Greenblatt) % is 43.31%, which is near median its 10-year median of 43.31 and 607.1% above the Utilities - Independent Power Producers industry median of 6.13. Oneindig Technologies' overall GF Score™ is 17/100 with 1 warning sign 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 Oneindig Technologies (BOM:544852), the current ROC (Joel Greenblatt) % is 43.31% as of Mar. 2025. 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.

Oneindig Technologies Business Description

Address DDA Sheds, Okhla Industrial Area Phase-1, C-48, 3rd Floor, South Delhi, New Delhi, IND, 110020
Oneindig Technologies Ltd is engaged in providing Engineering, Procurement and Commissioning (EPC) services in the solar energy sector. It is focused on diverse solar projects, including residential rooftop, commercial & industrial (C&I) rooftop, ground-mountedprojects and solar water pumps for Private clients and Government entities. Additionally, the company also supplies various solar products and equipment, including Solar PV (Photovoltaic) Modules, Solar inverters, Solar pump controllers, ESS(Li-ion/Lead Acid), ACDB/DCDB.LT/ HT Panels and all kinds of wires and cables. It is also engaged in Independent Power Producer activities. The company operates in a single segment of solar integrated solutions in India only.
17GF 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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