Technocrats Plasma Systems (BOM:544877) ROC (Joel Greenblatt) %: 0.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544877 Technocrats Plasma Systems Ltd BOM:544877
15 GF Score
Price ₹252.70
! 2 Warning Signs
View Full Analysis

What is Technocrats Plasma Systems ROC (Joel Greenblatt) %?

Technocrats Plasma Systems BOM:544877 -0.84% 15 ROC (Joel Greenblatt) % is 0.00% as of Mar. 2026. GuruFocus rates BOM:544877 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 3,076 Industrial Products companies, Technocrats Plasma Systems ranks better than 61.28% 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. Technocrats Plasma Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.

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

BOM:544877' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.99   Med: 44.36   Max: 88.37
Current: 18.2

During the past 4 years, Technocrats Plasma Systems's highest ROC (Joel Greenblatt) % was 88.37%. The lowest was 10.99%. And the median was 44.36%.

BOM:544877's ROC (Joel Greenblatt) % is ranked better than
61.28% of 3076 companies
in the Industrial Products industry
Industry Median: 12.14 vs BOM:544877: 18.20

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


Technocrats Plasma Systems  (BOM:544877) 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.


Technocrats Plasma Systems ROC (Joel Greenblatt) % Related Terms


Technocrats Plasma Systems ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Technocrats Plasma Systems'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.

Technocrats Plasma Systems ROC (Joel Greenblatt) % Chart

Technocrats Plasma Systems Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
10.99 22.72 65.99 88.37

Technocrats Plasma Systems Quarterly Data
Mar23 Mar24 Mar25 Jun25 Mar26
ROC (Joel Greenblatt) % 0.00 0.00 0.00 94.95 0.00

BOM:544877 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Technocrats Plasma Systems'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.


Technocrats Plasma Systems ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Technocrats Plasma Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Technocrats Plasma Systems's ROC (Joel Greenblatt) % falls into.


BOM:544877
15GF Score
Technocrats Plasma Systems Ltd BOM:544877
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technocrats Plasma Systems 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(360.466 + 195.808 + 0.013999999999896) - (321.368 + 0 + 26.672)
=208.248

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(209.754 + 331.83 + 13.352) - (130.598 + 0 + 48.85)
=375.488

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Technocrats Plasma Systems 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: Jun. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (17.154 + max(208.248, 0)) + (22.912 + max(375.488, 0)) )/ 2 )
=0/( ( 225.402 + 398.4 )/ 2 )
=0/311.901
=0.00 %

Note: The EBIT data used here is four times the quarterly (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 0.00% mean?
Technocrats Plasma Systems (BOM:544877) has a ROC (Joel Greenblatt) % of 0.00% 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 Technocrats Plasma Systems and its competitors. Over the past decade, Technocrats Plasma Systems' ROC (Joel Greenblatt) % has ranged from 10.99 to 88.37. According to the industry distribution chart, Technocrats Plasma Systems ranks #1191 out of 3076 companies in the Industrial Products industry, placing it in the top 38.7%.
Is Technocrats Plasma Systems' ROC (Joel Greenblatt) % too high?
Technocrats Plasma Systems' current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 10.99 to a high of 88.37. Based on the distribution chart, Technocrats Plasma Systems ranks #1191 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Technocrats Plasma Systems has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Technocrats Plasma Systems' ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Technocrats Plasma Systems ranks #1191 out of 3076 companies for ROC (Joel Greenblatt) %. This puts Technocrats Plasma Systems in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.14. Historically, Technocrats Plasma Systems' own ROC (Joel Greenblatt) % has ranged from 10.99 to 88.37 over the past decade. 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.14, based on 3,076 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. 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 Technocrats Plasma Systems and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technocrats Plasma Systems's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technocrats Plasma Systems stock overvalued right now?
Technocrats Plasma Systems (BOM:544877) has a current ROC (Joel Greenblatt) % of 0.00%. The current ROC (Joel Greenblatt) % is 0.00%. Technocrats Plasma Systems' overall GF Score™ is 15/100 with 2 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 Technocrats Plasma Systems (BOM:544877), the current ROC (Joel Greenblatt) % is 0.00% 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.

Technocrats Plasma Systems Business Description

Address Gaon Devi Industrial Estate, Nirav-2, Gala No. 6, 7, 8, 105, 106, 107, 108, Near Gaon Devi Temple, Sativali, Vasai East, District Palghar, Palghar, MH, IND, 401 208
Technocrats Plasma Systems Ltd operates as an engineering-led manufacturer of plasma cutting machines, welding equipment and customised automation systems for metal fabrication and related industries in India. Its product portfolio includes manual and CNC-controlled plate and pipe cutting systems for different material thicknesses and profiles, welding equipment for MIG, TIG, ARC, SAW and laser processes, and automation solutions for cutting and welding lines. The company serves various sectors including automotive, construction, shipbuilding, heavy engineering and general manufacturing. The majority of revenue is derived from tailored configurations and upgrades for new and existing machines, and Lifecycle support services for supplied equipment.
15GF Score

Get the complete analysis for BOM:544877

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

₹252.70
Price