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Jain Irrigation SystemsBOM:570004 +1.95%58 ROC (Joel Greenblatt) % is 7.56% as of Mar. 2026, which is 23% above its 10-year median of 6.15. GuruFocus rates BOM:570004 with a GF Score™ of 58/100 and a GF Value™ of ₹45.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 552 Conglomerates companies, Jain Irrigation Systems ranks worse than 72.1% 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. Jain Irrigation Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.56%.
The historical rank and industry rank for Jain Irrigation Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:570004'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.66 Med: 6.15 Max: 10.99
Current: 6.3
During the past 13 years, Jain Irrigation Systems's highest ROC (Joel Greenblatt) % was 10.99%. The lowest was -4.66%. And the median was 6.15%.
BOM:570004's ROC (Joel Greenblatt) % is ranked worse than 72.1% of 552
companies
in the Conglomerates industry
Industry Median: 14.865
vs BOM:570004: 6.30
Jain Irrigation Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.20% per year.
Jain Irrigation Systems (BOM:570004) 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.
Jain Irrigation Systems ROC (Joel Greenblatt) % Related Terms
Jain Irrigation Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Jain Irrigation 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.
Jain Irrigation Systems ROC (Joel Greenblatt) % Chart
BOM:570004 vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Jain Irrigation 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.
Jain Irrigation Systems ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jain Irrigation Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jain Irrigation Systems's ROC (Joel Greenblatt) % falls into.
Jain Irrigation 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:
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.
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 7.56% mean?
Jain Irrigation Systems (BOM:570004) has a ROC (Joel Greenblatt) % of 7.56% 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 Jain Irrigation Systems and its competitors. This is 23% above median its historical median of 6.15. According to the industry distribution chart, Jain Irrigation Systems ranks #398 out of 552 companies in the Conglomerates industry, placing it in the top 72.1%.
Is Jain Irrigation Systems' ROC (Joel Greenblatt) % too high?
Jain Irrigation Systems' current ROC (Joel Greenblatt) % of 7.56% is 23% above median its 10-year median of 6.15. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.87. Jain Irrigation Systems' value of 7.56% is 49.1% below this industry median. Based on the distribution chart, Jain Irrigation Systems ranks #398 out of 552 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Jain Irrigation Systems has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jain Irrigation Systems' ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Jain Irrigation Systems ranks #398 out of 552 companies for ROC (Joel Greenblatt) %. This places Jain Irrigation Systems in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.87. Jain Irrigation Systems' value of 7.56% is 49.1% below this benchmark. While the company's 10-year median is 6.15 vs. the industry median of 14.87, Jain Irrigation Systems has consistently been below 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.87, based on 552 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. Jain Irrigation Systems's current ROC (Joel Greenblatt) % of 7.56% is 49.1% below 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 Jain Irrigation Systems and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jain Irrigation Systems's current ROC (Joel Greenblatt) % is 7.56%, which is 23% above median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Irrigation Systems stock overvalued right now?
Based on GuruFocus' analysis, Jain Irrigation Systems (BOM:570004) is currently considered Possible Value Trap. The stock's GF Value™ is ₹45.80, compared to a current price of ₹21.42 — trading 53.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.56%, which is 23% above median its 10-year median of 6.15 and 49.1% below the Conglomerates industry median of 14.87. Jain Irrigation Systems' overall GF Score™ is 58/100 with 4 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 Jain Irrigation Systems (BOM:570004), the current ROC (Joel Greenblatt) % is 7.56% 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.
Is Jain Irrigation Systems (BOM:570004) Overvalued in 2026?
Based on GuruFocus' analysis, Jain Irrigation Systems stock appears to be undervalued.
The current stock price of ₹21.42 is trading 53.2% below its estimated GF Value™ of ₹45.80.
GuruFocus considers Jain Irrigation Systems to be Possible Value Trap.
Key valuation signals for BOM:570004:
ROC (Joel Greenblatt) %: 7.56% (23% above median its 10-year median of 6.15)
GF Value™: ₹45.80 vs. price of ₹21.42 (53.2% below fair value)
Industry Position: 49.1% below the Conglomerates median (#398 of 552)
No single metric tells the full story. See the BOM:570004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jain Irrigation Systems Ltd is engaged in diversified business. The company's operating segment includes Hi-tech Agri Input Products; Plastic; Agro-Processing; and Other Business Division. The Plastic Division segment which includes PVC piping products, PE piping products, Piping projects, and Plastic sheets. The Hi-tech Agri Input Products segment includes Micro and Sprinkler Irrigation, Solar Agri Pump, Integrated Irrigation Projects, and Tissue Culture plants. The Agro Processing Division includes fruits, onion products, and biogas; and the Others include solar thermal products, solar power generation investments, and Agri R&D activities. Geographically, it derives a majority of its revenue from India.
58GF 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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