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Aftab AutomobilesDHA:AFTABAUTO -0.96%69 ROC (Joel Greenblatt) % is 0.92% as of Mar. 2026, which is 69% below its 10-year median of 2.95. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 69/100 and a GF Value™ of BDT37.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Aftab Automobiles ranks worse than 79.25% 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. Aftab Automobiles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.92%.
The historical rank and industry rank for Aftab Automobiles's ROC (Joel Greenblatt) % or its related term are showing as below:
DHA:AFTABAUTO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.4 Med: 2.95 Max: 13.92
Current: 0.74
During the past 13 years, Aftab Automobiles's highest ROC (Joel Greenblatt) % was 13.92%. The lowest was 0.40%. And the median was 2.95%.
DHA:AFTABAUTO's ROC (Joel Greenblatt) % is ranked worse than 79.25% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 12.045
vs DHA:AFTABAUTO: 0.74
Aftab Automobiles's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -30.10% per year.
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.
Aftab Automobiles ROC (Joel Greenblatt) % Related Terms
Aftab Automobiles ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aftab Automobiles'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.
DHA:AFTABAUTO vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison
For the Auto Manufacturers subindustry, Aftab Automobiles'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.
Aftab Automobiles ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aftab Automobiles's ROC (Joel Greenblatt) % falls into.
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 0.92% mean?
Aftab Automobiles (DHA:AFTABAUTO) has a ROC (Joel Greenblatt) % of 0.92% 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 Aftab Automobiles and its competitors. This is 69% below median its historical median of 2.95. Over the past decade, Aftab Automobiles' ROC (Joel Greenblatt) % has ranged from 0.40 to 13.92. According to the industry distribution chart, Aftab Automobiles ranks #1054 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 79.2%.
Is Aftab Automobiles' ROC (Joel Greenblatt) % too high?
Aftab Automobiles' current ROC (Joel Greenblatt) % of 0.92% is 69% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 13.92. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.05. Aftab Automobiles' value of 0.92% is 92.4% below this industry median. Based on the distribution chart, Aftab Automobiles ranks #1054 out of 1330 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Aftab Automobiles has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Aftab Automobiles ranks #1054 out of 1330 companies for ROC (Joel Greenblatt) %. This places Aftab Automobiles in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Aftab Automobiles' value of 0.92% is 92.4% below this benchmark. Historically, Aftab Automobiles' own ROC (Joel Greenblatt) % has ranged from 0.40 to 13.92 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 12.05, Aftab Automobiles 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.05, based on 1,330 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. Aftab Automobiles's current ROC (Joel Greenblatt) % of 0.92% is 92.4% 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 Aftab Automobiles and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aftab Automobiles's current ROC (Joel Greenblatt) % is 0.92%, which is 69% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.53, compared to a current price of BDT31.10 — trading 17.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.92%, which is 69% below median its 10-year median of 2.95 and 92.4% below the Vehicles & Parts industry median of 12.05. Aftab Automobiles' overall GF Score™ is 69/100 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 Aftab Automobiles (DHA:AFTABAUTO), the current ROC (Joel Greenblatt) % is 0.92% 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?
Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued.
The current stock price of BDT31.10 is trading 17.1% below its estimated GF Value™ of BDT37.53.
GuruFocus considers Aftab Automobiles to be Modestly Undervalued.
Key valuation signals for DHA:AFTABAUTO:
ROC (Joel Greenblatt) %: 0.92% (69% below median its 10-year median of 2.95)
GF Value™: BDT37.53 vs. price of BDT31.10 (17.1% below fair value)
Industry Position: 92.4% below the Vehicles & Parts median (#1054 of 1330)
No single metric tells the full story. See the DHA:AFTABAUTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
69GF Score
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