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Atlas BatteryKAR:ATBA -0.15%69 ROC (Joel Greenblatt) % is 5.13% as of Mar. 2026, which is 74% below its 10-year median of 19.76. GuruFocus rates KAR:ATBA with a GF Score™ of 69/100 and a GF Value™ of ₨248.94 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Atlas Battery ranks worse than 63.14% 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. Atlas Battery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.13%.
The historical rank and industry rank for Atlas Battery's ROC (Joel Greenblatt) % or its related term are showing as below:
KAR:ATBA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.21 Med: 19.76 Max: 53.91
Current: 7.48
During the past 13 years, Atlas Battery's highest ROC (Joel Greenblatt) % was 53.91%. The lowest was -3.21%. And the median was 19.76%.
KAR:ATBA's ROC (Joel Greenblatt) % is ranked worse than 63.14% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 11.965
vs KAR:ATBA: 7.48
Atlas Battery's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.70% 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.
Atlas Battery ROC (Joel Greenblatt) % Related Terms
Atlas Battery ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Atlas Battery'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.
KAR:ATBA vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Atlas Battery'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.
Atlas Battery ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Atlas Battery's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Atlas Battery'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 5.13% mean?
Atlas Battery (KAR:ATBA) has a ROC (Joel Greenblatt) % of 5.13% 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 Atlas Battery and its competitors. This is 74% below median its historical median of 19.76. According to the industry distribution chart, Atlas Battery ranks #841 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 63.1%.
Is Atlas Battery's ROC (Joel Greenblatt) % too high?
Atlas Battery's current ROC (Joel Greenblatt) % of 5.13% is 74% below median its 10-year median of 19.76. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. Atlas Battery's value of 5.13% is 57.1% below this industry median. Based on the distribution chart, Atlas Battery ranks #841 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Atlas Battery has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Battery's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Atlas Battery ranks #841 out of 1332 companies for ROC (Joel Greenblatt) %. This places Atlas Battery in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. Atlas Battery's value of 5.13% is 57.1% below this benchmark. While the company's 10-year median is 19.76 vs. the industry median of 11.97, Atlas Battery 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 11.97, based on 1,332 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. Atlas Battery's current ROC (Joel Greenblatt) % of 5.13% is 57.1% 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 Atlas Battery and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Battery's current ROC (Joel Greenblatt) % is 5.13%, which is 74% below median its own 10-year median of 19.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Battery stock overvalued right now?
Based on GuruFocus' analysis, Atlas Battery (KAR:ATBA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨248.94, compared to a current price of ₨216.13 — trading 13.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.13%, which is 74% below median its 10-year median of 19.76 and 57.1% below the Vehicles & Parts industry median of 11.97. Atlas Battery's overall GF Score™ is 69/100 with 5 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 Atlas Battery (KAR:ATBA), the current ROC (Joel Greenblatt) % is 5.13% 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 Atlas Battery (KAR:ATBA) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Battery stock appears to be undervalued.
The current stock price of ₨216.13 is trading 13.2% below its estimated GF Value™ of ₨248.94.
GuruFocus considers Atlas Battery to be Modestly Undervalued.
Key valuation signals for KAR:ATBA:
ROC (Joel Greenblatt) %: 5.13% (74% below median its 10-year median of 19.76)
GF Value™: ₨248.94 vs. price of ₨216.13 (13.2% below fair value)
Industry Position: 57.1% below the Vehicles & Parts median (#841 of 1332)
No single metric tells the full story. See the KAR:ATBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Battery Ltd is engaged in the manufacturing and sale of automotive, motorcycle and energy storage batteries and their allied products. Its products are mainly categorized in light, medium and heavy batteries for automotive, motorcycle batteries, energy storage batteries and distilled water. The company serves various segments including Original Equipment Manufacturers (OEMs), domestic appliances, industrial equipment and replacement market through nationwide dealership network. The usage of batteries includes vehicles, motorcycles, heavy vehicles including tractors, buses and energy backup solution such as UPS (Uninterrupted Power Supply equipment), Solar Panels and Gensets.
69GF Score
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