Engro Polymer & ChemicalsKAR:EPCL +1.90%54 ROC (Joel Greenblatt) % is 13.38% as of Mar. 2026, which is 49% below its 10-year median of 26.32. GuruFocus rates KAR:EPCL with a GF Score™ of 54/100 and a GF Value™ of ₨46.22 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,604 Chemicals companies, Engro Polymer & Chemicals ranks worse than 66.77% 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. Engro Polymer & Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.38%.
The historical rank and industry rank for Engro Polymer & Chemicals's ROC (Joel Greenblatt) % or its related term are showing as below:
KAR:EPCL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.14 Med: 26.32 Max: 53.55
Current: 4.39
During the past 13 years, Engro Polymer & Chemicals's highest ROC (Joel Greenblatt) % was 53.55%. The lowest was 2.14%. And the median was 26.32%.
KAR:EPCL's ROC (Joel Greenblatt) % is ranked worse than 66.77% of 1604
companies
in the Chemicals industry
Industry Median: 9.4
vs KAR:EPCL: 4.39
Engro Polymer & Chemicals's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -43.80% 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.
Engro Polymer & Chemicals ROC (Joel Greenblatt) % Related Terms
Engro Polymer & Chemicals ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Engro Polymer & Chemicals'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:EPCL vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Engro Polymer & Chemicals'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.
Engro Polymer & Chemicals ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Engro Polymer & Chemicals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Engro Polymer & Chemicals'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 13.38% mean?
Engro Polymer & Chemicals (KAR:EPCL) has a ROC (Joel Greenblatt) % of 13.38% 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 Engro Polymer & Chemicals and its competitors. This is 49% below median its historical median of 26.32. Over the past decade, Engro Polymer & Chemicals' ROC (Joel Greenblatt) % has ranged from 2.14 to 53.55. According to the industry distribution chart, Engro Polymer & Chemicals ranks #1071 out of 1604 companies in the Chemicals industry, placing it in the top 66.8%.
Is Engro Polymer & Chemicals' ROC (Joel Greenblatt) % too high?
Engro Polymer & Chemicals' current ROC (Joel Greenblatt) % of 13.38% is 49% below median its 10-year median of 26.32. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 53.55. The Chemicals industry median ROC (Joel Greenblatt) % is 9.40. Engro Polymer & Chemicals' value of 13.38% is 42.3% above this industry median. Based on the distribution chart, Engro Polymer & Chemicals ranks #1071 out of 1604 companies in the Chemicals industry, which is below the industry midpoint. Overall, Engro Polymer & Chemicals has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Engro Polymer & Chemicals' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Engro Polymer & Chemicals ranks #1071 out of 1604 companies for ROC (Joel Greenblatt) %. This places Engro Polymer & Chemicals in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.40. Engro Polymer & Chemicals' value of 13.38% is 42.3% above this benchmark. Historically, Engro Polymer & Chemicals' own ROC (Joel Greenblatt) % has ranged from 2.14 to 53.55 over the past decade. While the company's 10-year median is 26.32 vs. the industry median of 9.40, Engro Polymer & Chemicals 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 a Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.40, based on 1,604 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. Engro Polymer & Chemicals's current ROC (Joel Greenblatt) % of 13.38% is 42.3% 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 Engro Polymer & Chemicals and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engro Polymer & Chemicals's current ROC (Joel Greenblatt) % is 13.38%, which is 49% below median its own 10-year median of 26.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engro Polymer & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Engro Polymer & Chemicals (KAR:EPCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨46.22, compared to a current price of ₨35.41 — trading 23.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.38%, which is 49% below median its 10-year median of 26.32 and 42.3% above the Chemicals industry median of 9.40. Engro Polymer & Chemicals' overall GF Score™ is 54/100 with 12 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 Engro Polymer & Chemicals (KAR:EPCL), the current ROC (Joel Greenblatt) % is 13.38% 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 Engro Polymer & Chemicals (KAR:EPCL) Overvalued in 2026?
Based on GuruFocus' analysis, Engro Polymer & Chemicals stock appears to be undervalued.
The current stock price of ₨35.41 is trading 23.4% below its estimated GF Value™ of ₨46.22.
GuruFocus considers Engro Polymer & Chemicals to be Modestly Undervalued.
Key valuation signals for KAR:EPCL:
ROC (Joel Greenblatt) %: 13.38% (49% below median its 10-year median of 26.32)
GF Value™: ₨46.22 vs. price of ₨35.41 (23.4% below fair value)
Industry Position: 42.3% above the Chemicals median (#1071 of 1604)
No single metric tells the full story. See the KAR:EPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Engro Polymer & Chemicals Ltd is mainly engaged in the production and distribution of chlor-vinyl products, including Polyvinyl Chloride (PVC), caustic soda, hydrogen peroxide, and other industrial chemicals such as hydrochloric acid and sodium hypochlorite. The Company operates through multiple segments, with the Poly Vinyl Chloride (PVC) segment generating the highest revenue by supplying products to industries such as pipes, footwear, and packaging across Pakistan and exporting mainly to Asia. Its Caustic Soda and Allied Chemicals segment serves textile and soap industries, while the Hydrogen Peroxide segment mainly caters to the textile sector, and the Power Supplies segment supplies surplus power generated from its power plants.
54GF Score
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