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Pak ElektronKAR:PAEL +0.59%83 ROC (Joel Greenblatt) % is 12.10% as of Mar. 2026, which is 22% above its 10-year median of 9.94. GuruFocus rates KAR:PAEL with a GF Score™ of 83/100 and a GF Value™ of ₨40.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,490 Hardware companies, Pak Elektron ranks better than 55.38% 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. Pak Elektron's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.10%.
The historical rank and industry rank for Pak Elektron's ROC (Joel Greenblatt) % or its related term are showing as below:
KAR:PAEL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.62 Med: 9.94 Max: 15.75
Current: 13.09
During the past 13 years, Pak Elektron's highest ROC (Joel Greenblatt) % was 15.75%. The lowest was 3.62%. And the median was 9.94%.
KAR:PAEL's ROC (Joel Greenblatt) % is ranked better than 55.38% of 2490
companies
in the Hardware industry
Industry Median: 10.51
vs KAR:PAEL: 13.09
Pak Elektron's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.40% per year.
Pak Elektron (KAR:PAEL) 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.
Pak Elektron ROC (Joel Greenblatt) % Related Terms
Pak Elektron ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Pak Elektron'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:PAEL vs AAPL: ROC (Joel Greenblatt) % Comparison
For the Consumer Electronics subindustry, Pak Elektron'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.
Pak Elektron ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Pak Elektron's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pak Elektron'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 12.10% mean?
Pak Elektron (KAR:PAEL) has a ROC (Joel Greenblatt) % of 12.10% 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 Pak Elektron and its competitors. This is 22% above median its historical median of 9.94. Over the past decade, Pak Elektron's ROC (Joel Greenblatt) % has ranged from 3.62 to 15.75. According to the industry distribution chart, Pak Elektron ranks #1111 out of 2490 companies in the Hardware industry, placing it in the top 44.6%.
Is Pak Elektron's ROC (Joel Greenblatt) % too high?
Pak Elektron's current ROC (Joel Greenblatt) % of 12.10% is 22% above median its 10-year median of 9.94. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 15.75. The Hardware industry median ROC (Joel Greenblatt) % is 10.51. Pak Elektron's value of 12.10% is 15.1% above this industry median. Based on the distribution chart, Pak Elektron ranks #1111 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, Pak Elektron has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pak Elektron's ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Pak Elektron ranks #1111 out of 2490 companies for ROC (Joel Greenblatt) %. This puts Pak Elektron in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.51. Pak Elektron's value of 12.10% is 15.1% above this benchmark. Historically, Pak Elektron's own ROC (Joel Greenblatt) % has ranged from 3.62 to 15.75 over the past decade. While the company's 10-year median is 9.94 vs. the industry median of 10.51, Pak Elektron 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.51, based on 2,490 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. Pak Elektron's current ROC (Joel Greenblatt) % of 12.10% is 15.1% 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 Pak Elektron and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pak Elektron's current ROC (Joel Greenblatt) % is 12.10%, which is 22% above median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pak Elektron stock overvalued right now?
Based on GuruFocus' analysis, Pak Elektron (KAR:PAEL) is currently considered Fairly Valued. The stock's GF Value™ is ₨40.16, compared to a current price of ₨42.52 — trading 5.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.10%, which is 22% above median its 10-year median of 9.94 and 15.1% above the Hardware industry median of 10.51. Pak Elektron's overall GF Score™ is 83/100 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 Pak Elektron (KAR:PAEL), the current ROC (Joel Greenblatt) % is 12.10% 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 Pak Elektron (KAR:PAEL) Overvalued in 2026?
Based on GuruFocus' analysis, Pak Elektron stock appears to be overvalued.
The current stock price of ₨42.52 is trading 5.9% above its estimated GF Value™ of ₨40.16.
GuruFocus considers Pak Elektron to be Fairly Valued.
Key valuation signals for KAR:PAEL:
ROC (Joel Greenblatt) %: 12.10% (22% above median its 10-year median of 9.94)
GF Value™: ₨40.16 vs. price of ₨42.52 (5.9% above fair value)
Industry Position: 15.1% above the Hardware median (#1111 of 2490)
No single metric tells the full story. See the KAR:PAEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pak Elektron Ltd is a company that engages in the manufacturing and sale of electrical capital goods and domestic appliances. It operates through the following divisions: Power and Appliances: The Power division manufactures and distributes transformers, switchgear, energy meters, and engineering, procurement, and construction (EPC) contracting; The Appliances division manufactures, assembles, and distributes refrigerators, deep freezers, air conditioners, microwave ovens, LED televisions, washing machines, water dispensers, and other domestic appliances. The group generates maximum revenue from the Power division.
83GF Score
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