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20 MicronsNSE:20MICRONS +2.60%83 ROC (Joel Greenblatt) % is 20.17% as of Jun. 2026, which is 13% above its 10-year median of 17.81. GuruFocus rates NSE:20MICRONS with a GF Score™ of 83/100 and a GF Value™ of ₹221.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,507 Metals & Mining companies, 20 Microns ranks better than 85.96% 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. 20 Microns's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.17%.
The historical rank and industry rank for 20 Microns's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:20MICRONS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.42 Med: 17.81 Max: 21.71
Current: 19.73
During the past 13 years, 20 Microns's highest ROC (Joel Greenblatt) % was 21.71%. The lowest was 11.42%. And the median was 17.81%.
NSE:20MICRONS's ROC (Joel Greenblatt) % is ranked better than 85.96% of 2507
companies
in the Metals & Mining industry
Industry Median: -22.09
vs NSE:20MICRONS: 19.73
20 Microns's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.60% 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.
20 Microns ROC (Joel Greenblatt) % Historical Data
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The historical data trend for 20 Microns'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.
For the Other Industrial Metals & Mining subindustry, 20 Microns'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.
20 Microns ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, 20 Microns's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where 20 Microns'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 (Jun. 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 20.17% mean?
20 Microns (NSE:20MICRONS) has a ROC (Joel Greenblatt) % of 20.17% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on 20 Microns and its competitors. This is 13% above median its historical median of 17.81. Over the past decade, 20 Microns' ROC (Joel Greenblatt) % has ranged from 11.42 to 21.71. According to the industry distribution chart, 20 Microns ranks #352 out of 2507 companies in the Metals & Mining industry, placing it in the top 14%.
Is 20 Microns' ROC (Joel Greenblatt) % too high?
20 Microns' current ROC (Joel Greenblatt) % of 20.17% is 13% above median its 10-year median of 17.81. Over the past 10 years, this metric has ranged from a low of 11.42 to a high of 21.71. Based on the distribution chart, 20 Microns ranks #352 out of 2507 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, 20 Microns has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 20 Microns' ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, 20 Microns ranks #352 out of 2507 companies for ROC (Joel Greenblatt) %. This places 20 Microns in the top 14% of its industry — outperforming the majority of peers. Historically, 20 Microns' own ROC (Joel Greenblatt) % has ranged from 11.42 to 21.71 over the past decade. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 20 Microns and its competitors. 20 Microns's current ROC (Joel Greenblatt) % is 20.17%, which is 13% above median its own 10-year median of 17.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 20 Microns stock overvalued right now?
Based on GuruFocus' analysis, 20 Microns (NSE:20MICRONS) is currently considered Fairly Valued. The stock's GF Value™ is ₹221.22, compared to a current price of ₹222.00 — trading 0.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.17%, which is 13% above median its 10-year median of 17.81. 20 Microns' overall GF Score™ is 83/100 with 6 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 20 Microns (NSE:20MICRONS), the current ROC (Joel Greenblatt) % is 20.17% as of Jun. 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 20 Microns (NSE:20MICRONS) Overvalued in 2026?
Based on GuruFocus' analysis, 20 Microns stock appears to be overvalued.
The current stock price of ₹222.00 is trading 0.4% above its estimated GF Value™ of ₹221.22.
GuruFocus considers 20 Microns to be Fairly Valued.
Key valuation signals for NSE:20MICRONS:
ROC (Joel Greenblatt) %: 20.17% (13% above median its 10-year median of 17.81)
GF Value™: ₹221.22 vs. price of ₹222.00 (0.4% above fair value)
No single metric tells the full story. See the NSE:20MICRONS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
20 Microns Ltd provides solutions in the industrial mineral or functional additive segment. The company has three distinct product segments: Industrial Minerals, Functional Additives & Speciality Chemicals, and other Segments. The Industrial minerals segment includes Calcium Carbonate, Talc, Hydrous Kaolin, and others. Functional additives & Speciality chemicals Include White Pigment Opacifiers, Wax & Wax Additives, Engineered Kaolins, Matting Agents, and others. Retail Segments include 20MCC (Construction Chemical), 20 MinFert. The Group generates the majority of its revenue from the sale of Minerals followed by the sale of construction Materia. Geographically the company generates the majority of its revenue from India.
83GF Score
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