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Artemis Electricals & ProjectsNSE:AEPL -0.87%63 ROC (Joel Greenblatt) % is 21.47% as of Mar. 2026, which is 59% above its 10-year median of 13.49. GuruFocus rates NSE:AEPL with a GF Score™ of 63/100 and a GF Value™ of ₹30.41 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,064 Industrial Products companies, Artemis Electricals & Projects ranks better than 55.09% 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. Artemis Electricals & Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.47%.
The historical rank and industry rank for Artemis Electricals & Projects's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:AEPL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.93 Med: 13.49 Max: 87.5
Current: 14.25
During the past 11 years, Artemis Electricals & Projects's highest ROC (Joel Greenblatt) % was 87.50%. The lowest was -10.93%. And the median was 13.49%.
NSE:AEPL's ROC (Joel Greenblatt) % is ranked better than 55.09% of 3064
companies
in the Industrial Products industry
Industry Median: 11.81
vs NSE:AEPL: 14.25
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.
* 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.
NSE:AEPL vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Artemis Electricals & Projects'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.
Artemis Electricals & Projects ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Artemis Electricals & Projects's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Artemis Electricals & Projects'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 21.47% mean?
Artemis Electricals & Projects (NSE:AEPL) has a ROC (Joel Greenblatt) % of 21.47% 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 Artemis Electricals & Projects and its competitors. This is 59% above median its historical median of 13.49. According to the industry distribution chart, Artemis Electricals & Projects ranks #1376 out of 3064 companies in the Industrial Products industry, placing it in the top 44.9%.
Is Artemis Electricals & Projects' ROC (Joel Greenblatt) % too high?
Artemis Electricals & Projects' current ROC (Joel Greenblatt) % of 21.47% is 59% above median its 10-year median of 13.49. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.81. Artemis Electricals & Projects' value of 21.47% is 81.8% above this industry median. Based on the distribution chart, Artemis Electricals & Projects ranks #1376 out of 3064 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Artemis Electricals & Projects has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Artemis Electricals & Projects' ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Artemis Electricals & Projects ranks #1376 out of 3064 companies for ROC (Joel Greenblatt) %. This puts Artemis Electricals & Projects in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.81. Artemis Electricals & Projects' value of 21.47% is 81.8% above this benchmark. While the company's 10-year median is 13.49 vs. the industry median of 11.81, Artemis Electricals & Projects 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.81, based on 3,064 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. Artemis Electricals & Projects's current ROC (Joel Greenblatt) % of 21.47% is 81.8% 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 Artemis Electricals & Projects and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Electricals & Projects's current ROC (Joel Greenblatt) % is 21.47%, which is 59% above median its own 10-year median of 13.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Electricals & Projects stock overvalued right now?
Based on GuruFocus' analysis, Artemis Electricals & Projects (NSE:AEPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹30.41, compared to a current price of ₹15.87 — trading 47.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.47%, which is 59% above median its 10-year median of 13.49 and 81.8% above the Industrial Products industry median of 11.81. Artemis Electricals & Projects' overall GF Score™ is 63/100 with 2 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 Artemis Electricals & Projects (NSE:AEPL), the current ROC (Joel Greenblatt) % is 21.47% 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 Artemis Electricals & Projects (NSE:AEPL) Overvalued in 2026?
Based on GuruFocus' analysis, Artemis Electricals & Projects stock appears to be undervalued.
The current stock price of ₹15.87 is trading 47.8% below its estimated GF Value™ of ₹30.41.
GuruFocus considers Artemis Electricals & Projects to be Possible Value Trap.
Key valuation signals for NSE:AEPL:
ROC (Joel Greenblatt) %: 21.47% (59% above median its 10-year median of 13.49)
GF Value™: ₹30.41 vs. price of ₹15.87 (47.8% below fair value)
Industry Position: 81.8% above the Industrial Products median (#1376 of 3064)
No single metric tells the full story. See the NSE:AEPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artemis Electricals & Projects Ltd is engaged in the business of manufacturing and trading of Light Emitting Diode (LED) lights and LED lighting accessories. It primarily manufactures indoor and outdoor LED luminaries such as Street lights, Solar Powered Home LED lighting Systems and LED-based Street Lights, Downlights, Garden lights, pavement/walkthrough indication lights, and others. Geographically, it only operates in India.
63GF Score
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