Airo Lam (NSE:AIROLAM) ROC (Joel Greenblatt) %: 7.16% (As of Mar. 2026) — 38% Below Median

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NSE:AIROLAM Airo Lam Ltd NSE:AIROLAM
75 GF Score
Price ₹88.88
GF Value ₹134.56
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Airo Lam ROC (Joel Greenblatt) %?

Airo Lam NSE:AIROLAM +1.58% 75 ROC (Joel Greenblatt) % is 7.16% as of Mar. 2026, which is 38% below its 10-year median of 11.64. GuruFocus rates NSE:AIROLAM with a GF Score™ of 75/100 and a GF Value™ of ₹134.56 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Airo Lam ranks worse than 55.86% 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. Airo Lam's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.16%.

The historical rank and industry rank for Airo Lam's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:AIROLAM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.11   Med: 11.64   Max: 14.52
Current: 7.11

During the past 13 years, Airo Lam's highest ROC (Joel Greenblatt) % was 14.52%. The lowest was 7.11%. And the median was 11.64%.

NSE:AIROLAM's ROC (Joel Greenblatt) % is ranked worse than
55.86% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.92 vs NSE:AIROLAM: 7.11

Airo Lam's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.00% per year.


Airo Lam  (NSE:AIROLAM) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Airo Lam ROC (Joel Greenblatt) % Related Terms


Airo Lam ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Airo Lam'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.

Airo Lam ROC (Joel Greenblatt) % Chart

Airo Lam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.98 11.51 11.56 7.18 9.57

Airo Lam Quarterly Data
Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.08 13.48 11.35 9.87 7.16

NSE:AIROLAM vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Airo Lam's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Airo Lam's ROC (Joel Greenblatt) % falls into.


NSE:AIROLAM
75GF Score
Airo Lam Ltd NSE:AIROLAM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airo Lam ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(678.872 + 881.106 + 101.47) - (554.481 + 0 + 48.555)
=1058.412

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Airo Lam for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=115.432/( ( (0 + max(0, 0)) + (553.466 + max(1058.412, 0)) )/ 1 )
=115.432/( ( 0 + 1611.878 )/ 1 )
=115.432/1611.878
=7.16 %

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 7.16% mean?
Airo Lam (NSE:AIROLAM) has a ROC (Joel Greenblatt) % of 7.16% 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 Airo Lam and its competitors. This is 38% below median its historical median of 11.64. Over the past decade, Airo Lam's ROC (Joel Greenblatt) % has ranged from 7.11 to 14.52. According to the industry distribution chart, Airo Lam ranks #243 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 55.9%.
Is Airo Lam's ROC (Joel Greenblatt) % too high?
Airo Lam's current ROC (Joel Greenblatt) % of 7.16% is 38% below median its 10-year median of 11.64. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 14.52. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.92. Airo Lam's value of 7.16% is 27.8% below this industry median. Based on the distribution chart, Airo Lam ranks #243 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Airo Lam has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airo Lam's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Airo Lam ranks #243 out of 435 companies for ROC (Joel Greenblatt) %. This places Airo Lam in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.92. Airo Lam's value of 7.16% is 27.8% below this benchmark. Historically, Airo Lam's own ROC (Joel Greenblatt) % has ranged from 7.11 to 14.52 over the past decade. While the company's 10-year median is 11.64 vs. the industry median of 9.92, Airo Lam 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.92, based on 435 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. Airo Lam's current ROC (Joel Greenblatt) % of 7.16% is 27.8% 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 Airo Lam and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airo Lam's current ROC (Joel Greenblatt) % is 7.16%, which is 38% below median its own 10-year median of 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airo Lam stock overvalued right now?
Based on GuruFocus' analysis, Airo Lam (NSE:AIROLAM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹134.56, compared to a current price of ₹88.88 — trading 33.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.16%, which is 38% below median its 10-year median of 11.64 and 27.8% below the Furnishings, Fixtures & Appliances industry median of 9.92. Airo Lam's overall GF Score™ is 75/100 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 Airo Lam (NSE:AIROLAM), the current ROC (Joel Greenblatt) % is 7.16% 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 Airo Lam (NSE:AIROLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Airo Lam stock appears to be undervalued. The current stock price of ₹88.88 is trading 33.9% below its estimated GF Value™ of ₹134.56. GuruFocus considers Airo Lam to be Significantly Undervalued.

Key valuation signals for NSE:AIROLAM:

  • ROC (Joel Greenblatt) %: 7.16% (38% below median its 10-year median of 11.64)
  • GF Value™: ₹134.56 vs. price of ₹88.88 (33.9% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 27.8% below the Furnishings, Fixtures & Appliances median (#243 of 435)

No single metric tells the full story. See the NSE:AIROLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airo Lam Business Description

Address Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings. The segments are Manufacturing and Sale of (a) Laminate and Allied products; and (b) Plywood and Allied products.
75GF Score

Get the complete analysis for NSE:AIROLAM

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹88.88
Price
₹134.56
GF Value