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Aryaman Financial ServicesNSE:ARYAMAN 59 ROC (Joel Greenblatt) % is 963.90% as of Mar. 2026, which is 1674% above its 10-year median of 54.32. GuruFocus rates NSE:ARYAMAN with a GF Score™ of 59/100 and a GF Value™ of ₹491.62. The stock has 2 warning signs investors should review. Among 679 Capital Markets companies, Aryaman Financial Services ranks better than 67.01% 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. Aryaman Financial Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 963.90%.
The historical rank and industry rank for Aryaman Financial Services's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ARYAMAN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.32 Med: 54.32 Max: 156.18
Current: 127.56
During the past 13 years, Aryaman Financial Services's highest ROC (Joel Greenblatt) % was 156.18%. The lowest was 10.32%. And the median was 54.32%.
NSE:ARYAMAN's ROC (Joel Greenblatt) % is ranked better than 67.01% of 679
companies
in the Capital Markets industry
Industry Median: 33.78
vs NSE:ARYAMAN: 127.56
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:ARYAMAN vs : ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Aryaman Financial Services'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.
Aryaman Financial Services ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Aryaman Financial Services's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aryaman Financial Services'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 963.90% mean?
Aryaman Financial Services (NSE:ARYAMAN) has a ROC (Joel Greenblatt) % of 963.90% 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 Aryaman Financial Services and its competitors. This is 1674% above median its historical median of 54.32. Over the past decade, Aryaman Financial Services' ROC (Joel Greenblatt) % has ranged from 10.32 to 156.18. According to the industry distribution chart, Aryaman Financial Services ranks #224 out of 679 companies in the Capital Markets industry, placing it in the top 33%.
Is Aryaman Financial Services' ROC (Joel Greenblatt) % too high?
Aryaman Financial Services' current ROC (Joel Greenblatt) % of 963.90% is 1674% above median its 10-year median of 54.32. Over the past 10 years, this metric has ranged from a low of 10.32 to a high of 156.18. The Capital Markets industry median ROC (Joel Greenblatt) % is 33.78. Aryaman Financial Services' value of 963.90% is 2753.5% above this industry median. Based on the distribution chart, Aryaman Financial Services ranks #224 out of 679 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Aryaman Financial Services has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Aryaman Financial Services' ROC (Joel Greenblatt) % compare to ?
According to the Capital Markets industry distribution chart, Aryaman Financial Services ranks #224 out of 679 companies for ROC (Joel Greenblatt) %. This puts Aryaman Financial Services in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 33.78. Aryaman Financial Services' value of 963.90% is 2753.5% above this benchmark. Historically, Aryaman Financial Services' own ROC (Joel Greenblatt) % has ranged from 10.32 to 156.18 over the past decade. While the company's 10-year median is 54.32 vs. the industry median of 33.78, Aryaman Financial Services 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 33.78, based on 679 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. Aryaman Financial Services's current ROC (Joel Greenblatt) % of 963.90% is 2753.5% 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 Aryaman Financial Services and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 33.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aryaman Financial Services's current ROC (Joel Greenblatt) % is 963.90%, which is 1674% above median its own 10-year median of 54.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aryaman Financial Services stock overvalued right now?
Aryaman Financial Services (NSE:ARYAMAN) has a current ROC (Joel Greenblatt) % of 963.90%. The stock's GF Value™ is ₹491.62, compared to a current price of ₹587.00 — trading 19.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 963.90%, which is 1674% above median its 10-year median of 54.32 and 2753.5% above the Capital Markets industry median of 33.78. Aryaman Financial Services' overall GF Score™ is 59/100 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 Aryaman Financial Services (NSE:ARYAMAN), the current ROC (Joel Greenblatt) % is 963.90% 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 Aryaman Financial Services (NSE:ARYAMAN) Overvalued in 2026?
Based on GuruFocus' analysis, Aryaman Financial Services stock appears to be overvalued.
The current stock price of ₹587.00 is trading 19.4% above its estimated GF Value™ of ₹491.62.
Key valuation signals for NSE:ARYAMAN:
ROC (Joel Greenblatt) %: 963.90% (1674% above median its 10-year median of 54.32)
GF Value™: ₹491.62 vs. price of ₹587.00 (19.4% above fair value)
Industry Position: 2753.5% above the Capital Markets median (#224 of 679)
No single metric tells the full story. See the NSE:ARYAMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aryaman Financial Services Ltd is engaged in the merchant banking business. The company is engaged in the business of management and syndication of small and medium-sized initial public offerings, rights issues, composite issues, venture capital funding, and others. The company generates its revenue from Fees & Commission income, Investment and Dividend income, and Sale of stock-in-trade.
59GF Score
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