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Asahi India GlassNSE:ASAHIINDIA -0.65%74 ROC (Joel Greenblatt) % is 17.16% as of Jun. 2026, which is 6% above its 10-year median of 16.18. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 74/100 and a GF Value™ of ₹785.73 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,338 Vehicles & Parts companies, Asahi India Glass ranks better than 54.04% 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. Asahi India Glass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 17.16%.
The historical rank and industry rank for Asahi India Glass's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ASAHIINDIA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.08 Med: 16.18 Max: 22.3
Current: 14.23
During the past 13 years, Asahi India Glass's highest ROC (Joel Greenblatt) % was 22.30%. The lowest was 11.08%. And the median was 16.18%.
NSE:ASAHIINDIA's ROC (Joel Greenblatt) % is ranked better than 54.04% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 12.875
vs NSE:ASAHIINDIA: 14.23
Asahi India Glass's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.50% per year.
Asahi India Glass (NSE:ASAHIINDIA) 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.
Asahi India Glass ROC (Joel Greenblatt) % Related Terms
Asahi India Glass ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Asahi India Glass'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.
NSE:ASAHIINDIA vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Asahi India Glass'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.
Asahi India Glass ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asahi India Glass's ROC (Joel Greenblatt) % falls into.
Asahi India Glass 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:
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 17.16% mean?
Asahi India Glass (NSE:ASAHIINDIA) has a ROC (Joel Greenblatt) % of 17.16% 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 Asahi India Glass and its competitors. This is near median its historical median of 16.18. Over the past decade, Asahi India Glass' ROC (Joel Greenblatt) % has ranged from 11.08 to 22.30. According to the industry distribution chart, Asahi India Glass ranks #615 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 46%.
Is Asahi India Glass' ROC (Joel Greenblatt) % too high?
Asahi India Glass' current ROC (Joel Greenblatt) % of 17.16% is near median its 10-year median of 16.18. Over the past 10 years, this metric has ranged from a low of 11.08 to a high of 22.30. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.88. Asahi India Glass' value of 17.16% is 33.3% above this industry median. Based on the distribution chart, Asahi India Glass ranks #615 out of 1338 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Asahi India Glass has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #615 out of 1338 companies for ROC (Joel Greenblatt) %. This puts Asahi India Glass in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.88. Asahi India Glass' value of 17.16% is 33.3% above this benchmark. Historically, Asahi India Glass' own ROC (Joel Greenblatt) % has ranged from 11.08 to 22.30 over the past decade. While the company's 10-year median is 16.18 vs. the industry median of 12.88, Asahi India Glass 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.88, based on 1,338 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. Asahi India Glass's current ROC (Joel Greenblatt) % of 17.16% is 33.3% 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current ROC (Joel Greenblatt) % is 17.16%, which is near median its own 10-year median of 16.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹785.73, compared to a current price of ₹955.90 — trading 21.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.16%, which is near median its 10-year median of 16.18 and 33.3% above the Vehicles & Parts industry median of 12.88. Asahi India Glass' overall GF Score™ is 74/100 with 8 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 Asahi India Glass (NSE:ASAHIINDIA), the current ROC (Joel Greenblatt) % is 17.16% 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued.
The current stock price of ₹955.90 is trading 21.7% above its estimated GF Value™ of ₹785.73.
GuruFocus considers Asahi India Glass to be Modestly Overvalued.
Key valuation signals for NSE:ASAHIINDIA:
ROC (Joel Greenblatt) %: 17.16% (near median its 10-year median of 16.18)
GF Value™: ₹785.73 vs. price of ₹955.90 (21.7% above fair value)
Industry Position: 33.3% above the Vehicles & Parts median (#615 of 1338)
No single metric tells the full story. See the NSE:ASAHIINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
74GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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