Ascom Leasing & Investments (NSE:ASCOM) ROC (Joel Greenblatt) %: 146.11% (As of Mar. 2025) — 32% Below Median


NSE:ASCOM Ascom Leasing & Investments Ltd NSE:ASCOM
57 GF Score
Price ₹259.35
GF Value ₹126.78
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ascom Leasing & Investments ROC (Joel Greenblatt) %?

Ascom Leasing & Investments NSE:ASCOM 57 ROC (Joel Greenblatt) % is 146.11% as of Mar. 2025, which is 32% below its 10-year median of 214.37. GuruFocus rates NSE:ASCOM with a GF Score™ of 57/100 and a GF Value™ of ₹126.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 413 Credit Services companies, Ascom Leasing & Investments ranks better than 62.71% 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. Ascom Leasing & Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 146.11%.

The historical rank and industry rank for Ascom Leasing & Investments's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:ASCOM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.68   Med: 214.37   Max: 2958.45
Current: 146.11

During the past 10 years, Ascom Leasing & Investments's highest ROC (Joel Greenblatt) % was 2958.45%. The lowest was 0.68%. And the median was 214.37%.

NSE:ASCOM's ROC (Joel Greenblatt) % is ranked better than
62.71% of 413 companies
in the Credit Services industry
Industry Median: 38.19 vs NSE:ASCOM: 146.11

Ascom Leasing & Investments's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -38.90% per year.


Ascom Leasing & Investments  (NSE:ASCOM) 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.


Ascom Leasing & Investments ROC (Joel Greenblatt) % Related Terms


Ascom Leasing & Investments ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments ROC (Joel Greenblatt) % Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,718.96 2,958.45 2,633.44 282.62 146.11

Ascom Leasing & Investments Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,718.96 2,958.45 2,633.44 282.62 146.11

NSE:ASCOM vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison

For the Credit Services subindustry, Ascom Leasing & Investments'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.


Ascom Leasing & Investments ROC (Joel Greenblatt) % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's ROC (Joel Greenblatt) % falls into.


NSE:ASCOM
57GF Score
Ascom Leasing & Investments Ltd NSE:ASCOM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascom Leasing & Investments 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.5 + 0 + 32.611) - (5.053 + 0 + 17.737)
=44.321

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.476 + 0 + 35.878) - (9.049 + 0 + 18.044)
=49.261

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ascom Leasing & Investments for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=73.302/( ( (1.469 + max(44.321, 0)) + (5.284 + max(49.261, 0)) )/ 2 )
=73.302/( ( 45.79 + 54.545 )/ 2 )
=73.302/50.1675
=146.11 %

Note: The EBIT data used here is one times the annual (Mar. 2025) 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 146.11% mean?
Ascom Leasing & Investments (NSE:ASCOM) has a ROC (Joel Greenblatt) % of 146.11% as of Mar. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ascom Leasing & Investments and its competitors. This is 32% below median its historical median of 214.37. Over the past decade, Ascom Leasing & Investments' ROC (Joel Greenblatt) % has ranged from 0.68 to 2,958.45. According to the industry distribution chart, Ascom Leasing & Investments ranks #154 out of 413 companies in the Credit Services industry, placing it in the top 37.3%.
Is Ascom Leasing & Investments' ROC (Joel Greenblatt) % too high?
Ascom Leasing & Investments' current ROC (Joel Greenblatt) % of 146.11% is 32% below median its 10-year median of 214.37. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2,958.45. The Credit Services industry median ROC (Joel Greenblatt) % is 38.19. Ascom Leasing & Investments' value of 146.11% is 282.6% above this industry median. Based on the distribution chart, Ascom Leasing & Investments ranks #154 out of 413 companies in the Credit Services industry, which is above the industry midpoint. Overall, Ascom Leasing & Investments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascom Leasing & Investments' ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Ascom Leasing & Investments ranks #154 out of 413 companies for ROC (Joel Greenblatt) %. This puts Ascom Leasing & Investments in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 38.19. Ascom Leasing & Investments' value of 146.11% is 282.6% above this benchmark. Historically, Ascom Leasing & Investments' own ROC (Joel Greenblatt) % has ranged from 0.68 to 2,958.45 over the past decade. While the company's 10-year median is 214.37 vs. the industry median of 38.19, Ascom Leasing & Investments 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.19, based on 413 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. Ascom Leasing & Investments's current ROC (Joel Greenblatt) % of 146.11% is 282.6% 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 Ascom Leasing & Investments and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascom Leasing & Investments's current ROC (Joel Greenblatt) % is 146.11%, which is 32% below median its own 10-year median of 214.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascom Leasing & Investments stock overvalued right now?
Based on GuruFocus' analysis, Ascom Leasing & Investments (NSE:ASCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹126.78, compared to a current price of ₹259.35 — trading 104.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 146.11%, which is 32% below median its 10-year median of 214.37 and 282.6% above the Credit Services industry median of 38.19. Ascom Leasing & Investments' overall GF Score™ is 57/100 with 9 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 Ascom Leasing & Investments (NSE:ASCOM), the current ROC (Joel Greenblatt) % is 146.11% as of Mar. 2025. 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 Ascom Leasing & Investments (NSE:ASCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Ascom Leasing & Investments stock appears to be overvalued. The current stock price of ₹259.35 is trading 104.6% above its estimated GF Value™ of ₹126.78. GuruFocus considers Ascom Leasing & Investments to be Significantly Overvalued.

Key valuation signals for NSE:ASCOM:

  • ROC (Joel Greenblatt) %: 146.11% (32% below median its 10-year median of 214.37)
  • GF Value™: ₹126.78 vs. price of ₹259.35 (104.6% above fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 282.6% above the Credit Services median (#154 of 413)

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


Ascom Leasing & Investments Business Description

Address Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Maniba Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of financing and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.
57GF Score

Get the complete analysis for NSE:ASCOM

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

₹259.35
Price
₹126.78
GF Value