Asian Energy Services (NSE:ASIANENE) ROC (Joel Greenblatt) %: 56.02% (As of Mar. 2026) — 196% Above Median

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NSE:ASIANENE Asian Energy Services Ltd NSE:ASIANENE
83 GF Score
Price ₹398.55
GF Value ₹703.19
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Asian Energy Services ROC (Joel Greenblatt) %?

Asian Energy Services NSE:ASIANENE +1.61% 83 ROC (Joel Greenblatt) % is 56.02% as of Mar. 2026, which is 196% above its 10-year median of 18.91. GuruFocus rates NSE:ASIANENE with a GF Score™ of 83/100 and a GF Value™ of ₹703.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 998 Oil & Gas companies, Asian Energy Services ranks better than 82.06% 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. Asian Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 56.02%.

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

NSE:ASIANENE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.93   Med: 18.91   Max: 38.37
Current: 25.65

During the past 13 years, Asian Energy Services's highest ROC (Joel Greenblatt) % was 38.37%. The lowest was -25.93%. And the median was 18.91%.

NSE:ASIANENE's ROC (Joel Greenblatt) % is ranked better than
82.06% of 998 companies
in the Oil & Gas industry
Industry Median: 8.43 vs NSE:ASIANENE: 25.65

Asian Energy Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Asian Energy Services  (NSE:ASIANENE) 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.


Asian Energy Services ROC (Joel Greenblatt) % Related Terms


Asian Energy Services ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Asian Energy Services'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.

Asian Energy Services ROC (Joel Greenblatt) % Chart

Asian Energy Services 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 25.64 -25.93 16.19 24.19 26.96

Asian Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 43.54 13.27 -1.14 32.94 56.02

NSE:ASIANENE vs SLB, BKR, FTI: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, Asian Energy 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.


Asian Energy Services ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Asian Energy Services's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Asian Energy Services's ROC (Joel Greenblatt) % falls into.


NSE:ASIANENE
83GF Score
Asian Energy Services Ltd NSE:ASIANENE
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Energy Services 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)
=(3477.344 + 2.925 + 517.134) - (2424.634 + 0 + 99.497)
=1473.272

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Asian Energy Services 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 )
=1723.596/( ( (0 + max(0, 0)) + (1603.404 + max(1473.272, 0)) )/ 1 )
=1723.596/( ( 0 + 3076.676 )/ 1 )
=1723.596/3076.676
=56.02 %

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 56.02% mean?
Asian Energy Services (NSE:ASIANENE) has a ROC (Joel Greenblatt) % of 56.02% 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 Asian Energy Services and its competitors. This is 196% above median its historical median of 18.91. According to the industry distribution chart, Asian Energy Services ranks #179 out of 998 companies in the Oil & Gas industry, placing it in the top 17.9%.
Is Asian Energy Services' ROC (Joel Greenblatt) % too high?
Asian Energy Services' current ROC (Joel Greenblatt) % of 56.02% is 196% above median its 10-year median of 18.91. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.43. Asian Energy Services' value of 56.02% is 564.5% above this industry median. Based on the distribution chart, Asian Energy Services ranks #179 out of 998 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Asian Energy Services has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Energy Services' ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Asian Energy Services ranks #179 out of 998 companies for ROC (Joel Greenblatt) %. This places Asian Energy Services in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.43. Asian Energy Services' value of 56.02% is 564.5% above this benchmark. While the company's 10-year median is 18.91 vs. the industry median of 8.43, Asian Energy 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.43, based on 998 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. Asian Energy Services's current ROC (Joel Greenblatt) % of 56.02% is 564.5% 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 Asian Energy Services and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Energy Services's current ROC (Joel Greenblatt) % is 56.02%, which is 196% above median its own 10-year median of 18.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Asian Energy Services (NSE:ASIANENE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹703.19, compared to a current price of ₹398.55 — trading 43.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 56.02%, which is 196% above median its 10-year median of 18.91 and 564.5% above the Oil & Gas industry median of 8.43. Asian Energy Services' overall GF Score™ is 83/100 with 5 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 Asian Energy Services (NSE:ASIANENE), the current ROC (Joel Greenblatt) % is 56.02% 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 Asian Energy Services (NSE:ASIANENE) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Energy Services stock appears to be undervalued. The current stock price of ₹398.55 is trading 43.3% below its estimated GF Value™ of ₹703.19. GuruFocus considers Asian Energy Services to be Significantly Undervalued.

Key valuation signals for NSE:ASIANENE:

  • ROC (Joel Greenblatt) %: 56.02% (196% above median its 10-year median of 18.91)
  • GF Value™: ₹703.19 vs. price of ₹398.55 (43.3% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 564.5% above the Oil & Gas median (#179 of 998)

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


Asian Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges 530355:India
Address Eastern Express Highway, 3B, 3rd Floor, Omkar Esquare, Chunabhatti Signal, Sion (East), Mumbai, MH, IND, 400022
Asian Energy Services Ltd is engaged in providing services in the energy sector, including oilfield services. The group also provides Operations and Maintenance (O&M) services for offshore production assets like Floating Production Unit (FPU), Mobile Offshore Production Unit( MOPU), Floating Production Storage and Offloading (FPSO), Floating Storage and Offloading (FSO), Onshore Oil & Gas Terminals, Energy and Mineral Infrastructure, and Oil & Gas Production Segment. The company has two reportable segments, namely, Oil and Gas and Mineral and other energy sectors.
83GF Score

Get the complete analysis for NSE:ASIANENE

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

₹398.55
Price
₹703.19
GF Value