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Axita CottonNSE:AXITA 61 ROC (Joel Greenblatt) % is -34.94% as of Mar. 2026. GuruFocus rates NSE:AXITA with a GF Score™ of 61/100 and a GF Value™ of ₹5.40 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Axita Cotton ranks better than 55.03% 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. Axita Cotton's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -34.94%.
The historical rank and industry rank for Axita Cotton's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:AXITA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.15 Med: 14.36 Max: 76.48
Current: 10.19
During the past 13 years, Axita Cotton's highest ROC (Joel Greenblatt) % was 76.48%. The lowest was 4.15%. And the median was 14.36%.
NSE:AXITA's ROC (Joel Greenblatt) % is ranked better than 55.03% of 1063
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.37
vs NSE:AXITA: 10.19
Axita Cotton's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -32.50% per year.
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.
Axita Cotton ROC (Joel Greenblatt) % Related Terms
Axita Cotton ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Axita Cotton'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.
For the Textile Manufacturing subindustry, Axita Cotton'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.
Axita Cotton ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Axita Cotton's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Axita Cotton'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 -34.94% mean?
Axita Cotton (NSE:AXITA) has a ROC (Joel Greenblatt) % of -34.94% 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 Axita Cotton and its competitors. Over the past decade, Axita Cotton's ROC (Joel Greenblatt) % has ranged from 4.15 to 76.48. According to the industry distribution chart, Axita Cotton ranks #478 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45%.
Is Axita Cotton's ROC (Joel Greenblatt) % too high?
Axita Cotton's current ROC (Joel Greenblatt) % is -34.94%. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 76.48. Based on the distribution chart, Axita Cotton ranks #478 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Axita Cotton has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axita Cotton's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Axita Cotton ranks #478 out of 1063 companies for ROC (Joel Greenblatt) %. This puts Axita Cotton in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.37. Historically, Axita Cotton's own ROC (Joel Greenblatt) % has ranged from 4.15 to 76.48 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.37, based on 1,063 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. 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 Axita Cotton and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axita Cotton's current ROC (Joel Greenblatt) % is -34.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axita Cotton stock overvalued right now?
Based on GuruFocus' analysis, Axita Cotton (NSE:AXITA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.40, compared to a current price of ₹7.40 — trading 37% above its estimated fair value. The current ROC (Joel Greenblatt) % is -34.94%. Axita Cotton's overall GF Score™ is 61/100 with 3 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 Axita Cotton (NSE:AXITA), the current ROC (Joel Greenblatt) % is -34.94% 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 Axita Cotton (NSE:AXITA) Overvalued in 2026?
Based on GuruFocus' analysis, Axita Cotton stock appears to be overvalued.
The current stock price of ₹7.40 is trading 37% above its estimated GF Value™ of ₹5.40.
GuruFocus considers Axita Cotton to be Significantly Overvalued.
Key valuation signals for NSE:AXITA:
ROC (Joel Greenblatt) %: -34.94%
GF Value™: ₹5.40 vs. price of ₹7.40 (37% above fair value)
No single metric tells the full story. See the NSE:AXITA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axita Cotton Ltd is an India-based company engaged in the manufacturing, processing, and finishing of Kapas, cotton bales, and cotton seeds. It earns revenue from bales sales domestically, bales sales exports, and Shankar Kapasia.
61GF Score
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