BASF India (NSE:BASF) ROC (Joel Greenblatt) %: 11.80% (As of Mar. 2026) — 51% Below Median

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NSE:BASF BASF India Ltd NSE:BASF
79 GF Score
Price ₹3,523.10
GF Value ₹4,356.75
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is BASF India ROC (Joel Greenblatt) %?

BASF India NSE:BASF -0.58% 79 ROC (Joel Greenblatt) % is 11.80% as of Mar. 2026, which is 51% below its 10-year median of 24.32. GuruFocus rates NSE:BASF with a GF Score™ of 79/100 and a GF Value™ of ₹4,356.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,604 Chemicals companies, BASF India ranks better than 75.75% 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. BASF India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.80%.

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

NSE:BASF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.88   Med: 24.32   Max: 54.96
Current: 20.25

During the past 13 years, BASF India's highest ROC (Joel Greenblatt) % was 54.96%. The lowest was 1.88%. And the median was 24.32%.

NSE:BASF's ROC (Joel Greenblatt) % is ranked better than
75.75% of 1604 companies
in the Chemicals industry
Industry Median: 9.4 vs NSE:BASF: 20.25

BASF India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -12.80% per year.


BASF India  (NSE:BASF) 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.


BASF India ROC (Joel Greenblatt) % Related Terms


BASF India ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BASF India'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.

BASF India ROC (Joel Greenblatt) % Chart

BASF India 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 40.93 25.97 37.26 32.04 22.66

BASF India 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 8.62 34.84 17.70 17.16 11.80

NSE:BASF vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, BASF India'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.


BASF India ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BASF India's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BASF India's ROC (Joel Greenblatt) % falls into.


NSE:BASF
79GF Score
BASF India Ltd NSE:BASF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BASF India 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)
=(27344.6 + 27089.1 + 8112.4) - (36611.3 + 0 + 5664.9)
=20269.9

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BASF India 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 )
=3434.4/( ( (0 + max(0, 0)) + (8842.5 + max(20269.9, 0)) )/ 1 )
=3434.4/( ( 0 + 29112.4 )/ 1 )
=3434.4/29112.4
=11.80 %

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 11.80% mean?
BASF India (NSE:BASF) has a ROC (Joel Greenblatt) % of 11.80% 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 BASF India and its competitors. This is 51% below median its historical median of 24.32. Over the past decade, BASF India's ROC (Joel Greenblatt) % has ranged from 1.88 to 54.96. According to the industry distribution chart, BASF India ranks #389 out of 1604 companies in the Chemicals industry, placing it in the top 24.3%.
Is BASF India's ROC (Joel Greenblatt) % too high?
BASF India's current ROC (Joel Greenblatt) % of 11.80% is 51% below median its 10-year median of 24.32. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 54.96. The Chemicals industry median ROC (Joel Greenblatt) % is 9.40. BASF India's value of 11.80% is 25.5% above this industry median. Based on the distribution chart, BASF India ranks #389 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, BASF India has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BASF India's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, BASF India ranks #389 out of 1604 companies for ROC (Joel Greenblatt) %. This places BASF India in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.40. BASF India's value of 11.80% is 25.5% above this benchmark. Historically, BASF India's own ROC (Joel Greenblatt) % has ranged from 1.88 to 54.96 over the past decade. While the company's 10-year median is 24.32 vs. the industry median of 9.40, BASF India 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.40, based on 1,604 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. BASF India's current ROC (Joel Greenblatt) % of 11.80% is 25.5% 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 BASF India and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BASF India's current ROC (Joel Greenblatt) % is 11.80%, which is 51% below median its own 10-year median of 24.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BASF India stock overvalued right now?
Based on GuruFocus' analysis, BASF India (NSE:BASF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,356.75, compared to a current price of ₹3,523.10 — trading 19.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.80%, which is 51% below median its 10-year median of 24.32 and 25.5% above the Chemicals industry median of 9.40. BASF India's overall GF Score™ is 79/100 with 4 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 BASF India (NSE:BASF), the current ROC (Joel Greenblatt) % is 11.80% 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 BASF India (NSE:BASF) Overvalued in 2026?

Based on GuruFocus' analysis, BASF India stock appears to be undervalued. The current stock price of ₹3,523.10 is trading 19.1% below its estimated GF Value™ of ₹4,356.75. GuruFocus considers BASF India to be Modestly Undervalued.

Key valuation signals for NSE:BASF:

  • ROC (Joel Greenblatt) %: 11.80% (51% below median its 10-year median of 24.32)
  • GF Value™: ₹4,356.75 vs. price of ₹3,523.10 (19.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 25.5% above the Chemicals median (#389 of 1604)

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


BASF India Business Description

Other Exchanges 500042:India
Address Eastern Express Highway, Unit Nos. 10A, 10B, 10C, 10th Floor, Godrej One, Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400 079
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. The industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. Chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.
79GF Score

Get the complete analysis for NSE:BASF

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

₹3,523.10
Price
₹4,356.75
GF Value