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Blue Dart ExpressNSE:BLUEDART -1.32%89 ROC (Joel Greenblatt) % is 27.62% as of Jun. 2026, which is 1% below its 10-year median of 28.01. GuruFocus rates NSE:BLUEDART with a GF Score™ of 89/100 and a GF Value™ of ₹7,504.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 999 Transportation companies, Blue Dart Express ranks better than 77.08% 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. Blue Dart Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 27.62%.
The historical rank and industry rank for Blue Dart Express's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:BLUEDART'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.01 Med: 28.01 Max: 60.91
Current: 24.36
During the past 13 years, Blue Dart Express's highest ROC (Joel Greenblatt) % was 60.91%. The lowest was 7.01%. And the median was 28.01%.
NSE:BLUEDART's ROC (Joel Greenblatt) % is ranked better than 77.08% of 999
companies
in the Transportation industry
Industry Median: 11.71
vs NSE:BLUEDART: 24.36
Blue Dart Express's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.70% per year.
Blue Dart Express (NSE:BLUEDART) 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.
Blue Dart Express ROC (Joel Greenblatt) % Related Terms
Blue Dart Express ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Blue Dart Express'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:BLUEDART vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison
For the Integrated Freight & Logistics subindustry, Blue Dart Express'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.
Blue Dart Express ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Blue Dart Express's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Blue Dart Express's ROC (Joel Greenblatt) % falls into.
Blue Dart Express 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 27.62% mean?
Blue Dart Express (NSE:BLUEDART) has a ROC (Joel Greenblatt) % of 27.62% 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 Blue Dart Express and its competitors. This is near median its historical median of 28.01. Over the past decade, Blue Dart Express' ROC (Joel Greenblatt) % has ranged from 7.01 to 60.91. According to the industry distribution chart, Blue Dart Express ranks #229 out of 999 companies in the Transportation industry, placing it in the top 22.9%.
Is Blue Dart Express' ROC (Joel Greenblatt) % too high?
Blue Dart Express' current ROC (Joel Greenblatt) % of 27.62% is near median its 10-year median of 28.01. Over the past 10 years, this metric has ranged from a low of 7.01 to a high of 60.91. The Transportation industry median ROC (Joel Greenblatt) % is 11.71. Blue Dart Express' value of 27.62% is 135.9% above this industry median. Based on the distribution chart, Blue Dart Express ranks #229 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Blue Dart Express has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Dart Express' ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Blue Dart Express ranks #229 out of 999 companies for ROC (Joel Greenblatt) %. This places Blue Dart Express in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.71. Blue Dart Express' value of 27.62% is 135.9% above this benchmark. Historically, Blue Dart Express' own ROC (Joel Greenblatt) % has ranged from 7.01 to 60.91 over the past decade. While the company's 10-year median is 28.01 vs. the industry median of 11.71, Blue Dart Express 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.71, based on 999 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. Blue Dart Express's current ROC (Joel Greenblatt) % of 27.62% is 135.9% 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 Blue Dart Express and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Dart Express's current ROC (Joel Greenblatt) % is 27.62%, which is near median its own 10-year median of 28.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Dart Express stock overvalued right now?
Based on GuruFocus' analysis, Blue Dart Express (NSE:BLUEDART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹7,504.29, compared to a current price of ₹5,293.50 — trading 29.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.62%, which is near median its 10-year median of 28.01 and 135.9% above the Transportation industry median of 11.71. Blue Dart Express' overall GF Score™ is 89/100 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 Blue Dart Express (NSE:BLUEDART), the current ROC (Joel Greenblatt) % is 27.62% 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 Blue Dart Express (NSE:BLUEDART) Overvalued in 2026?
Based on GuruFocus' analysis, Blue Dart Express stock appears to be undervalued.
The current stock price of ₹5,293.50 is trading 29.5% below its estimated GF Value™ of ₹7,504.29.
GuruFocus considers Blue Dart Express to be Modestly Undervalued.
Key valuation signals for NSE:BLUEDART:
ROC (Joel Greenblatt) %: 27.62% (near median its 10-year median of 28.01)
GF Value™: ₹7,504.29 vs. price of ₹5,293.50 (29.5% below fair value)
Industry Position: 135.9% above the Transportation median (#229 of 999)
No single metric tells the full story. See the NSE:BLUEDART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.
89GF Score
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