C2C Advanced Systems (NSE:C2C) ROC (Joel Greenblatt) %: 35.99% (As of Mar. 2025)

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NSE:C2C C2C Advanced Systems Ltd NSE:C2C
18 GF Score
Price ₹418.90
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What is C2C Advanced Systems ROC (Joel Greenblatt) %?

C2C Advanced Systems NSE:C2C +1.55% 18 ROC (Joel Greenblatt) % is 35.99% as of Mar. 2025. GuruFocus rates NSE:C2C with a GF Score™ of 18/100.

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. C2C Advanced Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 35.99%.

The historical rank and industry rank for C2C Advanced Systems's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:C2C's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 20
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

C2C Advanced Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


C2C Advanced Systems  (NSE:C2C) 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.


C2C Advanced Systems ROC (Joel Greenblatt) % Related Terms


C2C Advanced Systems ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for C2C Advanced Systems'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.

C2C Advanced Systems ROC (Joel Greenblatt) % Chart

C2C Advanced Systems Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
-23.33 -245.22 56.22 50.98 29.52

C2C Advanced Systems Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 0.00 0.00 34.15 35.99

NSE:C2C vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, C2C Advanced Systems'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.


C2C Advanced Systems ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, C2C Advanced Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where C2C Advanced Systems's ROC (Joel Greenblatt) % falls into.


NSE:C2C
18GF Score
C2C Advanced Systems Ltd NSE:C2C
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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C2C Advanced Systems 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(745.512 + 96.646 + 193.869) - (38.791 + 0 + 61.885)
=935.351

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1099.587 + 588.26 + 354.382) - (53.872 + 0 + 108.549)
=1879.808

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of C2C Advanced Systems 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: Sep. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=577.92/( ( (16.323 + max(935.351, 0)) + (380.087 + max(1879.808, 0)) )/ 2 )
=577.92/( ( 951.674 + 2259.895 )/ 2 )
=577.92/1605.7845
=35.99 %

Note: The EBIT data used here is two times the semi-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 35.99% mean?
C2C Advanced Systems (NSE:C2C) has a ROC (Joel Greenblatt) % of 35.99% 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 C2C Advanced Systems and its competitors.
Is C2C Advanced Systems' ROC (Joel Greenblatt) % too high?
C2C Advanced Systems' current ROC (Joel Greenblatt) % is 35.99%. The Software industry median ROC (Joel Greenblatt) % is 20.00. C2C Advanced Systems' value of 35.99% is 80% above this industry median. Overall, C2C Advanced Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does C2C Advanced Systems' ROC (Joel Greenblatt) % compare to IBM and ACN?
C2C Advanced Systems' ROC (Joel Greenblatt) % of 35.99% can be compared against companies in the Software industry. The industry median ROC (Joel Greenblatt) % is 20.00. C2C Advanced Systems' value of 35.99% is 80% above this benchmark. 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.00, based on 2,814 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. C2C Advanced Systems's current ROC (Joel Greenblatt) % of 35.99% is 80% 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 C2C Advanced Systems and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C2C Advanced Systems's current ROC (Joel Greenblatt) % is 35.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C2C Advanced Systems stock overvalued right now?
C2C Advanced Systems (NSE:C2C) has a current ROC (Joel Greenblatt) % of 35.99%. The current ROC (Joel Greenblatt) % is 35.99% and 80% above the Software industry median of 20.00. C2C Advanced Systems' overall GF Score™ is 18/100. 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 C2C Advanced Systems (NSE:C2C), the current ROC (Joel Greenblatt) % is 35.99% 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.

C2C Advanced Systems Business Description

Address C4, Anand Niketan, New Delhi, IND, 110 021
C2C Advanced Systems Ltd is a vertically integrated Defence electronics solutions provider catering to the indigenously developed defence products industry in India. The company has developed several offerings which cater to the entire spectrum of defence platforms both in the air and in the sea. It has design capabilities across the entire spectrum of strategic defence solutions including processors, power, radio frequencies (RF), radars and microwaves, embedded software and firmware. its core competencies include hardware design and development, software design and development, mechanical design and development, product prototype design and development, functional testing and validation, environment testing and verification and engineering services opportunities.
18GF Score

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

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