CIE Automotive India (NSE:CIEINDIA) ROC (Joel Greenblatt) %: 35.94% (As of Jun. 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CIEINDIA CIE Automotive India Ltd NSE:CIEINDIA
93 GF Score
Price ₹399.35
GF Value ₹524.01
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is CIE Automotive India ROC (Joel Greenblatt) %?

CIE Automotive India NSE:CIEINDIA -0.42% 93 ROC (Joel Greenblatt) % is 35.94% as of Jun. 2026, which is 17% above its 10-year median of 30.69. GuruFocus rates NSE:CIEINDIA with a GF Score™ of 93/100 and a GF Value™ of ₹524.01 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,336 Vehicles & Parts companies, CIE Automotive India ranks better than 86.38% 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. CIE Automotive India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 35.94%.

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

NSE:CIEINDIA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.96   Med: 30.69   Max: 39.9
Current: 34.67

During the past 13 years, CIE Automotive India's highest ROC (Joel Greenblatt) % was 39.90%. The lowest was 8.96%. And the median was 30.69%.

NSE:CIEINDIA's ROC (Joel Greenblatt) % is ranked better than
86.38% of 1336 companies
in the Vehicles & Parts industry
Industry Median: 12.755 vs NSE:CIEINDIA: 34.67

CIE Automotive India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.10% per year.


CIE Automotive India  (NSE:CIEINDIA) 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.


CIE Automotive India ROC (Joel Greenblatt) % Related Terms


CIE Automotive India ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CIE Automotive 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.

CIE Automotive India ROC (Joel Greenblatt) % Chart

CIE Automotive India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.19 32.72 39.90 37.75 34.37

CIE Automotive India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 30.68 32.20 31.77 40.57 35.94

NSE:CIEINDIA vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, CIE Automotive 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.


CIE Automotive India ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CIE Automotive India's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:CIEINDIA
93GF Score
CIE Automotive India Ltd NSE:CIEINDIA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIE Automotive 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: Mar. 2026 )
=(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: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13414.22 + 12166.73 + 1858.76) - (20760.67 + 0 + 4195.62)
=2483.42

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CIE Automotive India for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12887.48/( ( (0 + max(0, 0)) + (33377.22 + max(2483.42, 0)) )/ 1 )
=12887.48/( ( 0 + 35860.64 )/ 1 )
=12887.48/35860.64
=35.94 %

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 35.94% mean?
CIE Automotive India (NSE:CIEINDIA) has a ROC (Joel Greenblatt) % of 35.94% 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 CIE Automotive India and its competitors. This is 17% above median its historical median of 30.69. Over the past decade, CIE Automotive India's ROC (Joel Greenblatt) % has ranged from 8.96 to 39.90. According to the industry distribution chart, CIE Automotive India ranks #182 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 13.6%.
Is CIE Automotive India's ROC (Joel Greenblatt) % too high?
CIE Automotive India's current ROC (Joel Greenblatt) % of 35.94% is 17% above median its 10-year median of 30.69. Over the past 10 years, this metric has ranged from a low of 8.96 to a high of 39.90. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.76. CIE Automotive India's value of 35.94% is 181.8% above this industry median. Based on the distribution chart, CIE Automotive India ranks #182 out of 1336 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, CIE Automotive India has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIE Automotive India's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, CIE Automotive India ranks #182 out of 1336 companies for ROC (Joel Greenblatt) %. This places CIE Automotive India in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.76. CIE Automotive India's value of 35.94% is 181.8% above this benchmark. Historically, CIE Automotive India's own ROC (Joel Greenblatt) % has ranged from 8.96 to 39.90 over the past decade. While the company's 10-year median is 30.69 vs. the industry median of 12.76, CIE Automotive 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.76, based on 1,336 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. CIE Automotive India's current ROC (Joel Greenblatt) % of 35.94% is 181.8% 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 CIE Automotive India and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIE Automotive India's current ROC (Joel Greenblatt) % is 35.94%, which is 17% above median its own 10-year median of 30.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIE Automotive India stock overvalued right now?
Based on GuruFocus' analysis, CIE Automotive India (NSE:CIEINDIA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹524.01, compared to a current price of ₹399.35 — trading 23.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 35.94%, which is 17% above median its 10-year median of 30.69 and 181.8% above the Vehicles & Parts industry median of 12.76. CIE Automotive India's overall GF Score™ is 93/100 with 1 warning sign 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 CIE Automotive India (NSE:CIEINDIA), the current ROC (Joel Greenblatt) % is 35.94% 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 CIE Automotive India (NSE:CIEINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, CIE Automotive India stock appears to be undervalued. The current stock price of ₹399.35 is trading 23.8% below its estimated GF Value™ of ₹524.01. GuruFocus considers CIE Automotive India to be Modestly Undervalued.

Key valuation signals for NSE:CIEINDIA:

  • ROC (Joel Greenblatt) %: 35.94% (17% above median its 10-year median of 30.69)
  • GF Value™: ₹524.01 vs. price of ₹399.35 (23.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 181.8% above the Vehicles & Parts median (#182 of 1336)

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


CIE Automotive India Business Description

Other Exchanges 532756:India
Address Baner Road, Office No. 602 & 603, Amar Business Park, Opposite Sadanand Resort, Pune, MH, IND, 411045
CIE Automotive India Ltd is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including suppliers of components) in India and overseas. The company has manufacturing facilities in India, Germany, Spain, Lithuania, Italy, and Mexico. The company has an established presence in each of these locations and supplies automotive components to its customers based there and export products to customers based in other countries as well. Geographically the company operates in two segments India and Europe. It generates maximum revenue from India.
93GF Score

Get the complete analysis for NSE:CIEINDIA

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

₹399.35
Price
₹524.01
GF Value