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Commercial Syn BagsNSE:COMSYN -9.97%45 ROC (Joel Greenblatt) % is 16.46% as of Mar. 2026, which is 5% above its 10-year median of 15.71. GuruFocus rates NSE:COMSYN with a GF Score™ of 45/100 and a GF Value™ of ₹100.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 401 Packaging & Containers companies, Commercial Syn Bags ranks better than 74.06% 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. Commercial Syn Bags's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.46%.
The historical rank and industry rank for Commercial Syn Bags's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:COMSYN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.23 Med: 15.71 Max: 19.77
Current: 17.07
During the past 13 years, Commercial Syn Bags's highest ROC (Joel Greenblatt) % was 19.77%. The lowest was 8.23%. And the median was 15.71%.
NSE:COMSYN's ROC (Joel Greenblatt) % is ranked better than 74.06% of 401
companies
in the Packaging & Containers industry
Industry Median: 8.91
vs NSE:COMSYN: 17.07
Commercial Syn Bags's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.40% per year.
Commercial Syn Bags (NSE:COMSYN) 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.
Commercial Syn Bags ROC (Joel Greenblatt) % Related Terms
Commercial Syn Bags ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Commercial Syn Bags'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:COMSYN vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Commercial Syn Bags'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.
Commercial Syn Bags ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Commercial Syn Bags's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Commercial Syn Bags's ROC (Joel Greenblatt) % falls into.
Commercial Syn Bags 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 (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 16.46% mean?
Commercial Syn Bags (NSE:COMSYN) has a ROC (Joel Greenblatt) % of 16.46% 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 Commercial Syn Bags and its competitors. This is near median its historical median of 15.71. Over the past decade, Commercial Syn Bags' ROC (Joel Greenblatt) % has ranged from 8.23 to 19.77. According to the industry distribution chart, Commercial Syn Bags ranks #104 out of 401 companies in the Packaging & Containers industry, placing it in the top 25.9%.
Is Commercial Syn Bags' ROC (Joel Greenblatt) % too high?
Commercial Syn Bags' current ROC (Joel Greenblatt) % of 16.46% is near median its 10-year median of 15.71. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 19.77. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.91. Commercial Syn Bags' value of 16.46% is 84.7% above this industry median. Based on the distribution chart, Commercial Syn Bags ranks #104 out of 401 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Commercial Syn Bags has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial Syn Bags' ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Commercial Syn Bags ranks #104 out of 401 companies for ROC (Joel Greenblatt) %. This puts Commercial Syn Bags in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.91. Commercial Syn Bags' value of 16.46% is 84.7% above this benchmark. Historically, Commercial Syn Bags' own ROC (Joel Greenblatt) % has ranged from 8.23 to 19.77 over the past decade. While the company's 10-year median is 15.71 vs. the industry median of 8.91, Commercial Syn Bags 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.91, based on 401 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. Commercial Syn Bags's current ROC (Joel Greenblatt) % of 16.46% is 84.7% 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 Commercial Syn Bags and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial Syn Bags's current ROC (Joel Greenblatt) % is 16.46%, which is near median its own 10-year median of 15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Syn Bags stock overvalued right now?
Based on GuruFocus' analysis, Commercial Syn Bags (NSE:COMSYN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹100.09, compared to a current price of ₹188.48 — trading 88.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.46%, which is near median its 10-year median of 15.71 and 84.7% above the Packaging & Containers industry median of 8.91. Commercial Syn Bags' overall GF Score™ is 45/100 with 6 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 Commercial Syn Bags (NSE:COMSYN), the current ROC (Joel Greenblatt) % is 16.46% 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 Commercial Syn Bags (NSE:COMSYN) Overvalued in 2026?
Based on GuruFocus' analysis, Commercial Syn Bags stock appears to be overvalued.
The current stock price of ₹188.48 is trading 88.3% above its estimated GF Value™ of ₹100.09.
GuruFocus considers Commercial Syn Bags to be Significantly Overvalued.
Key valuation signals for NSE:COMSYN:
ROC (Joel Greenblatt) %: 16.46% (near median its 10-year median of 15.71)
GF Value™: ₹100.09 vs. price of ₹188.48 (88.3% above fair value)
Industry Position: 84.7% above the Packaging & Containers median (#104 of 401)
No single metric tells the full story. See the NSE:COMSYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commercial Syn Bags Ltd is engaged in the business of manufacturing and selling Flexible Intermediate Bulk Container (FIBC), High-Density Polyethylene (HDPE), and Polypropylene (PP) Woven Sacks, PP fabric, BOPP Bags, Pond Liners, Mulch Films, Laminates, Vermi Beds, Flexible Pipes, Geotextiles, Ground Cover, and others. The company's operating segment includes Manufacturing and Trading. The company generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Outside India.
45GF Score
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