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Captain PolyplastNSE:CPL 72 ROC (Joel Greenblatt) % is 20.68% as of Mar. 2026, which is 16% below its 10-year median of 24.54. GuruFocus rates NSE:CPL with a GF Score™ of 72/100 and a GF Value™ of ₹92.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Captain Polyplast ranks better than 60.29% 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. Captain Polyplast's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.68%.
The historical rank and industry rank for Captain Polyplast's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:CPL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.17 Med: 24.54 Max: 33
Current: 19.15
During the past 13 years, Captain Polyplast's highest ROC (Joel Greenblatt) % was 33.00%. The lowest was 12.17%. And the median was 24.54%.
NSE:CPL's ROC (Joel Greenblatt) % is ranked better than 60.29% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24
vs NSE:CPL: 19.15
Captain Polyplast's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.00% per year.
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.
Captain Polyplast ROC (Joel Greenblatt) % Related Terms
Captain Polyplast ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Captain Polyplast'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.
For the Farm & Heavy Construction Machinery subindustry, Captain Polyplast'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.
Captain Polyplast ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Captain Polyplast's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Captain Polyplast's ROC (Joel Greenblatt) % falls into.
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 20.68% mean?
Captain Polyplast (NSE:CPL) has a ROC (Joel Greenblatt) % of 20.68% 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 Captain Polyplast and its competitors. This is 16% below median its historical median of 24.54. Over the past decade, Captain Polyplast's ROC (Joel Greenblatt) % has ranged from 12.17 to 33.00. According to the industry distribution chart, Captain Polyplast ranks #83 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 39.7%.
Is Captain Polyplast's ROC (Joel Greenblatt) % too high?
Captain Polyplast's current ROC (Joel Greenblatt) % of 20.68% is 16% below median its 10-year median of 24.54. Over the past 10 years, this metric has ranged from a low of 12.17 to a high of 33.00. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.24. Captain Polyplast's value of 20.68% is 56.2% above this industry median. Based on the distribution chart, Captain Polyplast ranks #83 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Captain Polyplast has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Captain Polyplast's ROC (Joel Greenblatt) % compare to ?
According to the Farm & Heavy Construction Machinery industry distribution chart, Captain Polyplast ranks #83 out of 209 companies for ROC (Joel Greenblatt) %. This puts Captain Polyplast in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.24. Captain Polyplast's value of 20.68% is 56.2% above this benchmark. Historically, Captain Polyplast's own ROC (Joel Greenblatt) % has ranged from 12.17 to 33.00 over the past decade. While the company's 10-year median is 24.54 vs. the industry median of 13.24, Captain Polyplast 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 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. Captain Polyplast's current ROC (Joel Greenblatt) % of 20.68% is 56.2% 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 Captain Polyplast and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Captain Polyplast's current ROC (Joel Greenblatt) % is 20.68%, which is 16% below median its own 10-year median of 24.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Captain Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Captain Polyplast (NSE:CPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.41, compared to a current price of ₹69.84 — trading 24.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.68%, which is 16% below median its 10-year median of 24.54 and 56.2% above the Farm & Heavy Construction Machinery industry median of 13.24. Captain Polyplast's overall GF Score™ is 72/100 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 Captain Polyplast (NSE:CPL), the current ROC (Joel Greenblatt) % is 20.68% 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 Captain Polyplast (NSE:CPL) Overvalued in 2026?
Based on GuruFocus' analysis, Captain Polyplast stock appears to be undervalued.
The current stock price of ₹69.84 is trading 24.4% below its estimated GF Value™ of ₹92.41.
GuruFocus considers Captain Polyplast to be Modestly Undervalued.
Key valuation signals for NSE:CPL:
ROC (Joel Greenblatt) %: 20.68% (16% below median its 10-year median of 24.54)
GF Value™: ₹92.41 vs. price of ₹69.84 (24.4% below fair value)
Industry Position: 56.2% above the Farm & Heavy Construction Machinery median (#83 of 209)
No single metric tells the full story. See the NSE:CPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation equipment, including drip irrigation systems, irrigation laterals, valves, irrigation filters, sprinkler irrigation systems, mini sprinkler irrigation systems, greenhouses, and mulch films. The majority of the revenue is from the Manufacturing of Micro Irrigation Systems & Allied Products segment.
72GF Score
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