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.
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.
CSL FinanceNSE:CSLFINANCE +0.09%75 ROC (Joel Greenblatt) % is 1,466.71% as of Mar. 2026, which is 45% above its 10-year median of 1,012.95. GuruFocus rates NSE:CSLFINANCE with a GF Score™ of 75/100 and a GF Value™ of ₹446.98 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 416 Credit Services companies, CSL Finance ranks better than 87.26% 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. CSL Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,466.71%.
The historical rank and industry rank for CSL Finance's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:CSLFINANCE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 676.87 Med: 1012.95 Max: 4029.03
Current: 856.64
During the past 13 years, CSL Finance's highest ROC (Joel Greenblatt) % was 4029.03%. The lowest was 676.87%. And the median was 1012.95%.
NSE:CSLFINANCE's ROC (Joel Greenblatt) % is ranked better than 87.26% of 416
companies
in the Credit Services industry
Industry Median: 38.59
vs NSE:CSLFINANCE: 856.64
CSL Finance's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.20% 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.
CSL Finance ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CSL Finance'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:CSLFINANCE vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, CSL Finance'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.
CSL Finance ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, CSL Finance's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CSL Finance'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 1,466.71% mean?
CSL Finance (NSE:CSLFINANCE) has a ROC (Joel Greenblatt) % of 1,466.71% 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 CSL Finance and its competitors. This is 45% above median its historical median of 1,012.95. Over the past decade, CSL Finance's ROC (Joel Greenblatt) % has ranged from 676.87 to 4,029.03. According to the industry distribution chart, CSL Finance ranks #53 out of 416 companies in the Credit Services industry, placing it in the top 12.7%.
Is CSL Finance's ROC (Joel Greenblatt) % too high?
CSL Finance's current ROC (Joel Greenblatt) % of 1,466.71% is 45% above median its 10-year median of 1,012.95. Over the past 10 years, this metric has ranged from a low of 676.87 to a high of 4,029.03. The Credit Services industry median ROC (Joel Greenblatt) % is 38.59. CSL Finance's value of 1,466.71% is 3700.8% above this industry median. Based on the distribution chart, CSL Finance ranks #53 out of 416 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, CSL Finance has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CSL Finance's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, CSL Finance ranks #53 out of 416 companies for ROC (Joel Greenblatt) %. This places CSL Finance in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 38.59. CSL Finance's value of 1,466.71% is 3700.8% above this benchmark. Historically, CSL Finance's own ROC (Joel Greenblatt) % has ranged from 676.87 to 4,029.03 over the past decade. While the company's 10-year median is 1,012.95 vs. the industry median of 38.59, CSL Finance 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.59, based on 416 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. CSL Finance's current ROC (Joel Greenblatt) % of 1,466.71% is 3700.8% 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 CSL Finance and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSL Finance's current ROC (Joel Greenblatt) % is 1,466.71%, which is 45% above median its own 10-year median of 1,012.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSL Finance stock overvalued right now?
Based on GuruFocus' analysis, CSL Finance (NSE:CSLFINANCE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹446.98, compared to a current price of ₹213.84 — trading 52.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,466.71%, which is 45% above median its 10-year median of 1,012.95 and 3700.8% above the Credit Services industry median of 38.59. CSL Finance's overall GF Score™ is 75/100 with 7 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 CSL Finance (NSE:CSLFINANCE), the current ROC (Joel Greenblatt) % is 1,466.71% 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 CSL Finance (NSE:CSLFINANCE) Overvalued in 2026?
Based on GuruFocus' analysis, CSL Finance stock appears to be undervalued.
The current stock price of ₹213.84 is trading 52.2% below its estimated GF Value™ of ₹446.98.
GuruFocus considers CSL Finance to be Possible Value Trap.
Key valuation signals for NSE:CSLFINANCE:
ROC (Joel Greenblatt) %: 1,466.71% (45% above median its 10-year median of 1,012.95)
GF Value™: ₹446.98 vs. price of ₹213.84 (52.2% below fair value)
Industry Position: 3700.8% above the Credit Services median (#53 of 416)
No single metric tells the full story. See the NSE:CSLFINANCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSL Finance Ltd operates as a non-banking financial institution. The business activity of the company is to offer secured and unsecured lending to small and medium-size business units to fulfil their financial needs. The company's business is classified into two broader segments of SME business and Wholesale business. SME business is mainly focused on micro and small business loans to various business entities, which is secured mostly against self-occupied Residential or Commercial properties. Wholesale business is focused on big ticket size loans for the working capital requirement of businesses. The primary revenue source of the company is interest income. The company operates within India.
75GF Score
Get the complete analysis for NSE:CSLFINANCE
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CSLFINANCE has been successfully added to your 
