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CSM TechnologiesNSE:CSM +2.71%16 ROC (Joel Greenblatt) % is 28.07% as of Mar. 2025, which is 12% below its 10-year median of 31.92. GuruFocus rates NSE:CSM with a GF Score™ of 16/100. Among 2,817 Software companies, CSM Technologies ranks better than 53.46% 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. CSM Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 28.07%.
The historical rank and industry rank for CSM Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:CSM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.07 Med: 31.92 Max: 53.66
Current: 28.07
During the past 3 years, CSM Technologies's highest ROC (Joel Greenblatt) % was 53.66%. The lowest was 28.07%. And the median was 31.92%.
NSE:CSM's ROC (Joel Greenblatt) % is ranked better than 53.46% of 2817
companies
in the Software industry
Industry Median: 20.25
vs NSE:CSM: 28.07
CSM Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
CSM Technologies ROC (Joel Greenblatt) % Related Terms
CSM Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CSM Technologies'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.
CSM Technologies ROC (Joel Greenblatt) % Chart
CSM Technologies Annual Data
Trend
Mar23
Mar24
Mar25
ROC (Joel Greenblatt) %
53.66
31.92
28.07
CSM Technologies Semi-Annual Data
Mar23
Mar24
Mar25
ROC (Joel Greenblatt) %
53.66
31.92
28.07
NSE:CSM vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, CSM Technologies'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.
CSM Technologies ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, CSM Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CSM Technologies'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 one times the 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 28.07% mean?
CSM Technologies (NSE:CSM) has a ROC (Joel Greenblatt) % of 28.07% 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 CSM Technologies and its competitors. This is 12% below median its historical median of 31.92. Over the past decade, CSM Technologies' ROC (Joel Greenblatt) % has ranged from 28.07 to 53.66. According to the industry distribution chart, CSM Technologies ranks #1311 out of 2817 companies in the Software industry, placing it in the top 46.5%.
Is CSM Technologies' ROC (Joel Greenblatt) % too high?
CSM Technologies' current ROC (Joel Greenblatt) % of 28.07% is 12% below median its 10-year median of 31.92. Over the past 10 years, this metric has ranged from a low of 28.07 to a high of 53.66. The Software industry median ROC (Joel Greenblatt) % is 20.25. CSM Technologies' value of 28.07% is 38.6% above this industry median. Based on the distribution chart, CSM Technologies ranks #1311 out of 2817 companies in the Software industry, which is above the industry midpoint. Overall, CSM Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does CSM Technologies' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, CSM Technologies ranks #1311 out of 2817 companies for ROC (Joel Greenblatt) %. This puts CSM Technologies in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.25. CSM Technologies' value of 28.07% is 38.6% above this benchmark. Historically, CSM Technologies' own ROC (Joel Greenblatt) % has ranged from 28.07 to 53.66 over the past decade. While the company's 10-year median is 31.92 vs. the industry median of 20.25, CSM Technologies 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.25, based on 2,817 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. CSM Technologies's current ROC (Joel Greenblatt) % of 28.07% is 38.6% 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 CSM Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSM Technologies's current ROC (Joel Greenblatt) % is 28.07%, which is 12% below median its own 10-year median of 31.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSM Technologies stock overvalued right now?
CSM Technologies (NSE:CSM) has a current ROC (Joel Greenblatt) % of 28.07%. The current ROC (Joel Greenblatt) % is 28.07%, which is 12% below median its 10-year median of 31.92 and 38.6% above the Software industry median of 20.25. CSM Technologies' overall GF Score™ is 16/100. 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 CSM Technologies (NSE:CSM), the current ROC (Joel Greenblatt) % is 28.07% 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.
CSM Technologies Ltd provides a wide range of Information Technology services relating to software development, software licensing and designing with a minimal up-gradation which looks into the business need, end-to-end business solutions, creation of web enabled applications, web portals, corporate-wise process integration, business critical application, data warehousing, system integration, turnkey projects, e-Governance, community development, system integration technology and process solutions and other related services. The company serves various sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism.
16GF Score
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