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Dabur IndiaNSE:DABUR -0.09%87 ROC (Joel Greenblatt) % is 69.01% as of Mar. 2026, which is 21% below its 10-year median of 87.91. GuruFocus rates NSE:DABUR with a GF Score™ of 87/100 and a GF Value™ of ₹575.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Dabur India ranks better than 94.49% 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. Dabur India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 69.01%.
The historical rank and industry rank for Dabur India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:DABUR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 75.33 Med: 87.91 Max: 103.63
Current: 83.48
During the past 13 years, Dabur India's highest ROC (Joel Greenblatt) % was 103.63%. The lowest was 75.33%. And the median was 87.91%.
NSE:DABUR's ROC (Joel Greenblatt) % is ranked better than 94.49% of 1980
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs NSE:DABUR: 83.48
Dabur India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.50% per year.
Dabur India (NSE:DABUR) 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.
Dabur India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Dabur 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.
NSE:DABUR vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison
For the Household & Personal Products subindustry, Dabur 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.
Dabur India ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Dabur India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dabur India'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 69.01% mean?
Dabur India (NSE:DABUR) has a ROC (Joel Greenblatt) % of 69.01% 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 Dabur India and its competitors. This is 21% below median its historical median of 87.91. Over the past decade, Dabur India's ROC (Joel Greenblatt) % has ranged from 75.33 to 103.63. According to the industry distribution chart, Dabur India ranks #109 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 5.5%.
Is Dabur India's ROC (Joel Greenblatt) % too high?
Dabur India's current ROC (Joel Greenblatt) % of 69.01% is 21% below median its 10-year median of 87.91. Over the past 10 years, this metric has ranged from a low of 75.33 to a high of 103.63. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Dabur India's value of 69.01% is 475.6% above this industry median. Based on the distribution chart, Dabur India ranks #109 out of 1980 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Dabur India has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dabur India's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Dabur India ranks #109 out of 1980 companies for ROC (Joel Greenblatt) %. This places Dabur India in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Dabur India's value of 69.01% is 475.6% above this benchmark. Historically, Dabur India's own ROC (Joel Greenblatt) % has ranged from 75.33 to 103.63 over the past decade. While the company's 10-year median is 87.91 vs. the industry median of 11.99, Dabur 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,980 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. Dabur India's current ROC (Joel Greenblatt) % of 69.01% is 475.6% 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 Dabur India and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dabur India's current ROC (Joel Greenblatt) % is 69.01%, which is 21% below median its own 10-year median of 87.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dabur India stock overvalued right now?
Based on GuruFocus' analysis, Dabur India (NSE:DABUR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹575.88, compared to a current price of ₹426.10 — trading 26% below its estimated fair value. The current ROC (Joel Greenblatt) % is 69.01%, which is 21% below median its 10-year median of 87.91 and 475.6% above the Consumer Packaged Goods industry median of 11.99. Dabur India's overall GF Score™ is 87/100 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 Dabur India (NSE:DABUR), the current ROC (Joel Greenblatt) % is 69.01% 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 Dabur India (NSE:DABUR) Overvalued in 2026?
Based on GuruFocus' analysis, Dabur India stock appears to be undervalued.
The current stock price of ₹426.10 is trading 26% below its estimated GF Value™ of ₹575.88.
GuruFocus considers Dabur India to be Modestly Undervalued.
Key valuation signals for NSE:DABUR:
ROC (Joel Greenblatt) %: 69.01% (21% below median its 10-year median of 87.91)
GF Value™: ₹575.88 vs. price of ₹426.10 (26% below fair value)
Industry Position: 475.6% above the Consumer Packaged Goods median (#109 of 1980)
No single metric tells the full story. See the NSE:DABUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dabur India Ltd is an Indian FMCG company. Dabur operates in various consumer product categories: hair care, oral care, healthcare, skin care, home and personal care foods. Its portfolio includes the following separate brand identities, promoting a product category: Dabur, for natural healthcare products; Real, for fruit juices and drinks; Vatika, for premium personal care; Hajmola, for digestives; and Fem for skin-care products. The operating segments of the company are; Consumer care, Food, Retail, and others. Maximum revenue is generated from its Consumer care business which represents the sales of home care, personal care, and health care products.
87GF Score
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