DCG Cables & Wires (NSE:DCG) ROC (Joel Greenblatt) %: 18.76% (As of Mar. 2025) — Near Median

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NSE:DCG DCG Cables & Wires Ltd NSE:DCG
17 GF Score
Price ₹53.00
! 3 Warning Signs
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What is DCG Cables & Wires ROC (Joel Greenblatt) %?

DCG Cables & Wires NSE:DCG 17 ROC (Joel Greenblatt) % is 18.76% as of Mar. 2025, which is at its 10-year median of 18.76. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 3,063 Industrial Products companies, DCG Cables & Wires ranks better than 63.3% 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. DCG Cables & Wires's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 18.76%.

The historical rank and industry rank for DCG Cables & Wires's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:DCG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.68   Med: 18.76   Max: 73.18
Current: 18.76

During the past 5 years, DCG Cables & Wires's highest ROC (Joel Greenblatt) % was 73.18%. The lowest was 14.68%. And the median was 18.76%.

NSE:DCG's ROC (Joel Greenblatt) % is ranked better than
63.3% of 3063 companies
in the Industrial Products industry
Industry Median: 11.71 vs NSE:DCG: 18.76

DCG Cables & Wires's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


DCG Cables & Wires  (NSE:DCG) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


DCG Cables & Wires ROC (Joel Greenblatt) % Related Terms


DCG Cables & Wires ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DCG Cables & Wires'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.

DCG Cables & Wires ROC (Joel Greenblatt) % Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
73.18 14.80 14.68 37.78 18.76

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) % 73.18 14.80 14.68 37.78 18.76

NSE:DCG vs VRT, BE: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, DCG Cables & Wires'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.


DCG Cables & Wires ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCG Cables & Wires's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where DCG Cables & Wires's ROC (Joel Greenblatt) % falls into.


NSE:DCG
17GF Score
DCG Cables & Wires Ltd NSE:DCG
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(490.982 + 179.022 + 15.342) - (316.461 + 0 + 34.209)
=334.676

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(135.188 + 364.849 + 206.723) - (29.33 + 0 + 30.246)
=647.184

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DCG Cables & Wires for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=142.106/( ( (114.75 + max(334.676, 0)) + (418.142 + max(647.184, 0)) )/ 2 )
=142.106/( ( 449.426 + 1065.326 )/ 2 )
=142.106/757.376
=18.76 %

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 18.76% mean?
DCG Cables & Wires (NSE:DCG) has a ROC (Joel Greenblatt) % of 18.76% 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 DCG Cables & Wires and its competitors. This is near median its historical median of 18.76. Over the past decade, DCG Cables & Wires' ROC (Joel Greenblatt) % has ranged from 14.68 to 73.18. According to the industry distribution chart, DCG Cables & Wires ranks #1124 out of 3063 companies in the Industrial Products industry, placing it in the top 36.7%.
Is DCG Cables & Wires' ROC (Joel Greenblatt) % too high?
DCG Cables & Wires' current ROC (Joel Greenblatt) % of 18.76% is near median its 10-year median of 18.76. Over the past 10 years, this metric has ranged from a low of 14.68 to a high of 73.18. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. DCG Cables & Wires' value of 18.76% is 60.2% above this industry median. Based on the distribution chart, DCG Cables & Wires ranks #1124 out of 3063 companies in the Industrial Products industry, which is above the industry midpoint. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #1124 out of 3063 companies for ROC (Joel Greenblatt) %. This puts DCG Cables & Wires in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. DCG Cables & Wires' value of 18.76% is 60.2% above this benchmark. Historically, DCG Cables & Wires' own ROC (Joel Greenblatt) % has ranged from 14.68 to 73.18 over the past decade. While the company's 10-year median is 18.76 vs. the industry median of 11.71, DCG Cables & Wires 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,063 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. DCG Cables & Wires's current ROC (Joel Greenblatt) % of 18.76% is 60.2% 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 DCG Cables & Wires and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current ROC (Joel Greenblatt) % is 18.76%, which is near median its own 10-year median of 18.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current ROC (Joel Greenblatt) % of 18.76%. The current ROC (Joel Greenblatt) % is 18.76%, which is near median its 10-year median of 18.76 and 60.2% above the Industrial Products industry median of 11.71. DCG Cables & Wires' overall GF Score™ is 17/100 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 DCG Cables & Wires (NSE:DCG), the current ROC (Joel Greenblatt) % is 18.76% 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.

DCG Cables & Wires Business Description

Address Survey no 741, Near Atul Green Bricks, Bhayala, Bavla, Ahmedabad, GJ, IND, 382415
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
17GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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