Ddev Plastiks lndustries (NSE:DDEVPLSTIK) ROC (Joel Greenblatt) %: 32.08% (As of Mar. 2026) — Near Median


NSE:DDEVPLSTIK Ddev Plastiks lndustries Ltd NSE:DDEVPLSTIK
44 GF Score
Price ₹278.85
GF Value ₹214.44
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ddev Plastiks lndustries ROC (Joel Greenblatt) %?

Ddev Plastiks lndustries NSE:DDEVPLSTIK -0.05% 44 ROC (Joel Greenblatt) % is 32.08% as of Mar. 2026, which is 4% below its 10-year median of 33.54. GuruFocus rates NSE:DDEVPLSTIK with a GF Score™ of 44/100 and a GF Value™ of ₹214.44 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,601 Chemicals companies, Ddev Plastiks lndustries ranks better than 89.51% 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. Ddev Plastiks lndustries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.08%.

The historical rank and industry rank for Ddev Plastiks lndustries's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:DDEVPLSTIK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.61   Med: 33.54   Max: 42.98
Current: 34.26

During the past 7 years, Ddev Plastiks lndustries's highest ROC (Joel Greenblatt) % was 42.98%. The lowest was 20.61%. And the median was 33.54%.

NSE:DDEVPLSTIK's ROC (Joel Greenblatt) % is ranked better than
89.51% of 1601 companies
in the Chemicals industry
Industry Median: 9.38 vs NSE:DDEVPLSTIK: 34.26

Ddev Plastiks lndustries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Ddev Plastiks lndustries  (NSE:DDEVPLSTIK) 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.


Ddev Plastiks lndustries ROC (Joel Greenblatt) % Related Terms


Ddev Plastiks lndustries ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ddev Plastiks lndustries'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.

Ddev Plastiks lndustries ROC (Joel Greenblatt) % Chart

Ddev Plastiks lndustries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 20.61 30.53 42.98 37.58 33.54

Ddev Plastiks lndustries Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.05 38.25 33.33 35.64 32.08

NSE:DDEVPLSTIK vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Ddev Plastiks lndustries'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.


Ddev Plastiks lndustries ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ddev Plastiks lndustries's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ddev Plastiks lndustries's ROC (Joel Greenblatt) % falls into.


NSE:DDEVPLSTIK
44GF Score
Ddev Plastiks lndustries Ltd NSE:DDEVPLSTIK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ddev Plastiks lndustries 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5538.274 + 3919.581 + 602.304) - (2930.306 + 0 + 500.055)
=6629.798

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ddev Plastiks lndustries for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3261.632/( ( (0 + max(0, 0)) + (3536.976 + max(6629.798, 0)) )/ 1 )
=3261.632/( ( 0 + 10166.774 )/ 1 )
=3261.632/10166.774
=32.08 %

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 32.08% mean?
Ddev Plastiks lndustries (NSE:DDEVPLSTIK) has a ROC (Joel Greenblatt) % of 32.08% 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 Ddev Plastiks lndustries and its competitors. This is near median its historical median of 33.54. Over the past decade, Ddev Plastiks lndustries' ROC (Joel Greenblatt) % has ranged from 20.61 to 42.98. According to the industry distribution chart, Ddev Plastiks lndustries ranks #168 out of 1601 companies in the Chemicals industry, placing it in the top 10.5%.
Is Ddev Plastiks lndustries' ROC (Joel Greenblatt) % too high?
Ddev Plastiks lndustries' current ROC (Joel Greenblatt) % of 32.08% is near median its 10-year median of 33.54. Over the past 10 years, this metric has ranged from a low of 20.61 to a high of 42.98. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. Ddev Plastiks lndustries' value of 32.08% is 242% above this industry median. Based on the distribution chart, Ddev Plastiks lndustries ranks #168 out of 1601 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ddev Plastiks lndustries has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ddev Plastiks lndustries' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ddev Plastiks lndustries ranks #168 out of 1601 companies for ROC (Joel Greenblatt) %. This places Ddev Plastiks lndustries in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.38. Ddev Plastiks lndustries' value of 32.08% is 242% above this benchmark. Historically, Ddev Plastiks lndustries' own ROC (Joel Greenblatt) % has ranged from 20.61 to 42.98 over the past decade. While the company's 10-year median is 33.54 vs. the industry median of 9.38, Ddev Plastiks lndustries 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.38, based on 1,601 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. Ddev Plastiks lndustries's current ROC (Joel Greenblatt) % of 32.08% is 242% 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 Ddev Plastiks lndustries and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ddev Plastiks lndustries's current ROC (Joel Greenblatt) % is 32.08%, which is near median its own 10-year median of 33.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ddev Plastiks lndustries stock overvalued right now?
Based on GuruFocus' analysis, Ddev Plastiks lndustries (NSE:DDEVPLSTIK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹214.44, compared to a current price of ₹278.85 — trading 30% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.08%, which is near median its 10-year median of 33.54 and 242% above the Chemicals industry median of 9.38. Ddev Plastiks lndustries' overall GF Score™ is 44/100 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK), the current ROC (Joel Greenblatt) % is 32.08% 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK) Overvalued in 2026?

Based on GuruFocus' analysis, Ddev Plastiks lndustries stock appears to be overvalued. The current stock price of ₹278.85 is trading 30% above its estimated GF Value™ of ₹214.44. GuruFocus considers Ddev Plastiks lndustries to be Modestly Overvalued.

Key valuation signals for NSE:DDEVPLSTIK:

  • ROC (Joel Greenblatt) %: 32.08% (near median its 10-year median of 33.54)
  • GF Value™: ₹214.44 vs. price of ₹278.85 (30% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 242% above the Chemicals median (#168 of 1601)

No single metric tells the full story. See the NSE:DDEVPLSTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ddev Plastiks lndustries Business Description

Other Exchanges 543547:India
Address 2B, Pretoria Street, Kolkata, WB, IND, 700071
Ddev Plastiks lndustries Ltd is a quality supplier of PVC compounds. Its only segment is the manufacturing and sale of Poly Vinyl Chloride Polyethylene, Antifab, and EP Compound. Geographically, it derives a majority of its revenue from India.
44GF Score

Get the complete analysis for NSE:DDEVPLSTIK

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

₹278.85
Price
₹214.44
GF Value