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Ecoline EximNSE:ECOLINE +1.55%18 ROC (Joel Greenblatt) % is 31.30% as of Mar. 2025, which is 9% below its 10-year median of 34.45. GuruFocus rates NSE:ECOLINE with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,061 Manufacturing - Apparel & Accessories companies, Ecoline Exim ranks better than 86.62% 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. Ecoline Exim's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 31.30%.
The historical rank and industry rank for Ecoline Exim's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ECOLINE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.3 Med: 34.45 Max: 39.74
Current: 31.3
During the past 3 years, Ecoline Exim's highest ROC (Joel Greenblatt) % was 39.74%. The lowest was 31.30%. And the median was 34.45%.
NSE:ECOLINE's ROC (Joel Greenblatt) % is ranked better than 86.62% of 1061
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.45
vs NSE:ECOLINE: 31.30
Ecoline Exim'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.
Ecoline Exim ROC (Joel Greenblatt) % Related Terms
Ecoline Exim ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ecoline Exim'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.
Ecoline Exim ROC (Joel Greenblatt) % Chart
Ecoline Exim Annual Data
Trend
Mar23
Mar24
Mar25
ROC (Joel Greenblatt) %
34.45
39.74
31.30
Ecoline Exim Semi-Annual Data
Mar23
Mar24
Mar25
ROC (Joel Greenblatt) %
34.45
39.74
31.30
NSE:ECOLINE vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, Ecoline Exim'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.
Ecoline Exim ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ecoline Exim's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ecoline Exim'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 31.30% mean?
Ecoline Exim (NSE:ECOLINE) has a ROC (Joel Greenblatt) % of 31.30% 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 Ecoline Exim and its competitors. This is near median its historical median of 34.45. Over the past decade, Ecoline Exim's ROC (Joel Greenblatt) % has ranged from 31.30 to 39.74. According to the industry distribution chart, Ecoline Exim ranks #142 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.4%.
Is Ecoline Exim's ROC (Joel Greenblatt) % too high?
Ecoline Exim's current ROC (Joel Greenblatt) % of 31.30% is near median its 10-year median of 34.45. Over the past 10 years, this metric has ranged from a low of 31.30 to a high of 39.74. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.45. Ecoline Exim's value of 31.30% is 270.4% above this industry median. Based on the distribution chart, Ecoline Exim ranks #142 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ecoline Exim has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ecoline Exim's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ecoline Exim ranks #142 out of 1061 companies for ROC (Joel Greenblatt) %. This places Ecoline Exim in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.45. Ecoline Exim's value of 31.30% is 270.4% above this benchmark. Historically, Ecoline Exim's own ROC (Joel Greenblatt) % has ranged from 31.30 to 39.74 over the past decade. While the company's 10-year median is 34.45 vs. the industry median of 8.45, Ecoline Exim 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.45, based on 1,061 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. Ecoline Exim's current ROC (Joel Greenblatt) % of 31.30% is 270.4% 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 Ecoline Exim and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoline Exim's current ROC (Joel Greenblatt) % is 31.30%, which is near median its own 10-year median of 34.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoline Exim stock overvalued right now?
Ecoline Exim (NSE:ECOLINE) has a current ROC (Joel Greenblatt) % of 31.30%. The current ROC (Joel Greenblatt) % is 31.30%, which is near median its 10-year median of 34.45 and 270.4% above the Manufacturing - Apparel & Accessories industry median of 8.45. Ecoline Exim's overall GF Score™ is 18/100 with 6 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 Ecoline Exim (NSE:ECOLINE), the current ROC (Joel Greenblatt) % is 31.30% 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.
Ecoline Exim Ltd is engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made out of cotton and jute. The company is engaged in the export of these bags globally. It exports its products to more than 27 countries. Its export market is the European Union, the USA, Japan, Southeast Asia, and Mexico etc. The company offers a variety of eco-conscious cotton and jute bags. Its offerings include: Recycled Cotton Bags, Organic Cotton Bags, Fairtrade Cotton Bags, Conventional Cotton Bags, and Jute Bags.
18GF Score
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