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Eco RecyclingNSE:ECORECO -1.41%66 ROC (Joel Greenblatt) % is 52.29% as of Jun. 2026, which is 140% above its 10-year median of 21.83. GuruFocus rates NSE:ECORECO with a GF Score™ of 66/100 and a GF Value™ of ₹819.28 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 247 Waste Management companies, Eco Recycling ranks better than 88.26% 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. Eco Recycling's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 52.29%.
The historical rank and industry rank for Eco Recycling's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ECORECO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.8 Med: 21.83 Max: 55.33
Current: 41.47
During the past 13 years, Eco Recycling's highest ROC (Joel Greenblatt) % was 55.33%. The lowest was -19.80%. And the median was 21.83%.
NSE:ECORECO's ROC (Joel Greenblatt) % is ranked better than 88.26% of 247
companies
in the Waste Management industry
Industry Median: 11.43
vs NSE:ECORECO: 41.47
Eco Recycling's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.30% 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.
Eco Recycling ROC (Joel Greenblatt) % Related Terms
Eco Recycling ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Eco Recycling'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:ECORECO vs : ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Eco Recycling'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.
Eco Recycling ROC (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Eco Recycling's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eco Recycling'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 (Jun. 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 52.29% mean?
Eco Recycling (NSE:ECORECO) has a ROC (Joel Greenblatt) % of 52.29% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Eco Recycling and its competitors. This is 140% above median its historical median of 21.83. According to the industry distribution chart, Eco Recycling ranks #29 out of 247 companies in the Waste Management industry, placing it in the top 11.7%.
Is Eco Recycling's ROC (Joel Greenblatt) % too high?
Eco Recycling's current ROC (Joel Greenblatt) % of 52.29% is 140% above median its 10-year median of 21.83. The Waste Management industry median ROC (Joel Greenblatt) % is 11.43. Eco Recycling's value of 52.29% is 357.5% above this industry median. Based on the distribution chart, Eco Recycling ranks #29 out of 247 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Eco Recycling has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eco Recycling's ROC (Joel Greenblatt) % compare to ?
According to the Waste Management industry distribution chart, Eco Recycling ranks #29 out of 247 companies for ROC (Joel Greenblatt) %. This places Eco Recycling in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.43. Eco Recycling's value of 52.29% is 357.5% above this benchmark. While the company's 10-year median is 21.83 vs. the industry median of 11.43, Eco Recycling 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.43, based on 247 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. Eco Recycling's current ROC (Joel Greenblatt) % of 52.29% is 357.5% 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 Eco Recycling and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Recycling's current ROC (Joel Greenblatt) % is 52.29%, which is 140% above median its own 10-year median of 21.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Recycling stock overvalued right now?
Based on GuruFocus' analysis, Eco Recycling (NSE:ECORECO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹819.28, compared to a current price of ₹459.00 — trading 44% below its estimated fair value. The current ROC (Joel Greenblatt) % is 52.29%, which is 140% above median its 10-year median of 21.83 and 357.5% above the Waste Management industry median of 11.43. Eco Recycling's overall GF Score™ is 66/100 with 2 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 Eco Recycling (NSE:ECORECO), the current ROC (Joel Greenblatt) % is 52.29% as of Jun. 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 Eco Recycling (NSE:ECORECO) Overvalued in 2026?
Based on GuruFocus' analysis, Eco Recycling stock appears to be undervalued.
The current stock price of ₹459.00 is trading 44% below its estimated GF Value™ of ₹819.28.
GuruFocus considers Eco Recycling to be Possible Value Trap.
Key valuation signals for NSE:ECORECO:
ROC (Joel Greenblatt) %: 52.29% (140% above median its 10-year median of 21.83)
GF Value™: ₹819.28 vs. price of ₹459.00 (44% below fair value)
Industry Position: 357.5% above the Waste Management median (#29 of 247)
No single metric tells the full story. See the NSE:ECORECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressAndheri Kurla Road, Unit No. 422, 4th Floor, The Summit Business Bay, Opposite Cine Max Theater, Near WEH Metro Station, Andheri (East), Mumbai, IND, 400093
Eco Recycling Ltd is an Indian-based e-waste management company engaged in the business of recycling of electrical & electronic waste and affiliated services. It operates through a single segment: Operations of e-waste recycling. The company provides an end-to-end integrated solution for e-waste management to Multi-National Companies (MNC), Retailers, Original Equipment Manufacturers (OEM), Government Departments, NGOs, Households, Educational Institutions, and all other entities. The company earns revenue by the sale of scrap as well as by providing services.
66GF Score
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