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Emkay Taps and Cutting ToolsNSE:EMKAYTOOLS -4.95%61 ROC (Joel Greenblatt) % is 181.31% as of Mar. 2026, which is 116% above its 10-year median of 83.90. GuruFocus rates NSE:EMKAYTOOLS with a GF Score™ of 61/100 and a GF Value™ of ₹153.45 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,076 Industrial Products companies, Emkay Taps and Cutting Tools ranks better than 95.84% 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. Emkay Taps and Cutting Tools's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 181.31%.
The historical rank and industry rank for Emkay Taps and Cutting Tools's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:EMKAYTOOLS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.4 Med: 83.9 Max: 199.8
Current: 90.65
During the past 12 years, Emkay Taps and Cutting Tools's highest ROC (Joel Greenblatt) % was 199.80%. The lowest was 31.40%. And the median was 83.90%.
NSE:EMKAYTOOLS's ROC (Joel Greenblatt) % is ranked better than 95.84% of 3076
companies
in the Industrial Products industry
Industry Median: 12.005
vs NSE:EMKAYTOOLS: 90.65
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.
* 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.
Emkay Taps and Cutting Tools ROC (Joel Greenblatt) % Chart
NSE:EMKAYTOOLS vs SNA, RBC, LECO: ROC (Joel Greenblatt) % Comparison
For the Tools & Accessories subindustry, Emkay Taps and Cutting Tools'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.
Emkay Taps and Cutting Tools ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Emkay Taps and Cutting Tools's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Emkay Taps and Cutting Tools's ROC (Joel Greenblatt) % falls into.
Emkay Taps and Cutting Tools 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:
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 two times the semi-annual (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 181.31% mean?
Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) has a ROC (Joel Greenblatt) % of 181.31% 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 Emkay Taps and Cutting Tools and its competitors. This is 116% above median its historical median of 83.90. Over the past decade, Emkay Taps and Cutting Tools' ROC (Joel Greenblatt) % has ranged from 31.40 to 199.80. According to the industry distribution chart, Emkay Taps and Cutting Tools ranks #128 out of 3076 companies in the Industrial Products industry, placing it in the top 4.2%.
Is Emkay Taps and Cutting Tools' ROC (Joel Greenblatt) % too high?
Emkay Taps and Cutting Tools' current ROC (Joel Greenblatt) % of 181.31% is 116% above median its 10-year median of 83.90. Over the past 10 years, this metric has ranged from a low of 31.40 to a high of 199.80. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.01. Emkay Taps and Cutting Tools' value of 181.31% is 1410.3% above this industry median. Based on the distribution chart, Emkay Taps and Cutting Tools ranks #128 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Emkay Taps and Cutting Tools has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emkay Taps and Cutting Tools' ROC (Joel Greenblatt) % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Emkay Taps and Cutting Tools ranks #128 out of 3076 companies for ROC (Joel Greenblatt) %. This places Emkay Taps and Cutting Tools in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.01. Emkay Taps and Cutting Tools' value of 181.31% is 1410.3% above this benchmark. Historically, Emkay Taps and Cutting Tools' own ROC (Joel Greenblatt) % has ranged from 31.40 to 199.80 over the past decade. While the company's 10-year median is 83.90 vs. the industry median of 12.01, Emkay Taps and Cutting Tools 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 12.01, based on 3,076 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. Emkay Taps and Cutting Tools's current ROC (Joel Greenblatt) % of 181.31% is 1410.3% 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 Emkay Taps and Cutting Tools and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emkay Taps and Cutting Tools's current ROC (Joel Greenblatt) % is 181.31%, which is 116% above median its own 10-year median of 83.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emkay Taps and Cutting Tools stock overvalued right now?
Based on GuruFocus' analysis, Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹153.45, compared to a current price of ₹90.30 — trading 41.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 181.31%, which is 116% above median its 10-year median of 83.90 and 1410.3% above the Industrial Products industry median of 12.01. Emkay Taps and Cutting Tools' overall GF Score™ is 61/100 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 Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS), the current ROC (Joel Greenblatt) % is 181.31% 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 Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Overvalued in 2026?
Based on GuruFocus' analysis, Emkay Taps and Cutting Tools stock appears to be undervalued.
The current stock price of ₹90.30 is trading 41.2% below its estimated GF Value™ of ₹153.45.
GuruFocus considers Emkay Taps and Cutting Tools to be Possible Value Trap.
Key valuation signals for NSE:EMKAYTOOLS:
ROC (Joel Greenblatt) %: 181.31% (116% above median its 10-year median of 83.90)
GF Value™: ₹153.45 vs. price of ₹90.30 (41.2% below fair value)
Industry Position: 1410.3% above the Industrial Products median (#128 of 3076)
No single metric tells the full story. See the NSE:EMKAYTOOLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emkay Taps and Cutting Tools Ltd is engaged in manufacturing and selling taps and cutting tools. The company operates two main segments: the manufacturing of taps and cutting tools, and the production of power through windmills. The majority of its revenue is generated from the tools segment. It runs two wind farm projects located in Shivapura Kavalu Village, Belur Taluka, Hassan District, Karnataka, and Kita & Ugawa, Jaisalmer District, Rajasthan.
61GF Score
Get the complete analysis for NSE:EMKAYTOOLS
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