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EPW IndiaNSE:EPWINDIA 18 ROC (Joel Greenblatt) % is 54.28% as of Mar. 2026, which is 39% below its 10-year median of 89.32. GuruFocus rates NSE:EPWINDIA with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, EPW India ranks better than 88.72% 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. EPW India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 54.28%.
The historical rank and industry rank for EPW India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:EPWINDIA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 51.64 Med: 89.32 Max: 437.76
Current: 54.67
During the past 4 years, EPW India's highest ROC (Joel Greenblatt) % was 437.76%. The lowest was 51.64%. And the median was 89.32%.
NSE:EPWINDIA's ROC (Joel Greenblatt) % is ranked better than 88.72% of 2491
companies
in the Hardware industry
Industry Median: 10.44
vs NSE:EPWINDIA: 54.67
EPW India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
EPW India (NSE:EPWINDIA) 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.
The historical data trend for EPW India'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.
EPW India ROC (Joel Greenblatt) % Chart
EPW India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROC (Joel Greenblatt) %
106.95
437.76
71.68
51.64
EPW India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
ROC (Joel Greenblatt) %
0.00
0.00
89.81
60.10
54.28
NSE:EPWINDIA vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, EPW India'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.
EPW India ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, EPW India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where EPW India'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 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 54.28% mean?
EPW India (NSE:EPWINDIA) has a ROC (Joel Greenblatt) % of 54.28% 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 EPW India and its competitors. This is 39% below median its historical median of 89.32. Over the past decade, EPW India's ROC (Joel Greenblatt) % has ranged from 51.64 to 437.76. According to the industry distribution chart, EPW India ranks #281 out of 2491 companies in the Hardware industry, placing it in the top 11.3%.
Is EPW India's ROC (Joel Greenblatt) % too high?
EPW India's current ROC (Joel Greenblatt) % of 54.28% is 39% below median its 10-year median of 89.32. Over the past 10 years, this metric has ranged from a low of 51.64 to a high of 437.76. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. EPW India's value of 54.28% is 419.9% above this industry median. Based on the distribution chart, EPW India ranks #281 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, EPW India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does EPW India's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, EPW India ranks #281 out of 2491 companies for ROC (Joel Greenblatt) %. This places EPW India in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. EPW India's value of 54.28% is 419.9% above this benchmark. Historically, EPW India's own ROC (Joel Greenblatt) % has ranged from 51.64 to 437.76 over the past decade. While the company's 10-year median is 89.32 vs. the industry median of 10.44, EPW India 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,491 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. EPW India's current ROC (Joel Greenblatt) % of 54.28% is 419.9% 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 EPW India and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EPW India's current ROC (Joel Greenblatt) % is 54.28%, which is 39% below median its own 10-year median of 89.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPW India stock overvalued right now?
EPW India (NSE:EPWINDIA) has a current ROC (Joel Greenblatt) % of 54.28%. The current ROC (Joel Greenblatt) % is 54.28%, which is 39% below median its 10-year median of 89.32 and 419.9% above the Hardware industry median of 10.44. EPW India's overall GF Score™ is 18/100 with 4 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 EPW India (NSE:EPWINDIA), the current ROC (Joel Greenblatt) % is 54.28% 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.
EPW India Ltd is an IT electronics refurbishing business that supplies refurbished electronic products through both direct-to-consumer and business-to-business channels. Its operations cover the end-to-end reverse supply chain for IT assets, including the procurement of used devices, refurbishment to resale condition, and distribution to end users. The product portfolio includes laptops, desktops, Chromebooks, monitors, and related accessories, which are sold through company-operated retail outlets and an online platform. The company generates revenue from sales of refurbished laptops, desktops, monitors, accessories and new IT products (laptops, desktops, etc.).
18GF Score
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