Gretexorate Services (NSE:GCSL) ROC (Joel Greenblatt) %: 21.67% (As of Mar. 2026) — 28% Below Median

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NSE:GCSL Gretex Corporate Services Ltd NSE:GCSL
51 GF Score
Price ₹510.65
GF Value ₹244.91
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Gretexorate Services ROC (Joel Greenblatt) %?

Gretexorate Services NSE:GCSL -0.15% 51 ROC (Joel Greenblatt) % is 21.67% as of Mar. 2026, which is 28% below its 10-year median of 30.03. GuruFocus rates NSE:GCSL with a GF Score™ of 51/100 and a GF Value™ of ₹244.91 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 678 Capital Markets companies, Gretexorate Services ranks worse than 51.33% 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. Gretexorate Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.67%.

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

NSE:GCSL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.06   Med: 30.03   Max: 574.88
Current: 32.21

During the past 8 years, Gretexorate Services's highest ROC (Joel Greenblatt) % was 574.88%. The lowest was -23.06%. And the median was 30.03%.

NSE:GCSL's ROC (Joel Greenblatt) % is ranked worse than
51.33% of 678 companies
in the Capital Markets industry
Industry Median: 35.065 vs NSE:GCSL: 32.21

Gretexorate Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.80% per year.


Gretexorate Services  (NSE:GCSL) 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.


Gretexorate Services ROC (Joel Greenblatt) % Related Terms


Gretexorate Services ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Gretexorate Services'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.

Gretexorate Services ROC (Joel Greenblatt) % Chart

Gretexorate Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 45.30 574.88 117.66 6.11 30.95

Gretexorate Services Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 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 -89.34 6.61 64.66 40.38 21.67

NSE:GCSL vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison

For the Capital Markets subindustry, Gretexorate Services'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.


Gretexorate Services ROC (Joel Greenblatt) % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gretexorate Services's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gretexorate Services's ROC (Joel Greenblatt) % falls into.


NSE:GCSL
51GF Score
Gretex Corporate Services Ltd NSE:GCSL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gretexorate Services 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)
=(100.486 + 1340.065 + 42.572) - (36.632 + 0 + 61.169)
=1385.322

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gretexorate Services 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 )
=350.992/( ( (0 + max(0, 0)) + (234.652 + max(1385.322, 0)) )/ 1 )
=350.992/( ( 0 + 1619.974 )/ 1 )
=350.992/1619.974
=21.67 %

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 21.67% mean?
Gretexorate Services (NSE:GCSL) has a ROC (Joel Greenblatt) % of 21.67% 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 Gretexorate Services and its competitors. This is 28% below median its historical median of 30.03. According to the industry distribution chart, Gretexorate Services ranks #348 out of 678 companies in the Capital Markets industry, placing it in the top 51.3%.
Is Gretexorate Services' ROC (Joel Greenblatt) % too high?
Gretexorate Services' current ROC (Joel Greenblatt) % of 21.67% is 28% below median its 10-year median of 30.03. The Capital Markets industry median ROC (Joel Greenblatt) % is 35.07. Gretexorate Services' value of 21.67% is 38.2% below this industry median. Based on the distribution chart, Gretexorate Services ranks #348 out of 678 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Gretexorate Services has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gretexorate Services' ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Gretexorate Services ranks #348 out of 678 companies for ROC (Joel Greenblatt) %. This places Gretexorate Services in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 35.07. Gretexorate Services' value of 21.67% is 38.2% below this benchmark. While the company's 10-year median is 30.03 vs. the industry median of 35.07, Gretexorate Services has consistently been below 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 35.07, based on 678 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. Gretexorate Services's current ROC (Joel Greenblatt) % of 21.67% is 38.2% below 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 Gretexorate Services and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 35.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gretexorate Services's current ROC (Joel Greenblatt) % is 21.67%, which is 28% below median its own 10-year median of 30.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gretexorate Services stock overvalued right now?
Based on GuruFocus' analysis, Gretexorate Services (NSE:GCSL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹244.91, compared to a current price of ₹510.65 — trading 108.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.67%, which is 28% below median its 10-year median of 30.03 and 38.2% below the Capital Markets industry median of 35.07. Gretexorate Services' overall GF Score™ is 51/100 with 9 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 Gretexorate Services (NSE:GCSL), the current ROC (Joel Greenblatt) % is 21.67% 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 Gretexorate Services (NSE:GCSL) Overvalued in 2026?

Based on GuruFocus' analysis, Gretexorate Services stock appears to be overvalued. The current stock price of ₹510.65 is trading 108.5% above its estimated GF Value™ of ₹244.91. GuruFocus considers Gretexorate Services to be Significantly Overvalued.

Key valuation signals for NSE:GCSL:

  • ROC (Joel Greenblatt) %: 21.67% (28% below median its 10-year median of 30.03)
  • GF Value™: ₹244.91 vs. price of ₹510.65 (108.5% above fair value)
  • GF Score™: 51/100 with 9 warning signs
  • Industry Position: 38.2% below the Capital Markets median (#348 of 678)

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


Gretexorate Services Business Description

Other Exchanges 543324:India
Address 9-15, Homi Modi Street, Office No. 13, 1st Floor, New Bansilal Building, Near Bombay Stock Exchange, Fort, Mumbai, MH, IND, 400 001
Gretex Corporate Services Ltd is engaged in the business of Merchant Banking and acts as an agent of and or dealers in the securities in the course of Merchant Banking Business.
51GF Score

Get the complete analysis for NSE:GCSL

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

₹510.65
Price
₹244.91
GF Value