Great Eastern Shipping Co (NSE:GESHIP) ROC (Joel Greenblatt) %: 42.53% (As of Mar. 2026) — 227% Above Median

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NSE:GESHIP Great Eastern Shipping Co Ltd NSE:GESHIP
76 GF Score
Price ₹1,408.90
GF Value ₹1,145.71
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Great Eastern Shipping Co ROC (Joel Greenblatt) %?

Great Eastern Shipping Co NSE:GESHIP +1.57% 76 ROC (Joel Greenblatt) % is 42.53% as of Mar. 2026, which is 227% above its 10-year median of 13.00. GuruFocus rates NSE:GESHIP with a GF Score™ of 76/100 and a GF Value™ of ₹1,145.71 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 999 Transportation companies, Great Eastern Shipping Co ranks better than 85.49% 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. Great Eastern Shipping Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 42.53%.

The historical rank and industry rank for Great Eastern Shipping Co's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:GESHIP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.86   Med: 13   Max: 35.58
Current: 35.58

During the past 13 years, Great Eastern Shipping Co's highest ROC (Joel Greenblatt) % was 35.58%. The lowest was 4.86%. And the median was 13.00%.

NSE:GESHIP's ROC (Joel Greenblatt) % is ranked better than
85.49% of 999 companies
in the Transportation industry
Industry Median: 11.84 vs NSE:GESHIP: 35.58

Great Eastern Shipping Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 26.00% per year.


Great Eastern Shipping Co  (NSE:GESHIP) 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.


Great Eastern Shipping Co ROC (Joel Greenblatt) % Related Terms


Great Eastern Shipping Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Great Eastern Shipping Co'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.

Great Eastern Shipping Co ROC (Joel Greenblatt) % Chart

Great Eastern Shipping Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.02 32.38 34.27 31.56 34.22

Great Eastern Shipping Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 21.27 27.67 31.26 42.28 42.53

Great Eastern Shipping Co ROC (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Great Eastern Shipping Co'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.


Great Eastern Shipping Co ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Great Eastern Shipping Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Great Eastern Shipping Co's ROC (Joel Greenblatt) % falls into.


NSE:GESHIP
76GF Score
Great Eastern Shipping Co Ltd NSE:GESHIP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Eastern Shipping Co 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)
=(3134.6 + 2859.1 + 9156.7) - (4421.5 + 0 + 4776.7)
=5952.2

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Great Eastern Shipping Co 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 )
=42620.4/( ( (0 + max(0, 0)) + (94257.4 + max(5952.2, 0)) )/ 1 )
=42620.4/( ( 0 + 100209.6 )/ 1 )
=42620.4/100209.6
=42.53 %

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 42.53% mean?
Great Eastern Shipping Co (NSE:GESHIP) has a ROC (Joel Greenblatt) % of 42.53% 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 Great Eastern Shipping Co and its competitors. This is 227% above median its historical median of 13.00. Over the past decade, Great Eastern Shipping Co's ROC (Joel Greenblatt) % has ranged from 4.86 to 35.58. According to the industry distribution chart, Great Eastern Shipping Co ranks #145 out of 999 companies in the Transportation industry, placing it in the top 14.5%.
Is Great Eastern Shipping Co's ROC (Joel Greenblatt) % too high?
Great Eastern Shipping Co's current ROC (Joel Greenblatt) % of 42.53% is 227% above median its 10-year median of 13.00. Over the past 10 years, this metric has ranged from a low of 4.86 to a high of 35.58. The Transportation industry median ROC (Joel Greenblatt) % is 11.84. Great Eastern Shipping Co's value of 42.53% is 259.2% above this industry median. Based on the distribution chart, Great Eastern Shipping Co ranks #145 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Great Eastern Shipping Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great Eastern Shipping Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Great Eastern Shipping Co ranks #145 out of 999 companies for ROC (Joel Greenblatt) %. This places Great Eastern Shipping Co in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.84. Great Eastern Shipping Co's value of 42.53% is 259.2% above this benchmark. Historically, Great Eastern Shipping Co's own ROC (Joel Greenblatt) % has ranged from 4.86 to 35.58 over the past decade. While the company's 10-year median is 13.00 vs. the industry median of 11.84, Great Eastern Shipping Co 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.84, based on 999 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. Great Eastern Shipping Co's current ROC (Joel Greenblatt) % of 42.53% is 259.2% 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 Great Eastern Shipping Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Eastern Shipping Co's current ROC (Joel Greenblatt) % is 42.53%, which is 227% above median its own 10-year median of 13.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Eastern Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Great Eastern Shipping Co (NSE:GESHIP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,145.71, compared to a current price of ₹1,408.90 — trading 23% above its estimated fair value. The current ROC (Joel Greenblatt) % is 42.53%, which is 227% above median its 10-year median of 13.00 and 259.2% above the Transportation industry median of 11.84. Great Eastern Shipping Co's overall GF Score™ is 76/100 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 Great Eastern Shipping Co (NSE:GESHIP), the current ROC (Joel Greenblatt) % is 42.53% 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 Great Eastern Shipping Co (NSE:GESHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Great Eastern Shipping Co stock appears to be overvalued. The current stock price of ₹1,408.90 is trading 23% above its estimated GF Value™ of ₹1,145.71. GuruFocus considers Great Eastern Shipping Co to be Modestly Overvalued.

Key valuation signals for NSE:GESHIP:

  • ROC (Joel Greenblatt) %: 42.53% (227% above median its 10-year median of 13.00)
  • GF Value™: ₹1,145.71 vs. price of ₹1,408.90 (23% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 259.2% above the Transportation median (#145 of 999)

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


Great Eastern Shipping Co Business Description

Other Exchanges 500620:India
Address Dr. Annie Besant Road, 134/A, Ocean House, Worli, Mumbai, MH, IND, 400 018
Great Eastern Shipping Co Ltd is a shipping company. The company is involved in the bulk shipping business such as transportation of crude oil, petroleum products, gas, and dry bulk commodities.
76GF Score

Get the complete analysis for NSE:GESHIP

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

₹1,408.90
Price
₹1,145.71
GF Value