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G.M. BreweriesNSE:GMBREW +0.06%84 ROC (Joel Greenblatt) % is 98.22% as of Jun. 2026, which is 8% below its 10-year median of 106.29. GuruFocus rates NSE:GMBREW with a GF Score™ of 84/100 and a GF Value™ of ₹896.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 211 Beverages - Alcoholic companies, G.M. Breweries ranks better than 98.58% 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. G.M. Breweries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 98.22%.
The historical rank and industry rank for G.M. Breweries's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:GMBREW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 46.69 Med: 106.29 Max: 214.29
Current: 196.72
During the past 13 years, G.M. Breweries's highest ROC (Joel Greenblatt) % was 214.29%. The lowest was 46.69%. And the median was 106.29%.
NSE:GMBREW's ROC (Joel Greenblatt) % is ranked better than 98.58% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 12.3
vs NSE:GMBREW: 196.72
G.M. Breweries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.10% 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.
G.M. Breweries ROC (Joel Greenblatt) % Related Terms
G.M. Breweries ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for G.M. Breweries'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:GMBREW vs BF.B: ROC (Joel Greenblatt) % Comparison
For the Beverages - Wineries & Distilleries subindustry, G.M. Breweries'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.
G.M. Breweries ROC (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, G.M. Breweries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where G.M. Breweries'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 98.22% mean?
G.M. Breweries (NSE:GMBREW) has a ROC (Joel Greenblatt) % of 98.22% 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 G.M. Breweries and its competitors. This is near median its historical median of 106.29. Over the past decade, G.M. Breweries' ROC (Joel Greenblatt) % has ranged from 46.69 to 214.29. According to the industry distribution chart, G.M. Breweries ranks #3 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 1.4%.
Is G.M. Breweries' ROC (Joel Greenblatt) % too high?
G.M. Breweries' current ROC (Joel Greenblatt) % of 98.22% is near median its 10-year median of 106.29. Over the past 10 years, this metric has ranged from a low of 46.69 to a high of 214.29. The Beverages - Alcoholic industry median ROC (Joel Greenblatt) % is 12.30. G.M. Breweries' value of 98.22% is 698.5% above this industry median. Based on the distribution chart, G.M. Breweries ranks #3 out of 211 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, G.M. Breweries has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does G.M. Breweries' ROC (Joel Greenblatt) % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, G.M. Breweries ranks #3 out of 211 companies for ROC (Joel Greenblatt) %. This places G.M. Breweries in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.30. G.M. Breweries' value of 98.22% is 698.5% above this benchmark. Historically, G.M. Breweries' own ROC (Joel Greenblatt) % has ranged from 46.69 to 214.29 over the past decade. While the company's 10-year median is 106.29 vs. the industry median of 12.30, G.M. Breweries 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 Beverages - Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Alcoholic companies is 12.30, based on 211 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. G.M. Breweries's current ROC (Joel Greenblatt) % of 98.22% is 698.5% 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 G.M. Breweries and its competitors. For the Beverages - Alcoholic industry, the median ROC (Joel Greenblatt) % is 12.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G.M. Breweries's current ROC (Joel Greenblatt) % is 98.22%, which is near median its own 10-year median of 106.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G.M. Breweries stock overvalued right now?
Based on GuruFocus' analysis, G.M. Breweries (NSE:GMBREW) is currently considered Fairly Valued. The stock's GF Value™ is ₹896.78, compared to a current price of ₹896.55 — trading 0% below its estimated fair value. The current ROC (Joel Greenblatt) % is 98.22%, which is near median its 10-year median of 106.29 and 698.5% above the Beverages - Alcoholic industry median of 12.30. G.M. Breweries' overall GF Score™ is 84/100 with 3 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 G.M. Breweries (NSE:GMBREW), the current ROC (Joel Greenblatt) % is 98.22% 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 G.M. Breweries (NSE:GMBREW) Overvalued in 2026?
Based on GuruFocus' analysis, G.M. Breweries stock appears to be undervalued.
The current stock price of ₹896.55 is trading 0% below its estimated GF Value™ of ₹896.78.
GuruFocus considers G.M. Breweries to be Fairly Valued.
Key valuation signals for NSE:GMBREW:
ROC (Joel Greenblatt) %: 98.22% (near median its 10-year median of 106.29)
GF Value™: ₹896.78 vs. price of ₹896.55 (0% below fair value)
Industry Position: 698.5% above the Beverages - Alcoholic median (#3 of 211)
No single metric tells the full story. See the NSE:GMBREW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
G.M. Breweries Ltd is engaged in the manufacturing of alcoholic liquor. The firm engages in manufacturing, marketing, and sale of alcoholic beverages such as country liquor and Indian made foreign liquor. It offers products under G.M.Santra, G.M.Limbu Punch, G.M.Doctor, and G.M.Dilbahar Sounf brand names.
84GF Score
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