Gopal Snacks (NSE:GOPAL) ROC (Joel Greenblatt) %: 26.30% (As of Mar. 2026) — 31% Above Median

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NSE:GOPAL Gopal Snacks Ltd NSE:GOPAL
34 GF Score
Price ₹263.90
! 2 Warning Signs
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What is Gopal Snacks ROC (Joel Greenblatt) %?

Gopal Snacks NSE:GOPAL -0.62% 34 ROC (Joel Greenblatt) % is 26.30% as of Mar. 2026, which is 31% above its 10-year median of 20.06. GuruFocus rates NSE:GOPAL with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,981 Consumer Packaged Goods companies, Gopal Snacks ranks better than 68.2% 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. Gopal Snacks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.30%.

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

NSE:GOPAL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.7   Med: 20.06   Max: 44.31
Current: 19.95

During the past 6 years, Gopal Snacks's highest ROC (Joel Greenblatt) % was 44.31%. The lowest was 6.70%. And the median was 20.06%.

NSE:GOPAL's ROC (Joel Greenblatt) % is ranked better than
68.2% of 1981 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs NSE:GOPAL: 19.95

Gopal Snacks's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.20% per year.


Gopal Snacks  (NSE:GOPAL) 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.


Gopal Snacks ROC (Joel Greenblatt) % Related Terms


Gopal Snacks ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Gopal Snacks'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.

Gopal Snacks ROC (Joel Greenblatt) % Chart

Gopal Snacks Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 20.71 44.31 33.07 6.70 19.41

Gopal Snacks Quarterly Data
Mar21 Mar22 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 -44.75 6.53 29.32 16.07 26.30

NSE:GOPAL vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Gopal Snacks'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.


Gopal Snacks ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gopal Snacks's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:GOPAL
34GF Score
Gopal Snacks Ltd NSE:GOPAL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gopal Snacks 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)
=(559.49 + 1931.55 + 746.69) - (337.51 + 0 + 367.03)
=2533.19

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gopal Snacks 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 )
=1668.44/( ( (0 + max(0, 0)) + (3810.32 + max(2533.19, 0)) )/ 1 )
=1668.44/( ( 0 + 6343.51 )/ 1 )
=1668.44/6343.51
=26.30 %

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 26.30% mean?
Gopal Snacks (NSE:GOPAL) has a ROC (Joel Greenblatt) % of 26.30% 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 Gopal Snacks and its competitors. This is 31% above median its historical median of 20.06. Over the past decade, Gopal Snacks' ROC (Joel Greenblatt) % has ranged from 6.70 to 44.31. According to the industry distribution chart, Gopal Snacks ranks #630 out of 1981 companies in the Consumer Packaged Goods industry, placing it in the top 31.8%.
Is Gopal Snacks' ROC (Joel Greenblatt) % too high?
Gopal Snacks' current ROC (Joel Greenblatt) % of 26.30% is 31% above median its 10-year median of 20.06. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 44.31. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Gopal Snacks' value of 26.30% is 119.3% above this industry median. Based on the distribution chart, Gopal Snacks ranks #630 out of 1981 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Gopal Snacks has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Gopal Snacks' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Gopal Snacks ranks #630 out of 1981 companies for ROC (Joel Greenblatt) %. This puts Gopal Snacks in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Gopal Snacks' value of 26.30% is 119.3% above this benchmark. Historically, Gopal Snacks' own ROC (Joel Greenblatt) % has ranged from 6.70 to 44.31 over the past decade. While the company's 10-year median is 20.06 vs. the industry median of 11.99, Gopal Snacks 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,981 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. Gopal Snacks's current ROC (Joel Greenblatt) % of 26.30% is 119.3% 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 Gopal Snacks and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gopal Snacks's current ROC (Joel Greenblatt) % is 26.30%, which is 31% above median its own 10-year median of 20.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gopal Snacks stock overvalued right now?
Gopal Snacks (NSE:GOPAL) has a current ROC (Joel Greenblatt) % of 26.30%. The current ROC (Joel Greenblatt) % is 26.30%, which is 31% above median its 10-year median of 20.06 and 119.3% above the Consumer Packaged Goods industry median of 11.99. Gopal Snacks' overall GF Score™ is 34/100 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 Gopal Snacks (NSE:GOPAL), the current ROC (Joel Greenblatt) % is 26.30% 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.

Gopal Snacks Business Description

Other Exchanges 544140:India
Address Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021
Gopal Snacks Ltd is a fast-moving consumer goods company in India. The company offers a wide variety of savoury products under the brand 'Gopal', including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks, and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk, and soan papdi. The Company operates in the food products segment.
34GF Score

Get the complete analysis for NSE:GOPAL

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

₹263.90
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