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Godawari Power & IspatNSE:GPIL -1.76%84 ROC (Joel Greenblatt) % is 36.91% as of Mar. 2026, which is 26% above its 10-year median of 29.21. GuruFocus rates NSE:GPIL with a GF Score™ of 84/100 and a GF Value™ of ₹208.01 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 632 Steel companies, Godawari Power & Ispat ranks better than 89.56% 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. Godawari Power & Ispat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.91%.
The historical rank and industry rank for Godawari Power & Ispat's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:GPIL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.82 Med: 29.21 Max: 61.77
Current: 27.69
During the past 13 years, Godawari Power & Ispat's highest ROC (Joel Greenblatt) % was 61.77%. The lowest was 5.82%. And the median was 29.21%.
NSE:GPIL's ROC (Joel Greenblatt) % is ranked better than 89.56% of 632
companies
in the Steel industry
Industry Median: 7.065
vs NSE:GPIL: 27.69
Godawari Power & Ispat's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.70% per year.
Godawari Power & Ispat (NSE:GPIL) 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.
Godawari Power & Ispat ROC (Joel Greenblatt) % Related Terms
Godawari Power & Ispat ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Godawari Power & Ispat'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.
Godawari Power & Ispat ROC (Joel Greenblatt) % Chart
NSE:GPIL vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Godawari Power & Ispat'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.
Godawari Power & Ispat ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Godawari Power & Ispat's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Godawari Power & Ispat's ROC (Joel Greenblatt) % falls into.
Godawari Power & Ispat 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:
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 (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 36.91% mean?
Godawari Power & Ispat (NSE:GPIL) has a ROC (Joel Greenblatt) % of 36.91% 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 Godawari Power & Ispat and its competitors. This is 26% above median its historical median of 29.21. Over the past decade, Godawari Power & Ispat's ROC (Joel Greenblatt) % has ranged from 5.82 to 61.77. According to the industry distribution chart, Godawari Power & Ispat ranks #66 out of 632 companies in the Steel industry, placing it in the top 10.4%.
Is Godawari Power & Ispat's ROC (Joel Greenblatt) % too high?
Godawari Power & Ispat's current ROC (Joel Greenblatt) % of 36.91% is 26% above median its 10-year median of 29.21. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 61.77. The Steel industry median ROC (Joel Greenblatt) % is 7.07. Godawari Power & Ispat's value of 36.91% is 422.4% above this industry median. Based on the distribution chart, Godawari Power & Ispat ranks #66 out of 632 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Godawari Power & Ispat has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Godawari Power & Ispat's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Godawari Power & Ispat ranks #66 out of 632 companies for ROC (Joel Greenblatt) %. This places Godawari Power & Ispat in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.07. Godawari Power & Ispat's value of 36.91% is 422.4% above this benchmark. Historically, Godawari Power & Ispat's own ROC (Joel Greenblatt) % has ranged from 5.82 to 61.77 over the past decade. While the company's 10-year median is 29.21 vs. the industry median of 7.07, Godawari Power & Ispat 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.07, based on 632 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. Godawari Power & Ispat's current ROC (Joel Greenblatt) % of 36.91% is 422.4% 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 Godawari Power & Ispat and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godawari Power & Ispat's current ROC (Joel Greenblatt) % is 36.91%, which is 26% above median its own 10-year median of 29.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godawari Power & Ispat stock overvalued right now?
Based on GuruFocus' analysis, Godawari Power & Ispat (NSE:GPIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹208.01, compared to a current price of ₹251.85 — trading 21.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 36.91%, which is 26% above median its 10-year median of 29.21 and 422.4% above the Steel industry median of 7.07. Godawari Power & Ispat's 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 Godawari Power & Ispat (NSE:GPIL), the current ROC (Joel Greenblatt) % is 36.91% 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 Godawari Power & Ispat (NSE:GPIL) Overvalued in 2026?
Based on GuruFocus' analysis, Godawari Power & Ispat stock appears to be overvalued.
The current stock price of ₹251.85 is trading 21.1% above its estimated GF Value™ of ₹208.01.
GuruFocus considers Godawari Power & Ispat to be Modestly Overvalued.
Key valuation signals for NSE:GPIL:
ROC (Joel Greenblatt) %: 36.91% (26% above median its 10-year median of 29.21)
GF Value™: ₹208.01 vs. price of ₹251.85 (21.1% above fair value)
Industry Position: 422.4% above the Steel median (#66 of 632)
No single metric tells the full story. See the NSE:GPIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.
84GF Score
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