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Graphite IndiaNSE:GRAPHITE -0.13%80 ROC (Joel Greenblatt) % is 44.16% as of Jun. 2026, which is 99% above its 10-year median of 22.21. GuruFocus rates NSE:GRAPHITE with a GF Score™ of 80/100 and a GF Value™ of ₹614.75 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,062 Industrial Products companies, Graphite India ranks better than 55.19% 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. Graphite India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 44.16%.
The historical rank and industry rank for Graphite India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:GRAPHITE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.39 Med: 22.21 Max: 227.84
Current: 16.7
During the past 13 years, Graphite India's highest ROC (Joel Greenblatt) % was 227.84%. The lowest was 1.39%. And the median was 22.21%.
NSE:GRAPHITE's ROC (Joel Greenblatt) % is ranked better than 55.19% of 3062
companies
in the Industrial Products industry
Industry Median: 11.595
vs NSE:GRAPHITE: 16.70
Graphite India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 31.90% per year.
Graphite India (NSE:GRAPHITE) 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.
Graphite India ROC (Joel Greenblatt) % Related Terms
Graphite India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Graphite India'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:GRAPHITE vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Graphite India'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.
Graphite India ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Graphite India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Graphite India's ROC (Joel Greenblatt) % falls into.
Graphite India 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 (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 44.16% mean?
Graphite India (NSE:GRAPHITE) has a ROC (Joel Greenblatt) % of 44.16% 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 Graphite India and its competitors. This is 99% above median its historical median of 22.21. Over the past decade, Graphite India's ROC (Joel Greenblatt) % has ranged from 1.39 to 227.84. According to the industry distribution chart, Graphite India ranks #1372 out of 3062 companies in the Industrial Products industry, placing it in the top 44.8%.
Is Graphite India's ROC (Joel Greenblatt) % too high?
Graphite India's current ROC (Joel Greenblatt) % of 44.16% is 99% above median its 10-year median of 22.21. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 227.84. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.60. Graphite India's value of 44.16% is 280.9% above this industry median. Based on the distribution chart, Graphite India ranks #1372 out of 3062 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Graphite India has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Graphite India's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Graphite India ranks #1372 out of 3062 companies for ROC (Joel Greenblatt) %. This puts Graphite India in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.60. Graphite India's value of 44.16% is 280.9% above this benchmark. Historically, Graphite India's own ROC (Joel Greenblatt) % has ranged from 1.39 to 227.84 over the past decade. While the company's 10-year median is 22.21 vs. the industry median of 11.60, Graphite India 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.60, based on 3,062 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. Graphite India's current ROC (Joel Greenblatt) % of 44.16% is 280.9% 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 Graphite India and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Graphite India's current ROC (Joel Greenblatt) % is 44.16%, which is 99% above median its own 10-year median of 22.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graphite India stock overvalued right now?
Based on GuruFocus' analysis, Graphite India (NSE:GRAPHITE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹614.75, compared to a current price of ₹709.15 — trading 15.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 44.16%, which is 99% above median its 10-year median of 22.21 and 280.9% above the Industrial Products industry median of 11.60. Graphite India's overall GF Score™ is 80/100 with 5 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 Graphite India (NSE:GRAPHITE), the current ROC (Joel Greenblatt) % is 44.16% 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 Graphite India (NSE:GRAPHITE) Overvalued in 2026?
Based on GuruFocus' analysis, Graphite India stock appears to be overvalued.
The current stock price of ₹709.15 is trading 15.4% above its estimated GF Value™ of ₹614.75.
GuruFocus considers Graphite India to be Modestly Overvalued.
Key valuation signals for NSE:GRAPHITE:
ROC (Joel Greenblatt) %: 44.16% (99% above median its 10-year median of 22.21)
GF Value™: ₹614.75 vs. price of ₹709.15 (15.4% above fair value)
Industry Position: 280.9% above the Industrial Products median (#1372 of 3062)
No single metric tells the full story. See the NSE:GRAPHITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Graphite India Ltd is an industrial products manufacturer in India. It manufactures graphite electrodes and graphite-based products. Its segments are Graphite and Carbon segment, which is engaged in the production of Graphite Electrodes, Other Miscellaneous Graphite and Carbon Products, and related Processing/Service Charges; Steel segment, which is engaged in manufacturing of High Speed Steel and Alloy Steel; and Other segment, is engaged in manufacturing/laying of GRP Pipes and Power Generating Unit exclusively for outside sale. The company also manufactures other products like Impervious Graphite Equipment and Spares, steel and alloy steel, reinforced plastic pipes, and many more. It generates the majority of its revenue from the Graphite and Carbon segment.
80GF Score
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