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Greenlam IndustriesNSE:GREENLAM +0.59%93 ROC (Joel Greenblatt) % is 9.42% as of Jun. 2026, which is 43% below its 10-year median of 16.66. GuruFocus rates NSE:GREENLAM with a GF Score™ of 93/100 and a GF Value™ of ₹334.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks better than 51.27% 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. Greenlam Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 9.42%.
The historical rank and industry rank for Greenlam Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:GREENLAM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.32 Med: 16.66 Max: 19.35
Current: 10.36
During the past 13 years, Greenlam Industries's highest ROC (Joel Greenblatt) % was 19.35%. The lowest was 8.32%. And the median was 16.66%.
NSE:GREENLAM's ROC (Joel Greenblatt) % is ranked better than 51.27% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.92
vs NSE:GREENLAM: 10.36
Greenlam Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.00% 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.
Greenlam Industries ROC (Joel Greenblatt) % Related Terms
Greenlam Industries ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Greenlam Industries'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:GREENLAM vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Greenlam Industries'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.
Greenlam Industries ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Greenlam Industries'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 9.42% mean?
Greenlam Industries (NSE:GREENLAM) has a ROC (Joel Greenblatt) % of 9.42% 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 Greenlam Industries and its competitors. This is 43% below median its historical median of 16.66. Over the past decade, Greenlam Industries' ROC (Joel Greenblatt) % has ranged from 8.32 to 19.35. According to the industry distribution chart, Greenlam Industries ranks #211 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 48.7%.
Is Greenlam Industries' ROC (Joel Greenblatt) % too high?
Greenlam Industries' current ROC (Joel Greenblatt) % of 9.42% is 43% below median its 10-year median of 16.66. Over the past 10 years, this metric has ranged from a low of 8.32 to a high of 19.35. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.92. Greenlam Industries' value of 9.42% is 5% below this industry median. Based on the distribution chart, Greenlam Industries ranks #211 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Greenlam Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #211 out of 433 companies for ROC (Joel Greenblatt) %. This puts Greenlam Industries in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.92. Greenlam Industries' value of 9.42% is 5% below this benchmark. Historically, Greenlam Industries' own ROC (Joel Greenblatt) % has ranged from 8.32 to 19.35 over the past decade. While the company's 10-year median is 16.66 vs. the industry median of 9.92, Greenlam Industries has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.92, based on 433 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. Greenlam Industries's current ROC (Joel Greenblatt) % of 9.42% is 5% below 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current ROC (Joel Greenblatt) % is 9.42%, which is 43% below median its own 10-year median of 16.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹334.25, compared to a current price of ₹256.20 — trading 23.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.42%, which is 43% below median its 10-year median of 16.66 and 5% below the Furnishings, Fixtures & Appliances industry median of 9.92. Greenlam Industries' overall GF Score™ is 93/100 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 Greenlam Industries (NSE:GREENLAM), the current ROC (Joel Greenblatt) % is 9.42% 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued.
The current stock price of ₹256.20 is trading 23.4% below its estimated GF Value™ of ₹334.25.
GuruFocus considers Greenlam Industries to be Modestly Undervalued.
Key valuation signals for NSE:GREENLAM:
ROC (Joel Greenblatt) %: 9.42% (43% below median its 10-year median of 16.66)
GF Value™: ₹334.25 vs. price of ₹256.20 (23.4% below fair value)
Industry Position: 5% below the Furnishings, Fixtures & Appliances median (#211 of 433)
No single metric tells the full story. See the NSE:GREENLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
93GF Score
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