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Gujarat Themis BiosynNSE:GUJTHEM -1.50%67 ROC (Joel Greenblatt) % is 14.56% as of Mar. 2026, which is 77% below its 10-year median of 64.50. GuruFocus rates NSE:GUJTHEM with a GF Score™ of 67/100 and a GF Value™ of ₹313.55 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 981 Drug Manufacturers companies, Gujarat Themis Biosyn ranks better than 62.69% 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. Gujarat Themis Biosyn's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.56%.
The historical rank and industry rank for Gujarat Themis Biosyn's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:GUJTHEM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.24 Med: 64.5 Max: 133.74
Current: 19.21
During the past 13 years, Gujarat Themis Biosyn's highest ROC (Joel Greenblatt) % was 133.74%. The lowest was 18.24%. And the median was 64.50%.
NSE:GUJTHEM's ROC (Joel Greenblatt) % is ranked better than 62.69% of 981
companies
in the Drug Manufacturers industry
Industry Median: 10.74
vs NSE:GUJTHEM: 19.21
Gujarat Themis Biosyn's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -33.30% 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.
Gujarat Themis Biosyn ROC (Joel Greenblatt) % Related Terms
Gujarat Themis Biosyn ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Gujarat Themis Biosyn'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:GUJTHEM vs ZTS: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Gujarat Themis Biosyn'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.
Gujarat Themis Biosyn ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Gujarat Themis Biosyn's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gujarat Themis Biosyn'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 (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 14.56% mean?
Gujarat Themis Biosyn (NSE:GUJTHEM) has a ROC (Joel Greenblatt) % of 14.56% 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 Gujarat Themis Biosyn and its competitors. This is 77% below median its historical median of 64.50. Over the past decade, Gujarat Themis Biosyn's ROC (Joel Greenblatt) % has ranged from 18.24 to 133.74. According to the industry distribution chart, Gujarat Themis Biosyn ranks #366 out of 981 companies in the Drug Manufacturers industry, placing it in the top 37.3%.
Is Gujarat Themis Biosyn's ROC (Joel Greenblatt) % too high?
Gujarat Themis Biosyn's current ROC (Joel Greenblatt) % of 14.56% is 77% below median its 10-year median of 64.50. Over the past 10 years, this metric has ranged from a low of 18.24 to a high of 133.74. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 10.74. Gujarat Themis Biosyn's value of 14.56% is 35.6% above this industry median. Based on the distribution chart, Gujarat Themis Biosyn ranks #366 out of 981 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Gujarat Themis Biosyn has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Themis Biosyn's ROC (Joel Greenblatt) % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Gujarat Themis Biosyn ranks #366 out of 981 companies for ROC (Joel Greenblatt) %. This puts Gujarat Themis Biosyn in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.74. Gujarat Themis Biosyn's value of 14.56% is 35.6% above this benchmark. Historically, Gujarat Themis Biosyn's own ROC (Joel Greenblatt) % has ranged from 18.24 to 133.74 over the past decade. While the company's 10-year median is 64.50 vs. the industry median of 10.74, Gujarat Themis Biosyn 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 10.74, based on 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. Gujarat Themis Biosyn's current ROC (Joel Greenblatt) % of 14.56% is 35.6% 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 Gujarat Themis Biosyn and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 10.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Themis Biosyn's current ROC (Joel Greenblatt) % is 14.56%, which is 77% below median its own 10-year median of 64.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Themis Biosyn stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Themis Biosyn (NSE:GUJTHEM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹313.55, compared to a current price of ₹362.05 — trading 15.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.56%, which is 77% below median its 10-year median of 64.50 and 35.6% above the Drug Manufacturers industry median of 10.74. Gujarat Themis Biosyn's overall GF Score™ is 67/100 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 Gujarat Themis Biosyn (NSE:GUJTHEM), the current ROC (Joel Greenblatt) % is 14.56% 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 Gujarat Themis Biosyn (NSE:GUJTHEM) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Themis Biosyn stock appears to be overvalued.
The current stock price of ₹362.05 is trading 15.5% above its estimated GF Value™ of ₹313.55.
GuruFocus considers Gujarat Themis Biosyn to be Modestly Overvalued.
Key valuation signals for NSE:GUJTHEM:
ROC (Joel Greenblatt) %: 14.56% (77% below median its 10-year median of 64.50)
GF Value™: ₹313.55 vs. price of ₹362.05 (15.5% above fair value)
Industry Position: 35.6% above the Drug Manufacturers median (#366 of 981)
No single metric tells the full story. See the NSE:GUJTHEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Themis Biosyn Ltd is engaged in manufacturing, exporting, and selling of bulk drugs on a job-work basis. The company operates in one segment which is pharmaceuticals. Its products include Rifamycin-S, which is an intermediate for Rifampicin for the treatment of tuberculosis (TB), and Lovastatin.
67GF Score
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