Hatsun Agro Product (NSE:HATSUN) ROC (Joel Greenblatt) %: 23.46% (As of Jun. 2026) — 61% Above Median

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NSE:HATSUN Hatsun Agro Product Ltd NSE:HATSUN
91 GF Score
Price ₹868.25
GF Value ₹1,225.34
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hatsun Agro Product ROC (Joel Greenblatt) %?

Hatsun Agro Product NSE:HATSUN -0.73% 91 ROC (Joel Greenblatt) % is 23.46% as of Jun. 2026, which is 61% above its 10-year median of 14.56. GuruFocus rates NSE:HATSUN with a GF Score™ of 91/100 and a GF Value™ of ₹1,225.34 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,981 Consumer Packaged Goods companies, Hatsun Agro Product ranks better than 61.53% 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. Hatsun Agro Product's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 23.46%.

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

NSE:HATSUN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.39   Med: 14.56   Max: 23.3
Current: 16.3

During the past 13 years, Hatsun Agro Product's highest ROC (Joel Greenblatt) % was 23.30%. The lowest was 11.39%. And the median was 14.56%.

NSE:HATSUN's ROC (Joel Greenblatt) % is ranked better than
61.53% of 1981 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs NSE:HATSUN: 16.30

Hatsun Agro Product's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.20% per year.


Hatsun Agro Product  (NSE:HATSUN) 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.


Hatsun Agro Product ROC (Joel Greenblatt) % Related Terms


Hatsun Agro Product ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hatsun Agro Product'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.

Hatsun Agro Product ROC (Joel Greenblatt) % Chart

Hatsun Agro Product Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.95 11.39 14.03 13.82 16.65

Hatsun Agro Product Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.00 21.30 12.89 10.67 23.46

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

For the Packaged Foods subindustry, Hatsun Agro Product'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.


Hatsun Agro Product ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Hatsun Agro Product's ROC (Joel Greenblatt) % falls into.


NSE:HATSUN
91GF Score
Hatsun Agro Product Ltd NSE:HATSUN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hatsun Agro Product 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.7 + 5914.7 + 565.6) - (3280 + 0 + 2812.7)
=435.3

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hatsun Agro Product for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8092.4/( ( (34056.7 + max(435.3, 0)) + (0 + max(0, 0)) )/ 1 )
=8092.4/( ( 34492 + 0 )/ 1 )
=8092.4/34492
=23.46 %

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 23.46% mean?
Hatsun Agro Product (NSE:HATSUN) has a ROC (Joel Greenblatt) % of 23.46% 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 Hatsun Agro Product and its competitors. This is 61% above median its historical median of 14.56. Over the past decade, Hatsun Agro Product's ROC (Joel Greenblatt) % has ranged from 11.39 to 23.30. According to the industry distribution chart, Hatsun Agro Product ranks #762 out of 1981 companies in the Consumer Packaged Goods industry, placing it in the top 38.5%.
Is Hatsun Agro Product's ROC (Joel Greenblatt) % too high?
Hatsun Agro Product's current ROC (Joel Greenblatt) % of 23.46% is 61% above median its 10-year median of 14.56. Over the past 10 years, this metric has ranged from a low of 11.39 to a high of 23.30. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Hatsun Agro Product's value of 23.46% is 95.7% above this industry median. Based on the distribution chart, Hatsun Agro Product ranks #762 out of 1981 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hatsun Agro Product has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hatsun Agro Product's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hatsun Agro Product ranks #762 out of 1981 companies for ROC (Joel Greenblatt) %. This puts Hatsun Agro Product in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Hatsun Agro Product's value of 23.46% is 95.7% above this benchmark. Historically, Hatsun Agro Product's own ROC (Joel Greenblatt) % has ranged from 11.39 to 23.30 over the past decade. While the company's 10-year median is 14.56 vs. the industry median of 11.99, Hatsun Agro Product 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. Hatsun Agro Product's current ROC (Joel Greenblatt) % of 23.46% is 95.7% 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 Hatsun Agro Product 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. Hatsun Agro Product's current ROC (Joel Greenblatt) % is 23.46%, which is 61% above median its own 10-year median of 14.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatsun Agro Product stock overvalued right now?
Based on GuruFocus' analysis, Hatsun Agro Product (NSE:HATSUN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,225.34, compared to a current price of ₹868.25 — trading 29.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.46%, which is 61% above median its 10-year median of 14.56 and 95.7% above the Consumer Packaged Goods industry median of 11.99. Hatsun Agro Product's overall GF Score™ is 91/100 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 Hatsun Agro Product (NSE:HATSUN), the current ROC (Joel Greenblatt) % is 23.46% 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 Hatsun Agro Product (NSE:HATSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Hatsun Agro Product stock appears to be undervalued. The current stock price of ₹868.25 is trading 29.1% below its estimated GF Value™ of ₹1,225.34. GuruFocus considers Hatsun Agro Product to be Modestly Undervalued.

Key valuation signals for NSE:HATSUN:

  • ROC (Joel Greenblatt) %: 23.46% (61% above median its 10-year median of 14.56)
  • GF Value™: ₹1,225.34 vs. price of ₹868.25 (29.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 95.7% above the Consumer Packaged Goods median (#762 of 1981)

No single metric tells the full story. See the NSE:HATSUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hatsun Agro Product Business Description

Other Exchanges 531531:India
Address Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.
91GF Score

Get the complete analysis for NSE:HATSUN

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

₹868.25
Price
₹1,225.34
GF Value