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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. Home First Finance Co India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,480.49%.
The historical rank and industry rank for Home First Finance Co India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:HOMEFIRST'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 239.18 Med: 1359.62 Max: 1685.01
Current: 1320.16
During the past 9 years, Home First Finance Co India's highest ROC (Joel Greenblatt) % was 1685.01%. The lowest was 239.18%. And the median was 1359.62%.
NSE:HOMEFIRST's ROC (Joel Greenblatt) % is ranked better than 86.96% of 46
companies
in the Banks industry
Industry Median: 63.385
vs NSE:HOMEFIRST: 1320.16
Home First Finance Co India (NSE:HOMEFIRST) 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.
* 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.
Home First Finance Co India ROC (Joel Greenblatt) % Chart
NSE:HOMEFIRST vs RKT, FNMA, PFSI: ROC (Joel Greenblatt) % Comparison
For the Mortgage Finance subindustry, Home First Finance Co 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.
Home First Finance Co India ROC (Joel Greenblatt) % vs Banks Industry
For the Banks industry and Financial Services sector, Home First Finance Co India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Home First Finance Co India's ROC (Joel Greenblatt) % falls into.
Home First Finance Co 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 (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 1,480.49% mean?
Home First Finance Co India (NSE:HOMEFIRST) has a ROC (Joel Greenblatt) % of 1,480.49% 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 Home First Finance Co India and its competitors. This is near median its historical median of 1,359.62. Over the past decade, Home First Finance Co India's ROC (Joel Greenblatt) % has ranged from 239.18 to 1,685.01. According to the industry distribution chart, Home First Finance Co India ranks #6 out of 46 companies in the Banks industry, placing it in the top 13%.
Is Home First Finance Co India's ROC (Joel Greenblatt) % too high?
Home First Finance Co India's current ROC (Joel Greenblatt) % of 1,480.49% is near median its 10-year median of 1,359.62. Over the past 10 years, this metric has ranged from a low of 239.18 to a high of 1,685.01. The Banks industry median ROC (Joel Greenblatt) % is 63.39. Home First Finance Co India's value of 1,480.49% is 2235.7% above this industry median. Based on the distribution chart, Home First Finance Co India ranks #6 out of 46 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Home First Finance Co India has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Home First Finance Co India's ROC (Joel Greenblatt) % compare to RKT and FNMA?
According to the Banks industry distribution chart, Home First Finance Co India ranks #6 out of 46 companies for ROC (Joel Greenblatt) %. This places Home First Finance Co India in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 63.39. Home First Finance Co India's value of 1,480.49% is 2235.7% above this benchmark. Historically, Home First Finance Co India's own ROC (Joel Greenblatt) % has ranged from 239.18 to 1,685.01 over the past decade. While the company's 10-year median is 1,359.62 vs. the industry median of 63.39, Home First Finance Co 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 a Banks company?
The median ROC (Joel Greenblatt) % among Banks companies is 63.39, based on 46 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. Home First Finance Co India's current ROC (Joel Greenblatt) % of 1,480.49% is 2235.7% 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 Home First Finance Co India and its competitors. For the Banks industry, the median ROC (Joel Greenblatt) % is 63.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Home First Finance Co India's current ROC (Joel Greenblatt) % is 1,480.49%, which is near median its own 10-year median of 1,359.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Home First Finance Co India stock overvalued right now?
Based on GuruFocus' analysis, Home First Finance Co India (NSE:HOMEFIRST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,325.98, compared to a current price of ₹1,174.00 — trading 11.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,480.49%, which is near median its 10-year median of 1,359.62 and 2235.7% above the Banks industry median of 63.39. Home First Finance Co India's overall GF Score™ is 82/100 with 7 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 Home First Finance Co India (NSE:HOMEFIRST), the current ROC (Joel Greenblatt) % is 1,480.49% 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 Home First Finance Co India (NSE:HOMEFIRST) Overvalued in 2026?
Based on GuruFocus' analysis, Home First Finance Co India stock appears to be undervalued.
The current stock price of ₹1,174.00 is trading 11.5% below its estimated GF Value™ of ₹1,325.98.
GuruFocus considers Home First Finance Co India to be Modestly Undervalued.
Key valuation signals for NSE:HOMEFIRST:
ROC (Joel Greenblatt) %: 1,480.49% (near median its 10-year median of 1,359.62)
GF Value™: ₹1,325.98 vs. price of ₹1,174.00 (11.5% below fair value)
Industry Position: 2235.7% above the Banks median (#6 of 46)
No single metric tells the full story. See the NSE:HOMEFIRST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Home First Finance Co India Ltd is a technology-driven housing finance company focused on enabling home ownership for first-time home buyers across India. The Company provides financial services to the affordable housing segment through housing loans, loans for the purchase of commercial properties, and loans against property. It offers home loans for the purchase or construction of residential properties, as well as for the extension and repair of existing housing units. Its product portfolio includes Housing Loans, Shop Loans, Loans against Property, and other mortgage loans. The Company mainly serves first-time home buyers in the low- and middle-income segment, with a focus on emerging urban, semi-urban, and affordable housing markets across India.
82GF Score
Get the complete analysis for NSE:HOMEFIRST
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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