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HP Telecom IndiaNSE:HPTL 18 ROC (Joel Greenblatt) % is 36.71% as of Mar. 2026, which is 41% above its 10-year median of 25.96. GuruFocus rates NSE:HPTL with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,491 Hardware companies, HP Telecom India ranks better than 61.5% 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. HP Telecom India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.71%.
The historical rank and industry rank for HP Telecom India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:HPTL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.61 Med: 25.96 Max: 32.6
Current: 18.35
During the past 5 years, HP Telecom India's highest ROC (Joel Greenblatt) % was 32.60%. The lowest was 13.61%. And the median was 25.96%.
NSE:HPTL's ROC (Joel Greenblatt) % is ranked better than 61.5% of 2491
companies
in the Hardware industry
Industry Median: 11.61
vs NSE:HPTL: 18.35
HP Telecom India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
HP Telecom India (NSE:HPTL) 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.
HP Telecom India ROC (Joel Greenblatt) % Related Terms
HP Telecom India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for HP Telecom 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:HPTL vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, HP Telecom 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.
HP Telecom India ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, HP Telecom India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HP Telecom India's ROC (Joel Greenblatt) % falls into.
HP Telecom 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 two times the semi-annual (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 36.71% mean?
HP Telecom India (NSE:HPTL) has a ROC (Joel Greenblatt) % of 36.71% 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 HP Telecom India and its competitors. This is 41% above median its historical median of 25.96. Over the past decade, HP Telecom India's ROC (Joel Greenblatt) % has ranged from 13.61 to 32.60. According to the industry distribution chart, HP Telecom India ranks #959 out of 2491 companies in the Hardware industry, placing it in the top 38.5%.
Is HP Telecom India's ROC (Joel Greenblatt) % too high?
HP Telecom India's current ROC (Joel Greenblatt) % of 36.71% is 41% above median its 10-year median of 25.96. Over the past 10 years, this metric has ranged from a low of 13.61 to a high of 32.60. The Hardware industry median ROC (Joel Greenblatt) % is 11.61. HP Telecom India's value of 36.71% is 216.2% above this industry median. Based on the distribution chart, HP Telecom India ranks #959 out of 2491 companies in the Hardware industry, which is above the industry midpoint. Overall, HP Telecom India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does HP Telecom India's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, HP Telecom India ranks #959 out of 2491 companies for ROC (Joel Greenblatt) %. This puts HP Telecom India in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.61. HP Telecom India's value of 36.71% is 216.2% above this benchmark. Historically, HP Telecom India's own ROC (Joel Greenblatt) % has ranged from 13.61 to 32.60 over the past decade. While the company's 10-year median is 25.96 vs. the industry median of 11.61, HP Telecom 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 11.61, based on 2,491 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. HP Telecom India's current ROC (Joel Greenblatt) % of 36.71% is 216.2% 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 HP Telecom India and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HP Telecom India's current ROC (Joel Greenblatt) % is 36.71%, which is 41% above median its own 10-year median of 25.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP Telecom India stock overvalued right now?
HP Telecom India (NSE:HPTL) has a current ROC (Joel Greenblatt) % of 36.71%. The current ROC (Joel Greenblatt) % is 36.71%, which is 41% above median its 10-year median of 25.96 and 216.2% above the Hardware industry median of 11.61. HP Telecom India's overall GF Score™ is 18/100 with 3 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 HP Telecom India (NSE:HPTL), the current ROC (Joel Greenblatt) % is 36.71% 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.
HP Telecom India Ltd has been dedicated to providing top-tier telecommunications solutions and services to its clients. It operates with a focus on professionalism, innovation, and customer satisfaction. Currently, the company operates as the exclusive distributor of Apple products across territories, including Madhya Pradesh & Chhattisgarh, select cities in Uttar Pradesh, and urban centers in Gujarat. It proudly offers Apple's iconic range of devices, comprising the iPhone, iPad, Mac, Apple Watch, and more, catering to the discerning tech-savvy consumers in these regions. While Apple products remain the cornerstone of its distribution portfolio, It also engages in the distribution of select other brands to diversify its offerings and cater to a broader customer base.
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