HT Media (NSE:HTMEDIA) ROC (Joel Greenblatt) %: 39.38% (As of Mar. 2026) — 220% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HTMEDIA HT Media Ltd NSE:HTMEDIA
65 GF Score
Price ₹25.67
GF Value ₹26.97
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is HT Media ROC (Joel Greenblatt) %?

HT Media NSE:HTMEDIA -2.10% 65 ROC (Joel Greenblatt) % is 39.38% as of Mar. 2026, which is 220% above its 10-year median of 12.32. GuruFocus rates NSE:HTMEDIA with a GF Score™ of 65/100 and a GF Value™ of ₹26.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,015 Media - Diversified companies, HT Media ranks worse than 52.51% 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. HT Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.38%.

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

NSE:HTMEDIA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -38.52   Med: 12.32   Max: 86.29
Current: 7.08

During the past 13 years, HT Media's highest ROC (Joel Greenblatt) % was 86.29%. The lowest was -38.52%. And the median was 12.32%.

NSE:HTMEDIA's ROC (Joel Greenblatt) % is ranked worse than
52.51% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.81 vs NSE:HTMEDIA: 7.08

HT Media's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


HT Media  (NSE:HTMEDIA) 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.


HT Media ROC (Joel Greenblatt) % Related Terms


HT Media ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for HT Media'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.

HT Media ROC (Joel Greenblatt) % Chart

HT Media 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 12.47 -22.61 -12.61 38.59 23.94

HT Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 90.37 -12.79 19.51 -12.41 39.38

NSE:HTMEDIA vs NYT, WLY: ROC (Joel Greenblatt) % Comparison

For the Publishing subindustry, HT Media'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.


HT Media ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HT Media's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where HT Media's ROC (Joel Greenblatt) % falls into.


NSE:HTMEDIA
65GF Score
HT Media Ltd NSE:HTMEDIA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HT Media 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3955 + 1040.4 + 1886.5) - (2844.3 + 0 + 8539.5)
=-4501.9

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of HT Media for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1348.8/( ( (0 + max(0, 0)) + (3425 + max(-4501.9, 0)) )/ 1 )
=1348.8/( ( 0 + 3425 )/ 1 )
=1348.8/3425
=39.38 %

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 39.38% mean?
HT Media (NSE:HTMEDIA) has a ROC (Joel Greenblatt) % of 39.38% 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 HT Media and its competitors. This is 220% above median its historical median of 12.32. According to the industry distribution chart, HT Media ranks #533 out of 1015 companies in the Media - Diversified industry, placing it in the top 52.5%.
Is HT Media's ROC (Joel Greenblatt) % too high?
HT Media's current ROC (Joel Greenblatt) % of 39.38% is 220% above median its 10-year median of 12.32. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.81. HT Media's value of 39.38% is 301.4% above this industry median. Based on the distribution chart, HT Media ranks #533 out of 1015 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, HT Media has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HT Media's ROC (Joel Greenblatt) % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, HT Media ranks #533 out of 1015 companies for ROC (Joel Greenblatt) %. This places HT Media in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.81. HT Media's value of 39.38% is 301.4% above this benchmark. While the company's 10-year median is 12.32 vs. the industry median of 9.81, HT Media 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.81, based on 1,015 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. HT Media's current ROC (Joel Greenblatt) % of 39.38% is 301.4% 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 HT Media and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HT Media's current ROC (Joel Greenblatt) % is 39.38%, which is 220% above median its own 10-year median of 12.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HT Media stock overvalued right now?
Based on GuruFocus' analysis, HT Media (NSE:HTMEDIA) is currently considered Fairly Valued. The stock's GF Value™ is ₹26.97, compared to a current price of ₹25.67 — trading 4.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 39.38%, which is 220% above median its 10-year median of 12.32 and 301.4% above the Media - Diversified industry median of 9.81. HT Media's overall GF Score™ is 65/100 with 4 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 HT Media (NSE:HTMEDIA), the current ROC (Joel Greenblatt) % is 39.38% 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 HT Media (NSE:HTMEDIA) Overvalued in 2026?

Based on GuruFocus' analysis, HT Media stock appears to be undervalued. The current stock price of ₹25.67 is trading 4.8% below its estimated GF Value™ of ₹26.97. GuruFocus considers HT Media to be Fairly Valued.

Key valuation signals for NSE:HTMEDIA:

  • ROC (Joel Greenblatt) %: 39.38% (220% above median its 10-year median of 12.32)
  • GF Value™: ₹26.97 vs. price of ₹25.67 (4.8% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 301.4% above the Media - Diversified median (#533 of 1015)

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


HT Media Business Description

Other Exchanges 532662:India
Address New Friends Colony, A Block, 5th Floor, Lotus Tower, Community Centre, New Delhi, IND, 110025
HT Media Ltd is an Indian media company engaged in the printing and publishing of newspapers and periodicals. The company publishes Hindustan Times, an English daily, and Mint, a Business paper. It also engaged in the business of providing entertainment, radio broadcasts, and all other related activities through its Radio Stations operating under the brand names Fever 104, Fever, and Radio Nasha. The company's operating segment includes Printing and Publication of Newspapers and Periodicals, Radio Broadcasts and Entertainment, and Digital. It generates maximum revenue from the Printing and Publishing of Newspaper and Periodicals segment. Geographically, the company mainly caters to its domestic market.
65GF Score

Get the complete analysis for NSE:HTMEDIA

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

₹25.67
Price
₹26.97
GF Value