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. IL&FS Engineering and Construction Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 176.72%.
NSE:IL&FSENGG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1122.61 Med: -205.49 Max: 184.69
Current: 12.17
During the past 13 years, IL&FS Engineering and Construction Co's highest ROC (Joel Greenblatt) % was 184.69%. The lowest was -1122.61%. And the median was -205.49%.
NSE:IL&FSENGG's ROC (Joel Greenblatt) % is ranked worse than 61.15% of 1776
companies
in the Construction industry
Industry Median: 19.375
vs NSE:IL&FSENGG: 12.17
IL&FS Engineering and Construction Co (NSE:IL&FSENGG) 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.
IL&FS Engineering and Construction Co ROC (Joel Greenblatt) % Chart
NSE:IL&FSENGG vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, IL&FS Engineering and Construction Co'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.
IL&FS Engineering and Construction Co ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, IL&FS Engineering and Construction Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IL&FS Engineering and Construction Co's ROC (Joel Greenblatt) % falls into.
IL&FS Engineering and Construction Co 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 176.72% mean?
IL&FS Engineering and Construction Co (NSE:IL&FSENGG) has a ROC (Joel Greenblatt) % of 176.72% 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 IL&FS Engineering and Construction Co and its competitors. According to the industry distribution chart, IL&FS Engineering and Construction Co ranks #1086 out of 1776 companies in the Construction industry, placing it in the top 61.1%.
Is IL&FS Engineering and Construction Co's ROC (Joel Greenblatt) % too high?
IL&FS Engineering and Construction Co's current ROC (Joel Greenblatt) % is 176.72%. The Construction industry median ROC (Joel Greenblatt) % is 19.38. IL&FS Engineering and Construction Co's value of 176.72% is 812.1% above this industry median. Based on the distribution chart, IL&FS Engineering and Construction Co ranks #1086 out of 1776 companies in the Construction industry, which is below the industry midpoint. Overall, IL&FS Engineering and Construction Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IL&FS Engineering and Construction Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, IL&FS Engineering and Construction Co ranks #1086 out of 1776 companies for ROC (Joel Greenblatt) %. This places IL&FS Engineering and Construction Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.38. IL&FS Engineering and Construction Co's value of 176.72% is 812.1% above this benchmark. 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,776 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. IL&FS Engineering and Construction Co's current ROC (Joel Greenblatt) % of 176.72% is 812.1% 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 IL&FS Engineering and Construction Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IL&FS Engineering and Construction Co's current ROC (Joel Greenblatt) % is 176.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IL&FS Engineering and Construction Co stock overvalued right now?
Based on GuruFocus' analysis, IL&FS Engineering and Construction Co (NSE:IL&FSENGG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹19.43, compared to a current price of ₹30.00 — trading 54.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 176.72% and 812.1% above the Construction industry median of 19.38. IL&FS Engineering and Construction Co's overall GF Score™ is 54/100 with 8 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 IL&FS Engineering and Construction Co (NSE:IL&FSENGG), the current ROC (Joel Greenblatt) % is 176.72% 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 IL&FS Engineering and Construction Co (NSE:IL&FSENGG) Overvalued in 2026?
Based on GuruFocus' analysis, IL&FS Engineering and Construction Co stock appears to be overvalued.
The current stock price of ₹30.00 is trading 54.4% above its estimated GF Value™ of ₹19.43.
GuruFocus considers IL&FS Engineering and Construction Co to be Significantly Overvalued.
Key valuation signals for NSE:IL&FSENGG:
ROC (Joel Greenblatt) %: 176.72%
GF Value™: ₹19.43 vs. price of ₹30.00 (54.4% above fair value)
Industry Position: 812.1% above the Construction median (#1086 of 1776)
No single metric tells the full story. See the NSE:IL&FSENGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IL&FS Engineering and Construction Co Business Description
IL&FS Engineering and Construction Co Ltd is engaged in the construction and infrastructure development business. It is in the business of erection/construction of roads, irrigation projects, buildings, oil and gas infrastructure, railway infrastructure, power plants, power transmission and distribution lines including rural electrification and development of airports. The operating segment of the company is Construction and Infrastructure Development. It derives prime revenue from India.
54GF Score
Get the complete analysis for NSE:IL&FSENGG
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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