International Conveyors (NSE:INTLCONV) ROC (Joel Greenblatt) %: 91.02% (As of Mar. 2026) — Near Median

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NSE:INTLCONV International Conveyors Ltd NSE:INTLCONV
82 GF Score
Price ₹75.05
GF Value ₹120.87
Valuation Possible Value Trap
! 2 Warning Signs
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What is International Conveyors ROC (Joel Greenblatt) %?

International Conveyors NSE:INTLCONV +1.86% 82 ROC (Joel Greenblatt) % is 91.02% as of Mar. 2026, which is 6% above its 10-year median of 86.12. GuruFocus rates NSE:INTLCONV with a GF Score™ of 82/100 and a GF Value™ of ₹120.87 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,066 Industrial Products companies, International Conveyors ranks better than 99.09% 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. International Conveyors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 91.02%.

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

NSE:INTLCONV' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.01   Med: 86.12   Max: 407.12
Current: 268.93

During the past 13 years, International Conveyors's highest ROC (Joel Greenblatt) % was 407.12%. The lowest was 7.01%. And the median was 86.12%.

NSE:INTLCONV's ROC (Joel Greenblatt) % is ranked better than
99.09% of 3066 companies
in the Industrial Products industry
Industry Median: 11.745 vs NSE:INTLCONV: 268.93

International Conveyors's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 45.00% per year.


International Conveyors  (NSE:INTLCONV) 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.


International Conveyors ROC (Joel Greenblatt) % Related Terms


International Conveyors ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for International Conveyors'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.

International Conveyors ROC (Joel Greenblatt) % Chart

International Conveyors 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 115.23 151.40 234.80 407.12 329.20

International Conveyors 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 185.15 1,135.04 -177.09 328.31 91.02

NSE:INTLCONV vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, International Conveyors'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.


International Conveyors ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Conveyors's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:INTLCONV
82GF Score
International Conveyors Ltd NSE:INTLCONV
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Conveyors 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)
=(262 + 271.4 + 31.7) - (281.2 + 0 + 84.8)
=199.1

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of International Conveyors 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 )
=311.2/( ( (0 + max(0, 0)) + (142.8 + max(199.1, 0)) )/ 1 )
=311.2/( ( 0 + 341.9 )/ 1 )
=311.2/341.9
=91.02 %

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 91.02% mean?
International Conveyors (NSE:INTLCONV) has a ROC (Joel Greenblatt) % of 91.02% 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 International Conveyors and its competitors. This is near median its historical median of 86.12. Over the past decade, International Conveyors' ROC (Joel Greenblatt) % has ranged from 7.01 to 407.12. According to the industry distribution chart, International Conveyors ranks #28 out of 3066 companies in the Industrial Products industry, placing it in the top 0.90000000000001%.
Is International Conveyors' ROC (Joel Greenblatt) % too high?
International Conveyors' current ROC (Joel Greenblatt) % of 91.02% is near median its 10-year median of 86.12. Over the past 10 years, this metric has ranged from a low of 7.01 to a high of 407.12. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. International Conveyors' value of 91.02% is 675% above this industry median. Based on the distribution chart, International Conveyors ranks #28 out of 3066 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, International Conveyors has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does International Conveyors' ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, International Conveyors ranks #28 out of 3066 companies for ROC (Joel Greenblatt) %. This places International Conveyors in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. International Conveyors' value of 91.02% is 675% above this benchmark. Historically, International Conveyors' own ROC (Joel Greenblatt) % has ranged from 7.01 to 407.12 over the past decade. While the company's 10-year median is 86.12 vs. the industry median of 11.75, International Conveyors 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.75, based on 3,066 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. International Conveyors's current ROC (Joel Greenblatt) % of 91.02% is 675% 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 International Conveyors and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Conveyors's current ROC (Joel Greenblatt) % is 91.02%, which is near median its own 10-year median of 86.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Conveyors stock overvalued right now?
Based on GuruFocus' analysis, International Conveyors (NSE:INTLCONV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹120.87, compared to a current price of ₹75.05 — trading 37.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 91.02%, which is near median its 10-year median of 86.12 and 675% above the Industrial Products industry median of 11.75. International Conveyors' overall GF Score™ is 82/100 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 International Conveyors (NSE:INTLCONV), the current ROC (Joel Greenblatt) % is 91.02% 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 International Conveyors (NSE:INTLCONV) Overvalued in 2026?

Based on GuruFocus' analysis, International Conveyors stock appears to be undervalued. The current stock price of ₹75.05 is trading 37.9% below its estimated GF Value™ of ₹120.87. GuruFocus considers International Conveyors to be Possible Value Trap.

Key valuation signals for NSE:INTLCONV:

  • ROC (Joel Greenblatt) %: 91.02% (near median its 10-year median of 86.12)
  • GF Value™: ₹120.87 vs. price of ₹75.05 (37.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 675% above the Industrial Products median (#28 of 3066)

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


International Conveyors Business Description

Other Exchanges 509709:India
Address Middleton Row, No. 10, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting and fitting and accessories; and generation and sale of power. The company is manufactures and markets solid woven fabric reinforced PVC impregnated and PVC covered fire retardant, anti static conveyor belting. The company operates its business through the segments of Conveyor Belting, Wind Energy, Trading Goods, and Treasury segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.
82GF Score

Get the complete analysis for NSE:INTLCONV

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

₹75.05
Price
₹120.87
GF Value