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Jainam Ferro Alloys (I)NSE:JAINAM 86 ROC (Joel Greenblatt) % is 6.46% as of Mar. 2026, which is 85% below its 10-year median of 43.47. GuruFocus rates NSE:JAINAM with a GF Score™ of 86/100 and a GF Value™ of ₹242.73 (Fairly Valued). The stock has 5 warning signs investors should review. Among 632 Steel companies, Jainam Ferro Alloys (I) ranks better than 78.01% 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. Jainam Ferro Alloys (I)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.46%.
The historical rank and industry rank for Jainam Ferro Alloys (I)'s ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:JAINAM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.14 Med: 43.47 Max: 252.26
Current: 16.93
During the past 8 years, Jainam Ferro Alloys (I)'s highest ROC (Joel Greenblatt) % was 252.26%. The lowest was 15.14%. And the median was 43.47%.
NSE:JAINAM's ROC (Joel Greenblatt) % is ranked better than 78.01% of 632
companies
in the Steel industry
Industry Median: 7.26
vs NSE:JAINAM: 16.93
Jainam Ferro Alloys (I)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -32.30% per year.
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.
Jainam Ferro Alloys (I) ROC (Joel Greenblatt) % Related Terms
Jainam Ferro Alloys (I) ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Jainam Ferro Alloys (I)'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:JAINAM vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Jainam Ferro Alloys (I)'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.
Jainam Ferro Alloys (I) ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Jainam Ferro Alloys (I)'s ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jainam Ferro Alloys (I)'s ROC (Joel Greenblatt) % falls into.
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 6.46% mean?
Jainam Ferro Alloys (I) (NSE:JAINAM) has a ROC (Joel Greenblatt) % of 6.46% 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 Jainam Ferro Alloys (I) and its competitors. This is 85% below median its historical median of 43.47. Over the past decade, Jainam Ferro Alloys (I)'s ROC (Joel Greenblatt) % has ranged from 15.14 to 252.26. According to the industry distribution chart, Jainam Ferro Alloys (I) ranks #139 out of 632 companies in the Steel industry, placing it in the top 22%.
Is Jainam Ferro Alloys (I)'s ROC (Joel Greenblatt) % too high?
Jainam Ferro Alloys (I)'s current ROC (Joel Greenblatt) % of 6.46% is 85% below median its 10-year median of 43.47. Over the past 10 years, this metric has ranged from a low of 15.14 to a high of 252.26. The Steel industry median ROC (Joel Greenblatt) % is 7.26. Jainam Ferro Alloys (I)'s value of 6.46% is 11% below this industry median. Based on the distribution chart, Jainam Ferro Alloys (I) ranks #139 out of 632 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jainam Ferro Alloys (I) has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jainam Ferro Alloys (I)'s ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Jainam Ferro Alloys (I) ranks #139 out of 632 companies for ROC (Joel Greenblatt) %. This places Jainam Ferro Alloys (I) in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.26. Jainam Ferro Alloys (I)'s value of 6.46% is 11% below this benchmark. Historically, Jainam Ferro Alloys (I)'s own ROC (Joel Greenblatt) % has ranged from 15.14 to 252.26 over the past decade. While the company's 10-year median is 43.47 vs. the industry median of 7.26, Jainam Ferro Alloys (I) has consistently been below 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.26, based on 632 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. Jainam Ferro Alloys (I)'s current ROC (Joel Greenblatt) % of 6.46% is 11% below 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 Jainam Ferro Alloys (I) and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jainam Ferro Alloys (I)'s current ROC (Joel Greenblatt) % is 6.46%, which is 85% below median its own 10-year median of 43.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jainam Ferro Alloys (I) stock overvalued right now?
Based on GuruFocus' analysis, Jainam Ferro Alloys (I) (NSE:JAINAM) is currently considered Fairly Valued. The stock's GF Value™ is ₹242.73, compared to a current price of ₹228.50 — trading 5.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.46%, which is 85% below median its 10-year median of 43.47 and 11% below the Steel industry median of 7.26. Jainam Ferro Alloys (I)'s overall GF Score™ is 86/100 with 5 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 Jainam Ferro Alloys (I) (NSE:JAINAM), the current ROC (Joel Greenblatt) % is 6.46% 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 Jainam Ferro Alloys (I) (NSE:JAINAM) Overvalued in 2026?
Based on GuruFocus' analysis, Jainam Ferro Alloys (I) stock appears to be undervalued.
The current stock price of ₹228.50 is trading 5.9% below its estimated GF Value™ of ₹242.73.
GuruFocus considers Jainam Ferro Alloys (I) to be Fairly Valued.
Key valuation signals for NSE:JAINAM:
ROC (Joel Greenblatt) %: 6.46% (85% below median its 10-year median of 43.47)
GF Value™: ₹242.73 vs. price of ₹228.50 (5.9% below fair value)
Industry Position: 11% below the Steel median (#139 of 632)
No single metric tells the full story. See the NSE:JAINAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.
86GF Score
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