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Jinkushal IndustriesNSE:JKIPL -2.64%17 ROC (Joel Greenblatt) % is 23.17% as of Mar. 2026, which is 53% below its 10-year median of 48.86. GuruFocus rates NSE:JKIPL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Jinkushal Industries ranks worse than 93.3% 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. Jinkushal Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.17%.
The historical rank and industry rank for Jinkushal Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:JKIPL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29.95 Med: 48.86 Max: 81.19
Current: -29.95
During the past 4 years, Jinkushal Industries's highest ROC (Joel Greenblatt) % was 81.19%. The lowest was -29.95%. And the median was 48.86%.
NSE:JKIPL's ROC (Joel Greenblatt) % is ranked worse than 93.3% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24
vs NSE:JKIPL: -29.95
Jinkushal Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Jinkushal Industries ROC (Joel Greenblatt) % Related Terms
Jinkushal Industries ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Jinkushal Industries'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:JKIPL vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Jinkushal Industries'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.
Jinkushal Industries ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Jinkushal Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jinkushal Industries'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 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 23.17% mean?
Jinkushal Industries (NSE:JKIPL) has a ROC (Joel Greenblatt) % of 23.17% 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 Jinkushal Industries and its competitors. This is 53% below median its historical median of 48.86. According to the industry distribution chart, Jinkushal Industries ranks #195 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 93.3%.
Is Jinkushal Industries' ROC (Joel Greenblatt) % too high?
Jinkushal Industries' current ROC (Joel Greenblatt) % of 23.17% is 53% below median its 10-year median of 48.86. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.24. Jinkushal Industries' value of 23.17% is 75% above this industry median. Based on the distribution chart, Jinkushal Industries ranks #195 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Jinkushal Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Jinkushal Industries' ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Jinkushal Industries ranks #195 out of 209 companies for ROC (Joel Greenblatt) %. This places Jinkushal Industries in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.24. Jinkushal Industries' value of 23.17% is 75% above this benchmark. While the company's 10-year median is 48.86 vs. the industry median of 13.24, Jinkushal Industries 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 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. Jinkushal Industries's current ROC (Joel Greenblatt) % of 23.17% is 75% 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 Jinkushal Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinkushal Industries's current ROC (Joel Greenblatt) % is 23.17%, which is 53% below median its own 10-year median of 48.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinkushal Industries stock overvalued right now?
Jinkushal Industries (NSE:JKIPL) has a current ROC (Joel Greenblatt) % of 23.17%. The current ROC (Joel Greenblatt) % is 23.17%, which is 53% below median its 10-year median of 48.86 and 75% above the Farm & Heavy Construction Machinery industry median of 13.24. Jinkushal Industries' overall GF Score™ is 17/100 with 6 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 Jinkushal Industries (NSE:JKIPL), the current ROC (Joel Greenblatt) % is 23.17% 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.
Jinkushal Industries Ltd is engaged in export trading of new/customized and used/refurbished construction machines in international markets. It operates across three primary business verticals: export trading of customized, modified, and accessorized new construction machines; export trading of used/refurbished construction machines; and export trading of its own brand HexL construction machines to cater to a diverse international customer base. The company specializes in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. It generates the majority of its revenue from outside India.
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