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Jaiprakash Power VenturesNSE:JPPOWER -1.15%75 ROC (Joel Greenblatt) % is 12.85% as of Jun. 2026, which is 135% above its 10-year median of 5.46. GuruFocus rates NSE:JPPOWER with a GF Score™ of 75/100 and a GF Value™ of ₹16.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 440 Utilities - Independent Power Producers companies, Jaiprakash Power Ventures ranks better than 55.45% 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. Jaiprakash Power Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.85%.
The historical rank and industry rank for Jaiprakash Power Ventures's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:JPPOWER'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.21 Med: 5.46 Max: 11.23
Current: 7.4
During the past 13 years, Jaiprakash Power Ventures's highest ROC (Joel Greenblatt) % was 11.23%. The lowest was -3.21%. And the median was 5.46%.
NSE:JPPOWER's ROC (Joel Greenblatt) % is ranked better than 55.45% of 440
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.05
vs NSE:JPPOWER: 7.40
Jaiprakash Power Ventures's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.50% per year.
Jaiprakash Power Ventures (NSE:JPPOWER) 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.
Jaiprakash Power Ventures ROC (Joel Greenblatt) % Related Terms
Jaiprakash Power Ventures ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Jaiprakash Power Ventures'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.
Jaiprakash Power Ventures ROC (Joel Greenblatt) % Chart
NSE:JPPOWER vs CEG, VST, NRG: ROC (Joel Greenblatt) % Comparison
For the Utilities - Independent Power Producers subindustry, Jaiprakash Power Ventures'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.
Jaiprakash Power Ventures ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Jaiprakash Power Ventures's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jaiprakash Power Ventures's ROC (Joel Greenblatt) % falls into.
Jaiprakash Power Ventures 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 (Jun. 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 12.85% mean?
Jaiprakash Power Ventures (NSE:JPPOWER) has a ROC (Joel Greenblatt) % of 12.85% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Jaiprakash Power Ventures and its competitors. This is 135% above median its historical median of 5.46. According to the industry distribution chart, Jaiprakash Power Ventures ranks #196 out of 440 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.5%.
Is Jaiprakash Power Ventures' ROC (Joel Greenblatt) % too high?
Jaiprakash Power Ventures' current ROC (Joel Greenblatt) % of 12.85% is 135% above median its 10-year median of 5.46. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.05. Jaiprakash Power Ventures' value of 12.85% is 112.4% above this industry median. Based on the distribution chart, Jaiprakash Power Ventures ranks #196 out of 440 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Jaiprakash Power Ventures has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jaiprakash Power Ventures' ROC (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Jaiprakash Power Ventures ranks #196 out of 440 companies for ROC (Joel Greenblatt) %. This puts Jaiprakash Power Ventures in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 6.05. Jaiprakash Power Ventures' value of 12.85% is 112.4% above this benchmark. While the company's 10-year median is 5.46 vs. the industry median of 6.05, Jaiprakash Power Ventures 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.05, based on 440 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. Jaiprakash Power Ventures's current ROC (Joel Greenblatt) % of 12.85% is 112.4% 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 Jaiprakash Power Ventures and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaiprakash Power Ventures's current ROC (Joel Greenblatt) % is 12.85%, which is 135% above median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaiprakash Power Ventures stock overvalued right now?
Based on GuruFocus' analysis, Jaiprakash Power Ventures (NSE:JPPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹16.56, compared to a current price of ₹16.14 — trading 2.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.85%, which is 135% above median its 10-year median of 5.46 and 112.4% above the Utilities - Independent Power Producers industry median of 6.05. Jaiprakash Power Ventures' overall GF Score™ is 75/100 with 3 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 Jaiprakash Power Ventures (NSE:JPPOWER), the current ROC (Joel Greenblatt) % is 12.85% as of Jun. 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 Jaiprakash Power Ventures (NSE:JPPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Jaiprakash Power Ventures stock appears to be undervalued.
The current stock price of ₹16.14 is trading 2.5% below its estimated GF Value™ of ₹16.56.
GuruFocus considers Jaiprakash Power Ventures to be Fairly Valued.
Key valuation signals for NSE:JPPOWER:
ROC (Joel Greenblatt) %: 12.85% (135% above median its 10-year median of 5.46)
GF Value™: ₹16.56 vs. price of ₹16.14 (2.5% below fair value)
Industry Position: 112.4% above the Utilities - Independent Power Producers median (#196 of 440)
No single metric tells the full story. See the NSE:JPPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jaiprakash Power Ventures Ltd is an Indian power company. The firm plans, develops, implements, and operates power projects in India. In addition, it operates the hydroelectric power plant in the private sector in India. The company is also engaged in the business of cement grinding and captive coal mining operations. Its segments include Power, Sand Mining, Coal, and Others. It generates a majority of its revenue from the Power segment. Geographically the company generates its revenue from India.
75GF Score
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