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Kalyani ForgeNSE:KALYANIFRG -5.00%56 ROC (Joel Greenblatt) % is 15.40% as of Jun. 2026, which is 110% above its 10-year median of 7.34. GuruFocus rates NSE:KALYANIFRG with a GF Score™ of 56/100 and a GF Value™ of ₹586.30 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Kalyani Forge ranks better than 53.98% 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. Kalyani Forge's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.40%.
The historical rank and industry rank for Kalyani Forge's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:KALYANIFRG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.9 Med: 7.34 Max: 13.95
Current: 13.95
During the past 13 years, Kalyani Forge's highest ROC (Joel Greenblatt) % was 13.95%. The lowest was -2.90%. And the median was 7.34%.
NSE:KALYANIFRG's ROC (Joel Greenblatt) % is ranked better than 53.98% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.205
vs NSE:KALYANIFRG: 13.95
Kalyani Forge's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 76.10% 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.
Kalyani Forge ROC (Joel Greenblatt) % Related Terms
Kalyani Forge ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kalyani Forge'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:KALYANIFRG vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Kalyani Forge'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.
Kalyani Forge ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kalyani Forge's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kalyani Forge'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 (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 15.40% mean?
Kalyani Forge (NSE:KALYANIFRG) has a ROC (Joel Greenblatt) % of 15.40% 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 Kalyani Forge and its competitors. This is 110% above median its historical median of 7.34. According to the industry distribution chart, Kalyani Forge ranks #613 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 46%.
Is Kalyani Forge's ROC (Joel Greenblatt) % too high?
Kalyani Forge's current ROC (Joel Greenblatt) % of 15.40% is 110% above median its 10-year median of 7.34. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.21. Kalyani Forge's value of 15.40% is 26.2% above this industry median. Based on the distribution chart, Kalyani Forge ranks #613 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Kalyani Forge has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalyani Forge's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kalyani Forge ranks #613 out of 1332 companies for ROC (Joel Greenblatt) %. This puts Kalyani Forge in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.21. Kalyani Forge's value of 15.40% is 26.2% above this benchmark. While the company's 10-year median is 7.34 vs. the industry median of 12.21, Kalyani Forge 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.21, based on 1,332 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. Kalyani Forge's current ROC (Joel Greenblatt) % of 15.40% is 26.2% 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 Kalyani Forge and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalyani Forge's current ROC (Joel Greenblatt) % is 15.40%, which is 110% above median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani Forge stock overvalued right now?
Based on GuruFocus' analysis, Kalyani Forge (NSE:KALYANIFRG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹586.30, compared to a current price of ₹1,027.00 — trading 75.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.40%, which is 110% above median its 10-year median of 7.34 and 26.2% above the Vehicles & Parts industry median of 12.21. Kalyani Forge's overall GF Score™ is 56/100 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 Kalyani Forge (NSE:KALYANIFRG), the current ROC (Joel Greenblatt) % is 15.40% 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 Kalyani Forge (NSE:KALYANIFRG) Overvalued in 2026?
Based on GuruFocus' analysis, Kalyani Forge stock appears to be overvalued.
The current stock price of ₹1,027.00 is trading 75.2% above its estimated GF Value™ of ₹586.30.
GuruFocus considers Kalyani Forge to be Significantly Overvalued.
Key valuation signals for NSE:KALYANIFRG:
ROC (Joel Greenblatt) %: 15.40% (110% above median its 10-year median of 7.34)
GF Value™: ₹586.30 vs. price of ₹1,027.00 (75.2% above fair value)
Industry Position: 26.2% above the Vehicles & Parts median (#613 of 1332)
No single metric tells the full story. See the NSE:KALYANIFRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalyani Forge Ltd is an engineering company. The company is engaged in providing forged, machined components and assembled products. It serves industries such as automotive, construction, mining, infrastructure, power, marine, railways, agriculture and other industries. The company's product includes Engine Parts, Chassis System, Turbocharger, Transmission, Driveline, and Steering and Suspension. It services include Hot Forging, Cold and Warm Forging, Precision Machining and Finishing, Heat Treatment, Die Manufacturing, and others.
56GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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