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KEC InternationalNSE:KEC -0.55%78 ROC (Joel Greenblatt) % is 108.36% as of Mar. 2026, which is 21% above its 10-year median of 89.20. GuruFocus rates NSE:KEC with a GF Score™ of 78/100 and a GF Value™ of ₹866.62 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,783 Construction companies, KEC International ranks better than 87.61% 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. KEC International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 108.36%.
The historical rank and industry rank for KEC International's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:KEC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 30.46 Med: 89.2 Max: 116.47
Current: 96.92
During the past 13 years, KEC International's highest ROC (Joel Greenblatt) % was 116.47%. The lowest was 30.46%. And the median was 89.20%.
NSE:KEC's ROC (Joel Greenblatt) % is ranked better than 87.61% of 1783
companies
in the Construction industry
Industry Median: 19.61
vs NSE:KEC: 96.92
KEC International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.30% per year.
KEC International (NSE:KEC) 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.
KEC International ROC (Joel Greenblatt) % Related Terms
KEC International ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for KEC International'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:KEC vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, KEC International'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.
KEC International ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, KEC International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KEC International's ROC (Joel Greenblatt) % falls into.
KEC International 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 (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 108.36% mean?
KEC International (NSE:KEC) has a ROC (Joel Greenblatt) % of 108.36% 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 KEC International and its competitors. This is 21% above median its historical median of 89.20. Over the past decade, KEC International's ROC (Joel Greenblatt) % has ranged from 30.46 to 116.47. According to the industry distribution chart, KEC International ranks #221 out of 1783 companies in the Construction industry, placing it in the top 12.4%.
Is KEC International's ROC (Joel Greenblatt) % too high?
KEC International's current ROC (Joel Greenblatt) % of 108.36% is 21% above median its 10-year median of 89.20. Over the past 10 years, this metric has ranged from a low of 30.46 to a high of 116.47. The Construction industry median ROC (Joel Greenblatt) % is 19.61. KEC International's value of 108.36% is 452.6% above this industry median. Based on the distribution chart, KEC International ranks #221 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, KEC International has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KEC International's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, KEC International ranks #221 out of 1783 companies for ROC (Joel Greenblatt) %. This places KEC International in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.61. KEC International's value of 108.36% is 452.6% above this benchmark. Historically, KEC International's own ROC (Joel Greenblatt) % has ranged from 30.46 to 116.47 over the past decade. While the company's 10-year median is 89.20 vs. the industry median of 19.61, KEC International 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.61, based on 1,783 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. KEC International's current ROC (Joel Greenblatt) % of 108.36% is 452.6% 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 KEC International and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KEC International's current ROC (Joel Greenblatt) % is 108.36%, which is 21% above median its own 10-year median of 89.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEC International stock overvalued right now?
Based on GuruFocus' analysis, KEC International (NSE:KEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹866.62, compared to a current price of ₹495.40 — trading 42.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 108.36%, which is 21% above median its 10-year median of 89.20 and 452.6% above the Construction industry median of 19.61. KEC International's overall GF Score™ is 78/100 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 KEC International (NSE:KEC), the current ROC (Joel Greenblatt) % is 108.36% 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 KEC International (NSE:KEC) Overvalued in 2026?
Based on GuruFocus' analysis, KEC International stock appears to be undervalued.
The current stock price of ₹495.40 is trading 42.8% below its estimated GF Value™ of ₹866.62.
GuruFocus considers KEC International to be Possible Value Trap.
Key valuation signals for NSE:KEC:
ROC (Joel Greenblatt) %: 108.36% (21% above median its 10-year median of 89.20)
GF Value™: ₹866.62 vs. price of ₹495.40 (42.8% below fair value)
Industry Position: 452.6% above the Construction median (#221 of 1783)
No single metric tells the full story. See the NSE:KEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KEC International Ltd is an infrastructure engineering, procurement, and construction company. It has a presence in power transmission and distribution, cable manufacturing, railway construction, water resource management, and renewable energy sectors. The company's business segments include EPC and Others. The company generates the majority of its revenue from the EPC segment. Geographically the company generates revenue from India, UAE, Brazil, Mexico & USA, and Others.
78GF 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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