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Kirloskar Electric CoNSE:KECL -0.84%71 ROC (Joel Greenblatt) % is 5.65% as of Mar. 2026, which is 7% below its 10-year median of 6.06. GuruFocus rates NSE:KECL with a GF Score™ of 71/100 and a GF Value™ of ₹140.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,066 Industrial Products companies, Kirloskar Electric Co ranks worse than 56.07% 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. Kirloskar Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.65%.
The historical rank and industry rank for Kirloskar Electric Co's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:KECL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.86 Med: 6.06 Max: 27.1
Current: 9.12
During the past 13 years, Kirloskar Electric Co's highest ROC (Joel Greenblatt) % was 27.10%. The lowest was -10.86%. And the median was 6.06%.
NSE:KECL's ROC (Joel Greenblatt) % is ranked worse than 56.07% of 3066
companies
in the Industrial Products industry
Industry Median: 11.745
vs NSE:KECL: 9.12
Kirloskar Electric Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Kirloskar Electric Co (NSE:KECL) 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.
Kirloskar Electric Co ROC (Joel Greenblatt) % Related Terms
Kirloskar Electric Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kirloskar Electric Co'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.
Kirloskar Electric Co ROC (Joel Greenblatt) % Chart
NSE:KECL vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.
Kirloskar Electric Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kirloskar Electric Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kirloskar Electric Co's ROC (Joel Greenblatt) % falls into.
Kirloskar Electric Co 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 5.65% mean?
Kirloskar Electric Co (NSE:KECL) has a ROC (Joel Greenblatt) % of 5.65% 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 Kirloskar Electric Co and its competitors. This is near median its historical median of 6.06. According to the industry distribution chart, Kirloskar Electric Co ranks #1719 out of 3066 companies in the Industrial Products industry, placing it in the top 56.1%.
Is Kirloskar Electric Co's ROC (Joel Greenblatt) % too high?
Kirloskar Electric Co's current ROC (Joel Greenblatt) % of 5.65% is near median its 10-year median of 6.06. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. Kirloskar Electric Co's value of 5.65% is 51.9% below this industry median. Based on the distribution chart, Kirloskar Electric Co ranks #1719 out of 3066 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kirloskar Electric Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Electric Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kirloskar Electric Co ranks #1719 out of 3066 companies for ROC (Joel Greenblatt) %. This places Kirloskar Electric Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. Kirloskar Electric Co's value of 5.65% is 51.9% below this benchmark. While the company's 10-year median is 6.06 vs. the industry median of 11.75, Kirloskar Electric Co 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.75, based on 3,066 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. Kirloskar Electric Co's current ROC (Joel Greenblatt) % of 5.65% is 51.9% 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 Kirloskar Electric Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirloskar Electric Co's current ROC (Joel Greenblatt) % is 5.65%, which is near median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Electric Co (NSE:KECL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹140.09, compared to a current price of ₹124.85 — trading 10.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.65%, which is near median its 10-year median of 6.06 and 51.9% below the Industrial Products industry median of 11.75. Kirloskar Electric Co's overall GF Score™ is 71/100 with 4 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 Kirloskar Electric Co (NSE:KECL), the current ROC (Joel Greenblatt) % is 5.65% 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 Kirloskar Electric Co (NSE:KECL) Overvalued in 2026?
Based on GuruFocus' analysis, Kirloskar Electric Co stock appears to be undervalued.
The current stock price of ₹124.85 is trading 10.9% below its estimated GF Value™ of ₹140.09.
GuruFocus considers Kirloskar Electric Co to be Modestly Undervalued.
Key valuation signals for NSE:KECL:
ROC (Joel Greenblatt) %: 5.65% (near median its 10-year median of 6.06)
GF Value™: ₹140.09 vs. price of ₹124.85 (10.9% below fair value)
Industry Position: 51.9% below the Industrial Products median (#1719 of 3066)
No single metric tells the full story. See the NSE:KECL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like motors, alternators, and generators, switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating reportable segments of the company are: Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from the Rotating machines group segment.
71GF Score
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