Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Khadim IndiaNSE:KHADIM -3.70%59 ROC (Joel Greenblatt) % is 8.69% as of Mar. 2026, which is 13% below its 10-year median of 10.02. GuruFocus rates NSE:KHADIM with a GF Score™ of 59/100 and a GF Value™ of ₹192.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Khadim India ranks worse than 52.82% 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. Khadim India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.69%.
The historical rank and industry rank for Khadim India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:KHADIM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.15 Med: 10.02 Max: 25.34
Current: 7.67
During the past 11 years, Khadim India's highest ROC (Joel Greenblatt) % was 25.34%. The lowest was -4.15%. And the median was 10.02%.
NSE:KHADIM's ROC (Joel Greenblatt) % is ranked worse than 52.82% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.62
vs NSE:KHADIM: 7.67
Khadim India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Khadim India (NSE:KHADIM) 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.
Khadim India ROC (Joel Greenblatt) % Related Terms
Khadim India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Khadim India'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:KHADIM vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, Khadim India'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.
Khadim India ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Khadim India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Khadim India'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 8.69% mean?
Khadim India (NSE:KHADIM) has a ROC (Joel Greenblatt) % of 8.69% 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 Khadim India and its competitors. This is 13% below median its historical median of 10.02. According to the industry distribution chart, Khadim India ranks #561 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52.8%.
Is Khadim India's ROC (Joel Greenblatt) % too high?
Khadim India's current ROC (Joel Greenblatt) % of 8.69% is 13% below median its 10-year median of 10.02. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.62. Khadim India's value of 8.69% is 0.8% above this industry median. Based on the distribution chart, Khadim India ranks #561 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Khadim India has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khadim India's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Khadim India ranks #561 out of 1062 companies for ROC (Joel Greenblatt) %. This places Khadim India in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.62. Khadim India's value of 8.69% is 0.8% above this benchmark. While the company's 10-year median is 10.02 vs. the industry median of 8.62, Khadim India 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.62, based on 1,062 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. Khadim India's current ROC (Joel Greenblatt) % of 8.69% is 0.8% 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 Khadim India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khadim India's current ROC (Joel Greenblatt) % is 8.69%, which is 13% below median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khadim India stock overvalued right now?
Based on GuruFocus' analysis, Khadim India (NSE:KHADIM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹192.11, compared to a current price of ₹93.07 — trading 51.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.69%, which is 13% below median its 10-year median of 10.02 and 0.8% above the Manufacturing - Apparel & Accessories industry median of 8.62. Khadim India's overall GF Score™ is 59/100 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 Khadim India (NSE:KHADIM), the current ROC (Joel Greenblatt) % is 8.69% 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 Khadim India (NSE:KHADIM) Overvalued in 2026?
Based on GuruFocus' analysis, Khadim India stock appears to be undervalued.
The current stock price of ₹93.07 is trading 51.6% below its estimated GF Value™ of ₹192.11.
GuruFocus considers Khadim India to be Possible Value Trap.
Key valuation signals for NSE:KHADIM:
ROC (Joel Greenblatt) %: 8.69% (13% below median its 10-year median of 10.02)
GF Value™: ₹192.11 vs. price of ₹93.07 (51.6% below fair value)
Industry Position: 0.8% above the Manufacturing - Apparel & Accessories median (#561 of 1062)
No single metric tells the full story. See the NSE:KHADIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Khadim India Ltd is a wholesaler and retailer of footwear in India. The retail business operates through its retail stores catering to the middle and the upper-middle-income consumers in metros and Tier I - Tier III cities, and the distribution business operates through a network of distributors catering to lower and middle-income consumers in metros and Tier I - Tier III cities. The company generates the majority of revenue from India.
59GF Score
Get the complete analysis for NSE:KHADIM
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:KHADIM has been successfully added to your 
