Konstelec Engineers (NSE:KONSTELEC) ROC (Joel Greenblatt) %: 17.62% (As of Mar. 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:KONSTELEC Konstelec Engineers Ltd NSE:KONSTELEC
35 GF Score
Price ₹64.50
! 6 Warning Signs
View Full Analysis

What is Konstelec Engineers ROC (Joel Greenblatt) %?

Konstelec Engineers NSE:KONSTELEC -4.94% 35 ROC (Joel Greenblatt) % is 17.62% as of Mar. 2026, which is 32% below its 10-year median of 25.75. GuruFocus rates NSE:KONSTELEC with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 1,782 Construction companies, Konstelec Engineers ranks worse than 51.96% 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. Konstelec Engineers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.62%.

The historical rank and industry rank for Konstelec Engineers's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:KONSTELEC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.35   Med: 25.75   Max: 43.78
Current: 18.27

During the past 6 years, Konstelec Engineers's highest ROC (Joel Greenblatt) % was 43.78%. The lowest was 13.35%. And the median was 25.75%.

NSE:KONSTELEC's ROC (Joel Greenblatt) % is ranked worse than
51.96% of 1782 companies
in the Construction industry
Industry Median: 19.6 vs NSE:KONSTELEC: 18.27

Konstelec Engineers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.80% per year.


Konstelec Engineers  (NSE:KONSTELEC) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Konstelec Engineers ROC (Joel Greenblatt) % Related Terms


Konstelec Engineers ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Konstelec Engineers'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.

Konstelec Engineers ROC (Joel Greenblatt) % Chart

Konstelec Engineers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 18.08 36.99 43.78 31.07 20.42

Konstelec Engineers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 55.31 21.25 14.29 16.95 17.62

NSE:KONSTELEC vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Konstelec Engineers'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.


Konstelec Engineers ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Konstelec Engineers's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Konstelec Engineers's ROC (Joel Greenblatt) % falls into.


NSE:KONSTELEC
35GF Score
Konstelec Engineers Ltd NSE:KONSTELEC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Konstelec Engineers 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(579.186 + 0 + 1344.095) - (356.3 + 0 + 384.399)
=1182.582

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(721.155 + 0 + 1356.488) - (352.925 + 0 + 344.913)
=1379.805

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Konstelec Engineers for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=251.012/( ( (143.69 + max(1182.582, 0)) + (143.537 + max(1379.805, 0)) )/ 2 )
=251.012/( ( 1326.272 + 1523.342 )/ 2 )
=251.012/1424.807
=17.62 %

Note: The EBIT data used here is two times the semi-annual (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 17.62% mean?
Konstelec Engineers (NSE:KONSTELEC) has a ROC (Joel Greenblatt) % of 17.62% 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 Konstelec Engineers and its competitors. This is 32% below median its historical median of 25.75. Over the past decade, Konstelec Engineers' ROC (Joel Greenblatt) % has ranged from 13.35 to 43.78. According to the industry distribution chart, Konstelec Engineers ranks #926 out of 1782 companies in the Construction industry, placing it in the top 52%.
Is Konstelec Engineers' ROC (Joel Greenblatt) % too high?
Konstelec Engineers' current ROC (Joel Greenblatt) % of 17.62% is 32% below median its 10-year median of 25.75. Over the past 10 years, this metric has ranged from a low of 13.35 to a high of 43.78. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Konstelec Engineers' value of 17.62% is 10.1% below this industry median. Based on the distribution chart, Konstelec Engineers ranks #926 out of 1782 companies in the Construction industry, which is below the industry midpoint. Overall, Konstelec Engineers has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Konstelec Engineers' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Konstelec Engineers ranks #926 out of 1782 companies for ROC (Joel Greenblatt) %. This places Konstelec Engineers in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.60. Konstelec Engineers' value of 17.62% is 10.1% below this benchmark. Historically, Konstelec Engineers' own ROC (Joel Greenblatt) % has ranged from 13.35 to 43.78 over the past decade. While the company's 10-year median is 25.75 vs. the industry median of 19.60, Konstelec Engineers 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 a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.60, based on 1,782 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. Konstelec Engineers's current ROC (Joel Greenblatt) % of 17.62% is 10.1% 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 Konstelec Engineers and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Konstelec Engineers's current ROC (Joel Greenblatt) % is 17.62%, which is 32% below median its own 10-year median of 25.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Konstelec Engineers stock overvalued right now?
Konstelec Engineers (NSE:KONSTELEC) has a current ROC (Joel Greenblatt) % of 17.62%. The current ROC (Joel Greenblatt) % is 17.62%, which is 32% below median its 10-year median of 25.75 and 10.1% below the Construction industry median of 19.60. Konstelec Engineers' overall GF Score™ is 35/100 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 Konstelec Engineers (NSE:KONSTELEC), the current ROC (Joel Greenblatt) % is 17.62% 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.

Konstelec Engineers Business Description

Address Kirol Road, Ground floor 001-007, A Wing, Skyline Epitome, Near Jolly Gymkhana, Vidyavihar West, Mumbai, MH, IND, 400 086
Konstelec Engineers Ltd is an engineering, procurement, and construction (EPC) company specializing in electrical, instrumentation, and automation systems. It offers end-to-end project management, engineering design, procurement, construction, commissioning, and operations and maintenance services. The company serves various industries including oil and gas, steel, cement, pharmaceuticals, textiles, healthcare, and commercial complexes, with projects in India and internationally. Its revenue is generated from contract-based EPC services, providing integrated solutions across project lifecycles. The company has international footprint in countries like Saudi Arabia and Cameroon.
35GF Score

Get the complete analysis for NSE:KONSTELEC

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹64.50
Price