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Lagnam SpintexNSE:LAGNAM -0.50%87 ROC (Joel Greenblatt) % is 13.02% as of Jun. 2026, which is 45% above its 10-year median of 9.00. GuruFocus rates NSE:LAGNAM with a GF Score™ of 87/100 and a GF Value™ of ₹128.62 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Lagnam Spintex ranks better than 55.21% 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. Lagnam Spintex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 13.02%.
The historical rank and industry rank for Lagnam Spintex's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:LAGNAM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.7 Med: 9 Max: 21.2
Current: 10.93
During the past 13 years, Lagnam Spintex's highest ROC (Joel Greenblatt) % was 21.20%. The lowest was 4.70%. And the median was 9.00%.
NSE:LAGNAM's ROC (Joel Greenblatt) % is ranked better than 55.21% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.13
vs NSE:LAGNAM: 10.93
Lagnam Spintex's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.00% 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.
Lagnam Spintex ROC (Joel Greenblatt) % Related Terms
Lagnam Spintex ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Lagnam Spintex'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.
For the Textile Manufacturing subindustry, Lagnam Spintex'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.
Lagnam Spintex ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lagnam Spintex's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lagnam Spintex'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 13.02% mean?
Lagnam Spintex (NSE:LAGNAM) has a ROC (Joel Greenblatt) % of 13.02% 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 Lagnam Spintex and its competitors. This is 45% above median its historical median of 9.00. Over the past decade, Lagnam Spintex's ROC (Joel Greenblatt) % has ranged from 4.70 to 21.20. According to the industry distribution chart, Lagnam Spintex ranks #477 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.8%.
Is Lagnam Spintex's ROC (Joel Greenblatt) % too high?
Lagnam Spintex's current ROC (Joel Greenblatt) % of 13.02% is 45% above median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 21.20. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 9.13. Lagnam Spintex's value of 13.02% is 42.6% above this industry median. Based on the distribution chart, Lagnam Spintex ranks #477 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Lagnam Spintex has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lagnam Spintex's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lagnam Spintex ranks #477 out of 1065 companies for ROC (Joel Greenblatt) %. This puts Lagnam Spintex in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.13. Lagnam Spintex's value of 13.02% is 42.6% above this benchmark. Historically, Lagnam Spintex's own ROC (Joel Greenblatt) % has ranged from 4.70 to 21.20 over the past decade. While the company's 10-year median is 9.00 vs. the industry median of 9.13, Lagnam Spintex 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 9.13, based on 1,065 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. Lagnam Spintex's current ROC (Joel Greenblatt) % of 13.02% is 42.6% 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 Lagnam Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 9.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lagnam Spintex's current ROC (Joel Greenblatt) % is 13.02%, which is 45% above median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lagnam Spintex stock overvalued right now?
Based on GuruFocus' analysis, Lagnam Spintex (NSE:LAGNAM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹128.62, compared to a current price of ₹75.55 — trading 41.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.02%, which is 45% above median its 10-year median of 9.00 and 42.6% above the Manufacturing - Apparel & Accessories industry median of 9.13. Lagnam Spintex's overall GF Score™ is 87/100 with 7 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 Lagnam Spintex (NSE:LAGNAM), the current ROC (Joel Greenblatt) % is 13.02% 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 Lagnam Spintex (NSE:LAGNAM) Overvalued in 2026?
Based on GuruFocus' analysis, Lagnam Spintex stock appears to be undervalued.
The current stock price of ₹75.55 is trading 41.3% below its estimated GF Value™ of ₹128.62.
GuruFocus considers Lagnam Spintex to be Significantly Undervalued.
Key valuation signals for NSE:LAGNAM:
ROC (Joel Greenblatt) %: 13.02% (45% above median its 10-year median of 9.00)
GF Value™: ₹128.62 vs. price of ₹75.55 (41.3% below fair value)
Industry Position: 42.6% above the Manufacturing - Apparel & Accessories median (#477 of 1065)
No single metric tells the full story. See the NSE:LAGNAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lagnam Spintex Ltd is an Indian textile company. The company is engaged in the business of manufacturing high-quality yarn for the domestic and export markets. The company's operation is predominantly related to textiles. Hence primary reportable segment is textile only. Its yarn products are used in Denim, Terry Towels, Bottom Wears, Home Textiles, and Industrial Fabrics. It exports cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh, and others.
87GF Score
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