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Laxmi DentalNSE:LAXMIDENTL +0.54%16 ROC (Joel Greenblatt) % is 39.30% as of Mar. 2026, which is 90% above its 10-year median of 20.72. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 838 Medical Devices & Instruments companies, Laxmi Dental ranks better than 79.71% 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. Laxmi Dental's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.30%.
The historical rank and industry rank for Laxmi Dental's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:LAXMIDENTL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.96 Med: 20.72 Max: 51.38
Current: 30.63
During the past 5 years, Laxmi Dental's highest ROC (Joel Greenblatt) % was 51.38%. The lowest was -19.96%. And the median was 20.72%.
NSE:LAXMIDENTL's ROC (Joel Greenblatt) % is ranked better than 79.71% of 838
companies
in the Medical Devices & Instruments industry
Industry Median: 4.145
vs NSE:LAXMIDENTL: 30.63
Laxmi Dental's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Laxmi Dental ROC (Joel Greenblatt) % Related Terms
Laxmi Dental ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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:LAXMIDENTL vs ISRG, BDX, MDLN: ROC (Joel Greenblatt) % Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Laxmi Dental'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 39.30% mean?
Laxmi Dental (NSE:LAXMIDENTL) has a ROC (Joel Greenblatt) % of 39.30% 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 Laxmi Dental and its competitors. This is 90% above median its historical median of 20.72. According to the industry distribution chart, Laxmi Dental ranks #170 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 20.3%.
Is Laxmi Dental's ROC (Joel Greenblatt) % too high?
Laxmi Dental's current ROC (Joel Greenblatt) % of 39.30% is 90% above median its 10-year median of 20.72. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.15. Laxmi Dental's value of 39.30% is 848.1% above this industry median. Based on the distribution chart, Laxmi Dental ranks #170 out of 838 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's ROC (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #170 out of 838 companies for ROC (Joel Greenblatt) %. This places Laxmi Dental in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.15. Laxmi Dental's value of 39.30% is 848.1% above this benchmark. While the company's 10-year median is 20.72 vs. the industry median of 4.15, Laxmi Dental 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.15, based on 838 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. Laxmi Dental's current ROC (Joel Greenblatt) % of 39.30% is 848.1% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current ROC (Joel Greenblatt) % is 39.30%, which is 90% above median its own 10-year median of 20.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current ROC (Joel Greenblatt) % of 39.30%. The current ROC (Joel Greenblatt) % is 39.30%, which is 90% above median its 10-year median of 20.72 and 848.1% above the Medical Devices & Instruments industry median of 4.15. Laxmi Dental's overall GF Score™ is 16/100 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 Laxmi Dental (NSE:LAXMIDENTL), the current ROC (Joel Greenblatt) % is 39.30% 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score
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