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Matrix Geo SolutionsNSE:MGSL -5.11%22 ROC (Joel Greenblatt) % is 40.75% as of Mar. 2026, which is 7% above its 10-year median of 38.20. GuruFocus rates NSE:MGSL with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, Matrix Geo Solutions ranks better than 82.82% 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. Matrix Geo Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 40.75%.
The historical rank and industry rank for Matrix Geo Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:MGSL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.75 Med: 38.2 Max: 68.82
Current: 43.33
During the past 5 years, Matrix Geo Solutions's highest ROC (Joel Greenblatt) % was 68.82%. The lowest was 26.75%. And the median was 38.20%.
NSE:MGSL's ROC (Joel Greenblatt) % is ranked better than 82.82% of 2491
companies
in the Hardware industry
Industry Median: 11.76
vs NSE:MGSL: 43.33
Matrix Geo Solutions'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.
Matrix Geo Solutions ROC (Joel Greenblatt) % Related Terms
Matrix Geo Solutions ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Matrix Geo Solutions'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:MGSL vs COHR, KEYS, GRMN: ROC (Joel Greenblatt) % Comparison
For the Scientific & Technical Instruments subindustry, Matrix Geo Solutions'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.
Matrix Geo Solutions ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Matrix Geo Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Matrix Geo Solutions'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 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 40.75% mean?
Matrix Geo Solutions (NSE:MGSL) has a ROC (Joel Greenblatt) % of 40.75% 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 Matrix Geo Solutions and its competitors. This is near median its historical median of 38.20. Over the past decade, Matrix Geo Solutions' ROC (Joel Greenblatt) % has ranged from 26.75 to 68.82. According to the industry distribution chart, Matrix Geo Solutions ranks #428 out of 2491 companies in the Hardware industry, placing it in the top 17.2%.
Is Matrix Geo Solutions' ROC (Joel Greenblatt) % too high?
Matrix Geo Solutions' current ROC (Joel Greenblatt) % of 40.75% is near median its 10-year median of 38.20. Over the past 10 years, this metric has ranged from a low of 26.75 to a high of 68.82. The Hardware industry median ROC (Joel Greenblatt) % is 11.76. Matrix Geo Solutions' value of 40.75% is 246.5% above this industry median. Based on the distribution chart, Matrix Geo Solutions ranks #428 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix Geo Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Geo Solutions' ROC (Joel Greenblatt) % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Matrix Geo Solutions ranks #428 out of 2491 companies for ROC (Joel Greenblatt) %. This places Matrix Geo Solutions in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.76. Matrix Geo Solutions' value of 40.75% is 246.5% above this benchmark. Historically, Matrix Geo Solutions' own ROC (Joel Greenblatt) % has ranged from 26.75 to 68.82 over the past decade. While the company's 10-year median is 38.20 vs. the industry median of 11.76, Matrix Geo Solutions 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 11.76, based on 2,491 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. Matrix Geo Solutions's current ROC (Joel Greenblatt) % of 40.75% is 246.5% 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 Matrix Geo Solutions and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Geo Solutions's current ROC (Joel Greenblatt) % is 40.75%, which is near median its own 10-year median of 38.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Geo Solutions stock overvalued right now?
Matrix Geo Solutions (NSE:MGSL) has a current ROC (Joel Greenblatt) % of 40.75%. The current ROC (Joel Greenblatt) % is 40.75%, which is near median its 10-year median of 38.20 and 246.5% above the Hardware industry median of 11.76. Matrix Geo Solutions' overall GF Score™ is 22/100 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 Matrix Geo Solutions (NSE:MGSL), the current ROC (Joel Greenblatt) % is 40.75% 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.
Matrix Geo Solutions Ltd is a Geospatial Technology and Engineering Consultancy, delivering cutting-edge solutions for survey, mapping, and data analysis. It provides geospatial and consulting services with a focus on Drone-as-a-Service (DaaS) and geospatial and remote sensing services. Through Drone as a service, it offers high-resolution drone-based aerial surveys for various applications, including mapping, surveillance, and infrastructure inspection. Services include the creation of detailed orthophotos, 3D models, digital elevation models, and precise topographical maps. In addition to drone services, it offers extensive consultancy in geospatial data analysis, where it utilizes remote sensing technologies like LiDAR, satellite imagery, and drone surveys to provide clients.
22GF Score
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