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Neptune PetrochemicalsNSE:NEPTUNE +3.88%19 ROC (Joel Greenblatt) % is 41.70% as of Sep. 2025, which is 82% below its 10-year median of 236.64. GuruFocus rates NSE:NEPTUNE with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,004 Oil & Gas companies, Neptune Petrochemicals ranks better than 73.8% 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. Neptune Petrochemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 41.70%.
The historical rank and industry rank for Neptune Petrochemicals's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:NEPTUNE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.85 Med: 236.64 Max: 268.73
Current: 20.85
During the past 3 years, Neptune Petrochemicals's highest ROC (Joel Greenblatt) % was 268.73%. The lowest was 20.85%. And the median was 236.64%.
NSE:NEPTUNE's ROC (Joel Greenblatt) % is ranked better than 73.8% of 1004
companies
in the Oil & Gas industry
Industry Median: 9.305
vs NSE:NEPTUNE: 20.85
Neptune Petrochemicals'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.
Neptune Petrochemicals ROC (Joel Greenblatt) % Related Terms
Neptune Petrochemicals ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Neptune Petrochemicals'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:NEPTUNE vs MPC, VLO, PSX: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Refining & Marketing subindustry, Neptune Petrochemicals'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.
Neptune Petrochemicals ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neptune Petrochemicals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Neptune Petrochemicals'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 (Sep. 2025) 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 41.70% mean?
Neptune Petrochemicals (NSE:NEPTUNE) has a ROC (Joel Greenblatt) % of 41.70% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Neptune Petrochemicals and its competitors. This is 82% below median its historical median of 236.64. Over the past decade, Neptune Petrochemicals' ROC (Joel Greenblatt) % has ranged from 20.85 to 268.73. According to the industry distribution chart, Neptune Petrochemicals ranks #263 out of 1004 companies in the Oil & Gas industry, placing it in the top 26.2%.
Is Neptune Petrochemicals' ROC (Joel Greenblatt) % too high?
Neptune Petrochemicals' current ROC (Joel Greenblatt) % of 41.70% is 82% below median its 10-year median of 236.64. Over the past 10 years, this metric has ranged from a low of 20.85 to a high of 268.73. The Oil & Gas industry median ROC (Joel Greenblatt) % is 9.31. Neptune Petrochemicals' value of 41.70% is 348.1% above this industry median. Based on the distribution chart, Neptune Petrochemicals ranks #263 out of 1004 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Neptune Petrochemicals has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Petrochemicals' ROC (Joel Greenblatt) % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Neptune Petrochemicals ranks #263 out of 1004 companies for ROC (Joel Greenblatt) %. This puts Neptune Petrochemicals in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.31. Neptune Petrochemicals' value of 41.70% is 348.1% above this benchmark. Historically, Neptune Petrochemicals' own ROC (Joel Greenblatt) % has ranged from 20.85 to 268.73 over the past decade. While the company's 10-year median is 236.64 vs. the industry median of 9.31, Neptune Petrochemicals 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 9.31, based on 1,004 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. Neptune Petrochemicals's current ROC (Joel Greenblatt) % of 41.70% is 348.1% 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 Neptune Petrochemicals and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 9.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Petrochemicals's current ROC (Joel Greenblatt) % is 41.70%, which is 82% below median its own 10-year median of 236.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Petrochemicals stock overvalued right now?
Neptune Petrochemicals (NSE:NEPTUNE) has a current ROC (Joel Greenblatt) % of 41.70%. The current ROC (Joel Greenblatt) % is 41.70%, which is 82% below median its 10-year median of 236.64 and 348.1% above the Oil & Gas industry median of 9.31. Neptune Petrochemicals' overall GF Score™ is 19/100 with 1 warning sign 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 Neptune Petrochemicals (NSE:NEPTUNE), the current ROC (Joel Greenblatt) % is 41.70% as of Sep. 2025. 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.
Neptune Petrochemicals Ltd is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. Its product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications and also offer a broad products tailored to the needs of the road construction and infrastructure industries. The company has one segment that is Dealing in Petrolyum Products. Geographically, it operates only in India.
19GF Score
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