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NIIT Learning SystemsNSE:NIITMTS -1.71%39 ROC (Joel Greenblatt) % is 527.21% as of Mar. 2026, which is 5% above its 10-year median of 502.50. GuruFocus rates NSE:NIITMTS with a GF Score™ of 39/100 and a GF Value™ of ₹537.58 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 263 Education companies, NIIT Learning Systems ranks better than 96.96% 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. NIIT Learning Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 527.21%.
The historical rank and industry rank for NIIT Learning Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:NIITMTS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 484.78 Med: 502.5 Max: 521.46
Current: 517.51
During the past 4 years, NIIT Learning Systems's highest ROC (Joel Greenblatt) % was 521.46%. The lowest was 484.78%. And the median was 502.50%.
NSE:NIITMTS's ROC (Joel Greenblatt) % is ranked better than 96.96% of 263
companies
in the Education industry
Industry Median: 18.42
vs NSE:NIITMTS: 517.51
NIIT Learning Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
NIIT Learning Systems (NSE:NIITMTS) 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.
NIIT Learning Systems ROC (Joel Greenblatt) % Related Terms
NIIT Learning Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for NIIT Learning Systems'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.
NIIT Learning Systems ROC (Joel Greenblatt) % Chart
NSE:NIITMTS vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, NIIT Learning Systems'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.
NIIT Learning Systems ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, NIIT Learning Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NIIT Learning Systems's ROC (Joel Greenblatt) % falls into.
NIIT Learning Systems 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:
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 527.21% mean?
NIIT Learning Systems (NSE:NIITMTS) has a ROC (Joel Greenblatt) % of 527.21% 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 NIIT Learning Systems and its competitors. This is near median its historical median of 502.50. Over the past decade, NIIT Learning Systems' ROC (Joel Greenblatt) % has ranged from 484.78 to 521.46. According to the industry distribution chart, NIIT Learning Systems ranks #8 out of 263 companies in the Education industry, placing it in the top 3%.
Is NIIT Learning Systems' ROC (Joel Greenblatt) % too high?
NIIT Learning Systems' current ROC (Joel Greenblatt) % of 527.21% is near median its 10-year median of 502.50. Over the past 10 years, this metric has ranged from a low of 484.78 to a high of 521.46. The Education industry median ROC (Joel Greenblatt) % is 18.42. NIIT Learning Systems' value of 527.21% is 2762.2% above this industry median. Based on the distribution chart, NIIT Learning Systems ranks #8 out of 263 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, NIIT Learning Systems has a GF Score™ of 39/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIIT Learning Systems' ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, NIIT Learning Systems ranks #8 out of 263 companies for ROC (Joel Greenblatt) %. This places NIIT Learning Systems in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 18.42. NIIT Learning Systems' value of 527.21% is 2762.2% above this benchmark. Historically, NIIT Learning Systems' own ROC (Joel Greenblatt) % has ranged from 484.78 to 521.46 over the past decade. While the company's 10-year median is 502.50 vs. the industry median of 18.42, NIIT Learning Systems 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 Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.42, based on 263 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. NIIT Learning Systems's current ROC (Joel Greenblatt) % of 527.21% is 2762.2% 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 NIIT Learning Systems and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIIT Learning Systems's current ROC (Joel Greenblatt) % is 527.21%, which is near median its own 10-year median of 502.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIIT Learning Systems stock overvalued right now?
Based on GuruFocus' analysis, NIIT Learning Systems (NSE:NIITMTS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹537.58, compared to a current price of ₹234.98 — trading 56.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 527.21%, which is near median its 10-year median of 502.50 and 2762.2% above the Education industry median of 18.42. NIIT Learning Systems' overall GF Score™ is 39/100 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 NIIT Learning Systems (NSE:NIITMTS), the current ROC (Joel Greenblatt) % is 527.21% 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.
Is NIIT Learning Systems (NSE:NIITMTS) Overvalued in 2026?
Based on GuruFocus' analysis, NIIT Learning Systems stock appears to be undervalued.
The current stock price of ₹234.98 is trading 56.3% below its estimated GF Value™ of ₹537.58.
GuruFocus considers NIIT Learning Systems to be Significantly Undervalued.
Key valuation signals for NSE:NIITMTS:
ROC (Joel Greenblatt) %: 527.21% (near median its 10-year median of 502.50)
GF Value™: ₹537.58 vs. price of ₹234.98 (56.3% below fair value)
Industry Position: 2762.2% above the Education median (#8 of 263)
No single metric tells the full story. See the NSE:NIITMTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIIT Learning Systems Ltd is engaged in providing managed training solutions which predominantly include technology-based solutions for learning and education management to improve efficiency and effectiveness to customers in the education sector in India and international markets. The company also offers a comprehensive suite of solutions including content, learning delivery, assessment, and technology for students and teachers, as well as solutions for institution administration and management. Geographically, the company derives a majority of its revenue from America, and the rest from Europe, India, and the rest of the world.
39GF Score
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