NINtec Systems (NSE:NINSYS) ROC (Joel Greenblatt) %: 250.88% (As of Jun. 2026) — Near Median

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NSE:NINSYS NINtec Systems Ltd NSE:NINSYS
94 GF Score
Price ₹738.95
GF Value ₹869.60
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is NINtec Systems ROC (Joel Greenblatt) %?

NINtec Systems NSE:NINSYS +3.13% 94 ROC (Joel Greenblatt) % is 250.88% as of Jun. 2026, which is 2% above its 10-year median of 246.04. GuruFocus rates NSE:NINSYS with a GF Score™ of 94/100 and a GF Value™ of ₹869.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,821 Software companies, NINtec Systems ranks better than 85.64% 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. NINtec Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 250.88%.

The historical rank and industry rank for NINtec Systems's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:NINSYS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 66.15   Med: 246.04   Max: 582.87
Current: 237.03

During the past 11 years, NINtec Systems's highest ROC (Joel Greenblatt) % was 582.87%. The lowest was 66.15%. And the median was 246.04%.

NSE:NINSYS's ROC (Joel Greenblatt) % is ranked better than
85.64% of 2821 companies
in the Software industry
Industry Median: 20.73 vs NSE:NINSYS: 237.03

NINtec Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.10% per year.


NINtec Systems  (NSE:NINSYS) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


NINtec Systems ROC (Joel Greenblatt) % Related Terms


NINtec Systems ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NINtec 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.

NINtec Systems ROC (Joel Greenblatt) % Chart

NINtec Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 582.87 421.61 303.94 254.51 237.56

NINtec Systems Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 241.24 228.47 229.03 247.96 250.88

NSE:NINSYS vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, NINtec 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.


NINtec Systems ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, NINtec Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where NINtec Systems's ROC (Joel Greenblatt) % falls into.


NSE:NINSYS
94GF Score
NINtec Systems Ltd NSE:NINSYS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NINtec 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(491.424 + 0 + 124.923) - (406.231 + 0 + 71.171)
=138.945

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NINtec Systems for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=485.544/( ( (54.588 + max(138.945, 0)) + (0 + max(0, 0)) )/ 1 )
=485.544/( ( 193.533 + 0 )/ 1 )
=485.544/193.533
=250.88 %

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 250.88% mean?
NINtec Systems (NSE:NINSYS) has a ROC (Joel Greenblatt) % of 250.88% 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 NINtec Systems and its competitors. This is near median its historical median of 246.04. Over the past decade, NINtec Systems' ROC (Joel Greenblatt) % has ranged from 66.15 to 582.87. According to the industry distribution chart, NINtec Systems ranks #405 out of 2821 companies in the Software industry, placing it in the top 14.4%.
Is NINtec Systems' ROC (Joel Greenblatt) % too high?
NINtec Systems' current ROC (Joel Greenblatt) % of 250.88% is near median its 10-year median of 246.04. Over the past 10 years, this metric has ranged from a low of 66.15 to a high of 582.87. The Software industry median ROC (Joel Greenblatt) % is 20.73. NINtec Systems' value of 250.88% is 1110.2% above this industry median. Based on the distribution chart, NINtec Systems ranks #405 out of 2821 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NINtec Systems has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NINtec Systems' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, NINtec Systems ranks #405 out of 2821 companies for ROC (Joel Greenblatt) %. This places NINtec Systems in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.73. NINtec Systems' value of 250.88% is 1110.2% above this benchmark. Historically, NINtec Systems' own ROC (Joel Greenblatt) % has ranged from 66.15 to 582.87 over the past decade. While the company's 10-year median is 246.04 vs. the industry median of 20.73, NINtec 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 a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.73, based on 2,821 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. NINtec Systems's current ROC (Joel Greenblatt) % of 250.88% is 1110.2% 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 NINtec Systems and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NINtec Systems's current ROC (Joel Greenblatt) % is 250.88%, which is near median its own 10-year median of 246.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NINtec Systems stock overvalued right now?
Based on GuruFocus' analysis, NINtec Systems (NSE:NINSYS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹869.60, compared to a current price of ₹738.95 — trading 15% below its estimated fair value. The current ROC (Joel Greenblatt) % is 250.88%, which is near median its 10-year median of 246.04 and 1110.2% above the Software industry median of 20.73. NINtec Systems' overall GF Score™ is 94/100 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 NINtec Systems (NSE:NINSYS), the current ROC (Joel Greenblatt) % is 250.88% 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 NINtec Systems (NSE:NINSYS) Overvalued in 2026?

Based on GuruFocus' analysis, NINtec Systems stock appears to be undervalued. The current stock price of ₹738.95 is trading 15% below its estimated GF Value™ of ₹869.60. GuruFocus considers NINtec Systems to be Modestly Undervalued.

Key valuation signals for NSE:NINSYS:

  • ROC (Joel Greenblatt) %: 250.88% (near median its 10-year median of 246.04)
  • GF Value™: ₹869.60 vs. price of ₹738.95 (15% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 1110.2% above the Software median (#405 of 2821)

No single metric tells the full story. See the NSE:NINSYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NINtec Systems Business Description

Other Exchanges 539843:India
Address S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd provides comprehensive software services and solutions, including business analytics, cloud services, application engineering, testing services, and artificial intelligence and machine learning. The company specializes in offshore software product development, application development and maintenance, software migration, multimedia and web design, digitization of engineering drawings, and search engine optimization. Serving diverse industries such as Healthcare & Lifesciences, Manufacturing, Automotive, Print Media & Publishing, BFSI, and Transportation & Logistics, NSL delivers strategic offshore outsourcing advantages to international customers by enhancing efficiency, reducing costs, and accelerating innovation.
94GF Score

Get the complete analysis for NSE:NINSYS

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹738.95
Price
₹869.60
GF Value