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Northern Arc CapitalNSE:NORTHARC -1.86%35 ROC (Joel Greenblatt) % is 2,777.58% as of Mar. 2026, which is 24% above its 10-year median of 2,237.60. GuruFocus rates NSE:NORTHARC with a GF Score™ of 35/100. The stock has 7 warning signs investors should review. Among 414 Credit Services companies, Northern Arc Capital ranks better than 94.44% 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. Northern Arc Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2,777.58%.
The historical rank and industry rank for Northern Arc Capital's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:NORTHARC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 928.45 Med: 2237.6 Max: 2421.57
Current: 2159.44
During the past 6 years, Northern Arc Capital's highest ROC (Joel Greenblatt) % was 2421.57%. The lowest was 928.45%. And the median was 2237.60%.
NSE:NORTHARC's ROC (Joel Greenblatt) % is ranked better than 94.44% of 414
companies
in the Credit Services industry
Industry Median: 38.59
vs NSE:NORTHARC: 2159.44
Northern Arc Capital's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.90% per year.
Northern Arc Capital (NSE:NORTHARC) 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.
Northern Arc Capital ROC (Joel Greenblatt) % Related Terms
Northern Arc Capital ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Northern Arc Capital'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.
Northern Arc Capital ROC (Joel Greenblatt) % Chart
NSE:NORTHARC vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, Northern Arc Capital'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.
Northern Arc Capital ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Northern Arc Capital's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Northern Arc Capital's ROC (Joel Greenblatt) % falls into.
Northern Arc Capital 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 2,777.58% mean?
Northern Arc Capital (NSE:NORTHARC) has a ROC (Joel Greenblatt) % of 2,777.58% 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 Northern Arc Capital and its competitors. This is 24% above median its historical median of 2,237.60. Over the past decade, Northern Arc Capital's ROC (Joel Greenblatt) % has ranged from 928.45 to 2,421.57. According to the industry distribution chart, Northern Arc Capital ranks #23 out of 414 companies in the Credit Services industry, placing it in the top 5.6%.
Is Northern Arc Capital's ROC (Joel Greenblatt) % too high?
Northern Arc Capital's current ROC (Joel Greenblatt) % of 2,777.58% is 24% above median its 10-year median of 2,237.60. Over the past 10 years, this metric has ranged from a low of 928.45 to a high of 2,421.57. The Credit Services industry median ROC (Joel Greenblatt) % is 38.59. Northern Arc Capital's value of 2,777.58% is 7097.7% above this industry median. Based on the distribution chart, Northern Arc Capital ranks #23 out of 414 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Arc Capital has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Northern Arc Capital's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Northern Arc Capital ranks #23 out of 414 companies for ROC (Joel Greenblatt) %. This places Northern Arc Capital in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 38.59. Northern Arc Capital's value of 2,777.58% is 7097.7% above this benchmark. Historically, Northern Arc Capital's own ROC (Joel Greenblatt) % has ranged from 928.45 to 2,421.57 over the past decade. While the company's 10-year median is 2,237.60 vs. the industry median of 38.59, Northern Arc Capital 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.59, based on 414 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. Northern Arc Capital's current ROC (Joel Greenblatt) % of 2,777.58% is 7097.7% 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 Northern Arc Capital and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Arc Capital's current ROC (Joel Greenblatt) % is 2,777.58%, which is 24% above median its own 10-year median of 2,237.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Arc Capital stock overvalued right now?
Northern Arc Capital (NSE:NORTHARC) has a current ROC (Joel Greenblatt) % of 2,777.58%. The current ROC (Joel Greenblatt) % is 2,777.58%, which is 24% above median its 10-year median of 2,237.60 and 7097.7% above the Credit Services industry median of 38.59. Northern Arc Capital's overall GF Score™ is 35/100 with 7 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 Northern Arc Capital (NSE:NORTHARC), the current ROC (Joel Greenblatt) % is 2,777.58% 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.
Northern Arc Capital Ltd is a platform in the financial services sector set up to cater to the credit requirements of households and businesses by providing access to debt finance. It is principally engaged in portfolio management to provide liquidity and develop access to debt-capital markets for institutions, and providing loans for personal, business, education, and mortgage purposes to individuals by setting up microfinance institutions, online debt trading platforms, and alternative investment funds. The group has three reportable segments: Financing activity, which generates maximum revenue; Investment advisory services; and Investment management services. Geographically, it operates only in India.
35GF Score
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