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Osel DevicesNSE:OSELDEVICE +2.82%47 ROC (Joel Greenblatt) % is 31.85% as of Mar. 2026, which is 14% below its 10-year median of 36.91. GuruFocus rates NSE:OSELDEVICE with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 838 Medical Devices & Instruments companies, Osel Devices ranks better than 79.95% 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. Osel Devices's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.85%.
The historical rank and industry rank for Osel Devices's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:OSELDEVICE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.3 Med: 36.91 Max: 59.28
Current: 31.54
During the past 6 years, Osel Devices's highest ROC (Joel Greenblatt) % was 59.28%. The lowest was 24.30%. And the median was 36.91%.
NSE:OSELDEVICE's ROC (Joel Greenblatt) % is ranked better than 79.95% of 838
companies
in the Medical Devices & Instruments industry
Industry Median: 4.8
vs NSE:OSELDEVICE: 31.54
Osel Devices's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.20% 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.
Osel Devices ROC (Joel Greenblatt) % Related Terms
Osel Devices ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Osel Devices'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:OSELDEVICE vs ABT, SYK, MDT: ROC (Joel Greenblatt) % Comparison
For the Medical Devices subindustry, Osel Devices'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.
Osel Devices ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Osel Devices's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Osel Devices'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 31.85% mean?
Osel Devices (NSE:OSELDEVICE) has a ROC (Joel Greenblatt) % of 31.85% 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 Osel Devices and its competitors. This is 14% below median its historical median of 36.91. Over the past decade, Osel Devices' ROC (Joel Greenblatt) % has ranged from 24.30 to 59.28. According to the industry distribution chart, Osel Devices ranks #168 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 20%.
Is Osel Devices' ROC (Joel Greenblatt) % too high?
Osel Devices' current ROC (Joel Greenblatt) % of 31.85% is 14% below median its 10-year median of 36.91. Over the past 10 years, this metric has ranged from a low of 24.30 to a high of 59.28. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.80. Osel Devices' value of 31.85% is 563.5% above this industry median. Based on the distribution chart, Osel Devices ranks #168 out of 838 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Osel Devices has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Osel Devices' ROC (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Osel Devices ranks #168 out of 838 companies for ROC (Joel Greenblatt) %. This places Osel Devices in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.80. Osel Devices' value of 31.85% is 563.5% above this benchmark. Historically, Osel Devices' own ROC (Joel Greenblatt) % has ranged from 24.30 to 59.28 over the past decade. While the company's 10-year median is 36.91 vs. the industry median of 4.80, Osel Devices 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.80, based on 838 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. Osel Devices's current ROC (Joel Greenblatt) % of 31.85% is 563.5% 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 Osel Devices and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osel Devices's current ROC (Joel Greenblatt) % is 31.85%, which is 14% below median its own 10-year median of 36.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osel Devices stock overvalued right now?
Osel Devices (NSE:OSELDEVICE) has a current ROC (Joel Greenblatt) % of 31.85%. The current ROC (Joel Greenblatt) % is 31.85%, which is 14% below median its 10-year median of 36.91 and 563.5% above the Medical Devices & Instruments industry median of 4.80. Osel Devices' overall GF Score™ is 47/100 with 6 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 Osel Devices (NSE:OSELDEVICE), the current ROC (Joel Greenblatt) % is 31.85% 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.
Osel Devices Ltd is engaged in the manufacture, trade, retail, wholesale, import, export, warehousing, storage, distribution, assembly, repair, maintenance, integration, operation, testing, installation, and resale of hearing aids and LED display components, parts, and accessories. The company also carries out research and development activities related to all kinds of hearing aids, components, parts, and accessories. it offers variuos products including advanced hearing aids designed to improve auditory experience and LED solutions tailored to various industries, while also distributing Mobile products across India. it generates majority of revenue from hearing aids.
47GF Score
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