Parth Electricals & Engineering (NSE:PARTH) ROC (Joel Greenblatt) %: 36.97% (As of Mar. 2026) — 25% Below Median

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NSE:PARTH Parth Electricals & Engineering Ltd NSE:PARTH
18 GF Score
Price ₹470.70
! 5 Warning Signs
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What is Parth Electricals & Engineering ROC (Joel Greenblatt) %?

Parth Electricals & Engineering NSE:PARTH -1.60% 18 ROC (Joel Greenblatt) % is 36.97% as of Mar. 2026, which is 25% below its 10-year median of 49.13. GuruFocus rates NSE:PARTH with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 3,066 Industrial Products companies, Parth Electricals & Engineering ranks better than 85.23% 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. Parth Electricals & Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.97%.

The historical rank and industry rank for Parth Electricals & Engineering's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:PARTH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 33.75   Med: 49.13   Max: 64.52
Current: 39.39

During the past 4 years, Parth Electricals & Engineering's highest ROC (Joel Greenblatt) % was 64.52%. The lowest was 33.75%. And the median was 49.13%.

NSE:PARTH's ROC (Joel Greenblatt) % is ranked better than
85.23% of 3066 companies
in the Industrial Products industry
Industry Median: 11.745 vs NSE:PARTH: 39.39

Parth Electricals & Engineering's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Parth Electricals & Engineering  (NSE:PARTH) 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.


Parth Electricals & Engineering ROC (Joel Greenblatt) % Related Terms


Parth Electricals & Engineering ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Parth Electricals & Engineering'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.

Parth Electricals & Engineering ROC (Joel Greenblatt) % Chart

Parth Electricals & Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
33.75 61.48 64.52 36.78

Parth Electricals & Engineering Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 100.11 50.84 46.58 36.97

NSE:PARTH vs VRT, BE: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Parth Electricals & Engineering'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.


Parth Electricals & Engineering ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parth Electricals & Engineering's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Parth Electricals & Engineering's ROC (Joel Greenblatt) % falls into.


NSE:PARTH
18GF Score
Parth Electricals & Engineering Ltd NSE:PARTH
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Parth Electricals & Engineering 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.733 + 224.169 + 113.838) - (188.566 + 0 + 198.762)
=158.412

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(344.942 + 416.017 + 163.544) - (391.674 + 0 + 186.892)
=345.937

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Parth Electricals & Engineering for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=220.26/( ( (285.521 + max(158.412, 0)) + (401.745 + max(345.937, 0)) )/ 2 )
=220.26/( ( 443.933 + 747.682 )/ 2 )
=220.26/595.8075
=36.97 %

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 36.97% mean?
Parth Electricals & Engineering (NSE:PARTH) has a ROC (Joel Greenblatt) % of 36.97% 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 Parth Electricals & Engineering and its competitors. This is 25% below median its historical median of 49.13. Over the past decade, Parth Electricals & Engineering's ROC (Joel Greenblatt) % has ranged from 33.75 to 64.52. According to the industry distribution chart, Parth Electricals & Engineering ranks #453 out of 3066 companies in the Industrial Products industry, placing it in the top 14.8%.
Is Parth Electricals & Engineering's ROC (Joel Greenblatt) % too high?
Parth Electricals & Engineering's current ROC (Joel Greenblatt) % of 36.97% is 25% below median its 10-year median of 49.13. Over the past 10 years, this metric has ranged from a low of 33.75 to a high of 64.52. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. Parth Electricals & Engineering's value of 36.97% is 214.8% above this industry median. Based on the distribution chart, Parth Electricals & Engineering ranks #453 out of 3066 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Parth Electricals & Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Parth Electricals & Engineering's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Parth Electricals & Engineering ranks #453 out of 3066 companies for ROC (Joel Greenblatt) %. This places Parth Electricals & Engineering in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. Parth Electricals & Engineering's value of 36.97% is 214.8% above this benchmark. Historically, Parth Electricals & Engineering's own ROC (Joel Greenblatt) % has ranged from 33.75 to 64.52 over the past decade. While the company's 10-year median is 49.13 vs. the industry median of 11.75, Parth Electricals & Engineering 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.75, based on 3,066 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. Parth Electricals & Engineering's current ROC (Joel Greenblatt) % of 36.97% is 214.8% 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 Parth Electricals & Engineering and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parth Electricals & Engineering's current ROC (Joel Greenblatt) % is 36.97%, which is 25% below median its own 10-year median of 49.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parth Electricals & Engineering stock overvalued right now?
Parth Electricals & Engineering (NSE:PARTH) has a current ROC (Joel Greenblatt) % of 36.97%. The current ROC (Joel Greenblatt) % is 36.97%, which is 25% below median its 10-year median of 49.13 and 214.8% above the Industrial Products industry median of 11.75. Parth Electricals & Engineering's overall GF Score™ is 18/100 with 5 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 Parth Electricals & Engineering (NSE:PARTH), the current ROC (Joel Greenblatt) % is 36.97% 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.

Parth Electricals & Engineering Business Description

Address Ellora Park Main Road, 301, 3rd Floor, Riddhi Siddhi Elanza, Behind Domino's Pizza Outlet, Subhanpura, Vadodara, GJ, IND, 390023
Parth Electricals & Engineering Ltd is a technology-driven company with a focus on quality, design, and product development. It is engaged in the business of manufacturing electric switch gear equipment and, distribution of such products. providing services and undertaking the project work, thus operating in a single business segment.
18GF Score

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

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