Pavna Industries (NSE:PAVNAIND) ROC (Joel Greenblatt) %: 7.06% (As of Mar. 2026) — 52% Below Median

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NSE:PAVNAIND Pavna Industries Ltd NSE:PAVNAIND
57 GF Score
Price ₹18.15
GF Value ₹32.50
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Pavna Industries ROC (Joel Greenblatt) %?

Pavna Industries NSE:PAVNAIND -4.07% 57 ROC (Joel Greenblatt) % is 7.06% as of Mar. 2026, which is 52% below its 10-year median of 14.64. GuruFocus rates NSE:PAVNAIND with a GF Score™ of 57/100 and a GF Value™ of ₹32.50 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Pavna Industries ranks worse than 69.79% 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. Pavna Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.06%.

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

NSE:PAVNAIND' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.56   Med: 14.64   Max: 37.1
Current: 5.56

During the past 9 years, Pavna Industries's highest ROC (Joel Greenblatt) % was 37.10%. The lowest was 5.56%. And the median was 14.64%.

NSE:PAVNAIND's ROC (Joel Greenblatt) % is ranked worse than
69.79% of 1334 companies
in the Vehicles & Parts industry
Industry Median: 12.195 vs NSE:PAVNAIND: 5.56

Pavna Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.20% per year.


Pavna Industries  (NSE:PAVNAIND) 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.


Pavna Industries ROC (Joel Greenblatt) % Related Terms


Pavna Industries ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pavna Industries'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.

Pavna Industries ROC (Joel Greenblatt) % Chart

Pavna Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 14.64 11.78 13.00 10.04 5.60

Pavna Industries Quarterly Data
Mar20 Sep20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.36 -1.30 6.60 8.99 7.06

NSE:PAVNAIND vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Pavna Industries'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.


Pavna Industries ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pavna Industries's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:PAVNAIND
57GF Score
Pavna Industries Ltd NSE:PAVNAIND
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pavna Industries 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(447.211 + 1231.155 + 211.214) - (300.103 + 0 + 77.1)
=1512.377

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pavna Industries 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=195.076/( ( (0 + max(0, 0)) + (1250.292 + max(1512.377, 0)) )/ 1 )
=195.076/( ( 0 + 2762.669 )/ 1 )
=195.076/2762.669
=7.06 %

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 7.06% mean?
Pavna Industries (NSE:PAVNAIND) has a ROC (Joel Greenblatt) % of 7.06% 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 Pavna Industries and its competitors. This is 52% below median its historical median of 14.64. Over the past decade, Pavna Industries' ROC (Joel Greenblatt) % has ranged from 5.56 to 37.10. According to the industry distribution chart, Pavna Industries ranks #931 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 69.8%.
Is Pavna Industries' ROC (Joel Greenblatt) % too high?
Pavna Industries' current ROC (Joel Greenblatt) % of 7.06% is 52% below median its 10-year median of 14.64. Over the past 10 years, this metric has ranged from a low of 5.56 to a high of 37.10. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.20. Pavna Industries' value of 7.06% is 42.1% below this industry median. Based on the distribution chart, Pavna Industries ranks #931 out of 1334 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Pavna Industries has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pavna Industries' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Pavna Industries ranks #931 out of 1334 companies for ROC (Joel Greenblatt) %. This places Pavna Industries in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.20. Pavna Industries' value of 7.06% is 42.1% below this benchmark. Historically, Pavna Industries' own ROC (Joel Greenblatt) % has ranged from 5.56 to 37.10 over the past decade. While the company's 10-year median is 14.64 vs. the industry median of 12.20, Pavna Industries has consistently been below 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.20, based on 1,334 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. Pavna Industries's current ROC (Joel Greenblatt) % of 7.06% is 42.1% below 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 Pavna Industries and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pavna Industries's current ROC (Joel Greenblatt) % is 7.06%, which is 52% below median its own 10-year median of 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pavna Industries stock overvalued right now?
Based on GuruFocus' analysis, Pavna Industries (NSE:PAVNAIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹32.50, compared to a current price of ₹18.15 — trading 44.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.06%, which is 52% below median its 10-year median of 14.64 and 42.1% below the Vehicles & Parts industry median of 12.20. Pavna Industries' overall GF Score™ is 57/100 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 Pavna Industries (NSE:PAVNAIND), the current ROC (Joel Greenblatt) % is 7.06% 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 Pavna Industries (NSE:PAVNAIND) Overvalued in 2026?

Based on GuruFocus' analysis, Pavna Industries stock appears to be undervalued. The current stock price of ₹18.15 is trading 44.2% below its estimated GF Value™ of ₹32.50. GuruFocus considers Pavna Industries to be Possible Value Trap.

Key valuation signals for NSE:PAVNAIND:

  • ROC (Joel Greenblatt) %: 7.06% (52% below median its 10-year median of 14.64)
  • GF Value™: ₹32.50 vs. price of ₹18.15 (44.2% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 42.1% below the Vehicles & Parts median (#931 of 1334)

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


Pavna Industries Business Description

Other Exchanges 543915:India
Address Vimlanchal, Hari Nagar, Gopalpuri, Aligarh, UP, IND, 202001
Pavna Industries Ltd is engaged in the manufacturing of a wide range of automotive components for reputed Original Equipment Manufacturers (OEMs) and catering to various vehicle segments, including passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles, off-road vehicles, and Electric Vehicles. The company products include fuel tank caps, fuel cocks & Pumps, Casting & engine components, switches, handles, etc. The Company derives the majority of its revenues from the activities related to the manufacturing of Locks, Auto Locks, and Auto Parts in India.
57GF Score

Get the complete analysis for NSE:PAVNAIND

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

₹18.15
Price
₹32.50
GF Value