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Prakash SteelageNSE:PRAKASHSTL 73 ROC (Joel Greenblatt) % is 8.88% as of Mar. 2026, which is 76% below its 10-year median of 36.85. GuruFocus rates NSE:PRAKASHSTL with a GF Score™ of 73/100 and a GF Value™ of ₹7.07 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 632 Steel companies, Prakash Steelage ranks better than 67.09% 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. Prakash Steelage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.88%.
The historical rank and industry rank for Prakash Steelage's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:PRAKASHSTL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -219.62 Med: 36.85 Max: 2109.36
Current: 12.19
During the past 13 years, Prakash Steelage's highest ROC (Joel Greenblatt) % was 2109.36%. The lowest was -219.62%. And the median was 36.85%.
NSE:PRAKASHSTL's ROC (Joel Greenblatt) % is ranked better than 67.09% of 632
companies
in the Steel industry
Industry Median: 7.14
vs NSE:PRAKASHSTL: 12.19
Prakash Steelage's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -56.10% 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.
Prakash Steelage ROC (Joel Greenblatt) % Related Terms
Prakash Steelage ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Prakash Steelage'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:PRAKASHSTL vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Prakash Steelage'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.
Prakash Steelage ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Steelage's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Prakash Steelage'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 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 8.88% mean?
Prakash Steelage (NSE:PRAKASHSTL) has a ROC (Joel Greenblatt) % of 8.88% 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 Prakash Steelage and its competitors. This is 76% below median its historical median of 36.85. According to the industry distribution chart, Prakash Steelage ranks #208 out of 632 companies in the Steel industry, placing it in the top 32.9%.
Is Prakash Steelage's ROC (Joel Greenblatt) % too high?
Prakash Steelage's current ROC (Joel Greenblatt) % of 8.88% is 76% below median its 10-year median of 36.85. The Steel industry median ROC (Joel Greenblatt) % is 7.14. Prakash Steelage's value of 8.88% is 24.4% above this industry median. Based on the distribution chart, Prakash Steelage ranks #208 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Prakash Steelage has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Steelage ranks #208 out of 632 companies for ROC (Joel Greenblatt) %. This puts Prakash Steelage in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 7.14. Prakash Steelage's value of 8.88% is 24.4% above this benchmark. While the company's 10-year median is 36.85 vs. the industry median of 7.14, Prakash Steelage 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.14, based on 632 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. Prakash Steelage's current ROC (Joel Greenblatt) % of 8.88% is 24.4% 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 Prakash Steelage and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Steelage's current ROC (Joel Greenblatt) % is 8.88%, which is 76% below median its own 10-year median of 36.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (NSE:PRAKASHSTL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹4.01 — trading 43.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.88%, which is 76% below median its 10-year median of 36.85 and 24.4% above the Steel industry median of 7.14. Prakash Steelage's overall GF Score™ is 73/100 with 1 warning sign 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 Prakash Steelage (NSE:PRAKASHSTL), the current ROC (Joel Greenblatt) % is 8.88% 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 Prakash Steelage (NSE:PRAKASHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued.
The current stock price of ₹4.01 is trading 43.3% below its estimated GF Value™ of ₹7.07.
GuruFocus considers Prakash Steelage to be Significantly Undervalued.
Key valuation signals for NSE:PRAKASHSTL:
ROC (Joel Greenblatt) %: 8.88% (76% below median its 10-year median of 36.85)
GF Value™: ₹7.07 vs. price of ₹4.01 (43.3% below fair value)
Industry Position: 24.4% above the Steel median (#208 of 632)
No single metric tells the full story. See the NSE:PRAKASHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
73GF Score
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