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QMS Medical Allied ServicesNSE:QMSMEDI +2.08%72 ROC (Joel Greenblatt) % is 14.93% as of Mar. 2026, which is 31% below its 10-year median of 21.75. GuruFocus rates NSE:QMSMEDI with a GF Score™ of 72/100 and a GF Value™ of ₹121.17 (Fairly Valued). The stock has 7 warning signs investors should review. Among 838 Medical Devices & Instruments companies, QMS Medical Allied Services ranks better than 68.38% 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. QMS Medical Allied Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.93%.
The historical rank and industry rank for QMS Medical Allied Services's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:QMSMEDI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.5 Med: 21.75 Max: 55.78
Current: 18.84
During the past 7 years, QMS Medical Allied Services's highest ROC (Joel Greenblatt) % was 55.78%. The lowest was 14.50%. And the median was 21.75%.
NSE:QMSMEDI's ROC (Joel Greenblatt) % is ranked better than 68.38% of 838
companies
in the Medical Devices & Instruments industry
Industry Median: 4.8
vs NSE:QMSMEDI: 18.84
QMS Medical Allied Services (NSE:QMSMEDI) 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.
* 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.
QMS Medical Allied Services ROC (Joel Greenblatt) % Chart
NSE:QMSMEDI vs ISRG, BDX, MDLN: ROC (Joel Greenblatt) % Comparison
For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.
QMS Medical Allied Services ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where QMS Medical Allied Services's ROC (Joel Greenblatt) % falls into.
QMS Medical Allied Services 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 14.93% mean?
QMS Medical Allied Services (NSE:QMSMEDI) has a ROC (Joel Greenblatt) % of 14.93% 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 QMS Medical Allied Services and its competitors. This is 31% below median its historical median of 21.75. Over the past decade, QMS Medical Allied Services' ROC (Joel Greenblatt) % has ranged from 14.50 to 55.78. According to the industry distribution chart, QMS Medical Allied Services ranks #265 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 31.6%.
Is QMS Medical Allied Services' ROC (Joel Greenblatt) % too high?
QMS Medical Allied Services' current ROC (Joel Greenblatt) % of 14.93% is 31% below median its 10-year median of 21.75. Over the past 10 years, this metric has ranged from a low of 14.50 to a high of 55.78. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.80. QMS Medical Allied Services' value of 14.93% is 211% above this industry median. Based on the distribution chart, QMS Medical Allied Services ranks #265 out of 838 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, QMS Medical Allied Services has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QMS Medical Allied Services' ROC (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, QMS Medical Allied Services ranks #265 out of 838 companies for ROC (Joel Greenblatt) %. This puts QMS Medical Allied Services in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 4.80. QMS Medical Allied Services' value of 14.93% is 211% above this benchmark. Historically, QMS Medical Allied Services' own ROC (Joel Greenblatt) % has ranged from 14.50 to 55.78 over the past decade. While the company's 10-year median is 21.75 vs. the industry median of 4.80, QMS Medical Allied Services 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. QMS Medical Allied Services's current ROC (Joel Greenblatt) % of 14.93% is 211% 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 QMS Medical Allied Services 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. QMS Medical Allied Services's current ROC (Joel Greenblatt) % is 14.93%, which is 31% below median its own 10-year median of 21.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QMS Medical Allied Services stock overvalued right now?
Based on GuruFocus' analysis, QMS Medical Allied Services (NSE:QMSMEDI) is currently considered Fairly Valued. The stock's GF Value™ is ₹121.17, compared to a current price of ₹129.61 — trading 7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.93%, which is 31% below median its 10-year median of 21.75 and 211% above the Medical Devices & Instruments industry median of 4.80. QMS Medical Allied Services' overall GF Score™ is 72/100 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 QMS Medical Allied Services (NSE:QMSMEDI), the current ROC (Joel Greenblatt) % is 14.93% 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 QMS Medical Allied Services (NSE:QMSMEDI) Overvalued in 2026?
Based on GuruFocus' analysis, QMS Medical Allied Services stock appears to be overvalued.
The current stock price of ₹129.61 is trading 7% above its estimated GF Value™ of ₹121.17.
GuruFocus considers QMS Medical Allied Services to be Fairly Valued.
Key valuation signals for NSE:QMSMEDI:
ROC (Joel Greenblatt) %: 14.93% (31% below median its 10-year median of 21.75)
GF Value™: ₹121.17 vs. price of ₹129.61 (7% above fair value)
Industry Position: 211% above the Medical Devices & Instruments median (#265 of 838)
No single metric tells the full story. See the NSE:QMSMEDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.
72GF Score
Get the complete analysis for NSE:QMSMEDI
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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