Ramky InfrastructureNSE:RAMKY +0.63%78 ROC (Joel Greenblatt) % is 27.71% as of Mar. 2026, which is 74% below its 10-year median of 105.97. GuruFocus rates NSE:RAMKY with a GF Score™ of 78/100 and a GF Value™ of ₹526.00 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,775 Construction companies, Ramky Infrastructure ranks better than 81.41% 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. Ramky Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.71%.
The historical rank and industry rank for Ramky Infrastructure's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:RAMKY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 32.47 Med: 105.97 Max: 519.89
Current: 64.55
During the past 13 years, Ramky Infrastructure's highest ROC (Joel Greenblatt) % was 519.89%. The lowest was 32.47%. And the median was 105.97%.
NSE:RAMKY's ROC (Joel Greenblatt) % is ranked better than 81.41% of 1775
companies
in the Construction industry
Industry Median: 19.38
vs NSE:RAMKY: 64.55
Ramky Infrastructure's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.80% 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.
Ramky Infrastructure ROC (Joel Greenblatt) % Related Terms
Ramky Infrastructure ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ramky Infrastructure'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:RAMKY vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Ramky Infrastructure'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.
Ramky Infrastructure ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Ramky Infrastructure's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ramky Infrastructure'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 27.71% mean?
Ramky Infrastructure (NSE:RAMKY) has a ROC (Joel Greenblatt) % of 27.71% 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 Ramky Infrastructure and its competitors. This is 74% below median its historical median of 105.97. Over the past decade, Ramky Infrastructure's ROC (Joel Greenblatt) % has ranged from 32.47 to 519.89. According to the industry distribution chart, Ramky Infrastructure ranks #330 out of 1775 companies in the Construction industry, placing it in the top 18.6%.
Is Ramky Infrastructure's ROC (Joel Greenblatt) % too high?
Ramky Infrastructure's current ROC (Joel Greenblatt) % of 27.71% is 74% below median its 10-year median of 105.97. Over the past 10 years, this metric has ranged from a low of 32.47 to a high of 519.89. The Construction industry median ROC (Joel Greenblatt) % is 19.38. Ramky Infrastructure's value of 27.71% is 43% above this industry median. Based on the distribution chart, Ramky Infrastructure ranks #330 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ramky Infrastructure has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramky Infrastructure's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Ramky Infrastructure ranks #330 out of 1775 companies for ROC (Joel Greenblatt) %. This places Ramky Infrastructure in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. Ramky Infrastructure's value of 27.71% is 43% above this benchmark. Historically, Ramky Infrastructure's own ROC (Joel Greenblatt) % has ranged from 32.47 to 519.89 over the past decade. While the company's 10-year median is 105.97 vs. the industry median of 19.38, Ramky Infrastructure 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,775 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. Ramky Infrastructure's current ROC (Joel Greenblatt) % of 27.71% is 43% 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 Ramky Infrastructure and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramky Infrastructure's current ROC (Joel Greenblatt) % is 27.71%, which is 74% below median its own 10-year median of 105.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramky Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Ramky Infrastructure (NSE:RAMKY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹526.00, compared to a current price of ₹401.50 — trading 23.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.71%, which is 74% below median its 10-year median of 105.97 and 43% above the Construction industry median of 19.38. Ramky Infrastructure's overall GF Score™ is 78/100 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 Ramky Infrastructure (NSE:RAMKY), the current ROC (Joel Greenblatt) % is 27.71% 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 Ramky Infrastructure (NSE:RAMKY) Overvalued in 2026?
Based on GuruFocus' analysis, Ramky Infrastructure stock appears to be undervalued.
The current stock price of ₹401.50 is trading 23.7% below its estimated GF Value™ of ₹526.00.
GuruFocus considers Ramky Infrastructure to be Modestly Undervalued.
Key valuation signals for NSE:RAMKY:
ROC (Joel Greenblatt) %: 27.71% (74% below median its 10-year median of 105.97)
GF Value™: ₹526.00 vs. price of ₹401.50 (23.7% below fair value)
Industry Position: 43% above the Construction median (#330 of 1775)
No single metric tells the full story. See the NSE:RAMKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramky Infrastructure Ltd is a construction, infrastructure development, and management company. It provides construction and civil engineering services. The company's segment includes the Construction business and Developer business. The Construction business segment, which accounts for the majority of revenue, undertakes various projects such as water and wastewater projects, irrigation projects, industrial construction projects, transportation projects, building construction projects, and power transmission and distribution projects. Its Developer business segment includes industrial parks, transportation, integrated townships, and energy. It operates in India.
78GF Score
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