Ram Ratna WiresNSE:RAMRAT -3.27%91 ROC (Joel Greenblatt) % is 28.84% as of Mar. 2026, which is 44% above its 10-year median of 20.01. GuruFocus rates NSE:RAMRAT with a GF Score™ of 91/100 and a GF Value™ of ₹403.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,060 Industrial Products companies, Ram Ratna Wires ranks better than 72.12% 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. Ram Ratna Wires's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.84%.
The historical rank and industry rank for Ram Ratna Wires's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:RAMRAT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.55 Med: 20.01 Max: 24.7
Current: 24.19
During the past 13 years, Ram Ratna Wires's highest ROC (Joel Greenblatt) % was 24.70%. The lowest was 9.55%. And the median was 20.01%.
NSE:RAMRAT's ROC (Joel Greenblatt) % is ranked better than 72.12% of 3060
companies
in the Industrial Products industry
Industry Median: 11.775
vs NSE:RAMRAT: 24.19
Ram Ratna Wires's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.80% 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.
Ram Ratna Wires ROC (Joel Greenblatt) % Related Terms
Ram Ratna Wires ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Ram Ratna Wires'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:RAMRAT vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Ram Ratna Wires'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.
Ram Ratna Wires ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ram Ratna Wires's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ram Ratna Wires'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 28.84% mean?
Ram Ratna Wires (NSE:RAMRAT) has a ROC (Joel Greenblatt) % of 28.84% 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 Ram Ratna Wires and its competitors. This is 44% above median its historical median of 20.01. Over the past decade, Ram Ratna Wires' ROC (Joel Greenblatt) % has ranged from 9.55 to 24.70. According to the industry distribution chart, Ram Ratna Wires ranks #853 out of 3060 companies in the Industrial Products industry, placing it in the top 27.9%.
Is Ram Ratna Wires' ROC (Joel Greenblatt) % too high?
Ram Ratna Wires' current ROC (Joel Greenblatt) % of 28.84% is 44% above median its 10-year median of 20.01. Over the past 10 years, this metric has ranged from a low of 9.55 to a high of 24.70. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.78. Ram Ratna Wires' value of 28.84% is 144.9% above this industry median. Based on the distribution chart, Ram Ratna Wires ranks #853 out of 3060 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ram Ratna Wires has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ram Ratna Wires' ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ram Ratna Wires ranks #853 out of 3060 companies for ROC (Joel Greenblatt) %. This puts Ram Ratna Wires in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.78. Ram Ratna Wires' value of 28.84% is 144.9% above this benchmark. Historically, Ram Ratna Wires' own ROC (Joel Greenblatt) % has ranged from 9.55 to 24.70 over the past decade. While the company's 10-year median is 20.01 vs. the industry median of 11.78, Ram Ratna Wires 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 11.78, based on 3,060 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. Ram Ratna Wires's current ROC (Joel Greenblatt) % of 28.84% is 144.9% 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 Ram Ratna Wires and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ram Ratna Wires's current ROC (Joel Greenblatt) % is 28.84%, which is 44% above median its own 10-year median of 20.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ram Ratna Wires stock overvalued right now?
Based on GuruFocus' analysis, Ram Ratna Wires (NSE:RAMRAT) is currently considered Fairly Valued. The stock's GF Value™ is ₹403.33, compared to a current price of ₹404.40 — trading 0.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 28.84%, which is 44% above median its 10-year median of 20.01 and 144.9% above the Industrial Products industry median of 11.78. Ram Ratna Wires' overall GF Score™ is 91/100 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 Ram Ratna Wires (NSE:RAMRAT), the current ROC (Joel Greenblatt) % is 28.84% 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 Ram Ratna Wires (NSE:RAMRAT) Overvalued in 2026?
Based on GuruFocus' analysis, Ram Ratna Wires stock appears to be overvalued.
The current stock price of ₹404.40 is trading 0.3% above its estimated GF Value™ of ₹403.33.
GuruFocus considers Ram Ratna Wires to be Fairly Valued.
Key valuation signals for NSE:RAMRAT:
ROC (Joel Greenblatt) %: 28.84% (44% above median its 10-year median of 20.01)
GF Value™: ₹403.33 vs. price of ₹404.40 (0.3% above fair value)
Industry Position: 144.9% above the Industrial Products median (#853 of 3060)
No single metric tells the full story. See the NSE:RAMRAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.
91GF Score
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