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Rategain Travel TechnologiesNSE:RATEGAIN +2.45%82 ROC (Joel Greenblatt) % is 130.31% as of Mar. 2026, which is 20% above its 10-year median of 108.84. GuruFocus rates NSE:RATEGAIN with a GF Score™ of 82/100 and a GF Value™ of ₹1,504.87 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,819 Software companies, Rategain Travel Technologies ranks better than 81.52% 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. Rategain Travel Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 130.31%.
The historical rank and industry rank for Rategain Travel Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:RATEGAIN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -58.16 Med: 108.84 Max: 857.7
Current: 171.66
During the past 8 years, Rategain Travel Technologies's highest ROC (Joel Greenblatt) % was 857.70%. The lowest was -58.16%. And the median was 108.84%.
NSE:RATEGAIN's ROC (Joel Greenblatt) % is ranked better than 81.52% of 2819
companies
in the Software industry
Industry Median: 19.59
vs NSE:RATEGAIN: 171.66
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.
NSE:RATEGAIN vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Rategain Travel Technologies'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.
Rategain Travel Technologies ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Rategain Travel Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rategain Travel Technologies'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 130.31% mean?
Rategain Travel Technologies (NSE:RATEGAIN) has a ROC (Joel Greenblatt) % of 130.31% 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 Rategain Travel Technologies and its competitors. This is 20% above median its historical median of 108.84. According to the industry distribution chart, Rategain Travel Technologies ranks #521 out of 2819 companies in the Software industry, placing it in the top 18.5%.
Is Rategain Travel Technologies' ROC (Joel Greenblatt) % too high?
Rategain Travel Technologies' current ROC (Joel Greenblatt) % of 130.31% is 20% above median its 10-year median of 108.84. The Software industry median ROC (Joel Greenblatt) % is 19.59. Rategain Travel Technologies' value of 130.31% is 565.2% above this industry median. Based on the distribution chart, Rategain Travel Technologies ranks #521 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Rategain Travel Technologies has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rategain Travel Technologies' ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Rategain Travel Technologies ranks #521 out of 2819 companies for ROC (Joel Greenblatt) %. This places Rategain Travel Technologies in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Rategain Travel Technologies' value of 130.31% is 565.2% above this benchmark. While the company's 10-year median is 108.84 vs. the industry median of 19.59, Rategain Travel Technologies 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 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. Rategain Travel Technologies's current ROC (Joel Greenblatt) % of 130.31% is 565.2% 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 Rategain Travel Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rategain Travel Technologies's current ROC (Joel Greenblatt) % is 130.31%, which is 20% above median its own 10-year median of 108.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rategain Travel Technologies stock overvalued right now?
Based on GuruFocus' analysis, Rategain Travel Technologies (NSE:RATEGAIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,504.87, compared to a current price of ₹918.40 — trading 39% below its estimated fair value. The current ROC (Joel Greenblatt) % is 130.31%, which is 20% above median its 10-year median of 108.84 and 565.2% above the Software industry median of 19.59. Rategain Travel Technologies' overall GF Score™ is 82/100 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 Rategain Travel Technologies (NSE:RATEGAIN), the current ROC (Joel Greenblatt) % is 130.31% 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 Rategain Travel Technologies (NSE:RATEGAIN) Overvalued in 2026?
Based on GuruFocus' analysis, Rategain Travel Technologies stock appears to be undervalued.
The current stock price of ₹918.40 is trading 39% below its estimated GF Value™ of ₹1,504.87.
GuruFocus considers Rategain Travel Technologies to be Significantly Undervalued.
Key valuation signals for NSE:RATEGAIN:
ROC (Joel Greenblatt) %: 130.31% (20% above median its 10-year median of 108.84)
GF Value™: ₹1,504.87 vs. price of ₹918.40 (39% below fair value)
Industry Position: 565.2% above the Software median (#521 of 2819)
No single metric tells the full story. See the NSE:RATEGAIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises, and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.
82GF Score
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