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RedingtonNSE:REDINGTON -0.38%91 ROC (Joel Greenblatt) % is 17.22% as of Mar. 2026, which is 28% below its 10-year median of 23.80. GuruFocus rates NSE:REDINGTON with a GF Score™ of 91/100 and a GF Value™ of ₹284.34 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,810 Software companies, Redington ranks better than 50.39% 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. Redington's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.22%.
The historical rank and industry rank for Redington's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:REDINGTON'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.39 Med: 23.8 Max: 82.89
Current: 20.77
During the past 13 years, Redington's highest ROC (Joel Greenblatt) % was 82.89%. The lowest was 19.39%. And the median was 23.80%.
NSE:REDINGTON's ROC (Joel Greenblatt) % is ranked better than 50.39% of 2810
companies
in the Software industry
Industry Median: 19.94
vs NSE:REDINGTON: 20.77
Redington's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.40% 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.
The historical data trend for Redington'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:REDINGTON vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Redington'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.
Redington ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Redington's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Redington'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 17.22% mean?
Redington (NSE:REDINGTON) has a ROC (Joel Greenblatt) % of 17.22% 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 Redington and its competitors. This is 28% below median its historical median of 23.80. Over the past decade, Redington's ROC (Joel Greenblatt) % has ranged from 19.39 to 82.89. According to the industry distribution chart, Redington ranks #1394 out of 2810 companies in the Software industry, placing it in the top 49.6%.
Is Redington's ROC (Joel Greenblatt) % too high?
Redington's current ROC (Joel Greenblatt) % of 17.22% is 28% below median its 10-year median of 23.80. Over the past 10 years, this metric has ranged from a low of 19.39 to a high of 82.89. The Software industry median ROC (Joel Greenblatt) % is 19.94. Redington's value of 17.22% is 13.6% below this industry median. Based on the distribution chart, Redington ranks #1394 out of 2810 companies in the Software industry, which is above the industry midpoint. Overall, Redington has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Redington's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Redington ranks #1394 out of 2810 companies for ROC (Joel Greenblatt) %. This puts Redington in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.94. Redington's value of 17.22% is 13.6% below this benchmark. Historically, Redington's own ROC (Joel Greenblatt) % has ranged from 19.39 to 82.89 over the past decade. While the company's 10-year median is 23.80 vs. the industry median of 19.94, Redington has consistently been below 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 19.94, based on 2,810 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. Redington's current ROC (Joel Greenblatt) % of 17.22% is 13.6% below 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 Redington and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redington's current ROC (Joel Greenblatt) % is 17.22%, which is 28% below median its own 10-year median of 23.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redington stock overvalued right now?
Based on GuruFocus' analysis, Redington (NSE:REDINGTON) is currently considered Fairly Valued. The stock's GF Value™ is ₹284.34, compared to a current price of ₹275.05 — trading 3.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.22%, which is 28% below median its 10-year median of 23.80 and 13.6% below the Software industry median of 19.94. Redington's overall GF Score™ is 91/100 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 Redington (NSE:REDINGTON), the current ROC (Joel Greenblatt) % is 17.22% 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 Redington (NSE:REDINGTON) Overvalued in 2026?
Based on GuruFocus' analysis, Redington stock appears to be undervalued.
The current stock price of ₹275.05 is trading 3.3% below its estimated GF Value™ of ₹284.34.
GuruFocus considers Redington to be Fairly Valued.
Key valuation signals for NSE:REDINGTON:
ROC (Joel Greenblatt) %: 17.22% (28% below median its 10-year median of 23.80)
GF Value™: ₹284.34 vs. price of ₹275.05 (3.3% below fair value)
Industry Position: 13.6% below the Software median (#1394 of 2810)
No single metric tells the full story. See the NSE:REDINGTON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redington Ltd provides a variety of information technology and supply chain management services. The company also distributes IT products, which include computers, network equipment, software, data storage products, security solutions, and servers. The firm's services include hardware support, supply chain solutions, digital transformation, and various other solutions in the field of 3D printing, cybersecurity, solar, and cloud infrastructure, among others. The company's reportable segments are: SISA (Singapore, India & South Asia) and ROW (Rest of the World).
91GF Score
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