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Renaissance GlobalNSE:RGL +4.13%55 ROC (Joel Greenblatt) % is 4.05% as of Mar. 2026, which is 63% below its 10-year median of 10.88. GuruFocus rates NSE:RGL with a GF Score™ of 55/100 and a GF Value™ of ₹65.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Renaissance Global ranks worse than 61.15% 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. Renaissance Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.05%.
The historical rank and industry rank for Renaissance Global's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:RGL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.81 Med: 10.88 Max: 13.58
Current: 7.35
During the past 13 years, Renaissance Global's highest ROC (Joel Greenblatt) % was 13.58%. The lowest was 2.81%. And the median was 10.88%.
NSE:RGL's ROC (Joel Greenblatt) % is ranked worse than 61.15% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 11.64
vs NSE:RGL: 7.35
Renaissance Global's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.70% per year.
Renaissance Global (NSE:RGL) 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.
Renaissance Global ROC (Joel Greenblatt) % Related Terms
Renaissance Global ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Renaissance Global'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:RGL vs TPR: ROC (Joel Greenblatt) % Comparison
For the Luxury Goods subindustry, Renaissance Global'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.
Renaissance Global ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Renaissance Global's ROC (Joel Greenblatt) % falls into.
Renaissance Global 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 4.05% mean?
Renaissance Global (NSE:RGL) has a ROC (Joel Greenblatt) % of 4.05% 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 Renaissance Global and its competitors. This is 63% below median its historical median of 10.88. Over the past decade, Renaissance Global's ROC (Joel Greenblatt) % has ranged from 2.81 to 13.58. According to the industry distribution chart, Renaissance Global ranks #691 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 61.2%.
Is Renaissance Global's ROC (Joel Greenblatt) % too high?
Renaissance Global's current ROC (Joel Greenblatt) % of 4.05% is 63% below median its 10-year median of 10.88. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 13.58. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.64. Renaissance Global's value of 4.05% is 65.2% below this industry median. Based on the distribution chart, Renaissance Global ranks #691 out of 1130 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Renaissance Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's ROC (Joel Greenblatt) % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #691 out of 1130 companies for ROC (Joel Greenblatt) %. This places Renaissance Global in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.64. Renaissance Global's value of 4.05% is 65.2% below this benchmark. Historically, Renaissance Global's own ROC (Joel Greenblatt) % has ranged from 2.81 to 13.58 over the past decade. While the company's 10-year median is 10.88 vs. the industry median of 11.64, Renaissance Global 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. Renaissance Global's current ROC (Joel Greenblatt) % of 4.05% is 65.2% 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 Renaissance Global and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current ROC (Joel Greenblatt) % is 4.05%, which is 63% below median its own 10-year median of 10.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (NSE:RGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹65.08, compared to a current price of ₹121.06 — trading 86% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.05%, which is 63% below median its 10-year median of 10.88 and 65.2% below the Retail - Cyclical industry median of 11.64. Renaissance Global's overall GF Score™ is 55/100 with 4 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 Renaissance Global (NSE:RGL), the current ROC (Joel Greenblatt) % is 4.05% 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 Renaissance Global (NSE:RGL) Overvalued in 2026?
Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued.
The current stock price of ₹121.06 is trading 86% above its estimated GF Value™ of ₹65.08.
GuruFocus considers Renaissance Global to be Significantly Overvalued.
Key valuation signals for NSE:RGL:
ROC (Joel Greenblatt) %: 4.05% (63% below median its 10-year median of 10.88)
GF Value™: ₹65.08 vs. price of ₹121.06 (86% above fair value)
Industry Position: 65.2% below the Retail - Cyclical median (#691 of 1130)
No single metric tells the full story. See the NSE:RGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
55GF Score
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