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Sahaj SolarNSE:SAHAJSOLAR -0.63%45 ROC (Joel Greenblatt) % is 44.20% as of Mar. 2026, which is 22% above its 10-year median of 36.34. GuruFocus rates NSE:SAHAJSOLAR with a GF Score™ of 45/100. The stock has 8 warning signs investors should review. Among 1,028 Semiconductors companies, Sahaj Solar ranks better than 75.88% 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. Sahaj Solar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.20%.
The historical rank and industry rank for Sahaj Solar's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:SAHAJSOLAR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.27 Med: 36.34 Max: 51.52
Current: 31.08
During the past 6 years, Sahaj Solar's highest ROC (Joel Greenblatt) % was 51.52%. The lowest was 8.27%. And the median was 36.34%.
NSE:SAHAJSOLAR's ROC (Joel Greenblatt) % is ranked better than 75.88% of 1028
companies
in the Semiconductors industry
Industry Median: 8.265
vs NSE:SAHAJSOLAR: 31.08
Sahaj Solar's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 36.20% per year.
Sahaj Solar (NSE:SAHAJSOLAR) 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.
Sahaj Solar ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Sahaj Solar'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:SAHAJSOLAR vs FSLR, NXT, ENPH: ROC (Joel Greenblatt) % Comparison
For the Solar subindustry, Sahaj Solar'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.
Sahaj Solar ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sahaj Solar's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sahaj Solar'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 two times the semi-annual (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 44.20% mean?
Sahaj Solar (NSE:SAHAJSOLAR) has a ROC (Joel Greenblatt) % of 44.20% 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 Sahaj Solar and its competitors. This is 22% above median its historical median of 36.34. Over the past decade, Sahaj Solar's ROC (Joel Greenblatt) % has ranged from 8.27 to 51.52. According to the industry distribution chart, Sahaj Solar ranks #248 out of 1028 companies in the Semiconductors industry, placing it in the top 24.1%.
Is Sahaj Solar's ROC (Joel Greenblatt) % too high?
Sahaj Solar's current ROC (Joel Greenblatt) % of 44.20% is 22% above median its 10-year median of 36.34. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 51.52. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. Sahaj Solar's value of 44.20% is 434.8% above this industry median. Based on the distribution chart, Sahaj Solar ranks #248 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Sahaj Solar has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Sahaj Solar's ROC (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Sahaj Solar ranks #248 out of 1028 companies for ROC (Joel Greenblatt) %. This places Sahaj Solar in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.27. Sahaj Solar's value of 44.20% is 434.8% above this benchmark. Historically, Sahaj Solar's own ROC (Joel Greenblatt) % has ranged from 8.27 to 51.52 over the past decade. While the company's 10-year median is 36.34 vs. the industry median of 8.27, Sahaj Solar 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.27, based on 1,028 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. Sahaj Solar's current ROC (Joel Greenblatt) % of 44.20% is 434.8% 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 Sahaj Solar and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahaj Solar's current ROC (Joel Greenblatt) % is 44.20%, which is 22% above median its own 10-year median of 36.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahaj Solar stock overvalued right now?
Sahaj Solar (NSE:SAHAJSOLAR) has a current ROC (Joel Greenblatt) % of 44.20%. The current ROC (Joel Greenblatt) % is 44.20%, which is 22% above median its 10-year median of 36.34 and 434.8% above the Semiconductors industry median of 8.27. Sahaj Solar's overall GF Score™ is 45/100 with 8 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 Sahaj Solar (NSE:SAHAJSOLAR), the current ROC (Joel Greenblatt) % is 44.20% 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.
Sahaj Solar Ltd is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to PAN India customers. Its product include Solar Panel, Solar Water Pump, Solar Mobile Trolleys, Solar Home Light and etc.
45GF Score
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