Sahana System (NSE:SAHANA) ROC (Joel Greenblatt) %: 67.22% (As of Mar. 2026) — Near Median

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NSE:SAHANA Sahana System Ltd NSE:SAHANA
83 GF Score
Price ₹927.90
GF Value ₹4,715.72
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Sahana System ROC (Joel Greenblatt) %?

Sahana System NSE:SAHANA +0.11% 83 ROC (Joel Greenblatt) % is 67.22% as of Mar. 2026, which is at its 10-year median of 67.22. GuruFocus rates NSE:SAHANA with a GF Score™ of 83/100 and a GF Value™ of ₹4,715.72 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,816 Software companies, Sahana System ranks better than 65.84% 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. Sahana System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.22%.

The historical rank and industry rank for Sahana System's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:SAHANA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.25   Med: 67.22   Max: 123.61
Current: 67.22

During the past 7 years, Sahana System's highest ROC (Joel Greenblatt) % was 123.61%. The lowest was 10.25%. And the median was 67.22%.

NSE:SAHANA's ROC (Joel Greenblatt) % is ranked better than
65.84% of 2816 companies
in the Software industry
Industry Median: 21.27 vs NSE:SAHANA: 67.22

Sahana System's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.60% per year.


Sahana System  (NSE:SAHANA) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Sahana System ROC (Joel Greenblatt) % Related Terms


Sahana System ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sahana System'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.

Sahana System ROC (Joel Greenblatt) % Chart

Sahana System Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 33.11 72.04 123.61 77.67 67.22

Sahana System Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 33.11 72.04 123.61 77.67 67.22

NSE:SAHANA vs IBM, ACN, CTSH: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Sahana System'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.


Sahana System ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Sahana System's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sahana System's ROC (Joel Greenblatt) % falls into.


NSE:SAHANA
83GF Score
Sahana System Ltd NSE:SAHANA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sahana System 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(845.521 + 63.261 + 559.348) - (410.375 + 0 + 63.444)
=994.311

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(965.878 + 83.126 + 929.191) - (474.833 + 0 + 376.969)
=1126.393

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sahana System for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=997.873/( ( (262.278 + max(994.311, 0)) + (585.989 + max(1126.393, 0)) )/ 2 )
=997.873/( ( 1256.589 + 1712.382 )/ 2 )
=997.873/1484.4855
=67.22 %

Note: The EBIT data used here is one times the 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 67.22% mean?
Sahana System (NSE:SAHANA) has a ROC (Joel Greenblatt) % of 67.22% 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 Sahana System and its competitors. This is near median its historical median of 67.22. Over the past decade, Sahana System's ROC (Joel Greenblatt) % has ranged from 10.25 to 123.61. According to the industry distribution chart, Sahana System ranks #962 out of 2816 companies in the Software industry, placing it in the top 34.2%.
Is Sahana System's ROC (Joel Greenblatt) % too high?
Sahana System's current ROC (Joel Greenblatt) % of 67.22% is near median its 10-year median of 67.22. Over the past 10 years, this metric has ranged from a low of 10.25 to a high of 123.61. The Software industry median ROC (Joel Greenblatt) % is 21.27. Sahana System's value of 67.22% is 216% above this industry median. Based on the distribution chart, Sahana System ranks #962 out of 2816 companies in the Software industry, which is above the industry midpoint. Overall, Sahana System has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sahana System's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Sahana System ranks #962 out of 2816 companies for ROC (Joel Greenblatt) %. This puts Sahana System in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.27. Sahana System's value of 67.22% is 216% above this benchmark. Historically, Sahana System's own ROC (Joel Greenblatt) % has ranged from 10.25 to 123.61 over the past decade. While the company's 10-year median is 67.22 vs. the industry median of 21.27, Sahana System 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 21.27, based on 2,816 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. Sahana System's current ROC (Joel Greenblatt) % of 67.22% is 216% 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 Sahana System and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahana System's current ROC (Joel Greenblatt) % is 67.22%, which is near median its own 10-year median of 67.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahana System stock overvalued right now?
Based on GuruFocus' analysis, Sahana System (NSE:SAHANA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4,715.72, compared to a current price of ₹927.90 — trading 80.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 67.22%, which is near median its 10-year median of 67.22 and 216% above the Software industry median of 21.27. Sahana System's overall GF Score™ is 83/100 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 Sahana System (NSE:SAHANA), the current ROC (Joel Greenblatt) % is 67.22% 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 Sahana System (NSE:SAHANA) Overvalued in 2026?

Based on GuruFocus' analysis, Sahana System stock appears to be undervalued. The current stock price of ₹927.90 is trading 80.3% below its estimated GF Value™ of ₹4,715.72. GuruFocus considers Sahana System to be Possible Value Trap.

Key valuation signals for NSE:SAHANA:

  • ROC (Joel Greenblatt) %: 67.22% (near median its 10-year median of 67.22)
  • GF Value™: ₹4,715.72 vs. price of ₹927.90 (80.3% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 216% above the Software median (#962 of 2816)

No single metric tells the full story. See the NSE:SAHANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sahana System Business Description

Address Sal Hospital Road, 1301, Maple Trade Centre, Nr. Surdhara Circle, Memnagar, Thaltej, Ahmedabad, GJ, IND, 380052
Sahana System Ltd is engaged in the business of offering IT-related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI-UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT services. The company is also engaged in the trading of hardware instruments related to Franking Machines, Computers, LEDs, Laptops, and others. The segments of the company are IT Services and Hardware Trading.
83GF Score

Get the complete analysis for NSE:SAHANA

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹927.90
Price
₹4,715.72
GF Value