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Sarda Energy & MineralsNSE:SARDAEN +0.25%86 ROC (Joel Greenblatt) % is 36.49% as of Jun. 2026, which is 87% above its 10-year median of 19.48. GuruFocus rates NSE:SARDAEN with a GF Score™ of 86/100 and a GF Value™ of ₹526.45 (Fairly Valued). The stock has 1 warning sign investors should review. Among 631 Steel companies, Sarda Energy & Minerals ranks better than 85.9% 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. Sarda Energy & Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 36.49%.
The historical rank and industry rank for Sarda Energy & Minerals's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:SARDAEN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.82 Med: 19.48 Max: 35.92
Current: 24.02
During the past 13 years, Sarda Energy & Minerals's highest ROC (Joel Greenblatt) % was 35.92%. The lowest was 8.82%. And the median was 19.48%.
NSE:SARDAEN's ROC (Joel Greenblatt) % is ranked better than 85.9% of 631
companies
in the Steel industry
Industry Median: 7.9
vs NSE:SARDAEN: 24.02
Sarda Energy & Minerals's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.00% per year.
Sarda Energy & Minerals (NSE:SARDAEN) 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.
Sarda Energy & Minerals ROC (Joel Greenblatt) % Related Terms
Sarda Energy & Minerals ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Sarda Energy & Minerals'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.
Sarda Energy & Minerals ROC (Joel Greenblatt) % Chart
NSE:SARDAEN vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Sarda Energy & Minerals'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.
Sarda Energy & Minerals ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Sarda Energy & Minerals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sarda Energy & Minerals's ROC (Joel Greenblatt) % falls into.
Sarda Energy & Minerals 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 (Jun. 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 36.49% mean?
Sarda Energy & Minerals (NSE:SARDAEN) has a ROC (Joel Greenblatt) % of 36.49% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Sarda Energy & Minerals and its competitors. This is 87% above median its historical median of 19.48. Over the past decade, Sarda Energy & Minerals' ROC (Joel Greenblatt) % has ranged from 8.82 to 35.92. According to the industry distribution chart, Sarda Energy & Minerals ranks #89 out of 631 companies in the Steel industry, placing it in the top 14.1%.
Is Sarda Energy & Minerals' ROC (Joel Greenblatt) % too high?
Sarda Energy & Minerals' current ROC (Joel Greenblatt) % of 36.49% is 87% above median its 10-year median of 19.48. Over the past 10 years, this metric has ranged from a low of 8.82 to a high of 35.92. The Steel industry median ROC (Joel Greenblatt) % is 7.90. Sarda Energy & Minerals' value of 36.49% is 361.9% above this industry median. Based on the distribution chart, Sarda Energy & Minerals ranks #89 out of 631 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sarda Energy & Minerals has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sarda Energy & Minerals' ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Sarda Energy & Minerals ranks #89 out of 631 companies for ROC (Joel Greenblatt) %. This places Sarda Energy & Minerals in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.90. Sarda Energy & Minerals' value of 36.49% is 361.9% above this benchmark. Historically, Sarda Energy & Minerals' own ROC (Joel Greenblatt) % has ranged from 8.82 to 35.92 over the past decade. While the company's 10-year median is 19.48 vs. the industry median of 7.90, Sarda Energy & Minerals 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.90, based on 631 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. Sarda Energy & Minerals's current ROC (Joel Greenblatt) % of 36.49% is 361.9% 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 Sarda Energy & Minerals and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sarda Energy & Minerals's current ROC (Joel Greenblatt) % is 36.49%, which is 87% above median its own 10-year median of 19.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarda Energy & Minerals stock overvalued right now?
Based on GuruFocus' analysis, Sarda Energy & Minerals (NSE:SARDAEN) is currently considered Fairly Valued. The stock's GF Value™ is ₹526.45, compared to a current price of ₹510.60 — trading 3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 36.49%, which is 87% above median its 10-year median of 19.48 and 361.9% above the Steel industry median of 7.90. Sarda Energy & Minerals' overall GF Score™ is 86/100 with 1 warning sign 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 Sarda Energy & Minerals (NSE:SARDAEN), the current ROC (Joel Greenblatt) % is 36.49% as of Jun. 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 Sarda Energy & Minerals (NSE:SARDAEN) Overvalued in 2026?
Based on GuruFocus' analysis, Sarda Energy & Minerals stock appears to be undervalued.
The current stock price of ₹510.60 is trading 3% below its estimated GF Value™ of ₹526.45.
GuruFocus considers Sarda Energy & Minerals to be Fairly Valued.
Key valuation signals for NSE:SARDAEN:
ROC (Joel Greenblatt) %: 36.49% (87% above median its 10-year median of 19.48)
GF Value™: ₹526.45 vs. price of ₹510.60 (3% below fair value)
Industry Position: 361.9% above the Steel median (#89 of 631)
No single metric tells the full story. See the NSE:SARDAEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sarda Energy & Minerals Ltd is an Indian based company has integrated steel manufacturing facility starting from iron ore mining to the finished steel in the form of wire rod and H.B. wire and also through its subsidiary engaged in the business of generation of power. It is also provides manufacturer and exporter of Ferro Alloys and promoted hydropower projects through SPVs. The group operates in the business segment of Steel, Ferro Alloys, and Power. It generates a majority of its revenue from the Steel segment. The company's products include Pellets, Sponge Iron (DRI), Steel Billets & Wire Rods, Ferro Alloys, Power, and Eco-Bricks Mining.
86GF Score
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