Suratwwala Business Group (NSE:SBGLP) ROC (Joel Greenblatt) %: 42.01% (As of Mar. 2026) — 22% Above Median

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NSE:SBGLP Suratwwala Business Group Ltd NSE:SBGLP
78 GF Score
Price ₹25.61
GF Value ₹137.71
Valuation Possible Value Trap
! 1 Warning Sign
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What is Suratwwala Business Group ROC (Joel Greenblatt) %?

Suratwwala Business Group NSE:SBGLP -0.23% 78 ROC (Joel Greenblatt) % is 42.01% as of Mar. 2026, which is 22% above its 10-year median of 34.30. GuruFocus rates NSE:SBGLP with a GF Score™ of 78/100 and a GF Value™ of ₹137.71 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,749 Real Estate companies, Suratwwala Business Group ranks better than 65.69% 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. Suratwwala Business Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 42.01%.

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

NSE:SBGLP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.83   Med: 34.3   Max: 153.03
Current: 35.62

During the past 9 years, Suratwwala Business Group's highest ROC (Joel Greenblatt) % was 153.03%. The lowest was -22.83%. And the median was 34.30%.

NSE:SBGLP's ROC (Joel Greenblatt) % is ranked better than
65.69% of 1749 companies
in the Real Estate industry
Industry Median: 12.88 vs NSE:SBGLP: 35.62

Suratwwala Business Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Suratwwala Business Group  (NSE:SBGLP) 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.


Suratwwala Business Group ROC (Joel Greenblatt) % Related Terms


Suratwwala Business Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Suratwwala Business Group'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.

Suratwwala Business Group ROC (Joel Greenblatt) % Chart

Suratwwala Business Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -22.83 153.03 61.76 14.23 34.30

Suratwwala Business Group Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.39 22.35 33.17 46.02 42.01

Suratwwala Business Group ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Suratwwala Business Group'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.


Suratwwala Business Group ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Suratwwala Business Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Suratwwala Business Group's ROC (Joel Greenblatt) % falls into.


NSE:SBGLP
78GF Score
Suratwwala Business Group Ltd NSE:SBGLP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suratwwala Business Group 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(370.674 + 1638.493 + 70.673) - (359.52 + 0 + 325.491)
=1394.829

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Suratwwala Business Group 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=729.728/( ( (0 + max(0, 0)) + (342.352 + max(1394.829, 0)) )/ 1 )
=729.728/( ( 0 + 1737.181 )/ 1 )
=729.728/1737.181
=42.01 %

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 42.01% mean?
Suratwwala Business Group (NSE:SBGLP) has a ROC (Joel Greenblatt) % of 42.01% 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 Suratwwala Business Group and its competitors. This is 22% above median its historical median of 34.30. According to the industry distribution chart, Suratwwala Business Group ranks #600 out of 1749 companies in the Real Estate industry, placing it in the top 34.3%.
Is Suratwwala Business Group's ROC (Joel Greenblatt) % too high?
Suratwwala Business Group's current ROC (Joel Greenblatt) % of 42.01% is 22% above median its 10-year median of 34.30. The Real Estate industry median ROC (Joel Greenblatt) % is 12.88. Suratwwala Business Group's value of 42.01% is 226.2% above this industry median. Based on the distribution chart, Suratwwala Business Group ranks #600 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, Suratwwala Business Group has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Suratwwala Business Group's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Suratwwala Business Group ranks #600 out of 1749 companies for ROC (Joel Greenblatt) %. This puts Suratwwala Business Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.88. Suratwwala Business Group's value of 42.01% is 226.2% above this benchmark. While the company's 10-year median is 34.30 vs. the industry median of 12.88, Suratwwala Business Group 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.88, based on 1,749 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. Suratwwala Business Group's current ROC (Joel Greenblatt) % of 42.01% is 226.2% 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 Suratwwala Business Group and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suratwwala Business Group's current ROC (Joel Greenblatt) % is 42.01%, which is 22% above median its own 10-year median of 34.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suratwwala Business Group stock overvalued right now?
Based on GuruFocus' analysis, Suratwwala Business Group (NSE:SBGLP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹137.71, compared to a current price of ₹25.61 — trading 81.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 42.01%, which is 22% above median its 10-year median of 34.30 and 226.2% above the Real Estate industry median of 12.88. Suratwwala Business Group's overall GF Score™ is 78/100 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 Suratwwala Business Group (NSE:SBGLP), the current ROC (Joel Greenblatt) % is 42.01% 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 Suratwwala Business Group (NSE:SBGLP) Overvalued in 2026?

Based on GuruFocus' analysis, Suratwwala Business Group stock appears to be undervalued. The current stock price of ₹25.61 is trading 81.4% below its estimated GF Value™ of ₹137.71. GuruFocus considers Suratwwala Business Group to be Possible Value Trap.

Key valuation signals for NSE:SBGLP:

  • ROC (Joel Greenblatt) %: 42.01% (22% above median its 10-year median of 34.30)
  • GF Value™: ₹137.71 vs. price of ₹25.61 (81.4% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 226.2% above the Real Estate median (#600 of 1749)

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


Suratwwala Business Group Business Description

Other Exchanges 543218:India
Address Off Karve Road, Erandwane, S. NO. 4/38, Sumangal Building Office No. 2, 1st Floor, Sahakar Colony behind SBI, Pune, MH, IND, 411004
Suratwwala Business Group Ltd is an integrated real estate development company focusing on the development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company. The company segments include: Construction and Development of Commercial Offices & Showrooms, Restaurants and Residential Projects, Maintenance of properties developed by the Company, Providing the space on rent, such as renting for mobile tower, hoardings and banners on building, or renting of the unsold space for short durations.
78GF Score

Get the complete analysis for NSE:SBGLP

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

₹25.61
Price
₹137.71
GF Value