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SBI Funds ManagementNSE:SBIFUNDS +0.22%22 ROC (Joel Greenblatt) % is 891.32% as of Mar. 2026, which is 16% below its 10-year median of 1,064.07. GuruFocus rates NSE:SBIFUNDS with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 626 Asset Management companies, SBI Funds Management ranks better than 63.1% 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. SBI Funds Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 891.32%.
The historical rank and industry rank for SBI Funds Management's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:SBIFUNDS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 224.98 Med: 1064.07 Max: 1117.29
Current: 224.98
During the past 4 years, SBI Funds Management's highest ROC (Joel Greenblatt) % was 1117.29%. The lowest was 224.98%. And the median was 1064.07%.
NSE:SBIFUNDS's ROC (Joel Greenblatt) % is ranked better than 63.1% of 626
companies
in the Asset Management industry
Industry Median: 66.175
vs NSE:SBIFUNDS: 224.98
SBI Funds Management's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
SBI Funds Management ROC (Joel Greenblatt) % Related Terms
SBI Funds Management ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SBI Funds Management'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:SBIFUNDS vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, SBI Funds Management'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.
SBI Funds Management ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SBI Funds Management's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SBI Funds Management'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 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 891.32% mean?
SBI Funds Management (NSE:SBIFUNDS) has a ROC (Joel Greenblatt) % of 891.32% 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 SBI Funds Management and its competitors. This is 16% below median its historical median of 1,064.07. Over the past decade, SBI Funds Management's ROC (Joel Greenblatt) % has ranged from 224.98 to 1,117.29. According to the industry distribution chart, SBI Funds Management ranks #231 out of 626 companies in the Asset Management industry, placing it in the top 36.9%.
Is SBI Funds Management's ROC (Joel Greenblatt) % too high?
SBI Funds Management's current ROC (Joel Greenblatt) % of 891.32% is 16% below median its 10-year median of 1,064.07. Over the past 10 years, this metric has ranged from a low of 224.98 to a high of 1,117.29. The Asset Management industry median ROC (Joel Greenblatt) % is 66.18. SBI Funds Management's value of 891.32% is 1246.9% above this industry median. Based on the distribution chart, SBI Funds Management ranks #231 out of 626 companies in the Asset Management industry, which is above the industry midpoint. Overall, SBI Funds Management has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SBI Funds Management's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, SBI Funds Management ranks #231 out of 626 companies for ROC (Joel Greenblatt) %. This puts SBI Funds Management in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 66.18. SBI Funds Management's value of 891.32% is 1246.9% above this benchmark. Historically, SBI Funds Management's own ROC (Joel Greenblatt) % has ranged from 224.98 to 1,117.29 over the past decade. While the company's 10-year median is 1,064.07 vs. the industry median of 66.18, SBI Funds Management 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 66.18, based on 626 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. SBI Funds Management's current ROC (Joel Greenblatt) % of 891.32% is 1246.9% 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 SBI Funds Management and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 66.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Funds Management's current ROC (Joel Greenblatt) % is 891.32%, which is 16% below median its own 10-year median of 1,064.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Funds Management stock overvalued right now?
SBI Funds Management (NSE:SBIFUNDS) has a current ROC (Joel Greenblatt) % of 891.32%. The current ROC (Joel Greenblatt) % is 891.32%, which is 16% below median its 10-year median of 1,064.07 and 1246.9% above the Asset Management industry median of 66.18. SBI Funds Management's overall GF Score™ is 22/100 with 2 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 SBI Funds Management (NSE:SBIFUNDS), the current ROC (Joel Greenblatt) % is 891.32% 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.
SBI Funds Management Ltd is a company that manages the Investment Portfolios of the scheme(s) launched by the Fund and provides various administrative services to the Fund. The Company also offers alternate asset investment products through Alternative Investment Funds. It is acting as Investment Manager of SBI Alternative Equity Fund & SBI Alternative Debt Fund.
22GF Score
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