Signpost India (NSE:SIGNPOST) ROC (Joel Greenblatt) %: 32.87% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SIGNPOST Signpost India Ltd NSE:SIGNPOST
18 GF Score
Price ₹322.05
! 5 Warning Signs
View Full Analysis

What is Signpost India ROC (Joel Greenblatt) %?

Signpost India NSE:SIGNPOST +0.28% 18 ROC (Joel Greenblatt) % is 32.87% as of Mar. 2026, which is 2% below its 10-year median of 33.39. GuruFocus rates NSE:SIGNPOST with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,018 Media - Diversified companies, Signpost India ranks better than 69.94% 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. Signpost India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.87%.

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

NSE:SIGNPOST' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.49   Med: 33.39   Max: 46.26
Current: 34.08

During the past 5 years, Signpost India's highest ROC (Joel Greenblatt) % was 46.26%. The lowest was 13.49%. And the median was 33.39%.

NSE:SIGNPOST's ROC (Joel Greenblatt) % is ranked better than
69.94% of 1018 companies
in the Media - Diversified industry
Industry Median: 9.685 vs NSE:SIGNPOST: 34.08

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


Signpost India  (NSE:SIGNPOST) 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.


Signpost India ROC (Joel Greenblatt) % Related Terms


Signpost India ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Signpost India'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.

Signpost India ROC (Joel Greenblatt) % Chart

Signpost India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
13.49 46.26 40.00 22.80 33.39

Signpost India Quarterly Data
Mar22 Jun22 Sep22 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 4.17 35.94 33.03 36.57 32.87

NSE:SIGNPOST vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, Signpost India'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.


Signpost India ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Signpost India's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:SIGNPOST
18GF Score
Signpost India Ltd NSE:SIGNPOST
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Signpost India 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)
=(3173.098 + 0 + 430.774) - (1498.441 + 0 + 410.035)
=1695.396

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Signpost India 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 )
=1322.436/( ( (0 + max(0, 0)) + (2327.878 + max(1695.396, 0)) )/ 1 )
=1322.436/( ( 0 + 4023.274 )/ 1 )
=1322.436/4023.274
=32.87 %

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 32.87% mean?
Signpost India (NSE:SIGNPOST) has a ROC (Joel Greenblatt) % of 32.87% 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 Signpost India and its competitors. This is near median its historical median of 33.39. Over the past decade, Signpost India's ROC (Joel Greenblatt) % has ranged from 13.49 to 46.26. According to the industry distribution chart, Signpost India ranks #306 out of 1018 companies in the Media - Diversified industry, placing it in the top 30.1%.
Is Signpost India's ROC (Joel Greenblatt) % too high?
Signpost India's current ROC (Joel Greenblatt) % of 32.87% is near median its 10-year median of 33.39. Over the past 10 years, this metric has ranged from a low of 13.49 to a high of 46.26. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.69. Signpost India's value of 32.87% is 239.4% above this industry median. Based on the distribution chart, Signpost India ranks #306 out of 1018 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Signpost India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Signpost India's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Signpost India ranks #306 out of 1018 companies for ROC (Joel Greenblatt) %. This puts Signpost India in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.69. Signpost India's value of 32.87% is 239.4% above this benchmark. Historically, Signpost India's own ROC (Joel Greenblatt) % has ranged from 13.49 to 46.26 over the past decade. While the company's 10-year median is 33.39 vs. the industry median of 9.69, Signpost India 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.69, based on 1,018 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. Signpost India's current ROC (Joel Greenblatt) % of 32.87% is 239.4% 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 Signpost India and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signpost India's current ROC (Joel Greenblatt) % is 32.87%, which is near median its own 10-year median of 33.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signpost India stock overvalued right now?
Signpost India (NSE:SIGNPOST) has a current ROC (Joel Greenblatt) % of 32.87%. The current ROC (Joel Greenblatt) % is 32.87%, which is near median its 10-year median of 33.39 and 239.4% above the Media - Diversified industry median of 9.69. Signpost India's overall GF Score™ is 18/100 with 5 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 Signpost India (NSE:SIGNPOST), the current ROC (Joel Greenblatt) % is 32.87% 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.

Signpost India Business Description

Other Exchanges 544117:India
Address 70A, Nehru Road, 202, Signpost House, Near Santa Cruz Airport, Vile Parle East, Mumbai, MH, IND, 400099
Signpost India Ltd is a company engaged in the business of advertising. It provides Out of Home (OOH) media services, specializing in programmatic digital OOH advertising. The company's extensive portfolio of media assets spans multiple categories: conventional, backlit, and digital billboards; skywalks, bus panels, airports, metro stations; kiosks, traffic booths, etc. It caters to a diverse clientele across industries and generates business from both direct clients and partnerships with media agencies. The company's activities fall in a single business segment, i.e., advertising, selling of space for advertisement in print media, and public relations. Geographically, it operates only in India.
18GF Score

Get the complete analysis for NSE:SIGNPOST

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

₹322.05
Price