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Steel Strips WheelsNSE:SSWL +2.52%84 ROC (Joel Greenblatt) % is 18.86% as of Jun. 2026, which is 43% above its 10-year median of 13.17. GuruFocus rates NSE:SSWL with a GF Score™ of 84/100 and a GF Value™ of ₹270.65 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Steel Strips Wheels ranks better than 61.19% 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. Steel Strips Wheels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 18.86%.
The historical rank and industry rank for Steel Strips Wheels's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:SSWL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.57 Med: 13.17 Max: 37.33
Current: 15.76
During the past 13 years, Steel Strips Wheels's highest ROC (Joel Greenblatt) % was 37.33%. The lowest was 6.57%. And the median was 13.17%.
NSE:SSWL's ROC (Joel Greenblatt) % is ranked better than 61.19% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.02
vs NSE:SSWL: 15.76
Steel Strips Wheels's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.30% 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.
Steel Strips Wheels ROC (Joel Greenblatt) % Related Terms
Steel Strips Wheels ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Steel Strips Wheels'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:SSWL vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Steel Strips Wheels'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.
Steel Strips Wheels ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Steel Strips Wheels'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 (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 18.86% mean?
Steel Strips Wheels (NSE:SSWL) has a ROC (Joel Greenblatt) % of 18.86% 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 Steel Strips Wheels and its competitors. This is 43% above median its historical median of 13.17. Over the past decade, Steel Strips Wheels' ROC (Joel Greenblatt) % has ranged from 6.57 to 37.33. According to the industry distribution chart, Steel Strips Wheels ranks #517 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 38.8%.
Is Steel Strips Wheels' ROC (Joel Greenblatt) % too high?
Steel Strips Wheels' current ROC (Joel Greenblatt) % of 18.86% is 43% above median its 10-year median of 13.17. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 37.33. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. Steel Strips Wheels' value of 18.86% is 56.9% above this industry median. Based on the distribution chart, Steel Strips Wheels ranks #517 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #517 out of 1332 companies for ROC (Joel Greenblatt) %. This puts Steel Strips Wheels in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. Steel Strips Wheels' value of 18.86% is 56.9% above this benchmark. Historically, Steel Strips Wheels' own ROC (Joel Greenblatt) % has ranged from 6.57 to 37.33 over the past decade. While the company's 10-year median is 13.17 vs. the industry median of 12.02, Steel Strips Wheels 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. Steel Strips Wheels's current ROC (Joel Greenblatt) % of 18.86% is 56.9% 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current ROC (Joel Greenblatt) % is 18.86%, which is 43% above median its own 10-year median of 13.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹270.65, compared to a current price of ₹286.73 — trading 5.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 18.86%, which is 43% above median its 10-year median of 13.17 and 56.9% above the Vehicles & Parts industry median of 12.02. Steel Strips Wheels' overall GF Score™ is 84/100 with 7 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 Steel Strips Wheels (NSE:SSWL), the current ROC (Joel Greenblatt) % is 18.86% 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be overvalued.
The current stock price of ₹286.73 is trading 5.9% above its estimated GF Value™ of ₹270.65.
GuruFocus considers Steel Strips Wheels to be Fairly Valued.
Key valuation signals for NSE:SSWL:
ROC (Joel Greenblatt) %: 18.86% (43% above median its 10-year median of 13.17)
GF Value™: ₹270.65 vs. price of ₹286.73 (5.9% above fair value)
Industry Position: 56.9% above the Vehicles & Parts median (#517 of 1332)
No single metric tells the full story. See the NSE:SSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
84GF Score
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