Strides Pharma Science (NSE:STAR) ROC (Joel Greenblatt) %: 29.10% (As of Mar. 2026) — 192% Above Median


NSE:STAR Strides Pharma Science Ltd NSE:STAR
70 GF Score
Price ₹1,080.80
GF Value ₹777.97
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Strides Pharma Science ROC (Joel Greenblatt) %?

Strides Pharma Science NSE:STAR -4.20% 70 ROC (Joel Greenblatt) % is 29.10% as of Mar. 2026, which is 192% above its 10-year median of 9.96. GuruFocus rates NSE:STAR with a GF Score™ of 70/100 and a GF Value™ of ₹777.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 978 Drug Manufacturers companies, Strides Pharma Science ranks better than 77.91% 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. Strides Pharma Science's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.10%.

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

NSE:STAR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.41   Med: 9.96   Max: 34.85
Current: 34.85

During the past 13 years, Strides Pharma Science's highest ROC (Joel Greenblatt) % was 34.85%. The lowest was -19.41%. And the median was 9.96%.

NSE:STAR's ROC (Joel Greenblatt) % is ranked better than
77.91% of 978 companies
in the Drug Manufacturers industry
Industry Median: 11.45 vs NSE:STAR: 34.85

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


Strides Pharma Science  (NSE:STAR) 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.


Strides Pharma Science ROC (Joel Greenblatt) % Related Terms


Strides Pharma Science ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Strides Pharma Science'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.

Strides Pharma Science ROC (Joel Greenblatt) % Chart

Strides Pharma Science Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.41 -2.47 4.71 30.89 34.04

Strides Pharma Science Quarterly Data
Jun21 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 26.44 28.60 34.41 49.89 29.10

NSE:STAR vs ZTS, UTHR: ROC (Joel Greenblatt) % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Strides Pharma Science'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.


Strides Pharma Science ROC (Joel Greenblatt) % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Strides Pharma Science's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Strides Pharma Science's ROC (Joel Greenblatt) % falls into.


NSE:STAR
70GF Score
Strides Pharma Science Ltd NSE:STAR
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strides Pharma Science 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)
=(12889.64 + 16347.94 + 2710.94) - (13580.75 + 0 + 3835.91)
=14531.86

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Strides Pharma Science 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 )
=7585.2/( ( (0 + max(0, 0)) + (11535.53 + max(14531.86, 0)) )/ 1 )
=7585.2/( ( 0 + 26067.39 )/ 1 )
=7585.2/26067.39
=29.10 %

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 29.10% mean?
Strides Pharma Science (NSE:STAR) has a ROC (Joel Greenblatt) % of 29.10% 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 Strides Pharma Science and its competitors. This is 192% above median its historical median of 9.96. According to the industry distribution chart, Strides Pharma Science ranks #216 out of 978 companies in the Drug Manufacturers industry, placing it in the top 22.1%.
Is Strides Pharma Science's ROC (Joel Greenblatt) % too high?
Strides Pharma Science's current ROC (Joel Greenblatt) % of 29.10% is 192% above median its 10-year median of 9.96. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.45. Strides Pharma Science's value of 29.10% is 154.1% above this industry median. Based on the distribution chart, Strides Pharma Science ranks #216 out of 978 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Strides Pharma Science has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Strides Pharma Science's ROC (Joel Greenblatt) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Strides Pharma Science ranks #216 out of 978 companies for ROC (Joel Greenblatt) %. This places Strides Pharma Science in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.45. Strides Pharma Science's value of 29.10% is 154.1% above this benchmark. While the company's 10-year median is 9.96 vs. the industry median of 11.45, Strides Pharma Science 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.45, based on 978 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. Strides Pharma Science's current ROC (Joel Greenblatt) % of 29.10% is 154.1% 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 Strides Pharma Science and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strides Pharma Science's current ROC (Joel Greenblatt) % is 29.10%, which is 192% above median its own 10-year median of 9.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strides Pharma Science stock overvalued right now?
Based on GuruFocus' analysis, Strides Pharma Science (NSE:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹777.97, compared to a current price of ₹1,080.80 — trading 38.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.10%, which is 192% above median its 10-year median of 9.96 and 154.1% above the Drug Manufacturers industry median of 11.45. Strides Pharma Science's overall GF Score™ is 70/100 with 4 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 Strides Pharma Science (NSE:STAR), the current ROC (Joel Greenblatt) % is 29.10% 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 Strides Pharma Science (NSE:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, Strides Pharma Science stock appears to be overvalued. The current stock price of ₹1,080.80 is trading 38.9% above its estimated GF Value™ of ₹777.97. GuruFocus considers Strides Pharma Science to be Significantly Overvalued.

Key valuation signals for NSE:STAR:

  • ROC (Joel Greenblatt) %: 29.10% (192% above median its 10-year median of 9.96)
  • GF Value™: ₹777.97 vs. price of ₹1,080.80 (38.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 154.1% above the Drug Manufacturers median (#216 of 978)

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


Strides Pharma Science Business Description

Other Exchanges 532531:India
Address Bannerghatta Road, Strides House, Bilekahalli, Bengaluru, KA, IND, 560076
Strides Pharma Science Ltd develops and manufactures a wide range of IP-led niche pharmaceutical products. Its diverse portfolio spans complex generics across multiple dosage forms, including tablets, hard capsules, sachets, liquids, nasal sprays, topicals, and controlled substances. It also manufactures drugs in the anti-retroviral, anti-malarial, anti-tuberculosis, Hepatitis, and other infectious disease drug segments for its institutional business. The customers for this business include institutionally funded aid projects and procurement agencies. With its R&D, integration, and distribution network, the company brings differentiated products to market across the U.S., Australia, Europe, Africa, and Emerging Markets. Geographically, it generates maximum revenue from North America.
70GF Score

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

₹1,080.80
Price
₹777.97
GF Value