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Steel City SecuritiesNSE:STEELCITY -0.12%81 ROC (Joel Greenblatt) % is 15.68% as of Mar. 2026, which is 48% below its 10-year median of 29.89. GuruFocus rates NSE:STEELCITY with a GF Score™ of 81/100 and a GF Value™ of ₹93.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 676 Capital Markets companies, Steel City Securities ranks worse than 56.07% 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 City Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.68%.
The historical rank and industry rank for Steel City Securities's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:STEELCITY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.45 Med: 29.89 Max: 87.65
Current: 22.24
During the past 13 years, Steel City Securities's highest ROC (Joel Greenblatt) % was 87.65%. The lowest was 16.45%. And the median was 29.89%.
NSE:STEELCITY's ROC (Joel Greenblatt) % is ranked worse than 56.07% of 676
companies
in the Capital Markets industry
Industry Median: 34.895
vs NSE:STEELCITY: 22.24
Steel City Securities's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.80% per year.
Steel City Securities (NSE:STEELCITY) 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.
Steel City Securities ROC (Joel Greenblatt) % Related Terms
Steel City Securities ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Steel City Securities'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.
Steel City Securities ROC (Joel Greenblatt) % Chart
NSE:STEELCITY vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Steel City Securities'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 City Securities ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Steel City Securities's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Steel City Securities's ROC (Joel Greenblatt) % falls into.
Steel City Securities 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:
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 15.68% mean?
Steel City Securities (NSE:STEELCITY) has a ROC (Joel Greenblatt) % of 15.68% 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 Steel City Securities and its competitors. This is 48% below median its historical median of 29.89. Over the past decade, Steel City Securities' ROC (Joel Greenblatt) % has ranged from 16.45 to 87.65. According to the industry distribution chart, Steel City Securities ranks #379 out of 676 companies in the Capital Markets industry, placing it in the top 56.1%.
Is Steel City Securities' ROC (Joel Greenblatt) % too high?
Steel City Securities' current ROC (Joel Greenblatt) % of 15.68% is 48% below median its 10-year median of 29.89. Over the past 10 years, this metric has ranged from a low of 16.45 to a high of 87.65. The Capital Markets industry median ROC (Joel Greenblatt) % is 34.90. Steel City Securities' value of 15.68% is 55.1% below this industry median. Based on the distribution chart, Steel City Securities ranks #379 out of 676 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Steel City Securities has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel City Securities' ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Steel City Securities ranks #379 out of 676 companies for ROC (Joel Greenblatt) %. This places Steel City Securities in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 34.90. Steel City Securities' value of 15.68% is 55.1% below this benchmark. Historically, Steel City Securities' own ROC (Joel Greenblatt) % has ranged from 16.45 to 87.65 over the past decade. While the company's 10-year median is 29.89 vs. the industry median of 34.90, Steel City Securities has consistently been below 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.90, based on 676 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 City Securities's current ROC (Joel Greenblatt) % of 15.68% is 55.1% below 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 City Securities and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel City Securities's current ROC (Joel Greenblatt) % is 15.68%, which is 48% below median its own 10-year median of 29.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel City Securities stock overvalued right now?
Based on GuruFocus' analysis, Steel City Securities (NSE:STEELCITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹93.82, compared to a current price of ₹75.25 — trading 19.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.68%, which is 48% below median its 10-year median of 29.89 and 55.1% below the Capital Markets industry median of 34.90. Steel City Securities' overall GF Score™ is 81/100 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 Steel City Securities (NSE:STEELCITY), the current ROC (Joel Greenblatt) % is 15.68% 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 Steel City Securities (NSE:STEELCITY) Overvalued in 2026?
Based on GuruFocus' analysis, Steel City Securities stock appears to be undervalued.
The current stock price of ₹75.25 is trading 19.8% below its estimated GF Value™ of ₹93.82.
GuruFocus considers Steel City Securities to be Modestly Undervalued.
Key valuation signals for NSE:STEELCITY:
ROC (Joel Greenblatt) %: 15.68% (48% below median its 10-year median of 29.89)
GF Value™: ₹93.82 vs. price of ₹75.25 (19.8% below fair value)
Industry Position: 55.1% below the Capital Markets median (#379 of 676)
No single metric tells the full story. See the NSE:STEELCITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Services of EA of UIDAI, Corporate insurance agents, and marketing support services. The operating segment of the company are Stock Broking and DP Operations; and E-Governance Operations. It generates maximum revenue from the Stockbroking and DP Operations.
81GF Score
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