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Texmo Pipes & ProductsNSE:TEXMOPIPES +0.78%66 ROC (Joel Greenblatt) % is 9.13% as of Mar. 2026, which is 52% above its 10-year median of 6.01. GuruFocus rates NSE:TEXMOPIPES with a GF Score™ of 66/100 and a GF Value™ of ₹48.95 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,780 Construction companies, Texmo Pipes & Products ranks worse than 66.35% 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. Texmo Pipes & Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.13%.
The historical rank and industry rank for Texmo Pipes & Products's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:TEXMOPIPES'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.83 Med: 6.01 Max: 12.82
Current: 9.42
During the past 13 years, Texmo Pipes & Products's highest ROC (Joel Greenblatt) % was 12.82%. The lowest was -26.83%. And the median was 6.01%.
NSE:TEXMOPIPES's ROC (Joel Greenblatt) % is ranked worse than 66.35% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs NSE:TEXMOPIPES: 9.42
Texmo Pipes & Products'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.
Texmo Pipes & Products ROC (Joel Greenblatt) % Related Terms
Texmo Pipes & Products ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Texmo Pipes & Products'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:TEXMOPIPES vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Texmo Pipes & Products'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.
Texmo Pipes & Products ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Texmo Pipes & Products's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Texmo Pipes & Products'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 9.13% mean?
Texmo Pipes & Products (NSE:TEXMOPIPES) has a ROC (Joel Greenblatt) % of 9.13% 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 Texmo Pipes & Products and its competitors. This is 52% above median its historical median of 6.01. According to the industry distribution chart, Texmo Pipes & Products ranks #1181 out of 1780 companies in the Construction industry, placing it in the top 66.3%.
Is Texmo Pipes & Products' ROC (Joel Greenblatt) % too high?
Texmo Pipes & Products' current ROC (Joel Greenblatt) % of 9.13% is 52% above median its 10-year median of 6.01. The Construction industry median ROC (Joel Greenblatt) % is 19.77. Texmo Pipes & Products' value of 9.13% is 53.8% below this industry median. Based on the distribution chart, Texmo Pipes & Products ranks #1181 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, Texmo Pipes & Products has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Texmo Pipes & Products' ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Texmo Pipes & Products ranks #1181 out of 1780 companies for ROC (Joel Greenblatt) %. This places Texmo Pipes & Products in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.77. Texmo Pipes & Products' value of 9.13% is 53.8% below this benchmark. While the company's 10-year median is 6.01 vs. the industry median of 19.77, Texmo Pipes & Products 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.77, based on 1,780 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. Texmo Pipes & Products's current ROC (Joel Greenblatt) % of 9.13% is 53.8% 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 Texmo Pipes & Products and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texmo Pipes & Products's current ROC (Joel Greenblatt) % is 9.13%, which is 52% above median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texmo Pipes & Products stock overvalued right now?
Based on GuruFocus' analysis, Texmo Pipes & Products (NSE:TEXMOPIPES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹48.95, compared to a current price of ₹42.88 — trading 12.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.13%, which is 52% above median its 10-year median of 6.01 and 53.8% below the Construction industry median of 19.77. Texmo Pipes & Products' overall GF Score™ is 66/100 with 3 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 Texmo Pipes & Products (NSE:TEXMOPIPES), the current ROC (Joel Greenblatt) % is 9.13% 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 Texmo Pipes & Products (NSE:TEXMOPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Texmo Pipes & Products stock appears to be undervalued.
The current stock price of ₹42.88 is trading 12.4% below its estimated GF Value™ of ₹48.95.
GuruFocus considers Texmo Pipes & Products to be Modestly Undervalued.
Key valuation signals for NSE:TEXMOPIPES:
ROC (Joel Greenblatt) %: 9.13% (52% above median its 10-year median of 6.01)
GF Value™: ₹48.95 vs. price of ₹42.88 (12.4% below fair value)
Industry Position: 53.8% below the Construction median (#1181 of 1780)
No single metric tells the full story. See the NSE:TEXMOPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texmo Pipes & Products Ltd is a pipe and fittings manufacturing company based in India. The company's primary products include plastic products. Its product portfolio comprises SWR pipes and fittings, CPVC pipes, conduit pipes, drip inline, moulded fittings of PVC, plumbing pipes and fittings, sprinkler fittings, casing pipes for tubewell, and others. PVC pipes serve as the revenue driver amongst the other products of the company. The group caters its products to the government and private sectors within India and abroad.
66GF Score
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