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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. Teerth Gopicon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 13.79%.
The historical rank and industry rank for Teerth Gopicon's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:TGL's ROC (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 19.56 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
Teerth Gopicon'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.
Teerth Gopicon ROC (Joel Greenblatt) % Related Terms
Teerth Gopicon ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Teerth Gopicon'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:TGL vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Teerth Gopicon'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.
Teerth Gopicon ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Teerth Gopicon's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Teerth Gopicon'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 two times the semi-annual (Mar. 2025) 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 13.79% mean?
Teerth Gopicon (NSE:TGL) has a ROC (Joel Greenblatt) % of 13.79% as of Mar. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Teerth Gopicon and its competitors.
Is Teerth Gopicon's ROC (Joel Greenblatt) % too high?
Teerth Gopicon's current ROC (Joel Greenblatt) % is 13.79%. The Construction industry median ROC (Joel Greenblatt) % is 19.56. Teerth Gopicon's value of 13.79% is 29.5% below this industry median. Overall, Teerth Gopicon has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Teerth Gopicon's ROC (Joel Greenblatt) % compare to PWR and FIX?
Teerth Gopicon's ROC (Joel Greenblatt) % of 13.79% can be compared against companies in the Construction industry. The industry median ROC (Joel Greenblatt) % is 19.56. Teerth Gopicon's value of 13.79% is 29.5% below this benchmark. 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 19.56, based on 1,782 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. Teerth Gopicon's current ROC (Joel Greenblatt) % of 13.79% is 29.5% 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 Teerth Gopicon and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teerth Gopicon's current ROC (Joel Greenblatt) % is 13.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teerth Gopicon stock overvalued right now?
Teerth Gopicon (NSE:TGL) has a current ROC (Joel Greenblatt) % of 13.79%. The current ROC (Joel Greenblatt) % is 13.79% and 29.5% below the Construction industry median of 19.56. Teerth Gopicon's overall GF Score™ is 13/100. 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 Teerth Gopicon (NSE:TGL), the current ROC (Joel Greenblatt) % is 13.79% as of Mar. 2025. 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.
Teerth Gopicon Ltd is a construction company specializing in infrastructure projects such as roads, sewerage, water supply, and building works, mainly in Madhya Pradesh. The company also provides services in dams, canals, auditoriums, repair and renovation, overhead tanks, gabion works, compound walls, and water and sewage treatment plants. Recently, it expanded its business into renewable energy, focusing on solar projects, operating through two key segments: infrastructure and renewable energy.
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