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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. Turtlemint Fintech Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -218.75%.
The historical rank and industry rank for Turtlemint Fintech Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:TURTLEMINT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -730.56 Med: -433.3 Max: -218.75
Current: -218.75
During the past 3 years, Turtlemint Fintech Solutions's highest ROC (Joel Greenblatt) % was -218.75%. The lowest was -730.56%. And the median was -433.30%.
NSE:TURTLEMINT's ROC (Joel Greenblatt) % is ranked worse than 90.91% of 66
companies
in the Insurance industry
Industry Median: 74.89
vs NSE:TURTLEMINT: -218.75
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.
* 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:TURTLEMINT vs MRSH, AON, AJG: ROC (Joel Greenblatt) % Comparison
For the Insurance Brokers subindustry, Turtlemint Fintech Solutions'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.
Turtlemint Fintech Solutions ROC (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Turtlemint Fintech Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Turtlemint Fintech Solutions'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 one times the 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 -218.75% mean?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a ROC (Joel Greenblatt) % of -218.75% 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 Turtlemint Fintech Solutions and its competitors. According to the industry distribution chart, Turtlemint Fintech Solutions ranks #60 out of 66 companies in the Insurance industry, placing it in the top 90.9%.
Is Turtlemint Fintech Solutions' ROC (Joel Greenblatt) % too high?
Turtlemint Fintech Solutions' current ROC (Joel Greenblatt) % is -218.75%. Based on the distribution chart, Turtlemint Fintech Solutions ranks #60 out of 66 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Turtlemint Fintech Solutions has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Turtlemint Fintech Solutions' ROC (Joel Greenblatt) % compare to MRSH and AON?
According to the Insurance industry distribution chart, Turtlemint Fintech Solutions ranks #60 out of 66 companies for ROC (Joel Greenblatt) %. This places Turtlemint Fintech Solutions in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 74.89. 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 an Insurance company?
The median ROC (Joel Greenblatt) % among Insurance companies is 74.89, based on 66 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. 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 Turtlemint Fintech Solutions and its competitors. For the Insurance industry, the median ROC (Joel Greenblatt) % is 74.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turtlemint Fintech Solutions's current ROC (Joel Greenblatt) % is -218.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtlemint Fintech Solutions stock overvalued right now?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a current ROC (Joel Greenblatt) % of -218.75%. The current ROC (Joel Greenblatt) % is -218.75%. Turtlemint Fintech Solutions' overall GF Score™ is 8/100 with 1 warning sign 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 Turtlemint Fintech Solutions (NSE:TURTLEMINT), the current ROC (Joel Greenblatt) % is -218.75% 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.
Turtlemint Fintech Solutions Ltd is engaged in the business of providing information technology and business support services, advertising and marketing services and distribution of mutual funds. It also provides insurance broking services for retail insurance products such as motor, health, and life insurance. The company owns the TurtlemintPro application, which is used to facilitate the promotion of its services. It derives the majority of its revenue from general insurance companies, arising from the sale of motor insurance products.
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