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Uttam Sugar MillsNSE:UTTAMSUGAR -0.26%74 ROC (Joel Greenblatt) % is 20.28% as of Mar. 2026, which is 24% above its 10-year median of 16.34. GuruFocus rates NSE:UTTAMSUGAR with a GF Score™ of 74/100 and a GF Value™ of ₹353.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Uttam Sugar Mills ranks better than 50.2% 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. Uttam Sugar Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.28%.
The historical rank and industry rank for Uttam Sugar Mills's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:UTTAMSUGAR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.48 Med: 16.34 Max: 25
Current: 12.11
During the past 13 years, Uttam Sugar Mills's highest ROC (Joel Greenblatt) % was 25.00%. The lowest was 10.48%. And the median was 16.34%.
NSE:UTTAMSUGAR's ROC (Joel Greenblatt) % is ranked better than 50.2% of 1980
companies
in the Consumer Packaged Goods industry
Industry Median: 12.045
vs NSE:UTTAMSUGAR: 12.11
Uttam Sugar Mills's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -12.10% 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.
Uttam Sugar Mills ROC (Joel Greenblatt) % Related Terms
Uttam Sugar Mills ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Uttam Sugar Mills'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:UTTAMSUGAR vs MDLZ, HSY, TR: ROC (Joel Greenblatt) % Comparison
For the Confectioners subindustry, Uttam Sugar Mills'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.
Uttam Sugar Mills ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Uttam Sugar Mills's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Uttam Sugar Mills'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 20.28% mean?
Uttam Sugar Mills (NSE:UTTAMSUGAR) has a ROC (Joel Greenblatt) % of 20.28% 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 Uttam Sugar Mills and its competitors. This is 24% above median its historical median of 16.34. Over the past decade, Uttam Sugar Mills' ROC (Joel Greenblatt) % has ranged from 10.48 to 25.00. According to the industry distribution chart, Uttam Sugar Mills ranks #986 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 49.8%.
Is Uttam Sugar Mills' ROC (Joel Greenblatt) % too high?
Uttam Sugar Mills' current ROC (Joel Greenblatt) % of 20.28% is 24% above median its 10-year median of 16.34. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 25.00. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.05. Uttam Sugar Mills' value of 20.28% is 68.4% above this industry median. Based on the distribution chart, Uttam Sugar Mills ranks #986 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Uttam Sugar Mills has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uttam Sugar Mills' ROC (Joel Greenblatt) % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Uttam Sugar Mills ranks #986 out of 1980 companies for ROC (Joel Greenblatt) %. This puts Uttam Sugar Mills in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Uttam Sugar Mills' value of 20.28% is 68.4% above this benchmark. Historically, Uttam Sugar Mills' own ROC (Joel Greenblatt) % has ranged from 10.48 to 25.00 over the past decade. While the company's 10-year median is 16.34 vs. the industry median of 12.05, Uttam Sugar Mills 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.05, based on 1,980 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. Uttam Sugar Mills's current ROC (Joel Greenblatt) % of 20.28% is 68.4% 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 Uttam Sugar Mills and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uttam Sugar Mills's current ROC (Joel Greenblatt) % is 20.28%, which is 24% above median its own 10-year median of 16.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uttam Sugar Mills stock overvalued right now?
Based on GuruFocus' analysis, Uttam Sugar Mills (NSE:UTTAMSUGAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹353.57, compared to a current price of ₹264.29 — trading 25.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.28%, which is 24% above median its 10-year median of 16.34 and 68.4% above the Consumer Packaged Goods industry median of 12.05. Uttam Sugar Mills' overall GF Score™ is 74/100 with 5 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 Uttam Sugar Mills (NSE:UTTAMSUGAR), the current ROC (Joel Greenblatt) % is 20.28% 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 Uttam Sugar Mills (NSE:UTTAMSUGAR) Overvalued in 2026?
Based on GuruFocus' analysis, Uttam Sugar Mills stock appears to be undervalued.
The current stock price of ₹264.29 is trading 25.3% below its estimated GF Value™ of ₹353.57.
GuruFocus considers Uttam Sugar Mills to be Modestly Undervalued.
Key valuation signals for NSE:UTTAMSUGAR:
ROC (Joel Greenblatt) %: 20.28% (24% above median its 10-year median of 16.34)
GF Value™: ₹353.57 vs. price of ₹264.29 (25.3% below fair value)
Industry Position: 68.4% above the Consumer Packaged Goods median (#986 of 1980)
No single metric tells the full story. See the NSE:UTTAMSUGAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uttam Sugar Mills Ltd is an Indian company engaged in manufacturing of Sugar, Industrial Alcohol and Generation of Power. The company operates in segments that include Sugar, Cogeneration, and Distillery. The Sugar segment generates maximum revenue for the company. The Sugar segment gnerates revenue from manufacturing and sale of sugar and its by-products and power. Its products consist of Sulphurfree Sugar, Double Refined, Invert sugar syrup, Natural Brown Sugar, Liquid Sugar, candy, and Others.
74GF Score
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