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V-Guard IndustriesNSE:VGUARD +3.87%88 ROC (Joel Greenblatt) % is 45.71% as of Jun. 2026, which is 46% above its 10-year median of 31.34. GuruFocus rates NSE:VGUARD with a GF Score™ of 88/100 and a GF Value™ of ₹430.58 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 3,062 Industrial Products companies, V-Guard Industries ranks better than 81.12% 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. V-Guard Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 45.71%.
The historical rank and industry rank for V-Guard Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:VGUARD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.29 Med: 31.34 Max: 42.99
Current: 33.4
During the past 13 years, V-Guard Industries's highest ROC (Joel Greenblatt) % was 42.99%. The lowest was 20.29%. And the median was 31.34%.
NSE:VGUARD's ROC (Joel Greenblatt) % is ranked better than 81.12% of 3062
companies
in the Industrial Products industry
Industry Median: 11.585
vs NSE:VGUARD: 33.40
V-Guard Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.10% 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.
V-Guard Industries ROC (Joel Greenblatt) % Related Terms
V-Guard Industries ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for V-Guard Industries'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:VGUARD vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, V-Guard Industries'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.
V-Guard Industries ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, V-Guard Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where V-Guard Industries'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 (Jun. 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 45.71% mean?
V-Guard Industries (NSE:VGUARD) has a ROC (Joel Greenblatt) % of 45.71% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on V-Guard Industries and its competitors. This is 46% above median its historical median of 31.34. Over the past decade, V-Guard Industries' ROC (Joel Greenblatt) % has ranged from 20.29 to 42.99. According to the industry distribution chart, V-Guard Industries ranks #578 out of 3062 companies in the Industrial Products industry, placing it in the top 18.9%.
Is V-Guard Industries' ROC (Joel Greenblatt) % too high?
V-Guard Industries' current ROC (Joel Greenblatt) % of 45.71% is 46% above median its 10-year median of 31.34. Over the past 10 years, this metric has ranged from a low of 20.29 to a high of 42.99. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. V-Guard Industries' value of 45.71% is 294.6% above this industry median. Based on the distribution chart, V-Guard Industries ranks #578 out of 3062 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, V-Guard Industries has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Guard Industries ranks #578 out of 3062 companies for ROC (Joel Greenblatt) %. This places V-Guard Industries in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.59. V-Guard Industries' value of 45.71% is 294.6% above this benchmark. Historically, V-Guard Industries' own ROC (Joel Greenblatt) % has ranged from 20.29 to 42.99 over the past decade. While the company's 10-year median is 31.34 vs. the industry median of 11.59, V-Guard Industries 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.59, based on 3,062 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. V-Guard Industries's current ROC (Joel Greenblatt) % of 45.71% is 294.6% 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 V-Guard Industries and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Guard Industries's current ROC (Joel Greenblatt) % is 45.71%, which is 46% above median its own 10-year median of 31.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹430.58, compared to a current price of ₹322.25 — trading 25.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 45.71%, which is 46% above median its 10-year median of 31.34 and 294.6% above the Industrial Products industry median of 11.59. V-Guard Industries' overall GF Score™ is 88/100 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 V-Guard Industries (NSE:VGUARD), the current ROC (Joel Greenblatt) % is 45.71% as of Jun. 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?
Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued.
The current stock price of ₹322.25 is trading 25.2% below its estimated GF Value™ of ₹430.58.
GuruFocus considers V-Guard Industries to be Modestly Undervalued.
Key valuation signals for NSE:VGUARD:
ROC (Joel Greenblatt) %: 45.71% (46% above median its 10-year median of 31.34)
GF Value™: ₹430.58 vs. price of ₹322.25 (25.2% below fair value)
Industry Position: 294.6% above the Industrial Products median (#578 of 3062)
No single metric tells the full story. See the NSE:VGUARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
88GF Score
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