Visdem Technosys (NSE:VISDEM) ROC (Joel Greenblatt) %: 24.90% (As of Mar. 2025) — Near Median

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NSE:VISDEM Visdem Technosys Ltd NSE:VISDEM
17 GF Score
Price ₹84.35
! 1 Warning Sign
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What is Visdem Technosys ROC (Joel Greenblatt) %?

Visdem Technosys NSE:VISDEM +3.43% 17 ROC (Joel Greenblatt) % is 24.90% as of Mar. 2025, which is 2% above its 10-year median of 24.33. GuruFocus rates NSE:VISDEM with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,492 Hardware companies, Visdem Technosys ranks better than 72.87% 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. Visdem Technosys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 24.90%.

The historical rank and industry rank for Visdem Technosys's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:VISDEM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.66   Med: 24.33   Max: 48.48
Current: 24.9

During the past 5 years, Visdem Technosys's highest ROC (Joel Greenblatt) % was 48.48%. The lowest was 16.66%. And the median was 24.33%.

NSE:VISDEM's ROC (Joel Greenblatt) % is ranked better than
72.87% of 2492 companies
in the Hardware industry
Industry Median: 10.35 vs NSE:VISDEM: 24.90

Visdem Technosys's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Visdem Technosys  (NSE:VISDEM) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Visdem Technosys ROC (Joel Greenblatt) % Related Terms


Visdem Technosys ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Visdem Technosys'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.

Visdem Technosys ROC (Joel Greenblatt) % Chart

Visdem Technosys Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
16.66 24.33 48.48 19.74 24.90

Visdem Technosys Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) % 16.66 24.33 48.48 19.74 24.90

NSE:VISDEM vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, Visdem Technosys'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.


Visdem Technosys ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Visdem Technosys's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Visdem Technosys's ROC (Joel Greenblatt) % falls into.


NSE:VISDEM
17GF Score
Visdem Technosys Ltd NSE:VISDEM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Visdem Technosys ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.762 + 229.215 + 70.054) - (56.658 + 0 + 12.905)
=315.468

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.173 + 299.926 + 113.496) - (93.898 + 0 + 22.601)
=389.096

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Visdem Technosys for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=133.603/( ( (135 + max(315.468, 0)) + (233.691 + max(389.096, 0)) )/ 2 )
=133.603/( ( 450.468 + 622.787 )/ 2 )
=133.603/536.6275
=24.90 %

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 24.90% mean?
Visdem Technosys (NSE:VISDEM) has a ROC (Joel Greenblatt) % of 24.90% 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 Visdem Technosys and its competitors. This is near median its historical median of 24.33. Over the past decade, Visdem Technosys' ROC (Joel Greenblatt) % has ranged from 16.66 to 48.48. According to the industry distribution chart, Visdem Technosys ranks #676 out of 2492 companies in the Hardware industry, placing it in the top 27.1%.
Is Visdem Technosys' ROC (Joel Greenblatt) % too high?
Visdem Technosys' current ROC (Joel Greenblatt) % of 24.90% is near median its 10-year median of 24.33. Over the past 10 years, this metric has ranged from a low of 16.66 to a high of 48.48. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Visdem Technosys' value of 24.90% is 140.6% above this industry median. Based on the distribution chart, Visdem Technosys ranks #676 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Visdem Technosys has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Visdem Technosys' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Visdem Technosys ranks #676 out of 2492 companies for ROC (Joel Greenblatt) %. This puts Visdem Technosys in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.35. Visdem Technosys' value of 24.90% is 140.6% above this benchmark. Historically, Visdem Technosys' own ROC (Joel Greenblatt) % has ranged from 16.66 to 48.48 over the past decade. While the company's 10-year median is 24.33 vs. the industry median of 10.35, Visdem Technosys 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,492 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. Visdem Technosys's current ROC (Joel Greenblatt) % of 24.90% is 140.6% 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 Visdem Technosys and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visdem Technosys's current ROC (Joel Greenblatt) % is 24.90%, which is near median its own 10-year median of 24.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visdem Technosys stock overvalued right now?
Visdem Technosys (NSE:VISDEM) has a current ROC (Joel Greenblatt) % of 24.90%. The current ROC (Joel Greenblatt) % is 24.90%, which is near median its 10-year median of 24.33 and 140.6% above the Hardware industry median of 10.35. Visdem Technosys' overall GF Score™ is 17/100 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 Visdem Technosys (NSE:VISDEM), the current ROC (Joel Greenblatt) % is 24.90% 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.

Visdem Technosys Business Description

Address Prime Trade Centre, A - 201, 2nd Floor, Above Model Co-Op Bank, Sativali, Vasai (East), Palghar, MH, IND, 401208
Visdem Technosys Ltd, formerly Kundan Edifice Ltd is a Company engaged in manufacturing, assembly, and sale of light-emitting diode (LED) strip lights. The company provides lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment, which is the business of Manufacturing & Selling LED Strip Lights.
17GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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