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Viyash ScientificNSE:VIYASH +0.23%68 ROC (Joel Greenblatt) % is 23.34% as of Mar. 2026, which is 141% above its 10-year median of 9.70. GuruFocus rates NSE:VIYASH with a GF Score™ of 68/100 and a GF Value™ of ₹174.89 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 981 Drug Manufacturers companies, Viyash Scientific ranks better than 67.48% 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. Viyash Scientific's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.34%.
The historical rank and industry rank for Viyash Scientific's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:VIYASH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.06 Med: 9.7 Max: 23.66
Current: 17.48
During the past 13 years, Viyash Scientific's highest ROC (Joel Greenblatt) % was 23.66%. The lowest was -14.06%. And the median was 9.70%.
NSE:VIYASH's ROC (Joel Greenblatt) % is ranked better than 67.48% of 981
companies
in the Drug Manufacturers industry
Industry Median: 11.53
vs NSE:VIYASH: 17.48
Viyash Scientific'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.
Viyash Scientific ROC (Joel Greenblatt) % Related Terms
Viyash Scientific ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Viyash Scientific'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:VIYASH vs ZTS, UTHR: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Viyash Scientific'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.
Viyash Scientific ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Viyash Scientific's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Viyash Scientific'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 23.34% mean?
Viyash Scientific (NSE:VIYASH) has a ROC (Joel Greenblatt) % of 23.34% 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 Viyash Scientific and its competitors. This is 141% above median its historical median of 9.70. According to the industry distribution chart, Viyash Scientific ranks #319 out of 981 companies in the Drug Manufacturers industry, placing it in the top 32.5%.
Is Viyash Scientific's ROC (Joel Greenblatt) % too high?
Viyash Scientific's current ROC (Joel Greenblatt) % of 23.34% is 141% above median its 10-year median of 9.70. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.53. Viyash Scientific's value of 23.34% is 102.4% above this industry median. Based on the distribution chart, Viyash Scientific ranks #319 out of 981 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Viyash Scientific has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viyash Scientific's ROC (Joel Greenblatt) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Viyash Scientific ranks #319 out of 981 companies for ROC (Joel Greenblatt) %. This puts Viyash Scientific in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.53. Viyash Scientific's value of 23.34% is 102.4% above this benchmark. While the company's 10-year median is 9.70 vs. the industry median of 11.53, Viyash Scientific 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.53, based on 981 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. Viyash Scientific's current ROC (Joel Greenblatt) % of 23.34% is 102.4% 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 Viyash Scientific and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viyash Scientific's current ROC (Joel Greenblatt) % is 23.34%, which is 141% above median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viyash Scientific stock overvalued right now?
Based on GuruFocus' analysis, Viyash Scientific (NSE:VIYASH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹174.89, compared to a current price of ₹265.15 — trading 51.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 23.34%, which is 141% above median its 10-year median of 9.70 and 102.4% above the Drug Manufacturers industry median of 11.53. Viyash Scientific's overall GF Score™ is 68/100 with 2 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 Viyash Scientific (NSE:VIYASH), the current ROC (Joel Greenblatt) % is 23.34% 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 Viyash Scientific (NSE:VIYASH) Overvalued in 2026?
Based on GuruFocus' analysis, Viyash Scientific stock appears to be overvalued.
The current stock price of ₹265.15 is trading 51.6% above its estimated GF Value™ of ₹174.89.
GuruFocus considers Viyash Scientific to be Significantly Overvalued.
Key valuation signals for NSE:VIYASH:
ROC (Joel Greenblatt) %: 23.34% (141% above median its 10-year median of 9.70)
GF Value™: ₹174.89 vs. price of ₹265.15 (51.6% above fair value)
Industry Position: 102.4% above the Drug Manufacturers median (#319 of 981)
No single metric tells the full story. See the NSE:VIYASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viyash Scientific Ltd is a pharmaceutical company with activities spanning formulations, active pharmaceutical ingredients (APIs), and intermediates. It is focused on research and development infrastructure for APIs and formulations. Its product portfolio spans several therapeutic areas, including ARV, cardiovascular, central nervous system, analgesics, antibiotics, antihistamines, diabetes, gastrointestinal, anticoagulants, and oncology.
68GF Score
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