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V-Marc IndiaNSE:VMARCIND -2.31%73 ROC (Joel Greenblatt) % is 52.44% as of Mar. 2026, which is 198% above its 10-year median of 17.58. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹152.89 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,060 Industrial Products companies, V-Marc India ranks better than 87.16% 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-Marc India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 52.44%.
The historical rank and industry rank for V-Marc India's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:VMARCIND'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.06 Med: 17.58 Max: 44.21
Current: 44.17
During the past 9 years, V-Marc India's highest ROC (Joel Greenblatt) % was 44.21%. The lowest was 12.06%. And the median was 17.58%.
NSE:VMARCIND's ROC (Joel Greenblatt) % is ranked better than 87.16% of 3060
companies
in the Industrial Products industry
Industry Median: 11.73
vs NSE:VMARCIND: 44.17
V-Marc India's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.10% per year.
V-Marc India (NSE:VMARCIND) 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.
V-Marc India ROC (Joel Greenblatt) % Related Terms
V-Marc India ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for V-Marc India'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:VMARCIND vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, V-Marc India'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-Marc India ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, V-Marc India's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where V-Marc India'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 two times the semi-annual (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 52.44% mean?
V-Marc India (NSE:VMARCIND) has a ROC (Joel Greenblatt) % of 52.44% 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 V-Marc India and its competitors. This is 198% above median its historical median of 17.58. Over the past decade, V-Marc India's ROC (Joel Greenblatt) % has ranged from 12.06 to 44.21. According to the industry distribution chart, V-Marc India ranks #393 out of 3060 companies in the Industrial Products industry, placing it in the top 12.8%.
Is V-Marc India's ROC (Joel Greenblatt) % too high?
V-Marc India's current ROC (Joel Greenblatt) % of 52.44% is 198% above median its 10-year median of 17.58. Over the past 10 years, this metric has ranged from a low of 12.06 to a high of 44.21. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. V-Marc India's value of 52.44% is 347.1% above this industry median. Based on the distribution chart, V-Marc India ranks #393 out of 3060 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V-Marc India's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Marc India ranks #393 out of 3060 companies for ROC (Joel Greenblatt) %. This places V-Marc India in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.73. V-Marc India's value of 52.44% is 347.1% above this benchmark. Historically, V-Marc India's own ROC (Joel Greenblatt) % has ranged from 12.06 to 44.21 over the past decade. While the company's 10-year median is 17.58 vs. the industry median of 11.73, V-Marc India 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 11.73, based on 3,060 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-Marc India's current ROC (Joel Greenblatt) % of 52.44% is 347.1% 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-Marc India and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Marc India's current ROC (Joel Greenblatt) % is 52.44%, which is 198% above median its own 10-year median of 17.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Marc India stock overvalued right now?
Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹152.89, compared to a current price of ₹276.65 — trading 80.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 52.44%, which is 198% above median its 10-year median of 17.58 and 347.1% above the Industrial Products industry median of 11.73. V-Marc India's overall GF Score™ is 73/100 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 V-Marc India (NSE:VMARCIND), the current ROC (Joel Greenblatt) % is 52.44% 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?
Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued.
The current stock price of ₹276.65 is trading 80.9% above its estimated GF Value™ of ₹152.89.
GuruFocus considers V-Marc India to be Significantly Overvalued.
Key valuation signals for NSE:VMARCIND:
ROC (Joel Greenblatt) %: 52.44% (198% above median its 10-year median of 17.58)
GF Value™: ₹152.89 vs. price of ₹276.65 (80.9% above fair value)
Industry Position: 347.1% above the Industrial Products median (#393 of 3060)
No single metric tells the full story. See the NSE:VMARCIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.
73GF Score
Get the complete analysis for NSE:VMARCIND
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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