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West Coast Paper MillsNSE:WSTCSTPAPR -1.11%89 ROC (Joel Greenblatt) % is 13.13% as of Mar. 2026, which is 43% below its 10-year median of 23.17. GuruFocus rates NSE:WSTCSTPAPR with a GF Score™ of 89/100 and a GF Value™ of ₹539.16 (Fairly Valued). The stock has 9 warning signs investors should review. Among 286 Forest Products companies, West Coast Paper Mills ranks better than 73.43% 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. West Coast Paper Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.13%.
The historical rank and industry rank for West Coast Paper Mills's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:WSTCSTPAPR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.92 Med: 23.17 Max: 85.53
Current: 9.94
During the past 13 years, West Coast Paper Mills's highest ROC (Joel Greenblatt) % was 85.53%. The lowest was 1.92%. And the median was 23.17%.
NSE:WSTCSTPAPR's ROC (Joel Greenblatt) % is ranked better than 73.43% of 286
companies
in the Forest Products industry
Industry Median: 4.725
vs NSE:WSTCSTPAPR: 9.94
West Coast Paper Mills's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.10% per year.
West Coast Paper Mills (NSE:WSTCSTPAPR) 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.
West Coast Paper Mills ROC (Joel Greenblatt) % Related Terms
West Coast Paper Mills ROC (Joel Greenblatt) % Historical Data
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The historical data trend for West Coast Paper 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.
West Coast Paper Mills ROC (Joel Greenblatt) % Chart
West Coast Paper Mills ROC (Joel Greenblatt) % Competitor Comparison
For the Paper & Paper Products subindustry, West Coast Paper 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.
West Coast Paper Mills ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, West Coast Paper Mills's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where West Coast Paper Mills's ROC (Joel Greenblatt) % falls into.
West Coast Paper Mills 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:
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 13.13% mean?
West Coast Paper Mills (NSE:WSTCSTPAPR) has a ROC (Joel Greenblatt) % of 13.13% 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 West Coast Paper Mills and its competitors. This is 43% below median its historical median of 23.17. Over the past decade, West Coast Paper Mills' ROC (Joel Greenblatt) % has ranged from 1.92 to 85.53. According to the industry distribution chart, West Coast Paper Mills ranks #76 out of 286 companies in the Forest Products industry, placing it in the top 26.6%.
Is West Coast Paper Mills' ROC (Joel Greenblatt) % too high?
West Coast Paper Mills' current ROC (Joel Greenblatt) % of 13.13% is 43% below median its 10-year median of 23.17. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 85.53. The Forest Products industry median ROC (Joel Greenblatt) % is 4.73. West Coast Paper Mills' value of 13.13% is 177.9% above this industry median. Based on the distribution chart, West Coast Paper Mills ranks #76 out of 286 companies in the Forest Products industry, which is above the industry midpoint. Overall, West Coast Paper Mills has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does West Coast Paper Mills' ROC (Joel Greenblatt) % compare to competitors?
According to the Forest Products industry distribution chart, West Coast Paper Mills ranks #76 out of 286 companies for ROC (Joel Greenblatt) %. This puts West Coast Paper Mills in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 4.73. West Coast Paper Mills' value of 13.13% is 177.9% above this benchmark. Historically, West Coast Paper Mills' own ROC (Joel Greenblatt) % has ranged from 1.92 to 85.53 over the past decade. While the company's 10-year median is 23.17 vs. the industry median of 4.73, West Coast Paper 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.73, based on 286 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. West Coast Paper Mills's current ROC (Joel Greenblatt) % of 13.13% is 177.9% 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 West Coast Paper Mills and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Coast Paper Mills's current ROC (Joel Greenblatt) % is 13.13%, which is 43% below median its own 10-year median of 23.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Coast Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, West Coast Paper Mills (NSE:WSTCSTPAPR) is currently considered Fairly Valued. The stock's GF Value™ is ₹539.16, compared to a current price of ₹520.40 — trading 3.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.13%, which is 43% below median its 10-year median of 23.17 and 177.9% above the Forest Products industry median of 4.73. West Coast Paper Mills' overall GF Score™ is 89/100 with 9 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 West Coast Paper Mills (NSE:WSTCSTPAPR), the current ROC (Joel Greenblatt) % is 13.13% 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 West Coast Paper Mills (NSE:WSTCSTPAPR) Overvalued in 2026?
Based on GuruFocus' analysis, West Coast Paper Mills stock appears to be undervalued.
The current stock price of ₹520.40 is trading 3.5% below its estimated GF Value™ of ₹539.16.
GuruFocus considers West Coast Paper Mills to be Fairly Valued.
Key valuation signals for NSE:WSTCSTPAPR:
ROC (Joel Greenblatt) %: 13.13% (43% below median its 10-year median of 23.17)
GF Value™: ₹539.16 vs. price of ₹520.40 (3.5% below fair value)
Industry Position: 177.9% above the Forest Products median (#76 of 286)
No single metric tells the full story. See the NSE:WSTCSTPAPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West Coast Paper Mills Ltd is engaged in the production of paper and related products. The company's operating segments include Paper, Cables, and Others. The company generates maximum revenue from the Paper segment. The company's product portfolio includes Printing and Writing Paper, MG Variety, Premium Printing Paper, Security and Hi-Value Grade Papers, Business Stationery, Cup Stock, and Coated Duplex Boards. Geographically, all the operations have functioned through the Indian market.
89GF Score
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