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Zenith DrugsNSE:ZENITHDRUG -2.22%35 ROC (Joel Greenblatt) % is 11.87% as of Mar. 2026, which is 53% below its 10-year median of 25.52. GuruFocus rates NSE:ZENITHDRUG with a GF Score™ of 35/100. The stock has 8 warning signs investors should review. Among 982 Drug Manufacturers companies, Zenith Drugs ranks worse than 51.12% 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. Zenith Drugs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.87%.
The historical rank and industry rank for Zenith Drugs's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ZENITHDRUG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.57 Med: 25.52 Max: 28.02
Current: 10.61
During the past 6 years, Zenith Drugs's highest ROC (Joel Greenblatt) % was 28.02%. The lowest was 10.57%. And the median was 25.52%.
NSE:ZENITHDRUG's ROC (Joel Greenblatt) % is ranked worse than 51.12% of 982
companies
in the Drug Manufacturers industry
Industry Median: 11.28
vs NSE:ZENITHDRUG: 10.61
Zenith Drugs's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.00% 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.
Zenith Drugs ROC (Joel Greenblatt) % Related Terms
Zenith Drugs ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Zenith Drugs'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:ZENITHDRUG vs ZTS: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Zenith Drugs'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.
Zenith Drugs ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Zenith Drugs's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Zenith Drugs'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 11.87% mean?
Zenith Drugs (NSE:ZENITHDRUG) has a ROC (Joel Greenblatt) % of 11.87% 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 Zenith Drugs and its competitors. This is 53% below median its historical median of 25.52. Over the past decade, Zenith Drugs' ROC (Joel Greenblatt) % has ranged from 10.57 to 28.02. According to the industry distribution chart, Zenith Drugs ranks #502 out of 982 companies in the Drug Manufacturers industry, placing it in the top 51.1%.
Is Zenith Drugs' ROC (Joel Greenblatt) % too high?
Zenith Drugs' current ROC (Joel Greenblatt) % of 11.87% is 53% below median its 10-year median of 25.52. Over the past 10 years, this metric has ranged from a low of 10.57 to a high of 28.02. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.28. Zenith Drugs' value of 11.87% is 5.2% above this industry median. Based on the distribution chart, Zenith Drugs ranks #502 out of 982 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zenith Drugs has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Zenith Drugs' ROC (Joel Greenblatt) % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zenith Drugs ranks #502 out of 982 companies for ROC (Joel Greenblatt) %. This places Zenith Drugs in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.28. Zenith Drugs' value of 11.87% is 5.2% above this benchmark. Historically, Zenith Drugs' own ROC (Joel Greenblatt) % has ranged from 10.57 to 28.02 over the past decade. While the company's 10-year median is 25.52 vs. the industry median of 11.28, Zenith Drugs 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 11.28, based on 982 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. Zenith Drugs's current ROC (Joel Greenblatt) % of 11.87% is 5.2% 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 Zenith Drugs and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Drugs's current ROC (Joel Greenblatt) % is 11.87%, which is 53% below median its own 10-year median of 25.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Drugs stock overvalued right now?
Zenith Drugs (NSE:ZENITHDRUG) has a current ROC (Joel Greenblatt) % of 11.87%. The current ROC (Joel Greenblatt) % is 11.87%, which is 53% below median its 10-year median of 25.52 and 5.2% above the Drug Manufacturers industry median of 11.28. Zenith Drugs' overall GF Score™ is 35/100 with 8 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 Zenith Drugs (NSE:ZENITHDRUG), the current ROC (Joel Greenblatt) % is 11.87% 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.
Zenith Drugs Ltd is a pharmaceutical manufacturing and trading company. It offers a wide range of formulations in various forms such as ORS Powder, Liquid Orals, Ointments, Liquid Externals, Creams, Gels, Capsules, and Tablets. It is also into Generic Medicines.
35GF Score
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